# FORMAL TECHNOLOGY LIMITED (07281656)

> FORMAL TECHNOLOGY LIMITED is an active private limited company (company number 07281656) incorporated on 11 June 2010, registered in Braintree. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 30 June 2025, showing net assets of £89k, with 4 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 28% on the prior period (£124k).

- Status: Active
- Incorporated: 2010-06-11
- Registered office: Braintree, CM77 8DZ
- SIC 62012: Business and domestic software development
- Next accounts due: 2027-03-30
- Confirmation statement due: 2027-06-25
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 840 comparable companies in Essex (median £1,000, upper quartile £28k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-30 | £89k | — | — | £52k | — | — | 4 |
| 2024-06-30 | £124k | — | — | £60k | — | — | 4 |

current ratio 2.52; size band micro.

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

- Net assets above zero: Net assets £88,889 at 30 June 2025
- Net assets down 25% or more on the prior period: -28.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.52
- Incorporated five or more years ago: Incorporated 11 June 2010

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

## Persons with significant control

- Mr. Dmitry Lavrov — owns 50–75% of shares, since 2016-04-06
- Olga Karpeko — owns 25–50% 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/07281656
HTML: https://firmoscan.com/company/07281656-formal-technology-limited