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Billinghay Forge Limited

04698552

active
Private Limited Company
england wales
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

THE FORGE,, CHURCH STREET, LINCOLN, LN4 4HN
Incorporated 14/03/2003

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/03/2026

Due 28/03/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mrs Joanne Caudwell

secretary · Since 19/03/2003

BUSINESS ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Mr Ian Caudwell

director · Since 19/03/2003

BLACKSMITH

BRITISH · UNITED KINGDOM · Age 60

Mrs Joanne Caudwell

director · Since 19/03/2003

BUSINESS ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Persons with Significant Control

Mr Ian Caudwell

25–50% shares
25–50% votes

British · United Kingdom · Age 60

33 Skirth Road, Billinghay, Lincoln, LN4 4AY

Notified 06/04/2016

Mrs Joanne Caudwell

25–50% shares
25–50% votes

British · United Kingdom · Age 60

33 Skirth Road, Billinghay, Lincoln, LN4 4AY

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 08/05/2003Registered 16/05/2003Satisfied 29/01/2025

CompanyRankvs 2492+ SIC 25990 peers
70

Financial strength57th percentile among SIC peers · 14/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.7× · 16/20
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 strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/12/2024

Net Worth

£71k

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£138k

Current Liabilities

£81k

Fixed Assets

£24k

Debtors

£49k

5avg. employees+1

Balance Sheet

Assets less current liabilities£80k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.70-£14k
2023+£6k
20222.96-£3k
20213.56

Derived from filed accounts. Not audited figures.