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Favis Of Salcombe Limited

08940737

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

SIGMA HOUSE OAK VIEW CLOSE, TORQUAY, TQ2 7FF
Incorporated 14/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

03110
Marine fishing

Officers

Kevin Favis

director · Since 14/03/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Nigel Favis

director · Since 14/03/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Samual William Thomas Favis

director · Since 23/03/2026

BRITISH · UNITED KINGDOM · Age 28

Laura Christine Hamilton

director · Since 23/03/2026

BRITISH · UNITED KINGDOM · Age 32

Persons with Significant Control

Kevin Favis

25–50% votes

British · United Kingdom · Age 58

Sigma House, Oak View Close, Torquay, TQ2 7FF

Notified 06/04/2016

Nigel Favis

25–50% votes

British · United Kingdom · Age 60

Sigma House, Oak View Close, Torquay, TQ2 7FF

Notified 06/04/2016

Mr William Favis

75–100% shares

British · United Kingdom · Age 80

Sigma House, Oak View Close, Torquay, TQ2 7FF

Notified 22/01/2018

Mrs Valerie Favis

75–100% shares

British · United Kingdom · Age 81

Sigma House, Oak View Close, Torquay, TQ2 7FF

Notified 22/01/2018

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 23/05/2014Registered 28/05/2014

CompanyRankvs 196+ SIC 03110 peers
54

Financial strength86th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
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 strength22/25 pts

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

Employees15/15 pts

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

Liquidity0/20 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 31/03/2025

Net Worth

£407k

Balance sheet strength

Cash

£148k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£203k

Fixed Assets

£478k

Debtors

£123k

12avg. employees+2

Tax at Year End

Corp tax£5k

Director Loans

Directors owe company£18k

Balance Sheet

Intangible assets£96k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£128k
2024+£65k
2023-£154k
2022-£105k
20211.48

Derived from filed accounts. Not audited figures.