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Formation Media Ltd

05951858

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 2, ST GEORGE'S HOUSE, WARWICK, CV34 5DJ
Incorporated 02/10/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

18130
Pre-press and pre-media services
73110
Advertising agencies

Officers

Martin Gordon

secretary · Since 02/10/2006

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Martin Gordon

director · Since 02/10/2006

PRINT MANAGER

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Persons with Significant Control

Mr Martin James Gordon

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors
significant-influence-or-control-as-firm

British · England · Age 59

Unit 2, St George's House, Cape Road, Warwick, CV34 5DJ

Notified 02/10/2016

Former PSCs

David Dunlop

Ceased 28/02/2026

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/06/2017Registered 06/06/2017

CompanyRankvs 37+ SIC 18130 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.24× · 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 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.

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 31/10/2024

Net Worth

£161k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£118k

Working capital

Current Assets

£214k

Current Liabilities

£96k

Fixed Assets

£59k

12avg. employees-14

Balance Sheet

Assets less current liabilities£177k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.24+£79k
20232.77-£50k
20221.60-£10k
20211.63

Derived from filed accounts. Not audited figures.