Forsspac Limited
08195284
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/08/2012
DIRECTOR
ENGLISH · ENGLAND · Age 68
Also on 21 other boards
Persons with Significant Control
Mr Robert James Thoburn
English · England · Age 68
1a, First Avenue, Preston, PR2 1JQ
Notified 06/04/2016
Mr Philip John Thoburn
British · Philippines · Age 65
1a, First Avenue, Preston, PR2 1JQ
Notified 12/07/2021
Former PSCs
Mr Matthew John Watkinson
Ceased 12/07/2021
CompanyRankvs 140149+ SIC 82990 peers33
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£505k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£505k
Working capital
Current Assets
-£471k
Current Liabilities
£34k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | -14.05 | +£137k |
| 2024 | 0.08 | -£16k |
| 2023 | 0.01 | -£624k |
| 2022 | 0.01 | +£0 |
| 2021 | 0.01 | -£52 |
| 2020 | 0.01 | — |
Derived from filed accounts. Not audited figures.