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Forway Development Limited

10468548

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

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

Details

TAGUS HOUSE, SOUTHAMPTON, SO14 3TJ
Incorporated 08/11/2016

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

43390
Other building completion and finishing
77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr Benjamin Mark Gregory

director · Since 08/11/2016

CIVIL ENGINEER

ENGLISH · ENGLAND · Age 39

Mr Martin Clive Rogers

director · Since 08/11/2016

CIVIL ENGINEER

ENGLISH · ENGLAND · Age 55

Persons with Significant Control

Smartlin Ltd

25–50% shares
25–50% votes

Tagus House, 9 Ocean Way, Southampton, SO14 3TJ

Reg: 13253423 · England & Wales · Limited Company

Notified 30/06/2021

Team B&C Limited

25–50% shares
25–50% votes

Tagus House, 9 Ocean Way, Southampton, SO14 3TJ

Reg: 13257691 · England & Wales · Limited Company

Notified 30/06/2021

Former PSCs

Mr Benjamin Mark Gregory

Ceased 17/12/2019

Mr Martin Clive Rogers

Ceased 17/12/2019

Mr Martin Clive Rogers

Ceased 30/06/2021

Mr Benjamin Mark Gregory

Ceased 30/06/2021

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/04/2022Registered 26/04/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK

Created 16/11/2021Registered 24/11/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/11/2021Registered 05/11/2021

CompanyRankvs 22578+ SIC 43390 peers
40

Financial strength86th percentile among SIC peers · 22/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees1/15 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 30/06/2025

Net Worth

£81k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£450k

Working capital

Current Assets

£14k

Current Liabilities

£464k

Fixed Assets

£962k

Debtors

£132

0avg. employees-2

Tax at Year End

Corp tax£7k

Balance Sheet

Assets less current liabilities£512k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£28k
20240.06+£39k
20230.03+£24k
20220.01
20210.38
20200.10
20190.13+£8k
20181.00

Derived from filed accounts. Not audited figures.