forghetti limited
forghetti limited Company Information
Company Number
10827780
Next Accounts
Mar 2026
Shareholders
michael andrews crompton
charles robert milton
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
23 city business centre, hyde street, winchester, hampshire, SO23 7TA
Website
www.forghetti.comforghetti limited Estimated Valuation
Pomanda estimates the enterprise value of FORGHETTI LIMITED at £23.6k based on a Turnover of £27.7k and 0.85x industry multiple (adjusted for size and gross margin).
forghetti limited Estimated Valuation
Pomanda estimates the enterprise value of FORGHETTI LIMITED at £0 based on an EBITDA of £-22.9k and a 5.21x industry multiple (adjusted for size and gross margin).
forghetti limited Estimated Valuation
Pomanda estimates the enterprise value of FORGHETTI LIMITED at £367k based on Net Assets of £154.5k and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Forghetti Limited Overview
Forghetti Limited is a live company located in winchester, SO23 7TA with a Companies House number of 10827780. It operates in the business and domestic software development sector, SIC Code 62012. Founded in June 2017, it's largest shareholder is michael andrews crompton with a 44.6% stake. Forghetti Limited is a young, micro sized company, Pomanda has estimated its turnover at £27.7k with unknown growth in recent years.
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Forghetti Limited Health Check
Pomanda's financial health check has awarded Forghetti 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 £27.7k, make it smaller than the average company (£4.3m)
- Forghetti Limited
£4.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Forghetti Limited
- - Industry AVG
Production
with a gross margin of 72.6%, this company has a comparable cost of product (72.6%)
- Forghetti Limited
72.6% - Industry AVG
Profitability
an operating margin of -355.1% make it less profitable than the average company (3.9%)
- Forghetti Limited
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (38)
- Forghetti Limited
38 - Industry AVG
Pay Structure
on an average salary of £69.6k, the company has an equivalent pay structure (£69.6k)
- Forghetti Limited
£69.6k - Industry AVG
Efficiency
resulting in sales per employee of £27.7k, this is less efficient (£125.3k)
- Forghetti Limited
£125.3k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (57 days)
- Forghetti Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 3040 days, this is slower than average (40 days)
- Forghetti Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Forghetti Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Forghetti Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.4%, this is a lower level of debt than the average (59.1%)
50.4% - Forghetti Limited
59.1% - Industry AVG
FORGHETTI LIMITED financials
Forghetti Limited's latest turnover from June 2024 is estimated at £27.7 thousand and the company has net assets of £154.5 thousand. According to their latest financial statements, we estimate that Forghetti Limited has 1 employee and maintains cash reserves of £1.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 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
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | 80,048 | 147,469 | 204,939 | 271,965 | 310,393 | 252,176 | 62,571 |
| Investments & Other | 172,962 | 159,188 | 103,577 | 28,310 | |||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 80,048 | 147,469 | 204,939 | 444,927 | 469,581 | 355,753 | 90,881 |
| Stock & work in progress | |||||||
| Trade Debtors | 1,019 | 1,164 | 515 | ||||
| Group Debtors | |||||||
| Misc Debtors | 228,800 | 254,692 | 180,009 | 3,299 | 3,827 | 14,092 | 8,145 |
| Cash | 1,837 | 3,246 | 5,127 | 15,241 | 73,273 | 175,985 | 88,196 |
| misc current assets | |||||||
| total current assets | 231,656 | 259,102 | 185,651 | 18,540 | 77,100 | 190,077 | 96,341 |
| total assets | 311,704 | 406,571 | 390,590 | 463,467 | 546,681 | 545,830 | 187,222 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 63,152 | 57,543 | 15,552 | 5,856 | |||
| Group/Directors Accounts | |||||||
| other short term finances | 11,500 | 10,000 | 8,750 | 6,250 | 3,750 | ||
| hp & lease commitments | |||||||
| other current liabilities | 82,600 | 85,300 | 109,835 | 88,800 | 103,749 | 100,090 | 13,658 |
| total current liabilities | 157,252 | 152,843 | 118,585 | 95,050 | 107,499 | 115,642 | 19,514 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 157,252 | 152,843 | 118,585 | 95,050 | 107,499 | 115,642 | 19,514 |
| net assets | 154,452 | 253,728 | 272,005 | 368,417 | 439,182 | 430,188 | 167,708 |
| total shareholders funds | 154,452 | 253,728 | 272,005 | 368,417 | 439,182 | 430,188 | 167,708 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | 75,294 | 81,375 | 78,984 | 72,765 | 51,535 | 12,351 | 144 |
| Tax | |||||||
| Stock | |||||||
| Debtors | -26,037 | 75,332 | 177,225 | -528 | -10,265 | 5,947 | 8,145 |
| Creditors | 5,609 | 57,543 | -15,552 | 9,696 | 5,856 | ||
| Accruals and Deferred Income | -2,700 | -24,535 | 21,035 | -14,949 | 3,659 | 86,432 | 13,658 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -172,962 | 13,774 | 55,611 | 75,267 | 28,310 | ||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | 1,500 | 1,250 | 2,500 | 2,500 | 3,750 | ||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -1,409 | -1,881 | -10,114 | -58,032 | -102,712 | 87,789 | 88,196 |
| overdraft | |||||||
| change in cash | -1,409 | -1,881 | -10,114 | -58,032 | -102,712 | 87,789 | 88,196 |
forghetti limited Credit Report and Business Information
Forghetti Limited Competitor Analysis
Perform a competitor analysis for forghetti limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SO23 area or any other competitors across 12 key performance metrics.
forghetti limited Ownership
FORGHETTI LIMITED group structure
Forghetti Limited has no subsidiary companies.
Ultimate parent company
FORGHETTI LIMITED
10827780
forghetti limited directors
Forghetti Limited currently has 5 directors. The longest serving directors include Mr Michael Crompton (Jun 2017) and Mr Charles Milton (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Crompton | England | 52 years | Jun 2017 | - | Director |
| Mr Charles Milton | United Kingdom | 48 years | Oct 2017 | - | Director |
| Mr James MacLaurin | United Kingdom | 58 years | Jan 2022 | - | Director |
| Mr Timothy Lander | England | 58 years | Jan 2022 | - | Director |
| Mr Timothy Lander | England | 58 years | Jan 2022 | - | Director |
P&L
June 2024turnover
27.7k
+14%
operating profit
-98.2k
0%
gross margin
72.6%
+0.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
154.5k
-0.39%
total assets
311.7k
-0.23%
cash
1.8k
-0.43%
net assets
Total assets minus all liabilities
Similar Companies
forghetti limited company details
company number
10827780
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
June 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
z2h limited (July 2018)
accountant
XEINADIN SOUTH EAST LTD
auditor
-
address
23 city business centre, hyde street, winchester, hampshire, SO23 7TA
Bank
-
Legal Advisor
-
forghetti 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 forghetti limited.
forghetti 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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forghetti limited Companies House Filings - See Documents
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