Formtrac Limited
03695389
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/01/1999
DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 3 other boards
Persons with Significant Control
Mr Nigel Julian Smethurst
British · United Kingdom · Age 61
Olive Cottage 12 Hawthorn Grove, Bramhall, Stockport, SK7 1EF
Notified 06/04/2016
CompanyRankvs 54526+ SIC 82990 peers60
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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.
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
£100
Balance sheet strength
Cash
£31k
Cash in the bank
Net Current Assets
£31k
Working capital
Current Assets
£41k
Current Liabilities
£11k
Debtors
£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.90 | — |
| 2023 | 3.93 | — |
| 2022 | 10.75 | — |
| 2021 | 2.72 | — |
| 2020 | 5.91 | +£254 |
| 2019 | 9.10 | +£3k |
| 2018 | 4.70 | — |
Derived from filed accounts. Not audited figures.