forient limited
forient limited Company Information
Company Number
09340338
Next Accounts
Sep 2025
Shareholders
richard fairbairn
denis haman
Group Structure
View All
Industry
Business and domestic software development
Registered Address
unit 8 8 orsman road, london, N1 5QJ
Website
www.forient.comforient limited Estimated Valuation
Pomanda estimates the enterprise value of FORIENT LIMITED at £949.3k based on a Turnover of £1.4m and 0.69x industry multiple (adjusted for size and gross margin).
forient limited Estimated Valuation
Pomanda estimates the enterprise value of FORIENT LIMITED at £0 based on an EBITDA of £-26.7k and a 4.18x industry multiple (adjusted for size and gross margin).
forient limited Estimated Valuation
Pomanda estimates the enterprise value of FORIENT LIMITED at £1m based on Net Assets of £438.8k and 2.38x industry multiple (adjusted for liquidity).
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Forient Limited Overview
Forient Limited is a live company located in london, N1 5QJ with a Companies House number of 09340338. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2014, it's largest shareholder is richard fairbairn with a 50% stake. Forient Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.
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Forient Limited Health Check
Pomanda's financial health check has awarded Forient Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£4.5m)
- Forient Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (10.2%)
- Forient Limited
10.2% - Industry AVG
Production
with a gross margin of 41.8%, this company has a higher cost of product (72%)
- Forient Limited
72% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (3.4%)
- Forient Limited
3.4% - Industry AVG
Employees
with 7 employees, this is below the industry average (42)
- Forient Limited
42 - Industry AVG
Pay Structure
on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)
- Forient Limited
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £198k, this is more efficient (£121.9k)
- Forient Limited
£121.9k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (58 days)
- Forient Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (41 days)
- Forient Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Forient Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Forient Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.5%, this is a lower level of debt than the average (62.9%)
1.5% - Forient Limited
62.9% - Industry AVG
FORIENT LIMITED financials
Forient Limited's latest turnover from December 2023 is estimated at £1.4 million and the company has net assets of £438.8 thousand. According to their latest financial statements, we estimate that Forient Limited has 7 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | |||||||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,468 | 2,010 | 4,120 | 5,136 | 7,507 | 3,704 | 1,757 | 1,291 | |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 1,468 | 2,010 | 4,120 | 5,136 | 7,507 | 3,704 | 1,757 | 1,291 | |
| Stock & work in progress | |||||||||
| Trade Debtors | 444,079 | 468,196 | 648,088 | 739,739 | 157,315 | 164,180 | 245,340 | 212,388 | 2,554 |
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 315,735 | 594,429 | 177,942 | 279,356 | 66,232 | ||||
| misc current assets | |||||||||
| total current assets | 444,079 | 468,196 | 648,088 | 739,739 | 473,050 | 758,609 | 423,282 | 491,744 | 68,786 |
| total assets | 445,547 | 470,206 | 652,208 | 744,875 | 480,557 | 762,313 | 425,039 | 493,035 | 68,786 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 6,750 | 4,750 | 44,680 | 141,000 | 27,537 | 4,000 | 184,042 | 35,324 | |
| Group/Directors Accounts | 22,451 | 451 | 451 | ||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 26,013 | 134,374 | 89,560 | ||||||
| total current liabilities | 6,750 | 4,750 | 44,680 | 141,000 | 48,464 | 162,362 | 94,011 | 184,042 | 35,324 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 6,750 | 4,750 | 44,680 | 141,000 | 48,464 | 162,362 | 94,011 | 184,042 | 35,324 |
| net assets | 438,797 | 465,456 | 607,528 | 603,875 | 432,093 | 599,951 | 331,028 | 308,993 | 33,462 |
| total shareholders funds | 438,797 | 465,456 | 607,528 | 603,875 | 432,093 | 599,951 | 331,028 | 308,993 | 33,462 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,371 | 1,137 | 323 | ||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -24,117 | -179,892 | -91,651 | 582,424 | -6,865 | -81,160 | 32,952 | 209,834 | 2,554 |
| Creditors | 2,000 | -39,930 | -96,320 | 141,000 | -27,537 | 23,537 | -180,042 | 148,718 | 35,324 |
| Accruals and Deferred Income | -26,013 | -108,361 | 44,814 | 89,560 | |||||
| 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 | -22,451 | 22,000 | 451 | ||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -315,735 | -278,694 | 416,487 | -101,414 | 213,124 | 66,232 | |||
| overdraft | |||||||||
| change in cash | -315,735 | -278,694 | 416,487 | -101,414 | 213,124 | 66,232 |
forient limited Credit Report and Business Information
Forient Limited Competitor Analysis
Perform a competitor analysis for forient limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in N 1 area or any other competitors across 12 key performance metrics.
forient limited Ownership
FORIENT LIMITED group structure
Forient Limited has no subsidiary companies.
Ultimate parent company
FORIENT LIMITED
09340338
forient limited directors
Forient Limited currently has 2 directors. The longest serving directors include Mr Alan Fairbairn (Dec 2014) and Mr Denis Haman (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Fairbairn | England | 54 years | Dec 2014 | - | Director |
| Mr Denis Haman | England | 49 years | Jan 2022 | - | Director |
P&L
December 2023turnover
1.4m
-2%
operating profit
-26.7k
0%
gross margin
41.9%
-0.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
438.8k
-0.06%
total assets
445.5k
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
forient limited company details
company number
09340338
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
unit 8 8 orsman road, london, N1 5QJ
Bank
-
Legal Advisor
-
forient 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 forient limited.
forient 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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forient limited Companies House Filings - See Documents
| date | description | view/download |
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