FORMATANK LIMITED

Company number SC419774 · Active · Selkirk TD7 5DZ

A
Firmoscan score 81/100

FORMATANK LIMITED is an active private limited company (company number SC419774) incorporated on 19 March 2012, registered in Selkirk. Its registered activity is repair of other equipment (SIC 33190). Latest small accounts cover the period ending 31 March 2026, showing net assets of £67k and cash of £21k, with 4 employees on average. Turnover was £557k and profit for the year £57k. Net assets rose 7% on the prior period (£62k). Across the last 3 periods on record the net-asset trend is volatile.

By net assets it sits in the upper half of 1,005 comparable companies in Other (median £14k, upper quartile £90k).

Key dates

Incorporated
19 March 2012
Next accounts due
31 December 2027 — in 440 days
Confirmation statement due
2 April 2027 — in 167 days

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

Activity

SIC 33190
Repair of other equipment
Accounts type
Total Exemption Full
Size band
Micro (Companies Act thresholds)

Financials — 3 periods on record, latest ending 31 March 2026

Net assets
Net assetsMar 2024: £64k; Mar 2025: £62k; Mar 2026: £67k£64k£62k£67kMar 2024Mar 2025Mar 2026
Cash at bank
Cash at bankMar 2024: £260; Mar 2025: £260; Mar 2026: £21k£260£260£21kMar 2024Mar 2025Mar 2026
Turnover
TurnoverMar 2024: £481k; Mar 2025: £606k; Mar 2026: £557k£481k£606k£557kMar 2024Mar 2025Mar 2026
Profit for the year
Profit for the yearMar 2024: £20k; Mar 2025: £33k; Mar 2026: £57k£20k£33k£57kMar 2024Mar 2025Mar 2026
Average employees
Average employeesMar 2024: 4; Mar 2025: 4; Mar 2026: 4444Mar 2024Mar 2025Mar 2026
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 March 2026£67k£21k£391k£177k£557k£57k4
31 March 2025£62k£260£201k£184k£606k£33k4
31 March 2024£64k£260£229k£210k£481k£20k4
Current ratio
2.36 — comfortable
Net margin
10.2%
Cash per employee
£5,141

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score: 81/100 (grade A)

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

  • Mr Barry Veitch — owns 50–75% of shares; holds 50–75% of voting rights · since 6 April 2016
  • Mrs Linda Veitch — owns 25–50% of shares; holds 25–50% of voting rights · since 24 June 2024
  • Mr Gavin John Veitch — owns 25–50% of shares; holds 25–50% of voting rights · since 6 April 2016 · ceased 5 December 2025

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 the UK

Same activity (repair of other equipment), closest in incorporation date.

Reminders for FORMATANK LIMITED

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