FORMULA EQUAL HOLDINGS LIMITED Financials
- Company number
- 11190291Copy
Copy - Registered office
- WYATTS CHARTERED ACCOUNTANTS, York House 1 Seagrave Road, London SW6 1RP
- Incorporated
- 06/02/2018
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-1.96%vs 20232023: £4.12M
Total Assets
-0.30%vs 20232023: £6.71K
Total Liabilities
1.96%vs 20232023: £-4.11M
Employees
0vs 20232023: 3
In 2024, FORMULA EQUAL HOLDINGS LIMITED reported net assets of £4.04M. The same filing shows total assets of £6.69K and total liabilities of £-4.03M. Reported headcount was 3 in 2024. Net Assets fell from £4.12M in 2023 to £4.04M in 2024 (-1.96%). 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
-1.96%from £4.12M in 2023Year-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 FORMULA EQUAL HOLDINGS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-3.4%vs 2022-1.7% a year compound (CAGR)
Total Assets
-<0.1%vs 2022-<0.1% a year compound (CAGR)
Total Liabilities
Increasedvs 2022Employees
0%vs 2022Biggest decrease
Net Assets-3.4%
£4.18M in 2022 to £4.04M in 2024
FORMULA EQUAL HOLDINGS LIMITED's filings pull in both directions between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FORMULA EQUAL HOLDINGS 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
- 60,328.31%2024
- Liabilities to total assets
- -60,228.31%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.
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FORMULA EQUAL HOLDINGS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -3.86M | 4.18M | 4.12M | 4.04M |
| Total Assets£ | 34.99K | 6.69K | 6.71K | 6.69K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 3.89M | -4.17M | -4.11M | -4.03M |
| Employees | 2 | 3 | 3 | 3 |
FORMULA EQUAL HOLDINGS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has FORMULA EQUAL HOLDINGS LIMITED filed financial statements?
Yes. Okredo holds filed figures for FORMULA EQUAL HOLDINGS LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did FORMULA EQUAL HOLDINGS LIMITED report in 2024?
FORMULA EQUAL HOLDINGS LIMITED reported net assets of £4.04M for 2024. That compares with £4.12M in 2023, a change of -1.96%.
What total assets did FORMULA EQUAL HOLDINGS LIMITED report in 2024?
FORMULA EQUAL HOLDINGS LIMITED reported total assets of £6.69K for 2024. That compares with £6.71K in 2023, a change of -0.30%.
What total liabilities did FORMULA EQUAL HOLDINGS LIMITED report in 2024?
FORMULA EQUAL HOLDINGS LIMITED reported total liabilities of £-4.03M for 2024. That compares with £-4.11M in 2023, a change of 1.96%.
How many people does FORMULA EQUAL HOLDINGS LIMITED employ?
FORMULA EQUAL HOLDINGS LIMITED reported 3 employees in 2024, compared with 3 in 2023.
How have FORMULA EQUAL HOLDINGS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, FORMULA EQUAL HOLDINGS LIMITED's net assets fell by 3.4%, total assets fell by <0.1% and employee numbers was unchanged. Net assets contracted at 1.7% a year across the two years to 2024, from £4.18M to £4.04M. Reported headcount went from 3 in 2022 to 3 in 2024.
Which years of FORMULA EQUAL HOLDINGS LIMITED financial data are available?
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.