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Faraday Development Limited

05163463

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 11 INTERFACE BUSINESS PARK BINCKNOLL LANE, SWINDON, SN4 8SY
Incorporated 25/06/2004

Compliance

Last accounts

28/12/2025

unaudited abridged

Next accounts due

28/09/2027

On track

Confirmation statement

Last: 17/11/2025

Due 01/12/2026

On track

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr David Paul Grant

director · Since 21/02/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 8 other boards

Mr Stephen George Abbley

director · Since 21/10/2025

CHAIRMAN

BRITISH · ENGLAND · Age 69

Persons with Significant Control

Newbury Gateway Limited

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

15 Interface Business Park, Bincknoll Lane, Swindon, SN4 8SY

Reg: 16000716 · Companies House · Limited Company

Notified 25/02/2025

Former PSCs

Mr Duncan Timothy Crook

Ceased 21/02/2025

Mr David Paul Grant

Ceased 25/02/2025

Charges1 outstanding

Charge
outstanding

OAKNORTH BANK PLC AS SECURITY TRUSTEE ON BEHALF OF THE SECURED PARTIES

Created 15/04/2025Registered 17/04/2025
Charge
satisfied

BRIDGECO LIMITED

Created 26/03/2021Registered 31/03/2021Satisfied 24/04/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/12/2007Registered 28/12/2007Satisfied 24/04/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/02/2005Registered 18/02/2005Satisfied 24/04/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/01/2005Registered 03/02/2005Satisfied 24/04/2025

CompanyRankvs 6300+ SIC 41100 peers
66

Financial strength95th percentile among SIC peers · 24/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.36× · 12/20
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.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 28/12/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£5.9M

Current Liabilities

£4.3M

Fixed Assets

£0

Debtors

£4k

2avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.6M
Signed by 2024-12-29Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.36+£1.8M
20240.96+£418k
20231.04—

Derived from filed accounts. Not audited figures.