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Formington Ltd

12726772

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

6 ABBOTS QUAY, BIRKENHEAD, CH41 5LH
Incorporated 07/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Mark Hetherington

director · Since 07/07/2020

CONSULTANT

BRITISH · ENGLAND · Age 45

Mrs Suzann Hetherington

secretary · Since 06/04/2021

Persons with Significant Control

Mr Mark Hetherington

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

6, Abbots Quay, Birkenhead, CH41 5LH

Notified 07/07/2020

Mrs Suzann Hetherington

25–50% shares
25–50% votes

British · United Kingdom · Age 45

6, Abbots Quay, Birkenhead, CH41 5LH

Notified 06/04/2021

Charges1 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 08/02/2023Registered 09/02/2023

CompanyRankvs 145748+ SIC 68100 peers
21

Financial strength21th percentile among SIC peers · 5/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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145748Formington Ltd
30
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.

Employees3/15 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.

Longevity6/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£4k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£2k

Current Liabilities

£30k

Debtors

£969

0avg. employees-1

Balance Sheet

Intangible assets£0
Assets less current liabilities£67k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07-£3k
20240.06—

Derived from filed accounts. Not audited figures.