Back to search

Farnworth & Langan (Blackburn) Limited

00832799

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

UNIT 6 STANCLIFFE STREET, BLACKBURN, BB2 2QR
Incorporated 30/12/1964

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Kathleen Langan

director · Since 06/06/1991

SECRETARY AND BOOKEEPER

BRITISH · UNITED KINGDOM · Age 80

Also on 3 other boards

Patrick Joseph Langan

director · Since 06/06/1991

ENGINEER

BRITISH · UNITED KINGDOM · Age 83

Kathleen Langan

secretary · Since 06/04/1993

BRITISH · UNITED KINGDOM · Age 80

Also on 3 other boards

Mr Paul Antony Langan

director · Since 06/04/1993

ENGINEER

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Mr Patrick Joseph Langan

50–75% shares
50–75% votes
Appoint directors

British · England · Age 83

Unit 6 Stancliffe Street, Blackburn, BB2 2QR

Notified 06/04/2016

Mrs Kathleen Langan

25–50% shares
25–50% votes

British · England · Age 80

Unit 6 Stancliffe Street, Blackburn, BB2 2QR

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 22/06/1983Registered 12/07/1983Satisfied 15/11/2016
charge
satisfied

BARCLAYS BANK LTD

Created 06/03/1980Registered 18/03/1980Satisfied 15/11/2016

CompanyRankvs 73+ SIC 25620 peers
87

Financial strength93th percentile among SIC peers · 23/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.27× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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 31/12/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.5M

Current Liabilities

£396k

Fixed Assets

£469k

Debtors

£492k

27avg. employees

Tax at Year End

Corp tax£107k

Balance Sheet

Assets less current liabilities£2.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20246.27+£168k
20234.46+£192k
20224.02+£187k
20215.33+£152k
20205.61-£104k
20195.46+£40k
20186.00

Derived from filed accounts. Not audited figures.