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Farmbank Towing Centre Ltd

10014960

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

220A STOW HILL, NEWPORT, NP20 4HA
Incorporated 19/02/2016

Compliance

Last accounts

31/08/2024

unaudited abridged

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 20/03/2026

Due 03/04/2027

On track

Industry

96090
Other personal service activities

Officers

Mr Simon Montgomery

director · Since 19/02/2016

DIRECTOR

BRITISH · WALES · Age 51

Mr Robert Nurden

director · Since 19/02/2016

DIRECTOR

BRITISH · WALES · Age 48

Persons with Significant Control

Mr Robert Nurden

25–50% shares
25–50% votes

British · Wales · Age 48

220a, Stow Hill, Newport, NP20 4HA

Notified 06/04/2016

Mr Simon Montgomery

25–50% shares
25–50% votes

British · Wales · Age 51

220a, Stow Hill, Newport, NP20 4HA

Notified 06/04/2016

CompanyRankvs 13946+ SIC 96090 peers
76

Financial strength86th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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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.

Employees13/15 pts

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

Liquidity16/20 pts

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

Longevity10/15 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 31/08/2024

Net Worth

£74k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£28k

Working capital

Current Assets

£70k

Current Liabilities

£43k

Fixed Assets

£55k

Debtors

£25k

4avg. employees

Tax at Year End(2020)

Corp tax£7k

Balance Sheet

Assets less current liabilities£83k
Prepared with BTCSoftware AP Solution 2025 12.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
20241.66-£1k
20231.64+£15k
20221.46+£2k
20211.33+£13k
20201.34+£8k
20191.16+£10k
20180.96

Derived from filed accounts. Not audited figures.