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Fabdec Limited

00675981

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

GRANGE ROAD, SHROPSHIRE, SY12 9DG
Incorporated 24/11/1960

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46610
Wholesale of agricultural machinery, equipment and supplies

Officers

Mr Christopher Samuel Powell

director · Since 17/05/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 6 other boards

Mr Graham John Egar

secretary · Since 25/07/2001

FINANCIAL CONTROLLER

ENGLISH · UNITED KINGDOM · Age 63

Also on 15 other boards

Mr Graham John Egar

director · Since 08/03/2002

FINANCIAL DIRECTOR

ENGLISH · UNITED KINGDOM · Age 63

Also on 15 other boards

Mr Ghassan Haddad

director · Since 08/03/2002

COMPANY DIRECTOR

GERMAN · GERMANY · Age 70

Persons with Significant Control

Mr Graham John Egar

Significant control

British · England · Age 63

Grange Road, Shropshire, SY12 9DG

Notified 01/06/2016

Mr Christopher Samuel Powell

Significant control

British · England · Age 74

Grange Road, Shropshire, SY12 9DG

Notified 01/06/2016

Mr Ghassan Haddad

Significant control

German · Germany · Age 70

Grange Road, Shropshire, SY12 9DG

Notified 01/06/2016

Charges2 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 30/04/2025Registered 01/05/2025
Charge
satisfied

ABN AMRO ASSET BASED FINANCE N.V.

Created 01/03/2021Registered 01/03/2021Satisfied 10/10/2025
Charge
outstanding

BARCLAYS BANK PLC

Created 23/01/2019Registered 25/01/2019
Charge
satisfied

ABN AMRO COMMERCIAL FINANCE PLC

Created 01/12/2014Registered 01/12/2014Satisfied 02/03/2021
charge
satisfied

EUROPEAN LEASING PLC

Created 08/03/2002Registered 25/03/2002Satisfied 01/05/2010
charge
satisfied

DEC INTERNATIONAL INC

Created 08/03/2002Registered 22/03/2002Satisfied 01/05/2010
charge
satisfied

CITY INVOICE FINANCE LIMITED

Created 08/03/2002Registered 20/03/2002Satisfied 01/05/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/03/1999Registered 30/03/1999Satisfied 01/05/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/07/1993Registered 20/07/1993Satisfied 01/05/2010
charge
satisfied

THE DEVELOPMENT COMMISSION

Created 19/09/1991Registered 25/09/1991Satisfied 27/09/1999
charge
satisfied

BRITISH COAL ENTERPRISE LIMITED.

Created 17/05/1991Registered 25/05/1991Satisfied 03/04/1993
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/12/1990Registered 10/12/1990Satisfied 01/05/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/08/1974Registered 19/08/1974Satisfied 01/05/2010

CompanyRankvs 108+ SIC 46610 peers
65

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.91× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

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. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£12.5M

Annual revenue

Net Worth

£4.2M

Balance sheet strength

Cash

£562k

Cash in the bank

Profit Before Tax

-£209k

Bottom line earnings

Net Current Assets

£3.1M

Working capital

Current Assets

£6.5M

Current Liabilities

£3.4M

Fixed Assets

£2.3M

Debtors

£1.7M

Cost of Sales

£8.7M

Gross Profit

£3.9M

Admin Expenses

£2.9M

Operating Profit

-£11k

Profit After Tax

-£62k

119avg. employees

People Costs

Wages & salaries£3.7M
NI contributions£291k

Balance Sheet

Intangible assets£449k
Bank loans & overdrafts£174k
Assets less current liabilities£5.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.91+£279k
20231.92+£93k
20221.78+£980k
20211.89+£791k
20201.98-£743k
20192.08

Derived from filed accounts. Not audited figures.