Forfar Education Ltd
11175313
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/08/2024
audit exemption subsidiary
Next accounts due
31/08/2026
Confirmation statement
Last: 20/02/2026
Due 06/03/2027
Industry
Officers
director · Since 22/08/2019
DIRECTOR
AMERICAN · SINGAPORE · Age 41
Also on 10 other boards
Persons with Significant Control
Mc Socrates Bidco Limited
Duo Level 6, 280 Bishopsgate, London, EC2M 4RB
Reg: 15722807 · Companies House · Limited Liability Company
Notified 05/06/2024
Former PSCs
Mr John Russell Forsyth
Ceased 05/06/2024
Kh V Properties 105 Limited
Ceased 05/06/2024
Charges4 outstanding
GLAS TRUST CORPORATION LIMITED
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KROLL TRUSTEE SERVICES LIMITED
KROLL TRUSTEE SERVICES LIMITED AS SECURITY TRUSTEE
CompanyRankvs 4413+ SIC 70100 peers45
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc
Key FinancialsYear ending 31/08/2023
Net Worth
£130k
Balance sheet strength
Cash
£106k
Cash in the bank
Net Current Assets
£108k
Working capital
Current Assets
£1.7M
Current Liabilities
£1.6M
Fixed Assets
£22k
Debtors
£1.6M
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2023 | 1.07 | +£698k | £1.4M |
| 2022 | 0.58 | -£520k | — |
| 2021 | 0.95 | +£173k | — |
| 2021 | 0.14 | -£224k | — |
| 2020 | 1.03 | — | — |
Derived from filed accounts. Not audited figures.