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Farnajtech Ltd

14653296

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

26 BIRCHFIELDS ROAD, MANCHESTER, M13 0XR
Incorporated 09/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Nader Farooq Rehman Khalil

director · Since 09/02/2023

COMPANY DIRECTOR

SPANISH · ENGLAND · Age 25

Also on 3 other boards

Persons with Significant Control

Mr Nader Farooq Rehman Khalil

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

Spanish · England · Age 25

26, Birchfields Road, Manchester, M13 0XR

Notified 09/02/2023

Former PSCs

Mr Adnan Ashraf

Ceased 25/07/2023

CompanyRankvs 24018+ SIC 47990 peers
36

Financial strength20th percentile among SIC peers · 5/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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24018Farnajtech Ltd
32
How is this score calculated?
Financial strength5/25 pts

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

Employees7/15 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.

Longevity3/15 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

-£616

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£616

Working capital

Current Assets

£6k

Current Liabilities

£7k

1avg. employees

Balance Sheet

Assets less current liabilities-£616
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.91
20240.80

Derived from filed accounts. Not audited figures.