UK Companies House feature
FORRIT HOLDINGS LIMITED
Cash
—
Latest balance sheet
Net assets
£8M
+30.9% vs 2023
Employees
6
-14.3% vs 2023
Profit before tax
—
Period ending 2025-03-31
Profile
- Company number
- SC562197
- Status
- Active
- Incorporation
- 2017-03-31
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 62090
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2025-03-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | |
| Net profit | — | -£8,821 | -£9,434 | -£4,264 | — | -£103 | £0 | |
| Cash | — | £1,158 | £1,996 | £1,742 | — | — | — | |
| Total assets less current liabilities | — | £285,627 | £276,243 | £271,979 | — | £6,256,018 | £8,190,806 | |
| Net assets | — | -£14,373 | -£23,757 | -£28,021 | — | — | — | |
| Equity | -£5,552 | -£14,373 | -£23,757 | -£28,021 | -£1,216,072 | £6,256,018 | £8,190,806 | |
| Average employees | — | 5 | 8 | 8 | — | 7 | 6 | |
| Wages | — | — | — | — | — | £0 | £0 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Thomson Cooper
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At 31 March 2025 the group had cash at bank of £1,624,701 (31 December 2023 - £2,946,034) and net assets of £5,296,950 (31 December 2023 - £5,146,943). The directors have considered the latest forecasts of the business and made enquiries of management in reaching their conclusion on going concern. Following a £2 million equity investment during the period, the directors' have every confidence that the group has adequate resources through ongoing trading performance and available intercompany loan facilities to continue to operate for the foreseeable future. Accordingly they adopt a going concern basis in preparing these financial statements.”
Subsidiaries
- Forrit Technology Limited · 100% held · United Kingdom · development of the Forrit Platform
Significant events
- “A £2 million funding round was completed in February 2025 to allow continued investment in the product and sales and marketing activities.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARTON, Jeremy John Orr | Director | 2017-12-04 | Jun 1973 | British,Canadian |
| CUNNINGHAM, Douglas | Director | 2020-06-03 | Sep 1978 | British |
| GUGGENHEIMER, Steven Craig | Director | 2020-06-03 | May 1965 | American |
| MULINDER, David Austen | Director | 2018-11-20 | Dec 1961 | American,British |
| PROUD, Peter | Director | 2017-03-31 | Sep 1969 | British |
| WADDELL, John Maclaren Ogilvie | Director | 2017-03-31 | Apr 1956 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DOYLE, Kevin Michael | Director | 2017-11-02 | 2023-03-30 |
| JAMESON, Carolyn | Director | 2020-06-03 | 2023-02-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Scottish National Investment Bank Plc | Corporate entity | Shares 25–50%, Voting 25–50% | 2025-02-14 | Active |
| Peter Proud | Individual | Shares 25–50%, Voting 25–50% | 2017-11-02 | Active |
Filing timeline
Last 20 of 79 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-02-06 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-10-06 | AA | accounts | accounts with accounts type group |
| 2025-04-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-03-17 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-03-04 | AA01 | accounts | change account reference date company current extended |
| 2025-03-03 | AA01 | accounts | change account reference date company current extended |
| 2025-03-03 | AA01 | accounts | change account reference date company current shortened |
| 2025-03-03 | MA | incorporation | memorandum articles |
| 2025-03-03 | RESOLUTIONS | resolution | resolution |
| 2025-02-20 | SH01 | capital | capital allotment shares |
| 2025-01-23 | CH01 | officers | change person director company with change date |
| 2024-09-02 | AA | accounts | accounts with accounts type total exemption full |
| 2024-04-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-29 | AA | accounts | accounts with accounts type total exemption full |
| 2023-06-29 | CC01 | change-of-constitution | notice restriction on company articles |
| 2023-04-18 | SH08 | capital | capital name of class of shares |
| 2023-04-13 | SH08 | capital | capital name of class of shares |
| 2023-04-13 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-04-05 | MA | incorporation | memorandum articles |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory