Back to search

Fine Environmental Services Limited

07182855

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

MIDDLESBROUGH, TS2 1UB
Incorporated 09/03/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38220
Treatment and disposal of hazardous waste

Officers

Mr Yunxuan Xue

director · Since 27/04/2022

FINANCE DIRECTOR

CHINESE · CHINA · Age 39

Also on 7 other boards

Mr Andrew Iver Laiho

director · Since 09/01/2025

DIRECTOR

AMERICAN · UNITED STATES · Age 52

Mrs Mary Louise Robinson

secretary · Since 12/03/2025

Dr Simon Christopher Rowell

director · Since 12/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 7 other boards

Persons with Significant Control

Lianhe Chemical Technology Co. Ltd

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

No. 8, Yongjiao Road, Taizhou City

Reg: 9133000014813673x3 · Zhejiang Administration For Industry & Commerce · Corporate

Notified 12/04/2017

Former PSCs

Northedge Capital Llp

Ceased 12/04/2017

Charges3 outstanding

Charge
satisfied

HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED AS SECURITY AGENT

Created 23/05/2016Registered 25/05/2016Satisfied 28/12/2022
Charge
outstanding

KEITH HANSON

Created 12/11/2013Registered 18/11/2013
Charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 12/11/2013Registered 18/11/2013Satisfied 07/06/2016
Charge
satisfied

HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED

Created 12/11/2013Registered 18/11/2013Satisfied 28/12/2022
Charge
outstanding

NORTHEDGE CAPITAL LLP

Created 12/11/2013Registered 18/11/2013
Charge
outstanding

KEITH HANSON

Created 12/11/2013Registered 18/11/2013
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 26/07/2013Registered 26/07/2013Satisfied 07/06/2016
Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD · HSBC ASSET FINANCE (UK) LTD

Created 01/07/2013Registered 06/07/2013Satisfied 17/02/2017
charge
satisfied

HSBC BANK PLC

Created 28/09/2011Registered 01/10/2011Satisfied 25/02/2025

CompanyRankvs 257+ SIC 38220 peers
23

Financial strength0th percentile among SIC peers · 0/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees11/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to the "Going concern" section of note 2 to the financial statements. This note states that the Company incurred a profit before tax of £78K during the year (2023: loss

Key FinancialsYear ending 31/12/2024

Turnover

£3.2M

Annual revenue

Net Worth

Balance sheet strength

Cash

£130k

Cash in the bank

Profit Before Tax

£78k

Bottom line earnings

Net Current Assets

-£4.0M

Working capital

Current Assets

£476k

Current Liabilities

£4.5M

Debtors

£287k

Cost of Sales

£2.4M

Gross Profit

£809k

Admin Expenses

£730k

Operating Profit

£79k

Profit After Tax

£78k

7avg. employees-1

People Costs

NI contributions£43k

Balance Sheet

Assets less current liabilities-£3.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.11
20230.05
20220.07
20210.12

Derived from filed accounts. Not audited figures.