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Fado Service Ltd

14955583

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

444 DARWEN ROAD, BOLTON, BL7 9HZ
Incorporated 23/06/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52219
Other service activities incidental to land transportation
52243
Cargo handling for land transport activities

Officers

Dounia Ahkouk

director · Since 23/06/2023

Italian

Former

Fahd Ahkouk

director · Resigned 07/07/2025

CompanyRankvs 18950+ SIC 52219 peers
32

Financial strength10th percentile among SIC peers · 3/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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1895Fado Service Ltd
32
How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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 30/06/2024

Net Worth

-£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£1k

Current Liabilities

£7k

2avg. employees

Balance Sheet

Assets less current liabilities-£6k
Signed by Mr Fahd Ahkouk 06/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.16

Derived from filed accounts. Not audited figures.