fortify social enterprise cic
fortify social enterprise cic Company Information
Group Structure
View All
Industry
Activities of other membership organisations n.e.c.
Registered Address
c/o corra foundation, office suite 30, pure offices, edinburgh, EH12 9DT
Website
www.corra.scotfortify social enterprise cic Estimated Valuation
Pomanda estimates the enterprise value of FORTIFY SOCIAL ENTERPRISE CIC at £115 based on a Turnover of £185 and 0.62x industry multiple (adjusted for size and gross margin).
fortify social enterprise cic Estimated Valuation
Pomanda estimates the enterprise value of FORTIFY SOCIAL ENTERPRISE CIC at £0 based on an EBITDA of £0 and a 4.18x industry multiple (adjusted for size and gross margin).
fortify social enterprise cic Estimated Valuation
Pomanda estimates the enterprise value of FORTIFY SOCIAL ENTERPRISE CIC at £39 based on Net Assets of £16 and 2.45x industry multiple (adjusted for liquidity).
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Fortify Social Enterprise Cic Overview
Fortify Social Enterprise Cic is a live company located in edinburgh, EH12 9DT with a Companies House number of SC507457. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in June 2015, it's largest shareholder is unknown. Fortify Social Enterprise Cic is a established, micro sized company, Pomanda has estimated its turnover at £185.1 with declining growth in recent years.
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Fortify Social Enterprise Cic Health Check
Pomanda's financial health check has awarded Fortify Social Enterprise Cic a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
6 Weak
Size
annual sales of £185.1, make it smaller than the average company (£418k)
- Fortify Social Enterprise Cic
£418k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.5%)
- Fortify Social Enterprise Cic
7.5% - Industry AVG
Production
with a gross margin of 39.6%, this company has a higher cost of product (88%)
- Fortify Social Enterprise Cic
88% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Fortify Social Enterprise Cic
- - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
- Fortify Social Enterprise Cic
10 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
- Fortify Social Enterprise Cic
£27k - Industry AVG
Efficiency
resulting in sales per employee of £185.1, this is less efficient (£51.9k)
- Fortify Social Enterprise Cic
£51.9k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is later than average (13 days)
- Fortify Social Enterprise Cic
13 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Fortify Social Enterprise Cic
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fortify Social Enterprise Cic
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fortify Social Enterprise Cic
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Fortify Social Enterprise Cic
- - Industry AVG
FORTIFY SOCIAL ENTERPRISE CIC financials
Fortify Social Enterprise Cic's latest turnover from March 2024 is estimated at £185 and the company has net assets of £16. According to their latest financial statements, we estimate that Fortify Social Enterprise Cic has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 206,261 | 132,905 | 89,067 | 4,473 | |||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 106,451 | 75,472 | 347 | ||||||
| Gross Profit | 26,454 | 13,595 | 4,126 | ||||||
| Admin Expenses | 14,481 | 13,063 | 4,126 | ||||||
| Operating Profit | 11,973 | 532 | |||||||
| Interest Payable | 43 | 5 | |||||||
| Interest Receivable | 29 | 5 | |||||||
| Pre-Tax Profit | 69,146 | 11,959 | 532 | ||||||
| Tax | -76 | 177 | -177 | ||||||
| Profit After Tax | 69,070 | 12,136 | 355 | ||||||
| Dividends Paid | |||||||||
| Retained Profit | 69,070 | 12,136 | 355 | ||||||
| Employee Costs | 347 | ||||||||
| Number Of Employees | |||||||||
| EBITDA* | 11,973 | 532 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 16 | 16 | 16 | 16 | 104,993 | 39,683 | 660 | ||
| Group Debtors | |||||||||
| Misc Debtors | 135 | ||||||||
| Cash | 76,422 | 104,206 | |||||||
| misc current assets | |||||||||
| total current assets | 16 | 16 | 16 | 16 | 105,128 | 116,105 | 104,866 | ||
| total assets | 16 | 16 | 16 | 16 | 105,128 | 116,105 | 104,866 | ||
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 23,567 | ||||||||
| Group/Directors Accounts | 53,777 | 100,583 | |||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 49,837 | 3,928 | |||||||
| total current liabilities | 23,567 | 103,614 | 104,511 | ||||||
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 23,567 | 103,614 | 104,511 | ||||||
| net assets | 16 | 16 | 16 | 16 | 81,561 | 12,491 | 355 | ||
| total shareholders funds | 16 | 16 | 16 | 16 | 81,561 | 12,491 | 355 |
| Mar 2024 | Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 11,973 | 532 | |||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | -76 | 177 | -177 | ||||||
| Stock | |||||||||
| Debtors | 16 | -105,112 | 65,445 | 39,023 | 660 | ||||
| Creditors | -23,567 | 23,567 | |||||||
| Accruals and Deferred Income | -49,837 | 45,909 | 3,928 | ||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 19,036 | 3,623 | |||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -53,777 | -46,806 | 100,583 | ||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -14 | ||||||||
| cash flow from financing | -53,777 | -46,820 | 100,583 | ||||||
| cash and cash equivalents | |||||||||
| cash | -76,422 | -27,784 | 104,206 | ||||||
| overdraft | |||||||||
| change in cash | -76,422 | -27,784 | 104,206 |
fortify social enterprise cic Credit Report and Business Information
Fortify Social Enterprise Cic Competitor Analysis
Perform a competitor analysis for fortify social enterprise cic by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in EH12 area or any other competitors across 12 key performance metrics.
fortify social enterprise cic Ownership
FORTIFY SOCIAL ENTERPRISE CIC group structure
Fortify Social Enterprise Cic has no subsidiary companies.
Ultimate parent company
FORTIFY SOCIAL ENTERPRISE CIC
SC507457
fortify social enterprise cic directors
Fortify Social Enterprise Cic currently has 4 directors. The longest serving directors include Ms Fiona Duncan (Jun 2015) and Ms Karen Brown (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Fiona Duncan | Scotland | 56 years | Jun 2015 | - | Director |
| Ms Karen Brown | United Kingdom | 54 years | Jun 2015 | - | Director |
| Ms Carolyn Sawers | United Kingdom | 51 years | Sep 2017 | - | Director |
| Dr Judith Turbyne | United Kingdom | 59 years | Sep 2024 | - | Director |
P&L
March 2024turnover
185.1
+8%
operating profit
0
0%
gross margin
39.7%
+0.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
16
0%
total assets
16
0%
cash
0
0%
net assets
Total assets minus all liabilities
fortify social enterprise cic company details
company number
SC507457
Type
Private Ltd By Guarantee w/o Share Cap
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
c/o corra foundation, office suite 30, pure offices, edinburgh, EH12 9DT
Bank
SANTANDER CORPORATE AND COMMERCIAL BANK
Legal Advisor
-
fortify social enterprise cic 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 fortify social enterprise cic.
fortify social enterprise cic 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 FORTIFY SOCIAL ENTERPRISE CIC. This can take several minutes, an email will notify you when this has completed.
fortify social enterprise cic Companies House Filings - See Documents
| date | description | view/download |
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