FORMULASCO LTD

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Executive Summary

FORMULASCO LTD is a young retail company currently experiencing liquidity challenges and negative equity, primarily sustained by a director loan. Immediate focus on improving cash flow, raising capital, and growing revenue is essential to restore financial health and avoid insolvency risks. With prompt action, the company has potential to stabilize and progress towards profitability.

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Who controls this company?

Mr Aaron Parmar

Correspondence address
77, Copthall Road West, Ickenham, United Kingdom, UB10 8HS
Date of birth
December 1965
Notified on
2023-03-09
Nationality
British
Country of residence
United Kingdom
 
Source data
Nature of control
Owns more than 75% of the company's shares
Has more than 75% of the voting rights in the company
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