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Faxton Limited

05319730

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 11 WATERSIDE INDUSTRIAL ESTATE, WOLVERHAMPTON, WV2 2RQ
Incorporated 22/12/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Rakesh Kumar Chahal

director · Since 22/12/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Persons with Significant Control

Mr Rakesh Kumar Chahal

75–100% shares
75–100% votes

British · England · Age 48

Unit 11 Waterside Industrial Estate, Ettingshall Road, Wolverhampton, WV2 2RQ

Notified 06/04/2016

CompanyRankvs 6218+ SIC 68209 peers
84

Financial strength99th percentile among SIC peers · 25/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.18× · 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 strength25/25 pts

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

Employees9/15 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 30/09/2024

Net Worth

£9.8M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7.2M

Working capital

Current Assets

£13.2M

Current Liabilities

£6.1M

Fixed Assets

£2.6M

1avg. employees

Balance Sheet

Assets less current liabilities£9.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.18+£293k
20232.12+£5.4M
20221.43+£423k
20211.69+£162k
2020440.50-£21k
2019129.44-£9k
201833.45

Derived from filed accounts. Not audited figures.