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Foster Technology Limited

14991138

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

FUTURE SPACE UWE NORTH GATE, BRISTOL, BS34 8RB
Incorporated 10/07/2023

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 09/07/2025

Due 23/07/2026

On track

Industry

71121
Engineering design activities for industrial process and production
71122
Engineering related scientific and technical consulting activities

Officers

Dr. Zheng Jiang

director · Since 10/07/2023

PROFESSOR

BRITISH · UNITED KINGDOM · Age 45

Dr Anthony Hooley

director · Since 08/01/2024

SCIENTIST

ENGLISH · ENGLAND · Age 76

Persons with Significant Control

Dr. Zheng Jiang

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

Chinese · United Kingdom · Age 45

Future Space, Uwe North Gate, Bristol, BS34 8RB

Notified 10/07/2023

CompanyRankvs 7264+ SIC 71121 peers
26

Financial strength7th percentile among SIC peers · 2/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 pts

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

Liquidity6/20 pts

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

Longevity3/15 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

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

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/07/2024

Net Worth

-£12k

Balance sheet strength

Cash

£219k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£235k

Current Liabilities

£250k

Fixed Assets

£3k

Debtors

£15k

2avg. employees

Director Loans

Company owes directors£240k

Balance Sheet

Assets less current liabilities-£12k
Signed by Dr. Zheng Jiang 14 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.94

Derived from filed accounts. Not audited figures.