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Formrite Precision Limited

05803087

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

CASH'S BUSINESS CENTRE 1ST FLOOR, COVENTRY, CV1 4PB
Incorporated 03/05/2006

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/05/2026

Due 17/05/2027

On track

Industry

28490
28490

Officers

Mr Adam Amos Bartram

director · Since 30/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 6 other boards

Mrs Paula Frances Bartram

director · Since 30/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

G & M Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Westgate, Westgate, Walsall, WS9 8BS

Reg: 06640663 · Companies House In England And Wales · Private Limited Company

Notified 06/04/2016

Former PSCs

Mr Geoffrey John Neale

Ceased 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 28/09/2018Registered 09/10/2018
Charge
outstanding

LLOYDS BANK PLC

Created 03/12/2014Registered 05/12/2014
Charge
satisfied

LLOYDS BANK PLC

Created 27/11/2014Registered 04/12/2014Satisfied 13/10/2020
Charge
satisfied

HSBC BANK PLC

Created 26/09/2013Registered 27/09/2013Satisfied 16/10/2018
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 27/02/2009Registered 03/03/2009Satisfied 17/02/2020
charge
satisfied

HSBC BANK PLC

Created 03/07/2006Registered 04/07/2006Satisfied 16/10/2018
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 02/06/2006Registered 03/06/2006Satisfied 29/01/2013

CompanyRankvs 343+ SIC 28490 peers
40

Financial strength64th percentile among SIC peers · 16/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio -30.11× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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343Formrite Precision Limited
48
How is this score calculated?
Financial strength16/25 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.

Liquidity2/20 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 31/12/2024

Net Worth

£211k

Balance sheet strength

Cash

£265

Cash in the bank

Net Current Assets

£462k

Working capital

Current Assets

£447k

Current Liabilities

-£15k

Debtors

£447k

0avg. employees-20

Tax at Year End(2020)

Dividends paid£67k

Balance Sheet

Assets less current liabilities£462k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202430.11-£355k
20231.65-£124k
20221.47+£307k
20211.81-£120k
20202.28-£29k
20201.18+£72k
20191.14—

Derived from filed accounts. Not audited figures.