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Nfm Europe Limited

03703984

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNITS 125-126 BROOKFIELD PLACE, BAMBER BRIDGE, PR5 8BF
Incorporated 28/01/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Scott Lamar Swallen

secretary · Since 10/02/1999

AMERICAN · Age 73

Also on 3 other boards

Paul Richard Roberson

director · Since 10/02/1999

VICE PRESIDENT

AMERICAN · Age 63

Mr Scott Lamar Swallen

director · Since 16/11/2000

CFO

AMERICAN · Age 73

Also on 3 other boards

Charges1 outstanding

charge
satisfied

HSBC BANK PLC

Created 06/07/2005Registered 08/07/2005Satisfied 16/05/2013
charge
satisfied

HSBC BANK PLC

Created 30/03/2005Registered 31/03/2005Satisfied 16/05/2013
charge
outstanding

THE FIRST NATIONAL BANK OF CHICAGO AND BANK ONE N.A.

Created 06/09/1999Registered 13/09/1999

CompanyRankvs 1659+ SIC 28990 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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1659Nfm Europe Limited
44
How is this score calculated?
Financial strength0/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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

financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern These financial statements are prepared on the going concern basis however, the directors are aware of a material uncertainty which may cast significant doubt on the company’s ability to

Key FinancialsYear ending 30/04/2024

Net Worth

-£810k

Balance sheet strength

Cash

£141k

Cash in the bank

Net Current Assets

-£933k

Working capital

Current Assets

£496k

Current Liabilities

£1.4M

Fixed Assets

£133k

Debtors

£196k

14avg. employees+4

Balance Sheet

Assets less current liabilities-£800k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.35-£339k
20230.63+£223k
20220.42-£247k
20210.48—

Derived from filed accounts. Not audited figures.