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Formula Films 2 Ltd

11707845

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

50-54 CLERKENWELL ROAD, LONDON, EC1M 5PS
Incorporated 03/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59111
Motion picture production activities

Officers

Mr James Scott Gay-Rees

director · Since 03/12/2018

FILM PRODUCER

BRITISH · UNITED KINGDOM · Age 59

Also on 14 other boards

Mr Paul John Martin

director · Since 03/12/2018

FILM PRODUCER

BRITISH · UNITED STATES · Age 50

Also on 42 other boards

Persons with Significant Control

Mr James Scott Gay-Rees

25–50% shares
25–50% votes

British · United Kingdom · Age 59

11, Melrose Terrace, London, W6 7RL

Notified 03/12/2018

Mr Paul John Martin

25–50% shares
25–50% votes

British · United States · Age 50

50-54, 1st Floor, 50-54 Clerkenwell Rd, London, EC1M 5PS

Notified 03/12/2018

CompanyRankvs 6745+ SIC 59111 peers
55

Financial strength63th percentile among SIC peers · 16/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.61× · 16/20
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 strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 30/04/2022

Net Worth

£2k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£5k

Current Liabilities

£3k

Balance Sheet

Assets less current liabilities£2k
Signed by Mr James Gay-Rees 06/12/2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.61-£1.8M
2021145.18

Derived from filed accounts. Not audited figures.