Formula International Limited in Ellesmere Port, CH65 4LB

Description

Data updated on: 01-11-2023

Formula International has been operating offering its services for 28 years. Established under company registration number 03282525, the company is listed as a Private Limited Company. You may visit the main office of this firm during its opening hours under the following address: Formula House Bridges Road, CH65 4LB Ellesmere Port. This firm is known as Formula International Limited. However, the company also was listed as Formula International Carriers until the name got changed twenty three years from now. The enterprise's Standard Industrial Classification Code is 77120 and has the NACE code: Renting and leasing of trucks and other heavy vehicles. The business latest accounts were submitted for the period up to 2023-03-31 and the most recent annual confirmation statement was filed on 2022-11-23.

Claire W., Mark J., Maureen J. and Stephen J. are listed as firm's directors and have been doing everything they can to make sure everything is working correctly since 2020-01-02.

Previous company's names
Formula International Limited 2001-02-13
Formula International Carriers Limited 1996-11-22

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	844 129	909 580	2 325 643	2 305 521	2 427 100

Balance Sheet
Cash Bank On Hand					3 027	1 824	4 270	32 710	5 156	53 178	199 676	398 219
Current Assets	677 576	1 066 593	875 384	753 465	744 814	776 565	1 140 117	934 924	651 659	527 521	786 327	1 082 734
Debtors	613 080	981 935	676 208	681 769	718 287	752 741	1 115 847	857 214	583 470	451 343	561 587	674 836
Net Assets Liabilities					2 427 100	2 298 627	2 913 988	3 319 841	3 539 553	3 619 246	3 968 796	4 569 742
Other Debtors					252 373	205 730	236 107	306 513	125 802	26 354	24 087	40 827
Property Plant Equipment					4 046 330	4 450 883	4 640 575	5 240 778	5 043 703	4 994 634	5 131 572	5 060 720
Total Inventories					23 500	22 000	20 000	45 000	63 033	23 000	25 064
Cash Bank In Hand	4 612	24 774	132 527	5 047	3 027
Net Assets Liabilities Including Pension Asset Liability	844 129	909 580	2 325 643	2 305 521	2 427 100
Stocks Inventory	59 884	59 884	66 649	66 649	23 500
Tangible Fixed Assets	2 947 544	3 110 307	3 678 308	3 827 144	4 046 330

Capital & Reserves
Called Up Share Capital	366	366	366	366	366
Profit Loss Account Reserve	743 681	809 132	2 225 195	2 205 073	2 326 652
Shareholder Funds	844 129	909 580	2 325 643	2 305 521	2 427 100

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					3 058 635	3 283 260	3 400 919	3 574 857	3 657 582	3 854 050	3 989 801	2 698 003
Average Number Employees During Period						19	19	18	17	19	25	25
Bank Borrowings Overdrafts					916 453	1 311 143	1 148 692	895 618	365 146	1 408 119	1 349 975	1 107 377
Capital Reduction Decrease In Equity						20					23
Corporation Tax Payable						99 246	255 047	144 945	155 049	71 458	127 561	214 160
Creditors					1 083 987	1 415 846	1 230 988	1 021 027	390 031	1 433 617	1 524 102	1 226 966
Dividends Paid						190 365	168 179			88 938	4 000	4 000
Fixed Assets									5 043 703	6 281 132	6 418 070	6 361 303
Future Minimum Lease Payments Under Non-cancellable Operating Leases									242 124	88 930	234 790	175 741
Increase From Depreciation Charge For Year Property Plant Equipment						225 458	225 937	203 334	232 502	196 468	189 750	204 746
Investment Property										1 286 498	1 286 498	1 300 583
Investment Property Fair Value Model										1 286 498	1 286 498	1 300 583
Net Current Assets Liabilities	-560 412	-482 335	13 204	-94 663	-164 059	-384 773	-182 868	-573 832	-821 503	-935 653	-633 778	-179 030
Other Creditors					147 960	247 812	82 296	125 409	24 885	25 498	174 127	119 589
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							108 278	29 396	149 777		53 999	1 496 544
Other Disposals Property Plant Equipment							138 481	41 500	320 907		54 000	1 536 647
Other Taxation Social Security Payable					129 137	208 748	166 808	101 916	148 909	101 896	140 984	172 293
Payments To Acquire Own Shares						-235 990					-180 900
Profit Loss						297 882	783 540			168 631	534 450
Property Plant Equipment Gross Cost					7 104 965	7 734 143	8 041 494	8 815 635	8 701 285	8 848 684	9 121 373	7 758 723
Provisions For Liabilities Balance Sheet Subtotal					371 184	351 637	312 731	326 078	292 616	292 616	291 394	385 565
Redemption Shares Decrease In Equity											-23
Total Additions Including From Business Combinations Property Plant Equipment						649 178	445 832	815 641	206 557	147 399	326 689	173 997
Total Assets Less Current Liabilities	2 387 132	2 627 972	3 691 512	3 732 481	3 882 271	4 066 110	4 457 707	4 666 946	4 222 200	5 345 479	5 784 292	6 182 273
Trade Creditors Trade Payables					132 872	197 982	202 444	113 837	145 898	213 504	206 667	163 410
Trade Debtors Trade Receivables					465 914	547 011	879 740	550 701	457 668	424 989	467 500	553 929
Advances Credits Directors		114 370	163 722	143 165	24 288		164 124	262 420
Advances Credits Made In Period Directors		114 370	163 722	143 165				263 026
Advances Credits Repaid In Period Directors			114 370	163 722				164 730
Amount Specific Advance Or Credit Directors				143 165	2 500	101 763
Amount Specific Advance Or Credit Made In Period Directors					2 500	101 763
Amount Specific Advance Or Credit Repaid In Period Directors					143 165	2 500
Bank Borrowings					1 119 787	1 625 752
Bank Overdrafts					134 021	97 585
Capital Redemption Reserve	50 088	50 088	50 088	50 088	50 088
Creditors Due After One Year	1 413 968	1 610 687	1 014 671	1 058 258	1 083 987
Creditors Due Within One Year	1 237 988	1 548 928	862 180	848 128	908 873
Disposals Decrease In Depreciation Impairment Property Plant Equipment						833
Disposals Property Plant Equipment						20 000
Finance Lease Liabilities Present Value Total					167 534	104 703
Number Shares Allotted		450	450	450	450
Par Value Share		1	1	1	1
Provisions For Liabilities Charges	129 035	107 705	351 198	368 702	371 184
Secured Debts	2 118 113	2 658 376	1 347 064	1 524 985	1 582 891
Share Capital Allotted Called Up Paid	366	366	366	366	366
Share Premium Account	49 994	49 994	49 994	49 994	49 994
Tangible Fixed Assets Additions		601 950	1 471 262	388 053	424 178
Tangible Fixed Assets Cost Or Valuation	8 101 168	8 659 898	6 346 075	6 686 787	7 104 965
Tangible Fixed Assets Depreciation	5 153 624	5 549 591	2 667 767	2 859 643	3 058 635
Tangible Fixed Assets Depreciation Charged In Period		435 248	243 635	219 015	204 991
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		39 281	3 125 459	27 139	5 999
Tangible Fixed Assets Disposals		43 220	3 785 085	47 341	6 000
Total Borrowings					1 582 891	1 922 642