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Farringdon Develop Ltd

12260682

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

MILLSBOROUGH HOUSE, REDDITCH, B98 7AL
Incorporated 14/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Darren Clarke

director · Since 14/10/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Persons with Significant Control

Darren Clarke

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

British · United Kingdom · Age 53

295, Streetsbrook Road, Solihull, B91 1RS

Notified 14/10/2019

Charges1 outstanding

Charge
outstanding

TAB LONDON LIMITED

Created 23/12/2021Registered 23/12/2021
Charge
satisfied

C&M WEALTH INTERNATIONAL LIMITED

Created 02/11/2020Registered 10/11/2020Satisfied 15/12/2021

CompanyRankvs 15407+ SIC 41201 peers
43

Financial strength91th percentile among SIC peers · 23/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees2/15 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.

Longevity7/15 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 31/10/2024

Net Worth

£374k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£373k

Working capital

Current Assets

£701k

Current Liabilities

£1.1M

0avg. employees

Balance Sheet

Assets less current liabilities£373k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65+£360
20230.65

Derived from filed accounts. Not audited figures.