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Forge House Limited

10188593

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LODGES WOOD OAST, WESTERHAM, TN16 1TW
Incorporated 19/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Sezgin Irak

director · Since 19/05/2016

DIRECTOR

TURKISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Sezgin Irak

Significant control

Turkish · England · Age 52

Lodges Wood Oast, Goodley Stock Road, Westerham, TN16 1TW

Notified 19/05/2016

CompanyRankvs 22892+ SIC 56101 peers
39

Financial strength11th percentile among SIC peers · 3/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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22892Forge House Limited
35
How is this score calculated?
Financial strength3/25 pts

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

Employees5/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/05/2024

Net Worth

-£75k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£780

Working capital

Current Assets

£3k

Current Liabilities

£3k

Fixed Assets

£14k

2avg. employees-1

Balance Sheet

Assets less current liabilities£14k
Signed by Mr Sezgin Irak 30/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.78-£121k
20230.89—

Derived from filed accounts. Not audited figures.