fortas homes ltd
fortas homes ltd Company Information
Company Number
06395248
Next Accounts
1012 days late
Directors
Shareholders
nathan robert cheeseman
Group Structure
View All
Industry
Development of building projects
+1Registered Address
tollgate court business centre, tollgate drive, stafford, staffordshire, ST16 3HS
Website
fortashomes.co.ukfortas homes ltd Estimated Valuation
Pomanda estimates the enterprise value of FORTAS HOMES LTD at £55.1k based on a Turnover of £144.1k and 0.38x industry multiple (adjusted for size and gross margin).
fortas homes ltd Estimated Valuation
Pomanda estimates the enterprise value of FORTAS HOMES LTD at £0 based on an EBITDA of £-8.8k and a 3.4x industry multiple (adjusted for size and gross margin).
fortas homes ltd Estimated Valuation
Pomanda estimates the enterprise value of FORTAS HOMES LTD at £0 based on Net Assets of £-32.2k and 1.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fortas Homes Ltd Overview
Fortas Homes Ltd is a live company located in stafford, ST16 3HS with a Companies House number of 06395248. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2007, it's largest shareholder is nathan robert cheeseman with a 100% stake. Fortas Homes Ltd is a established, micro sized company, Pomanda has estimated its turnover at £144.1k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Fortas Homes Ltd Health Check
Pomanda's financial health check has awarded Fortas Homes Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £144.1k, make it smaller than the average company (£5.4m)
- Fortas Homes Ltd
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (3.3%)
- Fortas Homes Ltd
3.3% - Industry AVG
Production
with a gross margin of 20.3%, this company has a comparable cost of product (20.3%)
- Fortas Homes Ltd
20.3% - Industry AVG
Profitability
an operating margin of -7.5% make it less profitable than the average company (6.5%)
- Fortas Homes Ltd
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
1 - Fortas Homes Ltd
19 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- Fortas Homes Ltd
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £144.1k, this is less efficient (£280.1k)
- Fortas Homes Ltd
£280.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Fortas Homes Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (34 days)
- Fortas Homes Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fortas Homes Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fortas Homes Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 640.6%, this is a higher level of debt than the average (71.2%)
640.6% - Fortas Homes Ltd
71.2% - Industry AVG
FORTAS HOMES LTD financials
Fortas Homes Ltd's latest turnover from September 2020 is estimated at £144.1 thousand and the company has net assets of -£32.2 thousand. According to their latest financial statements, Fortas Homes Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | 950 | 701 | ||||||||||
| Operating Profit | -950 | -701 | ||||||||||
| Interest Payable | 70 | 256 | ||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | -1,020 | -756 | ||||||||||
| Tax | ||||||||||||
| Profit After Tax | -1,020 | -756 | ||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | -1,020 | -756 | ||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 1 | 1 | ||||||||||
| EBITDA* | -950 | -701 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,951 | 7,934 | 10,579 | 12,953 | 15,679 | 63,970 | 63,970 | 63,970 | 63,970 | 63,970 | ||
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 5,951 | 7,934 | 10,579 | 12,953 | 15,679 | 63,970 | 63,970 | 63,970 | 63,970 | 63,970 | ||
| Stock & work in progress | 63,970 | |||||||||||
| Trade Debtors | 25,662 | 30,924 | 66,917 | 56,785 | 64,423 | 21,259 | 18,551 | |||||
| Group Debtors | ||||||||||||
| Misc Debtors | ||||||||||||
| Cash | 4,353 | 47,655 | 121 | 19,275 | ||||||||
| misc current assets | ||||||||||||
| total current assets | 25,662 | 30,924 | 66,917 | 56,785 | 64,423 | 25,612 | 66,206 | 121 | 83,245 | |||
| total assets | 5,951 | 33,596 | 41,503 | 79,870 | 72,464 | 128,393 | 89,582 | 130,176 | 63,970 | 64,091 | 83,245 | |
| Bank overdraft | 3,159 | 2,871 | ||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 5,888 | 464 | 70,018 | 32,620 | 8,767 | 10,692 | 2,346 | 79,640 | 68,019 | 65,866 | 84,000 | |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 29,072 | 49,974 | ||||||||||
| total current liabilities | 38,119 | 53,309 | 70,018 | 32,620 | 8,767 | 10,692 | 2,346 | 79,640 | 68,019 | 65,866 | 84,000 | |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | 1,507 | |||||||||||
| total long term liabilities | 1,507 | |||||||||||
| total liabilities | 38,119 | 54,816 | 70,018 | 32,620 | 8,767 | 10,692 | 2,346 | 79,640 | 68,019 | 65,866 | 84,000 | |
| net assets | -32,168 | -21,220 | -28,515 | 47,250 | 63,697 | 117,701 | 87,236 | 50,536 | -4,049 | -1,775 | -755 | |
| total shareholders funds | -32,168 | -21,220 | -28,515 | 47,250 | 63,697 | 117,701 | 87,236 | 50,536 | -4,049 | -1,775 | -755 |
| Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -950 | -701 | ||||||||||
| Depreciation | 1,983 | 2,645 | ||||||||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | -63,970 | 63,970 | ||||||||||
| Debtors | -25,662 | -5,262 | -35,993 | 10,132 | -7,638 | 43,164 | 2,708 | 18,551 | ||||
| Creditors | 5,424 | -69,554 | 37,398 | 23,853 | -1,925 | 8,346 | -77,294 | 11,621 | 2,153 | -18,134 | 84,000 | |
| Accruals and Deferred Income | -20,902 | 49,974 | ||||||||||
| Deferred Taxes & Provisions | -1,507 | 1,507 | ||||||||||
| Cash flow from operations | 44,886 | 19,329 | ||||||||||
| 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 | ||||||||||||
| interest | -70 | -256 | ||||||||||
| cash flow from financing | -70 | -255 | ||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -4,353 | -43,302 | 47,655 | -121 | -19,154 | 19,275 | ||||||
| overdraft | 288 | 2,871 | ||||||||||
| change in cash | -288 | -2,871 | -4,353 | -43,302 | 47,655 | -121 | -19,154 | 19,275 |
fortas homes ltd Credit Report and Business Information
Fortas Homes Ltd Competitor Analysis
Perform a competitor analysis for fortas homes ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in ST16 area or any other competitors across 12 key performance metrics.
fortas homes ltd Ownership
FORTAS HOMES LTD group structure
Fortas Homes Ltd has no subsidiary companies.
Ultimate parent company
FORTAS HOMES LTD
06395248
fortas homes ltd directors
Fortas Homes Ltd currently has 1 director, Mr Nathan Cheeseman serving since Oct 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nathan Cheeseman | 53 years | Oct 2007 | - | Director |
P&L
September 2020turnover
144.1k
-17%
operating profit
-10.8k
0%
gross margin
20.4%
-7.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
-32.2k
+0.52%
total assets
6k
-0.82%
cash
0
0%
net assets
Total assets minus all liabilities
fortas homes ltd company details
company number
06395248
Type
Private limited with Share Capital
industry
41100 - Development of building projects
41201 - Construction of commercial buildings
incorporation date
October 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2020
previous names
nathan robert homes ltd (February 2010)
accountant
CHEADLES
auditor
-
address
tollgate court business centre, tollgate drive, stafford, staffordshire, ST16 3HS
Bank
-
Legal Advisor
-
fortas homes 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 fortas homes ltd.
fortas homes 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.
Click to start generating capital raising & share issue transactions for FORTAS HOMES LTD. This can take several minutes, an email will notify you when this has completed.
fortas homes ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
