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Forge Legal Ltd

12148498

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

NYDE BANK, CHARD, TA20 2HS
Incorporated 09/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors
69109
Activities of patent and copyright agents; other legal activities

Officers

Paul Matthew Tovey

director · Since 09/08/2019

LAWYER

BRITISH · UNITED KINGDOM · Age 45

Persons with Significant Control

Paul Matthew Tovey

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

British · United Kingdom · Age 45

Nyde Bank, Holbear, Forton Road, Chard, TA20 2HS

Notified 09/08/2019

CompanyRankvs 8823+ SIC 69102 peers
27

Financial strength4th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/12/2025

Net Worth

-£20k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£7k

Current Liabilities

£27k

Fixed Assets

£499

Debtors

£478

0avg. employees

Balance Sheet

Assets less current liabilities-£20k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.24-£3k
20240.09-£2k
20230.23

Derived from filed accounts. Not audited figures.