Phormular Limited
07402866
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 11/10/2025
Due 25/10/2026
Industry
Officers
director · Since 11/10/2010
DESIGNER
BRITISH · ENGLAND · Age 46
Also on 1 other board
Persons with Significant Control
Philip Julian Lurcock
British · England · Age 46
Unit 1, Rectory Place, Loughborough, LE12 5SG
Notified 06/04/2016
Mrs Philippa Lurcock
British · England · Age 47
Unit 1, Rectory Place, Loughborough, LE12 5SG
Notified 06/04/2016
Change History
Active
Private Limited Company
UNIT 1 RECTORY PLACE
LOUGHBOROUGH
CompanyRankvs 13362+ SIC 74100 peers56
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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
-£66k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£71k
Working capital
Current Assets
£211k
Current Liabilities
£150k
Fixed Assets
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.41 | -£34k |
| 2024 | 1.12 | -£18k |
| 2023 | 1.02 | — |
Derived from filed accounts. Not audited figures.