friends trusts limited
friends trusts limited Company Information
Company Number
00188362
Website
http://quaker.org.ukRegistered Address
friends house,, 173-177 euston road, london, NW1 2BJ
Industry
Activities of religious organisations
Telephone
02076631082
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
friends trusts limited Estimated Valuation
Pomanda estimates the enterprise value of FRIENDS TRUSTS LIMITED at £155.8k based on a Turnover of £165k and 0.94x industry multiple (adjusted for size and gross margin).
friends trusts limited Estimated Valuation
Pomanda estimates the enterprise value of FRIENDS TRUSTS LIMITED at £2.3m based on an EBITDA of £472.9k and a 4.78x industry multiple (adjusted for size and gross margin).
friends trusts limited Estimated Valuation
Pomanda estimates the enterprise value of FRIENDS TRUSTS LIMITED at £24.2m based on Net Assets of £7.4m and 3.28x industry multiple (adjusted for liquidity).
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Friends Trusts Limited Overview
Friends Trusts Limited is a live company located in london, NW1 2BJ with a Companies House number of 00188362. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in March 1923, it's largest shareholder is unknown. Friends Trusts Limited is a mature, micro sized company, Pomanda has estimated its turnover at £165k with declining growth in recent years.
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Friends Trusts Limited Health Check
Pomanda's financial health check has awarded Friends Trusts Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £165k, make it smaller than the average company (£313.6k)
£165k - Friends Trusts Limited
£313.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (2.2%)
-32% - Friends Trusts Limited
2.2% - Industry AVG
Production
with a gross margin of 71.9%, this company has a comparable cost of product (71.9%)
71.9% - Friends Trusts Limited
71.9% - Industry AVG
Profitability
an operating margin of 286.7% make it more profitable than the average company (-0.9%)
286.7% - Friends Trusts Limited
-0.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- Friends Trusts Limited
6 - Industry AVG
Pay Structure
on an average salary of £22.9k, the company has an equivalent pay structure (£22.9k)
- Friends Trusts Limited
£22.9k - Industry AVG
Efficiency
resulting in sales per employee of £55k, this is equally as efficient (£60.7k)
- Friends Trusts Limited
£60.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Friends Trusts Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Friends Trusts Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Friends Trusts Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 93 weeks, this is less cash available to meet short term requirements (370 weeks)
93 weeks - Friends Trusts Limited
370 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.4%, this is a higher level of debt than the average (5.2%)
7.4% - Friends Trusts Limited
5.2% - Industry AVG
FRIENDS TRUSTS LIMITED financials
Friends Trusts Limited's latest turnover from December 2023 is £165 thousand and the company has net assets of £7.4 million. According to their latest financial statements, we estimate that Friends Trusts Limited has 3 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 164,960 | 259,685 | 217,143 | 521,330 | 3,823,686 | 355,148 | 956,839 | 960,575 | 880,251 | 967,477 | 4,077,656 | 740,890 | 286,949 | 1,463,977 | 315,621 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 147 | 357 | 230 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 394,214 | -1,261,273 | 818,477 | -68,295 | 1,017,421 | -59,041 | -187,270 | 354,871 | -112 | -44,475 | -18,098 | -174,728 | 8,659 | -132,400 | -67,281 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 394,214 | -1,261,273 | 818,477 | -68,295 | 1,017,421 | -59,041 | -187,270 | 354,871 | -112 | -44,475 | -18,098 | -174,728 | 8,659 | -132,400 | -67,281 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 394,214 | -1,261,273 | 818,477 | -68,295 | 1,017,421 | -59,041 | -187,270 | 354,871 | -112 | -44,475 | -18,098 | -174,728 | 8,659 | -132,400 | -67,281 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 5,511,987 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 6,914,717 | 6,486,468 | 7,878,764 | 7,102,481 | 6,455,428 | 0 | 5,940,774 | 5,471,862 | 5,007,307 | 5,042,393 | 4,876,061 | 4,259,146 | 3,903,837 | 4,077,253 | 3,811,722 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,914,717 | 6,486,468 | 7,878,764 | 7,102,481 | 6,455,428 | 5,511,987 | 5,940,774 | 5,471,862 | 5,007,307 | 5,042,393 | 4,876,061 | 4,259,146 | 3,903,837 | 4,077,253 | 3,811,722 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 408,067 | 0 | 40,000 | 95,000 | 427,679 | 50,000 | 266,860 | 0 | 2,052 | 7,504 | 7,478 | 29,804 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 493 | 18,290 | 25,119 | 0 | 877,273 | 0 | 2,946 | 3,630 | 2,662 | 1,747 | 16,065 | 0 | 0 | 0 | 0 |
| Cash | 1,054,596 | 1,052,273 | 812,448 | 346,810 | 606,581 | 695,142 | 395,293 | 252,612 | 133,085 | 118,486 | 128,393 | 130,526 | 280,273 | 260,530 | 365,259 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,055,089 | 1,070,563 | 837,567 | 754,877 | 1,483,854 | 737,365 | 493,239 | 683,921 | 185,747 | 387,093 | 144,458 | 132,578 | 287,777 | 268,008 | 395,063 |
| total assets | 7,969,806 | 7,557,031 | 8,716,331 | 7,857,358 | 7,939,282 | 6,249,352 | 6,434,013 | 6,155,783 | 5,193,054 | 5,429,486 | 5,020,519 | 4,391,724 | 4,191,614 | 4,345,261 | 4,206,785 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 586,562 | 568,002 | 466,028 | 425,532 | 1,084,558 | 0 | 152,302 | 179,515 | 56,009 | 272,950 | 16,961 | 6,238 | 7,464 | 5,351 | 5,048 |
| total current liabilities | 586,562 | 568,002 | 466,028 | 425,532 | 1,084,558 | 412,049 | 152,302 | 179,515 | 56,009 | 272,950 | 16,961 | 6,238 | 7,464 | 5,351 | 5,048 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 586,562 | 568,002 | 466,028 | 425,532 | 1,084,558 | 412,049 | 152,302 | 179,515 | 56,009 | 272,950 | 16,961 | 6,238 | 7,464 | 5,351 | 5,048 |
| net assets | 7,383,244 | 6,989,029 | 8,250,303 | 7,431,826 | 6,854,724 | 5,837,303 | 6,281,711 | 5,976,268 | 5,137,045 | 5,156,536 | 5,003,558 | 4,385,486 | 4,184,150 | 4,339,910 | 4,201,737 |
| total shareholders funds | 7,383,244 | 6,989,029 | 8,250,303 | 7,431,826 | 6,854,724 | 5,837,303 | 6,281,711 | 5,976,268 | 5,137,045 | 5,156,536 | 5,003,558 | 4,385,486 | 4,184,150 | 4,339,910 | 4,201,737 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -17,797 | -6,829 | -382,948 | -469,206 | 837,273 | -57,946 | -333,363 | 378,647 | -215,945 | 252,542 | 14,013 | -5,452 | 26 | -22,326 | 29,804 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 18,560 | 101,974 | 40,496 | -659,026 | 1,084,558 | -152,302 | -27,213 | 123,506 | -216,941 | 255,989 | 10,723 | -1,226 | 2,113 | 303 | 5,048 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 15,564 | 11,304 | 8,010 | |||||||
| Change in Investments | 428,249 | -1,392,296 | 776,283 | 647,053 | 6,455,428 | -5,940,774 | 468,912 | 464,555 | -35,086 | 166,332 | 616,915 | 355,309 | -173,416 | 265,531 | 3,811,722 |
| cash flow from investments | -428,249 | 1,392,296 | -776,283 | -647,053 | -6,455,428 | -453,348 | -453,251 | 43,096 | |||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 147 | 357 | 230 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 1 | -1 | 0 | 645,397 | 0 | 492,860 | 484,709 | -19,149 | 197,453 | 636,170 | 376,064 | -164,419 | 270,573 | 4,269,018 | |
| cash and cash equivalents | |||||||||||||||
| cash | 2,323 | 239,825 | 465,638 | -259,771 | -88,561 | 299,849 | 142,681 | 119,527 | 14,599 | -9,907 | -2,133 | -149,747 | 19,743 | -104,729 | 365,259 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,323 | 239,825 | 465,638 | -259,771 | -88,561 | 299,849 | 142,681 | 119,527 | 14,599 | -9,907 | -2,133 | -149,747 | 19,743 | -104,729 | 365,259 |
friends trusts limited Credit Report and Business Information
Friends Trusts Limited Competitor Analysis
Perform a competitor analysis for friends trusts limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in NW1 area or any other competitors across 12 key performance metrics.
friends trusts limited Ownership
FRIENDS TRUSTS LIMITED group structure
Friends Trusts Limited has 1 subsidiary company.
Ultimate parent company
BRITIAN YEARLY MEETING RELIGIOUS FRIENDS
#0072158
1 parent
FRIENDS TRUSTS LIMITED
00188362
1 subsidiary
friends trusts limited directors
Friends Trusts Limited currently has 3 directors. The longest serving directors include Mr Paul Whitehouse (Apr 2013) and Mr David Harries (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Whitehouse | 80 years | Apr 2013 | - | Director | |
| Mr David Harries | 77 years | Jun 2019 | - | Director | |
| Mr Nicholas Perks | England | 51 years | Jun 2020 | - | Director |
P&L
December 2023turnover
165k
-36%
operating profit
472.9k
0%
gross margin
72%
+17.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.4m
+0.06%
total assets
8m
+0.05%
cash
1.1m
0%
net assets
Total assets minus all liabilities
Similar Companies
friends trusts limited company details
company number
00188362
Type
Private Ltd By Guarantee w/o Share Cap
industry
94910 - Activities of religious organisations
incorporation date
March 1923
age
101
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
friends trusts,limited (December 2015)
last accounts submitted
December 2023
address
friends house,, 173-177 euston road, london, NW1 2BJ
accountant
-
auditor
SAYER VINCENT LLP
friends trusts limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 26 charges/mortgages relating to friends trusts limited. Currently there are 4 open charges and 22 have been satisfied in the past.
friends trusts limited Companies House Filings - See Documents
| date | description | view/download |
|---|
