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Farrell Engineering Limited

01723966

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

56 PAINES LANE, PINNER, HA5 3BT
Incorporated 17/05/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46140
Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Officers

Dr Pushpinder Chowdhry

secretary · Since 31/10/1991

BRITISH · ENGLAND · Age 75

Also on 4 other boards

Mr Chanchal Singh Chowdhry

director · Since 31/10/1991

CHARTERED ENGINEER

BRITISH · ENGLAND · Age 79

Also on 7 other boards

Mr Heteash Singh Chowdhry Llb Llm Sloicitor

director · Since 01/04/2008

MANAGER

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Heteash Singh Chowdhry

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 43

101, New Cavendish Street, London, W1W 6XH

Notified 30/06/2016

Former PSCs

Mr Chanchal Singh Chowdhry

Ceased 13/12/2025

Pushpinder Chowdhry

Ceased 13/12/2025

Mr Chanchal Singh Chowdhry

Ceased 19/07/2016

Charges1 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 13/01/2016Registered 13/01/2016Satisfied 04/09/2023
Charge
satisfied

LLOYDS BANK PLC

Created 14/08/2015Registered 20/08/2015Satisfied 04/09/2023
Charge
satisfied

LLOYDS BANK PLC

Created 01/08/2014Registered 05/08/2014Satisfied 15/01/2024
Charge
satisfied

LLOYDS TSB BANK PLC

Created 26/02/2014Registered 13/03/2014Satisfied 04/09/2023
charge
outstanding

HSBC BANK PLC

Created 24/05/2011Registered 26/05/2011
charge
satisfied

HSBC BANK PLC

Created 04/05/2011Registered 05/05/2011Satisfied 06/02/2014
charge
satisfied

BARCLAYS BANK PLC

Created 26/11/2010Registered 02/12/2010Satisfied 17/07/2012
charge
satisfied

BARCLAYS BANK PLC

Created 30/06/1999Registered 09/07/1999Satisfied 17/07/2012
charge
satisfied

BARCLAYS BANK PLC

Created 12/02/1998Registered 23/02/1998Satisfied 17/07/2012
charge
satisfied

BARCLAYS BANK PLC

Created 07/02/1997Registered 14/02/1997Satisfied 17/07/2012
charge
satisfied

BARCLAYS BANK PLC

Created 08/03/1994Registered 22/03/1994Satisfied 17/07/2012
charge
satisfied

BARCLAYS BANK PLC

Created 23/07/1992Registered 07/08/1992Satisfied 17/07/2012
charge
satisfied

BARCLAYS BANK PLC

Created 12/05/1989Registered 24/05/1989Satisfied 17/07/2012

CompanyRankvs 12770+ SIC 46140 peers
56

Financial strength90th percentile among SIC peers · 23/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1277Farrell Engineering Limited
66
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.

Employees11/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

£865k

Balance sheet strength

Cash

£175k

Cash in the bank

Net Current Assets

-£205k

Working capital

Current Assets

£175k

Current Liabilities

£380k

Fixed Assets

£1.1M

3avg. employees

Tax at Year End

Corp tax£27k

People Costs

NI contributions£217

Balance Sheet

Assets less current liabilities£865k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46+£46k
20240.45-£24k
20230.92+£70k
20221.64+£15k
20211.64-£8k
20201.64-£24k
20191.83—

Derived from filed accounts. Not audited figures.