Annual accounts
Unaudited abridged accounts
28/02/2027Filing deadline
- Next accounts made up to
- 31/05/2026
- Last accounts made up to
- 31/05/2025
Reference data exactly as held at Companies House.
The 4 most recent documents filed at Companies House.
Change of details for Mr Michael Damian O'hare as a person with significant control on 2026-02-27
Confirmation statement made on 2026-03-03 with no updates
Director's details changed for Marina Agnes Heaney on 2026-02-20
Change of details for Marina Agnes Heaney as a person with significant control on 2026-02-20
What Pre-Score will tell you

The two filings Companies House requires every year, and where each one stands against its deadline today.
Unaudited abridged accounts
28/02/2027Filing deadline
Confirms the registry record is up to date
17/03/2027Filing deadline
The latest figures FORMULA CARS LIMITED filed. Okredo holds filed accounts data for 2021–2025; the year-by-year record is on the financials page.
Net Assets
2024: £1.59M
Total Assets
2024: £1.97M
Cash in Bank
2024: £225.50K
Total Liabilities
2024: £365.51K
Employees
2024: 1
Of the 4 measures with an earlier filing to compare against, 4 rose. Total assets moved furthest, up 12.94% on 2024. See the full financial analysis for FORMULA CARS LIMITED.
The full financial record
Four ways through FORMULA CARS LIMITED's filed accounts — the year-by-year numbers, the compound rates and the ratios behind them.
Headcount as reported to Companies House for 2021–2025.
| Year | Employees | Change |
|---|---|---|
| 2025 | 1 | 0 |
| 2024 | 1 | -2 |
| 2023 | 3 | -1 |
| 2022 | 4 | 0 |
| 2021 | 4 | – |
Reported employee count decreased from 4 in 2021 to 1 in 2025. See how headcount moved alongside the reported financials.
Credit report
It is a professional assessment of the company 's performance, revealing company's potential and risks, showing it's past experiences and revealing future prospects.
Directors, secretaries and other appointed officers, with the period each has served.
| Person | Role | Period | Connected companies |
|---|---|---|---|
| Director | 03/03/1994–Present | 5 | |
| Director | 05/04/2000–Present | 1 | |
| Secretary | 03/03/1994–Present | 0 | |
| Director | 03/03/1994–05/04/2000 | 6 |
Individuals or entities with significant control over the company, as declared to Companies House.
| Person | Period | Connected companies |
|---|---|---|
| 03/03/2017–Present | 5 | |
| 03/03/2017–Present | 1 |
Every document on the Companies House record, newest first.
Change of details for Mr Michael Damian O'hare as a person with significant control on 2026-02-27
Confirmation statement made on 2026-03-03 with no updates
Director's details changed for Marina Agnes Heaney on 2026-02-20
Change of details for Marina Agnes Heaney as a person with significant control on 2026-02-20
Unaudited abridged accounts made up to 2025-05-31
Confirmation statement made on 2025-03-03 with no updates
Unaudited abridged accounts made up to 2024-05-31
Confirmation statement made on 2024-03-03 with no updates
Unaudited abridged accounts made up to 2023-05-31
Confirmation statement made on 2023-03-03 with no updates
See when the next accounts and confirmation statement are due
180 UK companies are similar to FORMULA CARS LIMITED, sharing the same company status (Active), the same industry sector and activity group (Sale of used cars and light motor vehicles) and a comparable number of employees. The 5 closest matches are shown below to help you compare competitors and industry peers.
C/O Wynne & Co Forestry House, Brewery Road, Carmarthen, Carmarthenshire SA31 1TF
32 Turner Road, Leicester LE5 0QA
A-Z, Hope Street, Halifax, West Yorkshire HX1 5DW
360 Neasden Lane North, London NW10 0BT
Stubbits, Down Park, Turners Hill Road, Crawley Down, Crawley RH10 4HQ
A short description of the company, written from its Companies House record.
FORMULA CARS LIMITED is a private limited company registered in the United Kingdom, based in 53 Upper Dromore Road, Warrenpoint, Co. Down BT34 3PN. Companies House classifies its business as Sale of used cars and light motor vehicles. It has been on the register for 32 years 7 months.
The register currently records it as active. Its 2025 accounts report net assets of £1.64M and 1 employee.
Answered from this company's own registry record and filed figures.
Companies House records FORMULA CARS LIMITED under one registered business activity: Sale of used cars and light motor vehicles (45.11/2 - SIC 2007).
FORMULA CARS LIMITED is recorded as active on the Companies House register, and has been on it since 03/03/1994.
The most recent accounts Okredo holds cover 2025 and report net assets of £1.64M, total assets of £2.22M, cash in bank of £379.73K and total liabilities of £563.77K.
The most recent document on the record is dated 09/03/2026: Change of details for Mr Michael Damian O'hare as a person with significant control on 2026-02-27, 6 months ago.
On the current registry record, accounts are due by 28/02/2027 and the next confirmation statement is due by 17/03/2027.
Companies House lists 4 officers (3 currently in post) and 2 people with significant control.