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Faraday Heating Limited

05144487

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 6 PARK COURT DEVONSHIRE ROAD, HONITON, EX14 1SW
Incorporated 03/06/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Graham Richard Terry

secretary · Since 09/01/2009

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 7 other boards

Mr Graham Richard Terry

director · Since 09/01/2009

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 7 other boards

Mrs Nichola Jane Kinloch Terry Phd

director · Since 09/01/2009

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Persons with Significant Control

Mr Graham Richard Terry

25–50% shares
25–50% votes

British · England · Age 65

Unit 6 Park Court, Devonshire Road, Honiton, EX14 1SW

Notified 06/04/2016

Mrs Nichola Jane Kinloch Terry

25–50% shares
25–50% votes

British · England · Age 66

Unit 6 Park Court, Devonshire Road, Honiton, EX14 1SW

Notified 06/04/2016

CompanyRankvs 808+ SIC 47789 peers
81

Financial strength79th percentile among SIC peers · 20/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.92× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees11/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£91k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£91k

Working capital

Current Assets

£122k

Current Liabilities

£42k

Fixed Assets

£2k

4avg. employees

Balance Sheet

Assets less current liabilities£93k
Signed by 05144487 2024-07-01 2025-06-30 05144487 2025-06-30 05144487 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.92+£0
20252.92-£913
20243.18-£12k
20232.92+£17k
20222.21+£6k
20212.26-£5k
20202.73+£2k
20192.14+£12k
20182.24

Derived from filed accounts. Not audited figures.