RIGHT FORMULA LTD

Company number 06969725 ·

Active

Net assets, total assets & total liabilities 2015 – 2024

  • Total assets
  • Net assets
  • Total liabilities
-£15m -£10m -£5m £0 £5m £10m £15m £20m £25m 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Total assets 2015: £5,222,836 Total assets 2016: £4,903,737 Total assets 2017: £6,121,735 Total assets 2018: £7,802,408 Total assets 2019: £8,662,411 Total assets 2020: £12,067,834 Total assets 2021: £11,445,546 Total assets 2022: £14,726,026 Total assets 2023: £18,940,953 Total assets 2024: £22,739,356 Total assets Net assets 2015: £4,309,768 Net assets 2016: £4,636,054 Net assets 2017: £5,164,007 Net assets 2018: £6,143,017 Net assets 2019: £6,886,208 Net assets 2020: £7,246,342 Net assets 2021: £7,906,416 Net assets 2022: £6,812,000 Net assets 2023: £7,611,237 Net assets 2024: £9,420,823 Net assets Total liabilities 2015: -£901,353 Total liabilities 2016: -£257,570 Total liabilities 2017: -£940,052 Total liabilities 2018: -£1,725,236 Total liabilities 2019: -£1,833,138 Total liabilities 2020: -£4,839,250 Total liabilities 2021: -£3,518,210 Total liabilities 2022: -£7,882,028 Total liabilities 2023: -£11,278,884 Total liabilities 2024: -£13,280,866 Total liabilities

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

Employees 2023 – 2024

0 10 20 30 40 50 60 70 2023 2024 2023: 65 2024: 70

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

Balance sheet by year 14 years

Latest accounts (2024-12-31): Audited.

Year ending Total assets Total liabilities Net assets Cash Turnover Profit Employees
2024-12-31 £22,739,356 -£13,280,866 £9,420,823 £7,633,399 £29,294,670 £1,997,951 70
2023-12-31 £18,940,953 -£11,278,884 £7,611,237 £5,733,816 £22,831,637 £1,268,487 65
2022-12-31 £14,726,026 -£7,882,028 £6,812,000 £6,087,300 £17,495,292
2021-12-31 £11,445,546 -£3,518,210 £7,906,416 £5,658,234
2020-12-31 £12,067,834 -£4,839,250 £7,246,342 £5,585,604
2019-12-31 £8,662,411 -£1,833,138 £6,886,208 £3,066,688
2018-12-31 £7,802,408 -£1,725,236 £6,143,017 £2,790,539
2017-12-31 £6,121,735 -£940,052 £5,164,007 £2,133,637
2016-12-31 £4,903,737 -£257,570 £4,636,054 £3,655,988
2015-12-31 £5,222,836 -£901,353 £4,309,768 £2,673,466
2014-12-31 £4,868,811 -£2,022,320 £2,844,222 £2,684,180
2013-12-31 £3,139,867 -£1,241,110 £1,898,757 £1,206,261
2012-12-31 £851,410 -£400,020 £574,552
2011-12-31 £335,614 -£108,431 £197,290

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

Profit & loss 2024-12-31

Turnover
£29,294,670
Cost of sales
£20,577,432
Gross profit
£8,717,238
Administrative expenses
£6,473,061
Wages & salaries
£4,059,646
Operating profit
£2,244,177
Profit for the year
£1,997,951
Dividends paid
£188,365
Average employees
70

Debt & working capital 2024-12-31

Bank borrowings & overdrafts
£0
Owed by customers
£2,688,176
Owed to suppliers
£2,198,180