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Freo Financial Solutions Limited

15990871

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

56 MAYFLOWER AVENUE, CARDIFF, CF14 5HR
Incorporated 01/10/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Karl Follows

director · Since 01/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Mrs Katherine Follows

director · Since 16/04/2025

DIRECTOR

BRITISH · WALES · Age 42

Persons with Significant Control

Mr Karl Follows

25–50% shares
25–50% votes

British · United Kingdom · Age 42

56 Mayflower Avenue, Llanishen, Cardiff, CF14 5HR

Notified 01/10/2024

Mrs Katherine Follows

25–50% shares
25–50% votes

British · United Kingdom · Age 42

56 Mayflower Avenue, Llanishen, Cardiff, CF14 5HR

Notified 01/10/2024

CompanyRankvs 16610+ SIC 64999 peers
44

Financial strength43th percentile among SIC peers · 11/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 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.

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.

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 31/03/2026

Net Worth

£812

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£16k

Current Liabilities

£20k

Fixed Assets

£29k

Debtors

£981

2avg. employees

Director Loans

Company owes directors£6k

Balance Sheet

Assets less current liabilities£25k
Signed by Mr K Follows Mrs K Follows 13 May 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20260.78

Derived from filed accounts. Not audited figures.