FORTRA INTERNATIONAL GROUP LIMITED

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2023-12-31.

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

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the year end, the Group has net liabilities of £105,492,068 (2023 - £91,805,773), Parent Company net liabilities of £27,494,582 (2023 - £20,539,711) and Group net current liabilities of £132,800,919 (2023 - £138,457,003) which includes deferred income of £52,475,499 (2023 - £47,283,519), Parent Company net current liabilities of £87,840,314 (2023 - £80,885,443). The directors have carefully reviewed the prospects of the Group. Given the Group and Parent Company have positive operating cashflows, the directors believe that the current performance along with the future forecasts will generate sufficient income to cover all operational working capital as they fall due. The Group and Parent Company are reliant on the intercompany loans with the Parent Company (see note 15) not being called in until sufficient cash has been generated to settle the balances. Should the Group require financial support to meet its obligations as they fall due for payment, Fortra International Group Limited have received a letter of support from HS MidCo Inc, their ultimate parent company. HS Midco, Inc confirms the commitment to continue to make available all intercompany arrangements within the HS Midco Inc. Group for the twelve months following the date of approval of the financial statements, inclusive of the primary loan provided by Help Systems LLC to Fortra International Limited. The directors have assessed the ability of HS Midco Inc. to provide this support, and have concluded that they believe that HS Midco Inc., will be able to provide financial support as required. The directors therefore consider it appropriate that the financial statements are prepared on a going concern basis.”

Group structure

1. FORTRA INTERNATIONAL GROUP LIMITED · parent
   1. Fortra International Limited 100% · United Kingdom
   2. Help/Systems International S.A.S. 100% · France
   3. Help/Systems International Pty Limited 100% · Australia
   4. Help/Systems International GmbH 100% · Switzerland
   5. Tango 04 Computing Group, S.L. 100% · Spain
   6. Barcelona/04 Computing Group S.R.L 100% · Argentina
   7. Clearswift Holding Limited 100% · United Kingdom
   8. Clearswift Technologies Holdings Limited 100% · United Kingdom
   9. Clearswift Limited 100% · United Kingdom
   10. Clearswift Australia 100% · Australia
   11. Clearswift Japan 100% · Japan
   12. Clearswift Germany 100% · Germany
   13. Boldon James Limited 100% · United Kingdom
   14. Beyond Security Ltd 100% · Israel
   15. Beyond Security Inc 100% · United States

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

Filings

4

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -48.4%

  -£13,836,725 → -£20,539,711

• Employees

  +37.2%

  218 → 299

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers