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Farington Square Ltd

14247024

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

2-4 WIGAN ROAD, WIGAN, WN2 3BE
Incorporated 20/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr John Heaton

director · Since 20/07/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 46 other boards

Persons with Significant Control

Heaton 2014

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

2-4, Wigan Road, Wigan, WN2 3BE

Reg: 09032137 · Uk Register · Private Limited Company

Notified 01/12/2023

Former PSCs

Heaton 2014 Limited

Ceased 21/11/2022

Joseph John Heaton

Ceased 01/12/2023

Charges4 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/02/2026Registered 23/02/2026
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/02/2026Registered 23/02/2026
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/02/2026Registered 23/02/2026
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/02/2026Registered 23/02/2026

CompanyRankvs 77227+ SIC 41100 peers
23

Financial strength23th percentile among SIC peers · 6/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength6/25 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.

Longevity4/15 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 31/03/2025

Net Worth

£1

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£443k

Current Liabilities

£444k

Debtors

£1

0avg. employees-1

Balance Sheet

Assets less current liabilities-£2k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20251.00
20241.00
20231.00

Derived from filed accounts. Not audited figures.