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Faraday Scientific Limited

07396196

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

STUDIO 21 SUM STUDIOS, SHEFFIELD, S2 3AQ
Incorporated 04/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation
26701
Manufacture of optical precision instruments
62020
Information technology consultancy activities
72190
Other research and experimental development on natural sciences and engineering

Officers

Dr David Samuel Payne

director · Since 15/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Dr Graham John Wilson

director · Since 15/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Dr David Samuel Payne

secretary · Since 03/04/2025

Also on 3 other boards

Persons with Significant Control

Dr David Samuel Payne

25–50% shares
25–50% votes

British · England · Age 53

Studio 21, Sum Studios, Sheffield, S2 3AQ

Notified 06/04/2016

Dr Graham John Wilson

25–50% shares
25–50% votes

British · England · Age 57

Studio 21, Sum Studios, Sheffield, S2 3AQ

Notified 06/04/2016

Former PSCs

Dr Robin Devonshire

Ceased 02/04/2026

CompanyRankvs 148+ SIC 26511 peers
81

Financial strength75th percentile among SIC peers · 19/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 10.95× · 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 strength19/25 pts

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

Employees12/15 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

£473k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£467k

Working capital

Current Assets

£503k

Current Liabilities

£46k

Fixed Assets

£7k

8avg. employees+2

Balance Sheet

Assets less current liabilities£474k
Signed by 07396196 2023-11-01 2024-10-31 07396196 2024-10-31 07396196 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202410.95+£31k
202318.21+£17k
202210.79+£52k
202110.39+£62k
20208.73+£34k
20196.31+£28k
20186.72

Derived from filed accounts. Not audited figures.