Back to search

Formcrest Associates Limited

02633787

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

C/OTAXASSIST ACCOUNTANTS, SCREENWORKS, OFFICE 218, LONDON, N5 2EF
Incorporated 31/07/1991

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/04/2025

Due 20/04/2026

Overdue

Industry

74990
Non-trading company

Officers

Dr Mark Spigelman

director · Since 03/09/1991

SURGEON

BRITISH · AUSTRALIA · Age 85

Mrs Sara Rachel Spigelman

secretary · Since 01/03/1992

BRITISH · Age 79

Also on 1 other board

Mrs Sara Rachel Spigelman

director · Since 02/07/2019

ARTIST

BRITISH · AUSTRALIA · Age 79

Also on 1 other board

Persons with Significant Control

Dr Mark Spigelman

25–50% shares
25–50% votes

British · Australia · Age 85

C/Otaxassist Accountants, Screenworks, Office 218, 22 Highbury Grove, London, N5 2EF

Notified 19/01/2017

Mrs Sara Rachel Spigelman

25–50% shares
25–50% votes

British · Australia · Age 79

C/Otaxassist Accountants, Screenworks, Office 218, 22 Highbury Grove, London, N5 2EF

Notified 19/01/2017

CompanyRankvs 1958+ SIC 74990 peers
70

Financial strength95th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1J J Prior Limited
90
2Llanfair Court Investments Limited
90
3Hortech Limited
90
4Stairways (Holdings) Limited
90
5Redlynn Limited
90
6Pantek Limited
90
7Spacecare Limited
90
8Sager Group Limited
90
9Stepney Shahjalal Mosque & Cultural Centre
90
10Dezac Group Holdings Limited
90
1958Formcrest Associates Limited
70
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.

Employees14/15 pts

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

Liquidity2/20 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.

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

£438k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£550k

Working capital

Current Assets

£13k

Current Liabilities

£563k

Fixed Assets

£989k

2avg. employees

Balance Sheet

Assets less current liabilities£439k
Signed by Dr Mark Spigelman 11 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02+£42k
20230.07—

Derived from filed accounts. Not audited figures.