Formula 1 Limited
Registered name: FORMULA 1 LIMITED
Formula 1 Limited made £37k revenue and £13.9k profit in the year to 31 Mar 2025.
Formula 1 Limited’s revenue fell 10% to £37k in the year to 31 Mar 2025, with £13.9k profit and 2 employees. The company is classified under “other accommodation” and is based in Livingston; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Livingston, Scotland
- Age
- 32 yrs · since 1994
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £47.8k | £41k | £37k |
| Profit after tax | £32.9k | £26.2k | £13.9k |
| Profit (best available) | £32.9k | £26.2k | £13.9k |
| Staff costs | £10.5k | £11.9k | £9.4k |
| Employees (average) | — | 2 | 2 |
| Ratios | |||
| Profit margin | 68.7% | 63.9% | 37.6% |
| Revenue per employee | — | £20.5k | £18.5k |
| Profit per employee | — | £13.1k | £7k |
| Growth (year on year) | |||
| Revenue growth | — | ▼14.3% | ▼9.8% |
| Profit growth | — | ▼20.3% | ▼46.9% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £521k | £541k | £546k |
| Fixed assets | £758k | £462k | £462k |
| Current assets | £49k | £83.6k | £84.2k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 37.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £18.5k
- Revenue ÷ average employees.
- Profit per employee
- £7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1250%
- 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
- ▲1%
- Now £546k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £462k
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £13.9k), from the Companies House accounts bulk data published Apr 2025. 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.