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Fabgoods Limited

15166583

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

118 PALMERS LEAZE, BRISTOL, BS32 0HH
Incorporated 26/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Amit Aswani

director · Since 26/09/2023

DIRECTOR

INDIAN · UNITED KINGDOM · Age 39

Mrs Sweety Aka Mahek Aswani

director · Since 26/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Amit Aswani

25–50% shares
25–50% votes

Indian · United Kingdom · Age 39

118 Palmers Leaze, Bradley Stoke, Bristol, BS32 0HH

Notified 26/09/2023

Mrs Sweety Aka Mahek Aswani

25–50% shares
25–50% votes

British · United Kingdom · Age 39

118 Palmers Leaze, Bradley Stoke, Bristol, BS32 0HH

Notified 26/09/2023

CompanyRankvs 30802+ SIC 47990 peers
29

Financial strength19th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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30802Fabgoods Limited
24
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.

Employees0/15 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 30/09/2024

Net Worth

-£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£918

Working capital

Current Assets

£2k

Current Liabilities

£3k

Balance Sheet

Assets less current liabilities-£918
Signed by A Aswani 26 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.73

Derived from filed accounts. Not audited figures.