FORWARD INDUSTRIAL PRODUCTS GROUP LIMITED Financials
- Company number
- 03341583CopyCopy
- Registered office
- Unit 2 Wharfdale Road, Tyseley, Birmingham B11 2DF
- Incorporated
- 27/03/1997
Company snapshot
- Status
- Active
- Employees
- 48 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
17.04%vs 20232023: £4.73M
Total Assets
11.47%vs 20232023: £11.63M
Cash in Bank
26.13%vs 20232023: £311.08K
Total Liabilities
8.06%vs 20232023: £6.83M
Employees
0vs 20232023: 48
In 2024, FORWARD INDUSTRIAL PRODUCTS GROUP LIMITED reported net assets of £5.54M. The same filing shows total assets of £12.96M, cash in bank of £392.38K and total liabilities of £7.38M. Reported headcount was 48 in 2024. Total Assets rose from £11.63M in 2023 to £12.96M in 2024 (11.47%). 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
17.04%from £4.73M 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 FORWARD INDUSTRIAL PRODUCTS GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+59.5%vs 2022+26.3% a year compound (CAGR)
Cash in Bank
+46.5%vs 2022+21% a year compound (CAGR)
Total Assets
+31.6%vs 2022+14.7% a year compound (CAGR)
Total Liabilities
+18%vs 2022+8.6% a year compound (CAGR)
Employees
-12.7%vs 2022-7Biggest increase
Net Assets+59.5%
£3.47M in 2022 to £5.54M in 2024
Biggest decrease
Employees-12.7%
55 in 2022 to 48 in 2024
FORWARD INDUSTRIAL PRODUCTS GROUP 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FORWARD INDUSTRIAL PRODUCTS GROUP 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
- 42.69%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
- 56.89%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
- 5.32%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
- 3.03%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £424.63K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FORWARD INDUSTRIAL PRODUCTS GROUP 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£ | 2.97M | 3.47M | 4.73M | 5.54M |
| Total Assets£ | 8.72M | 9.85M | 11.63M | 12.96M |
| Cash in Bank£ | 247.38K | 267.80K | 311.08K | 392.38K |
| Total Liabilities£ | 5.58M | 6.25M | 6.83M | 7.38M |
| Employees | 48 | 55 | 48 | 48 |
FORWARD INDUSTRIAL PRODUCTS GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FORWARD INDUSTRIAL PRODUCTS GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
FORWARD INDUSTRIAL PRODUCTS GROUP LIMITED reported net assets of £5.54M for 2024. That compares with £4.73M in 2023, a change of 17.04%.
FORWARD INDUSTRIAL PRODUCTS GROUP LIMITED reported total assets of £12.96M for 2024. That compares with £11.63M in 2023, a change of 11.47%.
FORWARD INDUSTRIAL PRODUCTS GROUP LIMITED reported cash in bank of £392.38K for 2024. That compares with £311.08K in 2023, a change of 26.13%.
FORWARD INDUSTRIAL PRODUCTS GROUP LIMITED reported 48 employees in 2024, compared with 48 in 2023.
Between 2022 and 2024, FORWARD INDUSTRIAL PRODUCTS GROUP LIMITED's net assets rose by 59.5%, cash in bank rose by 46.5%, total assets rose by 31.6% and total liabilities rose by 18%. Net assets compounded at 26.3% a year across the two years to 2024, from £3.47M to £5.54M. Reported headcount went from 55 in 2022 to 48 in 2024 (-7).
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.