Pomanda estimates the enterprise value of H. & J. FORBES LIMITED at £363.6k based on a Turnover of £1.4m and 0.27x industry multiple (adjusted for size and gross margin).
h. & j. forbes limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of H. & J. FORBES LIMITED at £0 based on an EBITDA of £-390.7k and a 2.59x industry multiple (adjusted for size and gross margin).
h. & j. forbes limitedEstimated Valuation
£745.7k
Pomanda estimates the enterprise value of H. & J. FORBES LIMITED at £745.7k based on Net Assets of £470.8k and 1.58x industry multiple (adjusted for liquidity).
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H. & J. Forbes LimitedOverview
H. & J. Forbes Limited is a live company located in stockton on tees, TS15 9AE with a Companies House number of 01985539. It operates in the manufacture of office and shop furniture sector, SIC Code 31010. Founded in February 1986, it's largest shareholder is
ian forbes
with a 50% stake. H. & J. Forbes Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.4m with
unknown
growth in recent years.
Pomanda's financial health check has awarded H. & J. Forbes Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£8.1m)
£1.4m - H. & J. Forbes Limited
£8.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - H. & J. Forbes Limited
- - Industry AVG
Production
with a gross margin of 21.1%, this company has a higher cost of product (30.2%)
21.1% - H. & J. Forbes Limited
30.2% - Industry AVG
Profitability
an operating margin of -30.7% make it less profitable than the average company (2.2%)
-30.7% - H. & J. Forbes Limited
2.2% - Industry AVG
Employees
with 8 employees, this is below the industry average (83)
8 - H. & J. Forbes Limited
83 - Industry AVG
Pay Structure
on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)
£31.5k - H. & J. Forbes Limited
£31.5k - Industry AVG
Efficiency
resulting in sales per employee of £169.6k, this is more efficient (£121.6k)
£169.6k - H. & J. Forbes Limited
£121.6k - Industry AVG
Debtor Days
it gets paid by customers after 125 days, this is later than average (58 days)
125 days - H. & J. Forbes Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (52 days)
98 days - H. & J. Forbes Limited
52 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (32 days)
9 days - H. & J. Forbes Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 38 weeks, this is more cash available to meet short term requirements (9 weeks)
38 weeks - H. & J. Forbes Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.9%, this is a lower level of debt than the average (63.6%)
38.9% - H. & J. Forbes Limited
63.6% - Industry AVG
H. & J. FORBES LIMITED financials
EXPORT
H. & J. Forbes Limited's latest turnover from September 2011 is estimated at £1.4 million and the company has net assets of £470.8 thousand. According to their latest financial statements, we estimate that H. & J. Forbes Limited has 8 employees and maintains cash reserves of £213.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2011
Sep 2010
Sep 2009
Turnover
1,356,556
1,217,189
Other Income Or Grants
Cost Of Sales
1,070,765
918,118
Gross Profit
285,791
299,071
Admin Expenses
702,597
444,429
-1,422,001
Operating Profit
-416,806
-145,358
1,422,001
Interest Payable
Interest Receivable
2,005
3,590
2,118
Pre-Tax Profit
-414,801
-141,768
1,424,119
Tax
-398,753
Profit After Tax
-414,801
-141,768
1,025,366
Dividends Paid
Retained Profit
-414,801
-141,768
1,025,366
Employee Costs
252,188
250,981
Number Of Employees
8
8
EBITDA*
-390,698
-116,778
1,455,824
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
61,748
73,025
86,602
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
61,748
73,025
86,602
Stock & work in progress
27,963
124,373
13,400
Trade Debtors
467,208
343,994
463,462
Group Debtors
Misc Debtors
Cash
213,553
588,545
847,327
misc current assets
total current assets
708,724
1,056,912
1,324,189
total assets
770,472
1,129,937
1,410,791
Bank overdraft
Bank loan
Trade Creditors
289,823
234,589
377,892
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
289,823
234,589
377,892
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
9,852
9,750
4,953
provisions
580
total long term liabilities
9,852
9,750
5,533
total liabilities
299,675
244,339
383,425
net assets
470,797
885,598
1,027,366
total shareholders funds
470,797
885,598
1,027,366
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
-416,806
-145,358
1,422,001
Depreciation
26,108
28,580
33,823
Amortisation
Tax
-398,753
Stock
-96,410
110,973
13,400
Debtors
123,214
-119,468
463,462
Creditors
55,234
-143,303
377,892
Accruals and Deferred Income
Deferred Taxes & Provisions
-580
580
Cash flow from operations
-362,268
-252,166
958,681
Investing Activities
capital expenditure
-14,831
-15,003
-120,425
Change in Investments
cash flow from investments
-14,831
-15,003
-120,425
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
102
4,797
4,953
share issue
2,000
interest
2,005
3,590
2,118
cash flow from financing
2,107
8,387
9,071
cash and cash equivalents
cash
-374,992
-258,782
847,327
overdraft
change in cash
-374,992
-258,782
847,327
h. & j. forbes limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for h. & j. forbes limited. Get real-time insights into h. & j. forbes limited's credit score, group structure and payment trends.
Perform a competitor analysis for h. & j. forbes limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in TS15 area or any other competitors across 12 key performance metrics.
h. & j. forbes limited Ownership
H. & J. FORBES LIMITED group structure
H. & J. Forbes Limited has no subsidiary companies.
Ultimate parent company
H. & J. FORBES LIMITED
01985539
H. & J. FORBES LIMITED Shareholders
The largest shareholders in H. & J. Forbes Limited include Ian Forbes and Stephen Forbes.
ian forbes
50%
stephen forbes
50%
h. & j. forbes limited directors
H. & J. Forbes Limited currently has 2 directors.
The longest serving directors include
Mr Stephen Forbes (Sep 1991) and
Mr Ian Forbes (Sep 1991).
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to h. & j. forbes limited. Currently there are 1 open charges and 0 have been satisfied in the past.
h. & j. forbes limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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h. & j. forbes limitedCompanies House Filings - See Documents
