FORMATION DESIGN & BUILD LIMITED

1. FORMATION DESIGN & BUILD LIMITED 2007-11-02 → present
2. COLUMBIA DESIGN & BUILD LIMITED 2000-08-11 → 2007-11-02
3. STUDYSPACE LIMITED 1998-03-30 → 2000-08-11

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Hillier Hopkins LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

• “The year under review represents a milestone year for Formation Design & Build. The business has achieved a step change in scale, capability and market position, delivering a set of results that firmly position Formation as a successful and resilient contractor.”
• “The year included delivery and progression of several landmark schemes that highlight Formation's growing technical capability and delivery strength: ARD Scheme - One of the largest Passive House residential schemes in the UK. The project is forecast to be delivered approximately six months ahead of programme, demonstrating exceptional planning, coordination and execution on a complex, sustainability led development.”
• “Remington Road and Palliser Road - Both schemes represent major achievements for the business and were recognised through Inside Housing Development Awards, reinforcing Formation's reputation for quality and innovation in residential delivery.”
• “Bancroft & Wickford This project was awarded Housing Project of the Year, further validating the company's focus on design quality, build excellence and stakeholder collaboration.”
• “On 29 September 2025, the directors declared an interim dividend of £3,000,000 and on 26 November 2025, the directors declared a further interim dividend of £1,000,000, payable to Formation D&B Holdings Limited. These dividends were declared after the reporting date and therefore do not meet the criteria for recognition as liabilities at the balance sheet date. In line with FRS 102 Section 32.9, they are treated as non-adjusting events and disclosed for information only.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +14.6%

  £108,068,501 → £123,894,527

  highest in 6 filed years

• Cash

  -3%

  £17,289,055 → £16,773,473

• Net assets

  +68.1%

  £10,996,873 → £18,487,719

  highest in 6 filed years

• Employees

  -13.8%

  29 → 25

• Operating profit

  +87.1%

  £4,955,753 → £9,272,792

  highest in 6 filed years

• Profit before tax

  +87.4%

  £5,170,153 → £9,686,416

  highest in 6 filed years

• Wages

  -24.7%

  £2,577,519 → £1,939,772

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers