forever worldwide limited

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forever worldwide limited Company Information

Share FOREVER WORLDWIDE LIMITED

Company Number

09166319

Shareholders

andrew paul swaisland

gary michael haberfield

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Group Structure

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Industry

Business and domestic software development

 

Registered Address

1 high street, thatcham, berks, RG19 3JG

Website

-

forever worldwide limited Estimated Valuation

£300

Pomanda estimates the enterprise value of FOREVER WORLDWIDE LIMITED at £300 based on a Turnover of £443 and 0.68x industry multiple (adjusted for size and gross margin).

forever worldwide limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FOREVER WORLDWIDE LIMITED at £0 based on an EBITDA of £-14 and a 4.18x industry multiple (adjusted for size and gross margin).

forever worldwide limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FOREVER WORLDWIDE LIMITED at £0 based on Net Assets of £-31.1k and 2.37x industry multiple (adjusted for liquidity).

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Forever Worldwide Limited Overview

Forever Worldwide Limited is a live company located in berks, RG19 3JG with a Companies House number of 09166319. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2014, it's largest shareholder is andrew paul swaisland with a 40% stake. Forever Worldwide Limited is a established, micro sized company, Pomanda has estimated its turnover at £443.5 with unknown growth in recent years.

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Forever Worldwide Limited Health Check

Pomanda's financial health check has awarded Forever Worldwide Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £443.5, make it smaller than the average company (£3.5m)

£443.5 - Forever Worldwide Limited

£3.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Forever Worldwide Limited

- - Industry AVG

production

Production

with a gross margin of 42.3%, this company has a higher cost of product (72.3%)

42.3% - Forever Worldwide Limited

72.3% - Industry AVG

profitability

Profitability

an operating margin of -3.2% make it less profitable than the average company (3.7%)

-3.2% - Forever Worldwide Limited

3.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (31)

1 - Forever Worldwide Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £66.8k, the company has an equivalent pay structure (£66.8k)

£66.8k - Forever Worldwide Limited

£66.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £443.5, this is less efficient (£113.4k)

£443.5 - Forever Worldwide Limited

£113.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Forever Worldwide Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 769 days, this is slower than average (44 days)

769 days - Forever Worldwide Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Forever Worldwide Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)

0 weeks - Forever Worldwide Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 196.7%, this is a higher level of debt than the average (61.2%)

196.7% - Forever Worldwide Limited

61.2% - Industry AVG

FOREVER WORLDWIDE LIMITED financials

EXPORTms excel logo

Forever Worldwide Limited's latest turnover from August 2023 is estimated at £444 and the company has net assets of -£31.1 thousand. According to their latest financial statements, we estimate that Forever Worldwide Limited has 1 employee and maintains cash reserves of £269 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015
Turnover4443973402801,88400
Other Income Or Grants000000000
Cost Of Sales2562241901601,06700
Gross Profit18817315012081700
Admin Expenses20272158125246130,94200
Operating Profit-14-548-43-12-40-461-30,12500
Interest Payable000000000
Interest Receivable1430010000
Pre-Tax Profit0-545-43-12-39-461-30,12500
Tax000000000
Profit After Tax0-545-43-12-39-461-30,12500
Dividends Paid000000000
Retained Profit0-545-43-12-39-461-30,12500
Employee Costs66,83363,00058,949059,234056,29600
Number Of Employees111010100
EBITDA*-14-548-43-12-40-461-30,12500

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015
Tangible Assets000000000
Intangible Assets31,66731,66731,66731,66731,66731,66731,66700
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets31,66731,66731,66731,66731,66731,66731,66700
Stock & work in progress000000000
Trade Debtors00000054100
Group Debtors000000000
Misc Debtors25525524625515101001000
Cash269269635716675500
misc current assets000000000
total current assets52452430931231776961000
total assets32,19132,19131,97631,97931,98431,67432,3631000
Bank overdraft000000000
Bank loan000000000
Trade Creditors 5405404004003,60100
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities62,77662,77662,51662,51662,46962,16058,78700
total current liabilities63,31663,31662,55662,51662,50962,16062,38800
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities000000000
provisions000000000
total long term liabilities000000000
total liabilities63,31663,31662,55662,51662,50962,16062,38800
net assets-31,125-31,125-30,580-30,537-30,525-30,486-30,0251000
total shareholders funds-31,125-31,125-30,580-30,537-30,525-30,486-30,0251000
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015
Operating Activities
Operating Profit-14-548-43-12-40-461-30,12500
Depreciation000000000
Amortisation000000000
Tax000000000
Stock000000000
Debtors09-9104151-6415411000
Creditors050040-4040-3,6013,60100
Accruals and Deferred Income02600473093,37358,78700
Deferred Taxes & Provisions000000000
Cash flow from operations-142036-109158-4831,722-1000
Investing Activities
capital expenditure000000-31,66700
Change in Investments000000000
cash flow from investments000000-31,66700
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue00000001000
interest1430010000
cash flow from financing143001001000
cash and cash equivalents
cash02066-109159-485500
overdraft000000000
change in cash02066-109159-485500

forever worldwide limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for forever worldwide limited. Get real-time insights into forever worldwide limited's credit score, group structure and payment trends.

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Forever Worldwide Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for forever worldwide limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in RG19 area or any other competitors across 12 key performance metrics.

forever worldwide limited Ownership

FOREVER WORLDWIDE LIMITED group structure

Forever Worldwide Limited has no subsidiary companies.

Ultimate parent company

FOREVER WORLDWIDE LIMITED

09166319

FOREVER WORLDWIDE LIMITED Shareholders

andrew paul swaisland 40%
gary michael haberfield 20%
david peter harber 20%
chris jeffries 20%

forever worldwide limited directors

Forever Worldwide Limited currently has 3 directors. The longest serving directors include Mr Andrew Swaisland (Aug 2015) and Mr Christopher Jeffries (Jan 2016).

officercountryagestartendrole
Mr Andrew SwaislandEngland57 years Aug 2015- Director
Mr Christopher JeffriesEngland47 years Jan 2016- Director
Mr David HarberEngland48 years Jan 2016- Director

P&L

August 2023

turnover

443.5

+12%

operating profit

-14.1

0%

gross margin

42.3%

-2.99%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

-31.1k

0%

total assets

32.2k

0%

cash

269

0%

net assets

Total assets minus all liabilities

forever worldwide limited company details

company number

09166319

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

August 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

August 2023

previous names

N/A

accountant

C B HESLOP & COMPANY LIMITED

auditor

-

address

1 high street, thatcham, berks, RG19 3JG

Bank

-

Legal Advisor

-

forever worldwide 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 forever worldwide limited.

forever worldwide 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.

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forever worldwide limited Companies House Filings - See Documents

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