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Workplace Forklift Training Ltd

14571592

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

UNIT 14 WITNEY WAY, BOLDON COLLIERY, NE35 9PE
Incorporated 05/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mr Stephen George Chisholm

director · Since 05/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 1 other board

Persons with Significant Control

Mr Stephen George Chisholm

50–75% shares
50–75% votes
Appoint directors

British · England · Age 62

Unit 14, Witney Way, Boldon Colliery, NE35 9PE

Notified 05/01/2023

Former PSCs

Mr Colin Ratcliffe

Ceased 22/09/2023

CompanyRankvs 37688+ SIC 85590 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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37688Workplace Forklift Training Ltd
23
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.

Employees2/15 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.

Longevity4/15 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 31/01/2026

Net Worth

-£77k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£2k

Current Liabilities

£82k

Fixed Assets

£1k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£77k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20260.03-£29k
20250.13-£29k
20240.17—

Derived from filed accounts. Not audited figures.