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Victoria Drop Forgings Co.,Limited

00143164

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

MANOR WORKS,, WILLENHALL,, WV13 1AG
Incorporated 01/03/1916

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

30/07/2026

On track

Confirmation statement

Last: 03/02/2026

Due 17/02/2027

On track

Industry

25500
Forging, pressing, stamping and roll-forming of metal; powder metallurgy

Officers

Mr Geoffrey Leslie Howles

director · Since 30/10/2013

DIRECTOR WITH OVERALL RESPONSIBILITY AND

BRITISH · ENGLAND · Age 79

Also on 1 other board

Persons with Significant Control

Ghr Holdings Ltd

75–100% shares

Arbor House, Broadway North, Walsall, WS1 2AN

Reg: 08650926 · England And Wales · Ghr Holdings

Notified 01/11/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 04/11/2013Registered 08/11/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 04/11/2013Registered 05/11/2013
Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 31/10/2013Registered 01/11/2013
charge
satisfied

BARCLAYS BANK PLC

Created 29/08/1995Registered 05/09/1995Satisfied 30/10/2013
charge
satisfied

W K RAVENCROFT

Created 01/08/1974Registered 07/08/1974Satisfied 13/02/1996
charge
satisfied

BARCLAYS BANK LTD

Created 26/08/1918Registered 12/09/1918Satisfied 17/10/2013

CompanyRankvs 27+ SIC 25500 peers
74

Financial strength88th percentile among SIC peers · 22/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.7× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£2.0M

Current Liabilities

£736k

Fixed Assets

£475k

Debtors

£1.2M

22avg. employees

Tax at Year End(2022)

Corp tax£0

Balance Sheet

Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.70+£58k
20232.37+£33k
20222.32+£93k
20212.21-£33k
20202.81-£46k
20192.63+£57k
20182.49

Derived from filed accounts. Not audited figures.