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Formula Moore Ltd

13555491

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

2-6 SEDLESCOMBE ROAD NORTH, ST. LEONARDS-ON-SEA, TN37 7DG
Incorporated 09/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis
70229
Management consultancy activities
74909
Other professional, scientific and technical activities
82990
Other business support service activities

Officers

Ruth Louise Moore

director · Since 09/08/2021

DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Ruth Louise Moore

75–100% shares
75–100% votes
Appoint directors

British · England · Age 48

2-6, Sedlescombe Road North, St. Leonards-On-Sea, TN37 7DG

Notified 09/08/2021

CompanyRankvs 63689+ SIC 68320 peers
30

Financial strength20th percentile among SIC peers · 5/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees9/15 pts

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

Liquidity6/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 31/03/2026

Net Worth

-£853

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£853

Working capital

Current Assets

£6k

Current Liabilities

£7k

1avg. employees+1
Signed by ...............................,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.87
20250.11-£6k
20241.25+£3k
20231.46

Derived from filed accounts. Not audited figures.