Form-al Group Ltd
- Active
- Small
- 10 years
- 0 employees
- £616,813 (cur assets)
- 1m-15m
- Regular importer
- Irregular exporter
- Real address
- 2 directors
- 3 owners
- Family business
- Woodbridge
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Summary
Form Al Group Ltd, based in Woodbridge, UK, is a small, active company founded nine years ago in December 2015. With eight employees and £604,770 in assets, it’s a family business led by two directors and three owners. The company operates from a real address, sharing space with just one other business. It’s a regular importer, bringing in vehicles, parts, and accessories—a trade it’s been involved in for 26 months, with the most recent import in February 2025. It also exports furniture, lighting, and prefabricated buildings, though less consistently, with just one month of export activity recorded in November 2021.
The company’s website is currently unavailable, making it difficult to ascertain the specifics of its operations beyond the import/export data. It’s likely that Form Al Group Ltd functions as a wholesale distributor, connecting manufacturers with retailers or end-users. The focus on vehicles, parts, and accessories suggests a connection to the automotive industry, while the occasional export of furniture and building materials indicates a broader range of activities.
Financially, Form Al Group Ltd presents a mixed picture. While net assets increased by 16%, rising to £130,000, cash reserves experienced a significant drop of 5200%, plummeting to just £12,000. Bank borrowings decreased by 9.7%, settling at £80,000, and creditors also decreased by 2.6%, falling to £380,000. Trade debtors rose by 30%, reaching £290,000, which could indicate a reliance on customer payments. The company meets the criteria for a small business—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and is exempt from a full audit.
The company’s financial statements, prepared by an unnamed firm, show a decline in some areas, but also improvements in others. The increase in trade debtors suggests a possible need to manage cash flow more effectively. The decrease in cash reserves is concerning, but the company's ability to maintain positive net assets indicates a degree of financial resilience. The lack of an auditor mentioned, typical for small companies, means the figures are unaudited and should be viewed with some caution.
Registered in England/Wales under the registration number 09909846, with a registered address at IP13 6QT, United Kingdom, Woodbridge, Unit 7 Liberator House Clopton Park, Clopton.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 8 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
-
Resident of United Kingdom
-
Individual
- 10 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2025-11-25 with updatesDownload 6 pages pdf report
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Total exemption full accounts made up to 2024-12-31Download 11 pages pdf report
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Confirmation statement made on 2024-11-25 with updatesDownload 6 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Form-al Group Ltd
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