Forward Industrial Products Group

Forward Industrial supports world-class manufacturers by sourcing c-class consumables to providing bespoke/turnkey service solutions. Forward started its business activities in 1997 as a distributor of fasteners. In those days our distribution network was limited to the Midlands. However, we now distribute to all corners of the world and can offer every type of logistical system to meet your needs. Whether it is a single bag, pallet or complete container, direct line feed, inventory management or just scheduled deliveries, we can manage it. Couple our own manufacturing with our Global partnerships and you have a distribution network that proves to be extremely competitive and highly efficient. It is an absolute priority that we offer you a service that is second to none. When you need a product urgently no matter how simple or complex, we understand you need it now. We carry massive stocks of most products you will require but should we not have it we will identify, source locally or globally and get it to you by the fastest but most economical method.
Company Growth (employees)
Type
Private
HQ
Birmingham, GB
Founded
1997
Size (employees)
38 (est)+3%
Forward Industrial Products Group was founded in 1997 and is headquartered in Birmingham, GB

Forward Industrial Products Group Office Locations

Forward Industrial Products Group has an office in Birmingham
Birmingham, GB (HQ)
Wharfdale Rd

Forward Industrial Products Group Metrics

Summary Metrics

Founding Date

1997

Forward Industrial Products Group Financial Metrics

Forward Industrial Products Group's revenue was reported to be £12.3 m in FY, 2015 which is a 2% increase from the previous period.

Revenue (FY, 2015)

£12.3 m

Revenue growth (FY, 2014 - FY, 2015), %

2%

Gross profit (FY, 2015)

£2.6 m

Gross profit margin (FY, 2015), %

21%

Net income (FY, 2015)

£531 k

Cash (31-Aug-2015)

£345.8 k
FY, 2013FY, 2014FY, 2015

Revenue

£14.1 m£12.1 m£12.3 m

Revenue growth, %

(14%)2%

Cost of goods sold

£11.7 m£9.8 m£9.7 m

Gross profit

£2.3 m£2.3 m£2.6 m

Gross profit Margin, %

17%19%21%

Operating expense total

£1.8 m£1.8 m£1.8 m

Pre tax profit

£357.1 k£380.3 k£658.9 k

Net Income

£289.5 k£293.6 k£531 k
FY, 2013FY, 2014FY, 2015

Cash

£181.3 k£410.2 k£345.8 k

Accounts Receivable

£3.5 m£2.6 m£3 m

Current Assets

£5.3 m£5.1 m£5.6 m

PP&E

£252 k£222.1 k£260.4 k

Total Assets

£5.5 m£5.3 m£5.9 m

Accounts Payable

£1.9 m£2.1 m£2.1 m

Current Liabilities

£2.5 m£2.4 m£2.8 m

Retained Earnings

£212.5 k£139.3 k£373.4 k

Total Equity

£781.1 k£920.4 k£1.3 m

Financial Leverage

7 x5.7 x4.5 x
FY, 2013FY, 2014FY, 2015

Cash From Operating Activities

£472.7 k£921 k£521.8 k

Cash From Financing Activities

£47.8 k(£314.7 k)(£118.6 k)

Income Taxes Paid

(£67.6 k)(£86.7 k)(£128 k)
Y, 2015

Financial Leverage

4.5 x

Forward Industrial Products Group Company Life

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