Fernite Of Sheffield Limited
03133576
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/08/2024
full
Next accounts due
31/05/2026
Confirmation statement
Last: 04/12/2025
Due 18/12/2026
Industry
Officers
director · Since 05/09/2014
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 9 other boards
secretary · Since 15/12/2022
Persons with Significant Control
Green Mill Industries Limited
1, Orgreave Road, Sheffield, S13 9LQ
Reg: 9042882 · Registrar Of Companies For England And Wales · Private Limited Company
Notified 06/04/2016
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
RBS INVOICE FINANCE LIMITED
NEIL MACDONALD BOWIE, GILLIAN ANN BOWIE AND DAVID SAYLES
CLOSE BROTHERS LTD (THE "SECURITY TRUSTEE")
RBS INVOICE FINANCE LIMITED
ING LEASE (UK) LTD
LLOYDS UDT LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 189+ SIC 32990 peers69
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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
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 director with respect to going con
Key FinancialsYear ending 31/08/2024
Turnover
£6.0M
Annual revenue
Net Worth
£3.9M
Balance sheet strength
Cash
£260k
Cash in the bank
Profit Before Tax
£101k
Bottom line earnings
Net Current Assets
£3.7M
Working capital
Current Assets
£4.6M
Current Liabilities
£943k
Fixed Assets
£724k
Debtors
£3.2M
Cost of Sales
£4.2M
Gross Profit
£1.8M
Admin Expenses
£1.4M
Operating Profit
£113k
Profit After Tax
£116k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.92 | +£117k |
| 2023 | 3.65 | +£538k |
| 2022 | 4.65 | +£436k |
| 2021 | 3.40 | +£193k |
| 2020 | 4.81 | +£259k |
| 2019 | 2.98 | +£628k |
| 2018 | 2.89 | — |
Derived from filed accounts. Not audited figures.