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Foster Laws & Company Limited

00908724

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
51 / 100

Notable Risks

25/30
Filing
10/30
Financial
16/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

UNIT BT 97 9D, BRENDA ROAD, TS25 1PE
Incorporated 19/06/1967

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 30/09/2025

Due 14/10/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures
25990
Manufacture of other fabricated metal products

Officers

Mr Ian Mcdonald Elliott

director · Since 09/12/1996

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 68

Mr Robert John Elliott

director · Since 09/12/1996

QUANTITY SURVEYOR

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Margaret Sandra Morris Acma

secretary · Since 01/10/1997

ACCOUNTANT

BRITISH · Age 76

Persons with Significant Control

Mr Ian Mcdonald Elliott

Significant control

British · England · Age 68

C/O Btg Bebgies Traynor Level Q Sheraton House, Surtees Way, Stockton-On-Tees, TS18 3HR

Notified 06/04/2016

Mr Robert John Elliott

Significant control

British · England · Age 69

C/O Btg Bebgies Traynor Level Q Sheraton House, Surtees Way, Stockton-On-Tees, TS18 3HR

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 25/07/1989Registered 28/07/1989
charge
outstanding

LLOYDS BANK PLC

Created 27/03/1972Registered 06/04/1972

Insolvency History1 case

creditors voluntary liquidation14/05/2026

David Adam Broadbent (practitioner) · Ian James Royle (practitioner)

CompanyRankvs 486+ SIC 25110 peers
59

Financial strength68th percentile among SIC peers · 17/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.42× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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486Foster Laws & Company Limited
79
How is this score calculated?
Financial strength17/25 pts

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

Employees12/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/07/2024

Net Worth

£177k

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

£94k

Working capital

Current Assets

£160k

Current Liabilities

£66k

Fixed Assets

£96k

Debtors

£62k

9avg. employees-1

Balance Sheet

Assets less current liabilities£189k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.42-£21k
20232.52—

Derived from filed accounts. Not audited figures.