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Fabric Systems Limited

06530739

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

SUITE 4, LONDON, SW1H 0DB
Incorporated 11/03/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr John Charles Thorpe

director · Since 11/03/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 12 other boards

Mr Robert Berryman

director · Since 29/03/2013

DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Arne Molberg

director · Since 03/01/2017

DIRECTOR

DANISH · DENMARK · Age 66

CompanyRankvs 132+ SIC 43320 peers
79

Financial strength100th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.79× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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132Fabric Systems Limited
89
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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

exists that may cast significant doubt about the ability of the Company to continue as a going concern. On the basis of their assessment of the Company's financial position, the directors have a reasonable expectation that the Company will be able to continue in operational existence for the foreseeab

Key FinancialsYear ending 31/12/2024

Net Worth

£2.7M

Balance sheet strength

Cash

£119k

Cash in the bank

Net Current Assets

£2.6M

Working capital

Current Assets

£2.9M

Current Liabilities

£329k

Fixed Assets

£122k

Debtors

£2.0M

Profit After Tax

£581k

9avg. employees

Tax at Year End

Dividends paid-£500k

Balance Sheet

Assets less current liabilities£2.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20248.79+£570k
20235.08+£81k
20223.86+£441k
20213.04+£483k
20202.01-£368k
20192.49+£371k
20181.92—

Derived from filed accounts. Not audited figures.