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4everfuels Ltd

14041832

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)
  • Current liabilities exceed current assets (-10)

Details

43 HONEYSUCKLE DRIVE, WALSALL, WS5 4RH
Incorporated 12/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Ms Madhvi Shergill

director · Since 12/04/2022

SOCIAL WORKER

BRITISH · ENGLAND · Age 50

Also on 4 other boards

Persons with Significant Control

Eco Energy Trading Ltd

25–50% shares
25–50% votes
Appoint directors

1 The Maltings Court, 2 Anderson Road, Smethwick, B66 4AR

Reg: 14015337 · Uk Register Of Companies · Private Company Limited By Shares

Notified 12/04/2022

Flexgold Investments Ltd

25–50% shares
25–50% votes
Appoint directors

12, Wolverhampton Road, Kingswinford, DY6 7JB

Reg: 07904149 · England · Limited

Notified 15/02/2023

CompanyRankvs 13154+ SIC 32990 peers
30

Financial strength3th percentile among SIC peers · 1/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio -0.18× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees8/15 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.

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 30/04/2024

Net Worth

-£135k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£162k

Working capital

Current Assets

-£25k

Current Liabilities

£138k

Fixed Assets

£28k

2avg. employees-1

Balance Sheet

Assets less current liabilities-£135k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024-0.18-£92k
20230.14

Derived from filed accounts. Not audited figures.