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Farrell Software Associates Limited

03075558

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

OSSINGTON CHAMBERS 6-8, NEWARK, NG24 1AX
Incorporated 04/07/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Simon Farrell Bsc(Hons)

director · Since 04/07/1995

SYSTEMS ANALYST& CONSULTANT

BRITISH · ENGLAND · Age 56

Mrs Annabel Farrell

secretary · Since 30/09/1996

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Mrs Annabel Farrell

director · Since 06/04/2004

SECRETARY

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Persons with Significant Control

Mr Simon Farrell

25–50% shares
25–50% votes

British · England · Age 56

Shelton Hall, Shelton, Newark, NG23 5JQ

Notified 04/07/2016

Mrs Annabel Farrell

25–50% shares
25–50% votes

British · England · Age 53

Shelton Hall, Shelton, Newark, NG23 5JQ

Notified 04/07/2016

CompanyRankvs 4992+ SIC 62020 peers
80

Financial strength76th percentile among SIC peers · 19/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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4992Farrell Software Associates Limited
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How is this score calculated?
Financial strength19/25 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.

Liquidity20/20 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.

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

Key FinancialsYear ending 05/04/2025

Net Worth

£37k

Balance sheet strength

Cash

£45k

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

£63k

Current Liabilities

£29k

Fixed Assets

£5k

Debtors

£18k

2avg. employees-1

Tax at Year End

Corp tax£21k

Balance Sheet

Assets less current liabilities£39k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.17+£3k
20241.70+£18k
20231.31—

Derived from filed accounts. Not audited figures.