Forsta (europe) Ltd

Forsta Europe Ltd is a small, active company based in London, UK. Founded twenty years ago in 2004, the firm has four directors and no reported owners, employing just three people. It holds assets valued at £21,876,270, but operates from a virtual address shared by sixty-three other companies. The company regularly imports and exports electrical machinery and equipment, with 6 months of import activity and 3 months of export activity recorded.

The company operates in the other telecommunications activities industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website is currently unavailable, making it difficult to assess its e-commerce activities.

Financially, Forsta Europe Ltd shows some interesting trends. Accumulated depreciation on computer equipment increased by 13%, while amounts owed by group undertakings remained stable. Cash bank on hand saw a significant boost, rising by 76%, and creditors decreased by 7%. However, trade debtors saw a decline of 4.2%, and other taxation and social security payable dropped by 30%. Despite these fluctuations, net current assets liabilities increased by 6.7%, and total assets less current liabilities rose by 6.6%. The company’s financial statements are audited, and MGR SD Limited served as the auditor.

While the company’s financial position appears generally stable, the decrease in trade debtors could indicate challenges in collecting payments. The increase in cash reserves is a positive sign, suggesting improved liquidity. However, the lack of owner reporting could raise questions about governance and control. Overall, Forsta Europe Ltd seems to be navigating a competitive market, but its long-term success will depend on its ability to maintain profitability and adapt to changing industry dynamics.

Registered in England/Wales under the registration number 05271302, with a registered address at EC4R 3TT, United Kingdom, London, Fieldfisher Riverbank House, 2 Swan Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.