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Farewill Ltd.

09701947

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

4 KING EDWARDS COURT, SUTTON COLDFIELD, B73 6AP
Incorporated 24/07/2015

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

62090
Other information technology service activities

Officers

Mrs Zillah Ellen Byng-Thorne

director · Since 31/01/2025

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 51

Ms Emily Sarah Tate

director · Since 11/07/2025

CHIEF FINANCE OFFICER

BRITISH · ENGLAND · Age 51

Also on 13 other boards

Persons with Significant Control

Dignity Ventures Limited

75–100% shares
75–100% votes
Appoint directors

4, King Edwards Court, Sutton Coldfield, B73 6AP

Reg: 07541182 · Companies House · Private Company

Notified 31/01/2025

Former PSCs

Mr Daniel Joseph Richard William Garrett

Ceased 31/01/2025

Mr Thomas Rogers

Ceased 31/10/2022

CompanyRankvs 9738+ SIC 62090 peers
63

Financial strength99th percentile among SIC peers · 25/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.1× · 20/20
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 strength25/25 pts

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

Employees2/15 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.

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

serious doubt over the ability of the Group to continue to operate for a period of at least twelve months from the date of this report. Accordingly, the financial statements have been prepared on the going concern basis. Impact of the Ukraine Russia conflict The conflict continues to affect the UK and global economies, the Directors continue to be informed about the impact and will take any steps

Key FinancialsYear ending 31/07/2022

Net Worth

£2.4M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£4.4M

Current Liabilities

£2.1M

Fixed Assets

£98k

Debtors

£3.1M

Profit After Tax

-£7.1M

0avg. employees-114

Balance Sheet

Assets less current liabilities£2.4M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20222.10-£7.1M
20217.71+£3.8M
201939.82+£6.0M
20180.59

Derived from filed accounts. Not audited figures.