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Forklift Solutions Limited

04725231

active
Private Limited Company
england wales
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

UNIT A, GATESHEAD, NE11 9HF
Incorporated 07/04/2003

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/04/2026

Due 21/04/2027

On track

Industry

77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Christopher James Forster

director · Since 31/12/2007

FORKLIFT ENGINEER

BRITISH · ENGLAND · Age 52

Mr Gordon Edward Hartley

director · Since 09/07/2012

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Persons with Significant Control

Mr Gordon Edward Hartley

25–50% shares
25–50% votes
Appoint directors

British · England · Age 62

Stone Cottage Farm, Fishwick Bottoms, Preston, PR2 5AU

Notified 07/04/2017

Mr Christopher James Forster

25–50% shares
25–50% votes
Appoint directors

British · England · Age 52

49, Knoll Rise, Gateshead, NE11 9QQ

Notified 07/04/2017

Charges4 outstanding

Charge
outstanding

HSBC ASSET FINANCE (UK) LTD · HSBC EQUIPMENT FINANCE (UK) LTD

Created 04/08/2015Registered 04/08/2015
Charge
outstanding

HSBC BANK PLC

Created 05/07/2013Registered 10/07/2013
charge
outstanding

HSBC BANK PLC

Created 26/06/2012Registered 28/06/2012
charge
outstanding

HSBC BANK PLC

Created 14/06/2012Registered 27/06/2012

CompanyRankvs 480+ SIC 77390 peers
68

Financial strength91th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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480Forklift Solutions Limited
78
How is this score calculated?
Financial strength23/25 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.

Liquidity12/20 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

£1.2M

Balance sheet strength

Cash

£229k

Cash in the bank

Net Current Assets

£69k

Working capital

Current Assets

£734k

Current Liabilities

£665k

Fixed Assets

£1.7M

Debtors

£506k

8avg. employees+8

Balance Sheet

Bank loans & overdrafts£14k
Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.10+£139k
20231.03+£78k
20220.63-£55k
20210.80+£162k
20200.70+£268k
20190.54+£79k
20180.59—

Derived from filed accounts. Not audited figures.