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Forde'S Reclamations Ltd

13653648

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

QUADRANT COURT, 44/45 CALTHORPE ROAD, BIRMINGHAM, B15 1TH
Incorporated 30/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Stephen Patrick Leslie Forde

director · Since 30/09/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

Mr Stephen Patrick Leslie Forde

75–100% shares

British · United Kingdom · Age 64

Quadrant Court, 44/45, Calthorpe Road, Birmingham, B15 1TH

Notified 30/09/2021

CompanyRankvs 930+ SIC 38320 peers
55

Financial strength60th percentile among SIC peers · 15/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.27× · 12/20
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 strength15/25 pts

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

Employees8/15 pts

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

Liquidity12/20 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 30/09/2024

Net Worth

£55k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£116k

Current Liabilities

£91k

Fixed Assets

£30k

2avg. employees

Balance Sheet

Assets less current liabilities£55k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.27+£20k
20231.04-£817
20221.04

Derived from filed accounts. Not audited figures.