Formalnew Property Management Limited
03464727
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/10/2024
unaudited abridged
Next accounts due
31/07/2026
Confirmation statement
Last: 01/09/2025
Due 15/09/2026
Industry
Officers
director · Since 27/11/1997
MANAGING DIRECTOR
ENGLISH · ENGLAND · Age 58
Also on 4 other boards
director · Since 27/11/1997
ELECTRONICS ENGINEER
BRITISH · ENGLAND · Age 60
Also on 4 other boards
director · Since 09/05/2007
INTERNAL SALES
BRITISH · ENGLAND · Age 55
Also on 2 other boards
Persons with Significant Control
Mr Mark Edwin O'Connor
English · England · Age 58
Edward House, Grange Business Park, Leicester, LE8 6EP
Notified 06/04/2016
Miss Sharon Jane O'Connor
British · England · Age 55
Edward House, Grange Business Park, Leicester, LE8 6EP
Notified 06/04/2016
Mr Allan John O'Connor
British · United Kingdom · Age 51
Edward House, Grange Business Park, Leicester, LE8 6EP
Notified 06/04/2016
Mr Paul William O'Connor
British · England · Age 60
Edward House, Grange Business Park, Leicester, LE8 6EP
Notified 06/04/2016
Charges2 outstanding
ALDERMORE BANK PLC
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 6165+ SIC 82990 peers72
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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 31/10/2024
Net Worth
£234k
Balance sheet strength
Cash
£90k
Cash in the bank
Net Current Assets
£71k
Working capital
Current Assets
£127k
Current Liabilities
£55k
Fixed Assets
£531k
Debtors
£37k
Tax at Year End(2019)
Director Loans(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.28 | +£30k |
| 2023 | 7.72 | -£18k |
| 2022 | 12.83 | -£29k |
| 2021 | 0.77 | -£44k |
| 2020 | 0.97 | +£57k |
| 2019 | 0.12 | -£8k |
| 2018 | 0.31 | — |
Derived from filed accounts. Not audited figures.