the frobisher development company limited
the frobisher development company limited Company Information
Company Number
00551098
Next Accounts
Jun 2025
Shareholders
john douglas warner
nathaniel tod trotman
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
fourth floor park gate, 161-163 preston road, brighton, bn1 6af, BN1 6AU
Website
-the frobisher development company limited Estimated Valuation
Pomanda estimates the enterprise value of THE FROBISHER DEVELOPMENT COMPANY LIMITED at £264.8k based on a Turnover of £88.4k and 2.99x industry multiple (adjusted for size and gross margin).
the frobisher development company limited Estimated Valuation
Pomanda estimates the enterprise value of THE FROBISHER DEVELOPMENT COMPANY LIMITED at £167.9k based on an EBITDA of £26.2k and a 6.42x industry multiple (adjusted for size and gross margin).
the frobisher development company limited Estimated Valuation
Pomanda estimates the enterprise value of THE FROBISHER DEVELOPMENT COMPANY LIMITED at £583.3k based on Net Assets of £370.4k and 1.58x industry multiple (adjusted for liquidity).
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The Frobisher Development Company Limited Overview
The Frobisher Development Company Limited is a live company located in brighton, BN1 6AU with a Companies House number of 00551098. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 1955, it's largest shareholder is john douglas warner with a 50% stake. The Frobisher Development Company Limited is a mature, micro sized company, Pomanda has estimated its turnover at £88.4k with declining growth in recent years.
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The Frobisher Development Company Limited Health Check
Pomanda's financial health check has awarded The Frobisher Development Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £88.4k, make it smaller than the average company (£868.9k)
- The Frobisher Development Company Limited
£868.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (2.6%)
- The Frobisher Development Company Limited
2.6% - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
- The Frobisher Development Company Limited
68.9% - Industry AVG
Profitability
an operating margin of 29.6% make it as profitable than the average company (27.3%)
- The Frobisher Development Company Limited
27.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - The Frobisher Development Company Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- The Frobisher Development Company Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £88.4k, this is less efficient (£192.4k)
- The Frobisher Development Company Limited
£192.4k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (25 days)
- The Frobisher Development Company Limited
25 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- The Frobisher Development Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Frobisher Development Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)
2 weeks - The Frobisher Development Company Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.7%, this is a lower level of debt than the average (65%)
14.7% - The Frobisher Development Company Limited
65% - Industry AVG
THE FROBISHER DEVELOPMENT COMPANY LIMITED financials
The Frobisher Development Company Limited's latest turnover from September 2023 is estimated at £88.4 thousand and the company has net assets of £370.4 thousand. According to their latest financial statements, The Frobisher Development Company Limited has 1 employee and maintains cash reserves of £749 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 26,292 | 29,162 | 17,440 | 11,072 | 31,565 | 11,043 | 11,760 | 34,278 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 375 | 489 | 312 | 666 | 782 | 501 | 398 | 285 | |||||||
| Gross Profit | 25,917 | 28,673 | 17,128 | 10,406 | 30,783 | 10,542 | 11,362 | 33,993 | |||||||
| Admin Expenses | 13,446 | ||||||||||||||
| Operating Profit | 20,547 | ||||||||||||||
| Interest Payable | 45 | ||||||||||||||
| Interest Receivable | 7 | ||||||||||||||
| Pre-Tax Profit | 8,161 | 13,321 | -4,318 | -36 | 20,593 | 1,312 | -826 | 20,509 | |||||||
| Tax | -1,626 | -2,805 | -1,868 | -7 | -4,118 | -185 | -54 | -4,307 | |||||||
| Profit After Tax | 6,535 | 10,516 | -6,186 | -43 | 16,475 | 1,127 | -880 | 16,202 | |||||||
| Dividends Paid | 39,998 | ||||||||||||||
| Retained Profit | -33,463 | 10,516 | -6,186 | -43 | 16,475 | 1,127 | -880 | 16,202 | |||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||||
| EBITDA* | 20,547 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 103,839 | 103,870 | 82,525 | 290,000 | 263,000 | ||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 279,500 | 279,500 | 279,500 | 103,840 | 268,000 | 286,000 | 266,158 | 266,158 | 258,500 | 171,354 | |||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 279,500 | 279,500 | 279,500 | 103,840 | 103,839 | 103,870 | 82,525 | 290,000 | 263,000 | 268,000 | 286,000 | 266,158 | 266,158 | 258,500 | 171,354 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 2,440 | 3,308 | 2,116 | 2,454 | 4,299 | 14,471 | 49,131 | 992 | 1,034 | 572 | 1,189 | 857 | 814 | 948 | 466 |
| Group Debtors | 72,407 | 57,907 | 31,907 | 16,507 | 10,418 | ||||||||||
| Misc Debtors | 151,362 | 129,906 | 109,276 | 31,959 | 279 | ||||||||||
| Cash | 749 | 2,971 | 11,066 | 7,737 | 5,694 | 1,748 | 933 | 613 | 4,042 | 6,587 | 2,693 | 16,393 | |||
| misc current assets | |||||||||||||||
| total current assets | 154,551 | 136,185 | 122,458 | 42,150 | 4,299 | 14,471 | 49,131 | 79,093 | 60,689 | 33,412 | 18,309 | 15,317 | 7,401 | 3,641 | 17,138 |
| total assets | 434,051 | 415,685 | 401,958 | 145,990 | 108,138 | 118,341 | 131,656 | 369,093 | 323,689 | 301,412 | 304,309 | 281,475 | 273,559 | 262,141 | 188,492 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,440 | 2,598 | 3,950 | 12,536 | 2,267 | 2,663 | 1,151 | 1,912 | 1,342 | 1,169 | 2,436 | 3,113 | |||
| Group/Directors Accounts | 10,191 | 8,008 | 4,925 | 17,582 | 463 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 18,641 | 13,366 | 21,842 | 19,370 | 74,571 | 22,308 | 1,868 | 4,118 | 193 | 1,104 | 5,507 | ||||
| total current liabilities | 18,641 | 13,366 | 21,842 | 20,810 | 2,598 | 3,950 | 12,536 | 76,838 | 24,971 | 13,210 | 9,920 | 10,385 | 18,944 | 4,003 | 8,620 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 45,043 | 51,646 | 32,723 | ||||||||||||
| total long term liabilities | 45,043 | 51,646 | 32,723 | ||||||||||||
| total liabilities | 63,684 | 65,012 | 54,565 | 20,810 | 2,598 | 3,950 | 12,536 | 76,838 | 24,971 | 13,210 | 9,920 | 10,385 | 18,944 | 4,003 | 8,620 |
| net assets | 370,367 | 350,673 | 347,393 | 125,180 | 105,540 | 114,391 | 119,120 | 292,255 | 298,718 | 288,202 | 294,389 | 271,090 | 254,615 | 258,138 | 179,872 |
| total shareholders funds | 370,367 | 350,673 | 347,393 | 125,180 | 105,540 | 114,391 | 119,120 | 292,255 | 298,718 | 288,202 | 294,389 | 271,090 | 254,615 | 258,138 | 179,872 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 20,547 | ||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -1,626 | -2,805 | -1,868 | -7 | -4,118 | -185 | -54 | -4,307 | |||||||
| Stock | |||||||||||||||
| Debtors | 20,588 | 21,822 | 76,979 | 30,114 | -10,172 | -34,660 | -24,268 | 14,458 | 26,462 | 14,783 | 6,421 | 10,461 | -134 | 203 | 745 |
| Creditors | -1,440 | -1,158 | -1,352 | -8,586 | 10,269 | -396 | 1,512 | -761 | 570 | 173 | -1,267 | -677 | 3,113 | ||
| Accruals and Deferred Income | 5,275 | -8,476 | 2,472 | 19,370 | -74,571 | 52,263 | 20,440 | 1,868 | -4,118 | 3,925 | -911 | -4,403 | 5,507 | ||
| Deferred Taxes & Provisions | -6,603 | 18,923 | 32,723 | ||||||||||||
| Cash flow from operations | 24,115 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 175,660 | 103,840 | -268,000 | -18,000 | 19,842 | 7,658 | 87,146 | 171,354 | |||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -10,191 | 2,183 | 3,083 | -12,657 | 17,119 | 463 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -38 | ||||||||||||||
| cash flow from financing | 27,000 | -10,191 | 2,182 | 26,425 | -12,657 | 12,469 | 79,609 | 163,632 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | -2,222 | -8,095 | 3,329 | 7,737 | -5,694 | 3,946 | 815 | 320 | -3,429 | -2,545 | 3,894 | -13,700 | 16,393 | ||
| overdraft | |||||||||||||||
| change in cash | -2,222 | -8,095 | 3,329 | 7,737 | -5,694 | 3,946 | 815 | 320 | -3,429 | -2,545 | 3,894 | -13,700 | 16,393 |
the frobisher development company limited Credit Report and Business Information
The Frobisher Development Company Limited Competitor Analysis
Perform a competitor analysis for the frobisher development company limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.
the frobisher development company limited Ownership
THE FROBISHER DEVELOPMENT COMPANY LIMITED group structure
The Frobisher Development Company Limited has no subsidiary companies.
Ultimate parent company
THE FROBISHER DEVELOPMENT COMPANY LIMITED
00551098
the frobisher development company limited directors
The Frobisher Development Company Limited currently has 3 directors. The longest serving directors include Mr John Warner (May 1996) and Mrs Tracey Warner (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Warner | England | 73 years | May 1996 | - | Director |
| Mrs Tracey Warner | England | 57 years | Mar 2022 | - | Director |
| Mr Thomas Warner | England | 21 years | Sep 2022 | - | Director |
P&L
September 2023turnover
88.4k
-46%
operating profit
26.2k
0%
gross margin
69%
+3.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
370.4k
+0.06%
total assets
434.1k
+0.04%
cash
749
-0.75%
net assets
Total assets minus all liabilities
the frobisher development company limited company details
company number
00551098
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
June 1955
age
70
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
fourth floor park gate, 161-163 preston road, brighton, bn1 6af, BN1 6AU
Bank
-
Legal Advisor
-
the frobisher development company 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 10 charges/mortgages relating to the frobisher development company limited. Currently there are 5 open charges and 5 have been satisfied in the past.
the frobisher development company limited 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 THE FROBISHER DEVELOPMENT COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
the frobisher development company limited Companies House Filings - See Documents
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