OPEN FORMULA LIMITED

Company number 11198418 ·

Active

Net assets, total assets & total liabilities 2019 – 2025

  • Total assets
  • Net assets
  • Total liabilities
-£15k -£10k -£5k £0 £5k £10k 2019 2020 2021 2022 2023 2024 2025 Total assets 2019: £2,878 Total assets 2020: £3,969 Total assets 2021: £5,424 Total assets 2022: £2,898 Total assets 2023: £7,396 Total assets 2024: £3,487 Total assets 2025: £2,808 Total assets Net assets 2019: -£373 Net assets 2020: -£7,810 Net assets 2021: £793 Net assets 2022: £535 Net assets 2023: £183 Net assets 2024: -£1,511 Net assets 2025: -£248 Net assets Total liabilities 2019: -£3,251 Total liabilities 2020: -£13,003 Total liabilities 2021: -£6,184 Total liabilities 2022: -£3,868 Total liabilities 2023: -£7,213 Total liabilities 2024: -£4,998 Total liabilities 2025: -£3,013 Total liabilities

Figures extracted from filed accounts. Hover a point for the exact value.

Employees 2024 – 2025

0 0 1 1 2 2 3 3 4 2024 2025 2024: 4 2025: 4

Average employees, from filed accounts. Hover a point for the exact figure.

Balance sheet by year 7 years

Latest accounts (2025-02-28): Audit exempt.

Year ending Total assets Total liabilities Net assets Cash Turnover Profit Employees
2025-02-28 £2,808 -£3,013 -£248 £1,279 4
2024-02-29 £3,487 -£4,998 -£1,511 £765 4
2023-02-28 £7,396 -£7,213 £183 £3,555
2022-02-28 £2,898 -£3,868 £535 £1,763
2021-02-28 £5,424 -£6,184 £793 £985
2020-02-29 £3,969 -£13,003 -£7,810 £684
2019-02-28 £2,878 -£3,251 -£373 £217

Profit and employee figures are captured from accounts filed from August 2026 onwards, where the accounts disclose them.

Debt & working capital 2025-02-28

Bank borrowings & overdrafts
£227
Owed by customers
£1,200
Owed to suppliers
£1,252