Back to search

Formwork Software Limited

15640273

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 12/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62090
Other information technology service activities
63110
Data processing, hosting and related activities
82990
Other business support service activities

Officers

Mr Simon Cowling

director · Since 12/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 39

Mr Andrius Bartulis

director · Since 28/04/2026

LITHUANIAN · LITHUANIA · Age 33

Persons with Significant Control

Mr Simon Cowling

Significant control

British · England · Age 39

167-169, Great Portland Street, London, W1W 5PF

Notified 12/04/2024

Mr Andrius Bartulis

25–50% shares
25–50% votes
Appoint directors

Lithuanian · Lithuania · Age 33

167-169, Great Portland Street, London, W1W 5PF

Notified 28/04/2026

Former PSCs

Mr Andrius Bartulis

Ceased 27/04/2026

CompanyRankvs 42008+ SIC 62012 peers
35

Financial strength19th percentile among SIC peers · 5/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength5/25 pts

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

Employees11/15 pts

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

Liquidity2/20 pts

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

Longevity2/15 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 30/04/2025

Net Worth

-£213

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£213

Working capital

Current Assets

£0

Current Liabilities

£213

2avg. employees

Balance Sheet

Assets less current liabilities-£213
Signed by 4 FORMWORK SOFTWARE LIMITEDPrepared with TinyTax

EstimatesDerived

YearCurrent Ratio
20250.00

Derived from filed accounts. Not audited figures.