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Fairgrieve Composites Limited

07368863

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

15 SEDLING ROAD, WASHINGTON, NE38 9BZ
Incorporated 08/09/2010

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/09/2025

Due 22/09/2026

On track

Industry

22290
Manufacture of other plastic products

Officers

Mr Daniel William Beaumont

director · Since 30/04/2021

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 43

Also on 20 other boards

Mr Barry Davidson

director · Since 20/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Riversleigh Limited

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

11, Riversleigh Avenue, Lytham St Annes, FY8 5QZ

Reg: 12626258 · Companies House · Private Limited Company

Notified 30/04/2021

Former PSCs

Mr Stephen Charles Biggins

Ceased 30/04/2021

Mrs Linda Biggins

Ceased 30/04/2021

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 05/08/2023Registered 08/08/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 31/03/2014Registered 12/04/2014
Charge
outstanding

BARCLAYS BANK PLC

Created 11/02/2014Registered 14/02/2014
Charge
satisfied

HSBC BANK PLC

Created 14/06/2013Registered 15/06/2013Satisfied 03/06/2014

CompanyRankvs 526+ SIC 22290 peers
69

Financial strength70th percentile among SIC peers · 18/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.95× · 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 strength18/25 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.

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 31/12/2024

Net Worth

£273k

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

£199k

Working capital

Current Assets

£267k

Current Liabilities

£68k

Fixed Assets

£87k

Debtors

£179k

9avg. employees-3

Balance Sheet

Assets less current liabilities£286k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20243.95-£139k
20232.92+£63k
20232.21-£121k
20223.73

Derived from filed accounts. Not audited figures.