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Forward Space Limited

06162331

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

THE OLD CHURCH SCHOOL, FROME, BA11 1HR
Incorporated 15/03/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Gavin Rhys Eddy

secretary · Since 15/03/2007

BRITISH · UNITED KINGDOM · Age 58

Also on 5 other boards

Mr Gavin Rhys Eddy

director · Since 15/03/2007

NONE

BRITISH · UNITED KINGDOM · Age 58

Also on 5 other boards

Persons with Significant Control

Mr Gavin Rhys Eddy

75–100% shares

British · England · Age 58

The Old Church School, Frome, BA11 1HR

Notified 15/03/2017

Charges4 outstanding

Charge
outstanding

SEVCAP I LIMITED

Created 30/10/2025Registered 31/10/2025
Charge
outstanding

MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF FORWARD SPACE PENSION SCHEME · GAVIN EDDY AS TRUSTEE OF FORWARD SPACE PENSION SCHEME

Created 30/04/2025Registered 08/05/2025
Charge
outstanding

HSBC UK BANK PLC

Created 23/04/2020Registered 28/04/2020
Charge
satisfied

HSBC UK BANK PLC

Created 14/03/2019Registered 15/03/2019Satisfied 25/03/2022
Charge
outstanding

MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF FORWARD SPACE PENSION SCHEME · GAVIN EDDY AS TRUSTEE OF FORWARD SPACE PENSION SCHEME

Created 29/03/2018Registered 17/04/2018
Charge
satisfied

GAVIN EDDY AS TRUSTEE OF FORWARD SAPCE PENSION SCHEME · MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF FORWARD SPACE PENSION SCHEME

Created 28/10/2016Registered 31/10/2016Satisfied 25/03/2022

CompanyRankvs 3022+ SIC 68209 peers
77

Financial strength86th percentile among SIC peers · 22/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.09× · 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 strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 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 31/03/2025

Net Worth

£289k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£665k

Working capital

Current Assets

£1.3M

Current Liabilities

£611k

Fixed Assets

£210k

Debtors

£1.3M

14avg. employees+1

Balance Sheet

Intangible assets£33k
Bank loans & overdrafts£64k
Assets less current liabilities£875k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.09+£42k
20242.18-£17k
20232.06+£62k
20222.36-£107k
20213.62+£132k
20202.92-£19k
20192.70

Derived from filed accounts. Not audited figures.