Forge Care Homes Limited in Newport, NP20 7DQ

Description

Data updated on: 01-11-2023

Registered with number 06853531 15 years ago, Forge Care Homes Limited was set up as a Private Limited Company. The firm's present registration address is Millheath Nursing Home Parret Road, Bettws Newport. This firm's SIC and NACE codes are 87100 which stands for Residential nursing care facilities. The firm's latest filed accounts documents were submitted for the period up to 2021-09-30 and the latest annual confirmation statement was released on 2023-03-20.

The company operates as a hospital, childcare centre or caring centre. Its FHRSID is 52910. It reports to Cardiff and its last food inspection was carried out on 2017-01-05 in The Forge Care Centre, Cardiff, CF5 5TD. The most recent quality assessment result obtained by the company is 4, which translates as good. The components comprising this value are the following inspection results: 10 for hygiene, 0 for its structural management and 5 for confidence in management.

From the information we have gathered, the following limited company was created in Friday 20th March 2009 and has been managed by three directors, and out this collection of individuals two (David B. and Mark P.) are still listed as current directors.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-09-30	2021-09-30
Currency

Balance Sheet
Cash Bank On Hand	777 963	901 333
Current Assets	3 166 370	3 561 129
Debtors	2 379 977	2 651 366
Net Assets Liabilities	5 542 430	6 123 316
Other Debtors	1 001 254	927 621
Property Plant Equipment	8 362 647	8 360 168
Total Inventories	8 430	8 430

Other Financial Data
Audit Fees Expenses	10 200	12 930
Accumulated Depreciation Impairment Property Plant Equipment	2 728 904	2 783 194
Additions Other Than Through Business Combinations Property Plant Equipment		51 811
Administration Support Average Number Employees	5	5
Administrative Expenses	679 444	426 601
Amounts Owed By Related Parties	1 336 204	1 624 653
Amounts Owed To Related Parties	153 526	143 666
Amount Specific Bank Loan	2 263 296	2 101 197
Applicable Tax Rate	19	19
Average Number Employees During Period	141	143
Balances With Banks	777 854	901 253
Bank Borrowings	4 480 790	4 122 833
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	4 992 950	4 992 950
Cash Cash Equivalents	777 963	901 333
Cash Cash Equivalents Cash Flow Value	777 963
Cash On Hand	109	80
Comprehensive Income Expense	544 202	580 886
Cost Sales	2 909 764	2 998 400
Creditors	4 480 790	4 122 833
Current Tax For Period	129 094	165 525
Deferred Tax Assets	392 284	516 163
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-3 028	-2 371
Deferred Tax Liabilities	5 621	7 993
Depreciation Amortisation Expense	65 069	54 289
Depreciation Expense Property Plant Equipment	65 069	54 289
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	2 345 510
Further Item Creditors Component Total Creditors	3 142 509	2 737 778
Further Revenue Item Component Total Revenue	553 018	731 444
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	51 881	282
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	18 464	271 389
Gain Loss On Revaluation Property Plant Equipment Net Tax In Other Comprehensive Income		-123 879
Gross Profit Loss	1 464 121	1 392 302
Income Taxes Paid Refund Classified As Operating Activities	59 359	129 094
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	305 816	123 370
Increase Decrease In Existing Provisions		121 508
Increase From Depreciation Charge For Year Property Plant Equipment		54 290
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	114 409	97 782
Interest Paid Classified As Financing Activities	-114 409	-97 782
Interest Paid Classified As Operating Activities	114 409	97 782
Interest Payable Similar Charges Finance Costs	114 409	97 782
Net Cash Flows From Used In Financing Activities	-408 735	-444 044
Net Cash Flows From Used In Operating Activities	720 042	619 225
Net Cash Generated From Operations	779 401	748 319
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	849 746	1 019 990
Net Current Assets Liabilities	2 047 236	2 394 152
Number Shares Issued Fully Paid	100	100
Other Comprehensive Income Expense Net Tax		-123 879
Other Creditors	349 536	358 041
Other Employee Expense	12 379	15 771
Other Payables Accrued Expenses	13 200	13 200
Other Post-employment Benefit Costs	193 297	117 283
Par Value Share		1
Profit Loss	544 202	704 765
Profit Loss On Ordinary Activities Before Tax	670 268	867 919
Property Plant Equipment Gross Cost	11 091 551	11 143 362
Provisions	386 663	508 171
Provisions For Liabilities Balance Sheet Subtotal	386 663	508 171
Purchase Property Plant Equipment	-5 491	-51 811
Raw Materials Consumables	8 430	8 430
Repayments Borrowings Classified As Financing Activities	-2 639 836	-346 262
Revenue From Sale Goods	3 820 867	3 659 258
Selling Average Number Employees	136	138
Social Security Costs	167 000	184 425
Staff Costs Employee Benefits Expense	2 765 848	2 732 907
Taxation Social Security Payable	96 901	94 662
Tax Expense Credit Applicable Tax Rate	127 351	164 905
Tax Increase Decrease From Effect Capital Allowances Depreciation		-2 110
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	-1 285	359
Tax Tax Credit On Profit Or Loss On Ordinary Activities	126 066	163 154
Total Assets Less Current Liabilities	10 409 883	10 754 320
Total Borrowings	4 480 790	4 122 833
Trade Creditors Trade Payables	42 307	45 619
Trade Debtors Trade Receivables	42 519	99 092
Turnover Revenue	4 373 885	4 390 702
Wages Salaries	2 393 172	2 415 428
Amount Specific Advance Or Credit Directors	321 690	321 690

Company staff

David B.

Role: Director

Appointed: 20 March 2009

Latest update: 1 February 2024

Mark P.

Role: Director

Appointed: 20 March 2009

Latest update: 1 February 2024

People with significant control

Executives with significant control over the firm are: David B. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Mark P. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

David B.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Mark P.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	30 September 2021
Confirmation statement next due date	03 April 2024
Confirmation statement last made up date	20 March 2023

Annual Accounts
Start Date For Period Covered By Report	2020-10-01
End Date For Period Covered By Report	2021-09-30

Forge Care Homes Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

David B.

Mark P.

Samuel L.

7side Secretarial Limited

People with significant control

David B.

Mark P.

Accounts Documents

The Forge Care Homes food hygiene ratings

Hospitals/Childcare/Caring Premises address

Address

Suburb

City

County

State

Post code

Food rating: 4

Hygiene

Structural

Confidence in Management

Company filings

Filing category

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