Formation D&B Holdings Limited
Registered name: FORMATION D&B HOLDINGS LIMITED
Part of Formation Group Plc groupFormation D&B Holdings Limited made £125m revenue and £8.1m profit in the year to 31 Aug 2025.
Formation D&B Holdings Limited’s revenue grew 14% to £125m in the year to 31 Aug 2025, with £8.1m profit and 26 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £66.5m | £109m | £125m |
| Cost of sales | — | −£59.8m | −£99.9m | −£111m |
| Gross profit | — | £6.7m | £9.1m | £14.1m |
| Operating profit | — | £4.1m | £5.8m | £10.6m |
| Profit before tax | — | £4m | £5.6m | £10.4m |
| Profit after tax | £0 | £22.8k | £4.1m | £8.1m |
| Profit (best available) | £0 | £22.8k | £4.1m | £8.1m |
| Employees (average) | 0 | 0 | 32 | 26 |
| Ratios | ||||
| Profit margin | — | 0% | 3.8% | 6.5% |
| Gross margin | — | 10.1% | 8.3% | 11.3% |
| Revenue per employee | — | — | £3.4m | £4.8m |
| Profit per employee | — | — | £128k | £310k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲63.9% | ▲14.3% |
| Profit growth | — | — | ▲17949% | ▲96.3% |
| Headcount growth | — | — | — | ▼18.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £488k | £511k | — | — |
| Fixed assets | £8.5k | £5.8m | — | — |
| Current assets | £485k | £507k | — | — |
| Debtors | £0 | £0 | — | — |
| Deferred income | £5.1k | £92.4k | — | — |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | Accounts · bulk data Mar 2025 | Accounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 6.5%
- Profit ÷ revenue.
- Gross margin
- 11.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4.8m
- Revenue ÷ average employees.
- Profit per employee
- £310k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼19%
- Now 26
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Formation Group Plc (registered outside the UK register)ultimate parent50–75%
- Formation D&B Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Formation Design & Build LimitedRev. £66.3m · Profit £2.9m
- Formation (M & E ) LimitedFigures not disclosed
Minority corporate shareholders
- Greenford First Consultancy Limited (registered outside the UK register) 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Aug 2025 (profit £8.1m), 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.