Favell Contracts Ltd
07042273
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 01/12/2009
director · Since 01/11/2015
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 42
Also on 1 other board
Persons with Significant Control
Mr Satvinder Singh Parhar
British · United Kingdom · Age 42
Unit 1, 40 Blackthorn Road, Northampton, NN3 8PT
Notified 03/10/2016
Former PSCs
Mrs Sharenpreet Kaur Parhar
Ceased 12/05/2020
Mr Phalvinder Singh Parhar
Ceased 01/08/2018
CompanyRankvs 191+ SIC 82110 peers84
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£17k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£33k
Working capital
Current Assets
£35k
Current Liabilities
£2k
Fixed Assets
£33k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 17.50 | +£4k |
| 2023 | 17.82 | +£959 |
| 2022 | 21.04 | +£6k |
| 2021 | 26.56 | +£3k |
| 2020 | 20.69 | -£17k |
| 2019 | 2.57 | +£13k |
| 2018 | 3.85 | — |
Derived from filed accounts. Not audited figures.