Fortis Trading Ltd

Fortis Trading Ltd, based in Rochdale, UK, is a small, active company founded 14 years ago. With three employees and £376,821 in assets, it operates from a virtual address – a fact highlighted by fifteen other companies registered at the same location. The business is led by three directors, with one owner, Gadd Matthew Thomas Higham. Fortis Trading specializes in importing and exporting plastics and plastic products, having imported for eight months and exported for six.

The company’s website describes it as a “global supply chain management company” connecting suppliers and buyers of paper-based packaging and other internationally traded products. It focuses on strong relationships, quality products, and reliable delivery, with a commitment to FSC-certified products. Core capabilities include international trade and global finance, with expertise in the forest industry. The website lists a wide range of products, including various types of Kraft paper, containerboard, and pulp, catering to the packaging industry. It also emphasizes sustainability, with FSC certification and support for reforestation efforts. The company was co-founded by John Booth and Peter Rolvink, both forest industry experts.

Financially, Fortis Trading Ltd shows a mixed picture. Current assets have decreased by 10% to £380,000, while net assets have fallen by 15% to £260,000. Bank borrowings have decreased by 13%, and cash reserves have dropped by 13% to £80,000. Trade debtors have seen a dramatic 65% decrease, which could be a positive sign of improved collections, or a sign of reduced sales. Creditors have also decreased by 13%. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity is a concern. No auditor is mentioned, which is typical for a small, exempt company. The significant increase in "Other Debtors" by 700% is an anomaly that requires further investigation.

Registered in England/Wales under the registration number 07359126, with a registered address at OL11 2YW, England, Rochdale, Arrow Mill, Queensway.

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