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Foremost Magnets Limited

05711212

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

UNIT 9A VANTAGE BUSINESS PARK, BANBURY, OX16 9UX
Incorporated 15/02/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Lee Michael Woodcock

director · Since 23/03/2006

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Persons with Significant Control

Mr Lee Michael Woodcock

75–100% shares
75–100% votes

British · England · Age 55

Unit 9a Vantage Business Park, Bloxham Road, Banbury, OX16 9UX

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 13/06/2014Registered 24/06/2014
charge
outstanding

LEVEN HOLDINGS LIMITED

Created 06/11/2009Registered 11/11/2009
charge
outstanding

LLOYDS TSB BANK PLC

Created 19/07/2006Registered 21/07/2006

CompanyRankvs 867+ SIC 32990 peers
75

Financial strength91th percentile among SIC peers · 23/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.13× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees12/15 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.

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 28/02/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£71k

Cash in the bank

Net Current Assets

£193k

Working capital

Current Assets

£365k

Current Liabilities

£172k

Fixed Assets

£1.2M

Debtors

£238k

10avg. employees-1

Balance Sheet

Bank loans & overdrafts£87k
Assets less current liabilities£1.4M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.13+£36k
20242.68+£154k
20234.35+£33k
20223.76+£55k
20211.83

Derived from filed accounts. Not audited figures.