FORGED MOTORS LIMITED

💤Zombieactive
13766240 · ltd · incorporated 2021-11-25
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
£-35.0k
book net assets
Opportunity
60/100
Worth a look
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £35,042

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£35k
↓ 3.7% YoY
Current Assets
£285k
↑ 37% YoY
Current Liabilities
-£35k£29k£93k£157k£221k£285kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-11-302023-11-30
Total assets£-35.0k£-33.8k
Current assets£285.4k£207.8k
Net assets£-35.0k£-33.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-05-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2025-05-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-02-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-02-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-09-06
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2024-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-02-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-02-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2024-02-09
    MACIEJEWSKA, Jennifer Jane appointed
    director
  11. 2024-02-09
    MACIEJEWSKI, Stefan resigned
    director
  12. 2024-02-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-02-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2023-04-03
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  16. 2023-04-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2023-03-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2023-02-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  19. 2021-11-25
    🏢
    Company incorporated
    As FORGED MOTORS LIMITED
  20. 2021-11-25
    MACIEJEWSKI, Stefan appointed
    director
  21. 2021-11-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-10

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-09-06: certificate-change-of-name-company

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stefan Maciejewski
Individual · British · DOB 10/1979 · age 47
75100%
75–100%75-100% shares · 75-100% voting15/05/2025
Mrs Jennifer Jane Maciejewska
Individual · British · DOB 02/1977 · age 49
sig. influencesignificant influence12/02/2024
1 historic (ceased) PSC
  • Mr Stefan Maciejewskiceased 12/02/2024· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2021-11-25
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

Unit 5 Barncroft Farm, Woodend Lane
Mobberley
Knutsford
WA16 7LZ
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-06-10OVERDUE
Last: 2025-05-27

Officers (1 active · 1 resigned)

MACIEJEWSKA, Jennifer Jane
director · ~49y · appointed 2024-02-09
View their other companies + combined net worth →
Active
MACIEJEWSKI, Stefan
director · ~47y · appointed 2021-11-25 · resigned 2024-02-09
Resigned

Click a director name to see their full track record across all companies.

Recent filings (22 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-11
certificate-change-of-name-company
change-of-name · CERTNM
2024-09-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-12
termination-director-company-with-name-termination-date
officers · TM01
2024-02-09
appoint-person-director-company-with-name-date
officers · AP01
2024-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-29