Back to search

Formus Developments Ltd

12286464

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

CHURCH COTTAGE YORK ROAD, YORK, YO19 6EX
Incorporated 29/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Andrew Malpas

director · Since 29/10/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Mr Christopher Malpas

director · Since 29/10/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Mr Robert Frederick Malpas

director · Since 19/11/2019

RESTAURANTEUR

BRITISH · ENGLAND · Age 75

Also on 3 other boards

Persons with Significant Control

Mr Andrew Malpas

25–50% shares
25–50% votes

British · United Kingdom · Age 41

Flat 7 Lancaster House, Horne Way, London, SW15 1JB

Notified 29/10/2019

Mr Christopher Malpas

25–50% shares
25–50% votes

British · United Kingdom · Age 45

31, Browning Close, Royston, SG8 7EY

Notified 29/10/2019

CompanyRankvs 163003+ SIC 68209 peers
43

Financial strength18th percentile among SIC peers · 5/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
163003Formus Developments Ltd
42
How is this score calculated?
Financial strength5/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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

-£4k

Balance sheet strength

Cash

-£3

Cash in the bank

Net Current Assets

-£127k

Working capital

Current Assets

£7k

Current Liabilities

£134k

Debtors

£7k

3avg. employees
Signed by 12286464 2023-11-01 2024-10-31 12286464 2024-10-31 12286464 bus: 1 1 2024-10-31 12286464 bus: 2 1 2024-10-31 12286464 buPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05-£2k
20230.03-£428
20220.03—

Derived from filed accounts. Not audited figures.