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Forgeway Ltd

07230689

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

FORGEWAY, NEWTON ABBOT, TQ12 4PH
Incorporated 21/04/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20590
Manufacture of other chemical products

Officers

Laurence Edward Buckley

director · Since 21/04/2010

LAWYER

BRITISH · ENGLAND · Age 80

Also on 9 other boards

Roderick Buckley

director · Since 30/09/2013

SALES MANAGER

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Forgeway Holdings Ltd

75–100% shares
75–100% votes

Forgeway, Collett Way, Newton Abbot, TQ12 4PH

Reg: 10812782 · England And Wales Company Registry · Private Company Limited By Shares

Notified 13/10/2017

Former PSCs

Mr Glen Buckley

Ceased 13/10/2017

Laurence Edward Buckley

Ceased 13/10/2017

Roderick Buckley

Ceased 13/10/2017

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 04/04/2025Registered 07/04/2025
Charge
satisfied

HSBC BANK PLC

Created 30/11/2017Registered 05/12/2017Satisfied 25/02/2026
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 15/01/2015Registered 15/01/2015

CompanyRankvs 158+ SIC 20590 peers
69

Financial strength91th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.38× · 12/20
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.

Employees14/15 pts

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

Liquidity12/20 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 31/12/2018

Net Worth

£3.7M

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£3.7M

Current Liabilities

£2.7M

Fixed Assets

£3.5M

Debtors

£2.9M

49avg. employees

Balance Sheet

Intangible assets£2.3M
Bank loans & overdrafts£72k
Assets less current liabilities£4.6M
Signed by 07230689 2018-01-01 2018-12-31 07230689 2018-12-31 07230689 bus:OrdinaryShareClass1 2018-12-31 07230689 core:OtherReservPrepared with Digita Accounts Production Advanced 6.24.8820.0

EstimatesDerived

YearCurrent Ratio
20181.38

Derived from filed accounts. Not audited figures.