FASGEN LIMITED
Executive Summary
FASGEN LIMITED is an early-stage manufacturer operating within the engines, turbines, and plastics sectors, characterized by significant initial capital investment and current financial net liabilities typical of start-ups in capital-intensive manufacturing. The company is positioned as a niche player with potential to leverage sector trends such as energy transition and materials innovation. Its competitive strength lies in focused leadership and asset base, but it faces challenges in liquidity and scale relative to established industry peers.
View Full Analysis Report →- Legal registered address
- Exchange Building 66 Church Street Hartlepool England TS24 7DN Copied!
Latest financial results as of 24 September 2025- Cash in bank
- £49.56k
- Current assets
- £49.57k
- Fixed assets
- £179.74k
- Current creditors
- £261.16k
- Shareholders funds
- £-31.95k
View full financial accounts- Cash in bank
- £49.56k
- Current assets
- £49.57k
- Fixed assets
- £179.74k
- Current creditors
- £261.16k
- Shareholders funds
- £-31.95k
- Company number
- 15028628 Copied!
Accounts
Latest annual accounts were to 30 June 2024
Next annual accounts are due by 31 December 2025
Company financial year end is on 31 March 2026
Confirmation statement
Latest confirmation statement statement dated 18 September 2025
Next statement due by 2 October 2026
Nature of business (SIC)
22290 - Manufacture of other plastic products
28110 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Previous company names
| Name | Date previous name changed |
|---|---|
| VELOCITY POWER TOWERS LTD | 17 September 2024 |
Latest company documents
| Date | Description |
|---|---|
| 22/09/2522 September 2025 New | Confirmation statement made on 2025-09-18 with updates |
| 29/07/2529 July 2025 New | Previous accounting period shortened from 2025-06-30 to 2025-03-31 |
| 31/03/2531 March 2025 | Termination of appointment of Neil Charles Williams as a director on 2025-03-27 |
| 11/03/2511 March 2025 | Termination of appointment of Stephen Ernest Longdon as a director on 2025-03-10 |
| 04/02/254 February 2025 | Total exemption full accounts made up to 2024-06-30 |
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