How many employees does Formidable Labs UK Limited have?

Formidable Labs UK Limited reported an average of 19 employees in the year to 31 Dec 2023.

Company No. 10332778 · Incorporated 17 Aug 2016

Formidable Labs UK Limited

Registered name: FORMIDABLE LABS UK LIMITED

Formidable Labs UK Limited does not publish its revenue or profit. Its accounts to 31 Dec 2023 show net assets of £189k and 19 employees.

Formidable Labs UK Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Dec 2023 showed net assets of £189k and 19 employees. The company is classified under “information technology consultancy activities” and is based in Slough; we hold 2 years of its filed accounts.

Balance sheet onlySection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Liquidation
Location: Slough, South East
Age: 10 yrs · since 2016
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 parent company is Nearform Parent LLC, a company incorporated in the United States of America. The parent undertaking of the smallest group within which consolidated financial statements ”

Latest accounts · year to 31 Dec 2023

Key figures

Revenue not disclosed

Formidable Labs UK Limited’s accounts for the year to 31 Dec 2023 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.

We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.

Employees: 19
Net assets: £189k

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	No P&L	No P&L
Profit & loss
Revenue (turnover)	—	—
Profit (best available)	—	—
Employees (average)	28	19
Ratios
Profit margin	—	—
Growth (year on year)
Headcount growth	—	▼32.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£529k	£176k
Net assets	£295k	£189k
Current assets	£1.7m	£522k
Debtors	£993k	£267k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

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: ▼36%; Now £189k
Cash at bank: ▼67%; Now £176k
Headcount: ▼32%; Now 19
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Nearform Limited (registered outside the UK register)ultimate parent75–100%
Nearform UK Limited75–100%
Formidable Labs 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023, from the Companies House accounts bulk data published Sep 2024. 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.