fortissimo group limited Company Information
Company Number
10267274
Next Accounts
Jan 2025
Shareholders
william salomon
harry hyman
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
c/o begbies traynor 31st floor, 40 bank street, london, E14 5NR
Website
consciouschocolate.comfortissimo group limited Estimated Valuation
Pomanda estimates the enterprise value of FORTISSIMO GROUP LIMITED at £1.3m based on a Turnover of £3.2m and 0.42x industry multiple (adjusted for size and gross margin).
fortissimo group limited Estimated Valuation
Pomanda estimates the enterprise value of FORTISSIMO GROUP LIMITED at £170.9k based on an EBITDA of £55.3k and a 3.09x industry multiple (adjusted for size and gross margin).
fortissimo group limited Estimated Valuation
Pomanda estimates the enterprise value of FORTISSIMO GROUP LIMITED at £3.8m based on Net Assets of £1.8m and 2.13x industry multiple (adjusted for liquidity).
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Fortissimo Group Limited Overview
Fortissimo Group Limited is a dissolved company that was located in london, E14 5NR with a Companies House number of 10267274. It operated in the activities of head offices sector, SIC Code 70100. Founded in July 2016, it's largest shareholder was william salomon with a 50% stake. The last turnover for Fortissimo Group Limited was estimated at £3.2m.
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Fortissimo Group Limited Health Check
Pomanda's financial health check has awarded Fortissimo Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£16.8m)
- Fortissimo Group Limited
£16.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (0.4%)
- Fortissimo Group Limited
0.4% - Industry AVG
Production
with a gross margin of 18%, this company has a higher cost of product (32.6%)
- Fortissimo Group Limited
32.6% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (5.4%)
- Fortissimo Group Limited
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (110)
2 - Fortissimo Group Limited
110 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Fortissimo Group Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£173.5k)
- Fortissimo Group Limited
£173.5k - Industry AVG
Debtor Days
it gets paid by customers after 188 days, this is later than average (47 days)
- Fortissimo Group Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (46 days)
- Fortissimo Group Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fortissimo Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (18 weeks)
12 weeks - Fortissimo Group Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.8%, this is a lower level of debt than the average (58.6%)
0.8% - Fortissimo Group Limited
58.6% - Industry AVG
FORTISSIMO GROUP LIMITED financials
Fortissimo Group Limited's latest turnover from December 2021 is estimated at £3.2 million and the company has net assets of £1.8 million. According to their latest financial statements, Fortissimo Group Limited has 2 employees and maintains cash reserves of £3.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 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 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 101,163 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 120,986 | 101,163 | 101,163 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 120,986 | 101,163 | 101,163 | 101,163 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 1,673,836 | 1,012,449 | 873,038 | 659,689 | 27,671 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 |
Cash | 3,320 | 11,454 | 10,925 | 0 | 1,494 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,677,156 | 1,023,903 | 883,963 | 659,689 | 29,165 |
total assets | 1,798,142 | 1,125,066 | 985,126 | 760,852 | 29,165 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 12,500 | 28,162 | 393,873 | 130,316 | 210,694 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,688 | 71,574 | 0 | 0 | 0 |
total current liabilities | 14,188 | 99,736 | 393,873 | 130,316 | 210,694 |
loans | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 |
total liabilities | 14,188 | 99,736 | 393,873 | 130,316 | 210,694 |
net assets | 1,783,954 | 1,025,330 | 591,253 | 630,536 | -181,529 |
total shareholders funds | 1,783,954 | 1,025,330 | 591,253 | 630,536 | -181,529 |
Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 0 | 0 | 0 | 0 | |
Amortisation | 0 | 0 | 0 | 0 | |
Tax | |||||
Stock | 0 | 0 | 0 | 0 | 0 |
Debtors | 661,387 | 139,411 | 213,349 | 632,018 | 27,671 |
Creditors | -15,662 | -365,711 | 263,557 | -80,378 | 210,694 |
Accruals and Deferred Income | -69,886 | 71,574 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | 19,823 | 0 | 101,163 | 0 | 0 |
cash flow from investments | |||||
Financing Activities | |||||
Bank loans | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 |
share issue | |||||
interest | |||||
cash flow from financing | |||||
cash and cash equivalents | |||||
cash | -8,134 | 529 | 10,925 | -1,494 | 1,494 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | -8,134 | 529 | 10,925 | -1,494 | 1,494 |
fortissimo group limited Credit Report and Business Information
Fortissimo Group Limited Competitor Analysis
Perform a competitor analysis for fortissimo group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in E14 area or any other competitors across 12 key performance metrics.
fortissimo group limited Ownership
FORTISSIMO GROUP LIMITED group structure
Fortissimo Group Limited has 2 subsidiary companies.
Ultimate parent company
FORTISSIMO GROUP LIMITED
10267274
2 subsidiaries
fortissimo group limited directors
Fortissimo Group Limited currently has 2 directors. The longest serving directors include Mr William Salomon (Jul 2016) and Mr Harry Hyman (Jul 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr William Salomon | United Kingdom | 67 years | Jul 2016 | - | Director |
Mr Harry Hyman | England | 68 years | Jul 2016 | - | Director |
P&L
December 2021turnover
3.2m
+57%
operating profit
55.3k
0%
gross margin
18%
-1.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
1.8m
+0.74%
total assets
1.8m
+0.6%
cash
3.3k
-0.71%
net assets
Total assets minus all liabilities
fortissimo group limited company details
company number
10267274
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2021
previous names
N/A
accountant
-
auditor
-
address
c/o begbies traynor 31st floor, 40 bank street, london, E14 5NR
Bank
-
Legal Advisor
-
fortissimo group 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 fortissimo group limited.
fortissimo group 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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fortissimo group limited Companies House Filings - See Documents
date | description | view/download |
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