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Fulton Boiler Works, (Great Britain) Limited

00855790

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

5 FERNHURST ROAD, BRISTOL, BS5 7FG
Incorporated 02/08/1965

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Ronald Bramley Pal M (Jnr)

director · Since 11/10/1992

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 66

Mr Jian Chen

director · Since 25/10/2007

GENERAL MANAGER

AMERICAN · UNITED STATES · Age 64

Melissa Obit

secretary · Since 24/03/2025

Persons with Significant Control

Mr Ronald Bramley Palm (Jnr)

75–100% shares
75–100% votes

American · United States · Age 66

5, Fernhurst Road, Bristol, BS5 7FG

Notified 06/04/2016

Former PSCs

Mr Ronald Bramley Palm (Snr)

Ceased 06/04/2016

Mr Carl Knight

Ceased 11/06/2018

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 01/02/2013Registered 02/02/2013
charge
satisfied

HSBC BANK PLC

Created 28/12/2011Registered 05/01/2012Satisfied 10/01/2013
charge
satisfied

HSBC BANK PLC

Created 28/12/2011Registered 05/01/2012Satisfied 10/01/2013
charge
outstanding

HSBC BANK PLC

Created 28/12/2011Registered 30/12/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/12/2007Registered 28/12/2007Satisfied 23/05/2012
charge
satisfied

CLOSE BROTHERS LIMITED

Created 06/01/1993Registered 09/01/1993Satisfied 02/11/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/12/1987Registered 21/12/1987Satisfied 03/11/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/08/1987Registered 27/08/1987Satisfied 23/05/2012
charge
satisfied

NATIONAL WESTMINSTER BANK LTD

Created 01/11/1972Registered 08/11/1972Satisfied 23/05/2012

CompanyRankvs 851+ SIC 28990 peers
62

Financial strength88th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.99× · 6/20
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 strength22/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£635k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£3.8M

Current Liabilities

£3.8M

Fixed Assets

£2.4M

Debtors

£1.2M

46avg. employees+10

Tax at Year End(2023)

Corp tax£150k

Balance Sheet

Intangible assets£57k
Bank loans & overdrafts£94k
Assets less current liabilities£2.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£177k
20230.96+£697k
20210.74+£135k
20200.72+£149k
20190.69-£410k
20160.55

Derived from filed accounts. Not audited figures.