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Forma Lighting Limited

01136769

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 7 outstanding charges (-10)

Details

UNIT 3 MITCHAM INDUSTRIAL ESTATE, MITCHAM, CR4 2AP
Incorporated 28/09/1973

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 18/11/2025

Due 02/12/2026

On track

Industry

27400
Manufacture of electric lighting equipment

Officers

Mr Lawrence Renzo Maghnagi

director · Since 08/12/1991

CHAIRMAN

BRITISH · HONGKONG · Age 78

Also on 6 other boards

Mr Saul Guido Maghnagi

director · Since 08/12/1991

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 12 other boards

Persons with Significant Control

Mr Lawrence Renzo Maghnagi

25–50% shares

British · Hong Kong · Age 78

Tower 3-15/B Cavendish Heights, 33 Perkins Road, Causewaybay

Notified 06/04/2016

Mr Saul Guido Maghnagi

25–50% shares

British · United Kingdom · Age 80

155, Cambridge Road, London, SW20 0PH

Notified 06/04/2016

Charges7 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 13/01/2011Registered 21/01/2011
charge
outstanding

BARCLAYS BANK PLC

Created 29/12/1998Registered 11/01/1999
charge
outstanding

BARCLAYS BANK PLC

Created 17/02/1997Registered 03/03/1997
charge
outstanding

BARCLAYS BANK PLC

Created 15/06/1993Registered 25/06/1993
charge
outstanding

BARCLAYS BANK PLC

Created 15/06/1993Registered 25/06/1993
charge
outstanding

BARCLAYS BANK PLC

Created 27/07/1984Registered 07/08/1984
charge
outstanding

BARCLAYS BANK PLC

Created 26/05/1981Registered 10/06/1981

CompanyRankvs 217+ SIC 27400 peers
60

Financial strength45th percentile among SIC peers · 11/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 5.36× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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217Forma Lighting Limited
70
How is this score calculated?
Financial strength11/25 pts

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

Employees9/15 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 31/12/2024

Net Worth

£1k

Balance sheet strength

Cash

£383k

Cash in the bank

Net Current Assets

£501k

Working capital

Current Assets

£616k

Current Liabilities

£115k

Fixed Assets

£669k

Debtors

£233k

2avg. employees+1

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20245.36
20234.76

Derived from filed accounts. Not audited figures.