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Fabulets Properties Limited

13642545

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

809 SALISBURY HOUSE, 29 FINSBURY CIRCUS, EC2M 7AQ
Incorporated 24/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Jagdish Udayakumar

director · Since 24/09/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Mrs Geethapriya Varadarajan

director · Since 24/09/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Persons with Significant Control

Mr Jagdish Udayakumar

25–50% shares
25–50% votes

British · United Kingdom · Age 46

809, Salisbury House, 29 Finsbury Circus, EC2M 7AQ

Notified 24/09/2021

Mrs Geethapriya Varadarajan

25–50% shares
25–50% votes

British · United Kingdom · Age 43

809, Salisbury House, 29 Finsbury Circus, EC2M 7AQ

Notified 24/09/2021

Charges1 outstanding

Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 26/09/2023Registered 27/09/2023

CompanyRankvs 123034+ SIC 68100 peers
16

Financial strength9th percentile among SIC peers · 2/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 30/09/2025

Net Worth

-£34k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£64k

Working capital

Current Assets

£37k

Current Liabilities

£101k

Fixed Assets

£160k

Debtors

£36k

2avg. employees

Director Loans

Company owes directors£100k

Balance Sheet

Assets less current liabilities£96k
Signed by Jagdish Udayakumar 29 June 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.37+£10k
20240.41-£36k
20230.43-£5k
20220.94

Derived from filed accounts. Not audited figures.