# FORMULA MOTOR GROUP LTD (11644856)

> FORMULA MOTOR GROUP LTD is an active private limited company (company number 11644856) incorporated on 26 October 2018, registered in Hereford. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 30 November 2025, showing net assets of £156k and cash of £4,294, with 1 employee on average. Net assets fell 2% on the prior period (£158k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2018-10-26
- Registered office: Hereford, HR4 9RH
- SIC 45112: Sale of used cars and light motor vehicles
- Next accounts due: 2027-08-30
- Confirmation statement due: 2026-11-09
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 3,345 comparable companies in Other (median £7,606, upper quartile £94k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-11-30 | £156k | £4,294 | — | £32k | — | — | 1 |
| 2024-11-30 | £158k | £5,181 | £2,321 | £58k | — | — | 1 |
| 2023-11-30 | £168k | £59 | — | £92k | — | — | 1 |

current ratio 5.64; net assets trend falling; size band micro.

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

- Net assets above zero: Net assets £155,845 at 30 November 2025
- Current assets at least 1.5× creditors within one year: Current ratio 5.64
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 26 October 2018

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

## Persons with significant control

- Mr Gary Halliday — owns 25–50% of shares; holds 25–50% of voting rights, since 2018-10-26

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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/11644856
HTML: https://firmoscan.com/company/11644856-formula-motor-group-ltd