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Foster Findlay Associates Limited

02182421

active
Private Limited Company
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

GENERATOR STUDIOS, NEWCASTLE UPON TYNE, NE1 2LA
Incorporated 22/10/1987

Compliance

Last accounts

31/12/2025

group

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 09/11/2025

Due 23/11/2026

On track

Industry

58290
Other software publishing

Officers

Jan Pihl Grimnes

director · Since 24/01/2012

DIRECTOR

NORWEGIAN · NORWAY · Age 65

Bettina Bachmann

director · Since 24/10/2019

MANAGING DIRECTOR

SWISS · SWITZERLAND · Age 67

ã…Dne Grã˜Dem

director · Since 16/02/2024

CEO

NORWEGIAN · NORWA · Age 61

Henrik Zetlitz Nessler

director · Since 16/02/2024

CEO

NORWEGIAN · NORWAY · Age 61

Cecilie Johnsen

secretary · Since 03/07/2024

Persons with Significant Control

Ms Yuhong Jin Hermansen

25–50% shares

Norwegian · Norway · Age 57

Borehaugen 1b, Stavanger, 4006

Notified 16/02/2024

Charges3 outstanding

Charge
outstanding

REDBACK AS

Created 05/07/2023Registered 10/07/2023
Charge
outstanding

ENERGY VENTURES III (GP) LIMITED (ACTING IN ITS CAPACITY AS GENERAL PARTNER OF ENERGY VENTURES

Created 20/11/2020Registered 01/12/2020
Charge
outstanding

ENERGY VENTURES III (GP) LIMITED (ACTING IN ITS CAPACITY AS GENERAL PARTNER OF ENERGY VENTURES · (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUMENT))

Created 25/05/2018Registered 25/05/2018
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK)

Created 29/05/2014Registered 31/05/2014Satisfied 25/04/2018
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 21/02/2003Registered 28/02/2003Satisfied 26/08/2011
charge
satisfied

NORTHERN IT RESEARCH LIMITED

Created 09/09/1997Registered 12/09/1997Satisfied 11/04/2003
charge
satisfied

LLOYDS BANK PLC

Created 27/02/1991Registered 05/03/1991Satisfied 11/04/2003

CompanyRankvs 1902+ SIC 58290 peers
44

Financial strength99th percentile among SIC peers · 25/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.71× · 6/20
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 strength25/25 pts

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

Employees3/15 pts

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

Liquidity6/20 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 going concern are d

Key FinancialsYear ending 31/12/2025

Net Worth

£8.6M

Balance sheet strength

Cash

£153k

Cash in the bank

Net Current Assets

-£1.9M

Working capital

Current Assets

£4.8M

Current Liabilities

£6.7M

Fixed Assets

£10.6M

Debtors

£4.6M

Profit After Tax

-£485k

0avg. employees

Balance Sheet

Intangible assets£10.0M
Bank loans & overdrafts£479k
Assets less current liabilities£8.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20250.71

Derived from filed accounts. Not audited figures.