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Fixing Point Limited

02050516

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

183 - 205 WESTGATE STREET, GLOUCESTER, GL1 2RN
Incorporated 28/08/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46730
Wholesale of wood, construction materials and sanitary equipment

Officers

Mr Taner Soner Sahin

director · Since 27/07/2020

DIRECTOR

TURKISH · UNITED KINGDOM · Age 44

Mr Paul Postle

director · Since 14/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 77 other boards

Persons with Significant Control

Resource R8 Limited

75–100% shares
75–100% votes
Appoint directors

C/O Resource Ltd, Wentloog Road, Cardiff, CF3 2ER

Reg: 07299021 · England And Wales · Company Limited By Shares

Notified 31/03/2023

Former PSCs

Mr David Nicholas Owen Williams

Ceased 31/03/2023

Mr Ian David Hill

Ceased 31/03/2023

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 29/12/2023Registered 02/01/2024
Charge
outstanding

HSBC UK BANK PLC

Created 28/04/2023Registered 02/05/2023
charge
satisfied

HSBC BANK PLC

Created 23/06/2009Registered 25/06/2009Satisfied 31/12/2025
charge
outstanding

HSBC BANK PLC

Created 12/06/2009Registered 13/06/2009
charge
satisfied

HSBC BANK PLC

Created 11/06/2009Registered 12/06/2009Satisfied 25/04/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 22/06/2004Registered 30/06/2004Satisfied 25/04/2013
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 13/01/2004Registered 14/01/2004Satisfied 25/04/2013
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 21/11/2000Registered 21/11/2000
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 11/09/1995Registered 13/09/1995Satisfied 12/12/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/07/1994Registered 11/08/1994Satisfied 29/10/1996
charge
satisfied

BARCLAYS BANK PLC

Created 13/03/1987Registered 19/03/1987Satisfied 28/09/1995

CompanyRankvs 2920+ SIC 46730 peers
65

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.8× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£3.6M

Balance sheet strength

Cash

£17k

Cash in the bank

Profit Before Tax

£149k

Bottom line earnings

Net Current Assets

£2.8M

Working capital

Current Assets

£6.2M

Current Liabilities

£3.5M

Fixed Assets

£1.6M

Debtors

£3.3M

Cost of Sales

£4.3M

Admin Expenses

£2.9M

Profit After Tax

£149k

55avg. employees-1

People Costs

Wages & salaries£1.7M

Balance Sheet

Intangible assets£88k
Bank loans & overdrafts£31k
Assets less current liabilities£4.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.80+£149k
20241.73+£3.0M
20231.43+£94k
20222.07+£145k
20212.46+£49k
20200.96+£2k
20190.95-£393k
20181.18

Derived from filed accounts. Not audited figures.