Foration Ltd
06194720
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/04/2019
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 9 other boards
Persons with Significant Control
Fifosys Limited
6, Hampstead West, London, NW6 2HL
Reg: 04308503 · Companies House · Private Company Limited By Shares
Notified 08/04/2019
Former PSCs
Mr Paul Harold Weeden
Ceased 08/04/2019
Charges0 outstanding
HSBC UK BANK PLC
CompanyRankvs 39837+ SIC 62090 peers39
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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.
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
-£92k
Balance sheet strength
Cash
£999
Cash in the bank
Net Current Assets
-£92k
Working capital
Current Assets
£2k
Current Liabilities
£94k
Debtors
£678
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.02 | -£19k |
| 2024 | 0.10 | -£27k |
| 2023 | 1.35 | — |
| 2022 | 2.92 | — |
| 2021 | 1.92 | — |
| 2020 | 1.24 | — |
| 2019 | 1.62 | — |
Derived from filed accounts. Not audited figures.