Forever 1 Ltd
12720782
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/10/2024
unaudited abridged
Next accounts due
31/07/2026
Confirmation statement
Last: 04/07/2025
Due 18/07/2026
Industry
Officers
Persons with Significant Control
Ms Harjinder Kaur
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 peers73
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Tax at Year End(2022)
Director Loans(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.03 | -£110k | — |
| 2023 | 1.32 | +£9k | — |
| 2022 | 1.69 | +£372k | £892k |
| 2021 | 3.14 | — | — |
Derived from filed accounts. Not audited figures.