FABSEC LIMITED

Company number 04153086 ·

Active

Executive summary

FABSEC Limited has undergone a dramatic financial restructuring in 2024, eliminating a decade-long £2.24M liability that had kept the company in persistent negative equity, resulting in positive net assets of £165,678 and strong liquidity of 7.15x current ratio. However, the operational pulse is weak—minimal trade activity, only 4 employees, and fully depleted tangible and intangible assets suggest the company is in a holding pattern rather than active growth. The prognosis depends entirely on whether the three corporate shareholders (Sherwin-name shown to subscribers UK, Severfield, and William Hare) intend to reinvigorate this joint venture or wind it up now that the balance sheet is cleansed.

Names are shown to subscribers. See subscription

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Shareholders' funds

£165,678

Balance sheet as at 2024-12-31

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What it does

A private limited company, trading in Engineering related scientific and technical consulting activities.

The company's own description, from its latest filed accounts.

Overview

Company type
Private Limited Company
Incorporated
2001-02-02
Employees
4 (2025 accounts)
Registered office
CELLBEAM LTD, Unit 516 Avenue E East, Thorp Arch Estate, Wetherby, West Yorkshire, England, LS23 7DB
Postcode
LS23 7DB
Capital
1,000 GBP
Accounts category
Total Exemption Full

Accounts

Last made up to
2025-12-31
Next due by
2027-09-30
Financial year end
31 December

Confirmation statement

Last statement dated
2026-04-05
Next due by
2027-04-19
View filing history →

Nature of business (SIC)

  • 71122 Engineering related scientific and technical consulting activities

Officers 3 current · 27 resigned

Subscribers only Director
Subscribers only Appointed 2023-04-11
Subscribers only Director
Appointed 2021-02-16
Subscribers only Director
Appointed 2020-11-01

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Group structure

Controlled by WILLIAM HARE LIMITED — since 2024-04-17

Controlled by SEVERFIELD PLC — since 2024-04-17

Controlled by SHERWIN-WILLIAMS UK LIMITED — since 2024-04-17

From persons-with-significant-control filings on the public register.

Contact details

Website
fabsec.co.uk

Previous company names

NameDate changed
JOURNALKEEP LIMITED2001-05-24

Previous registered addresses 7

AddressChanged on
1ST FLOOR, UNIT 3 CALDER CLOSE, CALDER BUSINESS PARK, WAKEFIELD, WEST YORKSHIRE, WF4 3BA2015-12-09
GISTERED OFFICE CHANGED ON 26/02/2008 FROM, PLLG LIMITED, 6/8 YORK PLACE, LEEDS, WEST YORKSHIRE, LS1 2DS2008-02-26
PLLG LIMITED, 6/8 YORK PLACE, LEEDS, WEST YORKSHIRE, LS1 2DS2008-02-26
C/O P L COMPANY SECRETARIES LTD, 6-8 YORK PLACE, LEEDS, WEST YORKSHIRE LS1 2DS2008-01-31
C/O PL COMPANY SECRETARIES LYD, 6-8 YORK PLACE, LEEDS, WEST YORKSHIRE LS1 2DS2002-03-13
KINGS COURT, 12 KING STREET, LEEDS, WEST YORKSHIRE LS1 2HL2001-06-13
12 YORK PLACE, LEEDS, WEST YORKSHIRE LS1 2DS2001-05-04

Among its peers

Top 25%

by shareholders' funds, of 154 similar companies in LS

Among the biggest employers among its local peers (4 staff).

Among the oldest 25% of its local peers, trading since 2001.

No.18 of the largest engineering related scientific and technical consulting activities companies in Leeds →

Competitors Leeds

This company ranks 18 among engineering related scientific and technical consulting activities in Leeds.

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The class of 2001

40%

of the 80,162 companies incorporated in 2001 are still active today; 57% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →