The Firmwatch take
Fides Projects Limited is a 15-year-old information technology, active on the Companies House register. The latest filed accounts (year to 31 March 2025) show GBP 2k in net assets, with 2 cautionary signals worth monitoring. No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
30 March 2011
15 years on the register
Sector
Information technology consultancy
SIC 62020
Size
Not classified
Net assets
£2k
Below sector median
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
£2k
Below sector median · sector median £2k · 149,047 IT firms
Cash
Not disclosed
Working cap.
−£2k
Median £6k
Current ratio
0.4×
Median 1.6×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · OX26 6AD
115 other UK companies registered at this postcode.
Active
109
Dissolved
1
Strike-off action
5
People
Who runs this company
- FA
FAWSITT, Adam
director · since 2011
Registered office
Address intelligence
115 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Sector benchmark · Information Technology
How this company compares in 149,047 IT firms
Below sector median — Fides Projects Limited shows £2k in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.