Farringtons Saddle Co. Ltd.
03944641
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael David Bailey
British · England · Age 69
Flat 6, Terryfield Court, Walsall, WS4 2HT
Notified 06/04/2016
Former PSCs
Mrs Katherine Jane Bailey
Ceased 10/03/2020
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 138+ SIC 15120 peers57
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
£5k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£5k
Working capital
Current Assets
£59k
Current Liabilities
£54k
Fixed Assets
£0
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.09 | -£73k |
| 2024 | 2.54 | +£73k |
| 2023 | 1.92 | +£0 |
| 2022 | 2.07 | +£0 |
| 2021 | 2.21 | +£0 |
| 2020 | 1.71 | +£0 |
| 2019 | 1.56 | +£0 |
| 2018 | 1.40 | — |
Derived from filed accounts. Not audited figures.