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Hughes Forrest Limited

00926615

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)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

BOLT STREET, SOUTH WALES, NP20 2UP
Incorporated 31/01/1968

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

46130
Agents involved in the sale of timber and building materials

Officers

Mr David Frederick Edwards

director · Since 09/02/1995

CHARTERED ACCOUNTANT

BRITISH · WALES · Age 79

Also on 9 other boards

Mr Richard Brian

secretary · Since 01/03/2003

BRITISH · WALES · Age 52

Also on 5 other boards

Mr Richard Brian

director · Since 01/02/2005

BUILDERS MERCHANT

BRITISH · WALES · Age 52

Also on 5 other boards

Mr Nicholas John Bulpin

director · Since 01/02/2005

BUILDERS MERCHANT

BRITISH · WALES · Age 62

Also on 1 other board

Persons with Significant Control

Mrs Elizabeth Thomas

25–50% shares

British · Wales · Age 49

Bolt Street, South Wales, NP20 2UP

Notified 20/10/2016

Mr Richard Brian

25–50% shares

British · Wales · Age 52

Bolt Street, South Wales, NP20 2UP

Notified 20/10/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 20/09/2017Registered 29/09/2017
charge
outstanding

BARCLAYS BANK PLC

Created 02/08/2012Registered 23/08/2012
charge
satisfied

PRINCIPALITY BUILDING SOCIETY

Created 02/03/2007Registered 07/03/2007Satisfied 27/08/2020
charge
outstanding

BARCLAYS BANK PLC

Created 20/09/1999Registered 07/10/1999
charge
satisfied

MARLENE MARY LEWIS

Created 13/02/1995Registered 17/02/1995Satisfied 22/07/2009
charge
satisfied

BRIAN ROBERT LEWIS

Created 13/02/1995Registered 17/02/1995Satisfied 22/07/2009
charge
satisfied

DESMOND WILLIAM BRIAN

Created 13/02/1995Registered 17/02/1995Satisfied 17/09/1996
charge
satisfied

FRANCIS GEORGE TOPLIS

Created 23/05/1994Registered 27/05/1994Satisfied 17/02/1995
charge
satisfied

BARCLAYS BANK PLC

Created 15/11/1989Registered 29/11/1989Satisfied 21/03/1995
charge
satisfied

BARCLAYS BANK PLC

Created 15/11/1989Registered 24/11/1989Satisfied 21/03/1995
charge
satisfied

MIDLAND BANK PLC

Created 04/03/1986Registered 11/03/1986Satisfied 16/12/1989

CompanyRankvs 15+ SIC 46130 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.32× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
1Harris & Bailey Limited
90
2Lbs Builders Merchants Limited
90
3David Cover And Son Limited
90
4Frank Key (Nottingham) Limited
90
5G.H.Brooks & Co.(Harrogate)Limited
90
6E H Smith (Builders Merchants) Limited
90
7John A. Stephens Limited
90
8Hughes Forrest Limited
90
9Joseph Parr (Middlesbrough) Limited
90
10Robert Price (Builders Merchants) Limited
90
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£18.9M

Annual revenue

Net Worth

£9.1M

Balance sheet strength

Cash

£5.8M

Cash in the bank

Profit Before Tax

£948k

Bottom line earnings

Net Current Assets

£7.8M

Working capital

Current Assets

£10.2M

Current Liabilities

£2.4M

Fixed Assets

£1.8M

Debtors

£2.0M

Cost of Sales

£12.4M

Gross Profit

£6.5M

Admin Expenses

£5.8M

Operating Profit

£784k

Profit After Tax

£677k

98avg. employees+2

Tax at Year End

Corp tax£244k
Dividends paid£180k

People Costs

Wages & salaries£3.2M
NI contributions£299k

Balance Sheet

Intangible assets£41k
Bank loans & overdrafts£45k
Assets less current liabilities£9.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.32+£497k
20234.49+£314k
20224.20+£1.1M
20213.37+£1.9M
20202.71—

Derived from filed accounts. Not audited figures.