Pomanda estimates the enterprise value of FORFAITING LTD at £259.3k based on a Turnover of £218.8k and 1.19x industry multiple (adjusted for size and gross margin).
forfaiting ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of FORFAITING LTD at £0 based on an EBITDA of £-980 and a 4.09x industry multiple (adjusted for size and gross margin).
forfaiting ltdEstimated Valuation
£2k
Pomanda estimates the enterprise value of FORFAITING LTD at £2k based on Net Assets of £1.5k and 1.31x industry multiple (adjusted for liquidity).
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Forfaiting LtdOverview
Forfaiting Ltd is a live company located in london, EC2A 3DQ with a Companies House number of 04732702. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2003, it's largest shareholder is
mostalina investments sa
with a 100% stake. Forfaiting Ltd is a mature,
micro sized company, Pomanda has estimated its turnover at
£218.8k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Forfaiting Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
4 Weak
Size
annual sales of £218.8k, make it smaller than the average company (£5.5m)
£218.8k - Forfaiting Ltd
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 121%, show it is growing at a faster rate (7.3%)
121% - Forfaiting Ltd
7.3% - Industry AVG
Production
with a gross margin of 53.8%, this company has a comparable cost of product (53.8%)
53.8% - Forfaiting Ltd
53.8% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (9%)
-0.4% - Forfaiting Ltd
9% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Forfaiting Ltd
12 - Industry AVG
Pay Structure
on an average salary of £80.5k, the company has an equivalent pay structure (£80.5k)
£80.5k - Forfaiting Ltd
£80.5k - Industry AVG
Efficiency
resulting in sales per employee of £218.8k, this is equally as efficient (£218.8k)
£218.8k - Forfaiting Ltd
£218.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Forfaiting Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Forfaiting Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Forfaiting Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 61 weeks, this is more cash available to meet short term requirements (28 weeks)
61 weeks - Forfaiting Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.2%, this is a higher level of debt than the average (70.4%)
85.2% - Forfaiting Ltd
70.4% - Industry AVG
FORFAITING LTD financials
EXPORT
Forfaiting Ltd's latest turnover from April 2024 is estimated at £218.8 thousand and the company has net assets of £1.5 thousand. According to their latest financial statements, Forfaiting Ltd has 1 employee and maintains cash reserves of £10.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
218,755
200,984
168,318
20,250
154,093
156,588
22,592
21,715
1,404
13,741
104,599
112,938
1,342,023
53,813
694,980
Other Income Or Grants
Cost Of Sales
101,006
88,347
70,407
8,353
61,380
64,555
9,077
8,580
496
4,779
39,712
43,473
543,310
22,101
303,565
Gross Profit
117,749
112,638
97,911
11,897
92,713
92,033
13,515
13,134
908
8,962
64,886
69,465
798,713
31,712
391,414
Admin Expenses
118,729
113,637
97,866
12,321
93,137
93,396
14,238
13,105
948
8,869
64,968
70,636
799,752
31,973
389,024
Operating Profit
-980
-999
45
-424
-424
-1,363
-723
29
-40
93
-82
-1,171
-1,039
-261
2,390
Interest Payable
Interest Receivable
530
429
76
10
10
1,349
900
113
222
119
193
1,295
1,247
518
471
Pre-Tax Profit
-450
-570
121
-414
-414
-14
177
142
181
213
111
123
208
257
2,861
Tax
-23
-34
-27
-36
-42
-23
-28
-50
-67
-801
Profit After Tax
-450
-570
98
-414
-414
-14
143
115
145
170
88
95
158
190
2,060
Dividends Paid
Retained Profit
-450
-570
98
-414
-414
-14
143
115
145
170
88
95
158
190
2,060
Employee Costs
80,531
74,102
74,024
68,937
70,181
70,049
67,558
63,405
61,888
59,125
59,755
58,732
394,293
56,887
223,935
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
7
1
4
EBITDA*
-980
-999
45
-424
-424
-1,363
-723
29
-40
93
-82
-1,171
-1,039
-261
2,390
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
10,100
10,100
10,100
10,100
10,100
10,100
349,724
10,151
80,203
8,403
39,214
38,050
479,864
18,822
188,469
misc current assets
total current assets
10,100
10,100
10,100
10,100
10,100
10,100
349,724
10,151
80,203
8,403
39,214
38,050
479,864
18,822
188,469
total assets
10,100
10,100
10,100
10,100
10,100
10,100
349,724
10,151
80,203
8,403
39,214
38,050
479,864
18,822
188,469
Bank overdraft
Bank loan
Trade Creditors
6,200
6,000
6,000
6,000
6,701
6,231
544
5,542
36,523
35,447
477,356
16,472
186,309
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
8,600
8,150
1,380
1,678
1,264
850
339,759
799
76,653
total current liabilities
8,600
8,150
7,580
7,678
7,264
6,850
346,460
7,030
77,197
5,542
36,523
35,447
477,356
16,472
186,309
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
8,600
8,150
7,580
7,678
7,264
6,850
346,460
7,030
77,197
5,542
36,523
35,447
477,356
16,472
186,309
net assets
1,500
1,950
2,520
2,422
2,836
3,250
3,264
3,121
3,006
2,861
2,691
2,603
2,508
2,350
2,160
total shareholders funds
1,500
1,950
2,520
2,422
2,836
3,250
3,264
3,121
3,006
2,861
2,691
2,603
2,508
2,350
2,160
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-980
-999
45
-424
-424
-1,363
-723
29
-40
93
-82
-1,171
-1,039
-261
2,390
Depreciation
Amortisation
Tax
-23
-34
-27
-36
-42
-23
-28
-50
-67
-801
Stock
Debtors
Creditors
-6,200
200
-701
470
5,687
-4,998
-30,981
1,076
-441,909
460,884
-169,837
186,309
Accruals and Deferred Income
450
6,770
-298
414
414
-338,909
338,960
-75,854
76,653
Deferred Taxes & Provisions
Cash flow from operations
-530
-429
-76
-10
-10
-340,973
338,673
-70,165
71,579
-30,930
971
-443,108
459,795
-170,165
187,898
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
530
429
76
10
10
1,349
900
113
222
119
193
1,295
1,247
518
471
cash flow from financing
530
429
76
10
10
1,349
900
113
222
119
193
1,295
1,247
518
571
cash and cash equivalents
cash
-339,624
339,573
-70,052
71,800
-30,811
1,164
-441,814
461,042
-169,647
188,469
overdraft
change in cash
-339,624
339,573
-70,052
71,800
-30,811
1,164
-441,814
461,042
-169,647
188,469
forfaiting ltd 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 forfaiting ltd. Get real-time insights into forfaiting ltd's credit score, group structure and payment trends.
Perform a competitor analysis for forfaiting ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC2A area or any other competitors across 12 key performance metrics.
forfaiting ltd Ownership
FORFAITING LTD group structure
Forfaiting Ltd has no subsidiary companies.
Ultimate parent company
MOSTALINA INVESTMENTS SA
#0084204
1 parent
FORFAITING LTD
04732702
FORFAITING LTD Shareholders
The sole shareholder of Forfaiting Ltd is Mostalina Investments Sa.
mostalina investments sa
100%
forfaiting ltd directors
Forfaiting Ltd currently has 1 director, Mr Roy Tolfts serving since Apr 2020.
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2003
age
22
incorporated
UK
ultimate parent company
MOSTALINA INVESTMENTS SA
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
WESTMINSTER ACCOUNTANCY LTD
auditor
-
address
2nd floor, 9 chapel place, london, EC2A 3DQ
Bank
-
Legal Advisor
-
forfaiting ltd 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 forfaiting ltd.
forfaiting ltd 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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forfaiting ltdCompanies House Filings - See Documents
