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Formulated Polymer Products Limited

02308906

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

GARDEN STREET, BURY, BL0 9BQ
Incorporated 26/10/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20590
Manufacture of other chemical products

Officers

Mr Neil Ernest Howarth

director · Since 24/06/1994

SALES DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mr David Lawrence Mortimer

secretary · Since 16/01/1996

CRANE HIRER

BRITISH · ENGLAND · Age 64

Also on 13 other boards

Mr David Lawrence Mortimer

director · Since 16/01/1996

CRANE HIRER

BRITISH · ENGLAND · Age 64

Also on 13 other boards

Persons with Significant Control

David Lawrence Mortimer

Significant control

British · United Kingdom · Age 64

25 Tagg Wood View, Ramsbottom, Bury, BL0 9XP

Notified 06/04/2016

Neil Ernest Howarth

Significant control

British · United Kingdom · Age 70

6 Greenmount Drive, Bury, BL8 4HA

Notified 06/04/2016

Fpp Acquisitions Limited

75–100% shares
75–100% votes

8, Garden Street, Bury, BL0 9BQ

Reg: 14221656 · England And Wales · Limited Company

Notified 06/12/2023

Former PSCs

Mr David Lawrence Mortimer

Ceased 06/12/2023

Mr Neil Ernest Howarth

Ceased 06/12/2023

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 17/02/2023Registered 20/02/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 18/09/2020Registered 25/09/2020
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/01/1997Registered 14/02/1997Satisfied 21/09/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/09/1996Registered 24/09/1996Satisfied 25/09/2010

CompanyRankvs 168+ SIC 20590 peers
72

Financial strength89th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.69× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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168Formulated Polymer Products Limited
78
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 30/06/2025

Net Worth

£2.5M

Balance sheet strength

Cash

£633k

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£5.4M

Current Liabilities

£3.2M

Fixed Assets

£369k

Debtors

£3.2M

29avg. employees

Tax at Year End(2017)

Corp tax£78k

Balance Sheet

Assets less current liabilities£2.6M
Signed by 02308906 2024-07-01 2025-06-30 02308906 2025-06-30 02308906 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-06-30 0230Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.69+£0
20251.69+£448k
20241.59+£1.3M
20191.14+£180k
20171.19—

Derived from filed accounts. Not audited figures.