The Firmwatch take
Formations No 102 Ltd (13271955) currently shows: Watch signal detected, based on accounts to 31 March 2025; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.
Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
16 March 2021
5 years on the register
Sector
Management consultancy activities (other than financial)
SIC 70229
Size
Not classified
Net assets
£2
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Address pattern · TN39 5ES
1,311 other UK companies are registered at this postcode — a high-volume registered-office service. Treat as a flag, not a verdict.
Active
1,247
Dissolved
14
Strike-off action
49
Money
What the balance sheet says
Net assets
£2
Bottom 30% in sector · sector median £3k · 131,050 filers in this sector
Cash
Not disclosed
Working cap.
−£289
Median £7k
Current ratio
1.0×
Median 1.7×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Management Consulting
How this company compares in 131,050 filers in this sector
Bottom 30% in sector — Formations No 102 Ltd shows £2 in net assets. Sector median is £3k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- RF
RAHMATALLAH, Faisal John
director · since 2021
Registered office
Address intelligence
1,311 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.