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Farscope Limited

04981960

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

555-557 CRANBROOK ROAD, GANTS HILL, ILFORD, ESSEX,, ILFORD, IG2 6HE
Incorporated 02/12/2003

Compliance

Last accounts

31/12/2023

micro entity

Next accounts due

23/03/2026

Overdue

Confirmation statement

Last: 02/12/2025

Due 16/12/2026

On track

Industry

56302
Public houses and bars

Officers

Mr Amandeep Purewal

secretary · Since 16/09/2008

OTHER · Age 50

Also on 4 other boards

Mr Amandeep Singh Purewal

director · Since 01/06/2023

SELF EMPLOYED

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Mr Sachin Singh Purewal

director · Since 01/06/2023

PROPERTY MANAGEMENT

BRITISH · ENGLAND · Age 26

Also on 3 other boards

Mrs Narinder Kaur Purewal

director · Since 08/10/2024

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Persons with Significant Control

Mrs Narinder Kaur Purewal

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

British · United Kingdom · Age 58

91, Montague Road, Warwick, CV34 5LL

Notified 12/09/2024

Former PSCs

Mr Satwinder Singh Purewal

Ceased 12/09/2024

Charges5 outstanding

Charge
outstanding

MORESAND LIMITED

Created 08/04/2026Registered 29/04/2026
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/09/2008Registered 02/10/2008Satisfied 25/03/2026
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/09/2008Registered 12/09/2008
charge
outstanding

BARCLAYS BANK PLC

Created 10/09/2006Registered 19/09/2006
charge
outstanding

BARCLAYS BANK PLC

Created 14/12/2004Registered 18/12/2004
charge
outstanding

BARCLAYS BANK PLC

Created 25/02/2004Registered 12/03/2004

CompanyRankvs 5002+ SIC 56302 peers
51

Financial strength96th percentile among SIC peers · 24/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0× · 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 strength24/25 pts

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

Employees5/15 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 31/12/2023

Net Worth

£524k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£0

Current Liabilities

£394k

Fixed Assets

£1.1M

2avg. employees-4
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.00-£99k
20220.05-£36k
20210.27+£71k
20200.21+£17k
20190.17+£40k
20180.14

Derived from filed accounts. Not audited figures.