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A Fordable Storage Solutions Limited

07474156

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

EAST COAST HOUSE, GREAT YARMOUTH, NR31 7RU
Incorporated 20/12/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Michael Ralph Cole

director · Since 20/12/2010

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Mr Michael Alexander Cole

director · Since 14/12/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 31

Persons with Significant Control

Mr Michael Ralph Cole

25–50% shares
25–50% votes
Appoint directors

British · England · Age 64

East Coast House, Galahad Road Beacon Park, Gorleston, Great Yarmouth, NR31 7RU

Notified 16/12/2016

Mrs Donna Cole

25–50% shares
25–50% votes
Appoint directors

British · England · Age 62

East Coast House, Galahad Road Beacon Park, Gorleston, Great Yarmouth, NR31 7RU

Notified 15/03/2021

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 02/07/2015Registered 15/07/2015
Charge
outstanding

HSBC BANK PLC

Created 02/07/2015Registered 07/07/2015
Charge
outstanding

HSBC BANK PLC

Created 23/04/2013Registered 25/04/2013

CompanyRankvs 6042+ SIC 45112 peers
53

Financial strength85th percentile among SIC peers · 21/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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6042A Fordable Storage Solutions Limited
63
How is this score calculated?
Financial strength21/25 pts

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

Employees10/15 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 31/03/2025

Net Worth

£101k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£122k

Working capital

Current Assets

£93k

Current Liabilities

£215k

Fixed Assets

£225k

2avg. employees

Balance Sheet

Assets less current liabilities£103k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.43+£1k
20241.54+£383
20231.61+£10k
20221.59+£11k
20201.42—

Derived from filed accounts. Not audited figures.