Formtech Machining UK Limited
Active12240975ManufacturingIncorporated 3 Oct 2019 · Silverstone
the manufacture of specialist parts for Formula One motor racing.
Revenue
£4.9m
▲ +108.7% vs prior ~12m period
Profit after tax
£467k
Margin 12.7%
Employees
7
▼ -91.0% vs prior ~12m period
Net assets
£1.3m
Total assets £10.8m
Financial history
Revenue by accounting period
5 periods available · ▲ growth ▼ decline
Dec 2020Not available
Dec 2021Not available
Dec 2022
£491k
Dec 2023
£2.3m▲ +376.2%
Dec 2024
£4.9m▲ +108.7%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £4.9m | ▲ +108.7% | £619k | 7 | £1.3m |
| 31 Dec 2023 | £2.3m | ▲ +376.2% | £348k | 78 | £848k |
| 31 Dec 2022 | £491k | — | £460k | 155 | £717k |
| 31 Dec 2021 | — | — | — | 36 | £319k |
| 31 Dec 2020 | — | — | — | — | £68k |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £4.9m
- Gross profit
- £4.4m
- Operating profit
- Not available
- Profit before tax
- £619k
- Profit after tax
- £467k
Balance sheet
- Total assets
- £10.8m
- Cash
- £701k
- Total liabilities
- £9.5m
- Net assets
- £1.3m
- Revenue per employee
- £697k
Similar companies
| Company | Industry | Location | Revenue | Growth | Employees |
|---|---|---|---|---|---|
| St Eval Candle Co Ltd 04540135 | Manufacturing | Wadebridge | £10.0m | ▲ +31.7% | 71 |
| Lattice Labels Limited 02589295 | Manufacturing | St Neots | £10.0m | ▲ +4.3% | 44 |
| Marren Microwave Limited 01940659 | Manufacturing | Northampton | £10.0m | ▼ -3.1% | 71 |
| Crockard Asc Limited NI633870 | Manufacturing | Lisburn | £10.0m | ▲ +40.9% | 58 |
| R.B. Radley & Company Limited 00889911 | Manufacturing | Essex | £10.0m | ▼ -19.8% | 59 |
Other manufacturing companies in East Midlands
| Company | Industry | Location | Revenue | Growth | Employees |
|---|---|---|---|---|---|
| Ibstock PLC 09760850 | Manufacturing | Ibstock | £372.1m | ▲ +1.6% | 2,006 |
| Heygates Limited 00603238 | Manufacturing | Northampton | £250.4m | ▼ -7.9% | 268 |
| Opmobility Exterior UK Limited 03275572 | Manufacturing | Swadlincote | £227.7m | ▼ -4.5% | 944 |
| Staples (Vegetables) Limited 00504587 | Manufacturing | Sibsey Boston | £169.6m | ▲ +12.1% | 1,277 |
| Hankook Tyre U.K. Limited 02813126 | Manufacturing | Daventry | £164.3m | ▲ +4.1% | 45 |