FAN SYSTEMS GROUP LIMITED
Company number 00479576 · Monitor this company
Executive summary
Fan Systems Group Limited presents a mixed financial picture: long-term equity strength with net assets growing 275% over four years to £752K, but acute cash flow concerns with only £18K in cash against £3.35M in current liabilities. The company is heavily reliant on debtors (77% of current assets) and carries significant leverage at 82% of total assets, making it vulnerable to payment delays or unexpected costs. Immediate priority should be given to improving cash collection, negotiating better payment terms, and establishing adequate cash reserves to ensure this 74-year-old business can weather short-term financial stress.
Shareholders' funds
£752,459
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1950-03-16
- Employees
- 77 (2024 accounts · was 71 in 2023)
- Registered office
- Witt House Wade House Road, Shelf, Halifax, West Yorkshire, HX3 7BJ
- Postcode
- HX3 7BJ
- Capital
- 57,926 GBP
- Accounts category
- Small
- Charges
- 5 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-06-30
- Next due by
- 2027-07-14
Nature of business (SIC)
- 28990 Manufacture of other special-purpose machinery not elsewhere classified
Officers 5 current · 18 resigned
Group structure
Controlled by WITT & SON UK HOLDINGS LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Contact details
Previous registered addresses 3
| Address | Changed on |
|---|---|
| WITT HOUSE, BROOKWOODS INDUSTRIAL ESTATE, BURRWOOD WAY HOLYWELL GREEN, HALIFAX WEST YORKSHIRE, HX4 9BH | 2015-05-14 |
| HOLLYBANK WORKS, ROCHDALE ROAD, GREETLAND, HALIFAX HX4 8HB | 2005-08-01 |
| SCOTTISH PROVIDENT HOUSE, 52 BROWN STREET, MANCHESTER, M2 2LD | 1992-01-22 |
Among its peers
3rd largest employer
of 8 similar companies in HX, with 77 staff. The oldest of its local peers.
Competitors Halifax
This company ranks 4 among manufacture of other special-purpose machinery not elsewhere classified in Halifax.