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Bristol Forge Ltd

10453179

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

MERITON FOUNDRY, BRISTOL, BS2 0SZ
Incorporated 31/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
70229
Management consultancy activities
82990
Other business support service activities

Officers

Dr Michael Parmar

director · Since 31/10/2016

DIRECTOR

IRISH · ENGLAND · Age 59

Mrs Gina Kathleen Parmar

director · Since 22/05/2018

DIRECTOR

IRISH · SPAIN · Age 63

Persons with Significant Control

Dr Michael Parmar

25–50% shares

Irish · England · Age 59

11 Print Village, Chadwick Road, London, SE15 4PU

Notified 31/10/2016

Ms Gina Kathleen Parmar

25–50% shares

Irish · United States · Age 63

11 Print Village, Chadwick Road, London, SE15 4PU

Notified 31/10/2016

Former PSCs

Mr Gary Parmar

Ceased 22/05/2018

CompanyRankvs 58644+ SIC 41100 peers
42

Financial strength4th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.67× · 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 strength1/25 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.

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

-£241k

Balance sheet strength

Cash

£664

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£45k

Current Liabilities

£67k

Fixed Assets

£418

Debtors

£44k

2avg. employees

Tax at Year End

VAT£33k

Director Loans

Company owes directors£20k

Balance Sheet

Assets less current liabilities-£22k
Signed by Dr Michael Parmar 23 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.67+£17k£658k
20230.30-£43k£443k
20220.95-£74k£539k
20210.92+£177k£4.6M
20200.11-£96k£3.9M
20190.32-£35k£4.1M
20180.81

Derived from filed accounts. Not audited figures.