FORTH BUILDING SERVICES LTD

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +18.8%

  £12,713,158 → £15,104,003

• Cash

  +54.7%

  £765,553 → £1,183,945

  highest in 6 filed years

• Net assets

  +14.3%

  £1,775,927 → £2,029,413

  highest in 6 filed years

• Employees

  +25%

  64 → 80

  highest in 6 filed years

• Operating profit

  -22.5%

  £1,975,085 → £1,530,581

• Profit before tax

  -34.6%

  £1,965,226 → £1,285,131

• Wages

  +33.7%

  £2,978,568 → £3,982,308

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. FORTH BUILDING SERVICES LTD 2021-05-06 → present
2. M.H. SOWDEN LIMITED 2000-08-04 → 2021-05-06

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Fiander Tovell

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Turnover increased by 18.8% year on year, driven by a significant contract win, positively affecting both maintenance and installation income.”
• “The business has further supported this strategic aim with investment in a CRM system, along with an industry specific asset management system to ensure clients receive a premium service in all engagements.”
• “The business continues to invest in growing sales through its existing customer base and targeted new clients, who invest in their assets, to ensure alignment to our service offering.”
• “This along with retention of all significant clients has seen our market share increase aligned to our strategic targets, which has positioned the business well for future growth opportunities, supported by the appointment of key hires in delivery and operational roles.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.