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Fave Spot Ltd

14834097

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

12 WARWICK STREET, NEWCASTLE UPON TYNE, NE6 5AQ
Incorporated 28/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Stefan Antoniu Ionica

director · Since 28/04/2023

DIRECTOR

ROMANIAN · ENGLAND · Age 38

Ionut Alexandru Neacsu

director · Since 28/04/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Persons with Significant Control

Stefan Antoniu Ionica

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

Romanian · England · Age 38

12, Warwick Street, Newcastle Upon Tyne, NE6 5AQ

Notified 28/04/2023

Dark Fuchsia Ltd

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

12, Warwick Street, Newcastle Upon Tyne, NE6 5AQ

Reg: 14802314 · Uk Register Of Companies · Private Company Limited By Shares

Notified 28/04/2023

CompanyRankvs 5818+ SIC 56102 peers
59

Financial strength66th percentile among SIC peers · 17/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 38.36× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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5818Fave Spot Ltd
59
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.

Employees4/15 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 30/04/2025

Net Worth

£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£6k

Current Liabilities

£165

Fixed Assets

£14k

1avg. employees

Balance Sheet

Assets less current liabilities£21k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202538.36+£22k
20240.11—

Derived from filed accounts. Not audited figures.