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Format Designs Ltd

11202078

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

STUDIO 2 WATERMILL INDUSTRIAL ESTATE, BUNTINGFORD, SG9 9JS
Incorporated 13/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Miss Sara Christine Willcox

director · Since 13/02/2018

INTERIOR DESIGN

BRITISH · ENGLAND · Age 35

Also on 3 other boards

Mr Matthew Mcculloch

director · Since 30/03/2021

BUILDER

BRITISH · ENGLAND · Age 32

Also on 3 other boards

Persons with Significant Control

Miss Sara Christine Willcox

25–50% shares
25–50% votes

British · England · Age 35

Studio 2, Watermill Industrial Estate, Buntingford, SG9 9JS

Notified 13/02/2018

Mr Matthew Mcculloch

25–50% shares
25–50% votes

British · England · Age 32

Studio 2, Watermill Industrial Estate, Buntingford, SG9 9JS

Notified 01/03/2023

CompanyRankvs 17040+ SIC 74100 peers
50

Financial strength41th percentile among SIC peers · 10/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees5/15 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.

Longevity8/15 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.

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

Key FinancialsYear ending 28/02/2025

Net Worth

£168

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£30k

Current Liabilities

£26k

Fixed Assets

£680

1avg. employees

Balance Sheet

Assets less current liabilities£6k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20251.16
20241.17
20230.89-£5k
20220.72-£14k
20211.49

Derived from filed accounts. Not audited figures.