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Farrars Limited

06630806

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 1 RECTORY PLACE, LOUGHBOROUGH, LE12 5SG
Incorporated 26/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69203
Tax consultancy

Officers

Mr Timothy Edgar Farrar

director · Since 26/06/2008

CHARTERED ACCOUNTANT

ENGLISH · ENGLAND · Age 53

Also on 3 other boards

Mrs Kathryn Elena Farrar

director · Since 01/04/2014

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mrs Kathryn Elena Farrar

25–50% shares

British · England · Age 50

Unit 1, Rectory Place, Loughborough, LE12 5SG

Notified 06/04/2016

Mr Timothy Edgar Farrar

25–50% shares

English · England · Age 53

Unit 1, Rectory Place, Loughborough, LE12 5SG

Notified 06/04/2016

CompanyRankvs 8612+ SIC 69201 peers
69

Financial strength63th percentile among SIC peers · 16/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.13× · 12/20
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 strength16/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/12/2024

Net Worth

£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£23k

Current Liabilities

£21k

Fixed Assets

£3k

3avg. employees-2

Balance Sheet

Assets less current liabilities£13k
Signed by 06630806 2024-01-01 2024-12-31 06630806 2024-12-31 06630806 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.13+£12k
20230.80-£23k
20211.34

Derived from filed accounts. Not audited figures.