# FORMATION PROPERTY DEVELOPMENT LIMITED (10926529)

> FORMATION PROPERTY DEVELOPMENT LIMITED is an active private limited company (company number 10926529) incorporated on 22 August 2017, registered in Barrow-In-Furness. Its registered activity is buying and selling of own real estate (SIC 68100). Latest micro accounts cover the period ending 31 August 2025, showing net assets of −£118k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 1% on the prior period (−£117k).

- Status: Active
- Incorporated: 2017-08-22
- Registered office: Barrow-In-Furness, LA14 4LP
- SIC 68100: Buying and selling of own real estate
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-09-05
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 2,450 comparable companies in Lancashire (median £1, upper quartile £13k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | −£118k | — | — | £168k | — | — | 1 |
| 2024-08-31 | −£117k | — | — | £164k | — | — | 1 |

current ratio 0.6; size band micro.

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

- Net assets below zero: Net assets £-118,005 at 31 August 2025
- Current assets below creditors within one year: Current ratio 0.6
- Incorporated five or more years ago: Incorporated 22 August 2017

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

## Persons with significant control

- Mr Adrian Morris — owns 25–50% of shares; owns 25–50% of shares; holds 25–50% of voting rights; holds 25–50% of voting rights; can appoint or remove directors, since 2017-08-22
- Mrs Dawn Morris — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2017-08-22

---
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/10926529
HTML: https://firmoscan.com/company/10926529-formation-property-development-limited