FORD WINDOWS LIMITED
Company number 02967006 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Risk Rating
LOW — with monitoring points. The company is solvent on available data: net assets are £5.73m, cash is £1.51m, profitability improved materially in 2024, the audit opinion is clean, and statutory filings are not shown as overdue. The principal risks are governance concentration and sensitivity to UK housing-market conditions rather than imminent financial distress.
Key Concerns
1. Concentrated corporate ownership and limited UBO transparency
Griffingold Limited holds more than 75% of the shares and voting rights, and has the right to appoint and remove directors. No individual person with significant control is disclosed in the available data. This concentration gives scope for related-party transactions and dividend decisions that may not always align with minority or external stakeholder interests. The ultimate beneficial ownership chain needs to be traced.
2. Rising total liabilities alongside a substantial dividend payout
Total liabilities increased from £2.22m in 2023 to £2.61m in 2024, an increase of roughly 17.4%. During the same year, the company paid dividends of £1.20m. Despite profit before tax of £2.06m, net assets increased by only £316k. Cash is healthy, but