Back to search

Formation (Properties) Limited

02050487

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

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
outstanding

MIDLAND BANK PLC

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

MIDLAND BANK PLC

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

CompanyRankvs 2793+ SIC 68100 peers
73

Financial strength94th percentile among SIC peers · 24/25
Employees59th 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
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Abbott Bros.(Kent),Limited
90
8Stonewood Securities Limited
90
9Braintree Bungalows Limited
90
10Bennett'S Stores Limited
90
2793Formation (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—

Derived from filed accounts. Not audited figures.