Pomanda estimates the enterprise value of FORFAR EDUCATION LTD at £303.6k based on a Turnover of £556.2k and 0.55x industry multiple (adjusted for size and gross margin).
forfar education ltdEstimated Valuation
£3.6m
Pomanda estimates the enterprise value of FORFAR EDUCATION LTD at £3.6m based on an EBITDA of £933.8k and a 3.85x industry multiple (adjusted for size and gross margin).
forfar education ltdEstimated Valuation
£297.1k
Pomanda estimates the enterprise value of FORFAR EDUCATION LTD at £297.1k based on Net Assets of £130.1k and 2.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Forfar Education LtdOverview
Forfar Education Ltd is a live company located in london, SW3 6AH with a Companies House number of 11175313. It operates in the activities of head offices sector, SIC Code 70100. Founded in January 2018, it's largest shareholder is
mc socrates bidco limited
with a 100% stake. Forfar Education Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£556.2k with
low
growth in recent years.
Pomanda's financial health check has awarded Forfar Education Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £556.2k, make it smaller than the average company (£7.3m)
£556.2k - Forfar Education Ltd
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6%)
1% - Forfar Education Ltd
6% - Industry AVG
Production
with a gross margin of 50.3%, this company has a comparable cost of product (50.3%)
50.3% - Forfar Education Ltd
50.3% - Industry AVG
Profitability
an operating margin of 166.7% make it more profitable than the average company (6.4%)
166.7% - Forfar Education Ltd
6.4% - Industry AVG
Employees
with 7 employees, this is below the industry average (69)
7 - Forfar Education Ltd
69 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
£41.5k - Forfar Education Ltd
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £79.5k, this is less efficient (£106.7k)
£79.5k - Forfar Education Ltd
£106.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Forfar Education Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (29 days)
65 days - Forfar Education Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Forfar Education Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (63 weeks)
3 weeks - Forfar Education Ltd
63 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.5%, this is a higher level of debt than the average (35.7%)
92.5% - Forfar Education Ltd
35.7% - Industry AVG
FORFAR EDUCATION LTD financials
EXPORT
Forfar Education Ltd's latest turnover from August 2023 is estimated at £556.2 thousand and the company has net assets of £130.1 thousand. According to their latest financial statements, Forfar Education Ltd has 7 employees and maintains cash reserves of £105.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Jan 2021
Jan 2020
Jan 2019
Turnover
556,152
475,745
258,831
295,343
537,330
Other Income Or Grants
Cost Of Sales
276,496
240,178
134,435
151,325
271,154
Gross Profit
279,656
235,567
124,396
144,018
266,176
Admin Expenses
-647,457
759,567
174,594
366,645
261,974
Operating Profit
927,113
-524,000
-50,198
-222,627
4,202
Interest Payable
3,953
3,500
1,511
1,525
Interest Receivable
7,284
7,094
369
50
372
Pre-Tax Profit
930,444
-520,406
-51,340
-224,102
4,574
Tax
-232,611
-869
Profit After Tax
697,833
-520,406
-51,340
-224,102
3,705
Dividends Paid
Retained Profit
697,833
-520,406
-51,340
-224,102
3,705
Employee Costs
290,165
240,422
191,210
37,130
298,292
Number Of Employees
7
6
5
1
8
EBITDA*
933,837
-521,781
-50,198
-222,627
4,202
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Jan 2021
Jan 2020
Jan 2019
Tangible Assets
22,292
9,926
Intangible Assets
Investments & Other
100
100
Debtors (Due After 1 year)
Total Fixed Assets
22,392
10,026
Stock & work in progress
Trade Debtors
11,308
Group Debtors
1,441,576
357,384
295,751
20,266
12,211
Misc Debtors
169,093
273,358
48,819
14,283
35,024
Cash
105,503
171,987
638,760
329
99,196
misc current assets
total current assets
1,716,172
802,729
994,638
34,878
146,431
total assets
1,738,564
812,755
994,638
34,878
146,431
Bank overdraft
29,479
38,874
48,226
50,000
Bank loan
Trade Creditors
49,884
53,849
30,327
90,298
91,172
Group/Directors Accounts
1,084,150
1,101,615
918,768
87,090
33,659
other short term finances
1,919
1,303
hp & lease commitments
other current liabilities
444,973
184,253
43,363
27,787
17,795
total current liabilities
1,608,486
1,380,510
1,041,987
255,175
142,626
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,608,486
1,380,510
1,041,987
255,175
142,626
net assets
130,078
-567,755
-47,349
-220,297
3,805
total shareholders funds
130,078
-567,755
-47,349
-220,297
3,805
Aug 2023
Aug 2022
Aug 2021
Jan 2021
Jan 2020
Jan 2019
Operating Activities
Operating Profit
927,113
-524,000
-50,198
-222,627
4,202
Depreciation
6,724
2,219
Amortisation
Tax
-232,611
-869
Stock
Debtors
979,927
274,864
308,643
-12,686
47,235
Creditors
-3,965
23,522
-60,845
-874
91,172
Accruals and Deferred Income
260,720
140,890
25,568
9,992
17,795
Deferred Taxes & Provisions
Cash flow from operations
-21,946
-632,233
-394,118
-200,823
65,065
Investing Activities
capital expenditure
-19,090
-12,145
Change in Investments
100
cash flow from investments
-19,090
-12,245
Financing Activities
Bank loans
Group/Directors Accounts
-17,465
182,847
885,109
53,431
33,659
Other Short Term Loans
-1,919
616
1,303
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
186
100
interest
3,331
3,594
-1,142
-1,475
372
cash flow from financing
-16,053
187,057
885,456
51,956
34,131
cash and cash equivalents
cash
-66,484
-466,773
539,564
-98,867
99,196
overdraft
-9,395
-9,352
48,226
50,000
change in cash
-57,089
-457,421
491,338
-148,867
99,196
forfar education ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for forfar education ltd. Get real-time insights into forfar education ltd's credit score, group structure and payment trends.
Perform a competitor analysis for forfar education ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SW3 area or any other competitors across 12 key performance metrics.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023
net assets
130.1k
-1.23%
total assets
1.7m
+1.14%
cash
105.5k
-0.39%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
forfar education ltd company details
company number
11175313
Type
Private limited with Share Capital
industry
85310 - General secondary education
70100 - Activities of head offices
85590 - Other education n.e.c.
incorporation date
January 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
4 the vale, london, SW3 6AH
Bank
-
Legal Advisor
-
forfar education ltd 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 forfar education ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
forfar education ltd 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 FORFAR EDUCATION LTD. This can take several minutes, an email will notify you when this has completed.
forfar education ltdCompanies House Filings - See Documents
