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Formula Sound Limited

01134234

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 23 STADIUM BUSINESS CENTRE, WEMBLEY, HA9 0AT
Incorporated 14/09/1973

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

27900
Manufacture of other electrical equipment

Officers

Mrs Jaswanti Devshi Gami

secretary · Since 21/09/2005

BRITISH · UNITED KINGDOM · Age 64

Also on 4 other boards

Mr Devshi Dayalal Gami

director · Since 21/09/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 4 other boards

Persons with Significant Control

Naina International Ltd

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

Ges House, Unit 23, Stadium Business Centre, North End Road, Wembley, HA9 0AT

Reg: 03384023 · Companies House · Limited Company

Notified 16/01/2017

Charges0 outstanding

charge
satisfied

WILLIAMS & GLYN'S BANK PLC

Created 06/07/1984Registered 17/07/1984Satisfied 16/09/2005
charge
satisfied

WILLIAMS & GLYN'S BANK PLC

Created 01/07/1983Registered 11/07/1983Satisfied 09/09/2005

CompanyRankvs 1006+ SIC 27900 peers
59

Financial strength57th percentile among SIC peers · 14/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1006Formula Sound Limited
59
How is this score calculated?
Financial strength14/25 pts

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

Employees3/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 31/12/2025

Net Worth

£32k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£79k

Current Liabilities

£57k

Fixed Assets

£10k

0avg. employees-1

Balance Sheet

Assets less current liabilities£32k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.39+£10k
20241.15+£10k
20231.08+£372
20221.17-£13k
20211.45+£520
20201.45-£3k
20191.56-£17k
20181.54—

Derived from filed accounts. Not audited figures.