Back to search

Fxify Solutions Limited

14451720

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

142, CENTRAL STREET, LONDON, EC1V 8AR
Incorporated 31/10/2022

Compliance

Last accounts

31/10/2024

medium

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr David Paul Bhidey

director · Since 31/10/2022

OPERATIONS ASSOCIATE

BRITISH · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Briarwood Ventures Limited

75–100% shares
75–100% votes
Appoint directors

Suite A,, 19/F, Two Chinachem Plaza,, 68 Connaught Road Central

Reg: 74543806 · Hong Kong Company Registry · Private Limited Company

Notified 31/10/2022

Former PSCs

Gope Shyamdas Kundnani

Ceased 31/10/2022

CompanyRankvs 18323+ SIC 62012 peers
51

Financial strength67th percentile among SIC peers · 17/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Arden Software Limited
90
2Animation 2000 Limited
90
3Clive Holmes Limited
90
4H. & A.K. Fletcher Limited
90
5Sas Software Limited
90
6Datastor Systems Limited
90
7Xenith Document Systems Ltd
90
8Tba Doncaster Limited
90
9Industrial Tool Supplies (London) Limited
90
10Computair Limited
90
18323Fxify Solutions Limited
60
How is this score calculated?
Financial strength17/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

for new trading account purchases. Despite these headwinds, the Company strengthened its overall balance sheet, achieving higher net assets of £38,416 (up from £8,335 in the previous financial year). GOING CONCERN ASSESSMENT In accordance with company law and applicable accounting standards, we have conducted a thorough assessment of the Company's ability to continue as a going concern. This asses

Key FinancialsYear ending 31/10/2025

Turnover

£13.6M

Annual revenue

Net Worth

£10k

Balance sheet strength

Cash

£941k

Cash in the bank

Profit Before Tax

£30k

Bottom line earnings

Net Current Assets

£34k

Working capital

Current Assets

£16.9M

Current Liabilities

£16.8M

Fixed Assets

£4k

Debtors

£15.9M

Cost of Sales

£8.9M

Gross Profit

£4.7M

Admin Expenses

£4.7M

Profit After Tax

£30k

4avg. employees+1

People Costs

Wages & salaries£259k
NI contributions£11k

Balance Sheet

Assets less current liabilities£38k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.00+£0
20241.00+£0
20230.74—

Derived from filed accounts. Not audited figures.