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Forty Solutions Ltd.

10447907

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

OFFICE 4 PROSPECT HOUSE, LONDON, NW4 3LH
Incorporated 26/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
62020
Information technology consultancy activities
62090
Other information technology service activities
63990
Other information service activities

Officers

Mr Daniele Combatti

director · Since 26/10/2016

IT CONSULTANT

ITALIAN · ENGLAND · Age 49

Also on 1 other board

Mrs Dayana Del Valle Santiago

director · Since 26/11/2016

COMPUTER PROGRAMMER

ITALIAN · UNITED KINGDOM · Age 50

Persons with Significant Control

Mr Daniele Combatti

50–75% shares
ownership-of-shares-50-to-75-percent-as-trust
ownership-of-shares-50-to-75-percent-as-firm
50–75% votes
voting-rights-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

Italian · England · Age 49

Office 4, Prospect House, London, NW4 3LH

Notified 26/10/2016

CompanyRankvs 46476+ SIC 47910 peers
45

Financial strength9th percentile among SIC peers · 2/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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 31/10/2024

Net Worth

-£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£35k

Current Liabilities

£56k

Fixed Assets

£7k

2avg. employees

Balance Sheet

Assets less current liabilities-£14k
Signed by Mr Daniele Combatti Mrs Dayana Del Valle Santiago 10/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.63-£23k
20231.09+£4k
20221.26-£16k
20213.19-£12k
20204.41+£65k
2019-2.21-£41k
20181.25

Derived from filed accounts. Not audited figures.