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Formula Escapes Ltd

12265816

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

7 BELL YARD, LONDON, WC2A 2JR
Incorporated 16/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

79110
Travel agency activities
79120
Tour operator activities

Officers

Mr Christopher Wootton

director · Since 16/10/2019

CEO

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Christopher Wootton

75–100% shares

British · England · Age 37

7, Bell Yard, London, WC2A 2JR

Notified 16/10/2019

CompanyRankvs 2602+ SIC 79110 peers
63

Financial strength54th percentile among SIC peers · 14/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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2602Formula Escapes Ltd
62
How is this score calculated?
Financial strength14/25 pts

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

Employees15/15 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 31/01/2025

Net Worth

£797

Balance sheet strength

Cash

£203k

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£1.0M

Current Liabilities

£1.0M

Fixed Assets

£12k

Debtors

£846k

10avg. employees+13

Balance Sheet

Intangible assets£5k
Prepared with v2025.78.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20251.02—
20240.97-£32k
20232.00+£372
20222.04-£18k
20205.60—

Derived from filed accounts. Not audited figures.