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Fortice Ltd

07076659

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

103 WHITELADIES ROAD, BRISTOL, BS8 2PB
Incorporated 14/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr James Para

director · Since 14/11/2009

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mr Allan Alexander Rosengren

director · Since 17/11/2021

RECRUITMENT CONSULTANT

BRITISH · ENGLAND · Age 37

Mrs Janet Thelma Para

director · Since 22/02/2022

COMPANY SECRETARY

BRITISH · ENGLAND · Age 76

Also on 1 other board

Mrs Hannah Rose Para

director · Since 01/10/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr James Para

Significant control

British · England · Age 44

103, Whiteladies Road, Bristol, BS8 2PB

Notified 13/07/2018

Jp Applied Technologies Limited

75–100% shares
75–100% votes
Appoint directors

Bath House, 6-8 Bath Street, Bristol, BS1 6HL

Reg: 11361588 · Companies House · Private Company Limited By Shares

Notified 13/07/2018

Former PSCs

Mr John Thatcher

Ceased 13/07/2018

Mr Paul Jonathan Chaffe

Ceased 13/07/2018

Charges1 outstanding

Charge
outstanding

PRAETURA INVOICE FINANCE LIMITED

Created 23/08/2024Registered 25/08/2024
Charge
satisfied

ABN AMRO ASSET BASED FINANCE N.V.

Created 25/09/2018Registered 27/09/2018Satisfied 27/08/2024
Charge
satisfied

ABN AMRO COMMERCIAL FINANCE PLC

Created 01/09/2016Registered 05/09/2016Satisfied 27/08/2024
charge
satisfied

LEUMI ABL LIMITED

Created 02/02/2010Registered 05/02/2010Satisfied 07/02/2017

CompanyRankvs 8311+ SIC 78109 peers
37

Financial strength4th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied: 2.2 GOING CONCERN At the balance sheet date the company had net liabilities of £ 45,715 . The directors have considered the ability to continue as a going concern and believe this to be an appropriate bas

Key FinancialsYear ending 31/12/2024

Net Worth

-£46k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.2M

Fixed Assets

£70k

Debtors

£381k

13avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Bank loans & overdrafts£30k
Assets less current liabilities£102k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.03-£162k
20231.11-£168k
20221.18+£138k
20211.11+£6k
20201.15+£36k
20191.15-£22k
20181.06

Derived from filed accounts. Not audited figures.