Forty Asset Management LLP
Registered name: FORTY ASSET MANAGEMENT LLP
Part of Forty Group Ltd groupForty Asset Management LLP made £528k revenue and a £4.9k loss in the year to 31 Jul 2024.
Forty Asset Management LLP’s revenue grew 9% to £528k in the year to 31 Jul 2024, with a loss of £4.9k and 1 employee. The company is based in London; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- London, London
- Age
- 18 yrs · since 2008
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £484k | £528k |
| Cost of sales | — | £293k | £191k |
| Gross profit | — | £191k | £337k |
| Operating profit | — | £123k | £231k |
| Profit after tax | — | −£6.2k | −£4.9k |
| Profit (best available) | — | −£6.2k | −£4.9k |
| Employees (average) | 0 | 0 | 1 |
| Ratios | |||
| Profit margin | — | −1.3% | −0.9% |
| Gross margin | — | 39.4% | 63.8% |
| Revenue per employee | — | — | £528k |
| Profit per employee | — | — | −£4.9k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.4k | £431 | £440 |
| Net assets | — | — | — |
| Fixed assets | £1 | £348 | £261 |
| Current assets | £224k | £146k | £127k |
| Debtors | £14.3k | £72.4k | £121k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- −0.9%
- Profit ÷ revenue.
- Gross margin
- 63.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £528k
- Revenue ÷ average employees.
- Profit per employee
- −£4.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- ▲2%
- Now £440
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £261
Group structure
Ownership chain
- Forty Group Ltdultimate parent75–100%
- Forty Asset Management LLPthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Jul 2024 (profit −£4.9k), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.