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Farrer Designs Limited

01549750

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

14 SEAFORTH AVENUE, SURREY, KT3 6JP
Incorporated 10/03/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
24510
Casting of iron
43220
Plumbing, heat and air-conditioning installation
43290
Other construction installation

Officers

Mr Darren John Hoare

director · Since 08/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Darren John Hoare

75–100% shares
75–100% votes

British · England · Age 56

14 Seaforth Avenue, New Malden, KT3 6JP

Notified 08/10/2020

Former PSCs

John Thomas Hoare

Ceased 08/10/2020

Keith Fowler

Ceased 19/09/2024

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 08/08/2025Registered 11/08/2025

CompanyRankvs 74+ SIC 24200 peers
72

Financial strength86th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.68× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity16/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£639k

Balance sheet strength

Cash

£523k

Cash in the bank

Net Current Assets

£570k

Working capital

Current Assets

£1.4M

Current Liabilities

£838k

Fixed Assets

£95k

Debtors

£873k

28avg. employees

Tax at Year End

Corp tax£279k

Director Loans

Company owes directors£3k

Balance Sheet

Assets less current liabilities£665k
Signed by Mr Darren Hoare 04/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.68-£224k
20242.45+£274k
20231.90+£64k£183k
20221.75+£136k
20211.63-£160k
20202.95+£9k
20192.31+£39k
20182.21+£61k
20172.15

Derived from filed accounts. Not audited figures.