FAVOURGRUP LIMITED

Company number 06954229 · Active (Active - Proposal to Strike off)

FAVOURGRUP LIMITED is a private limited company registered in BARKING, United Kingdom, incorporated on 7 Jul 2009. Its registered activity is information technology consultancy activities. Its latest published accounts for the period ending 31 Jan 2024 show equity of £43k, total assets of £1,820. It has filed 5 sets of accounts, 4 of them after the deadline. Our model estimates a 0.14 % probability that it becomes insolvent within 12 months, 1.2 times the average for active companies (medium risk).

Insolvency risk, next 12 months

0.14 %
Medium risk
Lowest riskHighest risk

Higher than 93 % of active companies in the United Kingdom. 1.2× the average annual insolvency rate (0.12 %).

Raises the risk

Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent

Lowers the risk

Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
06954229 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
7 Jul 2009 (17 years)
Registered address
IG11 0UF BARKING
Postcode area
Ilford
Activity
62020 Information technology consultancy activities
Industry
Computer programming and consultancy
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jan 202415 Nov 2024– –£43k£1,820 £43k–0
31 Jan 202315 Nov 2023– –£44k£1,700 £0–1
31 Jan 202215 Oct 2022– –£44k£2,861 £512–1
31 Jan 202115 Jan 2022– –£861£4,461 £3,600–1
31 Jan 202015 Dec 2020£2,000 £2,000£2,000– ––2

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Ilford

Questions about FAVOURGRUP LIMITED

What is the company number of FAVOURGRUP LIMITED?

FAVOURGRUP LIMITED is registered under company number 06954229 in the official register of United Kingdom. View it at the official register.

Is FAVOURGRUP LIMITED still active?

Yes. FAVOURGRUP LIMITED is registered as active (status: Active - Proposal to Strike off).

Has FAVOURGRUP LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for FAVOURGRUP LIMITED in the official data.

How likely is FAVOURGRUP LIMITED to become insolvent?

Our model estimates a 0.14 % probability that FAVOURGRUP LIMITED becomes insolvent within the next 12 months (medium risk). That is higher than 93 % of active companies in the United Kingdom.

When was FAVOURGRUP LIMITED founded?

FAVOURGRUP LIMITED was incorporated on 7 Jul 2009.

Where is FAVOURGRUP LIMITED registered?

FAVOURGRUP LIMITED's registered address is in IG11 0UF BARKING (Ilford), United Kingdom.

What do the latest accounts of FAVOURGRUP LIMITED show?

The latest published accounts (period ending 31 Jan 2024) show equity of £43k, total assets of £1,820, 0 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.