Formuone Limited
14423674
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Mr Mohammed Ali
director · Since 15/07/2026
BRITISH · SCOTLAND · Age 36
Former
director · Resigned 15/07/2026
Persons with Significant Control
Mr Eric Chiong
British · Scotland · Age 63
G/ F, 8 Coronation Walk, Southport, PR8 1RE
Notified 16/10/2023
Licholding Limited
48, Bridge Street, Aberdeen, AB11 6JN
Reg: Sc501523 · Scotland · Limited Company
Notified 15/07/2026
Former PSCs
Mr Kwok Hung Liu
Ceased 01/02/2024
CompanyRankvs 16576+ SIC 56101 peers45
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
£100
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
£2k
Working capital
Current Assets
£30k
Current Liabilities
£28k
Debtors
£22k
Profit After Tax
-£3k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.07 |
| 2024 | 0.86 |
Derived from filed accounts. Not audited figures.