7 Formation Limited
UnknownCompany number06718528
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
100%Top 3 buyers account for 100% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
85%Largest buyer (MCA - Maritime and Coastguard Agency) represents 85% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowLow risk
0 in 24mo0 contracts due for renewal in next 24 months
New buyer acquisitionMedium risk
1 in 24mo1 new buying relationships in last 24 months
Buyer breakdown7 buyers
Total buyers7
Top 5 concentration100%
Returning buyers6
New buyers (24 mo)1
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£1m
Contracts15
Buyers7
Contract patterns
Avg contract value£77k
Avg duration0yr 2mo
Renewal rate29%
Total contracts15
Awards by year
12023£138k
62024£906k
32025£117k
Procurement route
Direct award