Pomanda estimates the enterprise value of FORQ LTD at £23.4k based on a Turnover of £7.4k and 3.14x industry multiple (adjusted for size and gross margin).
forq ltdEstimated Valuation
£224.3k
Pomanda estimates the enterprise value of FORQ LTD at £224.3k based on an EBITDA of £36.7k and a 6.12x industry multiple (adjusted for size and gross margin).
forq ltdEstimated Valuation
£98.4k
Pomanda estimates the enterprise value of FORQ LTD at £98.4k based on Net Assets of £58.5k and 1.68x industry multiple (adjusted for liquidity).
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Forq LtdOverview
Forq Ltd is a live company located in buckinghamshire, MK7 7HA with a Companies House number of 09763011. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2015, it's largest shareholder is
candice liza webb
with a 50% stake. Forq Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£7.4k with
low
growth in recent years.
Pomanda's financial health check has awarded Forq Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £7.4k, make it smaller than the average company (£993.7k)
£7.4k - Forq Ltd
£993.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.9%)
2% - Forq Ltd
5.9% - Industry AVG
Production
with a gross margin of 72.5%, this company has a comparable cost of product (72.5%)
72.5% - Forq Ltd
72.5% - Industry AVG
Profitability
an operating margin of 401.9% make it more profitable than the average company (28.4%)
401.9% - Forq Ltd
28.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Forq Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)
£34.2k - Forq Ltd
£34.2k - Industry AVG
Efficiency
resulting in sales per employee of £7.4k, this is less efficient (£197.2k)
£7.4k - Forq Ltd
£197.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Forq Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 476 days, this is slower than average (36 days)
476 days - Forq Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Forq Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Forq Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.4%, this is a higher level of debt than the average (68.7%)
88.4% - Forq Ltd
68.7% - Industry AVG
FORQ LTD financials
EXPORT
Forq Ltd's latest turnover from September 2024 is estimated at £7.4 thousand and the company has net assets of £58.5 thousand. According to their latest financial statements, we estimate that Forq Ltd has 1 employee and maintains cash reserves of £2.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Turnover
7,448
8,283
3,246
7,007
783,833
499,602
837,588
96,209
15,784
Other Income Or Grants
Cost Of Sales
2,052
2,279
921
2,146
224,945
153,941
229,532
25,011
4,197
Gross Profit
5,396
6,004
2,324
4,862
558,888
345,661
608,055
71,198
11,588
Admin Expenses
-24,539
-2,644
-4,025
-25,330
545,835
326,317
571,782
94,446
5,424
Operating Profit
29,935
8,648
6,349
30,192
13,053
19,344
36,273
-23,248
6,164
Interest Payable
11,092
13,811
14,408
6,579
Interest Receivable
178
639
320
11
7
12
12
Pre-Tax Profit
19,021
-4,524
-7,738
23,623
13,059
19,344
36,273
-23,236
6,176
Tax
-4,755
-4,488
-2,481
-3,675
-6,892
-1,235
Profit After Tax
14,266
-4,524
-7,738
19,135
10,578
15,669
29,381
-23,236
4,941
Dividends Paid
Retained Profit
14,266
-4,524
-7,738
19,135
10,578
15,669
29,381
-23,236
4,941
Employee Costs
34,235
32,241
30,831
28,535
168,556
114,827
165,245
26,178
26,620
Number Of Employees
1
1
1
1
6
4
6
1
1
EBITDA*
36,657
15,370
12,873
34,541
13,053
19,344
36,273
-23,248
6,164
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Tangible Assets
503,717
510,439
517,161
522,261
501,620
502,540
360,875
472,532
127,339
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
503,717
510,439
517,161
522,261
501,620
502,540
360,875
472,532
127,339
Stock & work in progress
Trade Debtors
34,363
94,954
6,176
602
Group Debtors
Misc Debtors
Cash
2,294
4,831
19,508
8,971
13,163
9,564
misc current assets
total current assets
2,294
4,831
19,508
8,971
13,163
34,363
94,954
6,176
10,166
total assets
506,011
515,270
536,669
531,232
514,783
536,903
455,829
478,708
137,505
Bank overdraft
Bank loan
Trade Creditors
2,677
2,836
1,186
2,700
221,912
225,104
65,183
63,187
14,392
Group/Directors Accounts
264,431
212,354
125,400
other short term finances
hp & lease commitments
other current liabilities
90,725
143,911
227,790
256,342
total current liabilities
357,833
359,101
354,376
259,042
221,912
225,104
65,183
63,187
14,392
loans
89,704
111,961
133,561
215,720
hp & lease commitments
Accruals and Deferred Income
1,000
1,500
other liabilities
255,536
284,044
378,060
433,816
118,170
provisions
total long term liabilities
89,704
111,961
133,561
215,720
255,536
285,044
379,560
433,816
118,170
total liabilities
447,537
471,062
487,937
474,762
477,448
510,148
444,743
497,003
132,562
net assets
58,474
44,208
48,732
56,470
37,335
26,755
11,086
-18,295
4,943
total shareholders funds
58,474
44,208
48,732
56,470
37,335
26,755
11,086
-18,295
4,943
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Operating Activities
Operating Profit
29,935
8,648
6,349
30,192
13,053
19,344
36,273
-23,248
6,164
Depreciation
6,722
6,722
6,524
4,349
Amortisation
Tax
-4,755
-4,488
-2,481
-3,675
-6,892
-1,235
Stock
Debtors
-34,363
-60,591
88,778
5,574
602
Creditors
-159
1,650
-1,514
-219,212
-3,192
159,921
1,996
48,795
14,392
Accruals and Deferred Income
-53,186
-83,879
-28,552
256,342
-1,000
-500
1,500
Deferred Taxes & Provisions
Cash flow from operations
-21,443
-66,859
-17,193
67,183
40,743
235,681
-55,901
19,973
18,719
Investing Activities
capital expenditure
-1,424
-24,990
920
-141,665
111,657
-345,193
-127,339
Change in Investments
cash flow from investments
-1,424
-24,990
920
-141,665
111,657
-345,193
-127,339
Financing Activities
Bank loans
Group/Directors Accounts
52,077
86,954
125,400
Other Short Term Loans
Long term loans
-22,257
-21,600
-82,159
215,720
Hire Purchase and Lease Commitments
other long term liabilities
-255,536
-28,508
-94,016
-55,756
315,646
118,170
share issue
2
-2
2
interest
-10,914
-13,172
-14,088
-6,568
7
12
12
cash flow from financing
18,906
52,182
29,153
-46,384
-28,499
-94,016
-55,756
315,656
118,184
cash and cash equivalents
cash
-2,537
-14,677
10,537
-4,192
13,163
-9,564
9,564
overdraft
change in cash
-2,537
-14,677
10,537
-4,192
13,163
-9,564
9,564
forq ltd 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 forq ltd. Get real-time insights into forq ltd's credit score, group structure and payment trends.
Perform a competitor analysis for forq ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in MK7 area or any other competitors across 12 key performance metrics.
forq ltd Ownership
FORQ LTD group structure
Forq Ltd has no subsidiary companies.
Ultimate parent company
FORQ LTD
09763011
FORQ LTD Shareholders
The largest shareholders in Forq Ltd include Candice Liza Webb and Christopher William Pow.
candice liza webb
50%
christopher william pow
50%
forq ltd directors
Forq Ltd currently has 2 directors.
The longest serving directors include
Mr Christopher Pow (Sep 2015) and
Miss Candice Webb (Sep 2015).
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 forq ltd.
forq ltd 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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