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Chatsworth Forge Group Ltd

08451372

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

"LUNDS", RUSTINGTON, BN16 3LF
Incorporated 19/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Sean Stephens

director · Since 19/03/2013

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 7 other boards

Mr Andrew Kenneth Wood

director · Since 19/03/2013

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 8 other boards

Mr Bradley Guy Caplin

director · Since 19/03/2013

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mr Nigel Richard Standen

director · Since 19/03/2013

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 4 other boards

Mr Andrew Kenneth Wood

secretary · Since 02/03/2015

Also on 8 other boards

Mr Alan John Newell

director · Since 02/10/2017

DRAUGHTSMAN

BRITISH · ENGLAND · Age 56

Also on 5 other boards

Mr Shaun Homayon Aryan

director · Since 02/10/2017

DRAUGHTSMAN

BRITISH · ENGLAND · Age 44

Also on 6 other boards

Persons with Significant Control

Lund Bros Group Ltd

75–100% shares
75–100% votes
Appoint directors

Lunds, Brookside Avenue, Rustington, BN16 3LF

Reg: 16251204 · Companies House · Private Company Limited By Shares

Notified 03/04/2025

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 17/11/2022Registered 22/11/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 02/05/2013Registered 08/05/2013

CompanyRankvs 2904+ SIC 25990 peers
47

Financial strength94th percentile among SIC peers · 24/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees9/15 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.

Longevity13/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/09/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£251k

Cash in the bank

Net Current Assets

-£383k

Working capital

Current Assets

£757k

Current Liabilities

£1.1M

Fixed Assets

£3.4M

Debtors

£739k

Cost of Sales

£3.4M

Admin Expenses

£1.6M

Profit After Tax

-£131k

4avg. employees+3

Tax at Year End

Dividends paid-£100k

People Costs

Wages & salaries£2.1M

Balance Sheet

Intangible assets£5k
Bank loans & overdrafts£610k
Assets less current liabilities£3.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66+£528k
20230.48-£320k
20212.42+£126k
20200.34+£1.6M
20191.09+£0
20181.04

Derived from filed accounts. Not audited figures.