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Fart Ltd

05896118

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

24 VERNON ROAD, BRIDLINGTON, YO15 2HE
Incorporated 03/08/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities
74300
Translation and interpretation activities

Officers

Mr Matthew Fudge

director · Since 03/08/2006

ANALYST

BRITISH · ENGLAND · Age 43

Mr Thomas William Fudge

director · Since 28/12/2011

TRANSLATIONS

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Matthew Fudge

25–50% shares

British · England · Age 43

24, Vernon Road, Bridlington, YO15 2HE

Notified 03/08/2016

Mr Thomas Fudge

25–50% shares

British · England · Age 40

24, Vernon Road, Bridlington, YO15 2HE

Notified 01/10/2021

CompanyRankvs 769+ SIC 71122 peers
81

Financial strength85th percentile among SIC peers · 21/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.17× · 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 strength21/25 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.

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

£76k

Balance sheet strength

Cash

£94k

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£111k

Current Liabilities

£35k

Fixed Assets

£134

Debtors

£17k

2avg. employees

Balance Sheet

Assets less current liabilities£76k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.17+£17k
20231.29

Derived from filed accounts. Not audited figures.