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Faraday House Functions Limited

09100444

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

FARADAY HOUSE, GRANTHAM, NG31 8BL
Incorporated 24/06/2014

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/06/2025

Due 08/07/2026

On track

Industry

56301
Licensed clubs

Officers

Mr Michael John Argyle

director · Since 24/06/2014

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 64

Also on 58 other boards

Mr Keith Corner

director · Since 28/04/2021

RETIRED ENGINEER

BRITISH · ENGLAND · Age 70

Also on 1 other board

Mr Andrew Muir Watson

director · Since 03/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 79

Mr Lynn Peregrine Thomas

director · Since 29/08/2025

RETIRED ENGINEER

BRITISH · ENGLAND · Age 84

Also on 5 other boards

Persons with Significant Control

Mr Andrew Muir Watson

75–100% votes

British · England · Age 79

Faraday House, 4 Chambers Street, Grantham, NG31 8BL

Notified 03/07/2023

Former PSCs

Mr Trevor John Johnston

Ceased 03/07/2023

CompanyRankvs 9120+ SIC 56301 peers
51

Financial strength29th percentile among SIC peers · 7/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength7/25 pts

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

Employees5/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£561

Cash in the bank

Net Current Assets

£1

Working capital

Current Assets

£1k

Current Liabilities

£1k

Debtors

£796

1avg. employees+1

Tax at Year End(2020)

Dividends paid£2k

Balance Sheet

Assets less current liabilities£1
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00
20232.57+£96
20223.60
20211.00
20201.00+£0
2019-£2k

Derived from filed accounts. Not audited figures.