FORTIS MERCHANTS LIMITED Financials
- Company number
- 08519394Copy
Copy - Registered office
- Bizspace Highlands Road, Shirley, Solihull B90 4PD
- Incorporated
- 08/05/2013
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
4.45%vs 20232023: £339.67K
Total Assets
13.84%vs 20232023: £4.64M
Cash in Bank
-5.79%vs 20232023: £3.54M
Total Liabilities
14.58%vs 20232023: £4.30M
Employees
0vs 20232023: 5
In 2024, FORTIS MERCHANTS LIMITED reported net assets of £354.80K. The same filing shows total assets of £5.29M, cash in bank of £3.34M and total liabilities of £4.93M. Reported headcount was 5 in 2024. Total Assets rose from £4.64M in 2023 to £5.29M in 2024 (13.84%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
4.45%from £339.67K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures FORTIS MERCHANTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+13.1%vs 2022+6.4% a year compound (CAGR)
Cash in Bank
-27.8%vs 2022-15% a year compound (CAGR)
Total Assets
-11.1%vs 2022-5.7% a year compound (CAGR)
Total Liabilities
-12.4%vs 2022-6.4% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+13.1%
£313.66K in 2022 to £354.80K in 2024
Biggest decrease
Cash in Bank-27.8%
£4.62M in 2022 to £3.34M in 2024
FORTIS MERCHANTS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FORTIS MERCHANTS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 6.71%2024
- Liabilities to total assets
- 93.29%2024
- Cash to liabilities
- 67.68%2024
- Cash to total assets
- 63.13%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FORTIS MERCHANTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 286.38K | 313.66K | 339.67K | 354.80K |
| Total Assets£ | 3.15M | 5.94M | 4.64M | 5.29M |
| Cash in Bank£ | 2.96M | 4.62M | 3.54M | 3.34M |
| Total Liabilities£ | 3.16M | 5.63M | 4.30M | 4.93M |
| Employees | 6 | 5 | 5 | 5 |
FORTIS MERCHANTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has FORTIS MERCHANTS LIMITED filed financial statements?
Yes. Okredo holds filed figures for FORTIS MERCHANTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did FORTIS MERCHANTS LIMITED report in 2024?
FORTIS MERCHANTS LIMITED reported net assets of £354.80K for 2024. That compares with £339.67K in 2023, a change of 4.45%.
What total assets did FORTIS MERCHANTS LIMITED report in 2024?
FORTIS MERCHANTS LIMITED reported total assets of £5.29M for 2024. That compares with £4.64M in 2023, a change of 13.84%.
What cash in bank did FORTIS MERCHANTS LIMITED report in 2024?
FORTIS MERCHANTS LIMITED reported cash in bank of £3.34M for 2024. That compares with £3.54M in 2023, a change of -5.79%.
How many people does FORTIS MERCHANTS LIMITED employ?
FORTIS MERCHANTS LIMITED reported 5 employees in 2024, compared with 5 in 2023.
How have FORTIS MERCHANTS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, FORTIS MERCHANTS LIMITED's net assets rose by 13.1%, cash in bank fell by 27.8%, total assets fell by 11.1% and total liabilities fell by 12.4%. Net assets compounded at 6.4% a year across the two years to 2024, from £313.66K to £354.80K. Reported headcount went from 5 in 2022 to 5 in 2024.
Which years of FORTIS MERCHANTS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.