PENN FARADAY SOLICITORS LTD

Company number 07304628 · Active

PENN FARADAY SOLICITORS LTD is a private limited company registered in OLDHAM, United Kingdom, incorporated on 5 Jul 2010. Its registered activity is solicitors. Its latest published accounts for the period ending 31 Dec 2025 show equity of £167k, total assets of £271k. It has filed 7 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 76 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Region3.7×OL · 0.43 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Industry0.8×69 · 0.09 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
07304628 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
5 Jul 2010 (16 years)
Registered address
OL1 1RD OLDHAM
Postcode area
Oldham
Activity
69102 Solicitors
Industry
Legal and accounting activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202526 Sep 2026– –£167k£271k £104k£150k10
31 Dec 202415 Sep 2025– –£91k£348k £257k£290k9
31 Dec 202315 Aug 2024– –£47k£574k £521k£408k6
31 Dec 202215 Sep 2023– –£125k£314k £179k£125k8
31 Dec 202115 Sep 2022– –£197k£442k £201k£219k7
31 Dec 202015 Sep 2021– –£114k£494k £330k£207k7
31 Dec 201915 Sep 2020– –£26k£437k £411k£64k13

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Oldham

Questions about PENN FARADAY SOLICITORS LTD

What is the company number of PENN FARADAY SOLICITORS LTD?

PENN FARADAY SOLICITORS LTD is registered under company number 07304628 in the official register of United Kingdom. View it at the official register.

Is PENN FARADAY SOLICITORS LTD still active?

Yes. PENN FARADAY SOLICITORS LTD is registered as active (status: Active).

Has PENN FARADAY SOLICITORS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PENN FARADAY SOLICITORS LTD in the official data.

How likely is PENN FARADAY SOLICITORS LTD to become insolvent?

Our model estimates a 0.00 % probability that PENN FARADAY SOLICITORS LTD becomes insolvent within the next 12 months (low risk). That is higher than 76 % of active companies in the United Kingdom.

When was PENN FARADAY SOLICITORS LTD founded?

PENN FARADAY SOLICITORS LTD was incorporated on 5 Jul 2010.

Where is PENN FARADAY SOLICITORS LTD registered?

PENN FARADAY SOLICITORS LTD's registered address is in OL1 1RD OLDHAM (Oldham), United Kingdom.

What do the latest accounts of PENN FARADAY SOLICITORS LTD show?

The latest published accounts (period ending 31 Dec 2025) show equity of £167k, total assets of £271k, 10 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.