fortrams develop limited
fortrams develop limited Company Information
Company Number
09894085
Next Accounts
Dec 2024
Industry
Development of building projects
Shareholders
karen mary fortunato
philip andrew ramsell
Group Structure
View All
Contact
Registered Address
the old dairy 12 stephen road, headington, oxford, OX3 9AY
Website
-fortrams develop limited Estimated Valuation
Pomanda estimates the enterprise value of FORTRAMS DEVELOP LIMITED at £295.9k based on a Turnover of £542.4k and 0.55x industry multiple (adjusted for size and gross margin).
fortrams develop limited Estimated Valuation
Pomanda estimates the enterprise value of FORTRAMS DEVELOP LIMITED at £0 based on an EBITDA of £-71.2k and a 3.83x industry multiple (adjusted for size and gross margin).
fortrams develop limited Estimated Valuation
Pomanda estimates the enterprise value of FORTRAMS DEVELOP LIMITED at £1.6k based on Net Assets of £998 and 1.56x industry multiple (adjusted for liquidity).
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Fortrams Develop Limited Overview
Fortrams Develop Limited is a live company located in oxford, OX3 9AY with a Companies House number of 09894085. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2015, it's largest shareholder is karen mary fortunato with a 50% stake. Fortrams Develop Limited is a young, small sized company, Pomanda has estimated its turnover at £542.4k with declining growth in recent years.
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Fortrams Develop Limited Health Check
Pomanda's financial health check has awarded Fortrams Develop Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £542.4k, make it smaller than the average company (£2.1m)
- Fortrams Develop Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (2.1%)
- Fortrams Develop Limited
2.1% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Fortrams Develop Limited
25.8% - Industry AVG
Profitability
an operating margin of -13.1% make it less profitable than the average company (8.7%)
- Fortrams Develop Limited
8.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Fortrams Develop Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.2k, the company has an equivalent pay structure (£46.2k)
- Fortrams Develop Limited
£46.2k - Industry AVG
Efficiency
resulting in sales per employee of £271.2k, this is equally as efficient (£271.2k)
- Fortrams Develop Limited
£271.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Fortrams Develop Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Fortrams Develop Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fortrams Develop Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 65 weeks, this is more cash available to meet short term requirements (13 weeks)
65 weeks - Fortrams Develop Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.1%, this is a lower level of debt than the average (74.5%)
60.1% - Fortrams Develop Limited
74.5% - Industry AVG
FORTRAMS DEVELOP LIMITED financials
Fortrams Develop Limited's latest turnover from March 2023 is estimated at £542.4 thousand and the company has net assets of £998. According to their latest financial statements, Fortrams Develop Limited has 2 employees and maintains cash reserves of £1.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 1,264,787 | 727,318 | 545,648 | 519,464 | 499,363 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 612 | 126,167 | 194 | 15,952 | 26,133 | 26,717 | 1,855 |
| Cash | 1,886 | 243 | 6,952 | 113,554 | 2,394 | 24,886 | 71,374 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,498 | 126,410 | 1,271,933 | 856,824 | 574,175 | 571,067 | 572,592 |
| total assets | 2,498 | 126,410 | 1,271,933 | 856,824 | 574,175 | 571,067 | 572,592 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 576,130 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,500 | 54,242 | 1,284,865 | 867,394 | 583,305 | 2,574 | 578,181 |
| total current liabilities | 1,500 | 54,242 | 1,284,865 | 867,394 | 583,305 | 578,704 | 578,181 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,500 | 54,242 | 1,284,865 | 867,394 | 583,305 | 578,704 | 578,181 |
| net assets | 998 | 72,168 | -12,932 | -10,570 | -9,130 | -7,637 | -5,589 |
| total shareholders funds | 998 | 72,168 | -12,932 | -10,570 | -9,130 | -7,637 | -5,589 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | -1,264,787 | 537,469 | 181,670 | 26,184 | 20,101 | 499,363 |
| Debtors | -125,555 | 125,973 | -15,758 | -10,181 | -584 | 24,862 | 1,855 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -52,742 | -1,230,623 | 417,471 | 284,089 | 580,731 | -575,607 | 578,181 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -576,130 | 576,130 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 1,643 | -6,709 | -106,602 | 111,160 | -22,492 | -46,488 | 71,374 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,643 | -6,709 | -106,602 | 111,160 | -22,492 | -46,488 | 71,374 |
fortrams develop limited Credit Report and Business Information
Fortrams Develop Limited Competitor Analysis
Perform a competitor analysis for fortrams develop limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in OX3 area or any other competitors across 12 key performance metrics.
fortrams develop limited Ownership
FORTRAMS DEVELOP LIMITED group structure
Fortrams Develop Limited has no subsidiary companies.
Ultimate parent company
FORTRAMS DEVELOP LIMITED
09894085
fortrams develop limited directors
Fortrams Develop Limited currently has 2 directors. The longest serving directors include Mr Philip Ramsell (Nov 2015) and Mrs Karen Fortunato (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Ramsell | 65 years | Nov 2015 | - | Director | |
| Mrs Karen Fortunato | United Kingdom | 60 years | Nov 2015 | - | Director |
P&L
March 2023turnover
542.4k
-2%
operating profit
-71.2k
0%
gross margin
25.8%
+8.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
998
-0.99%
total assets
2.5k
-0.98%
cash
1.9k
+6.76%
net assets
Total assets minus all liabilities
fortrams develop limited company details
company number
09894085
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
COX HINKINS & CO LIMITED
auditor
-
address
the old dairy 12 stephen road, headington, oxford, OX3 9AY
Bank
-
Legal Advisor
-
fortrams develop 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 fortrams develop limited.
fortrams develop 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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fortrams develop limited Companies House Filings - See Documents
| date | description | view/download |
|---|
