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Formby Law Limited

11814144

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

3RD FLOOR, EXCHANGE STATION, LIVERPOOL, L2 2QP
Incorporated 07/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Terry John Mcgraw

director · Since 07/02/2019

SOLICITOR

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Persons with Significant Control

Mr Brian Whitfield

50–75% shares

British · United Kingdom · Age 76

55, Hoghton Street, Southport, PR9 0PG

Notified 07/02/2019

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 26/02/2020Registered 03/03/2020Satisfied 10/02/2025

CompanyRankvs 15+ SIC 69102 peers
42

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 30/04/2023

Net Worth

£378k

Balance sheet strength

Cash

£190k

Cash in the bank

Net Current Assets

£458k

Working capital

Current Assets

£744k

Current Liabilities

£286k

Fixed Assets

£2k

Debtors

£322k

18avg. employees-1

Balance Sheet

Bank loans & overdrafts£82k
Assets less current liabilities£460k
Signed by 11814144 2022-05-01 2023-04-30 11814144 2023-04-30 11814144 bus:OrdinaryShareClass1 2023-04-30 11814144 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20232.60+£105k
20222.64+£128k
20212.46+£135k
20200.93

Derived from filed accounts. Not audited figures.