forward ventures limited
forward ventures limited Company Information
Company Number
05344722
Next Accounts
Feb 2026
Shareholders
mr chhotalal chhaganlal patel
mr narendra patel
Group Structure
View All
Industry
Buying and selling of own real estate
+1Registered Address
office 1, hatherton court, 21 hatherton street, walsall, west midlands, WS4 2LA
Website
www.forwardventures.comforward ventures limited Estimated Valuation
Pomanda estimates the enterprise value of FORWARD VENTURES LIMITED at £438.2k based on a Turnover of £138k and 3.18x industry multiple (adjusted for size and gross margin).
forward ventures limited Estimated Valuation
Pomanda estimates the enterprise value of FORWARD VENTURES LIMITED at £354.2k based on an EBITDA of £54.6k and a 6.49x industry multiple (adjusted for size and gross margin).
forward ventures limited Estimated Valuation
Pomanda estimates the enterprise value of FORWARD VENTURES LIMITED at £475.6k based on Net Assets of £286.4k and 1.66x industry multiple (adjusted for liquidity).
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Forward Ventures Limited Overview
Forward Ventures Limited is a live company located in walsall, WS4 2LA with a Companies House number of 05344722. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 2005, it's largest shareholder is mr chhotalal chhaganlal patel with a 50% stake. Forward Ventures Limited is a mature, micro sized company, Pomanda has estimated its turnover at £138k with rapid growth in recent years.
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Forward Ventures Limited Health Check
Pomanda's financial health check has awarded Forward Ventures Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £138k, make it smaller than the average company (£872.4k)
- Forward Ventures Limited
£872.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 171%, show it is growing at a faster rate (4.4%)
- Forward Ventures Limited
4.4% - Industry AVG
Production
with a gross margin of 71.7%, this company has a comparable cost of product (71.7%)
- Forward Ventures Limited
71.7% - Industry AVG
Profitability
an operating margin of 39.5% make it more profitable than the average company (26.9%)
- Forward Ventures Limited
26.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Forward Ventures Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
- Forward Ventures Limited
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £69k, this is less efficient (£184.3k)
- Forward Ventures Limited
£184.3k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (27 days)
- Forward Ventures Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (35 days)
- Forward Ventures Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Forward Ventures Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (8 weeks)
5 weeks - Forward Ventures Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.6%, this is a lower level of debt than the average (67.1%)
40.6% - Forward Ventures Limited
67.1% - Industry AVG
FORWARD VENTURES LIMITED financials
Forward Ventures Limited's latest turnover from May 2024 is estimated at £138 thousand and the company has net assets of £286.4 thousand. According to their latest financial statements, Forward Ventures Limited has 2 employees and maintains cash reserves of £20.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 2 | 2 | 2 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 220 | 274 | 343 | 428 | 456,043 | 456,178 | 680,207 | 680,416 | 680,679 | 680,773 | 679,368 | 679,368 | 598,200 | 427,801 | 427,801 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 455,507 | 575,447 | 575,447 | 575,447 | 119,940 | 19,940 | |||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 455,727 | 575,721 | 575,790 | 575,875 | 575,983 | 476,118 | 680,207 | 680,416 | 680,679 | 680,773 | 679,368 | 679,368 | 598,200 | 427,801 | 427,801 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 5,550 | 5,550 | 2,426 | 648 | 150 | 442 | 845 | 551 | |||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,617 | 77 | 390 | ||||||||||||
| Cash | 20,485 | 16,164 | 24,708 | 28,687 | 26,397 | 112,116 | 10,707 | 13,726 | 16,220 | 12,652 | 21,867 | 76,899 | 4,439 | 3,696 | 4,496 |
| misc current assets | |||||||||||||||
| total current assets | 26,035 | 24,331 | 27,211 | 29,725 | 26,397 | 112,116 | 10,707 | 13,726 | 16,220 | 12,652 | 21,867 | 77,049 | 4,881 | 4,541 | 5,047 |
| total assets | 481,762 | 600,052 | 603,001 | 605,600 | 602,380 | 588,234 | 690,914 | 694,142 | 696,899 | 693,425 | 701,235 | 756,417 | 603,081 | 432,342 | 432,848 |
| Bank overdraft | 10,727 | 13,212 | 13,212 | 13,212 | 39,019 | 27,647 | |||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 11,100 | 11,100 | 1,042 | 903 | 192 | 1,155 | 408,949 | 417,716 | 459,960 | 391,028 | 206,960 | 197,238 | |||
| Group/Directors Accounts | 172,873 | 336,207 | 383,362 | 380,030 | |||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 11,386 | 7,973 | 375,478 | 373,617 | 390,081 | 6,802 | 9,549 | 388,133 | 386,643 | ||||||
| total current liabilities | 195,359 | 355,280 | 386,205 | 386,829 | 403,293 | 404,418 | 390,482 | 427,344 | 415,445 | 408,949 | 417,716 | 459,960 | 391,028 | 206,960 | 197,238 |
| loans | 23,424 | 21,742 | 32,837 | 148,537 | 143,995 | 187,338 | |||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 218,000 | 236,300 | 267,180 | 194,815 | 213,982 | 234,252 | |||||||||
| provisions | |||||||||||||||
| total long term liabilities | 23,424 | 21,742 | 32,837 | 148,537 | 143,995 | 187,338 | 218,000 | 236,300 | 267,180 | 194,815 | 213,982 | 234,252 | |||
| total liabilities | 195,359 | 355,280 | 386,205 | 410,253 | 425,035 | 437,255 | 539,019 | 571,339 | 602,783 | 626,949 | 654,016 | 727,140 | 585,843 | 420,942 | 431,490 |
| net assets | 286,403 | 244,772 | 216,796 | 195,347 | 177,345 | 150,979 | 151,895 | 122,803 | 94,116 | 66,476 | 47,219 | 29,277 | 17,238 | 11,400 | 1,358 |
| total shareholders funds | 286,403 | 244,772 | 216,796 | 195,347 | 177,345 | 150,979 | 151,895 | 122,803 | 94,116 | 66,476 | 47,219 | 29,277 | 17,238 | 11,400 | 1,358 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 54 | 69 | 85 | 108 | 135 | 168 | 209 | 263 | 327 | 352 | |||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -2,617 | 5,664 | 1,465 | 1,038 | -150 | -292 | -403 | 294 | 551 | ||||||
| Creditors | 11,100 | -1,042 | 139 | 711 | -963 | -407,794 | -8,767 | -42,244 | 68,932 | 184,068 | 9,722 | 197,238 | |||
| Accruals and Deferred Income | 3,413 | -367,505 | 1,861 | -16,464 | 383,279 | -2,747 | -378,584 | 1,490 | 386,643 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -119,940 | 455,507 | 100,000 | 19,940 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -163,334 | 336,207 | -383,362 | 3,332 | 380,030 | ||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -23,424 | 1,682 | -11,095 | -115,700 | 4,542 | -43,343 | 187,338 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -218,000 | -18,300 | -30,880 | 72,365 | -19,167 | -20,270 | 234,252 | ||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 4,321 | -8,544 | -3,979 | 2,290 | -85,719 | 101,409 | -3,019 | -2,494 | 3,568 | -9,215 | -55,032 | 72,460 | 743 | -800 | 4,496 |
| overdraft | -10,727 | -2,485 | 13,212 | -39,019 | 11,372 | 27,647 | |||||||||
| change in cash | 4,321 | 2,183 | -1,494 | 2,290 | -85,719 | 88,197 | 36,000 | -13,866 | -24,079 | -9,215 | -55,032 | 72,460 | 743 | -800 | 4,496 |
forward ventures limited Credit Report and Business Information
Forward Ventures Limited Competitor Analysis
Perform a competitor analysis for forward ventures limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WS4 area or any other competitors across 12 key performance metrics.
forward ventures limited Ownership
FORWARD VENTURES LIMITED group structure
Forward Ventures Limited has no subsidiary companies.
Ultimate parent company
FORWARD VENTURES LIMITED
05344722
forward ventures limited directors
Forward Ventures Limited currently has 2 directors. The longest serving directors include Mr Chhotalal Patel (Jan 2005) and Mr Narendra Patel (Jan 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Chhotalal Patel | England | 71 years | Jan 2005 | - | Director |
| Mr Narendra Patel | England | 66 years | Jan 2005 | - | Director |
P&L
May 2024turnover
138k
+2%
operating profit
54.5k
0%
gross margin
71.7%
+1.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
286.4k
+0.17%
total assets
481.8k
-0.2%
cash
20.5k
+0.27%
net assets
Total assets minus all liabilities
forward ventures limited company details
company number
05344722
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
January 2005
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
DHILLON ACCOUNTANTS LIMITED
auditor
-
address
office 1, hatherton court, 21 hatherton street, walsall, west midlands, WS4 2LA
Bank
-
Legal Advisor
-
forward ventures 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 forward ventures limited. Currently there are 0 open charges and 3 have been satisfied in the past.
forward ventures 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 FORWARD VENTURES LIMITED. This can take several minutes, an email will notify you when this has completed.
forward ventures limited Companies House Filings - See Documents
| date | description | view/download |
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