FAIRFAX AND FAVOR LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-20 (in 5mo)
Last made up 2025-10-06
Watchouts
None on the register
Cash
£2M
+19.7% vs 2024
Net assets
£11M
+5.7% highest in 4 filed years
Employees
145
+8.2% highest in 4 filed years
Profit before tax
£693K
-72% vs 2024
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-02-28 | 2021-02-28 | 2023-03-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £36,112,492 | £31,181,085 | |
| Operating profit | — | — | — | £2,472,150 | £680,689 | |
| Profit before tax | — | — | — | £2,474,887 | £692,571 | |
| Net profit | — | — | — | £1,839,660 | £717,662 | |
| Cash | £1,293,547 | £3,348,502 | — | £1,805,966 | £2,161,413 | |
| Total assets less current liabilities | £1,469,264 | £2,962,851 | — | £10,781,651 | £11,320,830 | |
| Net assets | £1,441,425 | £2,932,545 | — | £10,319,236 | £10,906,898 | |
| Equity | £1,441,425 | £2,932,545 | £9,321,576 | £10,319,236 | £10,906,898 | |
| Average employees | 33 | 38 | — | 134 | 145 | |
| Wages | — | — | — | £3,476,268 | £3,462,218 | |
| Directors' remuneration | — | — | — | £19,500 | £15,750 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-13.7%
£36,112,492 £31,181,085
-
Cash
+19.7%
£1,805,966 £2,161,413
-
Net assets
+5.7%
£10,319,236 £10,906,898
highest in 4 filed years
-
Employees
+8.2%
134 145
highest in 4 filed years
-
Operating profit
-72.5%
£2,472,150 £680,689
-
Profit before tax
-72%
£2,474,887 £692,571
-
Wages
-0.4%
£3,476,268 £3,462,218
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-02-28 | 2021-02-28 | 2023-03-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 6.8% | 2.2% | |
| Net margin | — | — | — | 5.1% | 2.3% | |
| Return on capital employed | — | — | — | 22.9% | 6.0% | |
| Gearing (liabilities / total assets) | — | — | — | 37.3% | 26.6% | |
| Current ratio | — | — | — | 2.55x | 3.28x | |
| Interest cover | — | — | — | 65.95x | 25.95x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- MA Partners Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- FAIRFAX AND FAVOR LTD · parent
- Fairfax and Favor (US) Inc. 100%
Significant events
- “The incorporation of a US subsidiary to support the service delivery of increasing demand from customers based in the US. This achievement has supported growth in US revenue activity of 16%.”
- “The opening of a further 3 UK stores in December 2024 (Bawtry, Shaftesbury and Southwold), taking the estate to nine independent stores. New stores have helped grow Direct Retail revenues by 11%.”
- “The launch of our "ReFavored" project. This project involved the development of a trading platform for slight second, pre-loved and refurbished products which would previously have been disposed of to landfill. The site significantly underpins our sustainable offering to customers enhancing our circular fashion credentials whilst being commercially robust.”
- “Significant progress was also made during the year in the delivery of an App and Loyalty scheme for customers opening a whole host of benefits and opportunities to better engage with customers on a full multi channel basis in a manner which suits them. The service launch was delivered in July 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FOUNTAINE, Marcus John Fairfax | Director | 2013-05-07 | Nov 1990 | British |
| PARKER, Felix James Favor | Director | 2013-05-07 | May 1991 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Marcus John Fairfax Fountaine | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
| Mr Felix Parker | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 45 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-03-28 MA Memorandum articles
- 2024-03-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | AA | accounts | Accounts with accounts type group | |
| 2025-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | AA | accounts | Accounts with accounts type full | |
| 2024-10-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-28 | MA | incorporation | Memorandum articles | |
| 2024-03-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-02-12 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-02-09 | AA01 | accounts | Change account reference date company current extended | |
| 2023-12-08 | AA | accounts | Accounts with accounts type full | |
| 2023-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-12 | AA | accounts | Accounts with accounts type full | |
| 2022-09-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-07-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-11-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-10-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-10-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-07-13 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.