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Formways Limited

00648036

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THE ANNEXE, GLENRIDDING MANOR, ULLSWATER WAY,, PENRITH,
Incorporated 27/01/1960

Compliance

Last accounts

30/08/2024

total exemption full

Next accounts due

30/05/2026

On track

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr Stephen William Hutchinson

director · Since 01/10/1992

ENGINEER

BRITISH · UNITED KINGDOM · Age 68

Also on 18 other boards

Mr Stephen William Hutchinson

secretary · Since 03/01/2006

ENGINEER

BRITISH · UNITED KINGDOM · Age 68

Also on 18 other boards

Ms Lynne Eaves

director · Since 29/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Persons with Significant Control

Ullswater Hotel Limited

75–100% shares
75–100% votes

Glenridding Manor House, Glenridding, Penrith, CA11 0PH

Notified 27/06/2020

Former PSCs

Ullswater Hotel Ltd

Ceased 24/08/2024

Mr Stephen William Hutchinson

Ceased 24/08/2024

Charges2 outstanding

charge
outstanding

DARLINGTON BUILDING SOCIETY

Created 03/07/2012Registered 05/07/2012
charge
outstanding

DARLINGTON BUILDING SOCIETY

Created 17/06/2011Registered 23/06/2011
charge
satisfied

ALLIED IRISH BANKS P.L.C.

Created 02/04/1991Registered 15/04/1991Satisfied 15/11/2002
charge
satisfied

ALLIED IRISH BANKS P.L.C.

Created 02/04/1991Registered 15/04/1991Satisfied 15/11/2002
charge
satisfied

ALLIED IRISH BANKS P.L.C.

Created 02/04/1991Registered 15/04/1991Satisfied 15/11/2002
charge
satisfied

LESLEY PATRICIA KYLE.

Created 30/05/1984Registered 06/06/1984Satisfied 15/11/2002

CompanyRankvs 4462+ SIC 55100 peers
47

Financial strength61th percentile among SIC peers · 15/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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4462Formways Limited
53
How is this score calculated?
Financial strength15/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/08/2024

Net Worth

£15k

Balance sheet strength

Cash

£15

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£191k

Current Liabilities

£228k

Fixed Assets

£206k

Debtors

£191k

1avg. employees

Balance Sheet

Assets less current liabilities£169k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.84-£43k
20231.30-£20k
20221.51-£16k
20211.67+£3k
20203.20-£3k
20193.62+£4k
20183.55—

Derived from filed accounts. Not audited figures.