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Formation Lighting Ltd

09361288

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

UNIT 1, HIGHBRIDGE, TA9 4AR
Incorporated 18/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46470
Wholesale of furniture, carpets and lighting equipment

Officers

Mr Andrew Charles Barber

director · Since 17/08/2015

SALES DIRECTOR

BRITISH · ENGLAND · Age 44

Mr Adam Coulson Jolliffe

director · Since 17/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 9 other boards

Mr Joseph James Koch

director · Since 18/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 5 other boards

Mrs Julie Doyle

director · Since 11/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 4 other boards

Persons with Significant Control

Formation Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Unit 1, Evercreech Way, Highbridge, TA9 4AR

Reg: 15976211 · Registrar Of Companies (Companies House) · Private Company Limited By Shares

Notified 26/01/2025

Former PSCs

Mr Adam Coulson Jolliffe

Ceased 26/01/2025

Mr Andrew Charles Barber

Ceased 26/01/2025

Charges4 outstanding

Charge
outstanding

JULIAN GUY BIRCH · RACHEL ANNE BIRCH · REBECCA EMILY HUNT

Created 03/12/2021Registered 20/12/2021
Charge
outstanding

HSBC UK BANK PLC

Created 30/09/2021Registered 06/10/2021
Charge
outstanding

HSBC UK BANK PLC

Created 16/09/2021Registered 17/09/2021
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 11/06/2021Registered 21/06/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 30/03/2015Registered 01/04/2015Satisfied 06/04/2017

CompanyRankvs 223+ SIC 46470 peers
68

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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90
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223Formation Lighting Ltd
77
How is this score calculated?
Financial strength24/25 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.

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.

Longevity12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£485k

Cash in the bank

Net Current Assets

£235k

Working capital

Current Assets

£2.7M

Current Liabilities

£2.4M

Fixed Assets

£2.3M

Debtors

£1.8M

42avg. employees+6

Tax at Year End

Corp tax£227k

Balance Sheet

Intangible assets£1.8M
Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.10-£607k
20231.15+£468k
20221.07+£660k
20210.87-£245k
20201.65-£60k
20192.58+£444k
20181.44—

Derived from filed accounts. Not audited figures.