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Foundry Cast Iron Limited

10570083

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

5 LINNET CLOSE, LITTLEHAMPTON, BN17 7GW
Incorporated 18/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Mark Spence

director · Since 18/01/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Mr Mark Spence

50–75% shares
50–75% votes

British · United Kingdom · Age 59

5, Linnet Close, Littlehampton, BN17 7GW

Notified 18/01/2017

Mr Shane Spence

25–50% shares
25–50% votes

British · England · Age 29

5, Linnet Close, Littlehampton, BN17 7GW

Notified 22/12/2017

Former PSCs

Paul Mccrarren

Ceased 22/12/2017

CompanyRankvs 1671+ SIC 47910 peers
83

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.82× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/01/2025

Net Worth

£230k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£223k

Working capital

Current Assets

£298k

Current Liabilities

£78k

Fixed Assets

£38k

8avg. employees

Balance Sheet

Assets less current liabilities£261k
Signed by 10570083 2024-02-01 2025-01-31 10570083 2025-01-31 10570083 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.82+£33k
20242.95+£16k
20232.70+£27k
20223.16+£48k
20212.08

Derived from filed accounts. Not audited figures.