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Forthstar Development Limited

15537911

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

FOUNDATION, ALTRINCHAM, WA14 1SG
Incorporated 03/03/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Paul Kenneth Gouge

director · Since 03/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 49

Mr Alexander John Rigby

director · Since 03/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Forthstar Limited

75–100% shares
75–100% votes
Appoint directors

Station House, Stamford New Road, Altrincham, WA14 1EP

Reg: 14677456 · Uk Register Of Companies · Private Company Limited By Shares

Notified 03/03/2024

CompanyRankvs 1407+ SIC 62011 peers
54

Financial strength96th percentile among SIC peers · 24/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 23.59× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 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.

Longevity2/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.d. Going concern The Directors have prepared forecasts for the business and have assessed the Company's ability to continue as a going concern. These forecasts take into account the Company's curr

Key FinancialsYear ending 31/03/2025

Net Worth

£550k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£550k

Working capital

Current Assets

£575k

Current Liabilities

£24k

Debtors

£566k

0avg. employees

Balance Sheet

Assets less current liabilities£550k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
202523.59

Derived from filed accounts. Not audited figures.