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Finest Fabrication Ltd

10898125

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

UNIT 1 BARFORE COURT, BIRMINGHAM, B7 5AF
Incorporated 03/08/2017

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 07/08/2025

Due 21/08/2026

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Samuel Laurence Barnes

secretary · Since 03/08/2017

Mr Samuel Laurence Barnes

director · Since 03/08/2017

FITTER

BRITISH · ENGLAND · Age 33

Mr Andrew Lawrence Barnes

director · Since 07/08/2019

PRODUCTION DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mr Colin Bluck

director · Since 07/08/2019

SALES DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Samuel Laurence Barnes

Significant control

British · England · Age 33

37 Stirling Road, Sutton Coldfield, B73 6PS

Notified 03/08/2017

Mr Colin Bluck

Significant control

British · England · Age 49

Unit 1, Barfore Court, Birmingham, B7 5AF

Notified 07/08/2019

Mr Andrew Lawrence Barnes

Significant control

British · England · Age 65

Unit 1, Barfore Court, Birmingham, B7 5AF

Notified 07/08/2019

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 21/12/2022Registered 21/12/2022
Charge
outstanding

LLOYDS BANK PLC

Created 09/08/2022Registered 12/08/2022

CompanyRankvs 1275+ SIC 25990 peers
68

Financial strength85th percentile among SIC peers · 21/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.66× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 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.

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2024

Net Worth

£789k

Balance sheet strength

Cash

£437k

Cash in the bank

Net Current Assets

£717k

Working capital

Current Assets

£987k

Current Liabilities

£269k

Fixed Assets

£207k

Debtors

£549k

21avg. employees+1

Balance Sheet

Assets less current liabilities£924k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.66+£170k
20232.58+£158k
20222.80
20213.22
20201.20+£25k
20191.98+£137k
20180.21

Derived from filed accounts. Not audited figures.