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Friarn Engineering Limited

06169979

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

78 FRIARN STREET, BRIDGWATER, TA6 3LJ
Incorporated 19/03/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Darren Edwards

director · Since 19/03/2007

CIVIL ENGINEER

BRITISH · UNITED KINGDOM · Age 54

Also on 3 other boards

Mrs Elizabeth Edwards

director · Since 19/03/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Persons with Significant Control

Mr Darren Edwards

75–100% shares

British · United Kingdom · Age 54

78, Friarn Street, Bridgwater, TA6 3LJ

Notified 06/04/2016

CompanyRankvs 6535+ SIC 71129 peers
68

Financial strength46th percentile among SIC peers · 12/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.83× · 16/20
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 strength12/25 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.

Liquidity16/20 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 31/03/2025

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£54k

Current Liabilities

£30k

Fixed Assets

£500

2avg. employees

Tax at Year End(2020)

Corp tax£14k

Balance Sheet

Assets less current liabilities£25k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.83+£44k
20240.05-£10k
20230.27-£1k
20220.91
20214.24
20202.14+£9k
20191.65

Derived from filed accounts. Not audited figures.