Back to search

Fa Tech Limited

14547989

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

SUITE 2 PARKWAY FIVE, MANCHESTER, M14 7HR
Incorporated 19/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
74909
Other professional, scientific and technical activities

Officers

Mr Faizan Afzal

director · Since 19/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 37

Mrs Sofia Shafaat

secretary · Since 18/12/2023

Persons with Significant Control

Mr Faizan Afzal

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

British · England · Age 37

Suite 2, Parkway Five, Manchester, M14 7HR

Notified 19/12/2022

Mrs Sofia Shafaat

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

British · England · Age 37

Suite 2, Parkway Five, Manchester, M14 7HR

Notified 01/04/2024

CompanyRankvs 10779+ SIC 62090 peers
72

Financial strength88th percentile among SIC peers · 22/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.51× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Barron Mccann Limited
90
2Synergy Logistics Limited
90
3Newspress Limited
90
4Numerical Algorithms Group Limited (The)
90
5Planet Intelligent Technology Limited
90
6Lynbrook Managed Services Limited
90
7Snap-On Business Solutions Limited
90
8Xenith Document Systems Ltd
90
9Sight And Sound Technology Limited
90
10Htec Limited
90
10779Fa Tech Limited
71
How is this score calculated?
Financial strength22/25 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.

Liquidity20/20 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 31/12/2024

Net Worth

£119k

Balance sheet strength

Cash

£68k

Cash in the bank

Net Current Assets

£119k

Working capital

Current Assets

£197k

Current Liabilities

£78k

Debtors

£129k

2avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.51+£55k
20232.40—

Derived from filed accounts. Not audited figures.