forgings international holdings 2 limited
forgings international holdings 2 limited Company Information
Company Number
04597897
Next Accounts
Sep 2025
Shareholders
forgings international holdings 1 ltd
Group Structure
View All
Industry
Non-trading company
Registered Address
c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ
Website
http://firthrixson.comforgings international holdings 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FORGINGS INTERNATIONAL HOLDINGS 2 LIMITED at £0 based on a Turnover of £0 and 0.54x industry multiple (adjusted for size and gross margin).
forgings international holdings 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FORGINGS INTERNATIONAL HOLDINGS 2 LIMITED at £0 based on an EBITDA of £0 and a 4.24x industry multiple (adjusted for size and gross margin).
forgings international holdings 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FORGINGS INTERNATIONAL HOLDINGS 2 LIMITED at £60.9m based on Net Assets of £46.6m and 1.31x industry multiple (adjusted for liquidity).
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Forgings International Holdings 2 Limited Overview
Forgings International Holdings 2 Limited is a live company located in london, EC2R 7HJ with a Companies House number of 04597897. It operates in the non-trading company sector, SIC Code 74990. Founded in November 2002, it's largest shareholder is forgings international holdings 1 ltd with a 100% stake. Forgings International Holdings 2 Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Forgings International Holdings 2 Limited Health Check
Pomanda's financial health check has awarded Forgings International Holdings 2 Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 1 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Forgings International Holdings 2 Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Forgings International Holdings 2 Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
- Forgings International Holdings 2 Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.2%, this is a lower level of debt than the average (47.9%)
- - Forgings International Holdings 2 Limited
- - Industry AVG
FORGINGS INTERNATIONAL HOLDINGS 2 LIMITED financials
Forgings International Holdings 2 Limited's latest turnover from December 2023 is 0 and the company has net assets of £46.6 million. According to their latest financial statements, we estimate that Forgings International Holdings 2 Limited has 1 employee and maintains cash reserves of 0 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 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 602,000 | 324,000 | 76,000 | 914,000 | |||||||||||
| Interest Receivable | 107,000 | ||||||||||||||
| Pre-Tax Profit | -602,000 | -324,000 | -76,000 | -807,000 | |||||||||||
| Tax | 141,000 | 62,000 | 37,000 | 47,000 | 226,000 | ||||||||||
| Profit After Tax | -461,000 | -262,000 | -76,000 | 37,000 | 47,000 | -581,000 | |||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -461,000 | -262,000 | -76,000 | 37,000 | 47,000 | -581,000 | |||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* 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 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | |||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | 57,544,000 | |||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | 203,000 | 139,000 | 78,000 | 1,881,000 | 1,892,000 | 1,759,000 | 1,759,000 | 1,759,000 | 1,759,000 | 1,759,000 | |||||
| Misc Debtors | |||||||||||||||
| Cash | |||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 203,000 | 139,000 | 78,000 | 1,881,000 | 1,892,000 | 1,759,000 | 1,759,000 | 1,759,000 | 1,759,000 | 1,759,000 | |||||
| total assets | 57,747,000 | 57,683,000 | 57,622,000 | 59,425,000 | 59,436,000 | 59,303,000 | 59,303,000 | 59,303,000 | 59,303,000 | 59,303,000 | |||||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | |||||||||||||||
| Group/Directors Accounts | 11,113,000 | 10,418,000 | 10,189,000 | 12,032,000 | 12,080,000 | 12,080,000 | 12,080,000 | 12,080,000 | 12,080,000 | 12,080,000 | |||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 170,000 | 76,000 | |||||||||||||
| total current liabilities | 11,113,000 | 10,588,000 | 10,265,000 | 12,032,000 | 12,080,000 | 12,080,000 | 12,080,000 | 12,080,000 | 12,080,000 | 12,080,000 | |||||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 11,113,000 | 10,588,000 | 10,265,000 | 12,032,000 | 12,080,000 | 12,080,000 | 12,080,000 | 12,080,000 | 12,080,000 | 12,080,000 | |||||
| net assets | 46,634,000 | 47,095,000 | 47,357,000 | 47,393,000 | 47,356,000 | 47,223,000 | 47,223,000 | 47,223,000 | 47,223,000 | 47,223,000 | |||||
| total shareholders funds | 46,634,000 | 47,095,000 | 47,357,000 | 47,393,000 | 47,356,000 | 47,223,000 | 47,223,000 | 47,223,000 | 47,223,000 | 47,223,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 141,000 | 62,000 | 37,000 | 47,000 | 226,000 | ||||||||||
| Stock | |||||||||||||||
| Debtors | 64,000 | 61,000 | -1,803,000 | -11,000 | 1,892,000 | -1,759,000 | 1,759,000 | ||||||||
| Creditors | |||||||||||||||
| Accruals and Deferred Income | -170,000 | 94,000 | 76,000 | ||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -93,000 | 95,000 | 1,879,000 | 48,000 | -1,845,000 | -1,533,000 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 57,544,000 | -57,544,000 | 57,544,000 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 695,000 | 229,000 | -1,843,000 | -48,000 | 12,080,000 | -12,080,000 | 12,080,000 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -602,000 | -324,000 | -76,000 | -807,000 | |||||||||||
| cash flow from financing | 93,000 | -95,000 | -1,879,000 | -48,000 | 59,389,000 | 59,077,000 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | |||||||||||||||
| overdraft | |||||||||||||||
| change in cash |
forgings international holdings 2 limited Credit Report and Business Information
Forgings International Holdings 2 Limited Competitor Analysis
Perform a competitor analysis for forgings international holdings 2 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mature companies, companies in EC2R area or any other competitors across 12 key performance metrics.
forgings international holdings 2 limited Ownership
FORGINGS INTERNATIONAL HOLDINGS 2 LIMITED group structure
Forgings International Holdings 2 Limited has 1 subsidiary company.
Ultimate parent company
HOWMET INTERNATIONAL HOLDINGS COMPANY
#0132210
2 parents
FORGINGS INTERNATIONAL HOLDINGS 2 LIMITED
04597897
1 subsidiary
forgings international holdings 2 limited directors
Forgings International Holdings 2 Limited currently has 3 directors. The longest serving directors include Mr Monalito Bugarcic (Sep 2020) and Mr Monalito Bugarcic (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Monalito Bugarcic | United Kingdom | 49 years | Sep 2020 | - | Director |
| Mr Monalito Bugarcic | United Kingdom | 49 years | Sep 2020 | - | Director |
| Mr Stephen Woods | England | 52 years | Dec 2022 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
46.6m
-0.01%
total assets
57.7m
0%
cash
0
0%
net assets
Total assets minus all liabilities
forgings international holdings 2 limited company details
company number
04597897
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
November 2002
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
riseworth no. 2 limited (November 2002)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ
Bank
HSBC BANK PLC
Legal Advisor
-
forgings international holdings 2 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 5 charges/mortgages relating to forgings international holdings 2 limited. Currently there are 0 open charges and 5 have been satisfied in the past.
forgings international holdings 2 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 FORGINGS INTERNATIONAL HOLDINGS 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
forgings international holdings 2 limited Companies House Filings - See Documents
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