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Firet Ltd

15084401

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)
  • Negative net worth (-10)

Details

10 OXFORD STREET, TELFORD, TF2 6AA
Incorporated 21/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Parmajit Sandhu

director · Since 07/09/2024

NONE

BRITISH · UNITED KINGDOM · Age 65

Persons with Significant Control

Mr Jagpinder Cheema

25–50% shares
25–50% votes

British · United Kingdom · Age 38

10, Oxford Street, Telford, TF2 6AA

Notified 21/08/2023

Mr Amninder Sandhu

25–50% shares
25–50% votes

British · United Kingdom · Age 37

10, Oxford Street, Telford, TF2 6AA

Notified 21/08/2023

CompanyRankvs 42887+ SIC 56103 peers
23

Financial strength13th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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42887Firet Ltd
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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.

Employees0/15 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 31/08/2024

Net Worth

-£16k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£867

Current Liabilities

£17k

Balance Sheet

Assets less current liabilities-£16k
Signed by Mr P Sandhu 12/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.05

Derived from filed accounts. Not audited figures.