Fortis Associates Ltd
12237011
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/01/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 9 other boards
Persons with Significant Control
Mr Vincent Charles Smith
British · England · Age 68
9, Golden Cross Mews, London, W11 1DZ
Notified 01/10/2019
CompanyRankvs 33392+ SIC 96020 peers38
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
-£416k
Balance sheet strength
Cash
£33k
Cash in the bank
Net Current Assets
-£285k
Working capital
Current Assets
£111k
Current Liabilities
£396k
Fixed Assets
£86k
Debtors
£78k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.28 | -£8k |
| 2023 | 0.14 | -£53k |
| 2022 | 0.03 | -£65k |
| 2021 | 0.49 | -£81k |
| 2020 | 0.53 | — |
Derived from filed accounts. Not audited figures.