Company information
Business description
Forbidden Technologies plc develops and delivers web-based solutions for video post-production, including logging, editing, reviewing, publishing and hosting. Forbidden's main product, FORscene, is aimed at the professional broadcast market. Its product Clesh is designed for use by consumers.
Directors
- Vic Steel, Chairman
- Stephen B. Streater, CEO
- Phil Madden, Finance Director
- Greg Hirst, Business Development Director
- David Main, Non-executive Director
See biographies here.
Directors' responsibilities
Vic Steel: to Chair General meetings and Board meetings; to apply his wisdom to the needs to the company.
Stephen B. Streater: to oversee all aspects of the running of the company; to ensure the optimal quality and level of staff is available; to integrate output from R&D, Sales, Marketing, Finance and Admin to ensure products and services meet the needs of customers.
Phil Madden: to prepare company interim and annual accounts; to liaise with the auditors; to prepare management accounts; to ensure smooth running of the financial side of the company; to prepare cashflow forecasts; to prepare the budget.
Greg Hirst: to manage customer and partner relationships; to deliver Forbidden's technology into real life applications; to create and pursue business opportunities from potential significant customers; to manage the sales and marketing functions.
David Main: to provide independent advice to the Board on all matters of company strategy, and in particular, in relation to business development.
Committees
Remuneration committee: Vic Steel, Stephen Streater, David Main - to determine staff salaries and share option entitlements.
Audit committee: Vic Steel, David Main - to review financial issues and corporate governance.
Country of incorporation
England, which is the main country of operation.
Documents
Memorandum and articles of association
Shares in issue
76,162,500 ordinary shares of 0.8p.
Percentage not in public hands: 83.0%
The holdings of Directors are listed below:
- SB Streater: 62,760,000 (82.4%)
- VJ Steel: 362,500 (0.48%)
- PJ Madden: 65,685 (0.09%)
- GB Hirst: 60,000 (0.08%)
No outside shareholders hold more than 3% of the company's shares.
Report and accounts
Recent annual and interim reports are available from here.
RNS Announcements
Recent RNS announcements are available here.
AIM admission document
The February 2000 AIM admission document is available here.
Advisors
Nominated Advisor
Brewin Dolphin Corporate Finance
48 St Vincent Street
Glasgow G2 5TS
Solicitors
Blake Lapthorn Tarlo Lyons
Watchmaker Court
33 St John's Lane
London EC1M 4DB
Auditors
KingstonSmith LLP
Devonshire House
60 Goswell Road
London EC1M 7AD
AIM Rule 26
The information available in this section is being disclosed pursuant to Rule 26 of the AIM Rules for Companies.
The information on this page was last updated on 30 July 2008.
