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Formula Elite Travel Limited

13271843

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

39 LLYS ALUN, MOLD, CH7 5HW
Incorporated 16/03/2021

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/01/2026

Due 01/02/2027

On track

Industry

49390
Other passenger land transport

Officers

Mr Philip Vincent Parry

director · Since 16/03/2021

COMPANY DIRECTOR

WELSH · UNITED KINGDOM · Age 35

Also on 1 other board

Mr Steven Paul Edwards

director · Since 12/01/2022

TAXI DRIVER

BRITISH · WALES · Age 69

Also on 1 other board

Persons with Significant Control

Mr Philip Vincent Parry

75–100% shares

British · Wales · Age 35

39, Llys Alun, Mold, CH7 5HW

Notified 30/12/2021

Former PSCs

Mr Stephen Paul James

Ceased 01/12/2021

Charges1 outstanding

Charge
outstanding

DBW INVESTMENTS (10) LIMITED

Created 02/02/2022Registered 04/02/2022

CompanyRankvs 6459+ SIC 49390 peers
12

Financial strength0th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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6459Formula Elite Travel Limited
22
How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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

—

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

0avg. employees-2
Prepared with Companies House