The Formwork Factory Limited

The Formwork Factory Limited, based in Kings Langley, UK, is a small, active company founded two years ago in January 2023. With three employees and £201,976 in assets, it operates from a real address and is led by one director and owner, Maccearain Cathal. The company enjoys a perfect 5.0 Google rating from one review. It’s a regular importer of iron or steel products, with three months of import activity recorded, the last operation made on September 2024.

The company specializes in the manufacture of metal structures and parts of structures, operating within the construction industry. It's a small company, meeting two of three criteria: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website, while not fully developed, suggests a focus on concrete contractor services, particularly in South Ockendon, England. It appears to be a private limited company, and it’s a family-run business.

Financially, The Formwork Factory Limited’s picture is mixed. Cash bank on hand remains steady at £90,000, but creditors have remained constant at £200,000. Trade debtors are also steady at £110,000. Net assets and liabilities are steady at £790. While the company’s cash reserves are healthy, the high level of creditors suggests a reliance on credit. Recoverable value tax is steady at £19,000. The company’s small size allows for agility, but the consistent debt levels could be a point of concern. The accounts are unaudited, which is typical for small companies. It’s possible the company is reinvesting heavily in its operations, but further analysis would be needed to confirm this.

Registered in England/Wales under the registration number 14587956, with a registered address at WD4 9JB, England, Kings Langley, Sas House, Chipperfield Road.

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