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Formation Group PLC

 
Hoover's Profile: Formation Group PLC
 
(London AIM:FRM)
Contact Information
Formation Group PLC
2 Hollins House, 329 Hale Rd.
Hale Barns, Cheshire WA15 8TS, United Kingdom
Tel. +44-161-980-1210
Fax +44-161-980-0791

Type: Public
On the web: http://www.formationgroupplc.com
Employees: 69
Employee growth: (26.6%)

Formation Group has transformed its business from a sports management and marketing firm to football (soccer) players and teams to a provider of professional services to wealthy individuals and groups within the sports, entertainment, and property sectors. Activities include wealth management, accounting and tax services, and sports representation in the UK and US through its Proactive Sports Management division. Formation Design & Build (formerly Columbia Design & Build), acquired in mid-2007, marked the group's entry into the field of real estate development and investment. Formation Group exited the sporting marketing business, which had accounted for more than 40% of the firm's revenue, in 2006.

Key numbers for fiscal year ending August, 2008:
Sales: $63.6M
One year growth: 183.6%
Net income: $4.9M
Income growth: (57.0%)

Officers:
Chairman: John Lawrence
Chief Executive and Director: Neil Rodford
Finance Director, Director, and Company Secretary: Mark Page

Competitors:
CSS Stellar
Ernst & Young Global
Premier Management

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