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Fisadco Engineering (1980) Limited

03262523

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

RAYWELL STREET, EAST YORKSHIRE, HU2 8EP
Incorporated 11/10/1996

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Daren William Smith

director · Since 27/10/1996

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

William Harvey Smith

director · Since 08/02/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 24

Also on 2 other boards

Persons with Significant Control

Fisadco Engineering Limited

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

C/O Fisadco Engineering (1980) Limited, Raywell Street, Hull, HU2 8EP

Reg: 09194269 · Companies House · Limited

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 05/11/2004Registered 16/11/2004
charge
outstanding

BARCLAYS BANK PLC

Created 26/10/2004Registered 10/11/2004
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 29/11/2001Registered 05/12/2001Satisfied 02/12/2004
charge
satisfied

LLOYDS TSB BANK PLC

Created 16/07/1999Registered 22/07/1999Satisfied 02/12/2004
charge
satisfied

TSB BANK PLC

Created 22/11/1996Registered 27/11/1996Satisfied 02/12/2004

CompanyRankvs 148+ SIC 25110 peers
76

Financial strength87th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.25× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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148Fisadco Engineering (1980) Limited
86
How is this score calculated?
Financial strength22/25 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.

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

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

£944k

Balance sheet strength

Cash

£81k

Cash in the bank

Net Current Assets

£831k

Working capital

Current Assets

£1.5M

Current Liabilities

£663k

Fixed Assets

£555k

Debtors

£1.1M

29avg. employees

Balance Sheet

Bank loans & overdrafts£129k
Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.25+£422k
20231.42-£8k
20221.48-£10k
20211.54-£94k
20201.60-£4k
20191.65-£31k
20181.65—

Derived from filed accounts. Not audited figures.