Formation Group Plc
04145632
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/08/2025
full
Next accounts due
28/02/2027
Confirmation statement
Last: 22/01/2026
Due 05/02/2027
Industry
Officers
director · Since 16/02/2010
DIRECTOR
BRITISH · JERSEY · Age 48
Also on 24 other boards
director · Since 31/12/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 7 other boards
Persons with Significant Control
Mr Patrick Thomas Kennedy
British · Jersey · Age 45
Lower Ground Office, Unit 1, 110 Curtain Road, London, EC2A 3AH
Notified 10/10/2018
Mr David Anthony Kennedy
British · Jersey · Age 48
Lower Ground Office, Unit 1, 110 Curtain Road, London, EC2A 3AH
Notified 10/10/2018
Charges1 outstanding
KENNEDY PRIVATE TRUST COMPANY LIMITED
BANK OF SCOTLAND (IRELAND) LIMITED
BANK OF SCOTLAND (IRELAND) LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
ANGLO IRISH BANK CORPORATION PLC
CompanyRankvs 12258+ SIC 41100 peers49
Show leaderboard
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
performed, 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 31/08/2025
Net Worth
£8.7M
Balance sheet strength
Cash
£656k
Cash in the bank
Profit Before Tax
-£569k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£994k
Fixed Assets
£15k
Debtors
£12.2M
Profit After Tax
£899k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | -£13.1M |
| 2023 | 8.99 | +£555k |
| 2022 | 8.58 | — |
Derived from filed accounts. Not audited figures.