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Fasgen Limited

15028628

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

EXCHANGE BUILDING, HARTLEPOOL, TS24 7DN
Incorporated 25/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products
28110
Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

Officers

Mr Stephen John Davis

director · Since 25/07/2023

CHAIR PERSON

BRITISH · ENGLAND · Age 60

Mr Simon Michael Close

director · Since 15/06/2024

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 61

Also on 5 other boards

Persons with Significant Control

Mr Stephen John Davis

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

British · England · Age 60

Exchange Building, 66 Church Street, Hartlepool, TS24 7DN

Notified 25/07/2023

CompanyRankvs 3042+ SIC 22290 peers
26

Financial strength2th percentile among SIC peers · 1/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 pts

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

Liquidity2/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£255k

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

-£411k

Working capital

Current Assets

£4k

Current Liabilities

£415k

Fixed Assets

£156k

Debtors

£4k

1avg. employees

Balance Sheet

Assets less current liabilities-£255k
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£223k
20240.19

Derived from filed accounts. Not audited figures.