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Forward Glass Limited

02515619

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

OLD MANSION HOUSE, TRURO, TR1 2HE
Incorporated 25/06/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

23120
Shaping and processing of flat glass

Officers

Mr Stephen Paul Gwilliam

director · Since 27/03/2017

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Mark Ivor Herbert

director · Since 30/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 57

Mrs Kathryn Elizabeth Bunt

director · Since 30/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 2 other boards

Mr Mark John Mitchell

director · Since 30/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 13 other boards

Mr Matthew John Prowse

director · Since 30/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Mr Thomas Stuart Julian

director · Since 30/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Mr James Alexander Smith

director · Since 01/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Cornwall Group Limited

75–100% shares
75–100% votes
Appoint directors

Old Mansion House, 9 Quay Street, Truro, TR1 2HE

Reg: 03560161 · England And Wales · Limited Company

Notified 30/11/2023

Former PSCs

Mr Mark Rodney Weston Smith

Ceased 19/03/2019

Forward Glass Group Limited

Ceased 30/11/2023

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 14/12/2023Registered 18/12/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 30/11/2023Registered 07/12/2023

CompanyRankvs 47+ SIC 23120 peers
57

Financial strength91th percentile among SIC peers · 23/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees4/15 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

Key FinancialsYear ending 30/06/2025

Net Worth

£2.7M

Balance sheet strength

Cash

£106k

Cash in the bank

Profit Before Tax

£544k

Bottom line earnings

Net Current Assets

£1.9M

Working capital

Current Assets

£3.5M

Current Liabilities

£1.6M

Fixed Assets

£1.1M

Debtors

£2.9M

Admin Expenses

£2.0M

Profit After Tax

£461k

1avg. employees-103

Tax at Year End

Corp tax£0
Dividends paid£0

People Costs

Wages & salaries£2.4M

Balance Sheet

Assets less current liabilities£3.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.19+£461k
20243.28

Derived from filed accounts. Not audited figures.