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1 Formula Ltd

08476375

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

AVONDALE HOUSE 262, PINNER, HA5 4HS
Incorporated 05/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Katharine Anne Lewis

secretary · Since 05/04/2013

Mr Neil Jason Lewis

director · Since 05/04/2013

IT CONSULTANT

BRITISH · WALES · Age 60

Mrs Katherine Anne Lewis

director · Since 31/03/2019

DIRECTOR

BRITISH · WALES · Age 60

Also on 2 other boards

Persons with Significant Control

Mrs Katharine Anne Lewis

25–50% shares
25–50% votes

British · Wales · Age 60

Avondale House, 262, Pinner, HA5 4HS

Notified 06/04/2016

Mr Neil Jason Lewis

25–50% shares
25–50% votes

British · Wales · Age 60

Avondale House, 262, Pinner, HA5 4HS

Notified 06/04/2016

CompanyRankvs 69275+ SIC 70229 peers
58

Financial strength15th percentile among SIC peers · 4/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

-£299

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£164k

Current Liabilities

£149k

Fixed Assets

£41k

Debtors

£157k

3avg. employees

Tax at Year End

Corp tax£119k
VAT£21k

Director Loans

Directors owe company£30k

Balance Sheet

Assets less current liabilities£57k
Signed by Mrs Katherine Lewis Mr Neil Lewis 29/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.10—£427k
20240.95—£949k
20231.73-£73k£763k
20222.63+£127k£700k
20211.45——

Derived from filed accounts. Not audited figures.