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Fairhaven Electronics Limited

02827381

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

39 SOUTH AVENUE, DERBY, DE21 7FT
Incorporated 15/06/1993

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/05/2026

Due 20/05/2027

On track

Industry

26120
Manufacture of loaded electronic boards

Officers

Mr Clive Charles Buxton

director · Since 15/06/1993

ELECTRONIC ENGINEER

BRITISH · ENGLAND · Age 66

Also on 1 other board

Lorraine Strong

secretary · Since 05/12/2003

BRITISH · Age 63

Persons with Significant Control

Mr Clive Charles Buxton

75–100% shares
Appoint directors

British · England · Age 66

39, South Avenue, Derby, DE21 7FT

Notified 01/05/2017

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/11/1998Registered 10/11/1998

CompanyRankvs 296+ SIC 26120 peers
29

Financial strength6th percentile among SIC peers · 2/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.42× · 2/20
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 strength2/25 pts

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

Employees5/15 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 31/12/2024

Net Worth

-£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£10k

Current Liabilities

£25k

Fixed Assets

£591

1avg. employees

Tax at Year End(2020)

Corp tax£2k
VAT£304

Director Loans(2020)

Company owes directors£3k

Balance Sheet

Assets less current liabilities-£14k
Signed by Mr C Buxton 22 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.42-£3k
20230.62
20215.71
20202.41-£3k£6k
20191.52+£10k£6k
2018-1.53-£8k
20170.75

Derived from filed accounts. Not audited figures.