forwardbreak limited
forwardbreak limited Company Information
Company Number
03962100
Website
-Registered Address
102 oldham street, manchester, lancashire, M4 1LJ
Industry
Other business support service activities n.e.c.
Public houses and bars
Telephone
01612369805
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
jessica anne toomey 99.9%
katina maria perkin 0.1%
forwardbreak limited Estimated Valuation
Pomanda estimates the enterprise value of FORWARDBREAK LIMITED at £382k based on a Turnover of £664.3k and 0.57x industry multiple (adjusted for size and gross margin).
forwardbreak limited Estimated Valuation
Pomanda estimates the enterprise value of FORWARDBREAK LIMITED at £247.1k based on an EBITDA of £56.2k and a 4.4x industry multiple (adjusted for size and gross margin).
forwardbreak limited Estimated Valuation
Pomanda estimates the enterprise value of FORWARDBREAK LIMITED at £833.2k based on Net Assets of £377.9k and 2.21x industry multiple (adjusted for liquidity).
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Forwardbreak Limited Overview
Forwardbreak Limited is a live company located in lancashire, M4 1LJ with a Companies House number of 03962100. It operates in the public houses and bars sector, SIC Code 56302. Founded in March 2000, it's largest shareholder is jessica anne toomey with a 99.9% stake. Forwardbreak Limited is a mature, small sized company, Pomanda has estimated its turnover at £664.3k with rapid growth in recent years.
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Forwardbreak Limited Health Check
Pomanda's financial health check has awarded Forwardbreak Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £664.3k, make it smaller than the average company (£1.8m)
- Forwardbreak Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (2.2%)
- Forwardbreak Limited
2.2% - Industry AVG
Production
with a gross margin of 47.9%, this company has a comparable cost of product (47.9%)
- Forwardbreak Limited
47.9% - Industry AVG
Profitability
an operating margin of 8.4% make it more profitable than the average company (6.6%)
- Forwardbreak Limited
6.6% - Industry AVG
Employees
with 10 employees, this is below the industry average (16)
- Forwardbreak Limited
16 - Industry AVG
Pay Structure
on an average salary of £30.3k, the company has an equivalent pay structure (£30.3k)
- Forwardbreak Limited
£30.3k - Industry AVG
Efficiency
resulting in sales per employee of £66.4k, this is less efficient (£94.9k)
- Forwardbreak Limited
£94.9k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (26 days)
- Forwardbreak Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is quicker than average (42 days)
- Forwardbreak Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Forwardbreak Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (22 weeks)
2 weeks - Forwardbreak Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.1%, this is a similar level of debt than the average (72.2%)
67.1% - Forwardbreak Limited
72.2% - Industry AVG
FORWARDBREAK LIMITED financials
Forwardbreak Limited's latest turnover from February 2023 is estimated at £664.3 thousand and the company has net assets of £377.9 thousand. According to their latest financial statements, we estimate that Forwardbreak Limited has 10 employees and maintains cash reserves of £28.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 312,436 | |||||||||||||
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 148,381 | |||||||||||||
| Gross Profit | 164,055 | |||||||||||||
| Admin Expenses | 276,204 | |||||||||||||
| Operating Profit | -112,149 | |||||||||||||
| Interest Payable | 35,476 | |||||||||||||
| Interest Receivable | 0 | |||||||||||||
| Pre-Tax Profit | -147,625 | |||||||||||||
| Tax | 30,505 | |||||||||||||
| Profit After Tax | -117,120 | |||||||||||||
| Dividends Paid | 0 | |||||||||||||
| Retained Profit | -117,120 | |||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | -111,218 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,691 | 1,989 | 2,340 | 2,753 | 3,238 | 3,813 | 4,486 | 5,278 | 1,197,427 | 1,198,523 | 1,199,813 | 1,201,329 | 1,554,649 | 1,296,571 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,021,857 | 1,021,857 | 1,021,857 | 1,021,857 | 1,021,857 | 1,021,857 | 1,021,579 | 1,021,579 | 1,722 | 1,722 | 1,722 | 1,722 | 1,722 | 1,722 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,023,548 | 1,023,846 | 1,024,197 | 1,024,610 | 1,025,095 | 1,025,670 | 1,026,065 | 1,026,857 | 1,199,149 | 1,200,245 | 1,201,535 | 1,203,051 | 1,556,371 | 1,298,293 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 69,789 | 0 | 0 | 0 | 0 | 9,166 | 33,111 | 68,355 | 115,483 | 85,686 | 164,706 | 19,694 | 0 | 100,399 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115,154 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 26,487 | 26,487 | 97,798 | 87,906 | 85,213 | 101,384 | 77,757 | 533 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 28,138 | 129,461 | 5,675 | 6,100 | 9,220 | 73,213 | 67,914 | 800 | 800 | 4,809 | 7,164 | 8,364 | 26,492 | 52,491 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 124,414 | 155,948 | 103,473 | 94,006 | 94,433 | 183,763 | 178,782 | 184,842 | 116,283 | 90,495 | 171,870 | 28,058 | 26,492 | 152,890 |
| total assets | 1,147,962 | 1,179,794 | 1,127,670 | 1,118,616 | 1,119,528 | 1,209,433 | 1,204,847 | 1,211,699 | 1,315,432 | 1,290,740 | 1,373,405 | 1,231,109 | 1,582,863 | 1,451,183 |
| Bank overdraft | 39,738 | 45,833 | 50,000 | 0 | 0 | 0 | 26,546 | 49,785 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 34,011 | 55,254 | 77,019 | 43,834 | 36,611 | 28,412 | 117,838 | 108,233 | 138,718 | 72,700 | 196,531 | 72,953 | 95,164 | 68,160 |
| Group/Directors Accounts | 339,808 | 252,093 | 107,674 | 183,298 | 175,928 | 195,034 | 27,451 | 44,341 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 96,686 | 49,848 | 62,786 | 61,188 | 55,591 | 68,775 | 66,613 | 45,214 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 510,243 | 403,028 | 297,479 | 288,320 | 268,130 | 292,221 | 238,448 | 247,573 | 138,718 | 72,700 | 196,531 | 72,953 | 95,164 | 68,160 |
| loans | 179,861 | 246,033 | 299,522 | 305,631 | 334,005 | 387,154 | 442,835 | 454,208 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 489,795 | 527,685 | 464,543 | 464,543 | 725,839 | 623,090 |
| provisions | 80,002 | 80,002 | 80,002 | 80,002 | 80,002 | 80,002 | 80,002 | 86,272 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 259,863 | 326,035 | 379,524 | 385,633 | 414,007 | 467,156 | 522,837 | 540,480 | 489,795 | 527,685 | 464,543 | 464,543 | 725,839 | 623,090 |
| total liabilities | 770,106 | 729,063 | 677,003 | 673,953 | 682,137 | 759,377 | 761,285 | 788,053 | 628,513 | 600,385 | 661,074 | 537,496 | 821,003 | 691,250 |
| net assets | 377,856 | 450,731 | 450,667 | 444,663 | 437,391 | 450,056 | 443,562 | 423,646 | 686,919 | 690,355 | 712,331 | 693,613 | 761,860 | 759,933 |
| total shareholders funds | 377,856 | 450,731 | 450,667 | 444,663 | 437,391 | 450,056 | 443,562 | 423,646 | 686,919 | 690,355 | 712,331 | 693,613 | 761,860 | 759,933 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -112,149 | |||||||||||||
| Depreciation | 298 | 351 | 413 | 485 | 575 | 673 | 792 | 931 | 1,096 | 1,289 | 1,516 | 1,419 | 939 | 1,104 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 30,505 | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 69,789 | -71,311 | 9,892 | 2,693 | -25,337 | -318 | -73,174 | 68,559 | 29,797 | -79,020 | 145,012 | 19,694 | -100,399 | 100,399 |
| Creditors | -21,243 | -21,765 | 33,185 | 7,223 | 8,199 | -89,426 | 9,605 | -30,485 | 66,018 | -123,831 | 123,578 | -22,211 | 27,004 | 68,160 |
| Accruals and Deferred Income | 46,838 | -12,938 | 1,598 | 5,597 | -13,184 | 2,162 | 21,399 | 45,214 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -6,270 | 86,272 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -48,271 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 278 | 0 | 1,019,857 | 0 | 0 | 0 | 0 | 0 | 1,722 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 87,715 | 144,419 | -75,624 | 7,370 | -19,106 | 167,583 | -16,890 | 44,341 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -66,172 | -53,489 | -6,109 | -28,374 | -53,149 | -55,681 | -11,373 | 454,208 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -489,795 | -37,890 | 63,142 | 0 | -261,296 | 102,749 | 623,090 |
| share issue | ||||||||||||||
| interest | -35,476 | |||||||||||||
| cash flow from financing | -172,875 | |||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -101,323 | 123,786 | -425 | -3,120 | -63,993 | 5,299 | 67,114 | 0 | -4,009 | -2,355 | -1,200 | -18,128 | -25,999 | 52,491 |
| overdraft | -6,095 | -4,167 | 50,000 | 0 | 0 | -26,546 | -23,239 | 49,785 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -95,228 | 127,953 | -50,425 | -3,120 | -63,993 | 31,845 | 90,353 | -49,785 | -4,009 | -2,355 | -1,200 | -18,128 | -25,999 | 52,491 |
forwardbreak limited Credit Report and Business Information
Forwardbreak Limited Competitor Analysis
Perform a competitor analysis for forwardbreak limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in M 4 area or any other competitors across 12 key performance metrics.
forwardbreak limited Ownership
FORWARDBREAK LIMITED group structure
Forwardbreak Limited has 1 subsidiary company.
forwardbreak limited directors
Forwardbreak Limited currently has 2 directors. The longest serving directors include Mrs Jessica Toomey (Aug 2005) and Mr David Perkin (Jun 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jessica Toomey | 43 years | Aug 2005 | - | Director | |
| Mr David Perkin | 68 years | Jun 2006 | - | Director |
P&L
February 2023turnover
664.3k
+283%
operating profit
55.9k
0%
gross margin
48%
-1.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
377.9k
-0.16%
total assets
1.1m
-0.03%
cash
28.1k
-0.78%
net assets
Total assets minus all liabilities
Similar Companies
forwardbreak limited company details
company number
03962100
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
56302 - Public houses and bars
incorporation date
March 2000
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
WOODHOUSE CHARTERED ACCOUNTANTS
auditor
-
address
102 oldham street, manchester, lancashire, M4 1LJ
Bank
-
Legal Advisor
-
forwardbreak 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 12 charges/mortgages relating to forwardbreak limited. Currently there are 3 open charges and 9 have been satisfied in the past.
forwardbreak limited Companies House Filings - See Documents
| date | description | view/download |
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