Force One Limited
05293964
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/06/2023
COMPLIANCE DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 4 other boards
director · Since 01/06/2023
GROUP FINANCIAL CONTROLLER
BRITISH · UNITED KINGDOM · Age 48
Also on 5 other boards
Persons with Significant Control
Readypower Group Limited
Unit 620, Wharfedale Road, Wokingham, RG41 5TP
Reg: 10494768 · Companies House · Private Limited Company
Notified 01/06/2023
Former PSCs
Mrs Marnie Jane Burke
Ceased 28/11/2020
Mr Patrick John Burke
Ceased 28/11/2020
Force One Holdings Limited
Ceased 01/06/2023
Charges0 outstanding
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
CompanyRankvs 1077+ SIC 43290 peers72
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going concern are de
Key FinancialsYear ending 30/11/2022
Turnover
£8.6M
Annual revenue
Net Worth
£5.4M
Balance sheet strength
Cash
£684k
Cash in the bank
Profit Before Tax
£1.4M
Bottom line earnings
Net Current Assets
£814k
Working capital
Current Assets
£3.3M
Current Liabilities
£2.5M
Fixed Assets
£9.0M
Debtors
£2.6M
Cost of Sales
£3.1M
Gross Profit
£5.6M
Admin Expenses
£4.0M
Operating Profit
£1.6M
Profit After Tax
£1.2M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 1.33 | +£581k |
| 2021 | 1.49 | +£542k |
| 2020 | 1.51 | +£425k |
| 2019 | 1.78 | +£511k |
| 2018 | 2.07 | — |
Derived from filed accounts. Not audited figures.