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Faz Foods Limited

14742484

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

116 WITHINGTON ROAD, MANCHESTER, M16 8FA
Incorporated 20/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Zahid Fiaz

director · Since 20/03/2023

DIRECTOR

PAKISTANI · ENGLAND · Age 31

Also on 1 other board

Persons with Significant Control

Mr Zahid Fiaz

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

Pakistani · England · Age 31

116, Withington Road, Manchester, M16 8FA

Notified 20/03/2023

CompanyRankvs 8277+ SIC 56103 peers
61

Financial strength59th percentile among SIC peers · 15/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 5.46× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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8277Faz Foods Limited
61
How is this score calculated?
Financial strength15/25 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.

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.

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 31/03/2024

Net Worth

£2k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£3k

Current Liabilities

£507

3avg. employees

Tax at Year End

Corp tax£507
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20245.46

Derived from filed accounts. Not audited figures.