Company Overview
Folkart Ltd is a Dissolved Private Limited Company.
Registered Address

Flat1 18 Barclay Road, Croydon, CR0 1JN
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Companies House Data
Company NameFOLKART LTD
Company Number09570135
Registered Office AddressFlat1 18 Barclay Road
 CR0 1JN
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date30/04/2015
Accounting Reference Date Day30
Accounting Reference Date Month4
Accounts Next Due Date31/01/2019
Accounts Last Made Up Date30/04/2017
Returns Next Due Date09/06/2017
Returns Last Made Up Date12/05/2016
Directors & Members
Show Resigned
Marius Chita - Director
(Romanian, 49 years old, born January 1977)
Appointed 30 April 2015
Active
Ionel Stan - Director
(Romanian, 48 years old, born April 1978)
Appointed 30 April 2015
Active
Secretaries
Alina Epure - Secretary
Appointed 30 April 2015
Active
Other Company Directorships
Marius Chita
SOLENER LTD
Ionel Stan
SOLENER LTD
Balance Sheet Unlock full report
Accounts Date 30-Apr-2017 30-Apr-2016
Balance Sheet
Fixed Assets - 0
Current Assets - 1
Creditors Due Within One Year - 0
Working Cap - 1
Total Assets Less Current Liabilities 1 1
Long-term Liabilities - 0
Net Assets 1 1
Share Capital & Reserves
Share Cap - 1
Profit & Loss Reserves - -
Other Reserves - -
Shareholders Funds 1 1
Common Size Financial Analysis Unlock full report
Accounts Date 30-Apr-2017 30-Apr-2016
Tangible Fixed Assets - -
Fixed Assets - 0.0%
Stocks Inventory - 100.0%
Debtors - -
Cash Bank In Hand - -
Current Assets - 100.0%
Creditors Due Within One Year - 0.0%
Net Current Assets Liabilities - 100.0%
Creditors Due After One Year - -
Accruals Deferred Income - -
Provisions For Liabilities Charges - -
Net Assets Liabilities Including Pension Asset Liability - 100.0%
Called Up Share Capital - 100.0%
Share Capital Allotted Called Up Paid - 100.0%
Profit Loss Account Reserve - -
Shareholder Funds - 100.0%
Capital Employed - -
Total Assets Less Current Liabilities - 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Apr-2017 30-Apr-2016
Liquidity Ratio 0.0 1.0
Solvency Ratio -
Reserves to Assets - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Apr-2017 30-Apr-2016
Assets - 1
Debt - 0
Net Assets/Debt 1 1
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 12 May 2018 with no updates
Confirmation statement made on 12 May 2017 with updates
Annual return made up to 12 May 2016 with full list of shareholders
Annual return made up to 12 May 2015 with full list of shareholders
Appointment of Mrs Alina Georgeta Epure as a secretary on 30 April 2015
Appointment of Mr Ionel Adrian Stan as a director on 30 April 2015
Appointment of Mr Marius Chita as a director on 30 April 2015
Termination of appointment of Peter Valaitis as a director on 1 May 2015
Incorporation

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