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Right Formula Group Limited

08767405

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

5 RIVERLIGHT QUAY, LONDON, SW11 8DX
Incorporated 08/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Robin Bramwell Fenwick

director · Since 08/11/2013

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 9 other boards

Mrs Samantha Jane Fenwick

secretary · Since 09/11/2019

Persons with Significant Control

Mr Robin Bramwell Fenwick

25–50% shares
25–50% votes

British · England · Age 45

19-20 Bourne Court, Southend Road, Woodford Green, IG8 8HD

Notified 06/04/2016

Mrs Samantha Jane Fenwick

25–50% shares
25–50% votes

British · England · Age 46

19-20 Bourne Court, Southend Road, Woodford Green, IG8 8HD

Notified 09/11/2019

CompanyRankvs 91573+ SIC 82990 peers
38

Financial strength19th percentile among SIC peers · 5/25
Employees99th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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91573Right Formula Group Limited
47
How is this score calculated?
Financial strength5/25 pts

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

Employees15/15 pts

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

Liquidity0/20 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

—

Current Liabilities

£850

Fixed Assets

£101

Debtors

£2k

Profit After Tax

£1.7M

73avg. employees+4

Tax at Year End

Dividends paid£188k

Balance Sheet

Assets less current liabilities£1k
Prepared with IRIS Accounts Production