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Fortyhill Limited

04439995

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

38 HIGH STREET, WATTON, IP25 6AE
Incorporated 16/05/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65110
Life insurance
65300
65300

Officers

Mr Mark Day

director · Since 01/11/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mr Mark Day

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

British · United Kingdom · Age 58

38, High Street, Watton, IP25 6AE

Notified 16/05/2017

Mrs Faye Christine Day

25–50% shares
25–50% votes

British · England · Age 52

38, High Street, Watton, IP25 6AE

Notified 08/03/2018

CompanyRankvs 140+ SIC 65110 peers
81

Financial strength80th percentile among SIC peers · 20/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.03× · 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 strength20/25 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 31/10/2024

Net Worth

£115k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£115k

Working capital

Current Assets

£153k

Current Liabilities

£38k

Fixed Assets

£171

3avg. employees

Balance Sheet

Assets less current liabilities£115k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20244.03+£89k
20234.52-£1k
20224.40-£6k
20214.14

Derived from filed accounts. Not audited figures.