How much does Formel D (UK) Limited make?

Formel D (UK) Limited reported revenue of £16.1m and £617k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Formel D (UK) Limited have?

Formel D (UK) Limited reported an average of 321 employees in the year to 31 Dec 2025.

Is Formel D (UK) Limited profitable?

Yes — Formel D (UK) Limited reported a profit of £617k in the year to 31 Dec 2025.

Company No. 02935536 · Incorporated 3 Jun 1994

Formel D (UK) Limited

Registered name: FORMEL D (UK) LIMITED

Part of Formel D Gmbh group

Formel D (UK) Limited made £16.1m revenue and £617k profit in the year to 31 Dec 2025. read from filing text

Formel D (UK) Limited’s revenue grew 20% to £16.1m in the year to 31 Dec 2025, with £617k profit and 321 employees. The company is classified under “other information technology service activities” and is based in Birmingham; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities SIC 70229Management consultancy activities other than financial management SIC 71200Technical testing and analysis SIC 82990Other business support service activities n.e.c.

Status: Active
Location: Birmingham, West Midlands
Age: 32 yrs · since 1994
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate controlling party is”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightDoing more with less

Revenue

£16.1m

Growth ▲19.5%

Profit

£617k

Growth ▼43.3%

Profit margin

3.8%

Gross 17.5%

Employees

321

Change ▼7.8%

Profit / employee

£1.9k

Revenue/employee £50.2k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£15.3m	£12.2m	£13.5m	£16.1m
Cost of sales	£12.9m	£9.5m	£10.2m	£13.3m
Gross profit	£2.4m	£2.7m	£3.3m	£2.8m
Operating profit	—	—	£1.4m	£822k
Profit before tax	£102k	£774k	£1.5m	£828k
Profit after tax	£86.7k	£590k	£1.1m	£617k
Profit (best available)	£86.7k	£590k	£1.1m	£617k
Staff costs	£5.8m	£5.8m	£6.1m	£5.4m
Employees (average)	289	306	348	321
Ratios
Profit margin	0.6%	4.8%	8.1%	3.8%
Gross margin	15.6%	21.9%	24.6%	17.5%
Revenue per employee	£53k	£39.8k	£38.8k	£50.2k
Profit per employee	£300	£1.9k	£3.1k	£1.9k
Growth (year on year)
Revenue growth	—	▼20.6%	▲10.8%	▲19.5%
Profit growth	—	▲580.2%	▲84.6%	▼43.3%
Headcount growth	—	▲5.9%	▲13.7%	▼7.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.3m	£2m	£982k	£1.2m
Net assets	£4.1m	£3.4m	£1.9m	£2.6m
Fixed assets	£88.1k	£57.9k	£64.7k	£95.1k
Current assets	£7.6m	£6m	£4.5m	£4.9m
Debtors	£4m	£3m	£2.5m	£2.2m
Deferred income	£1.2m	£695k	£435k	£91.1k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 3.8%; Profit ÷ revenue.
Gross margin: 17.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £50.2k; Revenue ÷ average employees.
Profit per employee: £1.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲32%; Now £2.6m
Cash at bank: ▲19%; Now £1.2m
Headcount: ▼8%; Now 321
Deferred income: ▼79%; Now £91.1k
Fixed assets: ▲47%; Now £95.1k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Formel D Gmbh (registered outside the UK register)ultimate parent75–100%
Formel D (UK) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £617k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.