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Forge Valley Transport Ltd

13189631

active
Private Limited Company
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

STIRLING HOUSE CHURCH ROAD, WOLVERHAMPTON, WV5 9DJ
Incorporated 09/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Liam Michael Simner

director · Since 09/02/2021

British

Rebecca Withers

director · Since 12/04/2021

British

Former

Andrew James Shortland

director · Resigned 20/04/2022

CompanyRankvs 402600+ SIC 49410 peers
27

Financial strength3th percentile among SIC peers · 1/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity5 years trading (max 15) · 5/15
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.

Employees4/15 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.

Longevity5/15 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 28/02/2025

Net Worth

-£38k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£52k

Working capital

Current Assets

£33k

Current Liabilities

£85k

Fixed Assets

£14k

Debtors

£26k

1avg. employees

Balance Sheet

Assets less current liabilities-£38k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39-£33k
20230.58

Derived from filed accounts. Not audited figures.