Back to search

Forever 1 Ltd

12720782

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

GILL HOUSE, BIRMINGHAM, B21 0AF
Incorporated 05/07/2020

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 04/07/2025

Due 18/07/2026

On track

Industry

96020
Hairdressing and other beauty treatment

Officers

Ms Harjinder Kaur

director · Since 18/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Ms Harjinder Kaur

75–100% shares
75–100% votes

British · England · Age 51

Gill House, 140 Holyhead Road, Birmingham, B21 0AF

Notified 18/03/2022

Former PSCs

Mr Sumeet Singh Sarao

Ceased 18/03/2022

CompanyRankvs 3841+ SIC 96020 peers
73

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/10/2024

Net Worth

£273k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£244k

Current Liabilities

£237k

Fixed Assets

£266k

Debtors

£145k

52avg. employees-2

Tax at Year End(2022)

Corp tax£48k
VAT£45k

Director Loans(2022)

Company owes directors£1k

Balance Sheet

Intangible assets£83k
Assets less current liabilities£273k
Signed by 2023-11-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.03-£110k
20231.32+£9k
20221.69+£372k£892k
20213.14

Derived from filed accounts. Not audited figures.