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Form It Shops & Showrooms Ltd.

10066623

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ROYAL WORKS WAGGON ROAD, ASHTON-UNDER-LYNE, OL5 9HL
Incorporated 16/03/2016

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 15/03/2026

Due 29/03/2027

On track

Industry

16230
Manufacture of other builders' carpentry and joinery
31010
Manufacture of office and shop furniture

Officers

Mr Bryan Millard

director · Since 30/09/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mrs Deborah Furber

secretary · Since 01/05/2017

Mr Darren William Nabb

director · Since 01/02/2026

BRITISH · UNITED KINGDOM · Age 55

Mr Stephen James Redman

director · Since 01/02/2026

BRITISH · UNITED KINGDOM · Age 55

Mr Philip Thompson

director · Since 01/02/2026

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Former PSCs

Mr Bryan Millard

Ceased 20/03/2026

Charges1 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/10/2017Registered 10/11/2017Satisfied 01/05/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/09/2017Registered 26/09/2017

CompanyRankvs 2342+ SIC 16230 peers
47

Financial strength96th percentile among SIC peers · 24/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees1/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£421k

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£187k

Current Liabilities

£235k

Fixed Assets

£591k

Debtors

£102k

-1avg. employees
Prepared with v2025.17.1 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20250.80+£284k
20240.92+£56k
20230.74—

Derived from filed accounts. Not audited figures.