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Firespray International Limited

03221176

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O LMDB ACCOUNTANTS, RAILVIEW LOFTS, 19C, EASTBOURNE, BN21 3XE
Incorporated 05/07/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Pieter Daeseleire

director · Since 23/02/2018

COMPANY DIRECTOR

BELGIAN · BELGIUM · Age 59

Mr Tom Van Gyseghem

secretary · Since 17/02/2023

Also on 1 other board

Mr Tom Van Gyseghem

director · Since 17/02/2023

CEO

BELGIAN · BELGIUM · Age 54

Also on 1 other board

Persons with Significant Control

Ms Ann De Raedt

75–100% shares
75–100% votes

Belgian · Belgium · Age 50

C/O Lmdb Accountants, Railview Lofts, 19c, Commercial Road, Eastbourne, BN21 3XE

Notified 01/07/2022

Former PSCs

Hotchkiss Group Limited

Ceased 23/02/2018

Incendin Nv

Ceased 30/03/2022

Charges0 outstanding

charge
satisfied

CENTRIC SPV 1 LIMITED

Created 25/07/2012Registered 31/07/2012Satisfied 14/03/2018
charge
satisfied

BARCLAYS BANK PLC

Created 07/03/1997Registered 14/03/1997Satisfied 14/03/2018

CompanyRankvs 682+ SIC 43999 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 7.91× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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682Firespray International Limited
88
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.

Employees13/15 pts

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

Liquidity20/20 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

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 co

Key FinancialsYear ending 31/12/2024

Turnover

£2.4M

Annual revenue

Net Worth

£2.7M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

£413k

Bottom line earnings

Net Current Assets

£2.4M

Working capital

Current Assets

£2.8M

Current Liabilities

£351k

Fixed Assets

£366k

Debtors

£891k

Cost of Sales

£1.0M

Gross Profit

£1.3M

Admin Expenses

£945k

Operating Profit

£413k

Profit After Tax

£439k

5avg. employees

Tax at Year End(2023)

Corp tax£81k
Dividends paid£1.0M

Balance Sheet

Intangible assets£364k
Assets less current liabilities£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.91+£439k
20235.32-£207k
20219.29—

Derived from filed accounts. Not audited figures.