Far-Uk Ltd
08129741
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/09/2024
total exemption full
Next accounts due
30/06/2026
Confirmation statement
Last: 07/04/2026
Due 21/04/2027
Industry
Officers
director · Since 25/09/2025
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
director · Since 25/09/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 50
Persons with Significant Control
Millstream Capital Ltd
6, Court Road, Worcester, WR8 9LP
Notified 25/09/2025
Former PSCs
Mr Lyndon Mark Sanders
Ceased 25/09/2025
Dr Kevin Albert Lindsey
Ceased 25/09/2025
Mr Christopher John Taylor
Ceased 25/09/2025
Charges1 outstanding
INNOVATE UK LOANS LIMITED
BIRMINGHAM CITY COUNCIL
CompanyRankvs 927+ SIC 29320 peers40
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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.
Risk deductions
Outstanding charges: -10 pts
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
-£368k
Balance sheet strength
Cash
£23k
Cash in the bank
Net Current Assets
-£184k
Working capital
Current Assets
£581k
Current Liabilities
£765k
Fixed Assets
£390k
Debtors
£538k
Tax at Year End(2018)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.76 | -£563k |
| 2023 | 1.88 | -£129k |
| 2022 | 3.24 | +£147k |
| 2021 | 2.29 | +£15k |
| 2020 | 1.60 | -£193k |
| 2019 | 1.28 | +£31k |
| 2018 | 1.21 | — |
Derived from filed accounts. Not audited figures.