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Faros Engineering Ltd.

03538009

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

LOOK HOUSE ALDON ROAD, POULTON LE FYLDE, FY6 8JL
Incorporated 31/03/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mrs Kirsty Leach

secretary · Since 24/05/2022

Mrs Fiona Marie Osborne

director · Since 24/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr Andrew Tabernacle

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

British · United Kingdom · Age 62

Bishops Chartered Accountants, Phoenix Park, Blackburn, BB1 5BG

Notified 07/12/2016

Mrs Fiona Marie Osborne

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

British · United Kingdom · Age 60

Look House, Aldon Road, Poulton-Le-Fylde, FY6 8JL

Notified 07/12/2016

Former PSCs

Mrs Fiona Marie Green

Ceased 03/05/2018

Peter Green Trust Fund

Ceased 03/05/2018

CompanyRankvs 2353+ SIC 82990 peers
87

Financial strength92th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.32× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2353Faros Engineering Ltd.
87
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.

Employees14/15 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 31/03/2026

Net Worth

£401k

Balance sheet strength

Cash

£290k

Cash in the bank

Net Current Assets

£392k

Working capital

Current Assets

£465k

Current Liabilities

£74k

Fixed Assets

£12k

Debtors

£152k

8avg. employees+1

Tax at Year End(2025)

Corp tax£20k

Balance Sheet

Assets less current liabilities£403k
Signed by Mrs F Osborne 01/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20266.32+£23k
20255.73+£30k
20243.70+£92k
20234.24—

Derived from filed accounts. Not audited figures.