# FAVOURSTATE LIMITED (01703570)

> FAVOURSTATE LIMITED is an active private limited company (company number 01703570) incorporated on 2 March 1983, registered in Cumbria. Its registered activity is floor and wall covering (SIC 43330). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £110k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 64% on the prior period (£67k).

- Status: Active
- Incorporated: 1983-03-02
- Registered office: Cumbria, LA14 2UB
- SIC 43330: Floor and wall covering
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-16
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 146 comparable companies in Lancashire (median £8,212, upper quartile £70k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £110k | — | — | £16k | — | — | 3 |
| 2024-03-31 | £67k | — | — | £23k | — | — | 3 |

current ratio 7.67; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £110,062 at 31 March 2025
- Net assets up 10% or more on the prior period: +64.5% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 7.67
- Incorporated five or more years ago: Incorporated 2 March 1983

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Terence Murphy — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/01703570
HTML: https://firmoscan.com/company/01703570-favourstate-limited