forbes at wigan limited
forbes at wigan limited Company Information
Company Number
11089835
Next Accounts
Sep 2025
Shareholders
russell anthony jervis
irene elaine heyes
Group Structure
View All
Industry
Licensed restaurants
Registered Address
st andrews house, 11 dalton court, blackburn, lancs, BB3 0DG
Website
-forbes at wigan limited Estimated Valuation
Pomanda estimates the enterprise value of FORBES AT WIGAN LIMITED at £200.5k based on a Turnover of £363.7k and 0.55x industry multiple (adjusted for size and gross margin).
forbes at wigan limited Estimated Valuation
Pomanda estimates the enterprise value of FORBES AT WIGAN LIMITED at £190.8k based on an EBITDA of £53.7k and a 3.56x industry multiple (adjusted for size and gross margin).
forbes at wigan limited Estimated Valuation
Pomanda estimates the enterprise value of FORBES AT WIGAN LIMITED at £40.9k based on Net Assets of £16.4k and 2.5x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Forbes At Wigan Limited Overview
Forbes At Wigan Limited is a live company located in blackburn, BB3 0DG with a Companies House number of 11089835. It operates in the licenced restaurants sector, SIC Code 56101. Founded in November 2017, it's largest shareholder is russell anthony jervis with a 50% stake. Forbes At Wigan Limited is a young, micro sized company, Pomanda has estimated its turnover at £363.7k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Forbes At Wigan Limited Health Check
Pomanda's financial health check has awarded Forbes At Wigan Limited a 3 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
3 Regular
5 Weak
Size
annual sales of £363.7k, make it smaller than the average company (£3.5m)
- Forbes At Wigan Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (12.8%)
- Forbes At Wigan Limited
12.8% - Industry AVG
Production
with a gross margin of 37.3%, this company has a higher cost of product (58.5%)
- Forbes At Wigan Limited
58.5% - Industry AVG
Profitability
an operating margin of 14.8% make it more profitable than the average company (2.5%)
- Forbes At Wigan Limited
2.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (62)
6 - Forbes At Wigan Limited
62 - Industry AVG
Pay Structure
on an average salary of £20.5k, the company has an equivalent pay structure (£20.5k)
- Forbes At Wigan Limited
£20.5k - Industry AVG
Efficiency
resulting in sales per employee of £60.6k, this is equally as efficient (£57.2k)
- Forbes At Wigan Limited
£57.2k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (5 days)
- Forbes At Wigan Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (47 days)
- Forbes At Wigan Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Forbes At Wigan Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Forbes At Wigan Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.8%, this is a similar level of debt than the average (82.9%)
78.8% - Forbes At Wigan Limited
82.9% - Industry AVG
FORBES AT WIGAN LIMITED financials
Forbes At Wigan Limited's latest turnover from December 2023 is estimated at £363.7 thousand and the company has net assets of £16.4 thousand. According to their latest financial statements, Forbes At Wigan Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 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 | 6 | 6 | 5 | 4 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 37,992 | 42,770 | 40,590 | 11,954 | 14,632 | 861 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 37,992 | 42,770 | 40,590 | 11,954 | 14,632 | 861 |
| Stock & work in progress | ||||||
| Trade Debtors | 39,257 | 27,882 | 29,539 | 47,918 | 20,630 | 23,395 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | ||||||
| misc current assets | 3,088 | |||||
| total current assets | 39,257 | 27,882 | 29,539 | 47,918 | 20,630 | 26,483 |
| total assets | 77,249 | 70,652 | 70,129 | 59,872 | 35,262 | 27,344 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 56,636 | 91,131 | 84,831 | 85,275 | 60,232 | 62,139 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 56,636 | 91,131 | 84,831 | 85,275 | 60,232 | 62,139 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 4,250 | 3,400 | 3,400 | 3,400 | 1,950 | |
| other liabilities | ||||||
| provisions | 500 | |||||
| total long term liabilities | 4,250 | 3,400 | 3,400 | 3,400 | 1,950 | 500 |
| total liabilities | 60,886 | 94,531 | 88,231 | 88,675 | 62,182 | 62,639 |
| net assets | 16,363 | -23,879 | -18,102 | -28,803 | -26,920 | -35,295 |
| total shareholders funds | 16,363 | -23,879 | -18,102 | -28,803 | -26,920 | -35,295 |
| Dec 2023 | Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 11,375 | -1,657 | -18,379 | 27,288 | -2,765 | 23,395 |
| Creditors | -34,495 | 6,300 | -444 | 25,043 | -1,907 | 62,139 |
| Accruals and Deferred Income | 850 | 1,450 | 1,950 | |||
| Deferred Taxes & Provisions | -500 | 500 | ||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | ||||||
| overdraft | ||||||
| change in cash |
forbes at wigan limited Credit Report and Business Information
Forbes At Wigan Limited Competitor Analysis
Perform a competitor analysis for forbes at wigan limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in BB3 area or any other competitors across 12 key performance metrics.
forbes at wigan limited Ownership
FORBES AT WIGAN LIMITED group structure
Forbes At Wigan Limited has no subsidiary companies.
Ultimate parent company
FORBES AT WIGAN LIMITED
11089835
forbes at wigan limited directors
Forbes At Wigan Limited currently has 2 directors. The longest serving directors include Mr Russell Jervis (Nov 2017) and Ms Irene Heyes (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Jervis | United Kingdom | 65 years | Nov 2017 | - | Director |
| Ms Irene Heyes | United Kingdom | 55 years | Nov 2017 | - | Director |
P&L
December 2023turnover
363.7k
+29%
operating profit
53.7k
0%
gross margin
37.3%
+2.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
16.4k
-1.69%
total assets
77.2k
+0.09%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
forbes at wigan limited company details
company number
11089835
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
st andrews house, 11 dalton court, blackburn, lancs, BB3 0DG
Bank
-
Legal Advisor
-
forbes at wigan 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 forbes at wigan limited.
forbes at wigan 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.
Click to start generating capital raising & share issue transactions for FORBES AT WIGAN LIMITED. This can take several minutes, an email will notify you when this has completed.
forbes at wigan limited Companies House Filings - See Documents
| date | description | view/download |
|---|
