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Favicom Ltd

13888376

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 9 outstanding charges (-10)

Details

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

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 07/08/2025

Due 21/08/2026

On track

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 47

Also on 2 other boards

Persons with Significant Control

Mrs Favour Adeola Olukanni

75–100% shares

British · United Kingdom · Age 47

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 88056+ SIC 68100 peers
38

Financial strength53th percentile among SIC peers · 13/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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88056Favicom Ltd
43
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.

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

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.