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Forward Movement Limited

08926938

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

ELSLEY COURT, LONDON, W1W 8BE
Incorporated 06/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90010
Performing arts

Officers

Mr Ashley Modurotolu Banjo

director · Since 06/03/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 9 other boards

Persons with Significant Control

Diversity Entertainment Limited

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

Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE

Reg: 6990868 · The Registrar Of Companies · Private Limited Company

Notified 30/06/2017

Former PSCs

Mr Ashley Modurotolu Banjo

Ceased 30/06/2017

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/04/2022Registered 19/04/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/03/2022Registered 05/04/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 02/07/2015Registered 14/07/2015Satisfied 25/03/2022

CompanyRankvs 159+ SIC 90010 peers
77

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.21× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

£1.6M

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£472k

Working capital

Current Assets

£864k

Current Liabilities

£392k

Fixed Assets

£1.8M

Debtors

£840k

12avg. employees

Tax at Year End

Corp tax£77k

Balance Sheet

Bank loans & overdrafts£36k
Assets less current liabilities£2.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.21+£0
20252.21-£36k
20241.45+£309k
20231.31+£586k
20221.31+£65k
20215.21+£41k
20203.34

Derived from filed accounts. Not audited figures.