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Forage Direct Limited

12530332

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2 EDGECOTE DRIVE COTTAGES, BANBURY, OX17 1AG
Incorporated 23/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01629
01629
49410
Freight transport by road

Officers

Mr Jack Sherborn Hoare

director · Since 23/03/2020

FARMER

BRITISH · ENGLAND · Age 33

Also on 1 other board

Persons with Significant Control

Mr Jack Sherborn Hoare

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

British · England · Age 33

8, Hogg End, Chipping Warden, OX17 1JU

Notified 23/03/2020

Charges1 outstanding

Charge
outstanding

OXBURY BANK PLC

Created 24/07/2025Registered 28/07/2025

CompanyRankvs 1128+ SIC 01629 peers
38

Financial strength69th percentile among SIC peers · 17/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees4/15 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.

Longevity6/15 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

£53k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£119k

Current Liabilities

£131k

Fixed Assets

£158k

1avg. employees-1

Balance Sheet

Assets less current liabilities£146k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91+£23k
20240.88+£18k
20231.02

Derived from filed accounts. Not audited figures.