Frictec Limited
01858736
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/01/2011
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 1 other board
director · Since 23/05/2025
CONSULTANT
BRITISH · ENGLAND · Age 85
Also on 1 other board
Persons with Significant Control
Friction Technologies Uk Limited
Unit 1, Robinson Way, Portsmouth, PO3 5SA
Reg: 05270559 · England & Wales · Limited Company
Notified 08/07/2016
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
STATE SECURITIES PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 47+ SIC 25610 peers75
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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.
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 30/04/2025
Net Worth
£1.0M
Balance sheet strength
Cash
£24k
Cash in the bank
Net Current Assets
£983k
Working capital
Current Assets
£1.3M
Current Liabilities
£282k
Fixed Assets
£59k
Debtors
£731k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.48 | -£10k |
| 2024 | 3.86 | -£107k |
| 2023 | 5.23 | +£0 |
| 2023 | 5.23 | +£54k |
| 2022 | 4.51 | +£24k |
| 2021 | 5.95 | -£3k |
| 2020 | 5.64 | -£53k |
| 2019 | 6.43 | -£93k |
| 2018 | 8.64 | — |
Derived from filed accounts. Not audited figures.