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Fair Suites Ltd

14362399

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

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 16/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation
55209
Other holiday and short-stay accommodation
55900
Other accommodation

Officers

Mr Shamas Khan

director · Since 16/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Mr Shahzad Syed

director · Since 16/09/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 3 other boards

Persons with Significant Control

Mr Shahzad Syed

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 72

128, City Road, London, EC1V 2NX

Notified 16/09/2022

Mr Shamas Khan

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 33

128, City Road, London, EC1V 2NX

Notified 16/09/2022

CompanyRankvs 9451+ SIC 55100 peers
34

Financial strength7th percentile among SIC peers · 2/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.42× · 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 strength2/25 pts

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

Employees11/15 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 30/09/2024

Net Worth

-£222k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£17k

Current Liabilities

£40k

Fixed Assets

£520k

Debtors

£16k

6avg. employees-4

Balance Sheet

Assets less current liabilities£496k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42-£209k
20232.40

Derived from filed accounts. Not audited figures.