Formel D (UK) Limited
Active02935536Information & communicationIncorporated 3 Jun 1994 · Birmingham
The principal activity of the company continued to be that of supply of technical expertise and documentation, retrofit and rework services to the motor industry.
Revenue
£15.3m
▲ +63.4% vs prior ~12m period
Profit after tax
£87k
Margin 0.7%
Employees
321
▼ -7.8% vs prior ~12m period
Net assets
£2.6m
Total assets £4.9m
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
Dec 2019Not available
Dec 2020
£8.8m
Dec 2021
£9.4m▲ +6.2%
Dec 2022
£15.3m▲ +63.4%
Dec 2023Not available
Dec 2024Not available
Dec 2025Not available
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2025 | — | — | £828k | 321 | £2.6m |
| 31 Dec 2024 | — | — | £1.5m | 348 | £1.9m |
| 31 Dec 2023 | — | — | £774k | 306 | £3.4m |
| 31 Dec 2022 | £15.3m | ▲ +63.4% | £102k | 289 | £4.1m |
| 31 Dec 2021 | £9.4m | ▲ +6.2% | -£436k | 287 | £4.0m |
| 31 Dec 2020 | £8.8m | — | -£178k | 242 | £4.4m |
| 31 Dec 2019 | — | — | — | — | £4.5m |
Latest available figures
Period ending 31 Dec 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £15.3m
- Gross profit
- £2.4m
- Operating profit
- £102k
- Profit before tax
- £102k
- Profit after tax
- £87k
Balance sheet
- Total assets
- £4.9m
- Cash
- £1.2m
- Total liabilities
- £2.4m
- Net assets
- £2.6m
- Revenue per employee
- Not available
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