Formetal Ltd
06444997
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 04/12/2025
Due 18/12/2026
Industry
Officers
secretary · Since 20/08/2010
Persons with Significant Control
Mr Trevor Andrew Clarke
British · England · Age 59
132, Tennyson Road, Coventry, CV2 5JB
Notified 04/12/2016
CompanyRankvs 1498+ SIC 25990 peers75
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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 31/12/2024
Net Worth
£199k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£143k
Working capital
Current Assets
£155k
Current Liabilities
£12k
Fixed Assets
£56k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 12.94 | +£21k |
| 2023 | 1.75 | +£50k |
| 2022 | 1.68 | +£48k |
| 2021 | 3.34 | -£2k |
| 2020 | 4.46 | -£3k |
| 2019 | 4.11 | -£17k |
| 2018 | 4.80 | — |
Derived from filed accounts. Not audited figures.