Back to search

Fortech Solutions Limited

09214429

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE OLD BAKEHOUSE DOWNS PARK EAST, BRISTOL, BS6 7QD
Incorporated 11/09/2014

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 11/09/2025

Due 25/09/2026

On track

Industry

70229
Management consultancy activities
71121
Engineering design activities for industrial process and production
71122
Engineering related scientific and technical consulting activities
73200
Market research and public opinion polling

Officers

Mr David Thomas Forrest

director · Since 11/09/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

Mr David Thomas Forrest

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

British · United Kingdom · Age 64

The Old Bakehouse, Downs Park East, Bristol, BS6 7QD

Notified 06/04/2016

CompanyRankvs 17050+ SIC 70229 peers
76

Financial strength91th percentile among SIC peers · 23/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 8.87× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength23/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£145k

Balance sheet strength

Cash

£153k

Cash in the bank

Net Current Assets

£142k

Working capital

Current Assets

£160k

Current Liabilities

£18k

Fixed Assets

£3k

Debtors

£7k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20248.87-£9k
20239.42+£2k
202210.88+£20k
202110.13+£21k
202014.43-£17k
201937.64

Derived from filed accounts. Not audited figures.