Firetec Systems Limited
08509442
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/01/2021
OPERATIONS DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 1 other board
Persons with Significant Control
Mr Nitinkumar Shah
Indian · India · Age 69
6 The Business Centre, Molly Millars Lane, Wokingham, RG41 2QZ
Notified 01/05/2026
Former PSCs
Mr Keith Leslie Goodall
Ceased 01/04/2021
Mr. Jamie Morris
Ceased 02/04/2024
Mr Veer Rahul Sanghvi
Ceased 10/02/2026
Nitin Ventures Fze
Ceased 01/05/2026
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 12437+ SIC 32990 peers26
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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.
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
-£510k
Balance sheet strength
Cash
£91k
Cash in the bank
Net Current Assets
-£531k
Working capital
Current Assets
£1.9M
Current Liabilities
£2.4M
Fixed Assets
£36k
Debtors
£976k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.78 | -£45k |
| 2024 | 0.83 | — |
Derived from filed accounts. Not audited figures.