forza doors ltd
forza doors ltd Company Information
Company Number
07112891
Next Accounts
Mar 2026
Shareholders
novastone sf12 bidco limited
Group Structure
View All
Industry
Manufacture of veneer sheets and wood-based panels
Registered Address
24a 24c star road, star road trading estate, horsham, west sussex, RH13 8RA
Website
www.forza-doors.comforza doors ltd Estimated Valuation
Pomanda estimates the enterprise value of FORZA DOORS LTD at £41.5m based on a Turnover of £33.5m and 1.24x industry multiple (adjusted for size and gross margin).
forza doors ltd Estimated Valuation
Pomanda estimates the enterprise value of FORZA DOORS LTD at £50.5m based on an EBITDA of £4.8m and a 10.48x industry multiple (adjusted for size and gross margin).
forza doors ltd Estimated Valuation
Pomanda estimates the enterprise value of FORZA DOORS LTD at £12.7m based on Net Assets of £8m and 1.58x industry multiple (adjusted for liquidity).
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Forza Doors Ltd Overview
Forza Doors Ltd is a live company located in horsham, RH13 8RA with a Companies House number of 07112891. It operates in the manufacture of veneer sheets and wood-based panels sector, SIC Code 16210. Founded in December 2009, it's largest shareholder is novastone sf12 bidco limited with a 100% stake. Forza Doors Ltd is a established, large sized company, Pomanda has estimated its turnover at £33.5m with high growth in recent years.
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Forza Doors Ltd Health Check
Pomanda's financial health check has awarded Forza Doors Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
3 Regular
1 Weak
Size
annual sales of £33.5m, make it larger than the average company (£27.4m)
£33.5m - Forza Doors Ltd
£27.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (10.3%)
16% - Forza Doors Ltd
10.3% - Industry AVG
Production
with a gross margin of 40.2%, this company has a lower cost of product (27.6%)
40.2% - Forza Doors Ltd
27.6% - Industry AVG
Profitability
an operating margin of 12.7% make it more profitable than the average company (5%)
12.7% - Forza Doors Ltd
5% - Industry AVG
Employees
with 206 employees, this is above the industry average (98)
206 - Forza Doors Ltd
98 - Industry AVG
Pay Structure
on an average salary of £55.9k, the company has a higher pay structure (£42.5k)
£55.9k - Forza Doors Ltd
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £162.4k, this is equally as efficient (£162.4k)
£162.4k - Forza Doors Ltd
£162.4k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (48 days)
47 days - Forza Doors Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (34 days)
49 days - Forza Doors Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is less than average (39 days)
19 days - Forza Doors Ltd
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (11 weeks)
29 weeks - Forza Doors Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.8%, this is a similar level of debt than the average (49.9%)
47.8% - Forza Doors Ltd
49.9% - Industry AVG
FORZA DOORS LTD financials
Forza Doors Ltd's latest turnover from June 2024 is £33.5 million and the company has net assets of £8 million. According to their latest financial statements, Forza Doors Ltd has 206 employees and maintains cash reserves of £3.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 33,455,290 | 30,760,032 | 28,308,363 | 21,159,498 | 20,621,028 | 19,929,287 | 17,747,078 | 15,354,733 | 14,867,326 | 10,171,654 | 7,648,698 | |||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 20,006,181 | 19,723,026 | 18,010,120 | 14,409,855 | 14,034,871 | 13,488,547 | 12,036,663 | 11,030,772 | 10,242,999 | 7,235,863 | 5,384,788 | |||
| Gross Profit | 13,449,109 | 11,037,006 | 10,298,243 | 6,749,643 | 6,586,157 | 6,440,740 | 5,710,415 | 4,323,961 | 4,624,327 | 2,935,791 | 2,263,910 | |||
| Admin Expenses | 9,187,152 | 10,201,151 | 6,358,577 | 5,567,013 | 3,727,725 | 3,828,249 | 3,176,848 | -9,006,737 | 3,394,838 | 2,104,884 | 1,716,141 | |||
| Operating Profit | 4,261,957 | 835,855 | 3,939,666 | 1,182,630 | 2,858,432 | 2,612,491 | 2,533,567 | 13,330,698 | 1,229,489 | 830,907 | 547,769 | |||
| Interest Payable | 52,392 | 34,724 | 22,203 | 26,570 | 27,040 | 30,428 | 26,591 | 31,385 | 28,483 | 27,303 | 22,692 | |||
| Interest Receivable | 95,816 | 15,936 | 536 | 7,379 | ||||||||||
| Pre-Tax Profit | 4,305,381 | 817,067 | 3,917,999 | 1,156,060 | 2,838,771 | 2,582,063 | 2,506,976 | 1,299,313 | 1,201,006 | 803,604 | 525,077 | |||
| Tax | -783,230 | -924,783 | -817,184 | -231,228 | -583,404 | -503,810 | -492,353 | -249,076 | -270,221 | -173,784 | -118,915 | |||
| Profit After Tax | 3,522,151 | -107,716 | 3,100,815 | 924,832 | 2,255,367 | 2,078,253 | 2,014,623 | 1,050,237 | 930,785 | 629,820 | 406,162 | |||
| Dividends Paid | 8,375,005 | 120,000 | 100,000 | 95,000 | 90,000 | 85,000 | 80,000 | 75,000 | 65,000 | 58,800 | ||||
| Retained Profit | 3,522,151 | -8,482,721 | 2,980,815 | 824,832 | 2,160,367 | 1,988,253 | 1,929,623 | 970,237 | 855,785 | 564,820 | 347,362 | |||
| Employee Costs | 11,511,684 | 9,292,789 | 7,540,815 | 6,163,677 | 6,346,310 | 5,788,432 | 4,791,693 | 4,238,395 | 4,006,229 | 2,718,072 | 1,996,384 | |||
| Number Of Employees | 206 | 195 | 170 | 154 | 161 | 157 | 133 | 114 | 88 | 73 | 57 | |||
| EBITDA* | 4,812,417 | 1,360,901 | 4,435,128 | 1,667,601 | 3,325,274 | 3,018,938 | 2,888,036 | 13,632,500 | 1,383,480 | 1,052,907 | 666,329 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,134,247 | 1,443,908 | 1,549,987 | 1,581,748 | 1,470,027 | 1,605,509 | 1,250,152 | 1,141,769 | 914,387 | 799,252 | 749,564 | 449,414 | 399,490 | 263,151 |
| Intangible Assets | 27,463 | |||||||||||||
| Investments & Other | 99 | 99 | ||||||||||||
| Debtors (Due After 1 year) | 21,478 | 21,478 | 21,478 | 21,478 | 21,478 | 21,478 | 21,478 | 21,478 | 21,478 | 21,478 | 21,478 | |||
| Total Fixed Assets | 2,183,287 | 1,465,485 | 1,571,465 | 1,603,226 | 1,491,505 | 1,626,987 | 1,271,630 | 1,163,247 | 935,865 | 820,730 | 771,042 | 449,414 | 399,490 | 263,151 |
| Stock & work in progress | 1,051,731 | 889,936 | 915,000 | 625,000 | 479,118 | 465,000 | 408,208 | 330,027 | 227,926 | 170,909 | 112,267 | 116,637 | 81,394 | 63,786 |
| Trade Debtors | 4,310,381 | 4,436,695 | 4,827,564 | 3,957,227 | 2,313,508 | 3,327,860 | 3,006,042 | 2,603,629 | 2,781,298 | 1,890,943 | 1,457,497 | 1,217,534 | 1,045,354 | 699,522 |
| Group Debtors | 3,848,633 | 423,578 | 1,056,757 | 1,015,044 | 718,592 | 256,105 | 11,380 | |||||||
| Misc Debtors | 447,184 | 205,419 | 2,558,764 | 1,717,240 | 1,708,485 | 1,572,528 | 1,557,204 | 749,047 | 95,601 | 70,624 | 182,736 | |||
| Cash | 3,561,594 | 2,342,307 | 7,284,723 | 5,770,938 | 6,206,308 | 3,640,079 | 2,625,324 | 1,489,597 | 1,252,001 | 693,068 | 74,615 | 1,790 | 502 | 8,179 |
| misc current assets | ||||||||||||||
| total current assets | 13,219,523 | 8,297,935 | 16,642,808 | 13,085,449 | 11,426,011 | 9,261,572 | 7,608,158 | 5,172,300 | 4,356,826 | 2,825,544 | 1,827,115 | 1,335,961 | 1,127,250 | 771,487 |
| total assets | 15,402,810 | 9,763,420 | 18,214,273 | 14,688,675 | 12,917,516 | 10,888,559 | 8,879,788 | 6,335,547 | 5,292,691 | 3,646,274 | 2,598,157 | 1,785,375 | 1,526,740 | 1,034,638 |
| Bank overdraft | 18,750 | |||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 2,719,748 | 2,668,533 | 2,740,189 | 2,229,609 | 1,092,678 | 1,827,077 | 1,778,166 | 1,669,899 | 1,468,182 | 1,023,242 | 876,703 | 1,266,423 | 1,097,311 | 722,070 |
| Group/Directors Accounts | 99 | 99 | 71,287 | 68,576 | 226,201 | 231,989 | ||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 278,254 | 188,885 | 222,727 | 227,682 | 235,487 | 272,296 | 264,556 | 214,846 | 227,036 | 185,317 | 156,112 | |||
| other current liabilities | 3,326,749 | 1,898,556 | 1,746,801 | 1,846,203 | 2,083,113 | 1,344,348 | 1,482,646 | 958,405 | 1,075,337 | 622,276 | 300,105 | |||
| total current liabilities | 6,324,850 | 4,756,073 | 4,709,717 | 4,303,494 | 3,411,278 | 3,443,721 | 3,525,368 | 2,914,437 | 2,839,131 | 2,057,036 | 1,583,659 | 1,266,423 | 1,097,311 | 722,070 |
| loans | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 36,125 | 33,000 | 22,761 | 64,470 | |
| hp & lease commitments | 568,151 | 195,891 | 198,619 | 147,905 | 147,040 | 262,519 | 202,988 | 201,012 | 189,786 | 199,390 | 200,746 | |||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 6,250 | 104,870 | 133,648 | 124,991 | ||||||||||
| provisions | 474,136 | 300,461 | 312,221 | 224,375 | 171,129 | 154,617 | 111,983 | 110,272 | 124,185 | 106,044 | 85,395 | 42,468 | 35,984 | |
| total long term liabilities | 1,042,287 | 529,352 | 543,840 | 405,280 | 351,169 | 450,136 | 347,971 | 344,284 | 346,971 | 338,434 | 328,516 | 180,338 | 192,393 | 189,461 |
| total liabilities | 7,367,137 | 5,285,425 | 5,253,557 | 4,708,774 | 3,762,447 | 3,893,857 | 3,873,339 | 3,258,721 | 3,186,102 | 2,395,470 | 1,912,175 | 1,446,761 | 1,289,704 | 911,531 |
| net assets | 8,035,673 | 4,477,995 | 12,960,716 | 9,979,901 | 9,155,069 | 6,994,702 | 5,006,449 | 3,076,826 | 2,106,589 | 1,250,804 | 685,982 | 338,614 | 237,036 | 123,107 |
| total shareholders funds | 8,035,673 | 4,477,995 | 12,960,716 | 9,979,901 | 9,155,069 | 6,994,702 | 5,006,449 | 3,076,826 | 2,106,589 | 1,250,804 | 685,982 | 338,614 | 237,036 | 123,107 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 4,261,957 | 835,855 | 3,939,666 | 1,182,630 | 2,858,432 | 2,612,491 | 2,533,567 | 13,330,698 | 1,229,489 | 830,907 | 547,769 | |||
| Depreciation | 544,967 | 525,046 | 495,462 | 484,971 | 466,842 | 406,447 | 354,469 | 301,802 | 153,991 | 222,000 | 118,560 | 124,506 | 78,042 | 40,907 |
| Amortisation | 5,493 | |||||||||||||
| Tax | -783,230 | -924,783 | -817,184 | -231,228 | -583,404 | -503,810 | -492,353 | -249,076 | -270,221 | -173,784 | -118,915 | |||
| Stock | 161,795 | -25,064 | 290,000 | 145,882 | 14,118 | 56,792 | 78,181 | 102,101 | 57,017 | 58,642 | -4,370 | 35,243 | 17,608 | 63,786 |
| Debtors | 3,540,506 | -3,377,393 | 1,753,574 | 1,948,926 | -415,908 | 581,867 | 1,221,950 | 475,777 | 915,332 | 321,334 | 444,177 | 172,180 | 345,832 | 699,522 |
| Creditors | 51,215 | -71,656 | 510,580 | 1,136,931 | -734,399 | 48,911 | 108,267 | 201,717 | 444,940 | 146,539 | -389,720 | 169,112 | 375,241 | 722,070 |
| Accruals and Deferred Income | 1,428,193 | 151,755 | -99,402 | -236,910 | 738,765 | -138,298 | 524,241 | -116,932 | 453,061 | 322,171 | 300,105 | |||
| Deferred Taxes & Provisions | 173,675 | -11,760 | 87,846 | 53,246 | 16,512 | 42,634 | 1,711 | -13,913 | 18,141 | 20,649 | 42,927 | 6,484 | 35,984 | |
| Cash flow from operations | 1,979,969 | 3,906,914 | 2,073,394 | 294,832 | 3,164,538 | 1,829,716 | 1,729,771 | 12,876,418 | 1,057,052 | 988,506 | 60,919 | |||
| Investing Activities | ||||||||||||||
| capital expenditure | -805,377 | -148,015 | -105,433 | -19,443 | ||||||||||
| Change in Investments | 99 | |||||||||||||
| cash flow from investments | -805,377 | -148,015 | -105,433 | -19,443 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 99 | -71,287 | 2,711 | -157,625 | -5,788 | 231,989 | ||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -33,000 | -3,125 | 3,125 | 10,239 | -41,709 | 64,470 | ||||||||
| Hire Purchase and Lease Commitments | 461,629 | -36,570 | 45,759 | -6,940 | -152,288 | 67,271 | 51,686 | -964 | 32,115 | 27,849 | 356,858 | |||
| other long term liabilities | -6,250 | -98,620 | -28,778 | 8,657 | 124,991 | |||||||||
| share issue | ||||||||||||||
| interest | 43,424 | -18,788 | -21,667 | -26,570 | -19,661 | -30,428 | -26,591 | -31,385 | -28,483 | -27,303 | -22,692 | |||
| cash flow from financing | 507,580 | -55,259 | 24,092 | -33,510 | -171,949 | 36,843 | -46,192 | -29,638 | -153,993 | -14,615 | 470,666 | |||
| cash and cash equivalents | ||||||||||||||
| cash | 1,219,287 | -4,942,416 | 1,513,785 | -435,370 | 2,566,229 | 1,014,755 | 1,135,727 | 237,596 | 558,933 | 618,453 | 72,825 | 1,288 | -7,677 | 8,179 |
| overdraft | -18,750 | 18,750 | ||||||||||||
| change in cash | 1,219,287 | -4,942,416 | 1,513,785 | -435,370 | 2,566,229 | 1,014,755 | 1,135,727 | 237,596 | 558,933 | 637,203 | 54,075 | 1,288 | -7,677 | 8,179 |
forza doors ltd Credit Report and Business Information
Forza Doors Ltd Competitor Analysis
Perform a competitor analysis for forza doors ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in RH13 area or any other competitors across 12 key performance metrics.
forza doors ltd Ownership
FORZA DOORS LTD group structure
Forza Doors Ltd has 1 subsidiary company.
Ultimate parent company
2 parents
FORZA DOORS LTD
07112891
1 subsidiary
forza doors ltd directors
Forza Doors Ltd currently has 6 directors. The longest serving directors include Mr Paul Watson (Jun 2012) and Mr Colin Bicknell (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Watson | England | 59 years | Jun 2012 | - | Director |
| Mr Colin Bicknell | 59 years | Nov 2018 | - | Director | |
| Mr James White | United Kingdom | 57 years | Jan 2022 | - | Director |
| Mr William Hunnam | 47 years | Apr 2023 | - | Director | |
| Mr James Humphreys | 56 years | May 2023 | - | Director | |
| Mr Daniel Vickery | 40 years | Jun 2023 | - | Director |
P&L
June 2024turnover
33.5m
+9%
operating profit
4.3m
+410%
gross margin
40.3%
+12.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
8m
+0.79%
total assets
15.4m
+0.58%
cash
3.6m
+0.52%
net assets
Total assets minus all liabilities
forza doors ltd company details
company number
07112891
Type
Private limited with Share Capital
industry
16210 - Manufacture of veneer sheets and wood-based panels
incorporation date
December 2009
age
16
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
AZETS AUDIT SERVICES
address
24a 24c star road, star road trading estate, horsham, west sussex, RH13 8RA
Bank
-
Legal Advisor
-
forza doors 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 found 5 charges/mortgages relating to forza doors ltd. Currently there are 2 open charges and 3 have been satisfied in the past.
forza doors 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 FORZA DOORS LTD. This can take several minutes, an email will notify you when this has completed.
forza doors ltd Companies House Filings - See Documents
| date | description | view/download |
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