FORMALFIT TAILORING LIMITED Financials
- Company number
- 02631400CopyCopy
- Registered office
- Unit 2 And 3 Kingsmead Station Road, Kings Cliffe, Peterborough PE8 6YH
- Incorporated
- 22/07/1991
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
21.47%vs 20242024: £214.74K
Total Assets
5.05%vs 20242024: £383.67K
Cash in Bank
29.27%vs 20242024: £230.33K
Total Liabilities
-30.20%vs 20242024: £154.77K
Employees
-1vs 20242024: 4
In 2025, FORMALFIT TAILORING LIMITED reported net assets of £260.84K. The same filing shows total assets of £403.07K, cash in bank of £297.74K and total liabilities of £108.03K. Reported headcount was 3 in 2025. Cash in Bank rose from £230.33K in 2024 to £297.74K in 2025 (29.27%). Okredo holds filed figures for 2021–2025; 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
21.47%from £214.74K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures FORMALFIT TAILORING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+71.4%vs 2023+30.9% a year compound (CAGR)
Cash in Bank
+19.3%vs 2023+9.2% a year compound (CAGR)
Total Assets
+28.5%vs 2023+13.3% a year compound (CAGR)
Total Liabilities
-25.2%vs 2023-13.5% a year compound (CAGR)
Employees
-25%vs 2023-1Biggest increase
Net Assets+71.4%
£152.17K in 2023 to £260.84K in 2025
Biggest decrease
Total Liabilities-25.2%
£144.39K in 2023 to £108.03K in 2025
FORMALFIT TAILORING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FORMALFIT TAILORING 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
- 64.71%2025
- 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
- 26.80%2025
- 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
- 275.60%2025
- 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
- 73.87%2025
- 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 FORMALFIT TAILORING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 69.74K | 99.36K | 152.17K | 214.74K | 260.84K |
| Total Assets£ | 259.84K | 247.76K | 313.74K | 383.67K | 403.07K |
| Cash in Bank£ | 126.75K | 154.77K | 249.62K | 230.33K | 297.74K |
| Total Liabilities£ | 164.82K | 127.59K | 144.39K | 154.77K | 108.03K |
| Employees | 5 | 4 | 4 | 4 | 3 |
FORMALFIT TAILORING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FORMALFIT TAILORING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
FORMALFIT TAILORING LIMITED reported net assets of £260.84K for 2025. That compares with £214.74K in 2024, a change of 21.47%.
FORMALFIT TAILORING LIMITED reported total assets of £403.07K for 2025. That compares with £383.67K in 2024, a change of 5.05%.
FORMALFIT TAILORING LIMITED reported cash in bank of £297.74K for 2025. That compares with £230.33K in 2024, a change of 29.27%.
FORMALFIT TAILORING LIMITED reported 3 employees in 2025, compared with 4 in 2024.
Between 2023 and 2025, FORMALFIT TAILORING LIMITED's net assets rose by 71.4%, cash in bank rose by 19.3%, total assets rose by 28.5% and total liabilities fell by 25.2%. Net assets compounded at 30.9% a year across the two years to 2025, from £152.17K to £260.84K. Reported headcount went from 4 in 2023 to 3 in 2025 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.