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Farnreal Limited

05516891

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

12 NORTH BAR, BANBURY, OX16 0TB
Incorporated 25/07/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Answerbuy Limited

secretary · Since 25/07/2005

BRITISH

Also on 195 other boards

Mr Moonpal Singh Grewal

director · Since 20/09/2005

CO DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 16 other boards

Mr Charnjit Singh Grewal

director · Since 30/08/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Persons with Significant Control

Mr Charnjit Singh Grewal

25–50% shares
25–50% votes

British · England · Age 68

12, North Bar, Banbury, OX16 0TB

Notified 06/04/2016

Alpha Realty Limited

25–50% shares
25–50% votes

12, North Bar, Banbury, OX16 0TB

Reg: 02824417 · United Kingdom Company Registers · Limited Company

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 02/11/2005Registered 04/11/2005Satisfied 08/02/2021

CompanyRankvs 277250+ SIC 68100 peers
68

Financial strength94th percentile among SIC peers · 24/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.27× · 2/20
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 strength24/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

£633k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£272k

Working capital

Current Assets

£103k

Current Liabilities

£374k

Fixed Assets

£917k

2avg. employees

Balance Sheet

Assets less current liabilities£646k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.27+£17k
20230.22+£24k
20220.15+£51k
20210.14

Derived from filed accounts. Not audited figures.