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Fairburn Developments Limited

03961120

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

507 THORNTON ROAD, BRADFORD, BD8 9RB
Incorporated 30/03/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Fiona Marie Thornes

secretary · Since 06/06/2000

BRITISH

Mr David Graham Spencer Thornes

director · Since 27/03/2003

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Persons with Significant Control

Mr David Graham Spencer Thornes

50–75% shares
50–75% votes
Appoint directors

British · England · Age 74

Knapley Ing Cottage, Otley Road, Bingley, BD16 3BH

Notified 12/10/2016

Mrs Fiona Marie Thornes

25–50% shares
25–50% votes

British · United Kingdom · Age 53

507, Thornton Road, Bradford, BD8 9RB

Notified 13/10/2016

Charges3 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 10/02/2004Registered 12/02/2004
charge
outstanding

BARCLAYS BANK PLC

Created 10/01/2001Registered 11/01/2001
charge
outstanding

BARCLAYS BANK PLC

Created 14/08/2000Registered 22/08/2000

CompanyRankvs 30932+ SIC 68100 peers
50

Financial strength99th percentile among SIC peers · 25/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.15× · 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 strength25/25 pts

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

Employees3/15 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 31/03/2025

Net Worth

£4.1M

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£583k

Working capital

Current Assets

£100k

Current Liabilities

£683k

Fixed Assets

£5.9M

Debtors

£78k

0avg. employees-2

Tax at Year End

Corp tax£19k

Balance Sheet

Assets less current liabilities£5.3M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.15+£242k
20240.16+£327k
20230.53—

Derived from filed accounts. Not audited figures.