Formation Property Limited
13459764
Healthy
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 15/06/2025
Due 29/06/2026
Industry
Officers
director · Since 16/06/2021
DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 7 other boards
director · Since 16/06/2021
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 9 other boards
Persons with Significant Control
Mr Adam Coulson Jolliffe
British · England · Age 56
Unit 1, Evercreech Way, Highbridge, TA9 4AR
Notified 16/06/2021
Mr Andrew Charles Barber
British · England · Age 44
Westleigh, Toot Hill Road, Ongar, CM5 9LH
Notified 16/06/2021
Charges3 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
CompanyRankvs 78+ SIC 64305 peers54
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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 31/12/2024
Net Worth
£966k
Balance sheet strength
Cash
£91k
Cash in the bank
Net Current Assets
-£93k
Working capital
Current Assets
£94k
Current Liabilities
£187k
Fixed Assets
£2.5M
Debtors
£3k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.50 | +£46k |
| 2023 | 1.06 | +£101k |
| 2022 | — | +£154k |
Derived from filed accounts. Not audited figures.