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F.C. Brown (Steel Equipment) Limited

00693397

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

CASWELL WAY, NEWPORT, NP19 4PW
Incorporated 23/05/1961

Compliance

Last accounts

31/07/2025

full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 05/02/2026

Due 19/02/2027

On track

Industry

31010
Manufacture of office and shop furniture
31090
Manufacture of other furniture

Officers

Mr Marco Pierleoni

director · Since 01/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 5 other boards

Mr Nigel Howells Bsc Aca

director · Since 03/07/2024

ACCOUNTANT

BRITISH · WALES · Age 59

Also on 3 other boards

Mr Lee Thomas Reeves

director · Since 20/11/2025

BRITISH · WALES · Age 56

Also on 1 other board

Mr Paul Ostrolenk

director · Since 24/03/2026

BRITISH · ENGLAND · Age 62

Mr John Robert Redmond

director · Since 24/03/2026

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Bisley Office Equipment Limited

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

Bisley Factory, Caswell Way, Newport, NP19 4PW

Reg: 00690594 · England And Wales · Private Limited

Notified 06/04/2016

Former PSCs

Mr Anthony Charles Brown

Ceased 04/04/2023

Mr Richard David Costin

Ceased 08/05/2026

Charges3 outstanding

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outstanding

HSBC UK BANK PLC

Created 27/02/2024Registered 06/03/2024
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outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 26/01/2024Registered 05/02/2024
Charge
outstanding

HSBC UK BANK PLC

Created 10/01/2024Registered 15/01/2024
Charge
satisfied

RBS INVOICE FINANCE LTD

Created 23/09/2022Registered 28/09/2022Satisfied 02/02/2024
Charge
satisfied

RBS INVOICE FINANCE LTD

Created 26/06/2013Registered 01/07/2013Satisfied 15/07/2016
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 29/05/2012Registered 11/06/2012Satisfied 07/07/2016
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 29/05/2012Registered 11/06/2012Satisfied 07/07/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/05/2012Registered 08/06/2012Satisfied 02/02/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/05/2012Registered 30/05/2012Satisfied 02/02/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/12/1989Registered 04/12/1989Satisfied 06/03/2009
charge
satisfied

3I PLC

Created 28/04/1989Registered 17/05/1989Satisfied 30/11/1996
charge
satisfied

SCOTTISH TRUST LIMITED · LLOYDS AND SCOTTISH TRUST LIMITED

Created 12/10/1982Registered 19/10/1982Satisfied 29/04/1989
charge
satisfied

LLOYDS & SCOTTISH TRUST LIMITED

Created 30/07/1981Registered 10/08/1981

CompanyRankvs 15+ SIC 31010 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.15× · 20/20
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 strength25/25 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.

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

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

Key FinancialsYear ending 31/07/2024

Net Worth

£27.0M

Balance sheet strength

Cash

£7.5M

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

£13.7M

Working capital

Current Assets

£25.5M

Current Liabilities

£11.9M

Fixed Assets

£13.4M

Debtors

£14.1M

Cost of Sales

£35.1M

Admin Expenses

£102k

Profit After Tax

£1.4M

367avg. employees-27

Tax at Year End(2021)

Dividends paid£5.0M

People Costs

Wages & salaries£13.6M

Balance Sheet

Intangible assets£74k
Assets less current liabilities£27.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.15+£532k
20231.59+£6.9M
20221.03+£1.4M
20210.98+£355k
20200.88-£11.4M
20191.22

Derived from filed accounts. Not audited figures.