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Fortress Technology (Europe) Limited

03811425

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

GRANTA LODGE, MALVERN, WR14 2JS
Incorporated 22/07/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Stephen Thomas Gidman

director · Since 22/07/1999

DIRECTOR

CANADIAN · CANADA · Age 68

Also on 7 other boards

Matthew Dylan Gidman

director · Since 22/07/2025

PRODUCT MANAGER

CANADIAN · CANADA · Age 30

Also on 1 other board

Persons with Significant Control

Fortress Technology Inc.

ownership-of-shares-75-to-100-percent-as-firm

51 Grand Marshall Drive, Scarborough, M1B 5NS

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

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Charge
outstanding

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Created 27/07/2022Registered 01/08/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/11/2018Registered 21/11/2018Satisfied 06/08/2020
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/08/2016Registered 23/08/2016Satisfied 06/08/2020
Charge
outstanding

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Created 05/06/2014Registered 18/06/2014
charge
satisfied

BARCLAYS BANK PLC

Created 28/08/2003Registered 04/09/2003Satisfied 02/08/2016

CompanyRankvs 1296+ SIC 28990 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.18× · 12/20
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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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.

Employees15/15 pts

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

Liquidity12/20 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

that, individually or collectively, may cast significant doubt on the group's and parent 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 going concern are de

Key FinancialsYear ending 30/09/2025

Net Worth

-£1.1M

Balance sheet strength

Cash

£77k

Cash in the bank

Net Current Assets

£4.5M

Working capital

Current Assets

£7.2M

Current Liabilities

£6.1M

Fixed Assets

£472k

Debtors

£92k

Cost of Sales

£6.6M

Admin Expenses

£4.4M

Profit After Tax

£336k

77avg. employees+9

Tax at Year End(2019)

Corp tax£7k

People Costs

Wages & salaries£3.3M

Balance Sheet

Intangible assets£9k
Assets less current liabilities£440k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.18+£336k
20243.86+£3.1M
20230.43-£4.6M
20192.05

Derived from filed accounts. Not audited figures.