Back to search

Faultformat Limited

03574559

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

17 DRAKE ROAD, WESTCLIFF-ON-SEA, SS0 8LP
Incorporated 03/06/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr David John Colman

secretary · Since 08/06/1998

ENGINEER

BRITISH · Age 60

Also on 3 other boards

Mrs Wendy Susan Colman

director · Since 08/06/1998

SALES

BRITISH · ENGLAND · Age 63

Mr David John Colman

director · Since 01/06/2014

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Persons with Significant Control

Mr David John Colman

25–50% shares
25–50% votes

British · England · Age 60

40, Imperial Avenue, Westcliff-On-Sea, SS0 8NQ

Notified 01/06/2016

Mrs Wendy Susan Colman

25–50% shares
25–50% votes

British · England · Age 63

40, Imperial Avenue, Westcliff-On-Sea, SS0 8NQ

Notified 01/06/2016

CompanyRankvs 26532+ SIC 62020 peers
70

Financial strength88th percentile among SIC peers · 22/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.69× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength22/25 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.

Liquidity16/20 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 30/06/2025

Net Worth

£103k

Balance sheet strength

Cash

£147k

Cash in the bank

Net Current Assets

£101k

Working capital

Current Assets

£247k

Current Liabilities

£147k

Fixed Assets

£2k

Debtors

£100k

0avg. employees

Tax at Year End(2021)

Corp tax£4k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.69+£38k
20241.44+£61k
20231.02-£49k
20221.58+£16k
20217.65

Derived from filed accounts. Not audited figures.