FORMTECH MACHINING UK LIMITED

Active
Company number 12240975Private limited companyIncorporated 2019

Key figures

£1,315,426+55.1%
Net assets 2024
+109.8%
Average annual growth 2020–2024
0500 k1 m1.5 m20202021202220232024

Ratios

2024

Sector comparison

SIC 25620

Where the company stands among the 2,649 active companies whose first SIC code is 25620 (Machining).

Turnover£4,881,507
Lower than 78% · median £10,157,468 among 111 that publish turnover
Net assets£1,315,426
Higher than 82% · median £140,295
Total assets£2,306,017
Higher than 82% · median £324,090
Cash£700,744
Higher than 84% · median £106,498
Employees7
Higher than 65% · median 2
Company age7.1 years
Younger than 75% · median 19.0 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 2,649. The line on each bar marks the median.

Summary: FORMTECH MACHINING UK LIMITED

What kind of company is it?

FORMTECH MACHINING UK LIMITED is a private limited company registered with Companies House under company number 12240975. It was incorporated on 3 Oct 2019. Its status is active. The registered office is in Silverstone (NN12). Its nature of business (SIC 2007) is machining (25620), other engineering activities (71129).

How is the company doing financially?

The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files medium company accounts. Turnover was £4,881,507. Profit for the year was £467,098. Net assets were £1,315,426, up 55.1% on the previous year. Cash at bank and in hand was £700,744. The company had an average of 7 employees. Figures are available for 5 financial years (2020–2024).

How does it compare with similar companies?

Compared with 2,649 active companies whose first SIC code is 25620: By turnover it ranks lower than 78% of the 111 that publish turnover (median £10,157,468). By net assets it ranks higher than 82% of them (median £140,295). By total assets it ranks higher than 82% of them (median £324,090). By cash it ranks higher than 84% of them (median £106,498). By number of employees it ranks higher than 65% of them (median 2). It is younger than 75% of them (median age 19.0 years).

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly optical, medical and measuring instruments.

Who runs and controls the company?

The company has 2 current directors. One person with significant control is registered. 2 of 2 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 16 Oct 2027.

Filed accounts2020–2024
20202021202220232024
Turnover———2,339,0424,881,507
Profit for the year———130,939467,098
Cash at bank and in hand25,480667,890946,269569,245700,744
Total assets901,7941,041,2294,420,2681,511,9012,306,017
Total liabilities—————
Net assets / total equity67,863318,584717,389848,3281,315,426
Average number of employees036155787
Average pay (per year)———55,31364,535

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 1 of the last 12 months on record, most recently February 2026. Main goods: optical, medical and measuring instruments.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

11 events
  1. Robert HALLIWELL appointedDirector
  2. Financial year 2024 endedAccounts: turnover £4.9m, net assets £1.3m, 7 employees
  3. Financial year 2023 endedAccounts: turnover £2.3m, net assets £848.3k, 78 employees
  4. Mark Andrew WHITE resignedDirector
  5. Financial year 2022 endedAccounts: net assets £717.4k, 155 employees
  6. Mark Andrew WHITE appointedDirector
  7. Financial year 2021 endedAccounts: net assets £318.6k, 36 employees
  8. Financial year 2020 endedAccounts: net assets £67.9k, 0 employees
Earlier events (3)
  1. Franz HILMER appointedDirector
  2. Mr Franz Hilmer registered as a person with significant control
  3. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.