forliving limited

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forliving limited Company Information

Share FORLIVING LIMITED

Company Number

10635705

Shareholders

forhousing limited

Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

52 regent street, eccles, manchester, M30 0BP

forliving limited Estimated Valuation

£7.9m

Pomanda estimates the enterprise value of FORLIVING LIMITED at £7.9m based on a Turnover of £2m and 3.87x industry multiple (adjusted for size and gross margin).

forliving limited Estimated Valuation

£978.8k

Pomanda estimates the enterprise value of FORLIVING LIMITED at £978.8k based on an EBITDA of £118k and a 8.3x industry multiple (adjusted for size and gross margin).

forliving limited Estimated Valuation

£222.1k

Pomanda estimates the enterprise value of FORLIVING LIMITED at £222.1k based on Net Assets of £141k and 1.58x industry multiple (adjusted for liquidity).

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Forliving Limited Overview

Forliving Limited is a live company located in manchester, M30 0BP with a Companies House number of 10635705. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2017, it's largest shareholder is forhousing limited with a 100% stake. Forliving Limited is a young, small sized company, Pomanda has estimated its turnover at £2m with declining growth in recent years.

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Forliving Limited Health Check

Pomanda's financial health check has awarded Forliving Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £2m, make it larger than the average company (£823.2k)

£2m - Forliving Limited

£823.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -45%, show it is growing at a slower rate (3.1%)

-45% - Forliving Limited

3.1% - Industry AVG

production

Production

with a gross margin of 100%, this company has a lower cost of product (67.3%)

100% - Forliving Limited

67.3% - Industry AVG

profitability

Profitability

an operating margin of 5.8% make it less profitable than the average company (27.1%)

5.8% - Forliving Limited

27.1% - Industry AVG

employees

Employees

with 11 employees, this is above the industry average (4)

11 - Forliving Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)

£38.6k - Forliving Limited

£38.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £184.5k, this is equally as efficient (£199.7k)

£184.5k - Forliving Limited

£199.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (26 days)

13 days - Forliving Limited

26 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Forliving Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Forliving Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (7 weeks)

43 weeks - Forliving Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76.3%, this is a higher level of debt than the average (62.6%)

76.3% - Forliving Limited

62.6% - Industry AVG

FORLIVING LIMITED financials

EXPORTms excel logo

Forliving Limited's latest turnover from March 2024 is £2 million and the company has net assets of £141 thousand. According to their latest financial statements, we estimate that Forliving Limited has 11 employees and maintains cash reserves of £383 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover2,029,0002,063,0001,986,00012,472,000794,000629,000599,000
Other Income Or Grants
Cost Of Sales187,0008,255,000194,646191,855
Gross Profit2,029,0002,063,0001,799,0004,217,000794,000434,354407,145
Admin Expenses1,911,0001,875,0001,571,0001,332,0001,257,000476,354411,145
Operating Profit118,000188,000228,0002,885,000-463,000-42,000-4,000
Interest Payable293,000332,00080,000
Interest Receivable3,000
Pre-Tax Profit121,000188,000228,0002,592,000-795,000-122,000-4,000
Tax-156,0007,000
Profit After Tax121,000188,000228,0002,436,000-788,000-122,000-4,000
Dividends Paid
Retained Profit121,000188,000228,0002,436,000-788,000-122,000-4,000
Employee Costs424,233393,801365,8132,246,053155,251154,788105,889
Number Of Employees11111063443
EBITDA*118,000188,000228,0002,885,000-463,000-42,000-4,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress134,00012,00073,000170,0007,407,0003,821,000
Trade Debtors77,00038,00041,00036,00053,00032,00015,000
Group Debtors406,00023,000
Misc Debtors44,0003,00029,0007,00033,000
Cash383,000229,000541,000260,00022,000671,00051,000
misc current assets
total current assets594,000729,000658,000495,0007,489,0004,524,000122,000
total assets594,000729,000658,000495,0007,489,0004,524,000122,000
Bank overdraft
Bank loan
Trade Creditors 5,0005,00013,00011,00029,000
Group/Directors Accounts324,000312,000218,00080,000525,000295,00080,000
other short term finances
hp & lease commitments
other current liabilities124,000185,000163,000189,000467,000100,00046,000
total current liabilities453,000502,000394,000280,0001,021,000395,000126,000
loans7,230,0004,205,000
hp & lease commitments
Accruals and Deferred Income
other liabilities1,000180,000152,00050,000
provisions
total long term liabilities1,000180,0007,382,0004,255,000
total liabilities453,000502,000395,000460,0008,403,0004,650,000126,000
net assets141,000227,000263,00035,000-914,000-126,000-4,000
total shareholders funds141,000227,000263,00035,000-914,000-126,000-4,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit118,000188,000228,0002,885,000-463,000-42,000-4,000
Depreciation
Amortisation
Tax-156,0007,000
Stock122,000-61,000-97,000-7,237,0003,586,0003,821,000
Debtors-411,000444,000-21,0005,00028,000-39,00071,000
Creditors-8,0002,000-18,00029,000
Accruals and Deferred Income-61,00022,000-26,000-278,000367,00054,00046,000
Deferred Taxes & Provisions
Cash flow from operations346,000-181,000322,0009,665,000-3,674,000-3,770,000-29,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts12,00094,000138,000-445,000230,000215,00080,000
Other Short Term Loans
Long term loans-7,230,0003,025,0004,205,000
Hire Purchase and Lease Commitments
other long term liabilities-1,000-179,00028,000102,00050,000
share issue-207,000-224,000-1,487,000
interest3,000-293,000-332,000-80,000
cash flow from financing-192,000-131,000-41,000-9,427,0003,025,0004,390,00080,000
cash and cash equivalents
cash154,000-312,000281,000238,000-649,000620,00051,000
overdraft
change in cash154,000-312,000281,000238,000-649,000620,00051,000

forliving limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Forliving Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for forliving limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in M30 area or any other competitors across 12 key performance metrics.

forliving limited Ownership

FORLIVING LIMITED group structure

Forliving Limited has no subsidiary companies.

Ultimate parent company

1 parent

FORLIVING LIMITED

10635705

FORLIVING LIMITED Shareholders

forhousing limited 100%

forliving limited directors

Forliving Limited currently has 8 directors. The longest serving directors include Mr Michael Parkin (Feb 2017) and Mr Paul Butterworth (Jan 2022).

officercountryagestartendrole
Mr Michael ParkinEngland54 years Feb 2017- Director
Mr Paul ButterworthUnited Kingdom48 years Jan 2022- Director
Ms Deborah McLaughlinUnited Kingdom62 years Jan 2022- Director
Ms Deborah McLaughlinUnited Kingdom62 years Jan 2022- Director
Mr Mark FletcherUnited Kingdom45 years Oct 2023- Director
Mr Ian JoynsonUnited Kingdom47 years Dec 2024- Director
Mr James BarclayUnited Kingdom63 years Dec 2024- Director
Mr William WeightmanUnited Kingdom67 years Dec 2024- Director

P&L

March 2024

turnover

2m

-2%

operating profit

118k

-37%

gross margin

100%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

141k

-0.38%

total assets

594k

-0.19%

cash

383k

+0.67%

net assets

Total assets minus all liabilities

forliving limited company details

company number

10635705

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

February 2017

age

8

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

RSM UK AUDIT LLP

address

52 regent street, eccles, manchester, M30 0BP

Bank

BARCLAYS BANK PLC

Legal Advisor

-

forliving 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 1 charges/mortgages relating to forliving limited. Currently there are 1 open charges and 0 have been satisfied in the past.

forliving 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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forliving limited Companies House Filings - See Documents

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