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Fjord Engineering Ltd

10327851

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

58B HIGH STREET, MILTON KEYNES, MK11 1AQ
Incorporated 12/08/2016

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 06/08/2025

Due 20/08/2026

On track

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Caroline Patricia Madden

secretary · Since 12/08/2016

Mr Luke James Madden

director · Since 12/08/2016

CONSULTING ENGINEER

BRITISH · UNITED KINGDOM · Age 34

Persons with Significant Control

Caroline Patricia Madden

25–50% shares

British · United Kingdom · Age 63

58b, High Street, Milton Keynes, MK11 1AQ

Notified 12/08/2016

James Michael Madden

25–50% shares

British · United Kingdom · Age 68

58b, High Street, Milton Keynes, MK11 1AQ

Notified 12/08/2016

Mr Luke James Madden

25–50% shares

British · United Kingdom · Age 34

58b, High Street, Milton Keynes, MK11 1AQ

Notified 12/08/2016

Charges1 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 23/07/2020Registered 05/08/2020

CompanyRankvs 15136+ SIC 71122 peers
34

Financial strength1th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£218k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£36k

Current Liabilities

£44k

3avg. employees+3
Prepared with v2026.14.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.81-£6k
202410.56-£2k
20230.56
20220.15
20211.23-£17k
20201.41
20190.03
20184.17

Derived from filed accounts. Not audited figures.