Faraday Development Limited
05163463
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
28/12/2025
unaudited abridged
Next accounts due
28/09/2027
Confirmation statement
Last: 17/11/2025
Due 01/12/2026
Industry
Officers
director · Since 21/02/2025
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 8 other boards
Persons with Significant Control
Newbury Gateway Limited
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
OAKNORTH BANK PLC AS SECURITY TRUSTEE ON BEHALF OF THE SECURED PARTIES
BRIDGECO LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 6300+ SIC 41100 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.36 | +£1.8M |
| 2024 | 0.96 | +£418k |
| 2023 | 1.04 | — |
Derived from filed accounts. Not audited figures.