Fortrus Limited

Fortrus Ltd from Stevenage, UK, is a sizable company, active since its founding 22 years ago. Employing eight individuals, it holds assets valued at £6,988,981 and generates yearly revenue of £8,858,358. With two directors and two owners, and a perfect 5.0 Google rating based on one review, it operates from a real address and is a somewhat irregular importer of optical and medical tools and devices, with only one month of imports recorded.

The company specializes in digital transformation services, offering a range of frameworks and solutions for businesses. Its website details a mission to revolutionize IT procurement and deployment through outcome-based solutions, wrapped in a managed service. Fortrus’s vision is to procure solutions from multiple suppliers, seamlessly integrated and delivering real value for money. They offer a digital marketplace and blueprint enablement program, catering to both public and private sector organizations. Services range from digitization and infrastructure support to cybersecurity and software development, with a focus on innovation and consultancy.

Financially, Fortrus Ltd presents a mixed picture. While turnover remained relatively stable, net assets decreased by 39% to £1.3 million, and cash reserves plummeted 81% to £290,000. Bank borrowings increased by 32% to £210,000, and trade debtors ballooned by 160% to £3.9 million, suggesting a reliance on customer payments. Despite these challenges, creditors decreased by 18%, indicating improved debt management. The company’s size—meeting two of three criteria for a large company—allows for agility, but the equity drop warrants closer examination. The accounts are unaudited, likely due to its size, and Bracey's Accountants (Audit) Limited is the auditor. Overall, Fortrus Ltd is navigating a complex financial landscape, leveraging its expertise in digital transformation to maintain its position in the market.

Registered in England/Wales under the registration number 04693188, with a registered address at SG1 2DX, United Kingdom, Stevenage, Hertfordshire, Business And Technology Centre, Bessemer Drive.

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