FORMULA POWER MANUFACTURING LIMITED Financials
- Company number
- 11437949CopyCopy
- Registered office
- Unit18 Bankfield Business Park, Huddersfield Road, Mirfield, West Yorkshire WF14 9DQ
- Incorporated
- 28/06/2018
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
300.32%vs 20242024: £2.16K
Total Assets
81.74%vs 20242024: £22.67K
Total Liabilities
58.76%vs 20242024: £20.52K
Employees
0vs 20242024: 3
In 2025, FORMULA POWER MANUFACTURING LIMITED reported net assets of £8.64K. The same filing shows total assets of £41.21K and total liabilities of £32.57K. Reported headcount was 3 in 2025. Total Assets rose from £22.67K in 2024 to £41.21K in 2025 (81.74%). 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
300.32%from £2.16K 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 FORMULA POWER MANUFACTURING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+101%vs 2023+41.6% a year compound (CAGR)
Total Assets
+52.9%vs 2023+23.7% a year compound (CAGR)
Total Liabilities
+43.9%vs 2023+19.9% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+101%
£4.31K in 2023 to £8.64K in 2025
Every measure that changed in FORMULA POWER MANUFACTURING LIMITED's filings between 2023 and 2025 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FORMULA POWER MANUFACTURING 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
- 20.96%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
- 79.04%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FORMULA POWER MANUFACTURING 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£ | 25.10K | 10.19K | 4.31K | 2.16K | 8.64K |
| Total Assets£ | 50.80K | 27.71K | 26.95K | 22.67K | 41.21K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 25.70K | 17.51K | 22.64K | 20.52K | 32.57K |
| Employees | 3 | 4 | 3 | 3 | 3 |
FORMULA POWER MANUFACTURING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FORMULA POWER MANUFACTURING LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
FORMULA POWER MANUFACTURING LIMITED reported net assets of £8.64K for 2025. That compares with £2.16K in 2024, a change of 300.32%.
FORMULA POWER MANUFACTURING LIMITED reported total assets of £41.21K for 2025. That compares with £22.67K in 2024, a change of 81.74%.
FORMULA POWER MANUFACTURING LIMITED reported total liabilities of £32.57K for 2025. That compares with £20.52K in 2024, a change of 58.76%.
FORMULA POWER MANUFACTURING LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, FORMULA POWER MANUFACTURING LIMITED's net assets rose by 101%, total assets rose by 52.9%, total liabilities rose by 43.9% and employee numbers was unchanged. Net assets compounded at 41.6% a year across the two years to 2025, from £4.31K to £8.64K. Reported headcount went from 3 in 2023 to 3 in 2025.
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.