Future Engineering Developments Limited
10018232
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Stephen Rix
British · United Kingdom · Age 65
Flat 6, 1 Richmond Terrace, East Sussex, BN2 9SA
Notified 01/07/2016
Former PSCs
Ms Eileen Campbell
Ceased 01/05/2018
CompanyRankvs 1674+ SIC 27900 peers40
Show leaderboard
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 28/02/2025
Net Worth
-£2k
Balance sheet strength
Cash
£9k
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£29k
Current Liabilities
£31k
Fixed Assets
£212
Debtors
£2k
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.94 | -£8k |
| 2024 | 1.24 | -£486 |
| 2023 | 1.22 | — |
Derived from filed accounts. Not audited figures.