Formula Scaffolding Limited
03192549
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/03/2021
DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 5 other boards
Persons with Significant Control
Formula Scaffolding Holdings Limited
J Lee Management, 65 Regents Park Road, Southampton, SO15 8PF
Reg: 13166177 · Companies House · Company
Notified 02/03/2021
Former PSCs
Mr Wayne Geoffrey Lovelock
Ceased 02/03/2021
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 66+ SIC 43991 peers78
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
£650k
Balance sheet strength
Cash
£334k
Cash in the bank
Net Current Assets
£545k
Working capital
Current Assets
£947k
Current Liabilities
£402k
Fixed Assets
£163k
Debtors
£613k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.35 | +£105k |
| 2024 | 1.46 | -£61k |
| 2023 | 1.74 | — |
Derived from filed accounts. Not audited figures.