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Forterro Uk Ltd

11936112

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

2ND FLOOR, LONDON, W1F 9LU
Incorporated 09/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
82990
Other business support service activities

Officers

Miss Fleur Polly Mary Rose Eldridge

director · Since 02/06/2020

SOLICITOR

BRITISH · ENGLAND · Age 46

Mr Paul Smolinski

director · Since 01/03/2021

CHIEF FINANCE OFFICER

BRITISH · UNITED KINGDOM · Age 61

Also on 10 other boards

Persons with Significant Control

Gotham Midco Limited

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

33, 33 Charterhouse Street, London, EC1M 6HA

Reg: 14030184 · Uk Companies House · Private Company Limited By Shares

Notified 14/04/2022

Former PSCs

Jeeves Information Systems Ab

Ceased 09/04/2019

Charges0 outstanding

Charge
satisfied

SILICON VALLEY BANK AS AGENT

Created 07/12/2021Registered 09/12/2021Satisfied 14/07/2022
Charge
satisfied

SILICON VALLEY BANK AS AGENT

Created 07/12/2021Registered 09/12/2021Satisfied 14/07/2022

CompanyRankvs 80049+ SIC 62020 peers
29

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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80049Forterro Uk Ltd
39
How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity2/20 pts

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

Longevity7/15 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

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

Going Concern Doubt

Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 . The following principal accounting policies have been applied: 2.2 Going concern The Company's ability to continue to trade is dependent upon the support of Jeeves Information Systems AB, its parent company. There is no indication that this support will be withdrawn and the

Key FinancialsYear ending 31/12/2022

Net Worth

-£2.3M

Balance sheet strength

Cash

£597k

Cash in the bank

Net Current Assets

-£128.6M

Working capital

Current Assets

£2.0M

Current Liabilities

£130.6M

Fixed Assets

£126.3M

Debtors

£1.4M

13avg. employees+7

Balance Sheet

Assets less current liabilities-£2.3M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20220.02-£2.2M
20210.07-£174k
20201.55+£35k
20191.31—

Derived from filed accounts. Not audited figures.