Fuel Ignition Ltd
07839668
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/11/2011
ELECTRICAL ENGINEER
BRITISH · ENGLAND · Age 60
Also on 2 other boards
Persons with Significant Control
Mr Simon David Vine
British · United Kingdom · Age 60
Unit 13 Stratfield Park, Elettra Avenue, Waterlooville, PO7 7XN
Notified 01/04/2017
Former PSCs
Mr Simon David Vine
Ceased 01/04/2017
Mr William Joseph Reynolds
Ceased 20/05/2021
CompanyRankvs 1947+ SIC 25620 peers38
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
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
-£4k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£4k
Working capital
Current Assets
£1k
Current Liabilities
£5k
Fixed Assets
£500
Debtors
£415
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.27 | -£10k |
| 2024 | 0.70 | -£3k |
| 2023 | 0.43 | -£12k |
| 2022 | 0.90 | +£4k |
| 2021 | 1.56 | -£12k |
| 2020 | 0.27 | -£45k |
| 2019 | 2.71 | — |
Derived from filed accounts. Not audited figures.