Formaplex provides world-class manufacturing solutions. As a Tier 1 supplier to low‐medium volume automotive customers, including demanding prestige brands and sports cars, we provide integrated services including design support and advice, manufacture tooling, and supply injection moulded plastic components and composite components to meet time critical delivery schedules. With our extensive capabilities and very experienced team at Formaplex, we are a preferred supplier for the design and manufacture of injection-mould tooling for key Tier 1 companies supporting the high volume automotive industry throughout Europe. Formaplex has enjoyed working with the F1, Motorsport and aerospace industries since our foundation in 2001. As a very experienced and dependable supplier, we operate 24/7 to provide the manufacture of master patterns, components, tooling for composite part manufacture, and finish machined composite parts inline with the high‐tech requirements demanded from these industries. Our “can‐do” flexible attitude and extensive resources enables us to deliver, design and offer manufacturing support to special projects.
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Employee Rating

2.4More
TypePrivate
HQPortsmouth, GB
Founded2001
Size (employees)217 (est)
Websiteformaplex.com
Formaplex was founded in 2001 and is headquartered in Portsmouth, GB
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Formaplex Office Locations

Formaplex has offices in Portsmouth, Havant and Hampshire
Portsmouth, GB (HQ)
Access Point Northarbour Rd
Hampshire, GB
Hazleton Interchange Lakesmere Rd
Havant, GB
Downley Rd
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Formaplex Financials and Metrics

Summary Metrics

Founding Date

2001

Formaplex Revenue

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Formaplex's revenue was reported to be £61.63 m in FY, 2017
GBP

Revenue (FY, 2017)

61.6m

Gross profit (FY, 2017)

19.0m

Gross profit margin (FY, 2017), %

30.8%

Net income (FY, 2017)

(3.6m)

EBITDA (FY, 2017)

703.0k

EBIT (FY, 2017)

(3.2m)

Cash (30-Jun-2017)

4.1m
GBPFY, 2002FY, 2003FY, 2004FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

850.9k1.6m2.5m6.3m8.1m9.3m13.1m16.9m26.7m33.2m38.7m44.8m40.5m61.6m

Revenue growth, %

17%16%

Cost of goods sold

467.0k813.6k1.1m2.1m2.6m3.7m6.4m10.1m16.2m19.7m24.3m29.4m27.4m42.6m

Gross profit

384.0k754.4k1.4m4.2m5.4m5.5m6.7m6.8m10.5m13.5m14.5m15.4m13.1m19.0m
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

54.8k8.7k243.8k627.9k625.8k448.9k571.8k380.6k1.1m384.2k390.6k814.2k965.0k2.9m3.5m4.1m

Accounts Receivable

210.5k463.3k696.3k1.1m1.8m1.9m4.8m5.8m12.3m15.7m21.8m11.1m11.9m19.4m

Inventories

5.0k18.0k20.1k25.1k30.1k51.6k238.0k40.9k82.2k263.2k489.9k574.2k897.5k1.4m12.9m16.4m

Current Assets

274.6k503.0k971.6k1.4m1.7m1.7m3.2m5.2m10.1m14.3m18.5m23.8m31.4m37.8m41.0m52.3m
GBPFY, 2002FY, 2003FY, 2004FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

204.0k332.0k556.0k1.3m2.0m2.3m3.6m1.9m4.6m5.4m4.5m3.8m(444.0k)(3.6m)

Cash From Operating Activities

2.1m2.2m

Dividends Paid

16.0k142.0k872.0k1.3m500.0k

Cash From Financing Activities

(478.2k)216.0k
GBPY, 2017

Revenue/Employee

469.1k

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

3.2 x
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Formaplex Online and Social Media Presence

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Formaplex Company Life and Culture

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Formaplex Frequently Asked Questions

  • When was Formaplex founded?

    Formaplex was founded in 2001.

  • How many employees does Formaplex have?

    Formaplex has 217 employees.

  • What is Formaplex revenue?

    Latest Formaplex annual revenue is £61.6 m.

  • What is Formaplex revenue per employee?

    Latest Formaplex revenue per employee is £284 k.

  • Who are Formaplex competitors?

    Competitors of Formaplex include Royce Industries, Specialty Plastics Fabrications and XC Associates.

  • Where is Formaplex headquarters?

    Formaplex headquarters is located at Access Point Northarbour Rd, Portsmouth.

  • Where are Formaplex offices?

    Formaplex has offices in Portsmouth, Havant and Hampshire.

  • How many offices does Formaplex have?

    Formaplex has 3 offices.