Fortna Uk Limited

Fortna UK Limited, based in Milton Keynes, is a sizable company with an active status, having been incorporated 33 years ago in June 1991. Employing 52 people, the company holds assets totaling £28,794,555 and generates a yearly revenue of £29,073,198. It operates from a real address and is overseen by three directors, although no owners are officially registered. The company boasts a Google rating of 4.0 based on three reviews. It regularly imports electrical machinery and equipment (53 months) and occasionally exports (1 month).

Fortna UK Limited specializes in warehouse optimization, design, and automation services. Its website highlights a "Distribution Optimization Framework" leveraging proprietary tools and algorithms to deliver solutions using automation technologies and software. They cater to various industries, including aftermarket parts, consumer packaged goods, electronics, and retail, offering solutions from central hubs to microfulfillment. The company’s services extend beyond design and implementation, providing lifecycle performance services like modernization and maintenance.

Financially, Fortna UK Limited presents a mixed picture. While current assets increased by 44% to £29 million, net assets only grew by 19% to £6.8 million. Bank borrowings surged by 210% to £22 million, while cash reserves fell 96% to just £360,000—a significant drop. Creditors decreased by 76% to £710,000, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) indicates a substantial operation, but the sharp cash decline raises questions. Turnover decreased by 59% to £29 million, and net losses deepened, suggesting potential pressures. The accounts were audited by BN Audit Services Limited.

The company’s focus on automation and software, combined with its long history, suggests a commitment to innovation. However, the financial trends indicate a need for careful management to ensure long-term sustainability. It’s possible the increased borrowing reflects investments in new technologies or expansion, but the decline in cash warrants closer scrutiny.

Registered in England/Wales under the registration number 02619692, with a registered address at MK9 1AG, England, Milton Keynes, Victoria House, 199 Avebury Blvd.

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