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Filtertec Systems Ltd

05271991

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 14, HADLEIGH, IP7 6BQ
Incorporated 28/10/2004

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

36000
Water collection, treatment and supply

Officers

David Andrew Springall

secretary · Since 07/04/2005

ENGINEER

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mr David Andrew Springall

director · Since 07/04/2005

ENGINEER

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Persons with Significant Control

Filtertec Holdings Ltd

75–100% shares

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

charge
satisfied

BARCLAYS BANK PLC

Created 31/08/2006Registered 09/09/2006Satisfied 26/10/2021

CompanyRankvs 13+ SIC 36000 peers
89

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.83× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

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

20avg. employees+2

Balance Sheet

Assets less current liabilities£5.6M
Signed by Mr David Springall 27th August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.83+£633k
20237.01

Derived from filed accounts. Not audited figures.