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Mfas Solutions Ltd

15370557

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

42 ADDISON ROAD, MANCHESTER, M44 6EP
Incorporated 27/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Michael Fasanya

secretary · Since 27/12/2023

Also on 1 other board

Mr Michael Fasanya

director · Since 27/12/2023

SOFTWARE DEVELOPER

NIGERIAN · UNITED KINGDOM · Age 40

Also on 1 other board

Persons with Significant Control

Mr Michael Fasanya

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

Nigerian · United Kingdom · Age 40

42, Addison Road, Manchester, M44 6EP

Notified 27/12/2023

CompanyRankvs 39032+ SIC 62012 peers
37

Financial strength47th percentile among SIC peers · 12/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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39032Mfas Solutions Ltd
37
How is this score calculated?
Financial strength12/25 pts

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

Employees6/15 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.

Longevity2/15 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

£299

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£299

Working capital

Current Assets

£1

Current Liabilities

£300

1avg. employees

Balance Sheet

Assets less current liabilities£299
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.00

Derived from filed accounts. Not audited figures.