the fordy group limited

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the fordy group limited Company Information

Share THE FORDY GROUP LIMITED

Company Number

11710783

Directors

Ben Taylor

Richard Goodall

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Shareholders

goodall brazier limited

ben taylor

Group Structure

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Industry

Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

 

Registered Address

one east parade, leeds, LS1 2AA

the fordy group limited Estimated Valuation

£217k

Pomanda estimates the enterprise value of THE FORDY GROUP LIMITED at £217k based on a Turnover of £1.3m and 0.17x industry multiple (adjusted for size and gross margin).

the fordy group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE FORDY GROUP LIMITED at £0 based on an EBITDA of £-219.1k and a 2.82x industry multiple (adjusted for size and gross margin).

the fordy group limited Estimated Valuation

£177.7k

Pomanda estimates the enterprise value of THE FORDY GROUP LIMITED at £177.7k based on Net Assets of £114.1k and 1.56x industry multiple (adjusted for liquidity).

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The Fordy Group Limited Overview

The Fordy Group Limited is a live company located in leeds, LS1 2AA with a Companies House number of 11710783. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in December 2018, it's largest shareholder is goodall brazier limited with a 70% stake. The Fordy Group Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.

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The Fordy Group Limited Health Check

Pomanda's financial health check has awarded The Fordy Group 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

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£10.9m)

£1.3m - The Fordy Group Limited

£10.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.6%)

13% - The Fordy Group Limited

6.6% - Industry AVG

production

Production

with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)

24.9% - The Fordy Group Limited

24.9% - Industry AVG

profitability

Profitability

an operating margin of -17.8% make it less profitable than the average company (3.9%)

-17.8% - The Fordy Group Limited

3.9% - Industry AVG

employees

Employees

with 14 employees, this is below the industry average (46)

14 - The Fordy Group Limited

46 - Industry AVG

paystructure

Pay Structure

on an average salary of £57.1k, the company has an equivalent pay structure (£57.1k)

£57.1k - The Fordy Group Limited

£57.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £90.3k, this is less efficient (£188.8k)

£90.3k - The Fordy Group Limited

£188.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 40 days, this is near the average (45 days)

40 days - The Fordy Group Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (9 days)

3 days - The Fordy Group Limited

9 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Fordy Group Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (10 weeks)

17 weeks - The Fordy Group Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.1%, this is a similar level of debt than the average (67.1%)

68.1% - The Fordy Group Limited

67.1% - Industry AVG

THE FORDY GROUP LIMITED financials

EXPORTms excel logo

The Fordy Group Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £114.1 thousand. According to their latest financial statements, The Fordy Group Limited has 14 employees and maintains cash reserves of £84.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Turnover1,264,3392,102,9321,326,113884,909707,421
Other Income Or Grants00000
Cost Of Sales949,4981,539,432983,382674,055539,596
Gross Profit314,841563,500342,731210,854167,825
Admin Expenses540,527327,046280,911205,52673,601
Operating Profit-225,686236,45461,8205,32894,224
Interest Payable00000
Interest Receivable10,0228,56142186101
Pre-Tax Profit-215,664245,01562,2415,41494,325
Tax0-46,553-11,826-1,029-17,922
Profit After Tax-215,664198,46250,4154,38576,403
Dividends Paid00000
Retained Profit-215,664198,46250,4154,38576,403
Employee Costs799,088860,551629,062548,732331,830
Number Of Employees141613127
EBITDA*-219,067242,54761,8205,32894,224

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Tangible Assets19,91424,37423,52700
Intangible Assets2,7690000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets22,68324,37423,52700
Stock & work in progress00000
Trade Debtors139,365315,904103,56574,32486,400
Group Debtors79,18700048,293
Misc Debtors32,38916,98214,09914,48311,400
Cash84,314297,479191,715144,81926,907
misc current assets00000
total current assets335,255630,365309,379233,626173,000
total assets357,938654,739332,906233,626173,000
Bank overdraft00000
Bank loan00000
Trade Creditors 10,17428,52559,65910,3059,920
Group/Directors Accounts26,9250000
other short term finances00000
hp & lease commitments00000
other current liabilities206,738296,449141,944142,43386,577
total current liabilities243,837324,974201,603152,73896,497
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities00000
provisions00000
total long term liabilities00000
total liabilities243,837324,974201,603152,73896,497
net assets114,101329,765131,30380,88876,503
total shareholders funds114,101329,765131,30380,88876,503
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Operating Activities
Operating Profit-225,686236,45461,8205,32894,224
Depreciation6,3886,093000
Amortisation2310000
Tax0-46,553-11,826-1,029-17,922
Stock00000
Debtors-81,945215,22228,857-57,286146,093
Creditors-18,351-31,13449,3543859,920
Accruals and Deferred Income-89,711154,505-48955,85686,577
Deferred Taxes & Provisions00000
Cash flow from operations-245,184104,14370,002117,82626,706
Investing Activities
capital expenditure-4,928-6,940-23,52700
Change in Investments00000
cash flow from investments-4,928-6,940-23,52700
Financing Activities
Bank loans00000
Group/Directors Accounts26,9250000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue0000100
interest10,0228,56142186101
cash flow from financing36,9478,56142186201
cash and cash equivalents
cash-213,165105,76446,896117,91226,907
overdraft00000
change in cash-213,165105,76446,896117,91226,907

the fordy group 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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The Fordy Group Limited Competitor Analysis

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Perform a competitor analysis for the fordy group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in LS1 area or any other competitors across 12 key performance metrics.

the fordy group limited Ownership

THE FORDY GROUP LIMITED group structure

The Fordy Group Limited has no subsidiary companies.

Ultimate parent company

2 parents

THE FORDY GROUP LIMITED

11710783

THE FORDY GROUP LIMITED Shareholders

goodall brazier limited 70%
ben taylor 30%

the fordy group limited directors

The Fordy Group Limited currently has 3 directors. The longest serving directors include Mr Ben Taylor (Dec 2018) and Mr Richard Goodall (Sep 2020).

officercountryagestartendrole
Mr Ben TaylorUnited Kingdom32 years Dec 2018- Director
Mr Richard GoodallEngland42 years Sep 2020- Director
Mr Richard GoodallUnited Kingdom42 years Sep 2020- Director

P&L

December 2023

turnover

1.3m

-40%

operating profit

-225.7k

0%

gross margin

25%

-7.07%

turnover

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

Balance Sheet

December 2023

net assets

114.1k

-0.65%

total assets

357.9k

-0.45%

cash

84.3k

-0.72%

net assets

Total assets minus all liabilities

the fordy group limited company details

company number

11710783

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

December 2018

age

7

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

SEDULO LEEDS LIMITED

auditor

-

address

one east parade, leeds, LS1 2AA

Bank

-

Legal Advisor

-

the fordy group 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 the fordy group limited. Currently there are 1 open charges and 0 have been satisfied in the past.

the fordy group 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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the fordy group limited Companies House Filings - See Documents

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