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Forge Ahead Ironworks Limited

03998703

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

LAKEVIEW HOUSE, BILLERICAY, CM12 0EQ
Incorporated 22/05/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Elizabeth Anne Jacques

secretary · Since 22/05/2000

BRITISH

Mr Michael Edward Jonathan Jacques

director · Since 22/05/2000

ARTISTIC BLACKSMITH

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mr Michael Edward Jonathan Jacques

75–100% shares
75–100% votes

British · United Kingdom · Age 58

The Manor, 28 Mill Lane, Oxford, OX44 7SL

Notified 06/04/2016

CompanyRankvs 396+ SIC 25620 peers
78

Financial strength66th percentile among SIC peers · 17/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 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.

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

£246k

Balance sheet strength

Cash

£82k

Cash in the bank

Net Current Assets

£155k

Working capital

Current Assets

£307k

Current Liabilities

£152k

Fixed Assets

£138k

Debtors

£204k

10avg. employees

Tax at Year End(2024)

Corp tax£31k

Balance Sheet

Assets less current liabilities£292k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.02-£42k
20242.35-£33k
20232.47-£25k
20222.25+£33k
20212.02

Derived from filed accounts. Not audited figures.