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Future Heating Systems Limited

08417570

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

2 BATH MEWS, CHELTENHAM, GL53 7HL
Incorporated 25/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mrs Nicola Ann Smith

director · Since 25/02/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Mr Timothy Michael Smith

director · Since 25/02/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Persons with Significant Control

Mrs Nicola Ann Smith

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

British · United Kingdom · Age 48

68, Alma Road, Cheltenham, GL51 3NB

Notified 06/04/2016

Mr Timothy Michael Smith

25–50% shares
25–50% votes
voting-rights-25-to-50-percent-as-firm

British · United Kingdom · Age 59

5, Cornflower Way, Cheltenham, GL3 4XJ

Notified 06/04/2016

CompanyRankvs 23791+ SIC 43220 peers
44

Financial strength1th percentile among SIC peers · 0/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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23791Future Heating Systems Limited
43
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.

Employees13/15 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.

Longevity14/15 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.

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

-£68k

Balance sheet strength

Cash

£23

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£27k

Current Liabilities

£110k

Fixed Assets

£39k

Debtors

£24k

4avg. employees

Tax at Year End

VAT£12k

Balance Sheet

Intangible assets£5k
Bank loans & overdrafts£3k
Assets less current liabilities-£44k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.24-£34k£246k
20240.13-£23k£174k
20230.21—£187k

Derived from filed accounts. Not audited figures.