Filtertec Systems Ltd
05271991
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 07/04/2005
ENGINEER
BRITISH · ENGLAND · Age 63
Also on 1 other board
director · Since 07/04/2005
ENGINEER
BRITISH · UNITED KINGDOM · Age 63
Also on 2 other boards
Persons with Significant Control
Filtertec Holdings Ltd
Unit 14, Lady Lane Industrial Estate, Ipswich, IP7 6BQ
Reg: 06662668 · United Kingdom Register Of Companies · Limited Company
Notified 01/08/2022
Former PSCs
Mr David Andrew Springall
Ceased 01/08/2022
Charges0 outstanding
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CompanyRankvs 15+ SIC 36000 peers89
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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
£5.5M
Balance sheet strength
Cash
£3.4M
Cash in the bank
Net Current Assets
£4.8M
Working capital
Current Assets
£5.5M
Current Liabilities
£698k
Fixed Assets
£820k
Debtors
£1.6M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 7.83 | +£633k |
| 2023 | 7.01 | +£779k |
| 2022 | 5.54 | +£727k |
| 2021 | 6.44 | +£337k |
| 2020 | 6.48 | +£455k |
| 2019 | 5.73 | +£236k |
| 2018 | 5.74 | — |
Derived from filed accounts. Not audited figures.