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Fuel Additive Science Technologies Limited

05469984

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 29 ATCHAM BUSINESS PARK, SHREWSBURY, SY4 4UG
Incorporated 02/06/2005

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/05/2026

Due 08/06/2027

On track

Industry

20590
Manufacture of other chemical products

Officers

Mr Steven Cocking

director · Since 11/01/2018

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mr Paul Richard Derham

director · Since 01/01/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Anthony Richard Lowe

director · Since 18/03/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Millers Oils Limited

75–100% shares
75–100% votes
Appoint directors

Hillside Oil Works, Rastrick Common, Brighouse, HD6 3DP

Reg: 00137671 · Companies House · Private Company Limited By Shares

Notified 11/01/2018

Former PSCs

Mr Neil Ryding

Ceased 11/01/2018

Dr Robert Leslie Hall

Ceased 11/01/2018

Miss Sallyann Bell

Ceased 11/01/2018

Charges2 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 31/05/2019Registered 04/06/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/01/2018Registered 12/01/2018
Charge
satisfied

SALLYANN BELL AS TRUSTEE OF FAST PENSION SCHEME · ROBERT LESLIE HALL AS TRUSTEE OF FAST PENSION SCHEME · MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF FAST PENSION SCHEME

Created 29/05/2014Registered 02/06/2014Satisfied 31/08/2016
charge
satisfied

ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC

Created 03/05/2011Registered 13/05/2011Satisfied 14/02/2022
charge
satisfied

FAST PENSION SCHEME

Created 30/12/2009Registered 08/01/2010Satisfied 10/05/2017
charge
satisfied

CITY INVOICE FINANCE LIMITED

Created 28/09/2006Registered 03/10/2006Satisfied 10/09/2011

CompanyRankvs 1280+ SIC 20590 peers
72

Financial strength77th percentile among SIC peers · 19/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.39× · 20/20
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 strength19/25 pts

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

Employees13/15 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.

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 31/03/2025

Net Worth

£774k

Balance sheet strength

Cash

£371k

Cash in the bank

Net Current Assets

£722k

Working capital

Current Assets

£1.2M

Current Liabilities

£519k

Fixed Assets

£60k

Debtors

£520k

19avg. employees-1

Tax at Year End

Corp tax£135k

Balance Sheet

Intangible assets£0
Assets less current liabilities£782k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.39+£94k
20242.45-£218k
20232.73-£31k
20222.59+£145k
20212.03+£2k
20202.35

Derived from filed accounts. Not audited figures.