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Formula Land (Darlington) Limited

13951998

active
Private Limited Company
england wales
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)

Details

OFFICE 6, REIGATE, RH2 9AA
Incorporated 03/03/2022

Compliance

Last accounts

31/03/2025

dormant

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/03/2026

Due 16/03/2027

On track

Industry

41100
Development of building projects

Officers

Mr Robert Martin Leckie

director · Since 03/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 24 other boards

Persons with Significant Control

Montague Investments Limited

75–100% shares
75–100% votes

Office 6, 7 - 11 High Street, Reigate, RH2 9AA

Notified 08/09/2022

Former PSCs

Mr Robert Martin Leckie

Ceased 08/09/2022

CompanyRankvs 80585+ SIC 41100 peers
26

Financial strength21th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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80585Formula Land (Darlington) Limited
26
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.

Employees0/15 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.

Longevity4/15 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 31/03/2025

Net Worth

-£760

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£760

Working capital

Current Assets

£100

Current Liabilities

£860

Debtors

£100

Balance Sheet

Assets less current liabilities-£760
Signed by R Leckie 15 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.12
20240.16

Derived from filed accounts. Not audited figures.