FORMAPLEX MACHINING LIMITED

Company Information

Company Number
06411477
Registered Address
2nd Floor Phoenix House, 32 West Street, Brighton, BN1 2RT
Status
Liquidation
Employee Count
0
Turnover
Coming Soon
EBITDA
-£3,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 October 2007
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
South East

Company Review

Trend Analysis

There has been a general increase in the average time taken for FORMAPLEX MACHINING LIMITED to pay their invoices over the past three periods. There was a decrease in the percentage of invoices paid within 30 days in 2018, followed by a slight increase in 2019. However, there has been a consistent increase in the percentage of invoices paid between 31 and 60 days and those paid later than 60 days. There was also a significant increase in the percentage of invoices not paid within agreed terms in 2019 compared to the previous two periods.

Volatility Analysis

The volatility in the average time taken to pay invoices has been relatively low, with only a slight increase in 2019. However, there has been a significant increase in the volatility of the percentage of invoices paid within 30 days and those paid later than 60 days in 2019 compared to the previous two periods. There has also been an increase in the volatility of the percentage of invoices not paid within agreed terms in 2019.

Performance Reports History

Reporting Period Filed: 2018-02-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2017 - 31 Dec 201701 Feb 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

FORMAPLEX MACHINING LIMITED is a UK-based company that specializes in precision engineering and manufacturing solutions for various industries such as aerospace, automotive, and defense. The company was founded in 2001 and has since become a leader in the industry, providing high-quality products and services to its clients.

The company's sustainability program is an integral part of its operations, with a focus on reducing waste, energy consumption, and emissions. FORMAPLEX MACHINING LIMITED has implemented various measures to achieve its sustainability goals, such as using eco-friendly materials and investing in renewable energy sources.

One of the company's key products is its precision machined components, which are produced using advanced CNC machining techniques. These components are used in a wide range of applications, from small electronic devices to large aircraft parts. The company also offers engineering and design services to help clients develop custom solutions for their specific needs.

FORMAPLEX MACHINING LIMITED has a team of highly skilled engineers and technicians who are dedicated to delivering quality products and services to their clients. They are led by the company's Managing Director, Mike Bryant, who has over 30 years of experience in the engineering industry.

The company's website (www.formaplex.com) provides detailed information about its products, services, and capabilities. It also includes a contact form for inquiries and a list of their contact details. The registered office address for FORMAPLEX MACHINING LIMITED is Unit 2 - 4, Brunel Gate, West Portway Industrial Estate, Andover, Hampshire SP10 3SL, United Kingdom.

In summary, FORMAPLEX MACHINING LIMITED is a leading precision engineering company in the UK, known for its high-quality products and commitment to sustainability. With a team of experienced professionals and a wide range of services, the company continues to provide innovative solutions to its clients in various industries.

Financial Metrics

Cash
£0
Net Worth
-£5,640,406
Total Current Assets
£1,337,974
Total Current Liabilities
£1,097,529

Company Location