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Fen-Bay Services Limited

03692535

active
Private Limited Company
england wales
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

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

Paul Eadie

secretary · Since 26/11/2021

John Robertson Aitken

director · Since 29/11/2013

British

Jason Mark Sedlan

director · Since 29/02/2020

British

Former

Donna Maria Needham

secretary · Resigned 15/01/2002

Carl Andrew Sedlan

secretary · Resigned 26/11/2021

Swift Incorporations Limited

corporate nominee secretary · Resigned 07/01/1999

Jeffrey Robert Allen

director · Resigned 08/03/1999

Wolfgang Georg Vincent Gorner

director · Resigned 01/01/2023

Martin James

director · Resigned 13/08/2025

Neil Patrick Price

director · Resigned 25/09/2013

John Robert Raynor

director · Resigned 01/09/2023

Carl Andrew Sedlan

director · Resigned 29/09/2023

Joseph Hockley Wright

director · Resigned 26/11/2021

CompanyRankvs 100+ SIC 28220 peers
79

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 -10
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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

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

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 Ratio
20232.08

Derived from filed accounts. Not audited figures.