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Fordpad Limited

01620117

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

FIRST FLOOR 1 ST. JOHNS COURT, SWANSEA, SA6 8QQ
Incorporated 04/03/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Brian Charles Giddings

director · Since 10/01/2005

DIRECTOR METAL RECYCLING

BRITISH · WALES · Age 59

Mr James Rhys Giddings

director · Since 01/03/2025

COMPANY DIRECTOR

WELSH · WALES · Age 32

Mrs Mandy Giddings

secretary · Since 27/02/2026

Persons with Significant Control

Mr Brian Charles Giddings

Significant control

British · Wales · Age 59

First Floor, 1 St. Johns Court, Swansea, SA6 8QQ

Notified 06/04/2016

Former PSCs

Mr William George Giddings

Ceased 14/12/2023

Mrs Enis Maria Jane Giddings

Ceased 01/04/2025

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 06/01/1984Registered 27/01/1984
charge
outstanding

BARCLAYS BANK PLC

Created 21/11/1983Registered 30/11/1983

CompanyRankvs 105+ SIC 38320 peers
72

Financial strength83th percentile among SIC peers · 21/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.86× · 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 strength21/25 pts

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

Employees11/15 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 31/05/2025

Net Worth

£890k

Balance sheet strength

Cash

£348k

Cash in the bank

Net Current Assets

£651k

Working capital

Current Assets

£1.0M

Current Liabilities

£351k

Fixed Assets

£476k

Debtors

£307k

6avg. employees

Tax at Year End

Corp tax£39k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.86+£0
20252.86+£150k
20242.46+£97k
20232.42+£232k
20222.10+£120k
20211.44+£145k
20201.07+£4k
20191.00+£19k
20180.88

Derived from filed accounts. Not audited figures.