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Farsan Ltd

03564815

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

7 ASH STREET, LEICESTERSHIRE, LE5 0DA
Incorporated 15/05/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Mrs Kashmira Patel

secretary · Since 19/05/1998

BRITISH · ENGLAND · Age 65

Also on 7 other boards

Mr Naineshkumar Patel Obe

director · Since 19/05/1998

MARKETING MANAGER

BRITISH · UNITED KINGDOM · Age 68

Mr Nikesh Nainesh Patel

director · Since 12/01/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mr Nikul Nainesh Patel

director · Since 12/01/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Mrs Kashmira Patel

director · Since 15/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 7 other boards

Persons with Significant Control

Mr Nikesh Nainesh Patel

25–50% shares
25–50% votes

British · England · Age 38

7 Ash Street, Leicestershire, LE5 0DA

Notified 01/11/2023

Mr Nikul Nainesh Patel

25–50% shares
25–50% votes

British · England · Age 40

7 Ash Street, Leicestershire, LE5 0DA

Notified 01/11/2023

Former PSCs

Mr Naineshkumar Patel

Ceased 01/10/2024

Charges4 outstanding

A registered charge
outstanding

PRIME 5 FINANCE LTD

Created 24/06/2026Registered 30/06/2026
Charge
outstanding

BANK OF INDIA

Created 18/05/2018Registered 01/06/2018
Charge
outstanding

BANK OF INDIA

Created 18/05/2018Registered 22/05/2018
charge
outstanding

BANK OF INDIA

Created 23/06/2003Registered 09/07/2003

CompanyRankvs 520+ SIC 10890 peers
64

Financial strength95th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.94× · 6/20
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 strength24/25 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.

Liquidity6/20 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 30/09/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.1M

Fixed Assets

£1.5M

Debtors

£434k

28avg. employees-2

Balance Sheet

Bank loans & overdrafts£43k
Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.94+£85k
20240.90+£232k
20231.00

Derived from filed accounts. Not audited figures.