Farsight Software Ltd
08393428
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/02/2013
SOFTWARE ENGINEER
UNITED KINGDOM · ENGLAND · Age 59
director · Since 07/02/2013
COMPANY DIRECTOR
AMERICAN · UNITED KINGDOM · Age 57
Persons with Significant Control
Mr Thomas Scott Crowder
United Kingdom · England · Age 59
20-22, Wenlock Road, London, N1 7GU
Notified 07/02/2017
CompanyRankvs 54815+ SIC 62020 peers46
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
historical cost convention and in accordance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland - Small Entities and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 28/02/2025
Net Worth
£625
Balance sheet strength
Cash
£472
Cash in the bank
Net Current Assets
-£1k
Working capital
Current Assets
£20k
Current Liabilities
£21k
Fixed Assets
£2k
Debtors
£20k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.94 |
| 2024 | 0.87 |
| 2023 | 0.87 |
| 2022 | 1.01 |
| 2021 | 1.04 |
| 2020 | 1.06 |
| 2019 | 1.06 |
Derived from filed accounts. Not audited figures.