Fara Enterprises Limited
02697467
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 20/09/2025
Due 04/10/2026
Industry
Officers
director · Since 01/04/2010
FINANCE DIRCETOR
IRISH · ENGLAND · Age 61
Also on 1 other board
director · Since 14/04/2016
NURSE
BRITISH · ENGLAND · Age 54
Also on 1 other board
director · Since 19/06/2017
TEACHER & FASHION BUSINESS CONSULTANT
BRITISH · ENGLAND · Age 54
Also on 2 other boards
director · Since 08/07/2024
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 54
Also on 2 other boards
director · Since 08/07/2024
CHIEF EXECUTIVE OFFICER
NEW ZEALANDER · ENGLAND · Age 43
Persons with Significant Control
Fara Foundation Limited
51, High Street, Walsingham, NR22 6BZ
Reg: 07432706 · England & Wales · Limited By Guarantee
Notified 06/04/2016
Charges2 outstanding
ANDREW JAMES FINCH DAWSON AND CHRISTOPHER WILLIAM FINCH DAWSON
MRS. JANE ROSE NICHOLSON, GUY ANTHONY MCNEILL ORMISTON, MRS. SUSAN MARGARETBUXTON AND MICHAELWI
CompanyRankvs 346+ SIC 47799 peers58
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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
£10.9M
Annual revenue
Net Worth
£15k
Balance sheet strength
Cash
£82k
Cash in the bank
Net Current Assets
£204k
Working capital
Current Assets
£605k
Current Liabilities
£402k
Fixed Assets
£198k
Debtors
£523k
Cost of Sales
£7.0M
Gross Profit
£3.9M
Admin Expenses
£2.3M
Operating Profit
£1.7M
Director Loans(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.51 | +£10k |
| 2019 | 0.63 | — |
Derived from filed accounts. Not audited figures.