# FORMULA RACE ENGINES LTD (13260709)

> FORMULA RACE ENGINES LTD is an active private limited company (company number 13260709) incorporated on 11 March 2021, registered in New Milton. Its registered activity is other engineering activities (SIC 71129). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £18k, 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 22% on the prior period (£24k).

- Status: Active
- Incorporated: 2021-03-11
- Registered office: New Milton, BH25 5SH
- SIC 71129: Other engineering activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-25
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 3,739 comparable companies in Other (median £8,713, upper quartile £50k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £18k | — | — | — | — | — | 1 |
| 2024-03-31 | £24k | — | — | — | — | — | 1 |

size band micro.

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

- Net assets above zero: Net assets £18,493 at 31 March 2025
- Incorporated five or more years ago: Incorporated 11 March 2021

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

## Persons with significant control

- Mr Mark Read — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-03-11

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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/13260709
HTML: https://firmoscan.com/company/13260709-formula-race-engines-ltd