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Fairisle Projects And Change Limited

09584378

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

15-17 MIDDLE STREET, BRIGHTON, BN1 1AL
Incorporated 11/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
70229
Management consultancy activities

Officers

John Willcox

director · Since 11/05/2015

BUSINESS ANALYST

BRITISH · ENGLAND · Age 60

Sarah Anne James Willcox

director · Since 11/05/2015

PROJECT MANAGER

BRITISH · ENGLAND · Age 58

Persons with Significant Control

John Willcox

25–50% shares

British · England · Age 60

15-17, Middle Street, Brighton, BN1 1AL

Notified 06/04/2016

Sarah Anne James Willcox

50–75% shares

British · England · Age 58

15-17, Middle Street, Brighton, BN1 1AL

Notified 06/04/2016

CompanyRankvs 76889+ SIC 62020 peers
30

Financial strength4th percentile among SIC peers · 1/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

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

Longevity11/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have reviewed the company's ability to continue as a going concern given a loss of £12,571 after tax was made in the year and the company has net liabilities of £35,3

Key FinancialsYear ending 31/03/2026

Net Worth

-£35k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£16k

Current Liabilities

£38k

Fixed Assets

£543

Debtors

£7k

2avg. employees-1

Tax at Year End(2023)

Corp tax£5k
VAT£12k

Director Loans(2023)

Company owes directors£4k

Balance Sheet

Assets less current liabilities-£22k
Signed by Mrs Sarah Willcox 20/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20260.42-£13k
20250.43-£24k
20241.01+£30
20231.95£234k

Derived from filed accounts. Not audited figures.