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Farmec Solutions Limited

15203289

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

C/O KHAN THORNTON, 14-18 HERALDS WAY, CHELMSFORD, CM3 5TQ
Incorporated 11/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
70229
Management consultancy activities

Officers

Mr Luke Adam Kevin Farrow

director · Since 11/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 3 other boards

Persons with Significant Control

Mr Luke Adam Kevin Farrow

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

British · England · Age 35

Khan Thornton, 14-18, Heralds Way, Chelmsford, CM3 5TQ

Notified 11/10/2023

Charges2 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 30/09/2024Registered 03/10/2024
Charge
outstanding

KEVIN FARROW

Created 23/02/2024Registered 05/03/2024

CompanyRankvs 12004+ SIC 43210 peers
55

Financial strength97th percentile among SIC peers · 24/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 46.62× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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

£761k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£68k

Current Liabilities

£1k

Fixed Assets

£6.5M

1avg. employees

Balance Sheet

Assets less current liabilities£6.6M
Signed by Mr Luke Farrow 12/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
202446.62

Derived from filed accounts. Not audited figures.