FARADAY DEVELOPMENT LIMITED
Company number 05163463 · Active · Swindon SN4 8SY
FARADAY DEVELOPMENT LIMITED is an active private limited company (company number 05163463) incorporated on 25 June 2004, registered in Swindon. Its registered activity is development of building projects (SIC 41100). Latest abridged accounts cover the period ending 28 December 2024, showing net assets of −£213k and cash of £20k, with 2 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 66% on the prior period (−£631k).
By net assets it sits in the bottom quarter of 13,669 comparable companies in Other (median £609, upper quartile £72k).
Key dates
- Incorporated
- 25 June 2004
- Next accounts due
- 28 September 2026 — 21 days overdue
- Confirmation statement due
- 9 July 2027 — in 263 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 41100
- Development of building projects
- SIC 68100
- Buying and selling of own real estate
- SIC 68209
- Other letting and operating of own or leased real estate
- Accounts type
- Unaudited Abridged
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 28 December 2024
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 December 2024 | −£213k | £20k | £29k | £6.01m | — | — | 2 |
| 28 December 2023 | −£631k | £41k | £159k | £5.71m | — | — | 2 |
- Current ratio
- 0.96 — current liabilities exceed current assets
- Cash per employee
- £10k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 33/100 (grade E)
- -15 Negative net assets — Net assets £-213,004 at 2024-12-28
- +8 Net assets growing — +66.2% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.96
- +8 Established — Incorporated 2004-06-25 (22 years)
- -10 Accounts overdue — Due 2026-09-28
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Newbury Gateway Limited (corporate entity, United Kingdom) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 25 February 2025
- Mr Duncan Timothy Crook — owns 25–50% of shares · since 31 March 2017 · ceased 21 February 2025
- Mr David Paul Grant — has significant influence or control · since 21 February 2025 · ceased 25 February 2025
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in the UK
Same activity (development of building projects), closest in incorporation date.
- URBANBUILD ( SPECIAL PROJECTS ) LIMITED — Ruthin, inc. Jun 2004
- STRATHTAY DEVELOPMENTS LIMITED — Aberfeldy, inc. Jun 2004
- DUNCARRON FORT LIMITED — Denny, inc. Jun 2004
- WESSEX DEVELOPMENTS LIMITED — Shaftesbury, inc. Jun 2004
- NEWGATE DEVELOPMENTS (CAMBS) LIMITED — March, inc. Jun 2004
- GARROCK LIMITED — Hereford, inc. Jun 2004
Reminders for FARADAY DEVELOPMENT LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.