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Far Technologies Limited

13380902

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

20-22 WENLOCK ROAD, LONDON, N1 7GI
Incorporated 06/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Simon Adam Brown

director · Since 01/06/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Mr Colin Davison

director · Since 25/07/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 7 other boards

Persons with Significant Control

Mr Simon Adam Brown

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

British · United Kingdom · Age 51

20-22, Wenlock Road, London, N1 7GI

Notified 06/05/2022

Former PSCs

Mrs Deborah Mcgargle

Ceased 14/03/2025

CompanyRankvs 208430+ SIC 62090 peers
56

Financial strength92th percentile among SIC peers · 23/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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20843Far Technologies Limited
56
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.

Employees11/15 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.

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 31/05/2025

Net Worth

£244k

Balance sheet strength

Cash

£466

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£15k

Current Liabilities

£77k

Fixed Assets

£355k

Debtors

£14k

2avg. employees-1

Balance Sheet

Intangible assets£302k
Assets less current liabilities£293k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.19
20240.21
20235.10
20220.34

Derived from filed accounts. Not audited figures.