Formist Ltd
09408272
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/01/2015
DESIGNER
BRITISH · ENGLAND · Age 51
Also on 7 other boards
Persons with Significant Control
Mr Nicholas Saul
British · England · Age 51
The Matrix, Nobel Way, Dinnington, Rotherham, S25 3QB
Notified 01/01/2017
CompanyRankvs 23153+ SIC 62012 peers53
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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 31/01/2025
Net Worth
£34k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£34k
Working capital
Current Assets
£29k
Current Liabilities
£63k
Fixed Assets
£212
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.46 | +£0 |
| 2025 | 0.46 | -£1k |
| 2024 | 0.54 | -£6k |
| 2023 | 0.44 | +£33k |
| 2022 | 2.00 | -£91 |
| 2021 | 2.44 | +£1k |
| 2020 | 3.07 | -£4k |
| 2019 | Infinity | — |
Derived from filed accounts. Not audited figures.