Faraway Ltd
13295704
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/03/2021
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 3 other boards
director · Since 26/03/2021
DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 18 other boards
Persons with Significant Control
Mr Anthony Paul Smith
British · England · Age 66
Suite A, 82 James Carter Road, Bury St. Edmunds, IP28 7DE
Notified 26/03/2021
Charges1 outstanding
MATERIAL FUNDING LTD
CompanyRankvs 8940+ SIC 64306 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2026
Net Worth
£100
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£100
Working capital
Current Assets
£100
Current Liabilities
£65k
Fixed Assets
£53k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 0.00 | — |
| 2026 | 0.00 | — |
| 2025 | 0.00 | -£4k |
| 2024 | 0.00 | -£4k |
| 2023 | 0.00 | — |
Derived from filed accounts. Not audited figures.