{"name":"FABSEC LIMITED","company_number":"04153086","status":"Active","type":"Private Limited Company","incorporated":"2001-02-02","dissolved":null,"registered_office":"CELLBEAM LTD, Unit 516 Avenue E East, Thorp Arch Estate, Wetherby, West Yorkshire, England, LS23 7DB","postcode":"LS23 7DB","sic_codes":[{"code":71122,"description":"Engineering related scientific and technical consulting activities"}],"principal_activity":"A private limited company, trading in Engineering related scientific and technical consulting activities.","previous_names":[{"name":"JOURNALKEEP LIMITED","changed_on":"2001-05-24"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":4,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","average_employees":4},{"financial_date":"2024-12-31","average_employees":4},{"financial_date":"2023-12-31","net_assets":-852958,"cash":461987,"average_employees":5},{"financial_date":"2022-12-31","net_assets":-902063,"cash":477056},{"financial_date":"2021-12-31","net_assets":-959245,"cash":437885}],"officers":{"current":3,"resigned":27,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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 withheld] UK, Severfield, and William Hare) intend to reinvigorate this joint venture or wind it up now that the balance sheet is cleansed.","website":"https://fabsec.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/fabsec","people":"https://www.companiesintheuk.co.uk/company/fabsec/people","filing_history":"https://www.companiesintheuk.co.uk/company/fabsec/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04153086","financials":"https://www.companiesintheuk.co.uk/company/fabsec/financial","control":"https://www.companiesintheuk.co.uk/company/fabsec/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/fabsec/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/fabsec"}