forresters builders merchants ltd.
forresters builders merchants ltd. Company Information
Group Structure
View All
Industry
Retail sale of hardware, paints and glass in specialised stores
+1Registered Address
12 ault street, west bromwich, west midlands, B70 7HA
Website
-forresters builders merchants ltd. Estimated Valuation
Pomanda estimates the enterprise value of FORRESTERS BUILDERS MERCHANTS LTD. at £185k based on a Turnover of £452.6k and 0.41x industry multiple (adjusted for size and gross margin).
forresters builders merchants ltd. Estimated Valuation
Pomanda estimates the enterprise value of FORRESTERS BUILDERS MERCHANTS LTD. at £0 based on an EBITDA of £-44.6k and a 3.64x industry multiple (adjusted for size and gross margin).
forresters builders merchants ltd. Estimated Valuation
Pomanda estimates the enterprise value of FORRESTERS BUILDERS MERCHANTS LTD. at £0 based on Net Assets of £-193k and 2.2x industry multiple (adjusted for liquidity).
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Forresters Builders Merchants Ltd. Overview
Forresters Builders Merchants Ltd. is a live company located in west midlands, B70 7HA with a Companies House number of 12934896. It operates in the wholesale of hardware, plumbing and heating equipment and supplies sector, SIC Code 46740. Founded in October 2020, it's largest shareholder is parshotam chort with a 100% stake. Forresters Builders Merchants Ltd. is a young, micro sized company, Pomanda has estimated its turnover at £452.6k with unknown growth in recent years.
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Forresters Builders Merchants Ltd. Health Check
Pomanda's financial health check has awarded Forresters Builders Merchants Ltd. a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £452.6k, make it smaller than the average company (£16.5m)
- Forresters Builders Merchants Ltd.
£16.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Forresters Builders Merchants Ltd.
- - Industry AVG
Production
with a gross margin of 29.8%, this company has a comparable cost of product (29.8%)
- Forresters Builders Merchants Ltd.
29.8% - Industry AVG
Profitability
an operating margin of -10.3% make it less profitable than the average company (5.4%)
- Forresters Builders Merchants Ltd.
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (56)
2 - Forresters Builders Merchants Ltd.
56 - Industry AVG
Pay Structure
on an average salary of £37.4k, the company has an equivalent pay structure (£37.4k)
- Forresters Builders Merchants Ltd.
£37.4k - Industry AVG
Efficiency
resulting in sales per employee of £226.3k, this is less efficient (£271.1k)
- Forresters Builders Merchants Ltd.
£271.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Forresters Builders Merchants Ltd.
- - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (43 days)
- Forresters Builders Merchants Ltd.
43 days - Industry AVG
Stock Days
it holds stock equivalent to 191 days, this is more than average (100 days)
- Forresters Builders Merchants Ltd.
100 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Forresters Builders Merchants Ltd.
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 194.5%, this is a higher level of debt than the average (47.9%)
194.5% - Forresters Builders Merchants Ltd.
47.9% - Industry AVG
FORRESTERS BUILDERS MERCHANTS LTD. financials
Forresters Builders Merchants Ltd.'s latest turnover from October 2023 is estimated at £452.6 thousand and the company has net assets of -£193 thousand. According to their latest financial statements, Forresters Builders Merchants Ltd. has 2 employees and maintains cash reserves of £758 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| 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 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Tangible Assets | 8,838 | 11,048 | 13,809 |
| Intangible Assets | 19,151 | 19,151 | 19,151 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 8,750 | 8,750 | 8,750 |
| Total Fixed Assets | 36,739 | 38,949 | 41,710 |
| Stock & work in progress | 166,875 | 163,960 | 134,990 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 758 | 2,161 | 25,867 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 167,633 | 166,121 | 160,857 |
| total assets | 204,372 | 205,070 | 202,567 |
| Bank overdraft | 19,327 | 21,776 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 64,786 | 14,754 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 1,038 | 4,094 | 8,333 |
| other current liabilities | 6,147 | 6,403 | 5,377 |
| total current liabilities | 91,298 | 47,027 | 13,710 |
| loans | 237,107 | 207,967 | 230,360 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 69,000 | 69,000 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 306,107 | 276,967 | 230,360 |
| total liabilities | 397,405 | 323,994 | 244,070 |
| net assets | -193,033 | -118,924 | -41,503 |
| total shareholders funds | -193,033 | -118,924 | -41,503 |
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 2,210 | 2,761 | 1,823 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 2,915 | 28,970 | 134,990 |
| Debtors | 0 | 0 | 8,750 |
| Creditors | 50,032 | 14,754 | 0 |
| Accruals and Deferred Income | -256 | 1,026 | 5,377 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 29,140 | -22,393 | 230,360 |
| Hire Purchase and Lease Commitments | -3,056 | -4,239 | 8,333 |
| other long term liabilities | 0 | 69,000 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -1,403 | -23,706 | 25,867 |
| overdraft | -2,449 | 21,776 | 0 |
| change in cash | 1,046 | -45,482 | 25,867 |
forresters builders merchants ltd. Credit Report and Business Information
Forresters Builders Merchants Ltd. Competitor Analysis
Perform a competitor analysis for forresters builders merchants ltd. by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in B70 area or any other competitors across 12 key performance metrics.
forresters builders merchants ltd. Ownership
FORRESTERS BUILDERS MERCHANTS LTD. group structure
Forresters Builders Merchants Ltd. has no subsidiary companies.
Ultimate parent company
FORRESTERS BUILDERS MERCHANTS LTD.
12934896
forresters builders merchants ltd. directors
Forresters Builders Merchants Ltd. currently has 1 director, Mr Parshotam Chort serving since Oct 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Parshotam Chort | England | 61 years | Oct 2020 | - | Director |
P&L
October 2023turnover
452.6k
+37%
operating profit
-46.8k
0%
gross margin
29.9%
-3.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-193k
+0.62%
total assets
204.4k
0%
cash
758
-0.65%
net assets
Total assets minus all liabilities
Similar Companies
forresters builders merchants ltd. company details
company number
12934896
Type
Private limited with Share Capital
industry
47520 - Retail sale of hardware, paints and glass in specialised stores
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
incorporation date
October 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
forresters building merchants ltd. (October 2020)
accountant
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auditor
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address
12 ault street, west bromwich, west midlands, B70 7HA
Bank
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Legal Advisor
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forresters builders merchants 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 did not find charges/mortgages relating to forresters builders merchants ltd..
forresters builders merchants 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.
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forresters builders merchants ltd. Companies House Filings - See Documents
| date | description | view/download |
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