foregain limited
foregain limited Company Information
Company Number
03835662
Next Accounts
Sep 2025
Shareholders
foregain holdings limited
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
unit 2 chesters coddenham road, needham market, ipswich, suffolk, IP6 8NU
Website
http://www.istgrup.comforegain limited Estimated Valuation
Pomanda estimates the enterprise value of FOREGAIN LIMITED at £915.2k based on a Turnover of £1.2m and 0.76x industry multiple (adjusted for size and gross margin).
foregain limited Estimated Valuation
Pomanda estimates the enterprise value of FOREGAIN LIMITED at £0 based on an EBITDA of £-520.5k and a 4.55x industry multiple (adjusted for size and gross margin).
foregain limited Estimated Valuation
Pomanda estimates the enterprise value of FOREGAIN LIMITED at £26.4m based on Net Assets of £10.9m and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Foregain Limited Overview
Foregain Limited is a live company located in ipswich, IP6 8NU with a Companies House number of 03835662. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in September 1999, it's largest shareholder is foregain holdings limited with a 100% stake. Foregain Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Foregain Limited Health Check
Pomanda's financial health check has awarded Foregain Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £1.2m, make it in line with the average company (£1.2m)
- Foregain Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -41%, show it is growing at a slower rate (7.9%)
- Foregain Limited
7.9% - Industry AVG
Production
with a gross margin of 41.7%, this company has a comparable cost of product (41.7%)
- Foregain Limited
41.7% - Industry AVG
Profitability
an operating margin of -43.5% make it less profitable than the average company (6.3%)
- Foregain Limited
6.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (15)
2 - Foregain Limited
15 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
- Foregain Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £598.5k, this is more efficient (£104.2k)
- Foregain Limited
£104.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (31 days)
- Foregain Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (40 days)
- Foregain Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 1570 days, this is more than average (40 days)
- Foregain Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 388 weeks, this is more cash available to meet short term requirements (38 weeks)
388 weeks - Foregain Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.8%, this is a lower level of debt than the average (48.1%)
6.8% - Foregain Limited
48.1% - Industry AVG
FOREGAIN LIMITED financials
Foregain Limited's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of £10.9 million. According to their latest financial statements, Foregain Limited has 2 employees and maintains cash reserves of £5.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 729,084 | 10,284,763 | 7,647,681 | 10,642,085 | 7,365,927 | 7,998,409 | |||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 554,643 | 8,759,050 | 6,030,212 | 8,634,958 | 5,864,592 | 6,291,930 | |||||||||
| Gross Profit | 174,441 | 1,525,713 | 1,617,469 | 2,007,127 | 1,501,335 | 1,706,479 | |||||||||
| Admin Expenses | -37,419 | 804,013 | 662,610 | 782,152 | 505,296 | 624,305 | |||||||||
| Operating Profit | 211,860 | 721,700 | 954,859 | 1,224,975 | 996,039 | 1,082,174 | |||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 30,657 | 121,206 | 93,378 | 41,087 | 87,741 | 31,128 | |||||||||
| Pre-Tax Profit | 1,967,746 | 897,526 | 1,130,708 | 1,314,041 | 1,094,072 | 1,320,537 | |||||||||
| Tax | -61,784 | -199,265 | -260,002 | -348,005 | -277,853 | -287,311 | |||||||||
| Profit After Tax | 1,905,962 | 698,261 | 870,706 | 966,036 | 816,219 | 1,033,226 | |||||||||
| Dividends Paid | 116,677 | 325,200 | 300,000 | 190,000 | 196,000 | 302,000 | |||||||||
| Retained Profit | 1,789,285 | 373,061 | 570,706 | 776,036 | 620,219 | 731,226 | |||||||||
| Employee Costs | 693,520 | 684,371 | 599,253 | 479,698 | 581,331 | ||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 24 | 23 | 23 | 20 | 21 | |||||
| EBITDA* | 228,447 | 765,130 | 995,945 | 1,267,061 | 1,035,249 | 1,120,004 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,737 | 2,316 | 449,587 | 63,495 | 85,525 | 544,994 | 549,647 | 158,784 | |||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 1,105,500 | 1,105,500 | 1,105,500 | 1,538,500 | 433,000 | 433,000 | 433,000 | 433,000 | 433,000 | 400,000 | 400,000 | 400,000 | |||
| Debtors (Due After 1 year) | 634,882 | ||||||||||||||
| Total Fixed Assets | 1,107,237 | 1,107,816 | 1,105,500 | 1,538,500 | 433,000 | 433,000 | 433,000 | 433,000 | 433,000 | 449,587 | 1,098,377 | 485,525 | 544,994 | 549,647 | 558,784 |
| Stock & work in progress | 3,001,017 | 1,869,956 | 1,121,285 | 4,812,764 | 4,012,959 | 4,742,052 | 4,769,526 | 1,725,653 | 369,916 | 354,458 | 541,237 | 266,388 | 266,388 | 432,910 | 432,910 |
| Trade Debtors | 222 | 573,501 | 558,915 | 1,077,355 | 6,406 | 4,490 | 4,102 | 5,101 | 6,805 | 1,451,166 | 1,188,796 | 303,739 | 310,934 | 211,491 | |
| Group Debtors | 1,410,956 | 1,538,370 | 1,092,256 | 581,176 | 530,823 | 917,966 | 4,944,759 | 3,477,419 | 3,651,542 | 621,794 | 634,882 | 317,614 | 171,753 | 13,458 | |
| Misc Debtors | 11,125 | 39,923 | 10,029 | 447,004 | 22,489 | 132,511 | 303,663 | 134,355 | 58,173 | 854,501 | 31,077 | 26,195 | 961,782 | 933,477 | 916,505 |
| Cash | 5,916,219 | 7,169,242 | 9,662,801 | 7,370,049 | 8,886,076 | 7,169,746 | 3,048,805 | 4,002,279 | 3,504,957 | 5,464,634 | 4,992,757 | 5,679,778 | 5,110,451 | 3,441,750 | 4,122,774 |
| misc current assets | 286,322 | 308,098 | 343,766 | 323,839 | 307,349 | 401,082 | 639,108 | 1,621,398 | 1,621,335 | 1,591,815 | 1,742,839 | 2,057,925 | 2,201,293 | 2,659,763 | 1,794,577 |
| total current assets | 10,625,861 | 10,925,589 | 12,803,638 | 14,093,747 | 14,837,051 | 13,369,763 | 13,710,351 | 10,965,206 | 9,211,024 | 8,894,007 | 9,393,958 | 9,536,696 | 9,015,406 | 7,792,292 | 7,478,257 |
| total assets | 11,733,098 | 12,033,405 | 13,909,138 | 15,632,247 | 15,270,051 | 13,802,763 | 14,143,351 | 11,398,206 | 9,644,024 | 9,343,594 | 10,492,335 | 10,022,221 | 9,560,400 | 8,341,939 | 8,037,041 |
| Bank overdraft | 852,575 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 657 | 7,133 | 7,500 | 1,363,600 | 1,383,490 | 163,550 | 52,682 | 216,346 | 10,867 | 538,083 | 312,671 | 182,984 | 178,613 | 217,450 | |
| Group/Directors Accounts | 330,512 | 324,312 | 400,000 | 14,442 | 10,406 | 203,770 | 104,286 | 7,135 | 8,136 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 461,278 | 586,320 | 445,673 | 795,622 | 1,043,577 | 1,117,253 | 1,718,765 | 872,468 | 157,245 | 74,113 | 797,287 | 734,797 | 1,072,853 | 731,950 | 1,007,433 |
| total current liabilities | 792,447 | 917,765 | 853,173 | 2,159,222 | 2,427,067 | 1,280,803 | 2,624,022 | 1,088,814 | 157,245 | 99,422 | 1,345,776 | 1,251,238 | 1,360,123 | 917,698 | 1,233,019 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 4,160 | 1,562 | 1,134 | 16,985 | 17,438 | 18,356 | 18,356 | 18,356 | 18,356 | 4,315 | 1,800 | 1,800 | 1,800 | 1,800 | |
| total long term liabilities | 4,160 | 1,562 | 1,134 | 16,985 | 17,438 | 18,356 | 18,356 | 18,356 | 18,356 | 4,315 | 1,800 | 1,800 | 1,800 | 1,800 | |
| total liabilities | 796,607 | 919,327 | 854,307 | 2,176,207 | 2,444,505 | 1,299,159 | 2,642,378 | 1,107,170 | 175,601 | 99,422 | 1,350,091 | 1,253,038 | 1,361,923 | 919,498 | 1,234,819 |
| net assets | 10,936,491 | 11,114,078 | 13,054,831 | 13,456,040 | 12,825,546 | 12,503,604 | 11,500,973 | 10,291,036 | 9,468,423 | 9,244,172 | 9,142,244 | 8,769,183 | 8,198,477 | 7,422,441 | 6,802,222 |
| total shareholders funds | 10,936,491 | 11,114,078 | 13,054,831 | 13,456,040 | 12,825,546 | 12,503,604 | 11,500,973 | 10,291,036 | 9,468,423 | 9,244,172 | 9,142,244 | 8,769,183 | 8,198,477 | 7,422,441 | 6,802,222 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 211,860 | 721,700 | 954,859 | 1,224,975 | 996,039 | 1,082,174 | |||||||||
| Depreciation | 579 | 579 | 7,062 | 16,587 | 43,430 | 41,086 | 42,086 | 39,210 | 37,830 | ||||||
| Amortisation | |||||||||||||||
| Tax | -61,784 | -199,265 | -260,002 | -348,005 | -277,853 | -287,311 | |||||||||
| Stock | 1,131,061 | 748,671 | -3,691,479 | 799,805 | -729,093 | -27,474 | 3,043,873 | 1,355,737 | 15,458 | -186,779 | 274,849 | -166,522 | 432,910 | ||
| Debtors | -155,990 | -97,493 | 88,691 | -43,572 | 573,784 | -4,196,029 | 1,637,036 | -98,940 | 2,231,716 | -1,268,907 | 1,219,402 | 95,331 | 179,405 | 129,873 | 1,127,996 |
| Creditors | -6,476 | -367 | -1,356,100 | -19,890 | 1,219,940 | 110,868 | -163,664 | 216,346 | -10,867 | -527,216 | 225,412 | 129,687 | 4,371 | -38,837 | 217,450 |
| Accruals and Deferred Income | -125,042 | 140,647 | -349,949 | -247,955 | -73,676 | -601,512 | 846,297 | 715,223 | 83,132 | -723,174 | 62,490 | -338,056 | 340,903 | -275,483 | 1,007,433 |
| Deferred Taxes & Provisions | 2,598 | 428 | -15,851 | -453 | -918 | 18,356 | -4,315 | 2,515 | 1,800 | ||||||
| Cash flow from operations | 367,644 | -637,969 | 432,243 | 1,251,447 | 313,203 | 498,470 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 353,709 | 174,582 | 472,881 | -876,150 | 542,782 | ||||||||||
| Change in Investments | -433,000 | 1,105,500 | 433,000 | -400,000 | 400,000 | -400,000 | 400,000 | ||||||||
| cash flow from investments | 353,709 | -225,418 | 472,881 | -476,150 | 142,782 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 6,200 | -75,688 | 400,000 | -14,442 | 4,036 | -193,364 | 99,484 | 97,151 | -1,001 | 8,136 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 30,657 | 121,206 | 93,378 | 41,087 | 87,741 | 31,128 | |||||||||
| cash flow from financing | -1,652,664 | -72,158 | 192,862 | 138,238 | 86,740 | 6,110,260 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,253,023 | -2,493,559 | 2,292,752 | -1,516,027 | 1,716,330 | 4,120,941 | -953,474 | 497,322 | -1,959,677 | 471,877 | -687,021 | 569,327 | 1,668,701 | -681,024 | 4,122,774 |
| overdraft | -852,575 | 852,575 | |||||||||||||
| change in cash | -1,253,023 | -2,493,559 | 2,292,752 | -1,516,027 | 1,716,330 | 4,973,516 | -1,806,049 | 497,322 | -1,959,677 | 471,877 | -687,021 | 569,327 | 1,668,701 | -681,024 | 4,122,774 |
foregain limited Credit Report and Business Information
Foregain Limited Competitor Analysis
Perform a competitor analysis for foregain limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in IP6 area or any other competitors across 12 key performance metrics.
foregain limited Ownership
FOREGAIN LIMITED group structure
Foregain Limited has no subsidiary companies.
foregain limited directors
Foregain Limited currently has 2 directors. The longest serving directors include Mr Melvyn Walton (Sep 1999) and Mr Simon Cutting (Sep 1999).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Melvyn Walton | United Kingdom | 60 years | Sep 1999 | - | Director |
| Mr Simon Cutting | United Kingdom | 58 years | Sep 1999 | - | Director |
P&L
December 2023turnover
1.2m
+3%
operating profit
-521.1k
0%
gross margin
41.8%
+0.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
10.9m
-0.02%
total assets
11.7m
-0.02%
cash
5.9m
-0.17%
net assets
Total assets minus all liabilities
foregain limited company details
company number
03835662
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
September 1999
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
LB GROUP
auditor
-
address
unit 2 chesters coddenham road, needham market, ipswich, suffolk, IP6 8NU
Bank
-
Legal Advisor
-
foregain 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 found 3 charges/mortgages relating to foregain limited. Currently there are 2 open charges and 1 have been satisfied in the past.
foregain 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.
Click to start generating capital raising & share issue transactions for FOREGAIN LIMITED. This can take several minutes, an email will notify you when this has completed.
foregain limited Companies House Filings - See Documents
| date | description | view/download |
|---|
