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Formula 1 (Chemicals) Limited

15019091

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

305 KINGFISHER BUSINESS CENTRE, RAWTENSTALL, BB4 8EQ
Incorporated 21/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46750
Wholesale of chemical products
46900
Non-specialised wholesale trade
47190
Other retail sale in non-specialised stores

Officers

Mr Damian Matthew Entwistle

director · Since 21/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Mr John Charles Entwistle

director · Since 21/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 23

Persons with Significant Control

Mr John Charles Entwistle

25–50% shares
25–50% votes

British · United Kingdom · Age 23

305 Kingfisher Business Centre, Burnley Road, Rawtenstall, BB4 8EQ

Notified 21/07/2023

Mr Damian Matthew Entwistle

25–50% shares
25–50% votes

British · United Kingdom · Age 59

305 Kingfisher Business Centre, Burnley Road, Rawtenstall, BB4 8EQ

Notified 21/07/2023

CompanyRankvs 1720+ SIC 46750 peers
29

Financial strength25th percentile among SIC peers · 6/25
Employees31th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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1720Formula 1 (Chemicals) Limited
28
How is this score calculated?
Financial strength6/25 pts

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

Employees5/15 pts

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

Liquidity0/20 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 31/07/2025

Net Worth

£100

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£100

Working capital

Current Assets

£100

Current Liabilities

—

0avg. employees
Prepared with CCH Software