Formosa London Limited
07255447
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/07/2015
WELDER
MALTESE · ENGLAND · Age 41
Also on 1 other board
Persons with Significant Control
Mr Gerome Paul Formosa
Australian · England · Age 42
5, Calico Row, London, SW11 3YH
Notified 06/04/2016
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 622+ SIC 25110 peers67
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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.
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 31/05/2025
Net Worth
£622k
Balance sheet strength
Cash
£311k
Cash in the bank
Net Current Assets
£258k
Working capital
Current Assets
£325k
Current Liabilities
£67k
Fixed Assets
£379k
Debtors
£14k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.87 | +£0 |
| 2025 | 4.87 | -£3k |
| 2024 | 6.09 | -£14k |
| 2023 | 6.57 | — |
Derived from filed accounts. Not audited figures.