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W Farthing & Sons Limited

04589559

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

7 - 8 BRITANNIA BUSINESS PARK, SOUTHEND ON SEA, SS2 6GE
Incorporated 13/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mrs Julie Irene Hillis

director · Since 13/11/2002

STEEL FABRICATORS

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Stephen James Hillis

director · Since 13/11/2002

STEEL FABRICATORS

BRITISH · ENGLAND · Age 58

Mrs Julie Irene Hillis

secretary · Since 20/10/2010

Also on 1 other board

Persons with Significant Control

Mr Stephen James Hillis

75–100% shares
75–100% votes
Appoint directors

British · England · Age 58

7 - 8 Britannia Business Park, Comet Way, Southend On Sea, SS2 6GE

Notified 06/04/2016

Mrs Julie Irene Hillis

75–100% shares
75–100% votes
Appoint directors

British · England · Age 57

7 - 8 Britannia Business Park, Comet Way, Southend On Sea, SS2 6GE

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/06/2003Registered 26/06/2003

CompanyRankvs 558+ SIC 25110 peers
68

Financial strength72th percentile among SIC peers · 18/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.99× · 20/20
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 strength18/25 pts

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

Employees10/15 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.

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 31/12/2024

Net Worth

£246k

Balance sheet strength

Cash

£152k

Cash in the bank

Net Current Assets

£119k

Working capital

Current Assets

£159k

Current Liabilities

£40k

Fixed Assets

£133k

Debtors

£3k

6avg. employees

Tax at Year End

Corp tax£3k

Balance Sheet

Intangible assets£0
Assets less current liabilities£252k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.99+£7k
20234.24+£2k
20223.70+£12k
20213.32

Derived from filed accounts. Not audited figures.