# FORMULA NETWORKS LIMITED (14763036)

> FORMULA NETWORKS LIMITED is an active private limited company (company number 14763036) incorporated on 28 March 2023, registered in Shrewsbury. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 31 March 2025, showing net assets of £3,108 and cash of £15k, with 2 employees on average. Net assets rose 236% on the prior period (£924).

- Status: Active
- Incorporated: 2023-03-28
- Registered office: Shrewsbury, SY3 7FA
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-04-11
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 11,548 comparable companies in Other (median £6,624, upper quartile £41k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £3,108 | £15k | £52k | £65k | — | — | 2 |
| 2024-03-31 | £924 | £21k | £70k | £90k | — | — | 1 |

current ratio 1.04; size band micro.

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

- Net assets above zero: Net assets £3,108 at 31 March 2025
- Net assets up 10% or more on the prior period: +236.4% vs prior period
- Incorporated two to five years ago: Incorporated 28 March 2023

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

## Persons with significant control

- Samantha Hodges-Miles — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-03-28
- Stuart Miles — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-03-28

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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/14763036
HTML: https://firmoscan.com/company/14763036-formula-networks-limited