Fab Mechanical Ltd
10286561
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Barnaby Wright
British · England · Age 39
21, Beehive Green, Welwyn Garden City, AL7 4BG
Notified 19/07/2016
Ms Lina Normantaite
British · England · Age 41
21, Beehive Green, Welwyn Garden City, AL7 4BG
Notified 19/07/2020
CompanyRankvs 3392+ SIC 43290 peers74
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£1.3M
Balance sheet strength
Cash
£904k
Cash in the bank
Net Current Assets
£1.3M
Working capital
Current Assets
£1.7M
Current Liabilities
£376k
Fixed Assets
£27k
Debtors
£780k
Tax at Year End(2022)
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.48 | +£1.2M |
| 2023 | 4.37 | +£6k |
| 2022 | 2.79 | +£115k |
| 2021 | 1.04 | -£25k |
| 2020 | 2.97 | -£98k |
| 2019 | 1.93 | -£63k |
| 2018 | 2.34 | — |
Derived from filed accounts. Not audited figures.