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Westcore Faraday Limited

11148030

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

3RD FLOOR, LONDON, EC2A 4NE
Incorporated 12/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Daniel Charles Barrington

director · Since 12/01/2018

SURVEYOR-PROPERTY CO.

BRITISH · SWITZERLAND · Age 58

Also on 7 other boards

Mr Corey Marc Eagle

director · Since 18/01/2023

REAL ESTATE

AMERICAN · UNITED STATES · Age 56

Also on 8 other boards

Persons with Significant Control

Mr Marc Reed Brutten

50–75% shares
50–75% votes

American · United States · Age 70

120 S, Sierra Ave., Del Mar, 92 075

Notified 12/01/2018

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 03/04/2025Registered 04/04/2025
Charge
outstanding

HSBC UK BANK PLC (AS LENDER)

Created 25/10/2024Registered 28/10/2024
Charge
satisfied

PREMF DEBT MANAGEMENT S.A R.L

Created 09/03/2018Registered 13/03/2018Satisfied 16/04/2025

CompanyRankvs 52636+ SIC 68100 peers
42

Financial strength97th percentile among SIC peers · 24/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 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.

Longevity8/15 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

Outstanding charges: -10 pts

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

£1.3M

Balance sheet strength

Cash

£559k

Cash in the bank

Net Current Assets

-£5.0M

Working capital

Current Assets

£1.7M

Current Liabilities

£6.7M

Fixed Assets

£14.9M

Debtors

£1.1M

0avg. employees

Balance Sheet

Bank loans & overdrafts£8.3M
Assets less current liabilities£9.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.25-£112k
20230.25+£341k
20210.25+£915k
20200.22+£92k
20190.23

Derived from filed accounts. Not audited figures.