Warning: Company is live receiver manager on at least one charge
This status significantly impacts the Vetted Score.
FAISALTEX LIMITED
Is FAISALTEX LIMITED Vetted & Legitimate?
FAISALTEX LIMITED was incorporated on 6 March 1987 as a private limited company, making it 39 years old. The company's current status is "receivership". It currently has 2 active officers on record and 3 historical appointments that have since resigned. There are 22 charges registered against this company, of which 4 remain outstanding.
Vetted Score
Caution
Based on automated analysis of public records.
Company status is receivership.
Operating for 39 years.
All accounts and statements are up to date.
No strike-off history found.
High turnover or recent appointments only.
4 outstanding charge(s) registered.
CRITICAL: Company is actively in live receiver manager on at least one charge.
Officers have neutral track records. (Avg Officer Score: 75)
Financial Health & Compliance
Insolvency Risk: This company has a history of insolvency proceedings. Please review the Insolvency section for details before proceeding.
Annual Accounts
Unknownsmall
Confirmation Statement
Up to dateFiled
Next due: 28/09/2012
Charges & Mortgages
Has Outstanding4 Outstanding
Out of 22 total charges
Company / Officer Relationships
Visualization of directors and their other active appointments. (Limited to 5 active directors)
Nature of Business (SIC)
- 7020Unknown SIC Code
Key Dates & Events Timeline
legacy
insolvency
filingannual return company with made up date full list shareholders
annual return
filingaccounts with accounts type small
accounts
filingannual return company with made up date full list shareholders
annual return
filingchange person director company with change date
officers
filingCharge Created
Status: outstanding.
chargeaccounts with accounts type full
accounts
filinglegacy
annual return
filingaccounts with accounts type full
accounts
filinglegacy
annual return
filinglegacy
mortgage
filingCharge Satisfied
The charge from 2006-11-17 was satisfied.
chargeaccounts with accounts type full
accounts
filinglegacy
address
filinglegacy
annual return
filingDirectors & Officers
Arif Umerji Patel
secretarySabina Arif Patel
directorCharges & Mortgages
4 outstanding / 22 total charge(s)
- outstandingCharge not registered at companies houseCreated: 2010-08-31
- fully satisfiedMortgageEntitled: Lloyds Tsb Bank PLCCreated: 2006-11-17Satisfied: 2008-04-29
- outstandingAn omnibus guarantee and set-off agreementEntitled: Lloyds Tsb Bank PLCCreated: 2006-10-25
- outstandingMortgageEntitled: Lloyds Tsb Bank PLCCreated: 2006-09-27
- outstandingMortgageEntitled: Lloyds Tsb Bank PLCCreated: 2006-08-02
- fully satisfiedLegal chargeEntitled: The Royal Bank of Scotland PLCCreated: 2003-08-01Satisfied: 2006-09-27
- fully satisfiedLegal mortgageEntitled: Hsbc Bank PLCCreated: 2002-05-19Satisfied: 2006-05-18
- fully satisfiedLegal mortgageEntitled: Hsbc Bank PLCCreated: 2002-05-19Satisfied: 2006-05-18
- fully satisfiedLegal mortgageEntitled: Hsbc Bank PLCCreated: 2001-04-10Satisfied: 2006-05-18
- fully satisfiedLegal chargeEntitled: The Royal Bank of Scotland PLCCreated: 2000-06-16Satisfied: 2006-09-27
- fully satisfiedLegal chargeEntitled: The Royal Bank of Scotland PLCCreated: 2000-03-17Satisfied: 2006-09-27
- fully satisfiedLegal mortgageEntitled: Hsbc Bank PLCCreated: 2000-02-18Satisfied: 2006-05-18
- fully satisfiedDebentureEntitled: Hsbc Bank PLCCreated: 1999-11-26Satisfied: 2006-05-18
- fully satisfiedLegal chargeEntitled: The Royal Bank of Scotland PLCCreated: 1999-08-13Satisfied: 2003-03-19
- fully satisfiedLegal chargeEntitled: The Royal Bank of Scotland PLCCreated: 1999-01-05Satisfied: 2005-07-18
- fully satisfiedLegal mortgageEntitled: Midland Bank PLCCreated: 1998-12-10Satisfied: 2006-05-18
- fully satisfiedLegal chargeEntitled: The Royal Bank of Scotland PLCCreated: 1997-12-28Satisfied: 2003-03-19
- fully satisfiedLegal chargeEntitled: The Royal Bank of Scotland PLCCreated: 1997-11-19Satisfied: 1998-09-23
- fully satisfiedDebentureEntitled: The Royal Bank of Scotland PLCCreated: 1996-03-31Satisfied: 2006-09-27
- fully satisfiedLegal chargeEntitled: Bank of India.Created: 1990-04-11Satisfied: 1997-04-03
- fully satisfiedLegal chargeEntitled: Bank of IndiaCreated: 1988-06-23Satisfied: 1997-04-03
- fully satisfiedMortgage and general chargeEntitled: Bank of IndiaCreated: 1987-04-02Satisfied: 1997-04-03
Insolvency History
- receiver managerCase #1Practitioners:James Earp (receiver manager)Appointed: 2010-08-31
Recent Filings
- legacyinsolvency2011-11-01View PDF
- annual return company with made up date full list shareholdersannual return2011-09-21View PDF
- accounts with accounts type smallaccounts2010-12-17View PDF
- annual return company with made up date full list shareholdersannual return2010-11-12View PDF
- change person director company with change dateofficers2010-11-12View PDF
Key Dates
- Incorporated1987-03-06
- Next Accounts DueN/A
- Next Confirmation Due28/09/2012
Frequently Asked Questions
What is a Vetted Score?
The Vetted Score is a 0–100 rating calculated automatically from publicly available Companies House data. It considers factors such as the length of time the company has been active, whether filings are up to date, the number of active directors, outstanding charges, and any insolvency history. A higher score indicates fewer administrative risk signals — it is not a credit rating and does not reflect on the quality of a company's products or services.
What does “active” company status mean?
An “active” status means the company is currently registered and has not been dissolved or struck off by Companies House. It does not necessarily mean the company is currently trading — many registered companies are dormant. Always verify trading activity through direct contact or financial accounts.
What are charges and mortgages on a company?
A charge (also called a debenture or mortgage) is a form of security given by a company over its assets in favour of a lender. If a charge is “outstanding”, it means the underlying debt has not yet been repaid or discharged. Charges are registered at Companies House and are a matter of public record. An outstanding charge is not necessarily a problem — many healthy businesses borrow money secured against their assets.
How can I verify a UK company is legitimate?
You can verify any UK company by checking its record on the official Companies House register at find-and-update.company-information.service.gov.uk. Look for: an active status, recent confirmation statements and accounts filed on time, a registered office address, and at least one active director. Cross-referencing the company's website, VAT registration, and professional body memberships also helps.
What does a dissolved company mean?
A dissolved company has been removed from the Companies House register and no longer exists as a legal entity. It cannot enter contracts, employ staff, or trade. The dissolution may have been voluntary (the owners chose to close it) or compulsory (struck off by Companies House for failing to file documents). Dissolved company records remain publicly searchable.
Where does this data come from?
All company data on Vetted is sourced directly from the Companies House public API. Companies House is the UK's official registrar of companies, responsible for maintaining public records of all limited companies in England, Wales, Scotland, and Northern Ireland. This data is updated regularly but may not reflect changes made within the last 24–48 hours.