Future Fortunes Ltd
- Small
- Active
- 3 years
- 4 employees
- £23,145 (assets)
- Real address
- 3 directors
- 2 owners
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Future Fortunes Ltd from Stanmore UK is a small company with an active status, founded three years ago. It employs four people and holds £23,145 in assets, operating from a real address and managed by three directors and two owners. The company runs an e-commerce site.
The website, Future Fortunes, Inc, is primarily focused on barrel racing and equine events. It offers a unique enrollment fee system for its "Fast Five Team Races," promising substantial bonus money and championships. The site details a complex system of payouts, slot races, and juvenile sire events, catering to a niche equestrian community. Beyond the racing aspect, the site also promotes stallion and foal searches, news, and upcoming events, creating a vibrant online hub for barrel racers. The site’s content suggests a long-standing tradition and a commitment to supporting the sport.
Financially, Future Fortunes Ltd presents a mixed picture. Cash and cash equivalents increased by 28% to £3,800, but net assets decreased significantly by 93% to -£25,000. Creditors rose by 85% to £47,000, and trade payables increased by 82% to £44,000. Interestingly, the number of employees decreased by 25% to three. The company’s small size—meeting two of three criteria for being a small company—helps it stay nimble, but the substantial equity decline is concerning. The company has not taken exemption under Companies Act in not publishing its own profit loss account. The financial statements were authorised on November 26, 2024. With no auditor mentioned, the figures are unaudited.
The company’s financial health is a little shaky, but the website’s active community and unique program suggest a loyal customer base. Whether this is enough to sustain the business long term remains to be seen.
Registered in England/Wales under the registration number 13476880, with a registered address at HA7 2HT, England, Stanmore, Middlesex, 25 York Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Hirani Akshay Sanjay
- 2 years
- 4
- 25%+
-
Resident of United Kingdom
-
Individual
- Vora Saahil Paresh
- 2 years
- 3
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Vora Saahil Paresh
- 3 years
- 3
-
Resident of United Kingdom
-
Individual
- Hirani Akshay Sanjay
- 3 years
- 4
-
Resident of United Kingdom
-
Individual
- Ratnakumaran Shandeepan
- 3 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2023-12-24Download 7 pages pdf report
-
Confirmation statement made on 2024-06-24 with updatesDownload 4 pages pdf report
-
Registered office address changed from 71-75 Shelton Street Covent Garden London WC2H 9JQ England to 25 York Avenue Stanmore Middlesex HA7 2HT on 2023-08-24Download 1 page pdf report
FAQ about Future Fortunes Ltd
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