99p Company Formations Ltd.
11160329
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/01/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 70
Also on 10 other boards
Persons with Significant Control
Mr David Walton
British · United Kingdom · Age 70
Unit 24 Highcroft Industrial Estate, Enterprise Road, Horndean, Waterlooville, PO8 0BT
Notified 19/01/2018
CompanyRankvs 22951+ SIC 69201 peers46
Show leaderboard
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 31/03/2025
Net Worth
£704
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£704
Working capital
Current Assets
£24k
Current Liabilities
£24k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.03 | — |
| 2024 | 1.74 | — |
| 2023 | 1.13 | — |
| 2022 | 1.26 | — |
| 2020 | — | +£14k |
Derived from filed accounts. Not audited figures.