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Favicom Ltd

13888376

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 9 outstanding charges (-10)

Details

1ST FLOOR, HARLOW, CM20 1YS
Incorporated 02/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own 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

Mrs Favour Adeola Olukanni

director · Since 02/02/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mrs Favour Adeola Olukanni

75–100% shares

British · United Kingdom · Age 46

1st Floor, North Westgate House, Harlow, CM20 1YS

Notified 02/02/2022

Former PSCs

Mr Victor Idowu Olukanni

Ceased 07/03/2022

Charges9 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 13/03/2026Registered 20/03/2026
Charge
outstanding

GODIVA MORTGAGES LIMITED

Created 29/12/2025Registered 30/12/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 15/08/2025Registered 22/08/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 01/07/2025Registered 10/07/2025
Charge
outstanding

PARATUS AMC LIMITED

Created 27/10/2023Registered 30/10/2023
Charge
satisfied

KENSINGTON MORTGAGE COMPANY LIMITED

Created 13/06/2023Registered 13/06/2023Satisfied 02/07/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 24/01/2023Registered 27/01/2023
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 29/07/2022Registered 29/07/2022
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 01/07/2022Registered 05/07/2022
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 27/05/2022Registered 01/06/2022

CompanyRankvs 86823+ SIC 68100 peers
37

Financial strength53th percentile among SIC peers · 13/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength13/25 pts

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

Employees9/15 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.

Longevity4/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£532

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£938

Working capital

Current Assets

£23k

Current Liabilities

£23k

Fixed Assets

£586k

1avg. employees

Balance Sheet

Assets less current liabilities£585k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.96
20240.82
20230.49

Derived from filed accounts. Not audited figures.