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Fitch Taylor Limited

06803874

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

FERNWOOD HOUSE FERNWOOD ROAD, NEWCASTLE UPON TYNE, NE2 1TJ
Incorporated 28/01/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
70229
Management consultancy activities

Officers

Mr Robert Laurence Taylor

director · Since 28/01/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Miss Laura Marie Drew

secretary · Since 27/10/2019

Persons with Significant Control

Mr Robert Laurence Taylor

75–100% shares

British · United Kingdom · Age 53

Fernwood House, Fernwood Road, Newcastle Upon Tyne, NE2 1TJ

Notified 06/04/2016

CompanyRankvs 167337+ SIC 68209 peers
31

Financial strength1th percentile among SIC peers · 0/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees9/15 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

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

requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements have been prepared on a going concern basis which, in the opinion of the director, is the appropriate basis. The company's ability to continue trading is dependent upon the on-going support of its shareholders. In the e

Key FinancialsYear ending 31/12/2024

Net Worth

-£318k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£963k

Working capital

Current Assets

£131k

Current Liabilities

£1.1M

Fixed Assets

£649k

Debtors

£102k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£314k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£4k
20230.20-£22k
20220.36-£24k
20210.01-£41k
20200.02
20190.02
20180.07

Derived from filed accounts. Not audited figures.