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Nforcd Ltd

12597701

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

RED HOUSE FARM SOUTHAM ROAD, SOUTHAM, CV47 8NG
Incorporated 12/05/2020

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 11/05/2026

Due 25/05/2027

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Daniel James Spence

director · Since 12/05/2020

SALES PERSON

BRITISH · ENGLAND · Age 26

Also on 6 other boards

Persons with Significant Control

Mr Daniel James Spence

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

British · England · Age 26

Red House Farm, Southam Road, Southam, CV47 8NG

Notified 12/05/2020

CompanyRankvs 1331+ SIC 29320 peers
33

Financial strength4th percentile among SIC peers · 1/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity6 years trading (max 15) · 6/15
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.

Employees9/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

-£86k

Balance sheet strength

Cash

£836

Cash in the bank

Net Current Assets

-£87k

Working capital

Current Assets

£8k

Current Liabilities

£95k

Fixed Assets

£826

Debtors

£1k

2avg. employees

Balance Sheet

Assets less current liabilities-£86k
Signed by Mr D Spence 27/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£0
20250.09-£29k
20240.16-£12k
20230.17

Derived from filed accounts. Not audited figures.