FORMAPLEX GROUP LIMITED
Company Information
- Company Number
- 06411541
- Registered Address
- 2nd Floor Phoenix House, 32 West Street, Brighton, BN1 2RT
- Status
- Liquidation
- Employee Count
- 527
- Turnover
- £62,852,000
- EBITDA
- £2,462,000
Additional Details
- Website
- https://www.formaplex.com/
- Company Type
- Private limited Company
- Incorporated On
- 29 October 2007
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Manufacturing, Road Travel
- Region
- South East
Company Review
Trend Analysis
The average time taken by FORMAPLEX GROUP LIMITED to pay invoices has decreased over the past three periods. In the period from Jul 2017 to Dec 2017, the average time taken to pay invoices was 43.5 days, which decreased to 39.2 days in the period from Jan 2018 to Jun 2018. This further decreased to 36.7 days in the period from Jul 2018 to Dec 2018.
Volatility Analysis
The volatility in the payment trends of FORMAPLEX GROUP LIMITED has reduced over the past three periods. In the period from Jul 2017 to Dec 2017, the percentage of invoices paid within 30 days was 60.0%, which increased to 62.2% in the period from Jan 2018 to Jun 2018. This further increased to 65.4% in the period from Jul 2018 to Dec 2018.
Summary Analysis
In the period from Jul 2017 to Dec 2017, FORMAPLEX GROUP LIMITED took an average of 43.5 days to pay invoices. The percentage of invoices paid within 30 days was 60.0%, while 19.0% of invoices were paid between 31 and 60 days. 21.0% of invoices were paid later than 60 days and 0% of invoices were not paid within agreed terms.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2017 - 31 Dec 2017 | 01 Feb 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
FORMAPLEX GROUP LIMITED is a UK-based engineering and manufacturing company that provides innovative solutions for the aerospace, automotive, medical, and defense industries. The company was founded in 1998 and has since grown to become a leading player in the manufacturing sector.
The company's core services include design, engineering, tooling, and manufacturing of high-quality components and assemblies. They use advanced technology such as 3D printing and robotics to deliver efficient and cost-effective solutions to their clients. The company also offers a range of sustainable products and services, including lightweight and energy-efficient components, to help reduce their environmental impact.
The key people at FORMAPLEX GROUP LIMITED include CEO Michael Last, COO Lee Day, and CFO Mark Wakeham. Their leadership and expertise have been instrumental in the company's success and growth.
In terms of sustainability, FORMAPLEX GROUP LIMITED has a dedicated sustainability program that focuses on reducing their carbon footprint, promoting eco-friendly practices, and ensuring ethical and responsible operations. They have implemented measures to reduce waste, recycle materials, and conserve energy in their facilities.
Customers can contact FORMAPLEX GROUP LIMITED through their website, which also provides detailed information about their products and services. The company's registered office address is at Unit 2, Viking Industrial Estate, Hudson Road, Bedford, MK41 0QB, United Kingdom.
In conclusion, FORMAPLEX GROUP LIMITED is a reputable and innovative company that offers high-quality engineering and manufacturing solutions while also prioritizing sustainability. With a strong leadership team and a commitment to ethical and responsible practices, the company is well-positioned to continue its success in the industry.
