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Formulate Kainos Limited

10172840

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

21 FARRINGDON ROAD, LONDON, EC1M 3HA
Incorporated 10/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mrs Grainne Burns

secretary · Since 08/11/2019

Mr Richard Henry Mccann

director · Since 08/11/2019

ACCOUNTANT

BRITISH · NORTHERN IRELAND · Age 61

Also on 2 other boards

Persons with Significant Control

Kainos Worksmart Limited

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

4-6, Upper Crescent, Belfast, BT7 1NT

Reg: Ni622516 · Northern Ireland · Limited Partnership

Notified 08/11/2019

Former PSCs

Mrs Charlotte Anne Taylor

Ceased 08/11/2019

Mr Stephen Hambling

Ceased 08/11/2019

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 23/08/2017Registered 24/08/2017

CompanyRankvs 37335+ SIC 62020 peers
51

Financial strength38th percentile among SIC peers · 10/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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37335Formulate Kainos Limited
61
How is this score calculated?
Financial strength10/25 pts

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

Employees14/15 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.

Longevity10/15 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 31/03/2019

Net Worth

£200

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£104k

Working capital

Current Assets

£633k

Current Liabilities

£530k

Fixed Assets

£23k

Debtors

£622k

5avg. employees

Balance Sheet

Assets less current liabilities£126k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20191.20

Derived from filed accounts. Not audited figures.