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Force Engineering Limited

01446727

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 32, SHEPSHED, LE12 9NH
Incorporated 04/09/1979

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33140
Repair of electrical equipment

Officers

Mr Alan Foster

director · Since 30/03/1992

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 80

Also on 2 other boards

Neil Robert Foster

secretary · Since 09/06/2008

BRITISH · Age 52

Also on 5 other boards

Neil Robert Foster

director · Since 30/07/2009

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Stephen Paul Colyer

director · Since 29/10/2010

DIRECTOR

BRITISH · ENGLAND · Age 73

Persons with Significant Control

Mr Ian Hamish Foster

25–50% shares
25–50% votes

British · United Kingdom · Age 55

Unit 32, Gelders Hall Road, Shepshed, LE12 9NH

Notified 06/04/2016

Neil Robert Foster

25–50% shares
25–50% votes

British · England · Age 52

2 Brownsfield Road, Lichfield, WS13 6BT

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 12/04/2016Registered 12/04/2016
charge
satisfied

MIDLAND BANK PLC

Created 17/01/1992Registered 29/01/1992Satisfied 30/03/2026
charge
satisfied

MIDLAND BANK PLC

Created 12/04/1985Registered 16/04/1985Satisfied 30/03/2026
charge
satisfied

MIDLAND BANK PLC

Created 23/06/1983Registered 27/06/1983Satisfied 30/03/2026

CompanyRankvs 256+ SIC 33140 peers
71

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.32× · 12/20
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 strength24/25 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.

Liquidity12/20 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

£420k

Balance sheet strength

Cash

£217k

Cash in the bank

Net Current Assets

£292k

Working capital

Current Assets

£1.2M

Current Liabilities

£927k

Fixed Assets

£136k

Debtors

£422k

27avg. employees+3

Balance Sheet

Assets less current liabilities£428k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.32-£476k
20232.38+£85k
20222.75+£253k
20211.82

Derived from filed accounts. Not audited figures.