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Fns 2 Works Limited

10896140

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O IDEAL CORPORATE SOLUTIONS LTD, LANCASTER HOUSE, BOLTON, BL1 4QZ
Incorporated 02/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities

Officers

Mr Christopher Stanley Hart

director · Since 02/08/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 7 other boards

Mr Christopher Michael Walton

director · Since 02/08/2017

TELECOMMUNICATIONS ENGINEER

BRITISH · ENGLAND · Age 46

Also on 4 other boards

Mr Stephen Walton

director · Since 02/08/2017

TELECOMMUNICATIONS ENGINEER

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Mr James Edward Warburton

director · Since 02/08/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Makehappen Group Limited

75–100% shares
75–100% votes

Unit 2 Intermezzo Drive, Stourton, United Kingdom, LS10 1DF

Reg: 11735931 · England And Wales · Limited Company

Notified 03/04/2019

Charges1 outstanding

Charge
outstanding

CLYDESDALE BANK PLC

Created 01/12/2020Registered 03/12/2020

CompanyRankvs 15+ SIC 61900 peers
4

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
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.

Employees0/15 pts

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

Liquidity0/20 pts

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

Longevity9/15 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

10896140) Notes to the Financial Statements - continued for the year ended 30 June 2021 10. Disclosure under Section 444(5B) of the Companies Act 2006 - continued Material uncertainty related to going concern We draw attention to Note 3, going concern accounting policy in the financial statements, which indicates that the Company is part of a cross guarantee arrangement with HMRC and loan creditor

Key FinancialsYear ending 30/06/2021

Net Worth

-£3.5M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£3.5M

Working capital

Current Assets

—

Current Liabilities

£3.5M

0avg. employees-143

People Costs(2020)

Wages & salaries£7.0M
NI contributions£661k

Balance Sheet

Assets less current liabilities-£3.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2021—+£0
20200.50—

Derived from filed accounts. Not audited figures.