−£20k
vs Nov 202401
Summary
BETA FORMULA LTD is an active private limited company (company number 12324395) incorporated on 20 November 2019, registered in London. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest micro accounts cover the period ending 30 November 2025, showing net assets of −£20k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 11% on the prior period (−£18k). Across the last 3 periods on record the net-asset trend is falling.
Peer position · net assets
By net assets it sits in the lower half of 37,995 comparable companies in London (median −£1, upper quartile £9,940).
02
Key dates
- Incorporated
- 20 November 20196 yrs ago
- Next accounts due
- 30 August 2027in 312 days
- Confirmation statement due
- 4 December 2026in 43 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 68209
- Other letting and operating of own or leased real estate
- SIC 68310
- Real estate agencies
- SIC 68320
- Management of real estate on a fee or contract basis
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
0
−100%vs Nov 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 November 2025 | −£20k | — | — | — | — | — | 0 |
| 30 November 2024 | −£18k | — | — | — | — | — | 1 |
| 30 November 2023 | −£12k | — | — | — | — | — | 1 |
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
05
Firmoscan score
48 / 100 · grade D
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-20,334 at 2025-11-30 |
| +5 | Multi-year filing history3 periods on record |
| +8 | EstablishedIncorporated 2019-11-20 (7 years) |
| 48 | Score, grade D |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Steven Welch
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 312 days
- Confirmation statement duein 43 days
- Accounts period endNet liabilities £20k · micro accounts
- Accounts period endNet liabilities £18k · micro accounts
- Accounts period endNet liabilities £12k · micro accounts
- Incorporated
08
Similar companies in London
09
Reminders for BETA FORMULA LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.