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Farmost Precision Engineering Ltd

13268217

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT F9, WORCESTER, WR3 8SG
Incorporated 15/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Karl Brian Oram

director · Since 15/03/2021

ENGINEERING

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Mr James Anthony Frost

director · Since 27/10/2021

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Karl Brian Oram

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
75–100% votes
Appoint directors

British · England · Age 61

Unit 9, Blackpole East, Worcester, WR3 8SG

Notified 15/03/2021

Mr James Anthony Frost

25–50% shares
25–50% votes

British · England · Age 56

Unit F9, Blackpole East, Worcester, WR3 8SG

Notified 05/11/2021

Former PSCs

Mr Karl Brian Oram

Ceased 05/11/2021

CompanyRankvs 3927+ SIC 71121 peers
57

Financial strength84th percentile among SIC peers · 21/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees10/15 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.

Longevity5/15 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 31/03/2025

Net Worth

£77k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£56k

Current Liabilities

£79k

Fixed Assets

£158k

Debtors

£42k

2avg. employees

Balance Sheet

Assets less current liabilities£135k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.71+£42k
20240.51+£17k
20230.36+£5k
20220.52

Derived from filed accounts. Not audited figures.