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Formation (Properties) Limited

02050487

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 7 outstanding charges (-10)

Details

THE STUDIO, CAPEL COTTAGE, ENFIELD, EN2 9JD
Incorporated 28/08/1986

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 07/04/2026

Due 21/04/2027

On track

Industry

68100
Buying and selling of own real estate
74909
Other professional, scientific and technical activities

Officers

Mr Bruce John Forrester

director · Since 19/04/1991

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Kathryn Stanley

secretary · Since 12/04/1996

BRITISH

Persons with Significant Control

Mr Bruce John Forrester

Significant control

British · England · Age 67

The Studio, Capel Cottage, 224 Clay Hill, Enfield, EN2 9JD

Notified 05/04/2017

Charges7 outstanding

Charge
outstanding

HSBC BANK PLC

Created 06/01/2014Registered 10/01/2014
charge
outstanding

HSBC BANK PLC

Created 10/03/2006Registered 21/03/2006
charge
outstanding

HSBC BANK PLC

Created 30/09/2005Registered 01/10/2005
charge
outstanding

HSBC BANK PLC

Created 25/02/2004Registered 26/02/2004
charge
outstanding

HSBC BANK PLC

Created 15/01/2004Registered 16/01/2004
charge
satisfied

HSBC BANK PLC

Created 14/04/2000Registered 15/04/2000Satisfied 17/11/2000
charge
satisfied

MIDLAND BANK PLC

Created 28/01/1991Registered 30/01/1991Satisfied 03/08/1992
charge
satisfied

MIDLAND BANK PLC

Created 31/03/1989Registered 04/04/1989Satisfied 13/04/1990
charge
satisfied

MIDLAND BANK PLC

Created 07/12/1988Registered 21/12/1988Satisfied 23/11/1989
charge
satisfied

MIDLAND BANK PLC

Created 12/08/1988Registered 16/08/1988Satisfied 03/03/1989
charge
satisfied

MIDLAND BANK PLC

Created 26/04/1988Registered 18/05/1988Satisfied 09/01/1989
charge
satisfied

MIDLAND BANK PLC

Created 24/03/1988Registered 29/03/1988Satisfied 29/09/1988
charge
satisfied

MIDLAND BANK PLC

Created 11/11/1987Registered 17/11/1987Satisfied 15/04/1988
charge
outstanding

MIDLAND BANK PLC

Created 06/11/1987Registered 12/11/1987
charge
satisfied

MIDLAND BANK PLC

Created 05/10/1987Registered 20/10/1987Satisfied 28/07/1988
charge
satisfied

JOAN FORRESTER · JOHN FREDERICK FORRESTER

Created 25/06/1987Registered 09/07/1987Satisfied 06/11/1987
charge
satisfied

MIDLAND BANK PLC

Created 21/05/1987Registered 28/05/1987Satisfied 06/11/1987
charge
outstanding

MIDLAND BANK PLC

Created 01/03/1987Registered 13/03/1987

CompanyRankvs 2730+ SIC 68100 peers
73

Financial strength94th percentile among SIC peers · 24/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 22.7× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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6Abbey Manor Group Limited
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2730Formation (Properties) Limited
83
How is this score calculated?
Financial strength24/25 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 31/01/2025

Net Worth

£646k

Balance sheet strength

Cash

£273k

Cash in the bank

Net Current Assets

£289k

Working capital

Current Assets

£302k

Current Liabilities

£13k

Fixed Assets

£395k

Debtors

£30k

1avg. employees

Balance Sheet

Assets less current liabilities£684k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202522.70+£22k
202410.56+£39k
20239.06+£231k
202219.89+£79k
202153.22+£33k
202045.65+£16k
201965.80—

Derived from filed accounts. Not audited figures.