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Furness Property Solutions Limited

08860440

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

5 HENSON CLOSE, BISHOP AUCKLAND, DL14 6WA
Incorporated 24/01/2014

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 18/03/2026

Due 01/04/2027

On track

Industry

35110
Production of electricity

Officers

Mr Michael Thomas Furness

director · Since 24/01/2014

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Mr Michael Thomas Furness

75–100% shares

British · England · Age 57

5, Henson Close, Bishop Auckland, DL14 6WA

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 21/07/2016Registered 26/07/2016

CompanyRankvs 223+ SIC 35110 peers
70

Financial strength84th percentile among SIC peers · 21/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.24× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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.

Longevity12/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£321k

Balance sheet strength

Cash

£205k

Cash in the bank

Net Current Assets

£201k

Working capital

Current Assets

£248k

Current Liabilities

£47k

Fixed Assets

£164k

Debtors

£43k

2avg. employees

Tax at Year End

Corp tax£22k

Director Loans(2021)

Company owes directors£585

Balance Sheet

Assets less current liabilities£365k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20245.24+£27k
20232.36+£23k
20221.62+£164k
20221.04-£59k
20211.69-£43k
20202.57-£78k
20192.39

Derived from filed accounts. Not audited figures.