Labformulations Ltd
11162703
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/01/2018
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 2 other boards
Persons with Significant Control
Mr Michael John Raybould
British · England · Age 66
23, Thorpe Place, Banbury, OX16 4XH
Notified 22/01/2018
Mr Jonathan Charles Andrew Graham
British · England · Age 54
23, Thorpe Place, Banbury, OX16 4XH
Notified 22/01/2018
CompanyRankvs 1229+ SIC 46750 peers37
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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 31/03/2025
Net Worth
-£33k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£19k
Working capital
Current Assets
£3k
Current Liabilities
£23k
Fixed Assets
£517
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.15 | -£385 |
| 2024 | 0.18 | -£654 |
| 2023 | 0.34 | -£6k |
| 2022 | 1.21 | -£8k |
| 2021 | 0.62 | -£14k |
| 2020 | 0.56 | -£8k |
| 2019 | 2.64 | — |
Derived from filed accounts. Not audited figures.