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Forged On The Levels Ltd

13686928

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

WALKER HOUSE, SOMERTON, TA11 7LX
Incorporated 18/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Paul David Gorman

director · Since 18/10/2021

BLACKSMITH

BRITISH · ENGLAND · Age 43

Mrs Victoria Louise Gorman

director · Since 16/07/2025

UNIVERSITY ADMISSIONS OFFICER

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Paul David Gorman

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

Walker House, Market Place, Somerton, TA11 7LX

Notified 18/10/2021

Mrs Victoria Louise Gorman

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

Walker House, Market Place, Somerton, TA11 7LX

Notified 18/10/2021

CompanyRankvs 2224+ SIC 25620 peers
28

Financial strength8th percentile among SIC peers · 2/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.18× · 2/20
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 strength2/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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 31/10/2025

Net Worth

-£4k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£2k

Current Liabilities

£11k

Fixed Assets

£5k

Debtors

£531

1avg. employees

Balance Sheet

Assets less current liabilities-£4k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.18+£0
20250.18+£2k
20240.12-£1k
20230.21

Derived from filed accounts. Not audited figures.