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Formation Design & Build Limited

03536763

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1, WEMBLEY, HA9 8FJ
Incorporated 30/03/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Sean O'Brien

director · Since 24/04/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Mr David Anthony Kennedy (Snr)

director · Since 30/01/2023

COMPANY DIRECTOR

IRISH · JERSEY · Age 74

Also on 2 other boards

Mrs Cathriona O'Brien

director · Since 19/12/2024

DIRECTOR

IRISH · ENGLAND · Age 47

Also on 3 other boards

Mr Michael Joseph Gordon

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

75–100% shares
75–100% votes
Appoint directors

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

charge
satisfied

BANK OF SCOTLAND (IRELAND) LIMITED

Created 13/03/2008Registered 26/03/2008Satisfied 04/09/2010
charge
satisfied

DUNBAR BANK PLC

Created 19/11/2001Registered 22/11/2001Satisfied 18/05/2007
charge
satisfied

DUNBAR BANK PLC

Created 19/11/2001Registered 22/11/2001Satisfied 18/05/2007
charge
satisfied

DUNBAR BANK PLC

Created 05/05/1998Registered 09/05/1998Satisfied 18/05/2007
charge
satisfied

DUNBAR BANK PLC

Created 05/05/1998Registered 09/05/1998Satisfied 18/05/2007
charge
satisfied

DUNBAR BANK PLC

Created 05/05/1998Registered 09/05/1998Satisfied 18/05/2007

CompanyRankvs 2517+ SIC 41100 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

18avg. employees

Tax at Year End

Corp tax£1.9M

People Costs

Wages & salaries£2.2M
NI contributions£195k

Balance Sheet

Assets less current liabilities£8.9M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20231.39+£2.9M
20221.91+£4.4M
20211.09

Derived from filed accounts. Not audited figures.