forth ports finance plc
forth ports finance plc Company Information
Company Number
08735464
Next Accounts
Jun 2025
Shareholders
forth ports ltd
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
leslie ford house, tilbury freeport, tilbury, essex, RM18 7EH
Website
www.forthports.co.ukforth ports finance plc Estimated Valuation
Pomanda estimates the enterprise value of FORTH PORTS FINANCE PLC at £6.2k based on a Turnover of £3k and 2.07x industry multiple (adjusted for size and gross margin).
forth ports finance plc Estimated Valuation
Pomanda estimates the enterprise value of FORTH PORTS FINANCE PLC at £26k based on an EBITDA of £3k and a 8.65x industry multiple (adjusted for size and gross margin).
forth ports finance plc Estimated Valuation
Pomanda estimates the enterprise value of FORTH PORTS FINANCE PLC at £92.7k based on Net Assets of £71k and 1.31x industry multiple (adjusted for liquidity).
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Forth Ports Finance Plc Overview
Forth Ports Finance Plc is a live company located in tilbury, RM18 7EH with a Companies House number of 08735464. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2013, it's largest shareholder is forth ports ltd with a 100% stake. Forth Ports Finance Plc is a established, micro sized company, Pomanda has estimated its turnover at £3k with unknown growth in recent years.
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Forth Ports Finance Plc Health Check
Pomanda's financial health check has awarded Forth Ports Finance Plc a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
5 Weak
Size
annual sales of £3k, make it smaller than the average company (£18.9m)
£3k - Forth Ports Finance Plc
£18.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Forth Ports Finance Plc
- - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (36.4%)
100% - Forth Ports Finance Plc
36.4% - Industry AVG
Profitability
an operating margin of 100% make it more profitable than the average company (4.5%)
100% - Forth Ports Finance Plc
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (104)
- Forth Ports Finance Plc
104 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Forth Ports Finance Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £3k, this is less efficient (£191.2k)
- Forth Ports Finance Plc
£191.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Forth Ports Finance Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Forth Ports Finance Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Forth Ports Finance Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Forth Ports Finance Plc
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (69.6%)
100% - Forth Ports Finance Plc
69.6% - Industry AVG
FORTH PORTS FINANCE PLC financials
Forth Ports Finance Plc's latest turnover from December 2023 is £3 thousand and the company has net assets of £71 thousand. According to their latest financial statements, we estimate that Forth Ports Finance Plc has 1 employee and maintains cash reserves of £12 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 |
| Admin Expenses | 2,000 | |||||||||
| Operating Profit | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 1,000 |
| Interest Payable | 30,108,000 | 24,331,000 | 24,220,000 | 22,129,000 | 16,366,000 | 16,414,000 | 16,308,000 | 13,669,000 | 12,859,000 | 12,695,000 |
| Interest Receivable | 30,108,000 | 24,331,000 | 24,220,000 | 22,129,000 | 16,366,000 | 16,414,000 | 16,308,000 | 13,669,000 | 12,859,000 | 12,695,000 |
| Pre-Tax Profit | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 1,000 |
| Tax | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | |||
| Profit After Tax | 2,000 | 3,000 | 2,000 | 3,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,000 |
| Dividends Paid | ||||||||||
| Retained Profit | 2,000 | 3,000 | 2,000 | 3,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,000 |
| Employee Costs | ||||||||||
| Number Of Employees | 9 | 8 | 9 | |||||||
| EBITDA* | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 1,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 696,712,000 | 695,339,000 | 402,790,000 | 395,301,000 | 356,095,000 | 283,876,000 | 278,950,000 | |||
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | 689,556,000 | 515,473,000 | 696,712,000 | 695,339,000 | ||||||
| Total Fixed Assets | 689,556,000 | 515,473,000 | 696,712,000 | 695,339,000 | 402,790,000 | 395,301,000 | 356,095,000 | 283,876,000 | 278,950,000 | |
| Stock & work in progress | ||||||||||
| Trade Debtors | ||||||||||
| Group Debtors | 7,827,000 | 197,426,000 | 609,459,000 | |||||||
| Misc Debtors | ||||||||||
| Cash | 12,000 | 13,000 | 15,000 | 18,000 | 144,000 | 15,000 | 15,000 | 15,000 | 23,000 | 23,000 |
| misc current assets | ||||||||||
| total current assets | 7,839,000 | 197,439,000 | 15,000 | 18,000 | 609,603,000 | 15,000 | 15,000 | 15,000 | 23,000 | 23,000 |
| total assets | 697,395,000 | 712,912,000 | 696,727,000 | 695,357,000 | 609,603,000 | 402,805,000 | 395,316,000 | 356,110,000 | 283,899,000 | 278,973,000 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | ||||||||||
| Group/Directors Accounts | ||||||||||
| other short term finances | 192,690,000 | |||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 7,828,000 | 4,737,000 | 4,690,000 | 4,682,000 | 3,542,000 | 1,663,000 | 1,663,000 | 991,000 | 927,000 | 923,000 |
| total current liabilities | 7,828,000 | 197,427,000 | 4,690,000 | 4,682,000 | 3,542,000 | 1,663,000 | 1,663,000 | 991,000 | 927,000 | 923,000 |
| loans | 689,496,000 | 515,416,000 | 1,383,942,000 | 1,381,222,000 | 1,212,000,000 | 802,166,000 | 787,192,000 | 355,064,000 | 282,919,000 | 277,999,000 |
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | 689,496,000 | 515,416,000 | 691,971,000 | 690,611,000 | 606,000,000 | 401,083,000 | 393,596,000 | 355,064,000 | 282,919,000 | 277,999,000 |
| total liabilities | 697,324,000 | 712,843,000 | 696,661,000 | 695,293,000 | 609,542,000 | 402,746,000 | 395,259,000 | 356,055,000 | 283,846,000 | 278,922,000 |
| net assets | 71,000 | 69,000 | 66,000 | 64,000 | 61,000 | 59,000 | 57,000 | 55,000 | 53,000 | 51,000 |
| total shareholders funds | 71,000 | 69,000 | 66,000 | 64,000 | 61,000 | 59,000 | 57,000 | 55,000 | 53,000 | 51,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 1,000 |
| Depreciation | ||||||||||
| Amortisation | ||||||||||
| Tax | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | |||
| Stock | ||||||||||
| Debtors | -15,516,000 | 16,187,000 | 1,373,000 | 85,880,000 | 609,459,000 | |||||
| Creditors | ||||||||||
| Accruals and Deferred Income | 3,091,000 | 47,000 | 8,000 | 1,140,000 | 1,879,000 | 672,000 | 64,000 | 4,000 | 923,000 | |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | 18,609,000 | -16,137,000 | -1,363,000 | -84,737,000 | -607,578,000 | 2,000 | 674,000 | 66,000 | 6,000 | 924,000 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | -192,690,000 | 192,690,000 | ||||||||
| Long term loans | 174,080,000 | -868,526,000 | 2,720,000 | 169,222,000 | 409,834,000 | 14,974,000 | 432,128,000 | 72,145,000 | 4,920,000 | 277,999,000 |
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | -18,610,000 | -675,836,000 | 2,720,000 | 169,222,000 | 409,834,000 | 14,974,000 | 432,128,000 | 72,145,000 | 4,920,000 | 278,049,000 |
| cash and cash equivalents | ||||||||||
| cash | -1,000 | -2,000 | -3,000 | -126,000 | 129,000 | -8,000 | 23,000 | |||
| overdraft | ||||||||||
| change in cash | -1,000 | -2,000 | -3,000 | -126,000 | 129,000 | -8,000 | 23,000 |
forth ports finance plc Credit Report and Business Information
Forth Ports Finance Plc Competitor Analysis
Perform a competitor analysis for forth ports finance plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in RM18 area or any other competitors across 12 key performance metrics.
forth ports finance plc Ownership
FORTH PORTS FINANCE PLC group structure
Forth Ports Finance Plc has no subsidiary companies.
Ultimate parent company
OTTER PORTS GROUP HOLDINGS LTD
#0129388
2 parents
FORTH PORTS FINANCE PLC
08735464
forth ports finance plc directors
Forth Ports Finance Plc currently has 14 directors. The longest serving directors include Mr Richard Chang (Jan 2017) and Mr Stuart Wallace (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Chang | United Kingdom | 53 years | Jan 2017 | - | Director |
| Mr Stuart Wallace | United Kingdom | 54 years | Mar 2017 | - | Director |
| Lord Robert Smith | 80 years | Oct 2018 | - | Director | |
| Mr Stephen Kynaston | 46 years | Oct 2018 | - | Director | |
| Mr Stewart Oades | 71 years | Oct 2019 | - | Director | |
| Mr Stewart Oades | England | 72 years | Oct 2019 | - | Director |
| Mr Azhar Abidi | 57 years | Feb 2020 | - | Director | |
| Mr Azhar Abidi | 57 years | Feb 2020 | - | Director | |
| Ms Martine Legare | 56 years | Jun 2020 | - | Director | |
| Mr Simon Beer | 44 years | Jan 2022 | - | Director |
P&L
December 2023turnover
3k
0%
operating profit
3k
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
71k
+0.03%
total assets
697.4m
-0.02%
cash
12k
-0.08%
net assets
Total assets minus all liabilities
forth ports finance plc company details
company number
08735464
Type
Public limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
forth ports finance limited (May 2014)
accountant
-
auditor
DELOITTE LLP
address
leslie ford house, tilbury freeport, tilbury, essex, RM18 7EH
Bank
-
Legal Advisor
-
forth ports finance plc 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 forth ports finance plc.
forth ports finance plc 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.
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forth ports finance plc Companies House Filings - See Documents
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