Forta Events Limited

Forta Events Ltd from London UK: a small, active company founded four years ago, employs seventeen people, and holds £503,477 in assets. Operating from a virtual address, the company is managed by four directors and owned by two individuals, boasting a perfect 5.0 Google rating from nine reviews. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances, with recent imports recorded just last month.

The company’s website, Forta Productions, positions itself as global event production specialists, delivering technical production and content creation for live events. They offer a range of services, including design, live event production, content design (motion graphics, filming, video editing), and virtual event production—bringing speakers and attendees together online. Their team is extensive, comprising a CEO, managing director, operations director, finance director, technical director, project managers, and support staff. They even have a warehouse team and production designers.

Financially, Forta Events Ltd has experienced some turbulence. Current assets have dropped significantly, falling 75% to £500,000. Net assets have also taken a hit, decreasing 61% to £530,000. Bank cash has plummeted 81%, leaving just £220,000. Creditors have also reduced, a good sign, but the sharp decline in cash and assets is concerning. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests exemption as a small company.

While the company’s website showcases a diverse range of services and a skilled team, the financial data suggests it's burning through money. The decrease in assets and cash reserves, alongside increased borrowings, indicates a need to carefully manage expenses. The company's management team, however, appears to be large and experienced, which could be a positive sign for future growth.

Registered in England/Wales under the registration number 12791613, with a registered address at SE18 6SS, England, London, Wellesley House, Duke Of Wellington Avenue.

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