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Formara Consulting Limited

14713644

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1 MAIN STREET, NORTH FERRIBY, HU14 3QP
Incorporated 07/03/2023

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 06/03/2026

Due 20/03/2027

On track

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Reece James Knight

director · Since 07/03/2023

HUMAN FACTORS SPECIALIST

ENGLISH · ENGLAND · Age 35

Also on 2 other boards

Persons with Significant Control

Mr Reece James Knight

Significant control

English · England · Age 35

1 Main Street, Swanland, North Ferriby, HU14 3QP

Notified 07/03/2023

CompanyRankvs 2444+ SIC 72190 peers
64

Financial strength78th percentile among SIC peers · 20/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.93× · 16/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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

£56k

Balance sheet strength

Cash

£84k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£106k

Current Liabilities

£55k

Fixed Assets

£6k

Debtors

£22k

2avg. employees

Balance Sheet

Assets less current liabilities£57k

EstimatesDerived

YearCurrent RatioImplied Profit
20251.93+£19k
20241.66

Derived from filed accounts. Not audited figures.