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Forward Plus West Midlands Ltd.

10940146

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

IBC HEALTHCARE, WILLOW COURT, LEICESTER, LE5 0TE
Incorporated 31/08/2017

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 08/12/2025

Due 22/12/2026

On track

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Mr Nizam Bata

director · Since 31/08/2017

ACCOUNTANT

BRITISH · ENGLAND · Age 37

Mr Akbar K Bata

secretary · Since 01/04/2018

Persons with Significant Control

Dovecote Care Ltd

75–100% shares

4, Ardleigh Road, Leicester, LE5 0BG

Notified 01/03/2018

Former PSCs

Mr Nizam Bata

Ceased 01/03/2018

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC (AS SECURITY AGENT)

Created 19/07/2024Registered 19/07/2024
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 10/10/2022Registered 14/10/2022
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 10/10/2022Registered 14/10/2022
Charge
satisfied

CYNERGY BANK LIMITED

Created 19/02/2021Registered 03/03/2021Satisfied 13/06/2024
Charge
satisfied

CYNERGY BANK LIMITED

Created 19/02/2021Registered 03/03/2021Satisfied 13/06/2024

CompanyRankvs 561+ SIC 87200 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.76× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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561Forward Plus West Midlands Ltd.
79
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.

Employees11/15 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.

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 31/03/2025

Net Worth

£4.6M

Balance sheet strength

Cash

£428k

Cash in the bank

Net Current Assets

£3.7M

Working capital

Current Assets

£4.5M

Current Liabilities

£777k

Fixed Assets

£887k

Debtors

£4.0M

Profit After Tax

£968k

2avg. employees-147

Tax at Year End

Corp tax£31k

Balance Sheet

Intangible assets£0
Assets less current liabilities£4.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20255.76+£2.0M
20242.72+£1.5M
20223.38+£376k
20213.45+£535k
20201.31+£159k
20190.71—

Derived from filed accounts. Not audited figures.