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Fiennes Restoration Limited

01795865

in administration
Private Limited Company
england wales
Companies House
0 outstanding charges
Insolvency history
Health Score
N/A

Details

11 ROMAN WAY BUSINESS CENTRE, DROITWICH SPA, WR9 9AJ
Incorporated 29/02/1984

Compliance

Last accounts

31/12/2021

small

Next accounts due

30/09/2023

Overdue

Confirmation statement

Last: 31/12/2022

Due 14/01/2024

Overdue

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Hugh Mark Whitcomb

director · Since 17/02/2022

MANAGING DIRECTOR

ENGLISH · ENGLAND · Age 64

Also on 11 other boards

Persons with Significant Control

Fiennes Restoration Holdings Limited

75–100% shares

80, New Bond Street, London, W1S 1SB

Reg: 10685999 · Companies House · Limited Company

Notified 07/09/2017

Former PSCs

Mr Nigel Collin Wearne

Ceased 07/09/2017

Dr William Gerard Twisleton-Wykeham-Fiennes

Ceased 07/09/2017

Charges0 outstanding

Debenture
fully satisfied

Barclays Bank PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 21/01/1987Registered 30/01/1987Satisfied 06/09/2017

Insolvency History1 case

in administration

Mark Elijah Thomas Bowen (practitioner)

CompanyRankvs 15+ SIC 45320 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -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.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

Going concern doubt: -10 pts

Insolvency history: -10 pts

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

Going Concern Doubt

102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,' ('FRS 102') and the Companies Act 2006. The following principal accounting policies have been applied: 2.2 Going concern The director acknowledges there is material uncertainty over going concern, due to the principal creditor no longer providing financial support to the company. In addition, during the year to D

Key FinancialsYear ending 31/12/2021

Net Worth

-£1.7M

Balance sheet strength

Cash

£190k

Cash in the bank

Net Current Assets

-£1.8M

Working capital

Current Assets

£958k

Current Liabilities

£2.7M

Fixed Assets

£203k

Debtors

£183k

Profit After Tax

-£341k

32avg. employees

Balance Sheet

Intangible assets£75k
Bank loans & overdrafts£44k
Assets less current liabilities-£1.6M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20210.35

Derived from filed accounts. Not audited figures.