Forefront Engineering Ltd
- Small
- Active
- 2 years
- 5 employees
- £25,150 (assets)
- Real address
- 5 directors
- 1 owner
- Irregular importer
- Irregular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Forefront Engineering Ltd, based in Towcester, UK, is a small, active company founded two years ago. With five employees and £25,150 in assets, it’s a solo-founded operation managed by five directors and a single owner. The company is a irregular importer and exporter of machinery, boilers, and mechanical appliances, with recent activity recorded in both September 2023 (imports) and February 2024 (exports).
The company’s website showcases its expertise in engineering design, manufacture, and development, specializing in hot air pipe forming, infrared pipe forming, assembly machines, fixture design, and bespoke machine builds. It highlights advancements in manufacturing technology, offering cost-effective forming tools for standard hot air machines—a clean and energy-efficient alternative to traditional ovens. The website clearly targets industrial clients seeking custom solutions.
Financially, Forefront Engineering Ltd presents a mixed picture. While net assets remain at -£130,000, cash reserves are steady at £4,700. Bank borrowings are significant at £72,000, and trade debtors are £20,000, suggesting a reliance on credit. Creditors are £14,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the negative equity raises questions. As a small company, it’s exempt from an audit, so the figures are unaudited.
The company's focus on niche engineering solutions and custom manufacturing could be a strength, but the financial data suggests it’s burning through money. It’s possible the company is reinvesting heavily in its business, but the lack of profit is a concern.
Registered in England/Wales under the registration number 14598815, with a registered address at NN12 6FP, England, Towcester, Unit 7 Foundry Place, Old Tiffield Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Payne David
- 2 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Payne Hannah Mae
- 1 year
- 4
-
Resident of United Kingdom
-
Individual
- Payne Jack James
- 1 year
- 3
-
Resident of United Kingdom
-
Individual
- Payne Sam Oliver
- 1 year
- 3
-
Resident of United Kingdom
-
Individual
- Payne Bridget Josephine
- 1 year
- 3
-
Resident of United Kingdom
-
Individual
- Payne David
- 2 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Confirmation statement made on 2024-07-06 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-11-30Download 10 pages pdf report
-
Previous accounting period shortened from 2024-01-31 to 2023-11-30Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Forefront Engineering Ltd
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