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Fc 01 Limited

13654604

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)
  • Going concern doubt noted in accounts (-10)

Details

LODGE COTTAGE BATH ROAD, READING, RG10 9SR
Incorporated 30/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores

Officers

Mr Kamran Iltaf Abassi

director · Since 21/02/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 7 other boards

Persons with Significant Control

Mr Kamran Iltaf Abassi

Significant control

British · England · Age 52

Lodge Cottage, Bath Road, Reading, RG10 9SR

Notified 21/02/2023

Former PSCs

Mr Iqbal Husain Abdul Umar

Ceased 21/02/2023

CompanyRankvs 3697+ SIC 47290 peers
36

Financial strength0th percentile among SIC peers · 0/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.34× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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

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

Going Concern Doubt

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern, being net liabilities at the balance sheet date. The company has net current liabilities and net liabilities at the balance sheet date. In order to continue to trade the company is reliant up

Key FinancialsYear ending 30/09/2024

Net Worth

-£1.3M

Balance sheet strength

Cash

£70k

Cash in the bank

Net Current Assets

£143k

Working capital

Current Assets

£560k

Current Liabilities

£417k

Fixed Assets

£95k

Debtors

£490k

17avg. employees-6

Balance Sheet

Assets less current liabilities£238k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.34-£321k
20230.82

Derived from filed accounts. Not audited figures.