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Forestheath Engineering Limited

06605969

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

6 ENDWELL ROAD, BEXHILL-ON-SEA, TN40 1EA
Incorporated 29/05/2008

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 28/08/2025

Due 11/09/2026

On track

Industry

25620
Machining

Officers

Mr Mark John Corbin

director · Since 29/05/2008

DIRECTOR

BRITISH · ENGLAND

Mr Zakarie Overfield

director · Since 28/08/2015

DIRECTOR

BRITISH · ENGLAND

Persons with Significant Control

Mr Mark John Corbin

50–75% shares
50–75% votes
Appoint directors

British · England

Notified 06/04/2016

Mr Zakarie Overfield

25–50% shares
25–50% votes

British · England

Notified 06/04/2016

CompanyRankvs 1629+ SIC 25620 peers
50

Financial strength24th percentile among SIC peers · 6/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.84× · 6/20
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 strength6/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/03/2025

Net Worth

£163

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£73k

Current Liabilities

£88k

Fixed Assets

£15k

3avg. employees

Balance Sheet

Assets less current liabilities£163
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.84—
20240.81+£5k
20230.72—

Derived from filed accounts. Not audited figures.