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Forces Recruitment Solutions Group Ltd

11695128

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O TC GROUP 6TH FLOOR KINGS HOUSE, LONDON, SW1Y 4BP
Incorporated 26/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr Graham Brown Ma Mrec Cert Mp

director · Since 17/05/2019

NONE

BRITISH · ENGLAND · Age 56

Also on 4 other boards

Persons with Significant Control

Mr Graham Brown

25–50% shares
25–50% votes
Appoint directors

British · England · Age 56

C/O Tc Group, 6th Floor Kings House, London, SW1Y 4BP

Notified 26/11/2018

Former PSCs

Mr Adam John Bonner

Ceased 21/03/2019

Charges1 outstanding

Charge
outstanding

ULTIMATE FINANCE LIMITED

Created 15/03/2019Registered 15/03/2019

CompanyRankvs 14764+ SIC 78109 peers
24

Financial strength11th percentile among SIC peers · 3/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees12/15 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.

Longevity8/15 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

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

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern . 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and othe

Key FinancialsYear ending 30/11/2024

Net Worth

-£8k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£39k

Current Liabilities

£40k

Fixed Assets

£9k

Debtors

£34k

Profit After Tax

-£14k

4avg. employees

Tax at Year End

Corp tax£614
Dividends paid£1k

Balance Sheet

Intangible assets£7k
Assets less current liabilities£8k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.97+£5k
20230.85-£14k
20221.24+£35k
20210.77-£8k
20201.04-£18k
20190.34

Derived from filed accounts. Not audited figures.