Formagrid UK Limited

Active13587567Admin & support servicesIncorporated 26 Aug 2021 · London

The principal activity of the company in the year under review was that of providing research, marketing and support services to its parent entity, Formagrid Inc, a company specialised in cloud based software.

Revenue

£14.0m

▲ +31.0% vs prior ~12m period

Profit after tax

-£30k

Margin -5.8%

Employees

58

▲ +1.8% vs prior ~12m period

Net assets

-£2.4m

Total assets £2.7m

Financial history

Revenue by accounting period

3 periods available · ▲ growth ▼ decline

Jan 2023
Not available
Jan 2024
£10.7m
Jan 2025
£14.0m▲ +31.0%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Jan 2025£14.0m▲ +31.0%-£802k58-£2.4m
31 Jan 2024£10.7m—-£3.7m57-£3.2m
31 Jan 2023———33-£1.9m

Latest available figures

Period ending 31 Jan 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£14.0m
Gross profit
Not available
Operating profit
-£809k
Profit before tax
-£802k
Profit after tax
-£30k

Balance sheet

Total assets
£2.7m
Cash
£1.3m
Total liabilities
£5.1m
Net assets
-£2.4m
Revenue per employee
£241k

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