FORMAD MOTOR LTD

Company number 16023720 · Active

FORMAD MOTOR LTD is a private limited company registered in BIRMINGHAM, United Kingdom, incorporated on 17 Oct 2024. Its registered activity is sale of used cars and light motor vehicles. Its latest published accounts for the period ending 31 Oct 2025 show equity of £10. It has filed 1 set of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Region1.6×B · 0.19 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent
Industry1.3×45 · 0.15 % became insolvent
Negative equity1.2×0 · 0.14 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Accounts type0.1×dormant · 0.01 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
16023720 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
17 Oct 2024 (2 years)
Registered address
B18 5AY BIRMINGHAM
Postcode area
Birmingham
Activity
45112 Sale of used cars and light motor vehicles
Industry
Wholesale and retail trade of motor vehicles
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202515 Mar 2026– –£10– –£10–

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Birmingham

Questions about FORMAD MOTOR LTD

What is the company number of FORMAD MOTOR LTD?

FORMAD MOTOR LTD is registered under company number 16023720 in the official register of United Kingdom. View it at the official register.

Is FORMAD MOTOR LTD still active?

Yes. FORMAD MOTOR LTD is registered as active (status: Active).

Has FORMAD MOTOR LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for FORMAD MOTOR LTD in the official data.

How likely is FORMAD MOTOR LTD to become insolvent?

Our model estimates a 0.00 % probability that FORMAD MOTOR LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was FORMAD MOTOR LTD founded?

FORMAD MOTOR LTD was incorporated on 17 Oct 2024.

Where is FORMAD MOTOR LTD registered?

FORMAD MOTOR LTD's registered address is in B18 5AY BIRMINGHAM (Birmingham), United Kingdom.

What do the latest accounts of FORMAD MOTOR LTD show?

The latest published accounts (period ending 31 Oct 2025) show equity of £10.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.