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Forty Lane Ltd

13512436

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 15/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Snehal Radia

director · Since 31/05/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 7 other boards

Persons with Significant Control

Mr Snehal Radia

Significant control

British · England · Age 62

71-75, Shelton Street, London, WC2H 9JQ

Notified 31/05/2024

Sarisha Limited

75–100% shares
75–100% votes

Aston House, Cornwall Avenue, London, N3 1LF

Reg: 12302796 · England And Wales · Limited Company

Notified 31/05/2024

Former PSCs

Mr Elias Abdo Karam

Ceased 31/05/2024

Mr Andrew James Rodgers

Ceased 01/12/2023

Charges2 outstanding

Charge
outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 12/03/2025Registered 13/03/2025
Charge
outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 12/03/2025Registered 13/03/2025
Charge
satisfied

UNITED TRUST BANK LIMITED

Created 20/01/2022Registered 27/01/2022Satisfied 13/08/2025
Charge
satisfied

UNITED TRUST BANK LIMITED

Created 20/01/2022Registered 27/01/2022Satisfied 13/08/2025

CompanyRankvs 74910+ SIC 41100 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees7/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£520k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£4.4M

Working capital

Current Assets

£4.4M

Current Liabilities

£4.9M

Debtors

£128k

1avg. employees

Balance Sheet

Assets less current liabilities£4.4M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89+£0
20250.89-£413k
2024292.69-£76k
20230.02-£25k
20220.11—

Derived from filed accounts. Not audited figures.