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Fairfield Engineering Solutions Limited

12007097

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

RANDALL PARK WAY, RETFORD, DN22 7WF
Incorporated 20/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Michael Doney

director · Since 20/05/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Mr James Richard Chappell

director · Since 16/08/2019

ENGINEER

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Mr Oliver Miles Mangham

director · Since 16/08/2019

ENGINEER

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Mr Peter Mcmorrow

director · Since 16/08/2019

ENGINEER

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

M2df Engineering Limited

75–100% shares
75–100% votes
Appoint directors

Fairfield Control Systems, Randall Park Way, Retford, DN22 7WF

Reg: 08088377 · United Kingdom · United Kingdom

Notified 20/05/2019

Charges1 outstanding

Charge
outstanding

FAIRFIELD CONTROL SYSTEMS LIMITED

Created 16/08/2019Registered 21/08/2019

CompanyRankvs 1106+ SIC 71121 peers
67

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.86× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

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

Liquidity16/20 pts

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

Longevity7/15 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 31/12/2024

Net Worth

£461k

Balance sheet strength

Cash

£182k

Cash in the bank

Net Current Assets

£503k

Working capital

Current Assets

£1.0M

Current Liabilities

£550k

Fixed Assets

£114k

Debtors

£713k

24avg. employees+7

Tax at Year End

Corp tax£37k

Balance Sheet

Assets less current liabilities£617k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.86+£22k
20231.45+£134k
20221.76+£144k
20211.55+£118k
20201.08+£37k
20191.07

Derived from filed accounts. Not audited figures.