Pomanda estimates the enterprise value of FORA SPACE LIMITED at £248.8m based on a Turnover of £84.2m and 2.95x industry multiple (adjusted for size and gross margin).
fora space limitedEstimated Valuation
£113.9m
Pomanda estimates the enterprise value of FORA SPACE LIMITED at £113.9m based on an EBITDA of £19.7m and a 5.78x industry multiple (adjusted for size and gross margin).
fora space limitedEstimated Valuation
£128.5m
Pomanda estimates the enterprise value of FORA SPACE LIMITED at £128.5m based on Net Assets of £73.6m and 1.75x industry multiple (adjusted for liquidity).
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Fora Space LimitedOverview
Fora Space Limited is a live company located in london, W1F 0UB with a Companies House number of 09826907. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2015, it's largest shareholder is
cheetah holdco limited
with a 100% stake. Fora Space Limited is a established,
large sized company, Pomanda has estimated its turnover at
£84.2m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Fora Space Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
6 Strong
0 Regular
6 Weak
Size
annual sales of £84.2m, make it larger than the average company (£1.1m)
£84.2m - Fora Space Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (3.6%)
38% - Fora Space Limited
3.6% - Industry AVG
Production
with a gross margin of -19.5%, this company has a higher cost of product (71%)
-19.5% - Fora Space Limited
71% - Industry AVG
Profitability
an operating margin of -23.6% make it less profitable than the average company (21.6%)
-23.6% - Fora Space Limited
21.6% - Industry AVG
Employees
with 176 employees, this is above the industry average (4)
176 - Fora Space Limited
4 - Industry AVG
Pay Structure
on an average salary of £63.3k, the company has a higher pay structure (£33.1k)
£63.3k - Fora Space Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £478.4k, this is more efficient (£202.7k)
£478.4k - Fora Space Limited
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (33 days)
24 days - Fora Space Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (34 days)
4 days - Fora Space Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (53 days)
3 days - Fora Space Limited
53 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (10 weeks)
3 weeks - Fora Space Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.5%, this is a higher level of debt than the average (71.6%)
83.5% - Fora Space Limited
71.6% - Industry AVG
FORA SPACE LIMITED financials
EXPORT
Fora Space Limited's latest turnover from December 2023 is £84.2 million and the company has net assets of £73.6 million. According to their latest financial statements, Fora Space Limited has 176 employees and maintains cash reserves of £5.1 million 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
Turnover
84,200,487
57,520,768
33,793,728
31,912,291
23,199,814
6,977,938
1,979,182
Other Income Or Grants
Cost Of Sales
100,592,040
69,067,458
53,036,471
50,522,009
38,150,436
2,206,068
579,509
Gross Profit
-16,391,553
-11,546,690
-19,242,743
-18,609,718
-14,950,622
4,771,870
1,399,673
Admin Expenses
3,481,261
-386,033
-696,313
14,798,589
7,031,713
2,925,132
Operating Profit
-19,872,814
-11,546,690
-18,856,710
-17,913,405
-14,950,622
-10,026,719
-5,632,040
-2,925,132
Interest Payable
14,402,175
12,763,515
10,864,300
10,021,203
7,210,792
Interest Receivable
157
67
6,401
8,511
Pre-Tax Profit
-34,274,832
-24,254,302
-29,713,970
-27,934,608
-22,152,903
-10,022,709
-5,631,199
-2,924,970
Tax
-408,859
16,924,082
123,471
54,249
23,894
Profit After Tax
-34,683,691
-7,330,220
-29,590,499
-27,880,359
-22,129,009
-10,022,709
-5,631,199
-2,924,970
Dividends Paid
Retained Profit
-34,683,691
-7,330,220
-29,590,499
-27,880,359
-22,129,009
-10,022,709
-5,631,199
-2,924,970
Employee Costs
11,133,469
10,524,556
6,759,549
6,393,063
6,033,763
3,697,339
2,015,154
1,040,649
Number Of Employees
176
180
162
155
148
94
35
6
EBITDA*
19,719,247
19,144,270
6,399,096
4,078,865
-10,535,797
-8,572,469
-5,221,233
-2,925,132
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Tangible Assets
96,721,458
99,359,008
308,239,148
268,260,924
234,417,307
21,676,534
4,382,572
3,546,437
Intangible Assets
330,301,258
364,390,518
Investments & Other
Debtors (Due After 1 year)
7,629,316
7,629,316
3,600,000
3,948,000
3,948,000
Total Fixed Assets
427,022,716
463,749,526
308,239,148
268,260,924
234,417,307
21,676,534
4,382,572
3,546,437
Stock & work in progress
865,211
707,388
496,885
477,662
337,363
233,617
12,879
Trade Debtors
5,732,563
751,018
143,008
888,568
625,605
403,799
19,043
Group Debtors
1,785,448
Misc Debtors
5,971,590
7,309,846
3,301,790
2,163,194
2,755,864
2,776,684
621,240
162,604
Cash
5,099,488
11,800,650
9,286,567
2,268,376
2,800,892
862,637
206,619
129,926
misc current assets
17,619
total current assets
19,454,300
20,589,821
13,351,721
5,852,049
6,543,618
4,294,356
859,781
292,530
total assets
446,477,016
484,339,347
321,590,869
274,112,973
240,960,925
25,970,890
5,242,353
3,838,967
Bank overdraft
Bank loan
Trade Creditors
1,266,282
3,532,846
2,812,357
971,999
4,190,740
2,001,693
846,242
165,121
Group/Directors Accounts
134,644,713
106,304,942
79,302,923
30,019,313
10,791,428
3,076,532
other short term finances
1,552,446
4,198,913
1,248,641
hp & lease commitments
20,516,024
13,824,095
10,057,283
10,693,506
8,393,983
other current liabilities
53,705,396
35,430,645
9,314,655
10,304,133
6,816,723
7,511,143
2,160,851
3,522,283
total current liabilities
77,040,148
56,986,499
158,077,649
128,274,580
98,704,369
39,532,149
13,798,521
6,763,936
loans
591,728,470
635,865,410
513,348,692
418,818,040
355,893,648
hp & lease commitments
295,864,235
316,380,259
250,922,987
209,409,020
177,946,824
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
295,864,235
317,932,705
256,674,346
209,409,020
177,946,824
total liabilities
372,904,383
374,919,204
414,751,995
337,683,600
276,651,193
39,532,149
13,798,521
6,763,936
net assets
73,572,633
109,420,143
-93,161,126
-63,570,627
-35,690,268
-13,561,259
-8,556,168
-2,924,969
total shareholders funds
73,572,633
109,420,143
-93,161,126
-63,570,627
-35,690,268
-13,561,259
-8,556,168
-2,924,969
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
-19,872,814
-11,546,690
-18,856,710
-17,913,405
-14,950,622
-10,026,719
-5,632,040
-2,925,132
Depreciation
9,443,785
30,247,105
25,255,806
21,992,270
4,414,825
1,454,250
410,807
Amortisation
30,148,276
443,855
Tax
-408,859
16,924,082
123,471
54,249
23,894
Stock
157,823
210,503
19,223
140,299
103,746
220,738
12,879
Debtors
5,428,737
8,645,382
45,036
-329,707
4,148,986
2,540,200
477,679
162,604
Creditors
-2,266,564
720,489
1,840,358
-3,218,741
2,189,047
1,155,451
681,121
165,121
Accruals and Deferred Income
18,274,751
26,115,990
-989,478
3,487,410
-694,420
5,350,292
-1,361,432
3,522,283
Deferred Taxes & Provisions
Cash flow from operations
29,732,015
54,048,946
7,309,188
4,591,191
-13,270,008
-4,827,664
-6,392,102
599,668
Investing Activities
capital expenditure
-2,865,251
-186,201,338
-65,234,030
-55,835,887
-217,155,598
-18,748,212
-1,246,942
-3,546,437
Change in Investments
cash flow from investments
-2,865,251
-186,201,338
-65,234,030
-55,835,887
-217,155,598
-18,748,212
-1,246,942
-3,546,437
Financing Activities
Bank loans
Group/Directors Accounts
-134,644,713
28,339,771
27,002,019
49,283,610
19,227,885
7,714,896
3,076,532
Other Short Term Loans
-2,646,467
2,950,272
1,248,641
Long term loans
-44,136,940
122,516,718
94,530,652
62,924,392
355,893,648
Hire Purchase and Lease Commitments
-13,824,095
69,224,084
40,877,744
33,761,719
186,340,807
other long term liabilities
share issue
-1,163,819
209,911,489
5,017,618
1
interest
-14,402,018
-12,763,448
-10,857,899
-10,021,203
-7,202,281
cash flow from financing
-76,173,339
257,194,402
154,138,909
113,666,927
584,315,784
24,245,503
7,714,896
3,076,533
cash and cash equivalents
cash
-6,701,162
2,514,083
7,018,191
-532,516
1,938,255
656,018
76,693
129,926
overdraft
change in cash
-6,701,162
2,514,083
7,018,191
-532,516
1,938,255
656,018
76,693
129,926
fora space 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 fora space limited. Get real-time insights into fora space limited's credit score, group structure and payment trends.
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68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
CHEETAH-WILD HOLDCO LTD
accounts
Full Accounts
last accounts submitted
December 2023
previous names
brockton noodle uk limited (February 2016)
accountant
-
auditor
DELOITTE LLP
address
89 wardour street, london, W1F 0UB
Bank
-
Legal Advisor
-
fora space 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 found 9 charges/mortgages relating to fora space limited. Currently there are 1 open charges and 8 have been satisfied in the past.
fora space 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.
Click to start generating capital raising & share issue transactions for FORA SPACE LIMITED. This can take several minutes, an email will notify you when this has completed.
fora space limitedCompanies House Filings - See Documents
