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Formula Aluminium Systems Uk Ltd.

04730799

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

30-31 ST JAMES PLACE, BRISTOL, BS16 9JB
Incorporated 11/04/2003

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 10/04/2026

Due 24/04/2027

On track

Industry

43290
Other construction installation

Officers

Mr Stephen Roy Copson

secretary · Since 11/04/2003

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 61

Also on 6 other boards

Mr Nicholas Stephen Palmer

director · Since 17/11/2004

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mr Shaun Steven Palmer

director · Since 14/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 27

Persons with Significant Control

Mrs Karen Palmer

25–50% shares
25–50% votes

British · United Kingdom · Age 55

30-31, St James Place, Bristol, BS16 9JB

Notified 06/04/2016

Mr Nicholas Stephen Palmer

25–50% shares
25–50% votes

British · England · Age 54

8, Graphic Close, Dunstable, LU6 3EL

Notified 06/04/2016

Mr Shaun Steven Palmer

25–50% shares

British · United Kingdom · Age 27

8, Graphic Close, Dunstable, LU6 3EL

Notified 14/03/2023

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 26/06/2003Registered 03/07/2003

CompanyRankvs 4882+ SIC 43290 peers
58

Financial strength94th percentile among SIC peers · 24/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.37× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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4882Formula Aluminium Systems Uk Ltd.
68
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.

Liquidity12/20 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.

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 30/06/2025

Net Worth

£399k

Balance sheet strength

Cash

£560k

Cash in the bank

Net Current Assets

£352k

Working capital

Current Assets

£1.3M

Current Liabilities

£960k

Fixed Assets

£135k

Debtors

£558k

0avg. employees-3

Balance Sheet

Assets less current liabilities£486k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.37-£53k
20241.46-£190k
20231.69-£129k
20221.92-£145k
20212.42+£238k
20202.16+£165k
20192.75-£39k
20183.07—

Derived from filed accounts. Not audited figures.