Formation 166 Developments Ltd
10460826
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
30/11/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 24/10/2025
Due 07/11/2026
Industry
Officers
director · Since 03/11/2016
DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 1 other board
director · Since 03/11/2016
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 7 other boards
Persons with Significant Control
Mr Michael Richard Day
British · England · Age 66
82, Grantham Road, Nottingham, NG12 2HY
Notified 03/11/2016
Mr Stephen Thomas Day
British · England · Age 60
82, Grantham Road, Nottingham, NG12 2HY
Notified 03/11/2016
CompanyRankvs 42403+ SIC 41100 peers48
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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 30/11/2024
Net Worth
-£189k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£710
Working capital
Current Assets
£760
Current Liabilities
£50
Fixed Assets
£50
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 15.20 | -£640 |
| 2023 | 28.00 | -£1k |
| 2022 | 2.00 | -£75k |
| 2021 | 0.00 | -£59k |
| 2020 | 0.00 | — |
Derived from filed accounts. Not audited figures.