# FORMULA ONE DESIGNS LIMITED (02539886)

> FORMULA ONE DESIGNS LIMITED is an active private limited company (company number 02539886) incorporated on 17 September 1990, registered in Potters Bar. Its registered activity is specialised design activities (SIC 74100). Latest small accounts cover the period ending 30 September 2025, showing net assets of £45k and cash of £93k, with 1 employee on average. Net assets rose 7% on the prior period (£42k).

- Status: Active
- Incorporated: 1990-09-17
- Registered office: Potters Bar, EN6 5JU
- SIC 74100: Specialised design activities
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-10-01
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 2,103 comparable companies in Greater London (median £2,010, upper quartile £22k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £45k | £93k | — | £52k | — | — | 1 |
| 2024-09-30 | £42k | £113k | — | £78k | — | — | 1 |

current ratio 1.84; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £45,018 at 30 September 2025
- Current assets at least 1.5× creditors within one year: Current ratio 1.84
- Cash at bank of £50,000 or more: Cash £93,138
- Incorporated five or more years ago: Incorporated 17 September 1990

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Peter Michael Lowen — owns 75–100% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02539886
HTML: https://firmoscan.com/company/02539886-formula-one-designs-limited