Company Overview
Farworth Developments Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 01 July 1999, so this is a well established company. Farworth Developments Limited has been in business for 26 years and 9 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

211-213 Higher Hillgate, Stockport, SK1 3RB
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Companies House Data
Company NameFARWORTH DEVELOPMENTS LIMITED
Company Number03799682
Registered Office Address211-213 Higher Hillgate
 SK1 3RB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date01/07/1999
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date29/07/2016
Returns Last Made Up Date01/07/2015
Directors & Members
Show Resigned
Paul Drobig - Director
(British, 67 years old, born September 1959)
Appointed 26 August 1999
 Active
Joanne Drobig - Director
(British, 62 years old, born April 1964)
Appointed 24 January 2019
 Active
Pha Secretarial Services Ltd - Secretary
Appointed 24 January 2019
 Active
Secretaries
Show Resigned
Pha Secretarial Services Ltd - Secretary
Appointed 24 January 2019
 Active
Other Company Directorships
Paul Drobig
ASSOCIATED CONSULTING ENGINEERS INTERNATIONAL LIMITED
IMEG LIMITED
INTERNATIONAL MANAGEMENT & ENGINEERING GROUP LIMITED
SIR FREDERICK SNOW & PARTNERS LIMITED
SIR FREDERICK SNOW (INTERNATIONAL) LIMITED
SNOW CONSULTING LTD.
WESTPARK MANAGEMENT (HOPE COVE) LIMITED
Joanne Drobig
FOOD SORCERY LTD
URBAN BAKERS LTD
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 294,160 294,160 299,353
Current Assets 4,806 4,806 2,100
Creditors Due Within One Year 7,713 7,713 11,302
Working Cap -2,907 -2,907 -9,202
Total Assets Less Current Liabilities 291,253 291,253 290,151
Long-term Liabilities 206,828 206,828 206,828
Net Assets 84,425 84,425 83,323
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 84,425 84,425 83,323
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 98.4% 98.4% 99.3%
Stocks Inventory - - -
Debtors 1.5% 1.5% 0.0%
Cash Bank In Hand 0.1% 0.1% 0.7%
Current Assets 1.6% 1.6% 0.7%
Creditors Due Within One Year 2.6% 2.6% 3.7%
Net Current Assets Liabilities -1.0% -1.0% -3.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 28.2% 28.2% 27.6%
Capital Employed - - -
Total Assets Less Current Liabilities 97.4% 97.4% 96.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 0.6 0.6 0.2
Solvency Ratio 1.4 1.4 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 298,966 298,966 301,453
Debt 214,541 214,541 218,130
Net Assets/Debt 84,425 84,425 83,323

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 2 April 2025 with no updates
Confirmation statement made on 2 April 2024 with no updates
Confirmation statement made on 2 April 2023 with no updates
Confirmation statement made on 2 April 2022 with no updates
Confirmation statement made on 2 April 2021 with no updates
Confirmation statement made on 2 April 2020 with no updates
Confirmation statement made on 2 April 2019 with updates
Termination of appointment of Gillian Mary Ramsay as a director on 24 January 2019
Appointment of Miss Joanne Louise Drobig as a director on 24 January 2019
Appointment of Pha Secretarial Services Ltd as a secretary on 24 January 2019
Termination of appointment of Gillian Mary Ramsay as a secretary on 24 January 2019
Notification of Joanne Louise Drobig as a person with significant control on 10 December 2018
Change of details for Mr Paul Kenneth Drobig as a person with significant control on 10 December 2018
Confirmation statement made on 1 July 2018 with updates
Change of details for Mr Paul Kenneth Drobig as a person with significant control on 27 March 2018
Cessation of Hiani Hakim as a person with significant control on 27 March 2018
Cessation of Jacqueline Philomena Martin as a person with significant control on 27 March 2018
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