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Forest Drives Limited

04722436

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

CREATE BUSINESS HUB, GROUND FLOOR 5 RAYLEIGH ROAD, BRENTWOOD, CM13 1AB
Incorporated 03/04/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Ian Michael Rabey

director · Since 04/04/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 7 other boards

Mr Stuart Clifford Rabey

director · Since 04/04/2003

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Ian Michael Rabey

secretary · Since 03/07/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 7 other boards

Persons with Significant Control

Mr Stuart Clifford Rabey

Significant control

British · England · Age 59

Create Business Hub, Ground Floor, 5 Rayleigh Road, Brentwood, CM13 1AB

Notified 03/04/2017

Mr Ian Michael Rabey

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 62

Create Business Hub, Ground Floor, 5 Rayleigh Road, Brentwood, CM13 1AB

Notified 02/04/2025

CompanyRankvs 1048+ SIC 43999 peers
87

Financial strength96th percentile among SIC peers · 24/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.86× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1048Forest Drives Limited
87
How is this score calculated?
Financial strength24/25 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£885k

Cash in the bank

Profit Before Tax

£288k

Bottom line earnings

Net Current Assets

£1.1M

Working capital

Current Assets

£1.4M

Current Liabilities

£372k

Fixed Assets

£177k

Debtors

£550k

Cost of Sales

£1.2M

Admin Expenses

£338k

Profit After Tax

£221k

5avg. employees

Tax at Year End

Corp tax£67k

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.86+£219k
20246.07+£120k
20237.73+£84k
20226.66—
20214.60—

Derived from filed accounts. Not audited figures.