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Forward Property Services Limited

10757950

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
20/30
Financial
10/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)
  • 6 outstanding charges (-10)

Details

3 WESTFIELD ROAD, BIRMINGHAM, B15 3XA
Incorporated 08/05/2017

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

31/05/2026

Overdue

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Farhat Hameed Mian

director · Since 31/05/2018

BUSINESSMAN

BRITISH · ENGLAND · Age 63

Also on 13 other boards

Persons with Significant Control

Mr Farhat Hameed Mian

75–100% shares
75–100% votes
Appoint directors

British · England · Age 63

21-27 Milk Street, Digbeth, Birmingham, B5 5TR

Notified 15/10/2020

Former PSCs

Mr Farhat Hameed Mian

Ceased 29/09/2017

Mr Zain Abdul Hameed Mian

Ceased 15/10/2020

Charges6 outstanding

Appointment of receiver
part satisfied

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Charge
outstanding

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outstanding

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Charge
outstanding

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Created 25/05/2021Registered 02/06/2021
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outstanding

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Charge
outstanding

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Created 18/08/2017Registered 21/08/2017

Insolvency History4 cases

receiver manager

Peter Hayward (receiver manager) · Derek Peter Mason (receiver manager)

receiver manager

Richard Lester (receiver manager) · Steven Kay (receiver manager)

receiver manager

Richard Lester (receiver manager) · Oliver Reeves (receiver manager)

receiver manager

Richard Murphy (receiver manager) · Laura Elizabeth Halse (receiver manager)

CompanyRankvs 40332+ SIC 41100 peers
32

Financial strength81th percentile among SIC peers · 20/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees2/15 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.

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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2024

Net Worth

£123k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£92k

Current Liabilities

£147k

Fixed Assets

£496k

Debtors

£88k

0avg. employees

Balance Sheet

Assets less current liabilities£441k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.63-£34k
20230.51

Derived from filed accounts. Not audited figures.