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Forward Vaping Ltd

10690033

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 19 WAINWRIGHT STREET IND EST WAINWRIGHT STREET, BIRMINGHAM, B6 5TJ
Incorporated 24/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Nikhil Nathwani

director · Since 24/03/2017

DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Nikhil Nathwani

75–100% shares

British · England · Age 39

Good Heart House, Roman Road, Birmingham, B74 3AS

Notified 24/03/2017

CompanyRankvs 3056+ SIC 47990 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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3056Forward Vaping Ltd
76
How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 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 29/06/2024

Net Worth

£803k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£715k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.2M

Fixed Assets

£98k

Debtors

£1.8M

12avg. employees

Tax at Year End

Corp tax£80k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£813k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.61+£312k
20231.40+£16k
20221.52-£401k
20211.67-£146k
20201.46+£269k
20191.40+£560k
20181.11—

Derived from filed accounts. Not audited figures.