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Believe And Sons Ltd

15561215

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

55 WOLVERHAMPTON STREET, WILLENHALL, WV13 2NF
Incorporated 14/03/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities
78200
Temporary employment agency activities
87200
Residential care activities for mental health, substance abuse and intellectual disabilities
90020
Support activities to performing arts

Officers

Mr Muyiwa Daniel Erinle

director · Since 14/03/2024

DIRECTOR

NIGERIAN,BRITISH · UNITED KINGDOM · Age 37

Also on 1 other board

Persons with Significant Control

Mr Muyiwa Daniel Erinle

75–100% shares

Nigerian,British · United Kingdom · Age 37

55, Wolverhampton Street, Willenhall, WV13 2NF

Notified 14/03/2024

CompanyRankvs 8058+ SIC 56210 peers
46

Financial strength68th percentile among SIC peers · 17/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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8058Believe And Sons Ltd
46
How is this score calculated?
Financial strength17/25 pts

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

Employees10/15 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 31/03/2025

Net Worth

£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£2k

Current Liabilities

£22k

Fixed Assets

£25k

2avg. employees

Balance Sheet

Assets less current liabilities£5k
Signed by 14.3.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20250.08

Derived from filed accounts. Not audited figures.