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Formet Fabrications Limited

04758205

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

PERFECTA HOUSE, LITTLEHAMPTON, BN17 7BJ
Incorporated 09/05/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Gary Stephen Michael Moynihan

director · Since 09/05/2003

PROPOSED DIRECTOR

BRITISH · ENGLAND · Age 61

Kirsten Moynihan

secretary · Since 31/03/2006

BRITISH

Also on 1 other board

Kirsten Moynihan

director · Since 01/12/2012

NONE

BRITISH · BRITAIN · Age 58

Also on 1 other board

Persons with Significant Control

Mr Gary Stephen Michael Moynihan

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 61

Palm Cottage, Ash Lane,, Littlehampton, BN16 3BT

Notified 06/04/2016

Kirsten Moynihan

25–50% shares
25–50% votes

British · Britain · Age 58

Perfecta House, Linden Park, Littlehampton, BN17 7BJ

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 11/11/2003Registered 13/11/2003

CompanyRankvs 836+ SIC 25110 peers
63

Financial strength85th percentile among SIC peers · 21/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.87× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 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.

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 31/03/2025

Net Worth

£793k

Balance sheet strength

Cash

£716k

Cash in the bank

Net Current Assets

£585k

Working capital

Current Assets

£898k

Current Liabilities

£313k

Fixed Assets

£237k

Debtors

£168k

0avg. employees-11

Tax at Year End

Corp tax£64k

Balance Sheet

Intangible assets£0
Assets less current liabilities£823k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.87+£215k
20242.93-£108k
20232.89+£67k
20222.36+£61k
20212.19—

Derived from filed accounts. Not audited figures.