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Farrmews Limited

06774574

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

KHAN THORNTON, 14-18 HERALDS WAY, CHELMSFORD, CM3 5TQ
Incorporated 16/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Kevin Farrow

director · Since 17/12/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Mr Luke Adam Kevin Farrow

director · Since 23/02/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 3 other boards

Persons with Significant Control

Farmec Solutions Limited

75–100% shares
75–100% votes

C/O Khan Thornton, 14-18, Heralds Way, Chelmsford, CM3 5TQ

Reg: 15203289 · Companies House · Private Limited Company

Notified 23/02/2024

Former PSCs

Mr Kevin Farrow

Ceased 23/02/2024

Mr Sara Jayne Farrow

Ceased 31/01/2022

CompanyRankvs 762+ SIC 70229 peers
89

Financial strength98th percentile among SIC peers · 25/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.39× · 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 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 31/10/2024

Net Worth

£892k

Balance sheet strength

Cash

£999k

Cash in the bank

Net Current Assets

£890k

Working capital

Current Assets

£1.3M

Current Liabilities

£373k

Fixed Assets

£18k

Debtors

£264k

3avg. employees

Tax at Year End

Corp tax£549k
VAT£109k

Director Loans

Company owes directors£4

Balance Sheet

Assets less current liabilities£909k
Signed by Mr Kevin Farrow 12/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.39+£711k£2.2M
20232.04+£41k£1.8M
20221.82+£29k
20211.41-£82k£2.1M
20203.31
20191.01
20181.02

Derived from filed accounts. Not audited figures.