fortisway limited
fortisway limited Company Information
Company Number
03160244
Next Accounts
Dec 2025
Directors
Shareholders
michael graham huntriss
emmaclare huntriss
View AllGroup Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
2 cedar park cedar park, vicars cross, chester, CH3 5PW
Website
-fortisway limited Estimated Valuation
Pomanda estimates the enterprise value of FORTISWAY LIMITED at £73.7k based on a Turnover of £133.4k and 0.55x industry multiple (adjusted for size and gross margin).
fortisway limited Estimated Valuation
Pomanda estimates the enterprise value of FORTISWAY LIMITED at £0 based on an EBITDA of £-9k and a 3.98x industry multiple (adjusted for size and gross margin).
fortisway limited Estimated Valuation
Pomanda estimates the enterprise value of FORTISWAY LIMITED at £0 based on Net Assets of £-31.5k and 2.3x industry multiple (adjusted for liquidity).
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Fortisway Limited Overview
Fortisway Limited is a live company located in chester, CH3 5PW with a Companies House number of 03160244. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 1996, it's largest shareholder is michael graham huntriss with a 34% stake. Fortisway Limited is a mature, micro sized company, Pomanda has estimated its turnover at £133.4k with rapid growth in recent years.
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Fortisway Limited Health Check
Pomanda's financial health check has awarded Fortisway Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £133.4k, make it smaller than the average company (£3.7m)
- Fortisway Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (8.3%)
- Fortisway Limited
8.3% - Industry AVG
Production
with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)
- Fortisway Limited
37.9% - Industry AVG
Profitability
an operating margin of -6.8% make it less profitable than the average company (5.7%)
- Fortisway Limited
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (22)
2 - Fortisway Limited
22 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
- Fortisway Limited
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £66.7k, this is less efficient (£146.3k)
- Fortisway Limited
£146.3k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (36 days)
- Fortisway Limited
36 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Fortisway Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fortisway Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is average cash available to meet short term requirements (27 weeks)
21 weeks - Fortisway Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 227.3%, this is a higher level of debt than the average (58.7%)
227.3% - Fortisway Limited
58.7% - Industry AVG
FORTISWAY LIMITED financials
Fortisway Limited's latest turnover from March 2024 is estimated at £133.4 thousand and the company has net assets of -£31.5 thousand. According to their latest financial statements, Fortisway Limited has 2 employees and maintains cash reserves of £23.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 1 | 1 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 219 | 447 | 670 | 1 | 1 | 355 | 532 | ||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 219 | 447 | 670 | 1 | 1 | 355 | 532 | ||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,200 | 2,500 | 1,500 | 850 | 4,950 | 7,750 | 3,000 | 1,631 | 4,055 | 4,640 | 2,258 | ||||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 23,558 | 18,569 | 10,763 | 24,773 | 14,826 | 11,407 | 11,842 | 12,951 | 4,245 | 725 | 1,475 | 8,953 | 17,933 | 33,044 | 10,203 |
| misc current assets | 140 | ||||||||||||||
| total current assets | 24,758 | 21,069 | 12,263 | 25,623 | 19,776 | 19,157 | 14,842 | 12,951 | 4,245 | 865 | 1,475 | 10,584 | 21,988 | 37,684 | 12,461 |
| total assets | 24,758 | 21,069 | 12,263 | 25,623 | 19,776 | 19,157 | 14,842 | 13,170 | 4,692 | 1,535 | 1,476 | 10,585 | 22,343 | 38,216 | 12,461 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 60,597 | 10,231 | 34,150 | 51,176 | 82,176 | 64,454 | |||||||||
| Group/Directors Accounts | 56,100 | 42,393 | 36,619 | 43,719 | 44,176 | 40,896 | 48,542 | 59,078 | 65,782 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 180 | 2,259 | 1,245 | 7,860 | 198 | 180 | 180 | 342 | 1,080 | ||||||
| total current liabilities | 56,280 | 44,652 | 37,864 | 51,579 | 44,374 | 41,076 | 48,722 | 59,420 | 66,862 | 60,597 | 10,231 | 34,150 | 51,176 | 82,176 | 64,454 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 56,280 | 44,652 | 37,864 | 51,579 | 44,374 | 41,076 | 48,722 | 59,420 | 66,862 | 60,597 | 10,231 | 34,150 | 51,176 | 82,176 | 64,454 |
| net assets | -31,522 | -23,583 | -25,601 | -25,956 | -24,598 | -21,919 | -33,880 | -46,250 | -62,170 | -59,062 | -8,755 | -23,565 | -28,833 | -43,960 | -51,993 |
| total shareholders funds | -31,522 | -23,583 | -25,601 | -25,956 | -24,598 | -21,919 | -33,880 | -46,250 | -62,170 | -59,062 | -8,755 | -23,565 | -28,833 | -43,960 | -51,993 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 219 | 228 | 223 | 223 | 354 | 177 | 177 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -1,300 | 1,000 | 650 | -4,100 | -2,800 | 4,750 | 3,000 | -1,631 | -2,424 | -585 | 2,382 | 2,258 | |||
| Creditors | -60,597 | 50,366 | -23,919 | -17,026 | -31,000 | 17,722 | 64,454 | ||||||||
| Accruals and Deferred Income | -2,079 | 1,014 | -6,615 | 7,662 | 18 | -162 | -738 | 1,080 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 13,707 | 5,774 | -7,100 | -457 | 3,280 | -7,646 | -10,536 | -6,704 | 65,782 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 4,989 | 7,806 | -14,010 | 9,947 | 3,419 | -435 | -1,109 | 8,706 | 3,520 | -750 | -7,478 | -8,980 | -15,111 | 22,841 | 10,203 |
| overdraft | |||||||||||||||
| change in cash | 4,989 | 7,806 | -14,010 | 9,947 | 3,419 | -435 | -1,109 | 8,706 | 3,520 | -750 | -7,478 | -8,980 | -15,111 | 22,841 | 10,203 |
fortisway limited Credit Report and Business Information
Fortisway Limited Competitor Analysis
Perform a competitor analysis for fortisway limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CH3 area or any other competitors across 12 key performance metrics.
fortisway limited Ownership
FORTISWAY LIMITED group structure
Fortisway Limited has no subsidiary companies.
Ultimate parent company
FORTISWAY LIMITED
03160244
fortisway limited directors
Fortisway Limited currently has 1 director, Mr Michael Huntriss serving since Mar 1996.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Huntriss | United Kingdom | 76 years | Mar 1996 | - | Director |
P&L
March 2024turnover
133.4k
+80%
operating profit
-9k
0%
gross margin
37.9%
-1.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-31.5k
+0.34%
total assets
24.8k
+0.18%
cash
23.6k
+0.27%
net assets
Total assets minus all liabilities
fortisway limited company details
company number
03160244
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 1996
age
29
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
MEACHER JONES
auditor
-
address
2 cedar park cedar park, vicars cross, chester, CH3 5PW
Bank
-
Legal Advisor
-
fortisway limited Charges & Mortgages
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 did not find charges/mortgages relating to fortisway limited.
fortisway 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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fortisway limited Companies House Filings - See Documents
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