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Formula Food Ltd

14000901

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

34 STIFFORD CLAYS ROAD, GRAYS, RM16 2DT
Incorporated 24/03/2022

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 23/03/2023

Due 06/04/2024

Overdue

Industry

56210
Event catering activities

Officers

Miss Amy Blundell

director · Since 25/05/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 2 other boards

Persons with Significant Control

Miss Amy Blundell

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 35

34, Stifford Clays Road, Grays, RM16 2DT

Notified 25/05/2023

Former PSCs

Carla Masters

Ceased 26/05/2023

CompanyRankvs 4961+ SIC 56210 peers
56

Financial strength59th percentile among SIC peers · 15/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.22× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees10/15 pts

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

Liquidity12/20 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 31/03/2024

Net Worth

£1k

Balance sheet strength

Cash

£615

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£7k

Current Liabilities

£6k

Debtors

£7k

2avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.22+£0
20241.22

Derived from filed accounts. Not audited figures.