FORGEWAY LTD
Get an alert when FORGEWAY LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£68k
-92.7% lowest in 3 filed years
Net assets
£3m
-7.3% lowest in 3 filed years
Employees
64
-1.5% lowest in 3 filed years
Profit before tax
£237k
+368.8% highest in 3 filed years
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £14,290,250 | £13,420,453 | £12,580,162 | -6.3% | |
| Operating profit | £80,503 | £146,192 | £326,442 | +123.3% | |
| Profit before tax | -£16,894 | £50,486 | £236,681 | +368.8% | |
| Net profit | -£41,894 | -£45,696 | £167,678 | +466.9% | |
| Cash | £749,581 | £932,918 | £68,355 | -92.7% | |
| Total assets less current liabilities | £3,766,829 | £3,427,809 | £3,397,712 | -0.9% | |
| Net assets | £3,406,531 | £3,195,835 | £2,963,513 | -7.3% | |
| Equity | £3,406,531 | £3,195,835 | £2,963,513 | -7.3% | |
| Average employees | 66 | 65 | 64 | -1.5% | |
| Wages | £2,121,374 | £2,182,487 | £2,262,670 | +3.7% | |
| Directors' remuneration | £20,000 | £20,000 | £30,000 | +50% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.6% | 1.1% | 2.6% | |
| Net margin | -0.3% | -0.3% | 1.3% | |
| Return on capital employed | 2.1% | 4.3% | 9.6% | |
| Gearing (liabilities / total assets) | 59.8% | 61.4% | — | |
| Current ratio | 1.33x | 1.35x | 1.37x | |
| Interest cover | 0.74x | 1.52x | 3.64x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Francis Clark
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Following this review and having made all necessary enquiries, based on the information available to date the directors are satisfied that the company is expected to maintain sufficient cash balances to meet working capital requirements and scheduled borrowing repayments for a period of at least twelve months from the date of approval of these financial statements. Accordingly, the directors continue to adopt the going concern basis of presentation.”
Significant events
- “Post year end the company has sold freehold property owned at the balance sheet date. The consideration received was £550,000 + VAT. A portion of the proceeds has been used to repay bank borrowings which had a liability at 31 December 2025 of £189,730.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUCKLEY, Laurence Edward | Director | 2010-04-21 | Jan 1946 | British |
| BUCKLEY, Roderick | Director | 2013-09-30 | Dec 1976 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUCKLEY, Glen | Director | 2013-09-30 | 2025-06-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Forgeway Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-10-13 | Active |
| Mr Glen Buckley | Individual | Shares 25–50% | 2016-04-06 | Ceased 2017-10-13 |
| Laurence Edward Buckley | Individual | Shares 25–50% | 2016-04-06 | Ceased 2017-10-13 |
| Roderick Buckley | Individual | Shares 25–50% | 2016-04-06 | Ceased 2017-10-13 |
Filing timeline
Last 20 of 57 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-03-24 MA Memorandum articles
- 2021-03-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-25 | AA | accounts | Accounts with accounts type full | |
| 2026-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-21 | CH01 | officers | Change person director company with change date | |
| 2026-02-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-23 | AA | accounts | Accounts with accounts type full | |
| 2024-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-22 | CH01 | officers | Change person director company with change date | |
| 2023-08-08 | AA | accounts | Accounts with accounts type full | |
| 2023-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-22 | AA | accounts | Accounts with accounts type full | |
| 2022-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-27 | AA | accounts | Accounts with accounts type full | |
| 2021-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-24 | SH01 | capital | Capital allotment shares | |
| 2021-03-24 | MA | incorporation | Memorandum articles | |
| 2021-03-24 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.