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Formula Zero Ltd

04968170

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

GOULD'S HOUSE, HORSINGTON, SOMERSET, BA8 0EW
Incorporated 18/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr James Lee

secretary · Since 18/11/2003

BRITISH · ENGLAND · Age 83

Also on 30 other boards

Mr Christopher Michael Aston Maltin

director · Since 20/01/2014

ENGINEER

BRITISH · ENGLAND · Age 81

Also on 19 other boards

Persons with Significant Control

Mr Christopher Michael Aston Maltin

Significant control

British · England · Age 81

Gould's House, Horsington, Somerset, BA8 0EW

Notified 01/11/2016

CompanyRankvs 5524+ SIC 72190 peers
36

Financial strength23th percentile among SIC peers · 6/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
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 strength6/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/03/2025

Net Worth

£1

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

Prepared with Companies House