Fifab Limited
14254101
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
30/09/2024
group
Next accounts due
30/06/2026
Confirmation statement
Last: 24/07/2025
Due 07/08/2026
Industry
Officers
director · Since 21/09/2022
DIRECTOR
BRITISH · SCOTLAND · Age 45
Also on 2 other boards
director · Since 21/09/2022
DIRECTOR
SCOTTISH · SCOTLAND · Age 46
Also on 4 other boards
director · Since 21/09/2022
DIRECTOR
BRITISH · SCOTLAND · Age 65
Also on 5 other boards
director · Since 21/09/2022
DIRECTOR
BRITISH · SCOTLAND · Age 64
Also on 7 other boards
secretary · Since 10/03/2023
Persons with Significant Control
Mr Michael Adrian Gare
British · England · Age 55
C/O Azets, Ship Canal House, Manchester, M2 4WU
Notified 15/03/2023
Mr William Mowbray Taylor
British · Scotland · Age 65
C/O Azets, Ship Canal House, Manchester, M2 4WU
Notified 15/03/2023
Mr Robert Alexander Waterson
British · Scotland · Age 64
C/O Azets, Ship Canal House, Manchester, M2 4WU
Notified 15/03/2023
Former PSCs
Michael Adrian Gare
Ceased 02/02/2023
Mr William Mowbray Taylor
Ceased 02/02/2023
Charges4 outstanding
THE ROYAL BANK OF SCOTLAND PLC
RBS INVOICE FINANCE LTD
MICHAEL ADRIAN GARE AS SECURITY TRUSTEE
JOHN PENMAN AS SECURITY TRUSTEE
CompanyRankvs 11900+ SIC 70100 peers24
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 30/09/2024
Net Worth
£1.7M
Balance sheet strength
Cash
£2.0M
Cash in the bank
Net Current Assets
-£1.9M
Working capital
Current Assets
£696k
Current Liabilities
£2.6M
Fixed Assets
£2.1M
Debtors
£665k
Cost of Sales
£6.5M
Admin Expenses
£553k
Profit After Tax
£721k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.27 | +£1.9M |
| 2023 | 0.34 | — |
Derived from filed accounts. Not audited figures.