The Formula Lab Limited
11360281
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 13/05/2025
Due 27/05/2026
Industry
Officers
Former
director · Resigned 17/04/2019
Persons with Significant Control
Mr Peter Charles Rooke
British · United Kingdom · Age 67
Onega House, 112 Main Road, Sidcup, DA14 6NE
Notified 14/05/2018
Former PSCs
Mr Nigel Andrew Dye
Ceased 17/04/2019
Change History
Active
Private Limited Company
ONEGA HOUSE
SIDCUP
CompanyRankvs 131659+ SIC 82990 peers39
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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 31/05/2025
Net Worth
£8
Balance sheet strength
Cash
£2
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£13k
Current Liabilities
£15k
Fixed Assets
£0
Debtors
£13k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.83 | — |
| 2025 | 0.83 | — |
| 2024 | 0.96 | — |
| 2023 | 0.78 | +£2k |
| 2022 | 0.49 | +£5k |
| 2021 | 0.06 | -£4k |
| 2020 | 0.13 | -£4k |
| 2019 | 0.33 | — |
Derived from filed accounts. Not audited figures.
Filing History25 filings
change to a person with significant control
change person director company with change date
accounts with accounts type total exemption full
confirmation statement with updates
accounts with accounts type total exemption full
confirmation statement with updates
accounts with accounts type total exemption full
confirmation statement with updates
accounts with accounts type total exemption full
confirmation statement with updates
accounts with accounts type total exemption full
confirmation statement with updates
appoint person director company with name date
capital allotment shares
appoint person director company with name date
appoint person director company with name date
accounts with accounts type total exemption full
confirmation statement with no updates
change to a person with significant control
legacy
accounts with accounts type total exemption full
confirmation statement with updates
termination director company with name termination date
cessation of a person with significant control
incorporation company