fortem associates limited
fortem associates limited Company Information
Company Number
10641322
Website
-Registered Address
orchard lodge bramley end, hughenden valley, high wycombe, HP14 4NS
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Stephen Foroghi7 Years
Shareholders
stephen foroghi 100%
fortem associates limited Estimated Valuation
Pomanda estimates the enterprise value of FORTEM ASSOCIATES LIMITED at £7k based on a Turnover of £55.3k and 0.13x industry multiple (adjusted for size and gross margin).
fortem associates limited Estimated Valuation
Pomanda estimates the enterprise value of FORTEM ASSOCIATES LIMITED at £7.7k based on an EBITDA of £3.4k and a 2.28x industry multiple (adjusted for size and gross margin).
fortem associates limited Estimated Valuation
Pomanda estimates the enterprise value of FORTEM ASSOCIATES LIMITED at £17 based on Net Assets of £10 and 1.72x industry multiple (adjusted for liquidity).
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Fortem Associates Limited Overview
Fortem Associates Limited is a dissolved company that was located in high wycombe, HP14 4NS with a Companies House number of 10641322. It operated in the other activities of employment placement agencies sector, SIC Code 78109. Founded in February 2017, it's largest shareholder was stephen foroghi with a 100% stake. The last turnover for Fortem Associates Limited was estimated at £55.3k.
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Fortem Associates Limited Health Check
Pomanda's financial health check has awarded Fortem Associates Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £55.3k, make it smaller than the average company (£4.5m)
- Fortem Associates Limited
£4.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Fortem Associates Limited
- - Industry AVG
Production
with a gross margin of 13%, this company has a higher cost of product (23.4%)
- Fortem Associates Limited
23.4% - Industry AVG
Profitability
an operating margin of 6.1% make it more profitable than the average company (2.9%)
- Fortem Associates Limited
2.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (36)
- Fortem Associates Limited
36 - Industry AVG
Pay Structure
on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)
- Fortem Associates Limited
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £55.3k, this is less efficient (£187.7k)
- Fortem Associates Limited
£187.7k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (51 days)
- Fortem Associates Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (10 days)
- Fortem Associates Limited
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fortem Associates Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fortem Associates Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (71.6%)
99.9% - Fortem Associates Limited
71.6% - Industry AVG
FORTEM ASSOCIATES LIMITED financials
Fortem Associates Limited's latest turnover from February 2019 is estimated at £55.3 thousand and the company has net assets of £10. According to their latest financial statements, we estimate that Fortem Associates Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2019 | Feb 2018 | |
|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2019 | Feb 2018 | |
|---|---|---|
| Tangible Assets | 1,564 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 1,564 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 8,083 | 736 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 8,083 | 736 |
| total assets | 9,647 | 736 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 9,637 | 3,478 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 9,637 | 3,478 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 9,637 | 3,478 |
| net assets | 10 | -2,742 |
| total shareholders funds | 10 | -2,742 |
| Feb 2019 | Feb 2018 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | |
| Amortisation | 0 | |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 7,347 | 736 |
| Creditors | 6,159 | 3,478 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
fortem associates limited Credit Report and Business Information
Fortem Associates Limited Competitor Analysis
Perform a competitor analysis for fortem associates limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in HP14 area or any other competitors across 12 key performance metrics.
fortem associates limited Ownership
FORTEM ASSOCIATES LIMITED group structure
Fortem Associates Limited has no subsidiary companies.
Ultimate parent company
FORTEM ASSOCIATES LIMITED
10641322
fortem associates limited directors
Fortem Associates Limited currently has 1 director, Mr Stephen Foroghi serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Foroghi | England | 36 years | Feb 2017 | - | Director |
P&L
February 2019turnover
55.3k
+312%
operating profit
3.4k
0%
gross margin
13%
-2.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2019net assets
10
-1%
total assets
9.6k
+12.11%
cash
0
0%
net assets
Total assets minus all liabilities
fortem associates limited company details
company number
10641322
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
February 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
February 2019
address
orchard lodge bramley end, hughenden valley, high wycombe, HP14 4NS
accountant
-
auditor
-
fortem associates 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 fortem associates limited.
fortem associates limited Companies House Filings - See Documents
| date | description | view/download |
|---|
