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Multiforce Contracts Limited

03530561

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

UNIT 2 SHUTTLEWORTH CLOSE, GREAT YARMOUTH, NR31 0NQ
Incorporated 19/03/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Julian Geatano Loiacono

director · Since 07/04/1998

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 4 other boards

Mr Richard Scott Perry

director · Since 07/04/1998

FABRICATOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Mr Julian Geatano Loiacono

secretary · Since 19/07/2000

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 4 other boards

Persons with Significant Control

Multiforce Contracts Holdings Ltd

75–100% shares

Unit 1-3, Shuttleworth Close, Great Yarmouth, NR31 0NQ

Reg: 07071237 · England And Wales · Limited Company

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 30/10/2023Registered 31/10/2023
charge
outstanding

HSBC BANK PLC

Created 31/01/2013Registered 02/02/2013
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED ("THE SECURITY HOLDER")

Created 10/03/2010Registered 13/03/2010
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 06/11/2009Registered 10/11/2009
charge
outstanding

HSBC BANK PLC

Created 05/11/2001Registered 17/11/2001
charge
satisfied

GE CAPITAL COMMERCIAL FINANCE LIMITED

Created 19/06/2000Registered 21/06/2000Satisfied 23/11/2001
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/05/1999Registered 03/06/1999Satisfied 23/11/2001

CompanyRankvs 108+ SIC 28990 peers
76

Financial strength91th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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108Multiforce Contracts Limited
86
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.

Employees13/15 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 31/03/2025

Net Worth

£2.1M

Balance sheet strength

Cash

£471k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.2M

Current Liabilities

£402k

Fixed Assets

£485k

Debtors

£1.2M

23avg. employees+3

Balance Sheet

Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.44-£190k
20247.57+£131k
202310.02—

Derived from filed accounts. Not audited figures.