Back to search

Finetech Engineering Limited

07917179

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

17 FRYTH MEAD, ST. ALBANS, AL3 4TN
Incorporated 20/01/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Andrew Neil Carruthers

director · Since 20/01/2012

DIRECTOR

BRITISH · ENGLAND · Age 61

Mrs Helen Carruthers

director · Since 20/01/2012

DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mrs Helen Carruthers

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

17, Fryth Mead, St. Albans, AL3 4TN

Notified 06/04/2016

Mr Andrew Neil Carruthers

25–50% shares
25–50% votes
Appoint directors

British · England · Age 61

17, Fryth Mead, St. Albans, AL3 4TN

Notified 06/04/2016

CompanyRankvs 3294+ SIC 71129 peers
64

Financial strength78th percentile among SIC peers · 20/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.42× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Christie & Grey Limited
90
2Giltbrook Dyers And Cleaners Limited(The)
90
3Boro Foundry Limited(The)
90
4Sleeman & Hawken Limited
90
5Glebe Engineering Limited
90
6Bindon Engineering Company Limited
90
7Corrosion Technology Services Europe Limited
90
8Mel Aviation Limited
90
9Accurate Cutting Services Limited
90
10Isolated Systems Limited
90
3294Finetech Engineering Limited
73
How is this score calculated?
Financial strength20/25 pts

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

Employees4/15 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

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

2006. The financial statements are presented in Pounds Sterling (£), which is the company’s functional currency. All amounts have been rounded to the nearest pound, unless otherwise indicated. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going c

Key FinancialsYear ending 31/01/2026

Net Worth

£53k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

£53k

Working capital

Current Assets

£90k

Current Liabilities

£37k

Debtors

£51k

1avg. employees-1

Tax at Year End

Corp tax£8k
VAT£4k

Director Loans

Company owes directors£3k
Directors owe company£342

Balance Sheet

Assets less current liabilities£53k
Signed by Mr Andrew Neil Carruthers 14 July 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20262.42+£27k£74k
20253.25-£12k—
20249.37+£10k—
20231.99——

Derived from filed accounts. Not audited figures.