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Foundrax Engineering Products Limited

00460583

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

18 WESSEX PARK, SOMERTON, TA11 6SB
Incorporated 29/10/1948

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/03/2026

Due 04/04/2027

On track

Industry

32990
Other manufacturing

Officers

Mr Leo Charles Austin

director · Since 19/07/2000

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 4 other boards

Alexander Alfred Austin

director · Since 01/06/2002

ADMINISTRATION DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Alexander Alfred Austin

secretary · Since 13/05/2019

Also on 1 other board

Persons with Significant Control

Alexander Alfred Austin

75–100% shares
75–100% votes
Appoint directors

British · England · Age 55

18, Wessex Park, Somerton, TA11 6SB

Notified 24/03/2020

Former PSCs

Mr Charles Thomas Austin

Ceased 24/03/2020

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 07/11/2014Registered 10/11/2014
charge
outstanding

HSBC BANK PLC

Created 27/06/2012Registered 29/06/2012
charge
outstanding

HSBC BANK PLC

Created 19/01/2006Registered 21/01/2006
charge
satisfied

BARCLAYS BANK PLC

Created 21/08/1991Registered 02/09/1991Satisfied 01/06/2006

CompanyRankvs 601+ SIC 32990 peers
76

Financial strength90th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.75× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£140k

Cash in the bank

Net Current Assets

£556k

Working capital

Current Assets

£759k

Current Liabilities

£203k

Fixed Assets

£753k

Debtors

£438k

14avg. employees

Tax at Year End

Corp tax£50k

Balance Sheet

Bank loans & overdrafts£295k
Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.75+£0
20253.75-£39k
20242.28+£41k
20232.15+£130k
20224.65+£19k
20212.76-£20k
20202.95+£151k
20194.09

Derived from filed accounts. Not audited figures.