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Faws Engineering Ltd

13062036

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 3 TODD DRUMS BUILDINGS, WIDNES, WA8 0NS
Incorporated 04/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Brian Hodson

director · Since 04/12/2020

FABRICATOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Sean Hodson

director · Since 07/09/2021

SELF EMPLOYED

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr Brian Hodson

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

British · England · Age 60

Unit 3 Todd Drums Buildings, Ditton Road, Widnes, WA8 0NS

Notified 04/12/2020

CompanyRankvs 4081+ SIC 25990 peers
57

Financial strength46th percentile among SIC peers · 12/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees8/15 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.

Longevity6/15 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.

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

£21k

Balance sheet strength

Cash

£252

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£45k

Current Liabilities

£29k

Fixed Assets

£23k

Debtors

£5k

3avg. employees

Tax at Year End

Corp tax£7k
VAT£4k

Director Loans

Company owes directors£17k

Balance Sheet

Assets less current liabilities£39k
Signed by Mr Brian Hodson 28/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.56+£9k£88k
20231.20-£17k£88k
20221.50£2k
20211.05£1k

Derived from filed accounts. Not audited figures.