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Federal Aerospace Engineering Limited

06837874

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

TRAFALGAR WORKS, WOLVERHAMPTON, WV2 2HX
Incorporated 05/03/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Ivor Raymond Dring

director · Since 05/03/2009

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 12 other boards

Mrs Marilyn Dring

secretary · Since 03/01/2013

Persons with Significant Control

Goldring Engineering Limited

75–100% shares

Trafalgar Works, Cable Street, Wolverhampton, WV2 2HX

Notified 31/08/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/06/2009Registered 12/06/2009

CompanyRankvs 1036+ SIC 32990 peers
74

Financial strength85th percentile among SIC peers · 21/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 7.54× · 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 strength21/25 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

£540k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£445k

Working capital

Current Assets

£513k

Current Liabilities

£68k

Fixed Assets

£102k

11avg. employees

Balance Sheet

Assets less current liabilities£547k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20257.54+£18k
20244.97+£43k
20233.87+£92k
20223.29-£145k
20213.46+£59k
20202.98+£26k
20192.24

Derived from filed accounts. Not audited figures.