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Far Afield Ltd

08090708

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT E3 & E4 EASTSIDE BUSINESS PARK, NEWHAVEN, BN9 0FB
Incorporated 31/05/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14131
Manufacture of men's outerwear
47710
Retail sale of clothing in specialised stores

Officers

Mr Thomas Anthony Wands

director · Since 31/05/2012

DIRECTOR

BRITISH · ENGLAND · Age 69

Mr Christopher John Scholes

director · Since 05/12/2013

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mr Mark James Scholes

director · Since 15/12/2013

CREATIVE DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Hayley Evans

director · Since 15/12/2022

SOURCING DIRECTOR

BRITISH · PORTUGAL · Age 42

Persons with Significant Control

Mr Thomas Anthony Wands

25–50% shares
25–50% votes

British · England · Age 69

Unit E3 & E4, Eastside Business Park, Newhaven, BN9 0FB

Notified 12/10/2020

Mr Mark James Scholes

25–50% shares
25–50% votes

British · England · Age 46

Unit E3 & E4, Eastside Business Park, Newhaven, BN9 0FB

Notified 12/10/2020

Former PSCs

Mr Mark James Scholes

Ceased 12/10/2020

Tradewinds Llc

Ceased 27/11/2017

Mr Anthony Wands

Ceased 30/10/2019

Mark Scholes

Ceased 25/03/2026

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 11/06/2020Registered 17/06/2020Satisfied 03/03/2023

CompanyRankvs 227+ SIC 14131 peers
62

Financial strength1th percentile among SIC peers · 0/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.55× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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227Far Afield Ltd
62
How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 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.

Longevity14/15 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 30/09/2024

Net Worth

-£369k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£835k

Working capital

Current Assets

£1.1M

Current Liabilities

£235k

Fixed Assets

£9k

Debtors

£236k

4avg. employees

Balance Sheet

Assets less current liabilities£844k
Signed by 08090708 2023-10-01 2024-09-30 08090708 2024-09-30 08090708 bus:OrdinaryShareClass1 2024-09-30 08090708 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20244.55+£112k
20237.66-£433k
202216.82+£88k
202119.15+£160k
20203.43+£113k
20196.34—

Derived from filed accounts. Not audited figures.