FORPEOPLE LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +3.9%

  £11,825,356 → £12,287,447

  highest in 4 filed years

• Cash

  -88.2%

  £6,523,448 → £768,053

  lowest in 4 filed years

• Net assets

  -53.7%

  £9,015,605 → £4,175,824

  lowest in 4 filed years

• Employees

  +2%

  99 → 101

• Operating profit

  -45.9%

  £2,001,056 → £1,081,858

  first positive since 2020

• Profit before tax

  -44%

  £2,155,277 → £1,206,322

  first positive since 2020

• Wages

  +5.2%

  £5,581,672 → £5,873,259

  highest in 4 filed years

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. FORPEOPLE LIMITED 2004-08-04 → present
2. CHARCO 1088 LIMITED 2004-06-21 → 2004-08-04

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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

• “Headcount remained stable, 17 people joined and 15 people left.”
• “Reputation development efforts continued in 2024 and saw increased outreach and media coverage.”
• “Two members of the senior team represented us at SXSW 2024 events in Austin, TX. We also secured two further opportunities for SXSW 2025 in Austin, TX as well as planned participation in SXSW 2025 in London.”
• “We decided to change our PR partner from a US generalist to a UK specialist.”
• “The employee-led Forgood initiative has a broad and engaged leadership committee. They have conceived and managed many initiatives and report on these on a quarterly basis.”
• “Our educational outreach and engagement continued to be outstanding (we were able to provide 19 meaningful student work experiences and 5 high-quality internships). Several of our staff have undertaken coaching and mentoring qualifications to support this.”
• “We also put in place The Kay Knights Bursary to assist young people, entering the field of human resources, with professional development sponsorship.”
• “Regular donations were made to several other charities.”
• “It was our pleasure to undertake pro bono work for Amplify Goods, a social enterprise which enables those often excluded from work opportunities to produce cleaning and personal care products for retail and other institutions, including the NHS.”
• “We also secured a strategic brand engagement with Tree Aid to be undertaken in 2025.”
• “Work continued in 2024 to improve our B-Corp score. This substantially increased after October when the company started to implement carbon and air quality monitoring, SBTi carbon reduction targets as well as, at group-level, significantly enhanced inclusivity and transparency measures.”
• “In 2024, the shares of Forpeople Ltd were exchanged for shares in Forpeople Group (Holdings) Ltd, and the shares of Forpeople BV were transferred to Holdco. As a result, both Forpeople Ltd and Forpeople BV became direct subsidiaries of the new Holdco.”
• “Following the reorganisation, the directors of Forpeople Ltd resigned from its board and joined the Holdco board. They were replaced on the Forpeople Ltd board by two local senior managers.”
• “At the same time Forpeople Ltd sold its founding shareholding in Amble SA to Forpeople Ventures Ltd, a company not in the Group.”
• “We held the For20 Event for the entire team to celebrate the milestone; the Ecosystem Event - for our clients past and present to celebrate our mutually productive relationships and finally, the Forpeople Trust was created - to ensure all Forpeople employees will share in our future success. 90% of the equity in the Holdco was then sold to the Employee Ownership Trust in October 2024.”
• “Revenue grew by 4% (8% growth prior year) and margins were 11% profit (17% profit prior year).”
• “The volume of business was increased from the prior year and the sectors from which this came were significantly different, although the work type had not.”
• “Profits were reduced by the significant costs of restructure, additional senior hires, staff bonuses, additional investments in reputation development, pitching costs and the transition to employee ownership.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.