FORMULA SPACE LTD
Company number 13603571 · Active · Canterbury CT4 5DR
FORMULA SPACE LTD is an active private limited company (company number 13603571) incorporated on 6 September 2021, registered in Canterbury. Its registered activity is other retail sale not in stores, stalls or markets (SIC 47990). Latest small accounts cover the period ending 31 December 2025, showing net assets of £922k and cash of £785k, with 26 employees on average. Net assets rose 276% on the prior period (£245k). Across the last 3 periods on record the net-asset trend is volatile.
By net assets it sits in the top quarter of 455 comparable companies in Kent (median £949, upper quartile £29k).
Key dates
- Incorporated
- 6 September 2021
- Next accounts due
- 30 September 2027 — in 345 days
- Confirmation statement due
- 20 September 2027 — in 335 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 47990
- Other retail sale not in stores, stalls or markets
- Accounts type
- Total Exemption Full
- Size band
- Small (Companies Act thresholds)
Financials — 3 periods on record, latest ending 31 December 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | £922k | £785k | £1.55m | £1.83m | — | — | 26 |
| 31 December 2024 | £245k | £112k | £772k | £819k | — | — | 18 |
| 31 December 2023 | £349k | £153k | £599k | £656k | — | — | 19 |
- Current ratio
- 1.58 — comfortable
- Cash per employee
- £30k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 93/100 (grade A)
- +10 Positive net assets — Net assets £921,720 at 2025-12-31
- +8 Net assets growing — +276.1% vs prior period
- +8 Comfortable liquidity — Current ratio 1.58
- +4 Cash reserves — Cash £784,768
- +5 Multi-year filing history — 3 periods on record
- +8 Established — Incorporated 2021-09-06 (5 years)
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
- Formula Global Ltd (corporate entity, United Kingdom) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 6 September 2021
- Mr Rolf Thomas Groombridge — has significant influence or control · since 6 September 2021 · ceased 6 September 2021
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 Kent
Same activity (other retail sale not in stores, stalls or markets), closest in incorporation date.
- QIB TRADERS LTD — Hastings, inc. Sept 2021
- ATCRAFTSMEN LTD — Deal, inc. Sept 2021
- LUNA STATICS LTD — Bexhill, inc. Aug 2021
- LUNA ORGANISATION LIMITED — St. Leonards-On-Sea, inc. Aug 2021
- BEAUTY ANGELS STORE UK LTD — Canterbury, inc. Oct 2021
- WARDVAIL MARKETPLACE LTD — Icklesham, inc. Jun 2021
Reminders for FORMULA SPACE LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.