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Forum Developments Limited

05817681

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2 ORCHARD WAY, MAIDSTONE, ME6 5EW
Incorporated 16/05/2006

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/05/2025

Due 30/05/2026

On track

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mia Jane Harris

secretary · Since 16/05/2006

COMPANY SECRETARY

BRITISH · Age 55

Also on 1 other board

Mr Matthew Alan Flint

director · Since 16/05/2006

DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Matthew John Harris

director · Since 16/05/2006

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Persons with Significant Control

Mr Matthew John Harris

Significant control

British · England · Age 53

2 Orchard Way, Maidstone, ME6 5EW

Notified 16/05/2017

Former PSCs

Mr Matthew Alan Flint

Ceased 25/06/2020

CompanyRankvs 15875+ SIC 41201 peers
47

Financial strength8th percentile among SIC peers · 2/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.49× · 2/20
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 strength2/25 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.

Liquidity2/20 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

-£13k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£22k

Current Liabilities

£46k

Fixed Assets

£14k

Debtors

£11k

5avg. employees+1

Balance Sheet

Assets less current liabilities-£10k
Prepared with BTCSoftware AP Solution 2025 12.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
20240.49-£23k
20231.16-£52k
20221.64+£39k
20211.33-£19k
20202.12
20190.72
20181.09

Derived from filed accounts. Not audited figures.