Formtexx Limited
06787643
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/07/2009
NONE
BRITISH · ENGLAND · Age 56
Also on 2 other boards
CompanyRankvs 1434+ SIC 25110 peers64
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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 31/05/2025
Net Worth
£23k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£23k
Working capital
Current Assets
£29k
Current Liabilities
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.40 | +£0 |
| 2025 | 5.40 | -£240 |
| 2024 | 5.45 | +£23k |
| 2023 | 2.00 | +£0 |
| 2022 | 3.37 | +£0 |
| 2021 | 6.61 | +£0 |
| 2020 | 7.35 | -£94k |
| 2019 | 5.66 | — |
Derived from filed accounts. Not audited figures.