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Light Fire Imports Ltd

15322870

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

20 PALATINE DRIVE, PRESTON, PR2 3DW
Incorporated 01/12/2023

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/04/2026

Due 16/04/2027

On track

Industry

46750
Wholesale of chemical products
47260
Retail sale of tobacco products in specialised stores
47910
Retail sale via mail order houses or via Internet

Officers

Muhammad Faheem Shekhani

director · Since 20/01/2025

DIRECTOR

PAKISTANI · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Muhammad Faheem Shekhani

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

Pakistani · England · Age 43

20, Palatine Drive, Preston, PR2 3DW

Notified 03/03/2025

Former PSCs

Mr Asim Ismail Bawa

Ceased 04/10/2024

Mr Asad Asim Bawa

Ceased 03/03/2025

CompanyRankvs 1477+ SIC 46750 peers
37

Financial strength2th percentile among SIC peers · 1/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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 31/12/2024

Net Worth

-£236k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£249k

Working capital

Current Assets

£312k

Current Liabilities

£560k

Fixed Assets

£13k

3avg. employees

Balance Sheet

Assets less current liabilities-£236k
Prepared with v2025.79.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent Ratio
20240.56

Derived from filed accounts. Not audited figures.