fortevita limited
fortevita limited Company Information
Company Number
08330085
Registered Address
the old rectory main street, glenfield, leicester, LE3 8DG
Industry
Licensed restaurants
Telephone
02030066868
Next Accounts Due
94 days late
Group Structure
View All
Shareholders
maria bukhtoyarova 100%
fortevita limited Estimated Valuation
Pomanda estimates the enterprise value of FORTEVITA LIMITED at £587k based on a Turnover of £825.3k and 0.71x industry multiple (adjusted for size and gross margin).
fortevita limited Estimated Valuation
Pomanda estimates the enterprise value of FORTEVITA LIMITED at £0 based on an EBITDA of £-186.1k and a 4.22x industry multiple (adjusted for size and gross margin).
fortevita limited Estimated Valuation
Pomanda estimates the enterprise value of FORTEVITA LIMITED at £0 based on Net Assets of £-12.6m and 3.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fortevita Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Fortevita Limited Overview
Fortevita Limited is a live company located in leicester, LE3 8DG with a Companies House number of 08330085. It operates in the licenced restaurants sector, SIC Code 56101. Founded in December 2012, it's largest shareholder is maria bukhtoyarova with a 100% stake. Fortevita Limited is a established, small sized company, Pomanda has estimated its turnover at £825.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Fortevita Limited Health Check
Pomanda's financial health check has awarded Fortevita Limited a 2 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
4 Regular
5 Weak
Size
annual sales of £825.3k, make it in line with the average company (£874.5k)
- Fortevita Limited
£874.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (-6.3%)
- Fortevita Limited
-6.3% - Industry AVG
Production
with a gross margin of 57.7%, this company has a comparable cost of product (57.7%)
- Fortevita Limited
57.7% - Industry AVG
Profitability
an operating margin of -51.8% make it less profitable than the average company (5.3%)
- Fortevita Limited
5.3% - Industry AVG
Employees
with 18 employees, this is below the industry average (26)
18 - Fortevita Limited
26 - Industry AVG
Pay Structure
on an average salary of £17.4k, the company has an equivalent pay structure (£17.4k)
- Fortevita Limited
£17.4k - Industry AVG
Efficiency
resulting in sales per employee of £45.8k, this is equally as efficient (£42.3k)
- Fortevita Limited
£42.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Fortevita Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 499 days, this is slower than average (67 days)
- Fortevita Limited
67 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fortevita Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Fortevita Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 187.6%, this is a higher level of debt than the average (86.9%)
187.6% - Fortevita Limited
86.9% - Industry AVG
fortevita limited Credit Report and Business Information
Fortevita Limited Competitor Analysis
Perform a competitor analysis for fortevita limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
fortevita limited Ownership
FORTEVITA LIMITED group structure
Fortevita Limited has no subsidiary companies.
Ultimate parent company
FORTEVITA LIMITED
08330085
fortevita limited directors
Fortevita Limited currently has 2 directors. The longest serving directors include Mr William Bose (Feb 2022) and Mr William Bose (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Bose | United Kingdom | 49 years | Feb 2022 | - | Director |
| Mr William Bose | United Kingdom | 49 years | Feb 2022 | - | Director |
FORTEVITA LIMITED financials
Fortevita Limited's latest turnover from May 2022 is estimated at £825.3 thousand and the company has net assets of -£12.6 million. According to their latest financial statements, Fortevita Limited has 18 employees and maintains cash reserves of £12.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 18 | 17 | 28 | 46 | 48 | 50 | 55 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,012,606 | 3,254,274 | 3,495,125 | 3,795,382 | 4,111,294 | 4,411,972 | 4,765,100 | 4,267,684 | 1,073,922 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 300,000 | 800,000 |
| Total Fixed Assets | 3,012,706 | 3,254,374 | 3,495,225 | 3,795,482 | 4,111,394 | 4,412,072 | 4,765,200 | 4,567,784 | 1,874,022 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 14,840 | 32,823 | 25,491 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 42,527 | 288,848 | 62,890 | 44,540 | 7,267,938 | 307,168 |
| Group Debtors | 11,343,974 | 11,320,248 | 11,530,389 | 11,279,162 | 9,560,172 | 7,797,314 | 5,260,143 | 0 | 0 |
| Misc Debtors | 24,331 | 24,145 | 63,632 | 334,592 | 440,213 | 518,654 | 600,864 | 0 | 0 |
| Cash | 12,915 | 17,093 | 0 | 6,190 | 6,878 | 9,219 | 47,844 | 321,748 | 573,150 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,381,220 | 11,361,486 | 11,594,021 | 11,662,471 | 10,310,951 | 8,420,900 | 5,978,882 | 7,589,686 | 880,318 |
| total assets | 14,393,926 | 14,615,860 | 15,089,246 | 15,457,953 | 14,422,345 | 12,832,972 | 10,744,082 | 12,157,470 | 2,754,340 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 478,139 | 288,352 | 44,524 | 81,193 | 362,692 | 390,485 | 280,610 | 3,482,363 | 935,828 |
| Group/Directors Accounts | 25,474,923 | 25,464,923 | 25,284,923 | 24,197,555 | 22,078,930 | 18,633,212 | 13,146,879 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 47,373 | 41,471 | 7,460 | 306,414 | 496,079 | 561,652 | 1,830,015 | 0 | 0 |
| total current liabilities | 26,000,435 | 25,794,746 | 25,336,907 | 24,585,162 | 22,937,701 | 19,585,349 | 15,257,504 | 3,482,363 | 935,828 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,000,000 | 1,000,000 | 1,000,000 | 900,000 | 0 | 0 | 0 | 10,665,790 | 2,643,769 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,000,000 | 1,000,000 | 1,000,000 | 900,000 | 0 | 0 | 0 | 10,665,790 | 2,643,769 |
| total liabilities | 27,000,435 | 26,794,746 | 26,336,907 | 25,485,162 | 22,937,701 | 19,585,349 | 15,257,504 | 14,148,153 | 3,579,597 |
| net assets | -12,606,509 | -12,178,886 | -11,247,661 | -10,027,209 | -8,515,356 | -6,752,377 | -4,513,422 | -1,990,683 | -825,257 |
| total shareholders funds | -12,606,509 | -12,178,886 | -11,247,661 | -10,027,209 | -8,515,356 | -6,752,377 | -4,513,422 | -1,990,683 | -825,257 |
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 241,668 | 246,183 | 334,408 | 315,912 | 315,320 | 346,769 | 329,427 | 6,190 | 1,055 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | -14,840 | -17,983 | 7,332 | 25,491 | 0 | 0 |
| Debtors | 23,912 | -249,628 | -62,260 | 1,367,048 | 1,910,375 | 2,473,311 | -1,662,391 | 6,460,770 | 1,107,168 |
| Creditors | 189,787 | 243,828 | -36,669 | -281,499 | -27,793 | 109,875 | -3,201,753 | 2,546,535 | 935,828 |
| Accruals and Deferred Income | 5,902 | 34,011 | -298,954 | -189,665 | -65,573 | -1,268,363 | 1,830,015 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 10,000 | 180,000 | 1,087,368 | 2,118,625 | 3,445,718 | 5,486,333 | 13,146,879 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 100,000 | 900,000 | 0 | 0 | -10,665,790 | 8,022,021 | 2,643,769 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -4,178 | 17,093 | -6,190 | -688 | -2,341 | -38,625 | -273,904 | -251,402 | 573,150 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,178 | 17,093 | -6,190 | -688 | -2,341 | -38,625 | -273,904 | -251,402 | 573,150 |
P&L
May 2022turnover
825.3k
+42%
operating profit
-427.8k
0%
gross margin
57.7%
-2.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2022net assets
-12.6m
+0.04%
total assets
14.4m
-0.02%
cash
12.9k
-0.24%
net assets
Total assets minus all liabilities
fortevita limited company details
company number
08330085
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
December 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
the old rectory main street, glenfield, leicester, LE3 8DG
last accounts submitted
May 2022
fortevita 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 fortevita limited.
fortevita limited Companies House Filings - See Documents
| date | description | view/download |
|---|
