Formation (M & E ) Limited
11521502
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/01/2023
COMPANY DIRECTOR
IRISH · JERSEY · Age 74
Also on 2 other boards
director · Since 19/12/2024
DIRECTOR
IRISH · ENGLAND · Age 47
Also on 3 other boards
director · Since 18/09/2025
DIRECTOR
BRITISH · JERSEY · Age 45
Also on 8 other boards
Persons with Significant Control
Formation D&B Holdings Limited
Oakwood House, 414 - 422 Hackney Road, London, E2 7SY
Reg: 13205243 · Companies House · Limited By Shares
Notified 22/07/2021
Former PSCs
Mr David Anthony Kennedy
Ceased 22/07/2021
Mr Patrick Thomas Kennedy
Ceased 22/07/2021
CompanyRankvs 1661+ SIC 43290 peers81
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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 31/08/2023
Net Worth
£2.9M
Balance sheet strength
Cash
£477k
Cash in the bank
Net Current Assets
£2.9M
Working capital
Current Assets
£4.8M
Current Liabilities
£1.9M
Debtors
£4.3M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 2.54 | +£177k |
| 2022 | 3.85 | +£554k |
| 2021 | 2.64 | — |
Derived from filed accounts. Not audited figures.