Back to search

Fareway Taxis Limited

06668834

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

5 RUSSELL WAY, CHELMSFORD, CM1 3AA
Incorporated 11/08/2008

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

05/01/2027

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

49320
Taxi operation

Officers

Mr Alan Richard Mitchell

director · Since 20/05/2009

TAXIS

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mrs Carly Barrett

director · Since 28/10/2024

MANAGER

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Alan Richard Mitchell

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 66

5, Russell Way, Chelmsford, CM1 3AA

Notified 06/04/2016

Former PSCs

Mr Andrew John Robinson

Ceased 22/06/2021

CompanyRankvs 75+ SIC 49320 peers
89

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.63× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees14/15 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 31/03/2025

Net Worth

£818k

Balance sheet strength

Cash

£333k

Cash in the bank

Net Current Assets

£465k

Working capital

Current Assets

£565k

Current Liabilities

£100k

Fixed Assets

£353k

Debtors

£232k

8avg. employees-1

Balance Sheet

Intangible assets£12k
Bank loans & overdrafts£16k
Assets less current liabilities£818k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20255.63+£93k
20243.62+£169k
20232.81+£203k
20222.18+£96k
20212.50-£18k
20203.08

Derived from filed accounts. Not audited figures.