Forged Solutions Group

Forged Solutions Group is a provider of metalworking and forged services. It offers extrusions, forged rings, testing solutions, closed and open die forgings, and in-house design services. The company also manufactures shafts, rings, discs, asymmetric forgings, and extruded cylinders in a range of titanium, nickel, and steel alloys.

Employee Rating

3.6More
TypeSubsidiary
HQMatlock, GB
Founded2019
Websiteforgedsolutionsgroup.com
Forged Solutions Group was founded in 2019 and is headquartered in Matlock, GB

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Key People/Management at Forged Solutions Group

Ben McIvor

Ben McIvor

President
Lee Smith

Lee Smith

Chief Operating Officer
Duncan Hinks

Duncan Hinks

Chief Financial Officer
Henry Albers

Henry Albers

Board Member
Jonathan Winter

Jonathan Winter

Commercial Director
Anthony O'Neill

Anthony O'Neill

Genaral Manager, Darley Dale and Blaenavon Operations
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Forged Solutions Group Office Locations

Forged Solutions Group has offices in Matlock, Blaenavon and Sheffield
Matlock, GB (HQ)
Dale Rd N
Blaenavon, GB
Forge Side
Sheffield, GB
Meadowhall Rd
Sheffield, GB
Milford St
Sheffield, GB
Nether Ln, Ecclesfield
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Forged Solutions Group Financials and Metrics

Summary Metrics

Founding Date

2019

Forged Solutions Group Revenue

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Forged Solutions Group's revenue was reported to be £101.19 m in FY, 2019 which is a 1% increase from the previous period.
GBPFY, 2017FY, 2018FY, 2019

Revenue

104.6m100.2m101.2m

Revenue growth, %

(4%)1%

Cost of goods sold

101.1m97.2m96.6m

Gross profit

3.5m3.0m4.6m
GBPFY, 2017FY, 2018FY, 2019

Cash

1.8m242.0k11.3m

Accounts Receivable

20.4m18.5m257.0k

Prepaid Expenses

653.0k1.1m580.0k

Inventories

36.9m38.4m42.6m
GBPFY, 2018FY, 2019

Net Income

178.0k(1.1m)

Depreciation and Amortization

2.0m3.4m

Inventories

(1.5m)(4.1m)

Accounts Payable

(3.4m)3.9m
GBPFY, 2017

Revenue/Employee

226.9k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.2 x
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Forged Solutions Group Operating Metrics

Jun, 2021

Manufacturing Sites

5

Markets

6
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Forged Solutions Group Revenue Breakdown

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Forged Solutions Group revenue breakdown by business segment: 97.9% from Sales of goods and 2.1% from Other

Forged Solutions Group revenue breakdown by geographic segment: 20.3% from United Kingdom, 29.6% from Rest of Europe and 50.1% from Rest of World

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Forged Solutions Group Online and Social Media Presence

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Forged Solutions Group News and Updates

$1m technology investment at Darley Dale

Forged Solutions Group has announced a significant investment into two Scan Master LS200 ultrasonic scanning systems, boosting the capabilities and capacity of its Ultrasonics Department at Darley Dale.

$1m technology investment at Darley Dale

Forged Solutions Group has announced a significant investment into two Scan Master LS200 ultrasonic scanning systems, boosting the capabilities and capacity of its Ultrasonics Department at Darley Dale.

Forged Solutions Group Frequently Asked Questions

  • When was Forged Solutions Group founded?

    Forged Solutions Group was founded in 2019.

  • Who are Forged Solutions Group key executives?

    Forged Solutions Group's key executives are Ben McIvor, Lee Smith and Duncan Hinks.

  • How many employees does Forged Solutions Group have?

    Forged Solutions Group has 173 employees.

  • What is Forged Solutions Group revenue?

    Latest Forged Solutions Group annual revenue is £101.2 m.

  • What is Forged Solutions Group revenue per employee?

    Latest Forged Solutions Group revenue per employee is £584.9 k.

  • Who are Forged Solutions Group competitors?

    Competitors of Forged Solutions Group include Connecticut Spring & Stamping, Lufkin France and Ontic.

  • Where is Forged Solutions Group headquarters?

    Forged Solutions Group headquarters is located at Dale Rd N, Matlock.

  • Where are Forged Solutions Group offices?

    Forged Solutions Group has offices in Matlock, Blaenavon and Sheffield.

  • How many offices does Forged Solutions Group have?

    Forged Solutions Group has 5 offices.