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Formwise Washrooms Ltd

06576673

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 3 WENDEL POINT, WELLINGBOROUGH, NN8 6BA
Incorporated 25/04/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Timothy Michael Jupp

director · Since 01/10/2009

NONE

BRITISH · UNITED KINGDOM · Age 55

Mr Stephen Michael Robinson

director · Since 01/10/2009

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Ms Joanna Lipfeld

director · Since 18/02/2025

ACCOUNTANT

CANADIAN · CANADA · Age 49

Mr Brad Nathan

director · Since 18/02/2025

PRESIDENT

CANADIAN · CANADA · Age 57

Persons with Significant Control

Mr Brad Nathan

25–50% shares
25–50% votes

Canadian · Canada · Age 57

205-692, Queen Street E, Toronto

Notified 18/02/2025

Former PSCs

Mr Michael David Morris

Ceased 30/06/2018

Mr Lee John Morgan

Ceased 12/04/2021

Mr Timothy Michael Jupp

Ceased 18/02/2025

Mr Stephen Michael Robinson

Ceased 18/02/2025

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/05/2019Registered 24/05/2019
Charge
satisfied

HSBC UK BANK PLC

Created 29/03/2019Registered 02/04/2019Satisfied 21/01/2025
charge
satisfied

PROTEGO UK PROPERTY FUND (JERSEY) LIMITED

Created 20/06/2008Registered 26/06/2008Satisfied 21/01/2025
charge
satisfied

LLOYDS TSB BANK PLC

Created 14/05/2008Registered 17/05/2008Satisfied 26/06/2019

CompanyRankvs 542+ SIC 31090 peers
67

Financial strength98th percentile among SIC peers · 25/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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542Formwise Washrooms Ltd
77
How is this score calculated?
Financial strength25/25 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.

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 31/07/2025

Net Worth

£1.9M

Balance sheet strength

Cash

£335k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.8M

Current Liabilities

£1.2M

Fixed Assets

£489k

Debtors

£2.0M

0avg. employees-43

Tax at Year End(2023)

Dividends paid£188k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.40-£599k
20242.60+£712k
20242.40+£546k
20231.87+£365k
20221.80—

Derived from filed accounts. Not audited figures.