Forward Products (2013) Ltd

Forward Products (2013) Ltd, based in Bromsgrove, UK, is a small, active family business established eleven years ago. Employing 24 people, the company holds £2,654,544 in assets and operates a real address. With five directors and two owners, it’s a tight-knit operation, supported by a 5.0 Google rating from eleven reviews. The company regularly imports paper and paperboard products, with nineteen months of import activity recorded.

The company’s website, forwardfurniture.co.uk, positions itself as a specialist in school supplies and furniture. From stationery and exercise books to cleaning products and classroom equipment, it caters to educational institutions. The site emphasizes expert support, flexible ordering, and personalised covers for exercise books—hallmarks of a business focused on customer service. It also offers a “Swap Save” range for budget-conscious schools and provides free COSHH training, highlighting its commitment to safety.

Financially, Forward Products (2013) Ltd shows a mixed picture. Cash bank on hand increased significantly by 140%, reaching £960,000, while finished goods decreased by 43% to £750,000. Creditors decreased by 20% to £210,000, suggesting improved debt management. However, net deferred tax liability asset increased by 63% to £75,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The increase in bank borrowings, however, may indicate a need for additional capital. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Forward Products (2013) Ltd appears to be a stable, family-run business, but the financial data suggests it may be facing some pressures. The company’s focus on customer service and its commitment to providing value for schools are key strengths, but it will need to manage its finances carefully to ensure long-term success.

Registered in England/Wales under the registration number 08598414, with a registered address at B60 3DR, England, Bromsgrove, Unit 11 Sherwood Road.

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