Back to search

Furness Engineering And Technology Limited

01059717

active
Private Limited Company
england wales
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

SLINGSBY HOUSE, ULVERSTON, LA12 9EF
Incorporated 28/06/1972

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

74100
Specialised design activities

Officers

Timothy Redshaw

director · Since 31/12/1990

ENGINEER

BRITISH · UNITED KINGDOM · Age 57

Also on 7 other boards

Mr Timothy Redshaw

secretary · Since 23/04/2014

Mrs Caroline Ann Postlethwaite

director · Since 01/10/2021

GROUP FINANCE DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 6 other boards

Mr Rodney Barrow

director · Since 01/01/2023

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Persons with Significant Control

Sequonia Operations Limited

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

Unit 1, James Freel Close, Barrow-In-Furness, LA14 2NW

Reg: 15167031 · Companies House · Limited By Shares

Notified 20/12/2023

Former PSCs

T. Ward & Son, Limited

Ceased 20/12/2023

Charges4 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 21/07/2023Registered 25/07/2023
charge
outstanding

BARCLAYS BANK PLC

Created 24/10/2005Registered 29/10/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/02/2005Registered 17/02/2005Satisfied 18/04/2013
charge
outstanding

BARCLAYS BANK PLC

Created 08/06/1995Registered 13/06/1995
charge
outstanding

BARCLAYS BANK PLC

Created 20/04/1995Registered 26/04/1995

CompanyRankvs 15+ SIC 74100 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.98× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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

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

£464k

Balance sheet strength

Cash

£319k

Cash in the bank

Net Current Assets

£501k

Working capital

Current Assets

£754k

Current Liabilities

£253k

Fixed Assets

£127k

Debtors

£423k

Profit After Tax

£117k

35avg. employees-2

Tax at Year End

Corp tax£11k
Dividends paid£147k

Balance Sheet

Assets less current liabilities£627k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.98-£31k
20232.32+£43k
20223.14-£120k
20214.26-£158k
20204.49+£28k
20192.93-£90k
20183.47-£31k
20174.52

Derived from filed accounts. Not audited figures.