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Forwood Products Ltd

13636346

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

WOODBERRY BERICOTE ROAD, LEAMINGTON SPA, CV32 6QP
Incorporated 22/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Christopher David Barr

director · Since 22/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 62

James Leonard Barr

director · Since 22/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr David Barr

75–100% shares

British · United Kingdom · Age 96

Woodberry, Bericote Road, Leamington Spa, CV32 6QP

Notified 24/10/2021

Former PSCs

James Leonard Barr

Ceased 22/09/2021

Susan Philippa Barr

Ceased 22/09/2021

Christopher David Barr

Ceased 22/09/2021

Eleanor Mary Barr

Ceased 22/09/2021

Mrs Mary Barr

Ceased 26/12/2022

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 31/01/2024Registered 02/02/2024
Charge
outstanding

LLOYDS BANK PLC

Created 31/01/2024Registered 02/02/2024
Charge
outstanding

LLOYDS BANK PLC

Created 31/01/2024Registered 01/02/2024

CompanyRankvs 6276+ SIC 64209 peers
59

Financial strength71th percentile among SIC peers · 18/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.78× · 20/20
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 strength18/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/12/2025

Net Worth

£104k

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.3M

Current Liabilities

£273k

Fixed Assets

£893k

Debtors

£2k

2avg. employees

Tax at Year End(2024)

Corp tax£9k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.78+£42k
202428.39+£25k
202314.82

Derived from filed accounts. Not audited figures.