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Forman Contracting Limited

08168855

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

TOP FARM COTTAGE, ASHBOURNE, DE6 5AD
Incorporated 06/08/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01610
Support activities for crop production

Officers

Mr Nicholas Andrew Forman

secretary · Since 06/08/2012

Also on 1 other board

Mr Nicholas Andrew Forman

director · Since 06/08/2012

FARMER

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Robert Andrew Forman

director · Since 06/08/2012

FARMER

BRITISH · ENGLAND · Age 84

Persons with Significant Control

Mr Nicholas Andrew Forman

25–50% shares

British · England · Age 59

Top Farm, Cottage, Ashbourne, DE6 5AD

Notified 01/06/2016

Mr Robert Andrew Forman

25–50% shares

British · England · Age 84

Top Farm, Cottage, Ashbourne, DE6 5AD

Notified 01/06/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 03/09/2012Registered 05/09/2012

CompanyRankvs 1048+ SIC 01610 peers
50

Financial strength66th percentile among SIC peers · 17/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 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.

Longevity14/15 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 31/08/2025

Net Worth

£130k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£131k

Current Liabilities

£152k

Fixed Assets

£210k

2avg. employees

Balance Sheet

Assets less current liabilities£188k
Signed by 08168855 2024-09-01 2025-08-31 08168855 2025-08-31 08168855 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.86+£37k
20240.46+£6k
20230.38+£43k
20220.19+£7k
20210.45

Derived from filed accounts. Not audited figures.