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Formulator Hub Ltd

13121553

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2 FREDERICK STREET, LONDON, WC1X 0ND
Incorporated 08/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Ms Timea Racz

director · Since 08/01/2021

TEACHER

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Ms Timea Racz

75–100% shares
75–100% votes

British · United Kingdom · Age 47

2, Frederick Street, London, WC1X 0ND

Notified 28/01/2021

Former PSCs

Mrs Stephanie Jane Kelby

Ceased 18/11/2021

CompanyRankvs 27476+ SIC 85590 peers
35

Financial strength18th percentile among SIC peers · 5/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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27476Formulator Hub Ltd
34
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.

Employees7/15 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.

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

-£701

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£703

Working capital

Current Assets

£276

Current Liabilities

£979

1avg. employees

Balance Sheet

Assets less current liabilities-£701
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent Ratio
20250.28
20240.60
20230.31

Derived from filed accounts. Not audited figures.