Forge Ahead Ironworks Limited in Billericay, CM12 0EQ

Description

Data updated on: 01-11-2023

Forge Ahead Ironworks Limited with reg. no. 03998703 has been a part of the business world for 25 years. This particular Private Limited Company is located at Lakeview House, 4 Woodbrook Crescent in Billericay and company's postal code is CM12 0EQ. The firm's principal business activity number is 25620 and has the NACE code: Machining. Forge Ahead Ironworks Ltd reported its latest accounts for the period that ended on 2022-05-31. The most recent confirmation statement was filed on 2023-05-22.

Michael J. is the firm's only managing director, who was chosen to lead the company on 22nd May 2000. What is more, the director's tasks are constantly assisted with by a secretary - Elizabeth J., who was appointed by this specific limited company 25 years ago.

Michael J. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31	2024-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	22 180	23 944	30 060	9 358	5 268	48 315

Balance Sheet
Cash Bank In Hand	16 874	19 151	6 967	21 733	15 448	71 516
Cash Bank On Hand						71 516	24 522	93 906	167 942	210 103	100 486	120 786	93 347	82 820
Current Assets	22 635	32 551	49 260	57 376	77 235	128 889	62 960	150 044	219 072	281 638	323 070	362 610	363 769	309 552
Debtors	5 761	13 400	42 293	27 548	61 787	57 373	38 438	56 138	51 130	49 825	187 584	221 824	250 422	205 732
Intangible Fixed Assets	1 000
Net Assets Liabilities						48 315	81 462	88 377	251 226	244 962	312 795	345 575	320 132	287 413
Net Assets Liabilities Including Pension Asset Liability			30 060	9 358	5 268	48 315
Other Debtors						833		885	5 940	380	130	132	306	500
Property Plant Equipment						83 628	137 533	141 621	239 038	255 009	228 681	206 510	166 628	159 628
Stocks Inventory				8 095
Tangible Fixed Assets	61 445	58 480	55 778	41 964	46 484	83 628
Total Inventories										21 710	35 000	20 000	20 000	21 000

Capital & Reserves
Called Up Share Capital	101	101	101	101	1	1
Profit Loss Account Reserve	22 079	23 843	29 959	9 257	5 167	48 214
Shareholder Funds	22 180	23 944	30 060	9 358	5 268	48 315

Other Financial Data
Amount Specific Advance Or Credit Directors								27 075	2 342	15 381	94 848	70 425	95 390	81 109
Amount Specific Advance Or Credit Made In Period Directors									95 761	91 485	189 803	177 365	107 491	59 115
Amount Specific Advance Or Credit Repaid In Period Directors									71 028	73 762	110 336	201 788	82 526	73 396
Accrued Liabilities						2 203	2 203	3 285	2 713	2 713	3 000	3 150	3 308	3 473
Accrued Liabilities Deferred Income						33 600	71 218	57 050	37 530	96 340	14 315	15 480	13 580	15 000
Accumulated Depreciation Impairment Property Plant Equipment						135 783	174 759	209 462	219 994	275 425	340 575	396 757	394 202	439 821
Additional Provisions Increase From New Provisions Recognised												-4 213	2 420	-8 247
Administrative Expenses	195 016
Amortisation Intangible Assets Expense	1 000	1 000
Average Number Employees During Period						9	11	10	10	10	11	10	10	10
Bank Borrowings Overdrafts														47
Capital Commitments						6 500
Capital Redemption Reserve					100	100
Corporation Tax Due Within One Year	17 248	16 464
Corporation Tax Payable						11 284	5 106	11 159	35 220	11 200	39 633	43 229	68 164	31 309
Corporation Tax Recoverable						3 442		2 560	2 560	9 364	18 740	25 928	40 494	36 143
Cost Sales	198 013
Creditors						147 583	98 014	176 762	161 632	243 234	35 750	23 325	21 126	16 700
Creditors Due Within One Year	62 900	67 087	74 978	86 511	109 285	147 583
Debtors Due Within One Year	5 761	13 400
Deferred Tax Liabilities						16 619	21 017	26 526	45 252	48 451	43 450	39 237	41 657	33 410
Depreciation Tangible Fixed Assets Expense	15 756	15 052
Disposals Decrease In Depreciation Impairment Property Plant Equipment								5 280	58 777	18 497			45 794
Disposals Property Plant Equipment								5 280	68 589	33 982			65 289
Fixed Assets	62 445	58 480	55 778	41 964	46 484
Gain Loss From Disposal Fixed Assets	-2 944
Gross Profit Loss	272 937
Increase From Depreciation Charge For Year Property Plant Equipment							38 976	39 983	69 309	73 928	65 150	56 182	43 239	45 619
Intangible Fixed Assets Aggregate Amortisation Impairment	9 000	10 000	10 000	10 000
Intangible Fixed Assets Amortisation Charged In Period		1 000
Intangible Fixed Assets Amortisation Decrease Increase On Disposals					10 000
Intangible Fixed Assets Cost Or Valuation	10 000	10 000	10 000	10 000
Intangible Fixed Assets Disposals					10 000
Interest Payable Similar Charges	582
Net Current Assets Liabilities	-40 265	-34 536	-25 718	-29 135	-32 050	-18 694	-35 054	-26 718	57 440	38 404	163 314	201 627	216 287	177 895
Number Shares Allotted		100	100	100	100	1
Number Shares Issued Fully Paid							1	1	1	1	1	1	1	1
Operating Profit Loss	77 921
Other Creditors						8 561	1 000	7 532	8 273	55 097	35 750	23 325	21 126	16 700
Other Creditors Due Within One Year		2 383
Other Taxation Social Security Payable							1 181	1 778	1 715	1 634	22 962	5 617	2 220	3 628
Par Value Share		1	1	1	1	1	1	1	1	1	1	1	1	1
Prepayments Accrued Income								1 382	3 798	4 372	4 123	4 489	1 091	2 250
Profit Loss For Period	66 960
Profit Loss On Ordinary Activities Before Tax	77 339
Property Plant Equipment Gross Cost						219 411	312 292	351 083	459 032	530 434	569 256	603 267	560 830	599 449
Provisions						16 619	21 017	26 526	45 252	48 451	43 450	39 237	41 657	33 410
Provisions For Liabilities Balance Sheet Subtotal						16 619	21 017	26 526	45 252	48 451	43 450	39 237	41 657	33 410
Provisions For Liabilities Charges				3 471	9 166	16 619
Recoverable Value-added Tax								489
Share Capital Allotted Called Up Paid	100	100	100	100	1	1
Tangible Fixed Assets Additions		9 160	11 755	4 000	16 275	59 126
Tangible Fixed Assets Cost Or Valuation	144 168	156 255	168 010	152 010	160 285	219 411
Tangible Fixed Assets Depreciation	82 723	97 775	112 232	110 046	113 801	135 783
Tangible Fixed Assets Depreciation Charged In Period		7 865	14 457	11 486	8 224	21 982
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				13 672	4 469
Tangible Fixed Assets Disposals				20 000	8 000
Tax On Profit Or Loss On Ordinary Activities	10 379
Total Additions Including From Business Combinations Property Plant Equipment							92 881	44 071	176 538	105 384	38 822	34 011	22 852	38 619
Total Assets Less Current Liabilities	22 180	23 944	30 060	12 829	14 434	64 934	102 479	114 903	296 478	293 413	391 995	408 137	382 915	337 523
Trade Creditors Trade Payables						41 839	8 329	68 883	59 066	69 626	27 736	51 480	21 368	36 434
Trade Creditors Within One Year	37 009	33 241
Trade Debtors Trade Receivables						53 098	38 438	50 822	38 832	20 328	76 322	127 430	113 142	85 730
Turnover Gross Operating Revenue	470 950
U K Current Corporation Tax	10 379
V A T Due Total Creditors	4 918	10 665
Director Remuneration	6 033	7 267

Company staff

Elizabeth J.

Role: Secretary

Appointed: 22 May 2000

Latest update: 26 June 2025

Michael J.

Role: Director

Appointed: 22 May 2000

Latest update: 26 June 2025

People with significant control

Michael J.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	29 February 2024
Account last made up date	31 May 2022
Confirmation statement next due date	05 June 2024
Confirmation statement last made up date	22 May 2023

Annual Accounts 27 February 2015
Start Date For Period Covered By Report	01 June 2013
End Date For Period Covered By Report	31 May 2014
Date Approval Accounts	27 February 2015
Annual Accounts 29 February 2016
Start Date For Period Covered By Report	01 June 2014
End Date For Period Covered By Report	31 May 2015
Date Approval Accounts	29 February 2016
Annual Accounts 28 February 2017
Start Date For Period Covered By Report	01 June 2015
End Date For Period Covered By Report	31 May 2016
Date Approval Accounts	28 February 2017
Annual Accounts
Start Date For Period Covered By Report	01 June 2016
End Date For Period Covered By Report	31 May 2017
Annual Accounts
Start Date For Period Covered By Report	01 June 2017
End Date For Period Covered By Report	31 May 2018
Annual Accounts
Start Date For Period Covered By Report	01 June 2018
End Date For Period Covered By Report	31 May 2019
Annual Accounts
Start Date For Period Covered By Report	01 June 2019
End Date For Period Covered By Report	31 May 2020
Annual Accounts
Start Date For Period Covered By Report	01 June 2020
End Date For Period Covered By Report	31 May 2021
Annual Accounts
Start Date For Period Covered By Report	01 June 2021
End Date For Period Covered By Report	31 May 2022
Annual Accounts
Start Date For Period Covered By Report	01 June 2022
End Date For Period Covered By Report	31 May 2023
Annual Accounts
Start Date For Period Covered By Report	01 June 2023
End Date For Period Covered By Report	31 May 2024
Annual Accounts 28 February 2013
End Date For Period Covered By Report	31 May 2012
Date Approval Accounts	28 February 2013
Annual Accounts 28 February 2014
End Date For Period Covered By Report	31 May 2013
Date Approval Accounts	28 February 2014

Forge Ahead Ironworks Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Elizabeth J.

Michael J.

Swift Incorporations Limited

People with significant control

Michael J.

Accounts Documents

Company filings

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