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Fernacre Solutions Limited

04568395

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

30 SIMONS CLOSE, EAST SUSSEX, TN6 2XU
Incorporated 21/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
68209
Other letting and operating of own or leased real estate

Officers

Hun Yoong Ferns

secretary · Since 01/11/2002

REGISTERED NURSE

MALAYSIAN · UNITED KINGDOM · Age 74

Also on 11 other boards

Mr Felix Joseph Ferns Fcca

director · Since 01/11/2002

QUAL ACCOUNTANT

MALAYSIAN · ENGLAND · Age 75

Also on 3 other boards

Hun Yoong Ferns

director · Since 01/11/2002

REGISTERED NURSE

MALAYSIAN · UNITED KINGDOM · Age 74

Also on 11 other boards

Persons with Significant Control

Mr Felix Joseph Ferns

25–50% shares
25–50% votes
Appoint directors

Malaysian · England · Age 75

30 Simons Close, East Sussex, TN6 2XU

Notified 01/07/2016

Charges2 outstanding

charge
outstanding

MORTGAGE EXPRESS

Created 28/09/2007Registered 04/10/2007
charge
outstanding

BARCLAYS BANK PLC

Created 23/06/2006Registered 24/06/2006

CompanyRankvs 42562+ SIC 62020 peers
48

Financial strength96th percentile among SIC peers · 24/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 2/20
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 strength24/25 pts

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

Employees2/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 20/10/2024

Net Worth

£362k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£490k

Working capital

Current Assets

£3k

Current Liabilities

£493k

Fixed Assets

£229k

0avg. employees

Balance Sheet

Assets less current liabilities£261k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£712k
20230.01

Derived from filed accounts. Not audited figures.