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Fgh Controls Limited

01298491

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BLACKHORSE ROAD, LETCHWORTH GARDEN CITY, SG6 1HN
Incorporated 14/02/1977

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26512
Manufacture of electronic industrial process control equipment

Officers

Mr Sundip Bajaj

secretary · Since 30/09/2015

Also on 1 other board

Mr Sundip Bajaj

director · Since 01/07/2016

CHIEF FINANCIAL OFFICER

CANADIAN · CANADA · Age 59

Also on 1 other board

Mr David Norman Macarthur

director · Since 01/02/2018

COMPANY DIRECTOR

CANADIAN · CANADA · Age 71

Persons with Significant Control

Mr Sundip Bajaj

Significant control

Canadian · Canada · Age 59

Superheat, Superheat Fgh Technologies Inc, Kincardine

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK CANADA

Created 16/02/2018Registered 19/02/2018
charge
satisfied

BARCLAYS BANK PLC

Created 09/10/1989Registered 19/10/1989Satisfied 24/01/2018
charge
satisfied

MIDLAND BANK PLC

Created 20/03/1987Registered 31/03/1987Satisfied 06/05/1999
charge
satisfied

MIDLAND BANK PLC

Created 04/03/1982Registered 12/03/1982Satisfied 06/05/1999
charge
satisfied

MIDLAND BANK LTD

Created 13/11/1981Registered 20/11/1981Satisfied 06/05/1999
charge
satisfied

MIDLAND BANK LTD

Created 29/06/1977Registered 07/07/1977Satisfied 06/05/1999

CompanyRankvs 337+ SIC 26512 peers
54

Financial strength1th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.94× · 20/20
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 strength0/25 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.

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 30/09/2024

Net Worth

-£382k

Balance sheet strength

Cash

£121k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.3M

Current Liabilities

£256k

Fixed Assets

£15k

Debtors

£1.6M

23avg. employees+1

Balance Sheet

Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.94+£197k
20239.68+£26k
202211.06-£1.1M
202114.22+£83k
20206.33+£95k
20195.47+£113k
20186.00

Derived from filed accounts. Not audited figures.