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Forge Welding & Fabrication Ltd

09416795

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 7 MOSS LANE INDUSTRIAL ESTATE, ROYTON, OL2 6HR
Incorporated 02/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Gary Commons

director · Since 02/02/2015

WELDER

ENGLISH · ENGLAND · Age 62

Mr Andrew Stevenson

director · Since 02/02/2015

WELDER

ENGLISH · ENGLAND · Age 66

Persons with Significant Control

Mr Andrew Stevenson

25–50% shares
25–50% votes

British · England · Age 66

Unit 7, Moss Lane Industrial Estate, Royton, OL2 6HR

Notified 01/05/2016

Mr Gary Commons

25–50% shares

British · England · Age 62

Unit 7, Moss Lane Industrial Estate, Royton, OL2 6HR

Notified 01/05/2016

Former PSCs

Mr Lee Fitzpatrick

Ceased 17/05/2023

Charges1 outstanding

Charge
outstanding

4SYTE LIMITED

Created 09/12/2022Registered 14/12/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PUBLIC LIMITED COMPANY

Created 19/07/2019Registered 23/07/2019Satisfied 16/01/2023

CompanyRankvs 3560+ SIC 25990 peers
47

Financial strength31th percentile among SIC peers · 8/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.5× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3560Forge Welding & Fabrication Ltd
56
How is this score calculated?
Financial strength8/25 pts

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

Employees10/15 pts

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

Liquidity12/20 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 28/02/2025

Net Worth

£1k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£166k

Current Liabilities

£111k

Fixed Assets

£20k

Debtors

£133k

6avg. employees

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£75k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.50-£8k
20241.59+£91k
20231.20—

Derived from filed accounts. Not audited figures.