Back to search

Fen-Bay Services Limited

03692535

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)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

FEN-BAY SERVICES LIMITED NORTH END, LINCOLN, LN5 0ND
Incorporated 07/01/1999

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/11/2025

Due 05/12/2026

On track

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr John Robertson Aitken

director · Since 29/11/2013

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Mr Jason Mark Sedlan

director · Since 29/02/2020

SALES DIRECTOR

BRITISH · ENGLAND · Age 46

Paul Eadie

secretary · Since 26/11/2021

Persons with Significant Control

Hörmann (U.K.) Limited

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

Gee Road, Coalville, Leicestershire, LE67 4JW

Reg: 01440638 · England And Wales · Private Company Limited By Shares

Notified 05/11/2025

Former PSCs

Mr Carl Andrew Sedlan

Ceased 17/05/2017

Fen-Bay Holdings Limited

Ceased 28/02/2018

Fen-Bay Group Limited

Ceased 05/11/2025

Charges2 outstanding

charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 13/06/2012Registered 15/06/2012
charge
satisfied

GE COMMERCIAL FINANCE (NO.2) LIMITED

Created 03/07/2008Registered 23/07/2008Satisfied 14/12/2016
charge
satisfied

ALLIANCE & LEICESTER PLC

Created 11/07/2008Registered 12/07/2008Satisfied 25/08/2021
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 08/01/2007Registered 11/01/2007Satisfied 14/08/2008
charge
outstanding

LLOYDS TSB BANK PLC

Created 03/04/2006Registered 19/04/2006

CompanyRankvs 12+ SIC 28220 peers
69

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.08× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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

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

Key FinancialsYear ending 31/12/2023

Net Worth

£7.4M

Balance sheet strength

Cash

£738k

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

£6.5M

Working capital

Current Assets

£12.6M

Current Liabilities

£6.1M

Fixed Assets

£1.2M

Debtors

£9.6M

Cost of Sales

£20.8M

Admin Expenses

£6.7M

Profit After Tax

£1.3M

215avg. employees+49

Tax at Year End

Corp tax£115k
Dividends paid£574k

People Costs

Wages & salaries£8.9M

Balance Sheet

Intangible assets£203k
Assets less current liabilities£7.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20232.08+£211k
20222.79+£813k
20212.33+£473k
20212.64

Derived from filed accounts. Not audited figures.