Formation Design & Build Limited
03536763
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/04/2015
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 2 other boards
director · Since 30/01/2023
COMPANY DIRECTOR
IRISH · JERSEY · Age 74
Also on 2 other boards
director · Since 19/12/2024
DIRECTOR
IRISH · ENGLAND · Age 47
Also on 3 other boards
director · Since 18/09/2025
CHIEF OPERATING OFFICER
IRISH · ENGLAND · Age 47
Also on 1 other board
Persons with Significant Control
Formation D&B Holdings Limited
Oakwood House, 414 - 422 Hackney Road, London, E2 7SY
Reg: 13205243 · Companies House · Limited By Shares
Notified 22/07/2021
Former PSCs
Mr David Anthony Kennedy
Ceased 27/06/2018
Mr David Anthony Kennedy
Ceased 22/07/2021
Mr Patrick Thomas Kennedy
Ceased 22/07/2021
Charges0 outstanding
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CompanyRankvs 2517+ SIC 41100 peers72
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/08/2023
Turnover
£66.3M
Annual revenue
Net Worth
£8.9M
Balance sheet strength
Cash
£11.3M
Cash in the bank
Profit Before Tax
£3.8M
Bottom line earnings
Net Current Assets
£7.8M
Working capital
Current Assets
£27.7M
Current Liabilities
£19.9M
Fixed Assets
£1.1M
Debtors
£16.4M
Cost of Sales
£60.1M
Gross Profit
£6.2M
Admin Expenses
£2.5M
Operating Profit
£3.8M
Profit After Tax
£2.9M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.39 | +£2.9M |
| 2022 | 1.91 | +£4.4M |
| 2021 | 1.09 | — |
Derived from filed accounts. Not audited figures.