fortware limited
fortware limited Company Information
Company Number
07619468
Next Accounts
Jun 2025
Directors
Shareholders
william alexander carey
Group Structure
View All
Industry
Engineering related scientific and technical consulting activities
+1Registered Address
548-550 elder house suite 250, elder gate, milton keynes, MK9 1LR
Website
-fortware limited Estimated Valuation
Pomanda estimates the enterprise value of FORTWARE LIMITED at £18.7k based on a Turnover of £51.8k and 0.36x industry multiple (adjusted for size and gross margin).
fortware limited Estimated Valuation
Pomanda estimates the enterprise value of FORTWARE LIMITED at £0 based on an EBITDA of £0 and a 3.07x industry multiple (adjusted for size and gross margin).
fortware limited Estimated Valuation
Pomanda estimates the enterprise value of FORTWARE LIMITED at £0 based on Net Assets of £-16.3k and 2.43x industry multiple (adjusted for liquidity).
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Fortware Limited Overview
Fortware Limited is a live company located in milton keynes, MK9 1LR with a Companies House number of 07619468. It operates in the engineering design activities for industrial process and production sector, SIC Code 71121. Founded in May 2011, it's largest shareholder is william alexander carey with a 100% stake. Fortware Limited is a established, micro sized company, Pomanda has estimated its turnover at £51.8k with low growth in recent years.
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Fortware Limited Health Check
Pomanda's financial health check has awarded Fortware Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
5 Weak
Size
annual sales of £51.8k, make it smaller than the average company (£704.6k)
- Fortware Limited
£704.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.4%)
- Fortware Limited
5.4% - Industry AVG
Production
with a gross margin of 20%, this company has a higher cost of product (34.8%)
- Fortware Limited
34.8% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Fortware Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
1 - Fortware Limited
11 - Industry AVG
Pay Structure
on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)
- Fortware Limited
£51.5k - Industry AVG
Efficiency
resulting in sales per employee of £51.8k, this is less efficient (£98.5k)
- Fortware Limited
£98.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Fortware Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 88 days, this is slower than average (34 days)
- Fortware Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fortware Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fortware Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Fortware Limited
- - Industry AVG
FORTWARE LIMITED financials
Fortware Limited's latest turnover from September 2023 is estimated at £51.8 thousand and the company has net assets of -£16.3 thousand. According to their latest financial statements, Fortware Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1 | 1 | 476 | 938 | ||||||||
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 1 | 1 | 476 | 938 | ||||||||
| Stock & work in progress | ||||||||||||
| Trade Debtors | 4,127 | 1,510 | 583 | 4,865 | ||||||||
| Group Debtors | ||||||||||||
| Misc Debtors | ||||||||||||
| Cash | 11 | 5,536 | 5,358 | 3,837 | ||||||||
| misc current assets | ||||||||||||
| total current assets | 4,127 | 11 | 7,046 | 5,941 | 8,702 | |||||||
| total assets | 4,128 | 12 | 7,522 | 6,879 | 8,702 | |||||||
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 10,018 | 10,018 | 9,182 | 9,106 | 6,726 | 6,634 | 6,553 | 7,905 | 5,393 | 11,210 | 7,227 | 5,252 |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | ||||||||||||
| total current liabilities | 10,018 | 10,018 | 9,182 | 9,106 | 6,726 | 6,634 | 6,553 | 7,905 | 5,393 | 11,210 | 7,227 | 5,252 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | 250 | 250 | 250 | 599 | 599 | 599 | 599 | 1,068 | ||||
| other liabilities | 6,066 | 6,066 | 6,066 | 4,361 | 4,361 | 3,156 | ||||||
| provisions | ||||||||||||
| total long term liabilities | 6,316 | 6,316 | 6,316 | 4,960 | 4,960 | 3,755 | 599 | 1,068 | ||||
| total liabilities | 16,334 | 16,334 | 15,498 | 14,066 | 11,686 | 10,389 | 7,152 | 8,973 | 5,393 | 11,210 | 7,227 | 5,252 |
| net assets | -16,334 | -16,334 | -15,498 | -14,066 | -11,686 | -10,389 | -7,152 | -4,845 | -5,381 | -3,688 | -348 | 3,450 |
| total shareholders funds | -16,334 | -16,334 | -15,498 | -14,066 | -11,686 | -10,389 | -7,152 | -4,845 | -5,381 | -3,688 | -348 | 3,450 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 475 | 462 | 462 | |||||||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | -4,127 | 4,127 | -1,510 | 927 | -4,282 | 4,865 | ||||||
| Creditors | 836 | 76 | 2,380 | 92 | 81 | -1,352 | 2,512 | -5,817 | 3,983 | 1,975 | 5,252 | |
| Accruals and Deferred Income | -349 | -469 | 1,068 | |||||||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| 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 | 1,705 | 1,205 | 3,156 | |||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -11 | -5,525 | 178 | 1,521 | 3,837 | |||||||
| overdraft | ||||||||||||
| change in cash | -11 | -5,525 | 178 | 1,521 | 3,837 |
fortware limited Credit Report and Business Information
Fortware Limited Competitor Analysis
Perform a competitor analysis for fortware limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in MK9 area or any other competitors across 12 key performance metrics.
fortware limited Ownership
FORTWARE LIMITED group structure
Fortware Limited has no subsidiary companies.
Ultimate parent company
FORTWARE LIMITED
07619468
fortware limited directors
Fortware Limited currently has 1 director, Mr William Carey serving since May 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Carey | England | 75 years | May 2011 | - | Director |
P&L
September 2023turnover
51.8k
+8%
operating profit
0
0%
gross margin
20.1%
-1.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-16.3k
0%
total assets
0
0%
cash
0
0%
net assets
Total assets minus all liabilities
fortware limited company details
company number
07619468
Type
Private limited with Share Capital
industry
71122 - Engineering related scientific and technical consulting activities
71121 - Engineering design activities for industrial process and production
incorporation date
May 2011
age
14
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
September 2023
previous names
N/A
accountant
MICHAEL FENTON & CO LIMITED
auditor
-
address
548-550 elder house suite 250, elder gate, milton keynes, MK9 1LR
Bank
-
Legal Advisor
-
fortware 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 did not find charges/mortgages relating to fortware limited.
fortware 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 FORTWARE LIMITED. This can take several minutes, an email will notify you when this has completed.
fortware limited Companies House Filings - See Documents
| date | description | view/download |
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