Fortis Motors Engineering Holding Ltd
12988641
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Vasyl Hrytsak
Ukrainian · Ukraine · Age 59
12, Mulberry Place, London, SE9 6AR
Notified 02/11/2020
CompanyRankvs 1310+ SIC 64202 peers16
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
or need exists, the financial statements may have to be prepared on a different basis. No materail uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the director. As a result, the director has adopted the going concern basis of accounting. 2 Employees 2024 2023 Number Number Average number of persons employed
Key FinancialsYear ending 30/11/2024
Net Worth
-£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£27k
Working capital
Current Assets
—
Current Liabilities
£170k
Debtors
£143k