FORMULA MOTORSPORT LIMITED
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Cash
£872
EUR 1,000
-47.4% lowest in 3 filed years
Net assets
£7.5m
EUR 8,647,000
-85.9% lowest in 3 filed years
Employees
1
0% vs 2024
Profit before tax
£14m
EUR 16,566,000
-34.2% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £56,323,287 | £66,928,500 | £71,899,529 | +7.4% | |
| Operating profit | £15,718,753 | £21,476,443 | £13,478,981 | -37.2% | |
| Profit before tax | £16,135,673 | £21,940,942 | £14,447,933 | -34.2% | |
| Net profit | £12,287,849 | £16,456,536 | £11,441,654 | -30.5% | |
| Cash | £1,737 | £1,659 | £872 | -47.4% | |
| Total assets less current liabilities | £38,759,663 | £53,457,200 | £7,557,998 | -85.9% | |
| Net assets | £38,712,759 | £53,425,680 | £7,541,427 | -85.9% | |
| Equity | £38,712,759 | £53,425,680 | £7,541,427 | -85.9% | |
| Average employees | 4 | 1 | 1 | 0% | |
| Wages | £665,335 | £190,776 | £213,675 | +12% | |
| Directors' remuneration | — | — | — | — |
Figures converted to GBP from EUR at 0.872 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 27.9% | 32.1% | 18.7% | |
| Net margin | 21.8% | 24.6% | 15.9% | |
| Return on capital employed | 40.6% | 40.2% | 178.3% | |
| Gearing (liabilities / total assets) | 40.2% | 33.2% | 75.7% | |
| Current ratio | 2.49x | 3.01x | 1.32x |
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.
Name history
Renamed 4 times since incorporation
- FORMULA MOTORSPORT LIMITED 2017-03-15 → present
- GP2 MOTORSPORT LIMITED 2005-01-19 → 2017-03-15
- GRAND PRIX 2 MOTORSPORT LIMITED 2004-01-21 → 2005-01-19
- F2 MOTORSPORT LIMITED 2004-01-12 → 2004-01-21
- F2 MOTORSPORTS LIMITED 2003-12-18 → 2004-01-12
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the company or to cease its operations, and as they have concluded that the company's financial position means that this is realistic.”
Significant events
- “On 3 December 2025, the company declared and paid a dividend of €68.9m to its immediate parent company Delta Topco (2024- €Nil).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BABIKER, Adam | Director | 2025-02-20 | Feb 1980 | British |
| LLOWARCH, Duncan Francis | Director | 2007-08-31 | Apr 1968 | British |
| MICHEL, Bruno Thierry Sebastien | Director | 2004-10-13 | Apr 1961 | French |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LLOWARCH, Duncan Francis | Secretary | 2007-08-31 | 2018-08-22 |
| TAMOSIUS, Alwin Martin | Secretary | 2003-12-18 | 2006-05-24 |
| M W DOUGLAS AND COMPANY LIMITED | Corporate Secretary | 2006-05-24 | 2007-08-31 |
| PROSPECT SECRETARIES LTD | Corporate Secretary | 2003-12-18 | 2004-06-23 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-12-18 | 2003-12-18 |
| ANTHONY, Laurence | Director | 2024-09-17 | 2025-02-22 |
| CLARRY, Nicholas James | Director | 2007-08-31 | 2017-01-23 |
| ELLIOTT, Amanda | Director | 2003-12-18 | 2007-08-31 |
| MICHEL, Bruno Thierry Sebastien | Director | 2003-12-18 | 2004-08-17 |
| WOODWARD HILL, Sacha Jane | Director | 2015-03-23 | 2024-09-19 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 2003-12-18 | 2003-12-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Liberty Gr Holding Company Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-04-02 | Active |
| Liberty Gr Acquisition Company Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-01-23 | Ceased 2024-04-02 |
Filing timeline
Last 20 of 115 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | AA | accounts | Accounts with accounts type full | |
| 2025-12-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-02-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-25 | AA | accounts | Accounts with accounts type full | |
| 2024-04-08 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-04-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2022-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-20 | AA | accounts | Accounts with accounts type full | |
| 2021-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-27 | AA | accounts | Accounts with accounts type full | |
| 2020-12-21 | AA | accounts | Accounts with accounts type full | |
| 2020-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.