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Franco Care Ltd

13918691

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

85 ANTHONY DRIVE, NORWICH, NR3 4EW
Incorporated 16/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Mr Francis Chidiebube Ibeawuchi

director · Since 16/02/2022

MENTAL HEALTH SUPPORT WORKER

NIGERIAN · UNITED KINGDOM · Age 33

Mrs Uche Bianca Alagwu

secretary · Since 01/06/2024

Persons with Significant Control

Mr Francis Chidiebube Ibeawuchi

75–100% shares

Nigerian · United Kingdom · Age 33

78, Oval Road, Norwich, NR5 0DQ

Notified 16/02/2022

CompanyRankvs 7870+ SIC 87200 peers
34

Financial strength13th percentile among SIC peers · 3/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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7870Franco Care Ltd
30
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.

Employees6/15 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.

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

-£466

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£216

Working capital

Current Assets

£1k

Current Liabilities

£1k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£216
Signed by Mr Francis Ibeawuchi 24/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.83
20241.25
20231.54

Derived from filed accounts. Not audited figures.