Faresync Limited
08210763
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 26/09/2025
Due 10/10/2026
Industry
Officers
director · Since 12/09/2012
IT ENGINEER
BRITISH · ENGLAND · Age 55
Also on 1 other board
director · Since 17/07/2025
DIRECTOR
BRITISH · ENGLAND · Age 79
Also on 1 other board
Persons with Significant Control
Mr Piers Pettman
British · England · Age 55
28, Somerset Crescent, Melksham, SN12 7LX
Notified 12/09/2016
CompanyRankvs 19200+ SIC 47990 peers41
Show leaderboard
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 31/03/2026
Net Worth
-£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£101k
Working capital
Current Assets
£209k
Current Liabilities
£311k
Fixed Assets
£93k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 0.67 | -£6k |
| 2025 | 0.99 | — |
| 2024 | 0.84 | — |
| 2023 | 1.70 | — |
Derived from filed accounts. Not audited figures.