Fan Engineering Limited
01171325
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/03/1991
ENGINEER
BRITISH · ENGLAND · Age 65
Also on 3 other boards
Persons with Significant Control
Mr Michael Edwin Allen
British · England · Age 65
19b Sandy Way, Tamworth, B77 4DS
Notified 07/04/2016
Mr George Allen
British · England · Age 37
19b Sandy Way, Amington Industrial Estate, Tamworth, B77 4DS
Notified 01/01/2024
Former PSCs
Mrs Sara Elizabeth Allen
Ceased 01/04/2025
CompanyRankvs 241+ SIC 25990 peers87
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£2.3M
Balance sheet strength
Cash
£2.4M
Cash in the bank
Net Current Assets
£2.3M
Working capital
Current Assets
£2.8M
Current Liabilities
£567k
Fixed Assets
£99k
Debtors
£318k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.99 | +£166k |
| 2023 | 3.46 | +£519k |
| 2022 | 3.09 | +£349k |
| 2021 | 2.29 | +£145k |
| 2020 | 3.32 | +£75k |
| 2019 | 2.31 | +£123k |
| 2018 | 2.07 | — |
Derived from filed accounts. Not audited figures.