Forage Uk Operations Limited
13400360
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 15/05/2025
Due 29/05/2026
Industry
Officers
secretary · Since 23/04/2024
director · Since 23/04/2024
CHIEF EXECUTIVE OFFICER
AMERICAN · UNITED STATES · Age 55
director · Since 23/04/2024
CHIEF FINANCIAL OFFICER
AMERICAN · UNITED STATES · Age 49
CompanyRankvs 40012+ SIC 62012 peers26
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
been prepared in accordance with IFRS as adopted by the UK , subject to any material departures disclosed and explained in the financial statements; ∙ assess the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and ∙ use the going concern basis of accounting unless they either intend to liquidate the Company or to cease operations, o
Key FinancialsYear ending 31/12/2024
Turnover
£2.2M
Annual revenue
Net Worth
-£1.9M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£136k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£414k
Current Liabilities
£2.3M
Debtors
£330k
Cost of Sales
£393k
Gross Profit
£1.8M
Admin Expenses
£1.9M
Operating Profit
-£136k
Profit After Tax
-£136k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.18 | -£136k |
| 2023 | 0.38 | -£244k |
| 2022 | — | -£1.4M |
| 2021 | 0.82 | — |
Derived from filed accounts. Not audited figures.