british furniture association ltd
british furniture association ltd Company Information
Company Number
00464817
Next Accounts
Sep 2025
Shareholders
-
Group Structure
View All
Industry
Activities of business and employers membership organisations
Registered Address
bloxham mill business centre, barford road, banbury, oxfordshire, OX15 4FF
Website
http://bfm.org.ukbritish furniture association ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITISH FURNITURE ASSOCIATION LTD at £721.5k based on a Turnover of £1m and 0.71x industry multiple (adjusted for size and gross margin).
british furniture association ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITISH FURNITURE ASSOCIATION LTD at £374.3k based on an EBITDA of £107.4k and a 3.48x industry multiple (adjusted for size and gross margin).
british furniture association ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITISH FURNITURE ASSOCIATION LTD at £9.1m based on Net Assets of £3.7m and 2.45x industry multiple (adjusted for liquidity).
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British Furniture Association Ltd Overview
British Furniture Association Ltd is a live company located in banbury, OX15 4FF with a Companies House number of 00464817. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in February 1949, it's largest shareholder is unknown. British Furniture Association Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1m with rapid growth in recent years.
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British Furniture Association Ltd Health Check
Pomanda's financial health check has awarded British Furniture Association Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £1m, make it in line with the average company (£1.2m)
- British Furniture Association Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (4%)
- British Furniture Association Ltd
4% - Industry AVG
Production
with a gross margin of 76.3%, this company has a comparable cost of product (76.3%)
- British Furniture Association Ltd
76.3% - Industry AVG
Profitability
an operating margin of 9.8% make it more profitable than the average company (1.3%)
- British Furniture Association Ltd
1.3% - Industry AVG
Employees
with 4 employees, this is below the industry average (15)
4 - British Furniture Association Ltd
15 - Industry AVG
Pay Structure
on an average salary of £51.1k, the company has an equivalent pay structure (£51.1k)
- British Furniture Association Ltd
£51.1k - Industry AVG
Efficiency
resulting in sales per employee of £255.7k, this is more efficient (£114.9k)
- British Furniture Association Ltd
£114.9k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (37 days)
- British Furniture Association Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is quicker than average (46 days)
- British Furniture Association Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- British Furniture Association Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is less cash available to meet short term requirements (66 weeks)
25 weeks - British Furniture Association Ltd
66 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.2%, this is a lower level of debt than the average (42.9%)
11.2% - British Furniture Association Ltd
42.9% - Industry AVG
BRITISH FURNITURE ASSOCIATION LTD financials
British Furniture Association Ltd's latest turnover from December 2023 is estimated at £1 million and the company has net assets of £3.7 million. According to their latest financial statements, British Furniture Association Ltd has 4 employees and maintains cash reserves of £174.1 thousand 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 | 309,722 | 364,038 | 399,086 | 293,669 | 307,461 | 357,574 | 423,545 | 481,755 | 347,662 | 413,617 | 495,700 | ||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 88,253 | 186,782 | 229,196 | 150,791 | 151,359 | 220,020 | 243,578 | 262,517 | 164,092 | 178,961 | 195,383 | ||||
| Gross Profit | 221,469 | 177,256 | 169,890 | 142,878 | 156,102 | 137,554 | 179,967 | 219,238 | 183,570 | 234,656 | 300,317 | ||||
| Admin Expenses | 261,718 | 324,413 | 333,699 | 356,184 | 268,934 | -3,593,094 | 271,736 | 221,085 | 267,914 | 245,039 | 304,762 | ||||
| Operating Profit | -40,249 | -147,157 | -163,809 | -213,306 | -112,832 | 3,730,648 | -91,769 | -1,847 | -84,344 | -10,383 | -4,445 | ||||
| Interest Payable | 2 | 4,497 | 1,133 | 813 | 469 | 369 | 59 | 233 | |||||||
| Interest Receivable | 55,255 | 85,070 | 69,518 | 63,327 | 41,875 | 6,265 | 598 | 19 | 553 | 384 | 1,287 | ||||
| Pre-Tax Profit | 171,630 | 241,707 | -261,623 | -52,147 | -18,775 | 3,697,842 | 360,818 | -1,104 | -82,149 | 656 | 923 | ||||
| Tax | -29,759 | -51,882 | 26,291 | -23,443 | -2,849 | -443,465 | -2,231 | -51 | |||||||
| Profit After Tax | 141,871 | 189,825 | -235,332 | -75,590 | -21,624 | 3,254,377 | 360,818 | -3,335 | -82,149 | 605 | 923 | ||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 141,871 | 189,825 | -235,332 | -75,590 | -21,624 | 3,254,377 | 360,818 | -3,335 | -82,149 | 605 | 923 | ||||
| Employee Costs | 226,597 | 172,301 | 149,485 | ||||||||||||
| Number Of Employees | 4 | 4 | 2 | 2 | 3 | ||||||||||
| EBITDA* | -39,496 | -147,157 | -163,809 | -213,306 | -112,832 | 3,730,648 | -91,769 | 15,371 | -67,463 | 7,638 | 13,828 |
* 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 | 2,200 | 2,183 | 7,268 | 887 | 1,640 | 1,861 | 1,070,113 | 1,212,144 | 1,216,434 | 1,233,652 | 1,249,011 | 1,265,873 | |||
| Intangible Assets | 15,197 | 21,305 | 27,485 | 15,300 | |||||||||||
| Investments & Other | 7 | 7 | 7 | ||||||||||||
| Debtors (Due After 1 year) | 17,146 | 19,396 | 19,396 | ||||||||||||
| Total Fixed Assets | 17,397 | 23,488 | 34,753 | 16,187 | 1,640 | 1,861 | 1,087,259 | 1,231,540 | 1,235,830 | 1,233,659 | 1,249,018 | 1,265,880 | |||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 194,907 | 154,202 | 137,427 | 113,335 | 121,357 | 53,804 | 60,580 | 52,090 | 51,484 | 64,292 | 99,818 | 120,840 | 65,373 | 79,373 | 52,695 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 94,428 | 46,351 | 15,743 | 5,579 | 46,627 | 15,329 | 22,455 | 38,806 | 40,884 | 62,522 | 62,598 | 74,292 | |||
| Cash | 174,077 | 123,682 | 149,439 | 113,047 | 408,768 | 506,407 | 602,756 | 756,271 | 1,303,680 | 612,603 | 716 | 21,807 | 99,069 | 67,986 | |
| misc current assets | 3,703,305 | 3,586,874 | 4,199,866 | 3,925,334 | 3,523,064 | 3,219,270 | 3,386,604 | 3,264,244 | 3,210,929 | 83,182 | 133,248 | 133,874 | 122,362 | ||
| total current assets | 4,166,717 | 3,911,109 | 4,502,475 | 4,157,295 | 4,099,816 | 3,794,810 | 4,072,395 | 4,111,411 | 4,606,977 | 676,895 | 100,534 | 225,829 | 261,143 | 374,914 | 317,335 |
| total assets | 4,184,114 | 3,934,597 | 4,537,228 | 4,173,482 | 4,101,456 | 3,796,671 | 4,072,395 | 4,111,411 | 4,606,977 | 1,764,154 | 1,332,074 | 1,461,659 | 1,494,802 | 1,623,932 | 1,583,215 |
| Bank overdraft | 4,090 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 27,428 | 40,186 | 3,839 | 21,054 | 44,916 | 8,918 | 13,106 | 10,666 | 15,393 | 46,806 | 186,433 | 34,049 | 29,912 | 16,537 | 22,408 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 323,588 | 199,733 | 298,783 | 158,719 | 234,461 | 207,381 | 217,293 | 206,602 | 678,666 | 210,889 | 171,650 | 201,505 | 265,951 | 219,968 | |
| total current liabilities | 351,016 | 239,919 | 302,622 | 179,773 | 279,377 | 216,299 | 230,399 | 217,268 | 694,059 | 257,695 | 186,433 | 205,699 | 235,507 | 282,488 | 242,376 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 118,157 | 60,980 | 146,027 | 81,641 | 51,882 | 26,292 | 2,849 | ||||||||
| total long term liabilities | 118,157 | 60,980 | 146,027 | 81,641 | 51,882 | 26,292 | 2,849 | ||||||||
| total liabilities | 469,173 | 300,899 | 448,649 | 261,414 | 331,259 | 216,299 | 256,691 | 220,117 | 694,059 | 257,695 | 186,433 | 205,699 | 235,507 | 282,488 | 242,376 |
| net assets | 3,714,941 | 3,633,698 | 4,088,579 | 3,912,068 | 3,770,197 | 3,580,372 | 3,815,704 | 3,891,294 | 3,912,918 | 1,506,459 | 1,145,641 | 1,255,960 | 1,259,295 | 1,341,444 | 1,340,839 |
| total shareholders funds | 3,714,941 | 3,633,698 | 4,088,579 | 3,912,068 | 3,770,197 | 3,580,372 | 3,815,704 | 3,891,294 | 3,912,918 | 1,506,459 | 1,145,641 | 1,255,960 | 1,259,295 | 1,341,444 | 1,340,839 |
| 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 | -40,249 | -147,157 | -163,809 | -213,306 | -112,832 | 3,730,648 | -91,769 | -1,847 | -84,344 | -10,383 | -4,445 | ||||
| Depreciation | 818 | 802 | 2,375 | 753 | 4,290 | 17,218 | 16,881 | 18,021 | 18,273 | ||||||
| Amortisation | 6,108 | 3,054 | 3,054 | ||||||||||||
| Tax | -29,759 | -51,882 | 26,291 | -23,443 | -2,849 | -443,465 | -2,231 | -51 | |||||||
| Stock | |||||||||||||||
| Debtors | 88,782 | 47,383 | 34,256 | -49,070 | 98,851 | -13,902 | -7,861 | -1,472 | 10,930 | -37,776 | -21,022 | 12,341 | -14,076 | 14,984 | 126,987 |
| Creditors | -12,758 | 36,347 | -17,215 | -23,862 | 35,998 | -4,188 | 2,440 | -4,727 | -31,413 | -139,627 | 152,384 | 4,137 | 13,375 | -5,871 | 22,408 |
| Accruals and Deferred Income | 123,855 | -99,050 | 140,064 | -75,742 | 27,080 | -9,912 | 10,691 | -472,064 | 467,777 | 210,889 | -171,650 | -29,855 | -64,446 | 45,983 | 219,968 |
| Deferred Taxes & Provisions | 57,177 | -85,047 | 64,386 | 29,759 | 51,882 | -26,292 | 23,443 | 2,849 | |||||||
| Cash flow from operations | -90,030 | -182,930 | -164,008 | -192,314 | -588,151 | 17,269 | -24,919 | -104,458 | 32,715 | 129,217 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -7 | 7 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 55,255 | 85,070 | 69,516 | 58,830 | 40,742 | 6,265 | -215 | -450 | 184 | 325 | 1,054 | ||||
| cash flow from financing | 55,255 | 85,070 | 69,516 | 58,830 | 40,742 | -841,653 | -215 | -450 | 184 | 325 | 1,340,970 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | 50,395 | -25,757 | 36,392 | -295,721 | -97,639 | -96,349 | -153,515 | -547,409 | 691,077 | 611,887 | -21,091 | 21,807 | -99,069 | 31,083 | 67,986 |
| overdraft | -4,090 | 4,090 | |||||||||||||
| change in cash | 50,395 | -25,757 | 36,392 | -295,721 | -97,639 | -96,349 | -153,515 | -547,409 | 691,077 | 611,887 | -21,091 | 25,897 | -103,159 | 31,083 | 67,986 |
british furniture association ltd Credit Report and Business Information
British Furniture Association Ltd Competitor Analysis
Perform a competitor analysis for british furniture association ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in OX15 area or any other competitors across 12 key performance metrics.
british furniture association ltd Ownership
BRITISH FURNITURE ASSOCIATION LTD group structure
British Furniture Association Ltd has no subsidiary companies.
Ultimate parent company
BRITISH FURNITURE ASSOCIATION LTD
00464817
british furniture association ltd directors
British Furniture Association Ltd currently has 12 directors. The longest serving directors include Mr Christopher Fort (Mar 2002) and Mr Brian Ahern (Sep 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Fort | England | 71 years | Mar 2002 | - | Director |
| Mr Brian Ahern | 66 years | Sep 2004 | - | Director | |
| Mr Michael Aramayo | 59 years | Dec 2010 | - | Director | |
| Mr Nicholas Garratt | England | 65 years | Mar 2012 | - | Director |
| Mr Ian Oscroft | England | 65 years | Dec 2012 | - | Director |
| Mrs Nichola Bell | England | 51 years | Dec 2018 | - | Director |
| Mr Paul James | England | 55 years | Sep 2019 | - | Director |
| Mr James Keen | England | 49 years | Jan 2023 | - | Director |
| Mr Philip Spademan | England | 56 years | Jun 2023 | - | Director |
| Mr David Finch | England | 42 years | Oct 2024 | - | Director |
P&L
December 2023turnover
1m
+15%
operating profit
100.5k
0%
gross margin
76.3%
-2.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.7m
+0.02%
total assets
4.2m
+0.06%
cash
174.1k
+0.41%
net assets
Total assets minus all liabilities
british furniture association ltd company details
company number
00464817
Type
Private Ltd By Guarantee w/o Share Cap
industry
94110 - Activities of business and employers membership organisations
incorporation date
February 1949
age
76
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
bfm limited (December 2024)
b.f.m. exhibitions limited (December 1992)
accountant
PHIPPS HENSON MCALLISTER
auditor
-
address
bloxham mill business centre, barford road, banbury, oxfordshire, OX15 4FF
Bank
HSBC BANK PLC
Legal Advisor
-
british furniture association ltd 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 3 charges/mortgages relating to british furniture association ltd. Currently there are 0 open charges and 3 have been satisfied in the past.
british furniture association ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for BRITISH FURNITURE ASSOCIATION LTD. This can take several minutes, an email will notify you when this has completed.
british furniture association ltd Companies House Filings - See Documents
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