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Faria Education Limited

10293785

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

FARIA EDUCATION, NO. 2 GLASSHOUSE, MACCLESFIELD, SK10 4TG
Incorporated 25/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Faria Education Group Limited

director · Since 25/07/2016

Mrs Mackenzie Teresa Hovermale

director · Since 27/11/2019

COO

AMERICAN · UNITED KINGDOM · Age 36

Also on 2 other boards

Oleg Figlin

director · Since 15/12/2025

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Persons with Significant Control

Lattice Group Holdings Topco Limited

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

47, Esplanade, St Helier, JE1 0BD

Reg: 142034 · Jersey Companies Registry · Private Limited Company

Notified 19/11/2025

Former PSCs

Theodore Walker Cheng De King

Ceased 23/11/2023

Greg Wallace

Ceased 17/11/2025

Charges2 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT

Created 02/09/2022Registered 09/09/2022
Charge
outstanding

GLAS TRUST CORPORATION LIMITED AS AGENT AND TRUSTEE

Created 02/09/2022Registered 09/09/2022

CompanyRankvs 5257+ SIC 82990 peers
65

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.7× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Employees15/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con

Key FinancialsYear ending 31/12/2021

Net Worth

£14.0M

Balance sheet strength

Cash

£184k

Cash in the bank

Net Current Assets

£14.0M

Working capital

Current Assets

£19.2M

Current Liabilities

£5.2M

Fixed Assets

£24k

Debtors

£14.0M

Profit After Tax

-£139k

22avg. employees+9

Tax at Year End(2018)

Corp tax£7k

People Costs(2020)

Wages & salaries£1.0M
NI contributions£116k

Balance Sheet

Assets less current liabilities£14.0M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
20213.70-£139k
202011.56+£14.1M
201935.69+£0
2018183.85

Derived from filed accounts. Not audited figures.