forward associates ltd
forward associates ltd Company Information
Company Number
09878280
Next Accounts
Oct 2025
Shareholders
forward associates group ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
c/o diverset ltd ferrari house, 258 field end road, ruislip, HA4 9UU
forward associates ltd Estimated Valuation
Pomanda estimates the enterprise value of FORWARD ASSOCIATES LTD at £135.1k based on a Turnover of £247.2k and 0.55x industry multiple (adjusted for size and gross margin).
forward associates ltd Estimated Valuation
Pomanda estimates the enterprise value of FORWARD ASSOCIATES LTD at £19.3k based on an EBITDA of £4.8k and a 4x industry multiple (adjusted for size and gross margin).
forward associates ltd Estimated Valuation
Pomanda estimates the enterprise value of FORWARD ASSOCIATES LTD at £9.8k based on Net Assets of £4.6k and 2.13x industry multiple (adjusted for liquidity).
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Forward Associates Ltd Overview
Forward Associates Ltd is a live company located in ruislip, HA4 9UU with a Companies House number of 09878280. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2015, it's largest shareholder is forward associates group ltd with a 100% stake. Forward Associates Ltd is a established, micro sized company, Pomanda has estimated its turnover at £247.2k with rapid growth in recent years.
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Forward Associates Ltd Health Check
Pomanda's financial health check has awarded Forward Associates 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
2 Strong
3 Regular
6 Weak
Size
annual sales of £247.2k, make it smaller than the average company (£4m)
- Forward Associates Ltd
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (8%)
- Forward Associates Ltd
8% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
- Forward Associates Ltd
38.4% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (5.6%)
- Forward Associates Ltd
5.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (24)
- Forward Associates Ltd
24 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Forward Associates Ltd
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £123.6k, this is less efficient (£153.8k)
- Forward Associates Ltd
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is near the average (39 days)
- Forward Associates Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (33 days)
- Forward Associates Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Forward Associates Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is less cash available to meet short term requirements (24 weeks)
19 weeks - Forward Associates Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.9%, this is a higher level of debt than the average (60.3%)
89.9% - Forward Associates Ltd
60.3% - Industry AVG
FORWARD ASSOCIATES LTD financials
Forward Associates Ltd's latest turnover from January 2024 is estimated at £247.2 thousand and the company has net assets of £4.6 thousand. According to their latest financial statements, we estimate that Forward Associates Ltd has 2 employees and maintains cash reserves of £15.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 183,693 | |||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 9,979 | |||||||
| Gross Profit | 173,714 | |||||||
| Admin Expenses | 18,328 | |||||||
| Operating Profit | 155,386 | |||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | 155,386 | |||||||
| Tax | -30,933 | |||||||
| Profit After Tax | 124,453 | |||||||
| Dividends Paid | 85,000 | |||||||
| Retained Profit | 39,453 | |||||||
| Employee Costs | ||||||||
| Number Of Employees | 1 | 1 | 16 | 14 | 6 | 4 | 2 | |
| EBITDA* | 155,386 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,409 | 20,985 | 5,318 | 3,458 | 4,750 | |||
| Intangible Assets | 45,000 | |||||||
| Investments & Other | 175 | |||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 12,584 | 65,985 | 5,318 | 3,458 | 4,750 | |||
| Stock & work in progress | ||||||||
| Trade Debtors | 30,000 | 74,579 | 380,778 | 100,466 | 45,870 | 11,040 | ||
| Group Debtors | 1,439 | |||||||
| Misc Debtors | 307 | 269 | 101 | 64,594 | 55,756 | |||
| Cash | 15,464 | 2,851 | 21,721 | 120,193 | 152,089 | 853,504 | 268,336 | 90,745 |
| misc current assets | ||||||||
| total current assets | 45,771 | 4,559 | 21,822 | 259,366 | 588,623 | 953,970 | 314,206 | 101,785 |
| total assets | 45,771 | 4,559 | 21,822 | 271,950 | 654,608 | 959,288 | 317,664 | 106,535 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 30,222 | 1,875 | 341 | 17,585 | 27,811 | 16,068 | 15,084 | 17,894 |
| Group/Directors Accounts | 418 | |||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 10,946 | 2,053 | 1,700 | 48,410 | 119,130 | 170,140 | 72,647 | 49,088 |
| total current liabilities | 41,168 | 3,928 | 2,459 | 65,995 | 146,941 | 186,208 | 87,731 | 66,982 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 1,974 | 478 | 9 | |||||
| total long term liabilities | 1,974 | 478 | 9 | |||||
| total liabilities | 41,168 | 3,928 | 2,459 | 65,995 | 148,915 | 186,686 | 87,740 | 66,982 |
| net assets | 4,603 | 631 | 19,363 | 205,955 | 505,693 | 772,602 | 229,924 | 39,553 |
| total shareholders funds | 4,603 | 631 | 19,363 | 205,955 | 505,693 | 772,602 | 229,924 | 39,553 |
| Jan 2024 | Jan 2023 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 155,386 | |||||||
| Depreciation | 8,576 | 9,547 | 2,650 | 2,175 | ||||
| Amortisation | 45,000 | 5,000 | ||||||
| Tax | -30,933 | |||||||
| Stock | ||||||||
| Debtors | 28,599 | 1,708 | -139,072 | -297,361 | 336,068 | 54,596 | 34,830 | 11,040 |
| Creditors | 28,347 | 1,875 | -17,244 | -10,226 | 11,743 | 984 | -2,810 | 17,894 |
| Accruals and Deferred Income | 8,893 | 2,053 | -46,710 | -70,720 | -51,010 | 97,493 | 23,559 | 49,088 |
| Deferred Taxes & Provisions | -1,974 | 1,496 | 469 | 9 | ||||
| Cash flow from operations | 180,395 | |||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -175 | 175 | ||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 418 | |||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | 100 | |||||||
| cash and cash equivalents | ||||||||
| cash | 12,613 | 2,851 | -98,472 | -31,896 | -701,415 | 585,168 | 177,591 | 90,745 |
| overdraft | ||||||||
| change in cash | 12,613 | 2,851 | -98,472 | -31,896 | -701,415 | 585,168 | 177,591 | 90,745 |
forward associates ltd Credit Report and Business Information
Forward Associates Ltd Competitor Analysis
Perform a competitor analysis for forward associates ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in HA4 area or any other competitors across 12 key performance metrics.
forward associates ltd Ownership
FORWARD ASSOCIATES LTD group structure
Forward Associates Ltd has no subsidiary companies.
forward associates ltd directors
Forward Associates Ltd currently has 3 directors. The longest serving directors include Mr Roy Westwood (Jan 2016) and Mr Christopher Bray (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roy Westwood | United Kingdom | 49 years | Jan 2016 | - | Director |
| Mr Christopher Bray | 53 years | Apr 2023 | - | Director | |
| Mr Richard Still | England | 59 years | Apr 2023 | - | Director |
P&L
January 2024turnover
247.2k
+195%
operating profit
4.8k
0%
gross margin
38.4%
-0.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
4.6k
+6.29%
total assets
45.8k
+9.04%
cash
15.5k
+4.42%
net assets
Total assets minus all liabilities
forward associates ltd company details
company number
09878280
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
DIVERSET LIMITED
auditor
-
address
c/o diverset ltd ferrari house, 258 field end road, ruislip, HA4 9UU
Bank
-
Legal Advisor
-
forward associates ltd 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 forward associates ltd.
forward associates 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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forward associates ltd Companies House Filings - See Documents
| date | description | view/download |
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