Ferrofab Engineering Ltd
11935232
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
S P Forth Holdings Ltd
1-4 London Road, Spalding, PE11 2TA
Reg: 15949298 · Companies House · Private Limited Company
Notified 02/04/2025
Former PSCs
Mr Steffan Forth
Ceased 02/04/2025
CompanyRankvs 6503+ SIC 25990 peers27
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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 31/03/2024
Net Worth
-£57k
Balance sheet strength
Cash
£14k
Cash in the bank
Net Current Assets
-£139k
Working capital
Current Assets
£68k
Current Liabilities
£207k
Fixed Assets
£122k
Debtors
£44k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.33 | -£80k |
| 2023 | 0.72 | — |
| 2022 | 0.49 | — |
| 2021 | 0.57 | — |
| 2020 | 0.47 | — |
Derived from filed accounts. Not audited figures.