Facet Technology Limited
02291017
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 09/02/2026
Due 23/02/2027
Industry
Officers
director · Since 09/02/1991
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 68
Also on 2 other boards
director · Since 09/02/1991
COMPANY SECRETARY
BRITISH · Age 66
Also on 5 other boards
Persons with Significant Control
Mr Christopher William Siddall
British · United Kingdom · Age 68
56, Park Lane, Colchester, CO6 2RH
Notified 28/04/2016
CompanyRankvs 4932+ SIC 72190 peers43
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
-£3k
Balance sheet strength
Cash
£31k
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£31k
Current Liabilities
£34k
Debtors
£24
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.92 | -£1k |
| 2023 | 0.95 | -£424 |
| 2022 | 0.97 | — |
| 2021 | 1.00 | — |
| 2020 | 1.01 | — |
| 2019 | 1.13 | +£7k |
Derived from filed accounts. Not audited figures.