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Farnworth Limited

11464594

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

13 BARNOLDSWICK ROAD, NELSON, BB9 6BH
Incorporated 16/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants
56302
Public houses and bars

Officers

William Henry Farnworth

director · Since 16/07/2018

DIRECTOR

BRITISH · ENGLAND · Age 31

Mr Colm Anthony Lalor

director · Since 16/07/2024

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 1 other board

Persons with Significant Control

William Henry Farnworth

50–75% shares
50–75% votes
Appoint directors

British · England · Age 31

13, Barnoldswick Road, Nelson, BB9 6BH

Notified 16/07/2018

Colm Anthony Lalor

25–50% shares
25–50% votes

British · England · Age 64

4, Arncliffe Grove, Barrowford, BB9 8SH

Notified 16/07/2018

CompanyRankvs 6041+ SIC 56101 peers
67

Financial strength92th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£245k

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

-£100k

Working capital

Current Assets

£138k

Current Liabilities

£238k

Fixed Assets

£400k

Debtors

£35k

51avg. employees+23

Tax at Year End(2023)

Corp tax£28k
VAT£26k

Director Loans(2023)

Company owes directors£24

Balance Sheet

Bank loans & overdrafts£24k
Assets less current liabilities£300k
Signed by 11464594 2023-12-01 2024-11-30 11464594 2024-11-30 11464594 bus:OrdinaryShareClass1 2024-11-30 11464594 core:HirePurchasPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.58+£88k
20232.39£524k

Derived from filed accounts. Not audited figures.