# OPEN FORMULA LIMITED (11198418)

> OPEN FORMULA LIMITED is an active private limited company (company number 11198418) incorporated on 10 February 2018, registered in Derby. Its registered activity is other information technology service activities (SIC 62090). Latest small accounts cover the period ending 28 February 2025, showing net assets of −£248 and cash of £1,279, with 4 employees on average. Net assets rose 84% on the prior period (−£1,511).

- Status: Active
- Incorporated: 2018-02-10
- Registered office: Derby, DE1 3DY
- SIC 62090: Other information technology service activities
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-02-24
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 291 comparable companies in Derby (median £2,381, upper quartile £49k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | −£248 | £1,279 | £1,200 | — | — | — | 4 |
| 2024-02-29 | −£1,511 | £765 | £1,421 | — | — | — | 4 |

size band micro.

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

- Net assets below zero: Net assets £-248 at 28 February 2025
- Net assets up 10% or more on the prior period: +83.6% vs prior period
- Incorporated five or more years ago: Incorporated 10 February 2018

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

## Persons with significant control

- Mr Philip Alan Levy — can appoint or remove directors, since 2026-02-10

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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/11198418
HTML: https://firmoscan.com/company/11198418-open-formula-limited