£9.42m
+24%vs Dec 2023Active06969725Private limited companyLondon
RIGHT FORMULA LTD
B75/10001
Summary
RIGHT FORMULA LTD is an active private limited company (company number 06969725) incorporated on 22 July 2009, registered in London. Its registered activity is other business support service activities n.e.c. (SIC 82990). Latest medium accounts cover the period ending 31 December 2024, showing net assets of £9.42m and cash of £7.63m, with 70 employees on average. Turnover was £29.29m and profit for the year £2.00m. Net assets rose 24% on the prior period (£7.61m).
Peer position · net assets
By net assets it sits in the top quarter of 27,230 comparable companies in London (median £1,197, upper quartile £53k).
02
Key dates
- Incorporated
- 22 July 200917 yrs ago
- Next accounts due
- 30 September 202622 days overdue
- Confirmation statement due
- 5 August 2027in 287 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 82990
- Other business support service activities n.e.c.
- Accounts type
- Medium
- Size band
- MediumCompanies Act thresholds
04
Financials
£7.63m
+33%vs Dec 2023£29.29m
+28%vs Dec 202370
+8%vs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £9.42m | £7.63m | £14.65m | — | £29.29m | £2.00m | 70 |
| 31 December 2023 | £7.61m | £5.73m | £12.64m | — | £22.83m | £1.27m | 65 |
| 31 December 2022 | — | — | — | — | — | — | — |
Net margin6.8%Profit for the year ÷ turnover
Cash per employee£109kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
75 / 100 · grade B
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £9,420,823 at 2024-12-31 |
| +8 | Net assets growing+23.8% vs prior period |
| +4 | Cash reservesCash £7,633,399 |
| +5 | Multi-year filing history3 periods on record |
| +8 | EstablishedIncorporated 2009-07-22 (17 years) |
| −10 | Accounts overdueDue 2026-09-30 |
| 75 | Score, grade B |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Right Formula Group Limited
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 287 days
- Next accounts due22 days overdue
- Accounts period endNet assets £9.42m · medium accounts
- Accounts period endNet assets £7.61m · medium accounts
- Accounts period end
- Incorporated
08
Similar companies in London
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- MICHAEL KAPLAN AND ASSOCIATES LTDLondon · inc. Jul 2009
- ADAM WHONE LTDLondon · inc. Jul 2009
- BIJ MANAGEMENT SERVICES LIMITEDLondon · inc. Jul 2009
- CELLTRION EUROPE LIMITEDLondon · inc. Jul 2009
All companies incorporated on 22 July 2009 · in Jul 2009.
09
Reminders for RIGHT FORMULA LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.