Forum Contracts Limited

Forum Contracts Ltd, based in Wickford, UK, is a small, active company founded 20 years ago. With 17 employees and £5,600,886 in assets, it’s a well-established player in the construction industry. The company has four directors and two owners, and boasts an impressive Google rating of 5.0 from 21 reviews. It’s an irregular importer of iron and steel, with just one month of imports recorded.

The company’s website highlights its expertise as a nationwide main contractor, providing full construction services from fit-out to new developments across various sectors including education, retail, commercial, residential, leisure, industrial, and healthcare. It has delivered over £220 million worth of projects. The website also shows a range of projects, including retail, education, health, residential, and commercial builds. The company has four offices: Essex, London, Somerset, and Suffolk.

Financially, Forum Contracts Ltd has seen some interesting shifts. While current assets increased by a substantial 48% to £5,600,000, net assets also jumped by 73% to £690,000. Bank borrowings decreased by 29% to £360,000, and cash reserves remained stable. However, creditors increased significantly by 140% to £1,200,000, and other debtors decreased by 40%. The company’s small size—meeting two of three criteria for being a small company—helps it remain flexible, but the increase in creditors could be a cause for concern. The company’s average number of employees increased by 29% to 22, which may be a sign of growth. The company’s accounts are unaudited, and no auditor is mentioned.

Overall, Forum Contracts Ltd appears to be a healthy, growing business, although the increase in creditors warrants further monitoring. The company’s focus on diverse sectors and its strong reputation suggest it’s well-positioned for continued success, despite the increase in creditors.

Registered in England/Wales under the registration number 05284032, with a registered address at SS11 8YR, England, Wickford, 5-6 Hurricane Way.

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