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Forge Travel Limited

07080767

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

FORGE GARAGE, MAESTEG, CF34 0AY
Incorporated 18/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45190
Sale of other motor vehicles
45200
Maintenance and repair of motor vehicles
49390
Other passenger land transport

Officers

Mr Gareth William Ames

director · Since 18/11/2009

DIRECTOR

WELSH · WALES · Age 61

Also on 4 other boards

Mr Christopher John Ames

director · Since 23/03/2022

COMPANY DIRECTOR

BRITISH · WALES · Age 28

Mr Andrew William Ames

director · Since 04/05/2026

BRITISH · WALES · Age 33

Persons with Significant Control

Mr Gareth William Ames

75–100% shares

Welsh · Wales · Age 61

Forge Garage, Forge Industrial Estate, Maesteg, CF34 0AH

Notified 18/11/2016

Charges2 outstanding

Charge
outstanding

DBW INVESTMENTS (3) LIMITED

Created 01/05/2024Registered 02/05/2024
Charge
outstanding

LLOYDS BANK PLC

Created 01/02/2022Registered 10/02/2022
Charge
satisfied

LLOYDS BANK PLC

Created 20/01/2015Registered 27/01/2015Satisfied 03/03/2021
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 21/11/2011Registered 29/11/2011Satisfied 25/08/2021

CompanyRankvs 793+ SIC 45190 peers
60

Financial strength90th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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793Forge Travel Limited
70
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.

Employees15/15 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.

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 31/12/2025

Net Worth

£634k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£430k

Working capital

Current Assets

£356k

Current Liabilities

£786k

Fixed Assets

£2.0M

Debtors

£331k

60avg. employees

Balance Sheet

Intangible assets£173k
Assets less current liabilities£1.6M
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.45+£0
20250.45+£553k
20240.33-£179k
20230.27—

Derived from filed accounts. Not audited figures.