Back to search

Formbend Limited

00884148

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4 CHARLES STREET INDUSTRIAL ESTATE, WEST BROMWICH, B70 0AZ
Incorporated 25/07/1966

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Mark James Warwick Hateley

director · Since 26/04/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Mr James Hateley

director · Since 31/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mr Stuart David Sefton

director · Since 31/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Formbend Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Charles Street, Great Bridge, West Bromwich, B70 0AZ

Reg: 12875831 · Companies House · Private Limited Company

Notified 31/10/2020

Former PSCs

Mr Mark James Warwick Hateley

Ceased 31/10/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 14/04/2020Registered 20/04/2020
charge
satisfied

MIDLAND BANK PLC

Created 04/05/1982Registered 10/05/1982Satisfied 04/03/2026
charge
satisfied

MIDLAND BANK PLC

Created 20/10/1970Registered 29/10/1970Satisfied 04/03/2026

CompanyRankvs 1416+ SIC 25990 peers
65

Financial strength92th percentile among SIC peers · 23/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Samuel Taylor,Limited
90
2Smith Brothers (Leicester) Limited
90
3Hospital Metalcraft Limited
90
4Carpenter & Paterson Limited
90
5Wicksteed Leisure Limited
90
6Fsg Tool & Die Limited
90
7William Smith Group 1832 Limited
90
8Arrowsmith Engineering (Coventry) Limited
90
9Destec Engineering Limited
90
10O.L.D. Engineering Company Limited
90
1416Formbend Limited
75
How is this score calculated?
Financial strength23/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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 31/10/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£969k

Cash in the bank

Profit Before Tax

£296k

Bottom line earnings

Net Current Assets

£1.3M

Working capital

Current Assets

£2.2M

Current Liabilities

£879k

Fixed Assets

£684k

Debtors

£955k

0avg. employees

Tax at Year End

Corp tax£23k

Balance Sheet

Intangible assets£0
Assets less current liabilities£2.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.45+£0
20252.45+£182k
20242.39+£189k
20231.72+£264k
20221.73+£114k
20211.66+£103k
20191.58—

Derived from filed accounts. Not audited figures.