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Forever Prime Limited

13433262

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

38 SARNESFIELD CLOSE, MANCHESTER, M12 4PZ
Incorporated 02/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47510
Retail sale of textiles in specialised stores

Officers

Muhammad Mubasher

director · Since 02/06/2021

BUSINESSMAN

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Muhammad Mubasher

75–100% shares
75–100% votes

British · England · Age 51

38 Sarnesfield Close, Belle Vue, Manchester, M12 4PZ

Notified 02/06/2021

CompanyRankvs 1465+ SIC 47510 peers
53

Financial strength70th percentile among SIC peers · 18/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.86× · 6/20
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 strength18/25 pts

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

Employees9/15 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.

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 30/06/2024

Net Worth

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£19k

Current Liabilities

£22k

Fixed Assets

£13k

2avg. employees+1

Balance Sheet

Assets less current liabilities£10k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.86+£3k
20231.21+£653
202210.29

Derived from filed accounts. Not audited figures.