Firmoscan
Active12310583Private limited companySale

FORMULA PHI LIMITED

D35/100

Owned by Tao Chen and Ya Yang

Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

FORMULA PHI LIMITED is an active private limited company (company number 12310583) incorporated on 12 November 2019, registered in Sale. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest micro accounts cover the period ending 30 November 2025, showing net assets of −£27k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 36% on the prior period (−£20k).

Peer position · net assets

By net assets it sits in the lower half of 11,601 comparable companies in Manchester (median £1, upper quartile £15k).

02

Key dates

Incorporated
12 November 20196 yrs ago
Next accounts due
30 August 2027in 312 days
Confirmation statement due
26 November 2026in 35 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 68209
Other letting and operating of own or leased real estate
Accounts type
Micro Entity
Size band
MicroCompanies Act thresholds
04

Financials

2 periods on record · latest ending 30 November 2025
Net assets
−£27k
vs Nov 2024
Cash at bank
Not reported
Turnover
Not disclosed
Employees
0
vs Nov 2024
Net assets
−£27k
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
30 November 2025−£27k—————0
30 November 2024−£20k—————0

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.

05

Firmoscan score

Rules-based · every point shows its evidence
35 / 100 · grade D
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
−15Negative net assetsNet assets £-27,400 at 2025-11-30
−8Net assets falling-36.0% vs prior period
+8EstablishedIncorporated 2019-11-12 (7 years)
35Score, grade D

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

2 active
  • Mr Tao Chen
    Individual · since 12 November 2019
    • owns 25–50% of shares
    • holds 25–50% of voting rights
    • can appoint or remove directors
  • Mrs Ya Yang
    Individual · since 15 December 2020
    • owns 25–50% of shares

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

07

Timeline

Newest first
  1. Next accounts duein 312 days
  2. Confirmation statement duein 35 days
  3. Accounts period endNet liabilities £27k · micro accounts
  4. Accounts period endNet liabilities £20k · micro accounts
  5. Incorporated
08

Similar companies in Manchester

Same activity (other letting and operating of own or leased real estate), closest in incorporation date

All companies incorporated on 12 November 2019 · in Nov 2019.

09

Reminders for FORMULA PHI LIMITED

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.