Form Rsrch Ltd

Form Rsrch Ltd from Salford UK is a small, active company founded three years ago. It's a solo founder operation with one employee and £2,235 in assets, operating from a real address in the West Link Business Park. The company is led by a single director and owner, Masood Ahsan, and runs an e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company operates in the retail sale via mail order houses or via internet industries. It was previously known as Form Pieces Ltd. The website is currently unavailable, making it difficult to determine the exact nature of their e-commerce activities.

Financially, Form Rsrch Ltd presents a mixed picture. While cash bank on hand increased by a significant 230%, rising to £1,100, net assets liabilities remain substantial at -£2,300. Creditors have increased by 90% to £4,500, and loans from directors have nearly doubled to £4,500. Current assets have risen by 86% to £2,200, but the continued negative equity suggests the company is burning through money. It’s likely that the company is not profitable, and the director is providing financial support. The accounts are filleted and unaudited, and no auditor is mentioned. The company’s small size allows it to remain agile, but the negative equity is a concern.

Registered in England/Wales under the registration number 13911558, with a registered address at M50 1DE, England, Salford, Unit 15 West Link Business Park, James Corbett Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.