Formby Developments Ltd
13229940
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Shaun Michael Maclean
British · England · Age 55
21, Beaconsfield Road, Liverpool, L25 6EE
Notified 16/01/2026
Former PSCs
Mr David William Sumner
Ceased 07/02/2023
Mr Samuel Leslie Berkovits
Ceased 14/09/2021
Mr Keith Phillip Gannon
Ceased 21/05/2024
Mr Mike Salt
Ceased 16/01/2026
Mrs Attiyah Zahrah Mirza
Ceased 16/01/2026
Charges2 outstanding
GFS 1 LTD
GFS 1 LTD
CASTLE TRUST CAPITAL PLC
CompanyRankvs 107452+ SIC 68100 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
-£31k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£2.4M
Working capital
Current Assets
£2
Current Liabilities
£2.4M
Fixed Assets
£2.4M
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | -£22k |
| 2024 | 0.00 | — |
Derived from filed accounts. Not audited figures.