Fine Organics Limited
01532065
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/04/2022
FINANCE DIRECTOR
CHINESE · CHINA · Age 39
Also on 7 other boards
secretary · Since 12/03/2025
director · Since 12/03/2025
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 7 other boards
Persons with Significant Control
Lianhe Chemical Technology Co. Ltd
No. 8, Yongjiao Road, Taizhou City
Reg: 9133000014813673x3 · Zhejiang Administration For Industry & Commerce · Corporate
Notified 12/04/2017
Former PSCs
Northedge Capital Llp
Ceased 12/04/2017
Charges3 outstanding
HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED AS SECURITY AGENT
KEITH HANSON
NORTHEDGE CAPITAL LLP
HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED
KEITH HANSON
HSBC INVOICE FINANCE (UK) LIMITED
HSBC ASSET FINANCE (UK) LTD AND HSBC EQUIPMENT FINANCE (UK) LTD
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)
HSBC BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
INSPEC FINANCE LIMITED
INSPEC FINANCE LIMITED
ROYAL EXCHARGE ASSURANCE
MORACREST INVESTMENTS LIMITED
EQUITY CAPITAL OF INDUSTRY LIMITED.
MIDLAND BANK PLC
CompanyRankvs 90+ SIC 20140 peers27
Show leaderboard
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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material Uncertainty related to going concern We draw attention to the "Going concern" section of note 2 to the financial statements. This note states that the Company incurred a loss before tax of £11.079M during the year (2023: pr
Key FinancialsYear ending 31/12/2024
Turnover
£93.6M
Annual revenue
Net Worth
-£179.6M
Balance sheet strength
Cash
£8.6M
Cash in the bank
Profit Before Tax
-£11.1M
Bottom line earnings
Net Current Assets
-£221.7M
Working capital
Current Assets
£55.6M
Current Liabilities
£277.3M
Fixed Assets
£42.1M
Debtors
£17.5M
Cost of Sales
£72.4M
Gross Profit
£21.2M
Admin Expenses
£31.9M
Operating Profit
-£10.6M
Profit After Tax
-£11.2M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.20 | -£11.2M |
| 2023 | 0.26 | +£54.6M |
| 2022 | 0.19 | -£218.5M |
| 2021 | 0.33 | — |
Derived from filed accounts. Not audited figures.