Failsafe Heating Limited
03896412
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 17/12/2025
Due 31/12/2026
Industry
Officers
director · Since 14/01/2000
HEATING ENGINEER
BRITISH · UNITED KINGDOM · Age 48
Also on 1 other board
Persons with Significant Control
Mr Thomas William Miller
British · United Kingdom · Age 48
4 Duke Street, Sheffield, S20 5DG
Notified 01/12/2016
Former PSCs
Mr Martyn Thomas Miller
Ceased 01/12/2016
CompanyRankvs 25431+ SIC 96090 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£38k
Balance sheet strength
Cash
£36k
Cash in the bank
Net Current Assets
£33k
Working capital
Current Assets
£87k
Current Liabilities
£53k
Fixed Assets
£6k
Debtors
£43k
Tax at Year End(2018)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.63 | -£8k |
| 2023 | 1.92 | -£11k |
| 2022 | 2.03 | -£5k |
| 2021 | 2.39 | +£14k |
| 2020 | 1.65 | +£41k |
| 2019 | 1.22 | — |
| 2018 | 1.13 | — |
Derived from filed accounts. Not audited figures.