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Farsight Software Ltd

08393428

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 07/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Thomas Scott Crowder

director · Since 07/02/2013

SOFTWARE ENGINEER

UNITED KINGDOM · ENGLAND · Age 59

Mrs Wendy Boman Crowder

director · Since 07/02/2013

COMPANY DIRECTOR

AMERICAN · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Thomas Scott Crowder

50–75% shares
Appoint directors

United Kingdom · England · Age 59

20-22, Wenlock Road, London, N1 7GU

Notified 07/02/2017

CompanyRankvs 54815+ SIC 62020 peers
46

Financial strength42th percentile among SIC peers · 11/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength11/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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.

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

2avg. employees

Tax at Year End

Corp tax£18k

Director Loans

Directors owe company£2k

Balance Sheet

Assets less current liabilities£625
Signed by Mr Thomas Crowder 17 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.94
20240.87
20230.87
20221.01
20211.04
20201.06
20191.06

Derived from filed accounts. Not audited figures.