−£60k
vs Dec 2023Active06986966Private limited companyMilton Keynes
FORMULA FAST LIMITED
Significant control: Philip James Stanley (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Other sports activities (SIC 93199). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
FORMULA FAST LIMITED is an active private limited company (company number 06986966) incorporated on 11 August 2009, registered in Milton Keynes. Its registered activity is other sports activities (SIC 93199). Latest small accounts cover the period ending 30 December 2024, showing net assets of −£60k and cash of £42k, with 29 employees on average. Net assets rose 10% on the prior period (−£66k).
Peer position · net assets
By net assets it sits in the bottom quarter of 162 comparable companies in Milton Keynes (median £465, upper quartile £14k).
02
Ownership and control
- Mr Philip James Stanley
- owns 75–100% of shares
- holds 75–100% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 11 August 200917 yrs ago
- Next accounts due
- 30 September 202623 days overdue
- Confirmation statement due
- 25 August 2027in 306 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 93199
- Other sports activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£42k
−38%vs Dec 2023Not reported
29
No changevs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 December 2024 | −£60k | £42k | £42k | £170k | — | — | 29 |
| 31 December 2023 | −£66k | £67k | £42k | £215k | — | — | 29 |
Current ratio0.51Current assets ÷ creditors within one year
Cash per employee£1,440Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-59,869 at 30 December 2024
- Current assets below creditors within one yearCurrent ratio 0.51
- Incorporated five or more years agoIncorporated 11 August 2009
- Accounts past their due dateDue 30 September 2026
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 306 days
- Next accounts due23 days overdue
- Accounts period endNet liabilities £60k · small accounts
- Accounts period endNet liabilities £66k · small accounts
- Incorporated
08
Similar companies in Milton Keynes
- SL SPORTS LTDNewport Pagnell · inc. Dec 2009
- P10 PRODUCTIONS LIMITEDMilton Keynes · inc. Mar 2009
- FOOLS ON HORSES LIMITEDNewport Pagnell · inc. Feb 2009
- CHICKSANDS BIKE PARK C.I.C.Bedford · inc. Feb 2010
- AYLESBURY VALE COMMUNITY TRUSTBuckingham · inc. Jan 2009
- O'BRIEN MOTORSPORT LIMITEDBedford · inc. Jan 2009
All companies incorporated on 11 August 2009 · in Aug 2009.
09
Reminders for FORMULA FAST LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.