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FORMA LONDON CONSTRUCTION SERVICES LIMITED Financials

Company number
09348111Copy
Copy
Registered office
The Retreat, 406 Roding Lane South, Woodford Green, Essex IG8 8EY
Incorporated
09/12/2014

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£46.22K2024
-60.56%vs 2023

2023: £117.18K

Total Assets

£735.51K2024
-42.45%vs 2023

2023: £1.28M

Cash in Bank

£311.05K2024
-46.74%vs 2023

2023: £584.05K

Total Liabilities

£689.29K2024
-40.62%vs 2023

2023: £1.16M

Employees

72024
+1vs 2023

2023: 6

In 2024, FORMA LONDON CONSTRUCTION SERVICES LIMITED reported net assets of £46.22K. The same filing shows total assets of £735.51K, cash in bank of £311.05K and total liabilities of £689.29K. Reported headcount was 7 in 2024. Total Assets fell from £1.28M in 2023 to £735.51K in 2024 (-42.45%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£46.22K2024
-60.56%from £117.18K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures FORMA LONDON CONSTRUCTION SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£125.97K2022£46.22K2024
-63.3%vs 2022

-39.4% a year compound (CAGR)

Cash in Bank

£388.98K2022£311.05K2024
-20%vs 2022

-10.6% a year compound (CAGR)

Employees

7202272024
0%vs 2022

Biggest decrease

Net Assets-63.3%

£125.97K in 2022 to £46.22K in 2024

Every measure that changed in FORMA LONDON CONSTRUCTION SERVICES LIMITED's filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from FORMA LONDON CONSTRUCTION SERVICES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
6.28%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
93.72%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
45.13%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
42.29%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for FORMA LONDON CONSTRUCTION SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£120.71K125.97K117.18K46.22K
Total Assets£345.74K–1.28M735.51K
Cash in Bank£196.61K388.98K584.05K311.05K
Total Liabilities£225.04K–1.16M689.29K
Employees7767

FORMA LONDON CONSTRUCTION SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for FORMA LONDON CONSTRUCTION SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

FORMA LONDON CONSTRUCTION SERVICES LIMITED reported net assets of £46.22K for 2024. That compares with £117.18K in 2023, a change of -60.56%.

FORMA LONDON CONSTRUCTION SERVICES LIMITED reported total assets of £735.51K for 2024. That compares with £1.28M in 2023, a change of -42.45%.

FORMA LONDON CONSTRUCTION SERVICES LIMITED reported cash in bank of £311.05K for 2024. That compares with £584.05K in 2023, a change of -46.74%.

FORMA LONDON CONSTRUCTION SERVICES LIMITED reported 7 employees in 2024, compared with 6 in 2023.

Between 2022 and 2024, FORMA LONDON CONSTRUCTION SERVICES LIMITED's net assets fell by 63.3%, cash in bank fell by 20% and employee numbers was unchanged. Net assets contracted at 39.4% a year across the two years to 2024, from £125.97K to £46.22K. Reported headcount went from 7 in 2022 to 7 in 2024.

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.