Formula Merchants Ltd in Woking, GU21 5JY

Description

Data updated on: 01-11-2023

2007 marks the beginning of Formula Merchants Ltd, a company which is located at Unit 16 Woking Business Park, Albert Drive in Woking. That would make 17 years Formula Merchants has been on the British market, as the company was created on 2007-02-26. The company's registered no. is 06127081 and its zip code is GU21 5JY. The company's principal business activity number is 93199 which stands for Other sports activities. Formula Merchants Limited reported its latest accounts for the financial year up to 2022-12-31. The company's most recent confirmation statement was filed on 2023-02-26.

According to the latest update, there’s only a single managing director in the company: Anthony H. (since 2010-11-25). For 13 years Sidney W., had been responsible for a variety of tasks within the firm till the resignation in 2020.

Anthony H. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR
Net Worth	-335	29 571	51 910	98 323	127 175

Balance Sheet
Cash Bank In Hand	39 342	25 224	5 910	73 520	102 987
Cash Bank On Hand					102 987	16 468	59 216	98 678	57 977	56 978	11 227	107 196
Current Assets	93 437	240 031	257 786	505 171	643 922	669 330	793 450	872 328	624 715	590 477	524 361	654 688
Debtors	49 595	209 557	247 151	426 576	535 685	647 612	728 984	768 400	561 488	530 874	510 509	544 867
Net Assets Liabilities					127 175	251 035	281 539	326 371	292 043	277 894	251 448	200 921
Other Debtors					10 693		52 083	57 535	59 926	52 535	52 535	52 535
Property Plant Equipment							13 547	10 160	7 620	5 715	4 286
Stocks Inventory	4 500	5 250	4 725	5 075	5 250
Total Inventories					5 250	5 250	5 250	5 250	5 250	2 625	2 625	2 625
Net Assets Liabilities Including Pension Asset Liability	-335	29 571

Capital & Reserves
Called Up Share Capital	1	1	1	1	1
Profit Loss Account Reserve	-336	29 570	51 909	98 322	127 174
Shareholder Funds	-335	29 571	51 910	98 323	127 175

Other Financial Data
Amount Specific Advance Or Credit Directors								5 000
Amount Specific Advance Or Credit Made In Period Directors								5 000
Accumulated Depreciation Impairment Property Plant Equipment							1 953	5 340	7 880	9 785	11 214
Average Number Employees During Period						1	1	1	1	1	1	1
Bank Borrowings						329 848	277 795	219 283	168 786	192 091	62 734	42 388
Bank Borrowings Overdrafts						279 064	227 011	168 499	118 002	111 014	37 745	32 388
Creditors					516 747	279 064	227 011	168 499	118 002	111 014	37 745	32 388
Creditors Due Within One Year	93 772	210 460	205 876	406 848	516 747
Fixed Assets						560 320	573 867	570 480	567 940	566 035	564 606	560 320
Future Minimum Lease Payments Under Non-cancellable Operating Leases						5 707	1 499	8 370	6 416	5 749	6 797	6 827
Increase From Depreciation Charge For Year Property Plant Equipment							1 953	3 387	2 540	1 905	1 429
Investments Fixed Assets						560 320	560 320	560 320	560 320	560 320	560 320	560 320
Investments In Group Undertakings						560 320	560 320	560 320	560 320	560 320	560 320	560 320
Net Current Assets Liabilities	-335	29 571	51 910	98 323	127 175	-30 221	-65 317	-75 610	-157 895	-177 127	-275 413	-327 011
Number Shares Allotted		1	1	1	1
Number Shares Issued Fully Paid						1	1	1	1	1	1	1
Other Creditors					2 639	301 224	501 985	553 239	605 223	654 146	689 995	720 074
Other Taxation Social Security Payable					60 375	94 117	39 220	25 206	16 957	7 779	4 529	24 539
Par Value Share		1	1	1	1	1	1	1	1	1	1	1
Property Plant Equipment Gross Cost							15 500	15 500	15 500	15 500	15 500
Share Capital Allotted Called Up Paid	1	1	1	1	1
Total Additions Including From Business Combinations Property Plant Equipment							15 500
Total Assets Less Current Liabilities	-335	29 571	51 910	98 323	127 175	530 099	508 550	494 870	410 045	388 908	289 193	233 309
Trade Creditors Trade Payables					453 733	253 426	266 778	318 709	109 646	24 602	80 261	227 086
Trade Debtors Trade Receivables					524 992	647 612	676 901	710 865	501 562	478 339	457 974	492 332
Disposals Decrease In Depreciation Impairment Property Plant Equipment												11 214
Disposals Property Plant Equipment												15 500