FORWARD COMPUTERS LIMITED Financials
- Company number
- 03249628CopyCopy
- Registered office
- West Midlands Freight Terminal Station Road, Coleshill, Birmingham B46 1DT
- Incorporated
- 13/09/1996
Company snapshot
- Status
- Active
- Employees
- 23 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
65.61%vs 20232023: £468.15K
Total Assets
41.58%vs 20232023: £790.43K
Cash in Bank
80.93%vs 20232023: £387.74K
Total Liabilities
6.68%vs 20232023: £322.28K
Employees
-6vs 20232023: 29
In 2024, FORWARD COMPUTERS LIMITED reported net assets of £775.28K. The same filing shows total assets of £1.12M, cash in bank of £701.55K and total liabilities of £343.82K. Reported headcount was 23 in 2024. Total Assets rose from £790.43K in 2023 to £1.12M in 2024 (41.58%). Okredo holds filed figures for 2022–2024; 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
65.61%from £468.15K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures FORWARD COMPUTERS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+44.2%vs 2022+20.1% a year compound (CAGR)
Cash in Bank
+49.1%vs 2022+22.1% a year compound (CAGR)
Total Assets
+19.6%vs 2022+9.4% a year compound (CAGR)
Total Liabilities
-13.6%vs 2022-7% a year compound (CAGR)
Employees
-4.2%vs 2022-1Biggest increase
Cash in Bank+49.1%
£470.52K in 2022 to £701.55K in 2024
Biggest decrease
Total Liabilities-13.6%
£397.84K in 2022 to £343.82K in 2024
FORWARD COMPUTERS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FORWARD COMPUTERS 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
- 69.28%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.
- Liabilities to total assets
- 30.72%2024
- 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.
- Cash to liabilities
- 204.05%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 62.69%2024
- 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 FORWARD COMPUTERS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 537.67K | 468.15K | 775.28K |
| Total Assets£ | 935.51K | 790.43K | 1.12M |
| Cash in Bank£ | 470.52K | 387.74K | 701.55K |
| Total Liabilities£ | 397.84K | 322.28K | 343.82K |
| Employees | 24 | 29 | 23 |
FORWARD COMPUTERS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FORWARD COMPUTERS LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
FORWARD COMPUTERS LIMITED reported net assets of £775.28K for 2024. That compares with £468.15K in 2023, a change of 65.61%.
FORWARD COMPUTERS LIMITED reported total assets of £1.12M for 2024. That compares with £790.43K in 2023, a change of 41.58%.
FORWARD COMPUTERS LIMITED reported cash in bank of £701.55K for 2024. That compares with £387.74K in 2023, a change of 80.93%.
FORWARD COMPUTERS LIMITED reported 23 employees in 2024, compared with 29 in 2023.
Between 2022 and 2024, FORWARD COMPUTERS LIMITED's net assets rose by 44.2%, cash in bank rose by 49.1%, total assets rose by 19.6% and total liabilities fell by 13.6%. Net assets compounded at 20.1% a year across the two years to 2024, from £537.67K to £775.28K. Reported headcount went from 24 in 2022 to 23 in 2024 (-1).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.