FORMIC LIMITED
Company number 02424786 · Active · London EC2A 4PX
FORMIC LIMITED is an active private limited company (company number 02424786) incorporated on 20 September 1989, registered in London. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£409k and cash of £69k, with 6 employees on average. Net assets fell 362% on the prior period (−£88k).
By net assets it sits in the bottom quarter of 19,391 comparable companies in London (median £3,248, upper quartile £35k).
Key dates
- Incorporated
- 20 September 1989
- Next accounts due
- 30 September 2026 — 19 days overdue
- Confirmation statement due
- 4 October 2027 — in 350 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62020
- Information technology consultancy activities
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 December 2024
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | −£409k | £69k | £73k | £558k | — | — | 6 |
| 31 December 2023 | −£88k | £174k | £97k | £361k | — | — | 4 |
- Current ratio
- 0.25 — current liabilities exceed current assets
- Cash per employee
- £12k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 21/100 (grade E)
- -15 Negative net assets — Net assets £-408,756 at 2024-12-31
- -8 Net assets falling — -362.5% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.25
- +4 Cash reserves — Cash £69,192
- +8 Established — Incorporated 1989-09-20 (37 years)
- -10 Accounts overdue — Due 2026-09-30
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Favom Ltd (corporate entity, England) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 2 March 2026
- Stockford Limited (corporate entity, England) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 6 April 2016 · ceased 1 November 2019
- Kk Sutton Limited (corporate entity, England) — owns 75–100% of shares; holds 75–100% of voting rights · since 1 November 2019 · ceased 2 March 2026
- (persons with significant control statement) — · since 1 March 2026 · ceased 1 March 2026
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in London
Same activity (information technology consultancy activities), closest in incorporation date.
- R M LEE LTD. — London, inc. Sept 1989
- DATABASE CAPITALISATION CONSULTANCY LIMITED — London, inc. Sept 1989
- DB GROUP LIMITED — London, inc. Sept 1989
- WILLOWMEAD SOFTWARE LIMITED — London, inc. Sept 1989
- SAVIJO LIMITED — London, inc. Aug 1989
- CAFEDATA LIMITED — London, inc. Nov 1989
Reminders for FORMIC LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.