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Formation Construction Ltd

14839628

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

14839628 - COMPANIES HOUSE DEFAULT ADDRESS, CARDIFF, CF14 8LH
Incorporated 02/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Andrew Paul Crees

director · Since 18/07/2023

CARPENTER

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

Mr Andrew Paul Crees

25–50% shares
25–50% votes

British · England · Age 46

14839628 - Companies House Default Address, Cardiff, CF14 8LH

Notified 02/05/2023

Former PSCs

Mr Joshua Nicholas Wright

Ceased 01/02/2024

CompanyRankvs 15+ SIC 41202 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1× · 12/20
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 strength0/25 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.

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.

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 31/05/2024

Net Worth

£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2

Working capital

Current Assets

£22k

Current Liabilities

£22k

Fixed Assets

£13k

2avg. employees

Balance Sheet

Assets less current liabilities£13k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20241.00

Derived from filed accounts. Not audited figures.