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Foregain Limited

03835662

active
Private Limited Company
england wales
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

UNIT 2 CHESTERS CODDENHAM ROAD, IPSWICH, IP6 8NU
Incorporated 03/09/1999

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/09/2025

Due 17/09/2026

On track

Industry

96090
Other personal service activities

Officers

Mr Melvyn John Walton

secretary · Since 03/09/1999

CARPENTER

BRITISH · ENGLAND · Age 61

Also on 6 other boards

Mr Simon Edwin Cutting

director · Since 03/09/1999

CONTRACTS DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Mr Melvyn John Walton

director · Since 03/09/1999

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 6 other boards

Persons with Significant Control

Foregain Holdings Limited

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

Unit 2 Chesters, Coddenham Road, Ipswich, IP6 8NU

Reg: 09279071 · Companies House · Ltd

Notified 06/04/2016

Mr Melvyn John Walton

Significant control

British · England · Age 61

Unit 2, Chesters, Needham Market, IP6 8NU

Notified 06/04/2016

Mr Simon Edwin Cutting

Significant control

British · England · Age 59

Unit 2, Chesters, Needham Market, IP6 8NU

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

TIMOTHY DAVID WALTON · TINA JAYNE DAWSON · MELANIE ANNE BOLTON · LINDA SUSAN WAUGH · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 06/07/2018Registered 24/07/2018
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/08/2017Registered 07/08/2017
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/07/2017Registered 29/07/2017Satisfied 21/08/2020

CompanyRankvs 1813+ SIC 96090 peers
76

Financial strength100th percentile among SIC peers · 25/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 15.77× · 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 strength25/25 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 31/12/2024

Net Worth

£10.8M

Balance sheet strength

Cash

£4.0M

Cash in the bank

Net Current Assets

£9.7M

Working capital

Current Assets

£10.3M

Current Liabilities

£655k

Fixed Assets

£1.1M

Debtors

£3.0M

2avg. employees

Tax at Year End(2022)

Corp tax£0

Balance Sheet

Assets less current liabilities£10.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202415.77-£170k
202313.41-£178k
202211.90-£1.9M
202114.98-£403k
20206.53+£630k
20196.11+£322k
201810.44

Derived from filed accounts. Not audited figures.