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Formit Fabrications Limited

02395881

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 3, ARDMORE ROAD, SOUTH OCKENDON, RM15 5TH
Incorporated 16/06/1989

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/06/2026

Due 02/07/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Tracey Smith

secretary · Since 01/12/2004

BRITISH

Also on 2 other boards

Mr Daniel John Smith

director · Since 01/12/2004

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Daniel John Smith

75–100% shares
75–100% votes
Appoint directors

British · England · Age 58

Unit 3, Ardmore Road, South Ockendon, RM15 5TH

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 15/10/1992Registered 21/10/1992

CompanyRankvs 2224+ SIC 25990 peers
58

Financial strength61th percentile among SIC peers · 15/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.35× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees11/15 pts

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

Liquidity12/20 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 31/03/2025

Net Worth

£102k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

£88k

Working capital

Current Assets

£343k

Current Liabilities

£255k

Fixed Assets

£14k

Debtors

£289k

8avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.35-£32k
20241.39+£6k
20231.27

Derived from filed accounts. Not audited figures.