Format Graphics Limited

Format Graphics Ltd, based in Milton Keynes, UK, is a small, active company founded 12 years ago in 2012. With 16 employees and £1,449,220 in assets, it operates from a virtual address—a fact highlighted by fifteen other companies registered at the same location. The company, led by a single director and owner, David Ogle Richard, has a stellar 5.0 Google rating from 14 reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded two months ago in December 2023.

The company’s website is not available, so it’s difficult to ascertain exactly what services they offer beyond the broad category of printing. It’s likely they serve local businesses with printing needs, but without more information, it’s hard to say.

Financially, Format Graphics Ltd shows a mixed picture. Current assets have decreased by 0.37% to £1,400,000, while net assets increased by 3.3% to £1,400,000. Bank borrowings have decreased by -57%, which is a positive sign, and cash reserves have increased by 2.8% to £390,000. Creditors have decreased by -33%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s retained earnings accumulated losses increased by 3.3% to £1,400,000.

The increase in retained earnings is a good sign, but the decrease in current assets could indicate a slowdown in sales or increased inventory levels. The company's financial statements are unaudited, so there's no independent verification of the numbers. The company is likely exempt from an audit due to its size. Overall, Format Graphics Ltd appears to be financially stable, but it’s important to monitor its performance closely in the coming months.

Registered in England/Wales under the registration number 08273487, with a registered address at MK19 6AN, Milton Keynes, Buckinghamshire, 15 Towcester Road, Old Stratford.

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