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Right Formula Productions Limited

04857959

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

THE BARN, HENFIELD, BN5 9DP
Incorporated 06/08/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Scott Wright

director · Since 06/08/2003

WEB DESIGN

BRITISH · UNITED KINGDOM · Age 47

Mr Matthew Guy Bonnington

director · Since 01/07/2013

GRAPHIC DESIGNER

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Mr Robin Bramwell Fenwick

director · Since 01/01/2019

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 9 other boards

Persons with Significant Control

Mr Scott Wright

25–50% shares
25–50% votes
Appoint directors
Significant control

British · England · Age 47

The Barn, Golden Square, Henfield, BN5 9DP

Notified 06/04/2016

Mr Matthew Bonnington

25–50% shares
25–50% votes
Appoint directors
Significant control

British · England · Age 48

The Barn, Golden Square, Henfield, BN5 9DP

Notified 06/04/2016

Right Formula Ltd

25–50% shares

5, Riverlight Quay, London, SW11 8DX

Notified 19/02/2019

Former PSCs

Samantha Goddard

Ceased 01/01/2019

Mrs Helen Wright

Ceased 01/01/2019

CompanyRankvs 15920+ SIC 62090 peers
87

Financial strength90th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.47× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 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.

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

£187k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£189k

Working capital

Current Assets

£315k

Current Liabilities

£128k

Fixed Assets

£6k

9avg. employees

Balance Sheet

Assets less current liabilities£196k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.47+£93k
20231.39-£146k
20222.00-£78
20212.81+£86k
20202.80

Derived from filed accounts. Not audited figures.