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Fisher Leak Systems Limited

03792961

active
Private Limited Company
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

40 MIDDLEMORE LANE WEST, WALSALL, WS9 8EF
Incorporated 21/06/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation

Officers

Mr Mark John Fisher

director · Since 21/06/1999

ENGINEER

BRITISH · ENGLAND · Age 56

Also on 6 other boards

Persons with Significant Control

Fisher Leak Group Limited

75–100% shares
75–100% votes

389, Lichfield Road, Birmingham, B6 7SS

Reg: 06452849 · England And Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

ECAPITAL COMMERCIAL FINANCE LIMITED

Created 28/09/2023Registered 02/10/2023
Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 18/09/2019Registered 20/09/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/02/2008Registered 06/03/2008Satisfied 20/04/2020
charge
satisfied

HSBC BANK PLC

Created 06/01/2003Registered 08/01/2003Satisfied 06/03/2008

CompanyRankvs 253+ SIC 26511 peers
68

Financial strength77th percentile among SIC peers · 19/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.83× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 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.

Liquidity16/20 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 30/12/2024

Net Worth

£557k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£547k

Working capital

Current Assets

£1.0M

Current Liabilities

£563k

Fixed Assets

£35k

Debtors

£712k

16avg. employees+3

Tax at Year End(2019)

Corp tax£34k

Balance Sheet

Assets less current liabilities£582k
Signed by 03792961 2023-12-31 2024-12-30 03792961 2024-12-30 03792961 core:CurrentFinancialInstruments 2024-12-30 03792961 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.83+£858
20231.88+£110k
20221.97+£95k
20211.79+£175k
20201.75-£751k
20191.98+£148k
20181.98

Derived from filed accounts. Not audited figures.