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Forecast Technology Limited

08653012

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

8 FLUX DRIVE, BANBURY, OX15 0AF
Incorporated 16/08/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71200
Technical testing and analysis

Officers

Mr Dudley Chapman

director · Since 16/08/2013

DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 3 other boards

Mr Simon Charles Morris

director · Since 27/10/2016

ACOUNTANT

BRITISH · ENGLAND · Age 71

Also on 2 other boards

Mr Peter Steiness Larsen

director · Since 01/04/2018

DIRECTOR

DANISH · NORWAY · Age 64

Mr John Edward Minton

director · Since 01/04/2018

CHEMICAL ENGINEER

BRITISH · WALES · Age 76

Also on 15 other boards

Persons with Significant Control

Mr Dudley Chapman

25–50% shares
25–50% votes
Significant control

British · England · Age 79

8, Flux Drive, Banbury, OX15 0AF

Notified 06/04/2016

Tracetag International Limited

25–50% shares
25–50% votes

Merton House, Merton House, Pentwyn, CF23 8HF

Notified 30/12/2016

CompanyRankvs 42550+ SIC 71200 peers
42

Financial strength0th percentile among SIC peers · 0/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees12/15 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.

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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£2.1M

Balance sheet strength

Cash

£391

Cash in the bank

Net Current Assets

-£2.1M

Working capital

Current Assets

£2k

Current Liabilities

£2.1M

Fixed Assets

£21k

Debtors

£2k

3avg. employees

Balance Sheet

Intangible assets£18k
Assets less current liabilities-£2.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£4.0M
20230.09+£3.5M
20220.10-£3.0M
20210.11+£291k
20200.14+£426k
20190.14+£582k
20180.31

Derived from filed accounts. Not audited figures.