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Fridge Systems Limited

02970990

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

UNIT 10 , BRINDLEY BUSINESS PARK CHASESIDE DRIVE, CANNOCK, WS11 7GD
Incorporated 23/09/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Rachel Kathleen Mcgowan

secretary · Since 23/09/1994

COMPANY SECRETARY

BRITISH

Also on 1 other board

Mr Iain Duncan Mcgowan

director · Since 01/08/2012

DIRECTOR

BRITISH · ENGLAND · Age 40

Mr John James Mcgowan

director · Since 01/03/2015

DIRECTORS

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Iain Duncan Mcgowan

50–75% shares

British · England · Age 40

Unit 10 , Brindley Business Park, Chaseside Drive, Cannock, WS11 7GD

Notified 30/09/2021

Former PSCs

Mr John James Mcgowan

Ceased 30/09/2021

Charges2 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 27/08/1999Registered 03/09/1999
charge
outstanding

MIDLAND BANK PLC

Created 12/12/1994Registered 14/12/1994

CompanyRankvs 12105+ SIC 43999 peers
55

Financial strength36th percentile among SIC peers · 9/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£363

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£73k

Working capital

Current Assets

£750k

Current Liabilities

£677k

Fixed Assets

£40k

Debtors

£698k

12avg. employees-1

Balance Sheet

Assets less current liabilities£113k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.11
20231.21
20221.31-£9k
20211.16-£444k
20202.15+£177k
20192.34+£55k
20182.56

Derived from filed accounts. Not audited figures.