Formation Archaeology Ltd
08252200
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Ms Katherine Susan Griffiths
British · England · Age 53
1-3, Manor Road, Chatham, ME4 6AE
Notified 06/04/2016
Mr Richard John Woolley
British · England · Age 60
1-3, Manor Road, Chatham, ME4 6AE
Notified 06/04/2016
CompanyRankvs 4702+ SIC 74909 peers79
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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
£63k
Cash in the bank
Net Current Assets
£64k
Working capital
Current Assets
£107k
Current Liabilities
£43k
Fixed Assets
£3k
Debtors
£44k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.49 | -£5k |
| 2024 | 1.89 | +£22k |
| 2023 | 3.90 | +£14k |
| 2022 | 2.82 | +£21k |
| 2021 | 2.11 | — |
Derived from filed accounts. Not audited figures.