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Forum Finance Limited

02524970

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

SAI MAA HOUSE, HARROW, HA3 0EY
Incorporated 24/07/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Bharat Mamtora

director · Since 24/07/1991

INSURANCE BROKER

BRITISH · ENGLAND · Age 67

Also on 1 other board

Chandrakala Mamtora

secretary · Since 30/05/1997

CO SECRETARY

OTHER · Age 66

Also on 1 other board

Mr Amish Bharat Mamtora

director · Since 01/09/2017

INSURANCE BROKER

BRITISH · ENGLAND · Age 38

Also on 2 other boards

Mr Niraj Bharat Mamtora

director · Since 01/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 2 other boards

Persons with Significant Control

Mr Bharat Mamtora

50–75% shares
50–75% votes
Appoint directors

British · England · Age 67

11, Halland Way, Northwood, HA6 2AG

Notified 30/06/2016

Mrs Chandrakala Bharat Mamtora

25–50% shares
25–50% votes
Appoint directors

British · England · Age 66

11, Halland Way, Northwood, HA6 2AG

Notified 10/04/2024

CompanyRankvs 49+ SIC 66220 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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49Forum Finance Limited
88
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.

Employees14/15 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£204k

Cash in the bank

Net Current Assets

£386k

Working capital

Current Assets

£700k

Current Liabilities

£314k

Fixed Assets

£1.4M

Debtors

£496k

Profit After Tax

£315k

14avg. employees-1

Tax at Year End

Dividends paid£114k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.23+£201k
20231.93-£295k
20222.77+£204k
20217.36+£94k
20206.36+£59k
20198.92+£77k
20184.80—

Derived from filed accounts. Not audited figures.