Formworks (Uk) Limited
04031218
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr John Caradoc Sales Letton
British · United Kingdom · Age 79
7-9, The Avenue, Eastbourne, BN21 3YA
Notified 06/04/2016
CompanyRankvs 38861+ SIC 43999 peers33
Show leaderboard
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 30/12/2024
Net Worth
-£238k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£596k
Working capital
Current Assets
£294k
Current Liabilities
£890k
Fixed Assets
£358k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.33 | +£219k |
| 2023 | 0.06 | +£2k |
| 2021 | 0.48 | — |
Derived from filed accounts. Not audited figures.