Farrat Isolevel Limited
00635283
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2025
full
Next accounts due
30/09/2027
Confirmation statement
Last: 13/08/2025
Due 27/08/2026
Industry
Officers
director · Since 14/10/2020
TECHNICAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 39
Also on 3 other boards
director · Since 22/07/2022
HR DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 2 other boards
director · Since 22/08/2024
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 3 other boards
secretary · Since 09/04/2025
Persons with Significant Control
Farrat Holdings Limited
C/O Farrat Isolevel Ltd, Balmoral Road, Altrincham, WA15 8HJ
Reg: 10827155 · Companies House · Limited Company
Notified 06/02/2018
Former PSCs
Mr Andrew John Farrell
Ceased 06/02/2018
Mr Oliver Richard Farrell
Ceased 06/02/2018
Mr Richard John Maxwell Farrell
Ceased 06/02/2018
Miss Hilary Jane Farrell
Ceased 06/02/2018
Charges3 outstanding
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LTD
HSBC UK BANK PLC
CompanyRankvs 15+ SIC 28990 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£10.3M
Annual revenue
Net Worth
£6.8M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Profit Before Tax
-£1.5M
Bottom line earnings
Net Current Assets
£6.0M
Working capital
Current Assets
£9.5M
Current Liabilities
£3.5M
Fixed Assets
£910k
Debtors
£5.0M
Cost of Sales
£5.7M
Gross Profit
£4.6M
Admin Expenses
£6.1M
Operating Profit
-£1.4M
Profit After Tax
-£1.1M
Tax at Year End(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.74 | -£1.1M |
| 2023 | 3.28 | +£2.2M |
| 2022 | 3.39 | +£1.4M |
| 2021 | 3.51 | +£1.3M |
| 2020 | 2.46 | -£4.0M |
| 2019 | 7.11 | +£1.9M |
| 2018 | 6.19 | — |
Derived from filed accounts. Not audited figures.