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Fgp Systems Limited

09794421

active
Private Limited Company
england wales
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

4TH FLOOR 24 OLD BOND STREET, LONDON, W1S 4AW
Incorporated 25/09/2015

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 03/09/2025

Due 17/09/2026

On track

Industry

25620
Machining

Officers

Sir Peter Wall

director · Since 31/01/2019

CHAIRMAN

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mr Ashley Charles Anderson Reek

director · Since 29/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 16 other boards

Cossey Cosec Services Limited

secretary · Since 29/01/2024

Also on 236 other boards

W17s Directors Limited

director · Since 29/01/2024

Also on 5 other boards

Miss Kirsty Louise Rollo

director · Since 26/11/2024

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Mr Stephen George Cranfield

director · Since 26/11/2024

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Ms Alison Chorley

director · Since 26/11/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

W17s Directors Limited

Significant control

4th Floor, 24 Old Bond Street, London, W1S 4AW

Reg: 15288762 · Companies House · Private Company Limited By Shares

Notified 29/01/2024

Fgps Holdings Limited

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

4th Floor, 24 Old Bond Street, London, W1S 4AW

Reg: 17130354 · Companies House · Private Limited Company

Notified 01/04/2026

Former PSCs

Cyrus Investment Management Llp

Ceased 01/08/2018

Fgp Group Ltd

Ceased 29/01/2024

Fgp Group Holdings Limited

Ceased 01/04/2026

Charges8 outstanding

Charge
outstanding

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Charge
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Created 19/09/2025Registered 19/09/2025
Charge
outstanding

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Created 24/06/2025Registered 01/07/2025
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outstanding

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Created 24/06/2025Registered 26/06/2025
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outstanding

JCP FIVE LIMITED (AS SECURITY AGENT)

Created 29/01/2024Registered 02/02/2024
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outstanding

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Created 29/01/2024Registered 01/02/2024
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outstanding

JCP FIVE LIMITED (AS SECURITY AGENT)

Created 17/11/2023Registered 21/11/2023
Charge
outstanding

JCP FIVE LIMITED (AS SECURITY AGENT)

Created 17/11/2023Registered 21/11/2023
Charge
satisfied

SPRK CAPITAL LIMITED

Created 22/12/2022Registered 23/12/2022Satisfied 16/11/2023
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satisfied

LLOYDS BANK PLC

Created 03/02/2021Registered 04/02/2021Satisfied 04/01/2024
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LLOYDS BANK PLC

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LLOYDS BANK COMMERCIAL FINANCE LTD

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RBS INVOICE FINANCE LIMITED

Created 23/12/2015Registered 23/12/2015Satisfied 28/08/2019
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satisfied

FUNDAMENTAL ENGINEERING LIMITED

Created 28/09/2015Registered 12/10/2015Satisfied 06/01/2023

CompanyRankvs 1791+ SIC 25620 peers
23

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 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.

Longevity11/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/03/2025

Turnover

£11.8M

Annual revenue

Net Worth

-£2.8M

Balance sheet strength

Cash

£37k

Cash in the bank

Profit Before Tax

-£1.0M

Bottom line earnings

Net Current Assets

-£5.2M

Working capital

Current Assets

£3.9M

Current Liabilities

£9.1M

Fixed Assets

£3.4M

Debtors

£2.4M

Cost of Sales

£7.1M

Gross Profit

£4.8M

Admin Expenses

£5.1M

Operating Profit

-£479k

Profit After Tax

-£1.2M

113avg. employees+3

People Costs

Wages & salaries£3.8M
NI contributions£525k

Balance Sheet

Intangible assets£19k
Assets less current liabilities-£1.8M
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.43-£4.7M
20211.70-£647k
20201.54

Derived from filed accounts. Not audited figures.