Formula Systems Limited
01768135
Some Concerns
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/02/2013
CONSULTANCY
BRITISH · ENGLAND · Age 50
Also on 4 other boards
director · Since 06/10/2015
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 79
Also on 1 other board
Persons with Significant Control
Airdri Ltd
Technology House, Oakfield Industrial Estate, Witney, OX29 4AQ
Reg: 01156251 · Companies House · Private Company Limited By Shares
Notified 06/04/2016
Charges0 outstanding
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CompanyRankvs 9409+ SIC 32990 peers43
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
£12k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£18k
Working capital
Current Assets
—
Current Liabilities
—
Debtors
£18k
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2024 | +£0 |
Derived from filed accounts. Not audited figures.