FARVANDE LIMITED

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

• Turnover

  +3.4%

  £505,000 → £522,000

• Cash

  -96.6%

  £39,234 → £1,343

• Net assets

  -14.1%

  £1,687,604 → £1,449,540

• Employees

  -16.7%

  6 → 5

  lowest in 5 filed years

• Operating profit

  +107.5%

  -£200,027 → £14,964

• Profit before tax

  -97.3%

  £559,153 → £14,964

• Wages

  -11.4%

  £469,539 → £416,102

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Pierce C A Limited

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 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

1. FARVANDE LIMITED · parent
   1. Austhall Holdings Limited 100% · England and Wales · Holding company
   2. Sovereign Group Limited 100% · England and Wales · Manufacture and installation of PVCu, composite and aluminium products
   3. Sovereign Aluminium Frames Limited 100% · England and Wales · Dormant

Significant events

• “The company, together with fellow group companies, Austhall Holdings Limited, Farvande Limited and Sovereign Group Limited, are parties to an unlimited guarantee given to the company's bankers in respect of bank borrowings. As at 31 December 2024 the total amount outstanding from the parties was £1,707,038 (2023 - £2,189,890). A guarantee in the form of fixed and floating charges have been provided to R Snape, a shareholder in Vale Street Holdings Limited, in connection to a loan received of £1,000,000 by Vale Street Holdings Limited, over part of the company's assets.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.