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Tbs Formulations Limited

12251949

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

3 CHAPEL HOUSE MEWS, SKIPTON, BD23 3EA
Incorporated 09/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20140
Manufacture of other organic basic chemicals

Officers

Mr Stephen John Richardson

director · Since 09/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 13 other boards

Mr David Bruce Alexander

director · Since 01/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 1 other board

Persons with Significant Control

Mr Stephen John Richardson

50–75% shares
50–75% votes
Appoint directors

British · England · Age 64

3 Chapel House Mews, Carleton, Skipton, BD23 3EA

Notified 09/10/2019

Mr David Bruce Alexander

25–50% shares
25–50% votes

British · England · Age 67

3 Chapel House Mews, Carleton, Skipton, BD23 3EA

Notified 01/11/2020

CompanyRankvs 700+ SIC 20140 peers
56

Financial strength68th percentile among SIC peers · 17/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.28× · 12/20
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 strength17/25 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.

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 31/10/2024

Net Worth

£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£20k

Current Liabilities

£16k

Fixed Assets

£18k

-1avg. employees

Balance Sheet

Assets less current liabilities£24k
Prepared with v2025.43.1 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20241.28-£2k
20231.19+£16k
20220.62+£4k
20210.67+£10k
20200.70

Derived from filed accounts. Not audited figures.