forward support limited
forward support limited Company Information
Group Structure
View All
Industry
Residential care activities for learning disabilities, mental health and substance abuse
Registered Address
suite 501, unit 2 94a wycliffe road, northampton, NN1 5JF
Website
www.forwardsupport.comforward support limited Estimated Valuation
Pomanda estimates the enterprise value of FORWARD SUPPORT LIMITED at £821.7k based on a Turnover of £1m and 0.81x industry multiple (adjusted for size and gross margin).
forward support limited Estimated Valuation
Pomanda estimates the enterprise value of FORWARD SUPPORT LIMITED at £0 based on an EBITDA of £-245.2k and a 5.08x industry multiple (adjusted for size and gross margin).
forward support limited Estimated Valuation
Pomanda estimates the enterprise value of FORWARD SUPPORT LIMITED at £0 based on Net Assets of £-222k and 3.39x industry multiple (adjusted for liquidity).
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Forward Support Limited Overview
Forward Support Limited is a live company located in northampton, NN1 5JF with a Companies House number of 10060114. It operates in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in March 2016, it's largest shareholder is mukund patel with a 100% stake. Forward Support Limited is a young, small sized company, Pomanda has estimated its turnover at £1m with high growth in recent years.
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Forward Support Limited Health Check
Pomanda's financial health check has awarded Forward Support Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1m, make it smaller than the average company (£2.7m)
- Forward Support Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.4%)
- Forward Support Limited
6.4% - Industry AVG
Production
with a gross margin of 35.7%, this company has a comparable cost of product (35.7%)
- Forward Support Limited
35.7% - Industry AVG
Profitability
an operating margin of -24.9% make it less profitable than the average company (7.3%)
- Forward Support Limited
7.3% - Industry AVG
Employees
with 16 employees, this is below the industry average (63)
16 - Forward Support Limited
63 - Industry AVG
Pay Structure
on an average salary of £24.3k, the company has an equivalent pay structure (£24.3k)
- Forward Support Limited
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £63.2k, this is more efficient (£39.8k)
- Forward Support Limited
£39.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Forward Support Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (10 days)
- Forward Support Limited
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Forward Support Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (46 weeks)
0 weeks - Forward Support Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 282.8%, this is a higher level of debt than the average (39.2%)
282.8% - Forward Support Limited
39.2% - Industry AVG
FORWARD SUPPORT LIMITED financials
Forward Support Limited's latest turnover from June 2023 is estimated at £1 million and the company has net assets of -£222 thousand. According to their latest financial statements, Forward Support Limited has 16 employees and maintains cash reserves of £1.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 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 | 16 | 25 | 26 | 29 | 21 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,501 | 1,706 | 2,132 | 9,840 | 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 | 24,501 | 1,706 | 2,132 | 9,840 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 1,510 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 95,491 | 178,406 | 286,857 | 127,719 | 96,487 | 17,377 | 0 |
| Cash | 1,440 | 105,664 | 100,644 | 170,155 | 55,069 | 285,473 | 190,371 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 96,931 | 284,070 | 387,501 | 297,874 | 151,556 | 304,360 | 190,371 |
| total assets | 121,432 | 285,776 | 389,633 | 307,714 | 151,556 | 304,360 | 190,371 |
| Bank overdraft | 11,916 | 11,921 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 101,723 | 74,973 | 48,151 | 25,129 | 0 | 0 | 22,500 |
| Group/Directors Accounts | 29,172 | 0 | 0 | 0 | 0 | 0 | 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 | 96,591 | 78,170 | 19,649 | 23,995 | 20,660 | 56,432 | 114,119 |
| total current liabilities | 239,402 | 165,064 | 67,800 | 49,124 | 20,660 | 56,432 | 136,619 |
| loans | 104,009 | 82,448 | 99,066 | 100,000 | 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 | 104,009 | 82,448 | 99,066 | 100,000 | 0 | 0 | 0 |
| total liabilities | 343,411 | 247,512 | 166,866 | 149,124 | 20,660 | 56,432 | 136,619 |
| net assets | -221,979 | 38,264 | 222,767 | 158,590 | 130,896 | 247,928 | 53,752 |
| total shareholders funds | -221,979 | 38,264 | 222,767 | 158,590 | 130,896 | 247,928 | 53,752 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 6,125 | 426 | 533 | 2,460 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -82,915 | -108,451 | 159,138 | 31,232 | 77,600 | 18,887 | 0 |
| Creditors | 26,750 | 26,822 | 23,022 | 25,129 | 0 | -22,500 | 22,500 |
| Accruals and Deferred Income | 18,421 | 58,521 | -4,346 | 3,335 | -35,772 | -57,687 | 114,119 |
| 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 | 29,172 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 21,561 | -16,618 | -934 | 100,000 | 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 | -104,224 | 5,020 | -69,511 | 115,086 | -230,404 | 95,102 | 190,371 |
| overdraft | -5 | 11,921 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -104,219 | -6,901 | -69,511 | 115,086 | -230,404 | 95,102 | 190,371 |
forward support limited Credit Report and Business Information
Forward Support Limited Competitor Analysis
Perform a competitor analysis for forward support limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in NN1 area or any other competitors across 12 key performance metrics.
forward support limited Ownership
FORWARD SUPPORT LIMITED group structure
Forward Support Limited has no subsidiary companies.
Ultimate parent company
FORWARD SUPPORT LIMITED
10060114
forward support limited directors
Forward Support Limited currently has 1 director, Mr Mukund Patel serving since Dec 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mukund Patel | England | 54 years | Dec 2022 | - | Director |
P&L
June 2023turnover
1m
-7%
operating profit
-251.4k
0%
gross margin
35.7%
+2.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-222k
-6.8%
total assets
121.4k
-0.58%
cash
1.4k
-0.99%
net assets
Total assets minus all liabilities
forward support limited company details
company number
10060114
Type
Private limited with Share Capital
industry
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
PRECISION LTD
auditor
-
address
suite 501, unit 2 94a wycliffe road, northampton, NN1 5JF
Bank
-
Legal Advisor
-
forward support 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 forward support limited.
forward support 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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forward support limited Companies House Filings - See Documents
| date | description | view/download |
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