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Fireaway Se18 Limited

13537532

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

40-42 HERBERT ROAD, WOOLWICH, SE18 3SH
Incorporated 29/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Usman Ahmed

director · Since 29/07/2021

ENTREPRENEUR

PAKISTANI · UNITED KINGDOM · Age 34

Also on 1 other board

Persons with Significant Control

Mr Usman Ahmed

75–100% shares
75–100% votes
Appoint directors

Pakistani · England · Age 34

40-42, Herbert Road, Woolwich, SE18 3SH

Notified 29/07/2021

Former PSCs

Mr Adil Niazi

Ceased 01/08/2021

Key Property Consultants Limited

Ceased 29/07/2023

CompanyRankvs 32759+ SIC 56103 peers
37

Financial strength10th percentile among SIC peers · 3/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2024

Net Worth

-£23k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£20k

Current Liabilities

£29k

Fixed Assets

£8k

Debtors

£4k

3avg. employees-3

Balance Sheet

Bank loans & overdrafts£23k
Assets less current liabilities-£406
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.71-£45k
20230.47

Derived from filed accounts. Not audited figures.