Back to search

Forge Studios Ltd

09996519

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

19 PENMARE TERRACE, HAYLE, TR27 4PH
Incorporated 09/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael Barry Adams

director · Since 17/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 4 other boards

Persons with Significant Control

The Addition Group Limited

75–100% shares
75–100% votes

19, Penmare Terrace, Hayle, TR27 4PH

Reg: 10461469 · England & Wales · Limited Company

Notified 09/04/2021

Mr Michael Adams

Appoint directors

British · United Kingdom · Age 57

The Regent, Chapel Street, Penzance, TR18 4AE

Notified 27/07/2023

Former PSCs

Mr Richard Nott

Ceased 09/04/2021

Mrs Julia Therese Newnham

Ceased 09/04/2021

Mrs Kate Adams

Ceased 27/07/2023

Charges3 outstanding

Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 24/02/2025Registered 27/02/2025
Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 24/02/2025Registered 26/02/2025
Charge
outstanding

KD GROUP LIMITED

Created 02/08/2023Registered 05/08/2023
Charge
satisfied

CAPINVEST (SECURITIES) LTD

Created 23/12/2021Registered 11/01/2022Satisfied 20/01/2025

CompanyRankvs 190499+ SIC 68209 peers
28

Financial strength7th percentile among SIC peers · 2/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
190499Forge Studios Ltd
38
How is this score calculated?
Financial strength2/25 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.

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.

Longevity10/15 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 28/02/2026

Net Worth

-£33k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£96k

Working capital

Current Assets

£30

Current Liabilities

£95k

Fixed Assets

£218k

1avg. employees

Balance Sheet

Assets less current liabilities£123k
Signed by Mr Michael Adams 12/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.00+£0
20260.00-£3k
20250.02-£16k
20240.00+£6k
20230.00+£17k
20220.00+£4k
20210.00-£2k
2020—-£3k

Derived from filed accounts. Not audited figures.