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Forge Technologies Ltd

12867678

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

7 BELL YARD, LONDON, WC2A 2JR
Incorporated 09/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Samuel Martin Simpson

director · Since 09/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Jason Sebastian Osmond

director · Since 17/02/2021

CEO

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Mr Jeremy Humphrey

director · Since 10/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Sam Simpson

25–50% shares
25–50% votes

British · United Kingdom · Age 51

7, Bell Yard, London, WC2A 2JR

Notified 24/05/2022

Former PSCs

Mr Samuel Martin Simpson

Ceased 24/05/2022

Mr Jason Sebastian Osmond

Ceased 09/12/2021

CompanyRankvs 41969+ SIC 62090 peers
43

Financial strength5th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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41969Forge Technologies Ltd
38
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.

Employees15/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£48k

Balance sheet strength

Cash

£672k

Cash in the bank

Net Current Assets

-£86k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.7M

Fixed Assets

£38k

Debtors

£966k

32avg. employees+20

Balance Sheet

Intangible assets£9k
Assets less current liabilities-£48k
Signed by 12867678 2023-10-01 2024-09-30 12867678 2024-09-30 12867678 bus:OrdinaryShareClass1 2024-09-30 12867678 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95-£355k
20231.34+£148k
20223.29+£103k
20213.12—

Derived from filed accounts. Not audited figures.