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Formosa Ltd

09556150

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

8 AVRO PARK FIRST AVENUE, DONCASTER, DN9 3RJ
Incorporated 23/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mrs Andrea Michelle Adlam

director · Since 23/04/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 4 other boards

Mr Jason Paul Adlam

director · Since 23/04/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 13 other boards

Mr Samuel Thomas Adlam

director · Since 01/04/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 23

Mr Harry William Adlam

director · Since 11/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 20

Persons with Significant Control

Mr Jason Paul Adlam

25–50% shares

British · United Kingdom · Age 55

8 Avro Park, First Avenue, Doncaster, DN9 3RJ

Notified 06/04/2016

Mrs Andrea Michelle Adlam

25–50% shares

British · United Kingdom · Age 56

8 Avro Park, First Avenue, Doncaster, DN9 3RJ

Notified 06/04/2016

CompanyRankvs 171472+ SIC 70229 peers
23

Financial strength5th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 pts

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

Liquidity6/20 pts

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

Longevity11/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/04/2025

Net Worth

-£21k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£129k

Current Liabilities

£154k

Fixed Assets

£4k

Debtors

£127k

Tax at Year End

VAT£264

Director Loans

Company owes directors£136k

Balance Sheet

Assets less current liabilities-£21k
Signed by Mr Jason Adlam 21/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.84-£66k£5k
20241.56-£21k£5k
20231.47+£34k£1k
20221.37-£31k£17k
20211.73-£27k—
20202.74——

Derived from filed accounts. Not audited figures.