FORTEM SOLUTIONS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. FORTEM SOLUTIONS LIMITED 2016-12-15 → present
2. WILLMOTT DIXON PARTNERSHIPS LIMITED 2009-12-31 → 2016-12-15
3. INSPACE PARTNERSHIPS MAINTENANCE & STOCK REINVESTMENT LIMITED 2006-12-29 → 2009-12-31
4. INSPACE PARTNERSHIPS LIMITED 2003-05-30 → 2006-12-29
5. WILLMOTT DIXON PROPERTY SERVICES PARTNERSHIPS LIMITED 2003-03-02 → 2003-05-30
6. STOREHOPE LIMITED 2003-01-16 → 2003-03-02

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. FORTEM SOLUTIONS LIMITED · parent
   1. Fortem 4Life Limited 100% · UK · Training services
   2. Fortem Holdings Limited 100% · UK · Dormant
   3. Fortem Energy Services Limited 100% · UK · Dormant

Significant events

• “During 2024, Fortem performed well under extremely challenging circumstances. Turnover for the year was £208,642,558 (2023: £170,429,643) and this generated a profit before taxation of £4,609,578 (2023: £2,899,196). Both Turnover and profit was improved on expectations as we worked together with many of our clients to mitigate the impacts of rising costs and labour shortages for both.”
• “2024 saw us stabilising all our contracts improving both performance and efficiencies. We focused on winning work relating to housing improvement, one of our key growth areas, which has seen success in the later and first quarter of 2023/4, securing £6m Building Safety improvement works for Kirklees council, £7m Decent Homes works for The Guinness Partnerships and £10m decarbonisation works for Sanctuary Housing.”
• “We are also delighted to announce that we have secured a further two year interim contract arrangement with Birmingham City Council, extending our long term relationship with the City to over 16 years. Over the period of this interim contract arrangement, we will deliver a broad range of workstreams including the installation of over 15,000 elemental replacements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +22.4%

  £170,429,643 → £208,642,558

• Cash

  +0.8%

  £5,555,000 → £5,600,000

• Net assets

  +35.4%

  £9,715,724 → £13,155,830

• Employees

  +5.9%

  999 → 1,058

• Operating profit

  +57.1%

  £2,894,255 → £4,546,498

• Profit before tax

  +59%

  £2,899,196 → £4,609,578

• Wages

  +14.3%

  £39,597,880 → £45,274,939

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers