Back to search

Fm:Systems Europe Limited

06949218

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

SECURITY HOUSE THE SUMMIT, SUNBURY-ON-THAMES, TW16 5DB
Incorporated 01/07/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Mark Albert Hill

director · Since 07/11/2024

ATTORNEY

AMERICAN · SWITZERLAND · Age 43

Also on 1 other board

Persons with Significant Control

Fms Europe Holdings Limited

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

Security House The Summit, Hanworth Road, Sunbury-On-Thames, TW16 5DB

Reg: 12246471 · Companies House · Private Company Limited By Shares

Notified 02/12/2019

Former PSCs

Mr Simon Robert Watts

Ceased 09/04/2018

Asure Software, Inc.

Ceased 02/12/2019

CompanyRankvs 55882+ SIC 62020 peers
45

Financial strength16th percentile among SIC peers · 4/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Technology Means Business Limited
90
2Carr Royd Parks Limited
90
3Concentration Heat And Momentum Limited
90
4Quill Pinpoint Limited
90
5Tba Doncaster Limited
90
6Optio Systems Limited
90
7Intech Limited
90
8Hamilton Grant Software Ltd.
90
9Amshire Solutions Limited
90
10Communications Software (Airline Systems) Limited
90
55882Fm:Systems Europe Limited
51
How is this score calculated?
Financial strength4/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/12/2023

Net Worth

£0

Balance sheet strength

Cash

£71k

Cash in the bank

Profit Before Tax

£852k

Bottom line earnings

Net Current Assets

-£128k

Working capital

Current Assets

£7.4M

Current Liabilities

£7.5M

Fixed Assets

£1.3M

Debtors

£6.1M

Cost of Sales

£2.7M

Admin Expenses

£5.5M

Profit After Tax

£505k

50avg. employees

Tax at Year End

Corp tax£390k

People Costs

Wages & salaries£3.1M

Balance Sheet

Assets less current liabilities£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.98

Derived from filed accounts. Not audited figures.