Formwood Limited
04950704
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/04/2016
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 2 other boards
director · Since 01/04/2021
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 7 other boards
Persons with Significant Control
Mr Tanveer Ahmed Karim
British · England · Age 53
C/O Ashfield Accountancy, First Floor 33 Chertsey Rd, Woking, GU21 5AJ
Notified 06/04/2016
Ita Properties Ltd
C/O Ashfield Accountancy, First Floor 33 Chertsey Rd, Woking, GU21 5AJ
Reg: 05019927 · England & Wales · Private Limited Company
Notified 06/04/2016
Charges1 outstanding
IMRAN REHMAN, FARHAN REHMAN, SHAMRAN REHMAN AND RIZWANA REHMAN
CompanyRankvs 10881+ SIC 68320 peers63
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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.
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 29/04/2025
Net Worth
£69k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£30k
Working capital
Current Assets
£236k
Current Liabilities
£269k
Fixed Assets
£107k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.88 | +£71k |
| 2024 | 0.68 | -£60k |
| 2023 | 0.77 | — |
Derived from filed accounts. Not audited figures.