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Formend Limited

03494450

active
Private Limited Company
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

UNIT ONE KELPATRICK CENTRE, SLOUGH, SL1 6BW
Incorporated 19/01/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Lakshitha Munasinghe Biraj Gawranath

secretary · Since 01/05/2012

BRITISH

Mr Lakhsitha Munasinghe Biraj Gawranath

director · Since 02/04/2019

ACCOUNTANT

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Charles Nathan Saatchi

Significant control

British · England · Age 83

Unit One Kelpatrick Centre, Kelpatrick Road, Slough, SL1 6BW

Notified 01/01/2017

CompanyRankvs 15470+ SIC 82990 peers
76

Financial strength97th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 18.29× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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15470Formend Limited
76
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.

Employees2/15 pts

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

Liquidity20/20 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 31/01/2025

Net Worth

£1.3M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.4M

Current Liabilities

£78k

0avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202518.29+£0
202418.29-£600
202318.08—

Derived from filed accounts. Not audited figures.