frank crossley & son limited

frank crossley & son limited Company Information

Share FRANK CROSSLEY & SON LIMITED
Live 
MatureSmallDeclining

Company Number

00625597

Industry

Agents specialised in the sale of other particular products

 

Shareholders

frank crossley & son (holdings) limited

martin russell fagan

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Group Structure

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Contact

Registered Address

first floor ridgeland house, 15 carfax, horsham, west sussex, RH12 1DY

frank crossley & son limited Estimated Valuation

£481.8k

Pomanda estimates the enterprise value of FRANK CROSSLEY & SON LIMITED at £481.8k based on a Turnover of £1.4m and 0.34x industry multiple (adjusted for size and gross margin).

frank crossley & son limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FRANK CROSSLEY & SON LIMITED at £0 based on an EBITDA of £-14.6k and a 3.9x industry multiple (adjusted for size and gross margin).

frank crossley & son limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of FRANK CROSSLEY & SON LIMITED at £1.2m based on Net Assets of £952.7k and 1.3x industry multiple (adjusted for liquidity).

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Frank Crossley & Son Limited Overview

Frank Crossley & Son Limited is a live company located in horsham, RH12 1DY with a Companies House number of 00625597. It operates in the agents specialized in the sale of other particular products sector, SIC Code 46180. Founded in April 1959, it's largest shareholder is frank crossley & son (holdings) limited with a 99.6% stake. Frank Crossley & Son Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.

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Frank Crossley & Son Limited Health Check

Pomanda's financial health check has awarded Frank Crossley & Son Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £1.4m, make it smaller than the average company (£8m)

£1.4m - Frank Crossley & Son Limited

£8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (7.9%)

-5% - Frank Crossley & Son Limited

7.9% - Industry AVG

production

Production

with a gross margin of 29.4%, this company has a comparable cost of product (29.4%)

29.4% - Frank Crossley & Son Limited

29.4% - Industry AVG

profitability

Profitability

an operating margin of -3% make it less profitable than the average company (6.2%)

-3% - Frank Crossley & Son Limited

6.2% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (15)

8 - Frank Crossley & Son Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £61.3k, the company has an equivalent pay structure (£61.3k)

£61.3k - Frank Crossley & Son Limited

£61.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £178.7k, this is less efficient (£418.9k)

£178.7k - Frank Crossley & Son Limited

£418.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 34 days, this is earlier than average (50 days)

34 days - Frank Crossley & Son Limited

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (26 days)

18 days - Frank Crossley & Son Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Frank Crossley & Son Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (18 weeks)

12 weeks - Frank Crossley & Son Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.3%, this is a lower level of debt than the average (52.8%)

22.3% - Frank Crossley & Son Limited

52.8% - Industry AVG

FRANK CROSSLEY & SON LIMITED financials

EXPORTms excel logo

Frank Crossley & Son Limited's latest turnover from January 2024 is estimated at £1.4 million and the company has net assets of £952.7 thousand. According to their latest financial statements, Frank Crossley & Son Limited has 8 employees and maintains cash reserves of £62 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover1,429,9281,408,2302,041,8491,642,3911,601,3181,697,3471,681,4501,643,8061,595,7571,767,7922,268,3021,657,5571,622,5491,566,3751,567,481
Other Income Or Grants000000000000000
Cost Of Sales1,009,864999,0971,451,0861,173,5041,141,7391,205,0681,211,5321,198,930453,553578,486713,5171,252,8971,214,5801,171,4931,149,232
Gross Profit420,064409,133590,763468,887459,579492,279469,918444,8751,142,2041,189,3061,554,785404,660407,970394,882418,249
Admin Expenses463,022-219,211505,580405,672297,920426,607373,564496,881799,7941,165,9441,329,033463,345395,229369,480226,108
Operating Profit-42,958628,34485,18363,215161,65965,67296,354-52,006342,41023,362225,752-58,68512,74125,402192,141
Interest Payable00000004934,9202,6243,736003,4353,435
Interest Receivable3,4226,3024831261,2156489441029313332991125
Pre-Tax Profit-39,536634,64685,66563,341162,87466,32096,448-52,458337,49020,767222,047-58,35213,03922,079188,711
Tax0-120,583-16,276-12,035-30,946-12,601-18,3250-70,679-16,567-57,4080-3,390-6,182-52,839
Profit After Tax-39,536514,06369,38951,306131,92853,71978,123-52,458266,8114,200164,639-58,3529,64915,897135,872
Dividends Paid00000000185,80070,336143,4720000
Retained Profit-39,536514,06369,38951,306131,92853,71978,123-52,45881,011-66,13621,167-58,3529,64915,897135,872
Employee Costs490,000487,309537,912531,456648,264626,535605,295641,424731,902262,804289,790253,936208,554242,393300,973
Number Of Employees8910111313131416676568
EBITDA*-14,617650,410104,20494,992216,763120,479148,8542,519387,59856,316288,2199,81372,14785,375250,697

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets51,96986,85643,90857,42281,716122,898143,196127,783183,099141,184105,35289,93565,66882,801106,565
Intangible Assets0000000000024,05848,12972,20096,271
Investments & Other11111113881,241000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets51,97086,85743,90957,42381,717122,899143,197128,171184,340141,184105,352113,993113,797155,001202,836
Stock & work in progress0000004,5294,52921,05313,73427,14723,93525,3606,62735,283
Trade Debtors136,698137,002254,970185,433157,302177,166308,039211,515231,355215,885262,435291,972302,011316,377312,754
Group Debtors679,331734,5113,7261,30510,88949,476000000000
Misc Debtors295,853299,672298,434298,295229,83716,04712,71422,53518,38038,31839,3980000
Cash62,00868,352291,73494,308158,098165,8306,95430,7362,1532,5189,47056,51576,64342,8081,898
misc current assets000000000000000
total current assets1,173,8901,239,537848,864579,341556,126408,519332,236269,315272,941270,455338,450372,422404,014365,812349,935
total assets1,225,8601,326,394892,773636,764637,843531,418475,433397,486457,281411,639443,802486,415517,811520,813552,771
Bank overdraft0000000015,76713,9820000105,683
Bank loan000000000000000
Trade Creditors 51,80256,286115,90898,77860,324107,571104,299144,04992,532151,733168,067344,023349,393348,603262,412
Group/Directors Accounts111111110000000
other short term finances000000000000000
hp & lease commitments45,1393,67504,44715,94228,62733,02529,95041,23637,09620,3070000
other current liabilities163,263215,197294,357120,420185,784141,089102,733100,058102,846110,39599,1950000
total current liabilities260,205275,159410,266223,646262,051277,288240,058274,058252,381313,206287,569344,023349,393348,603368,095
loans000000000000000
hp & lease commitments043,195005,62221,56250,19129,76758,78133,33524,9990000
Accruals and Deferred Income000000000000000
other liabilities0000000000032,326013,44141,804
provisions12,99215,8414,3714,37112,7297,05513,39000000000
total long term liabilities12,99259,0364,3714,37118,35128,61763,58129,76758,78133,33524,99932,326013,44141,804
total liabilities273,197334,195414,637228,017280,402305,905303,639303,825311,162346,541312,568376,349349,393362,044409,899
net assets952,663992,199478,136408,747357,441225,513171,79493,661146,11965,098131,234110,066168,418158,769142,872
total shareholders funds952,663992,199478,136408,747357,441225,513171,79493,661146,11965,098131,234110,066168,418158,769142,872
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-42,958628,34485,18363,215161,65965,67296,354-52,006342,41023,362225,752-58,68512,74125,402192,141
Depreciation28,34122,06619,02131,77755,10454,80752,50054,52545,18832,95438,40944,42735,33535,90234,485
Amortisation000000000024,05824,07124,07124,07124,071
Tax0-120,583-16,276-12,035-30,946-12,601-18,3250-70,679-16,567-57,4080-3,390-6,182-52,839
Stock00000-4,5290-16,5247,319-13,4133,212-1,42518,733-28,65635,283
Debtors-59,303614,05572,09787,005155,339-78,06486,703-15,685-4,468-47,6309,861-10,039-14,3663,623312,754
Creditors-4,484-59,62217,13038,454-47,2473,272-39,75051,517-59,201-16,334-175,956-5,37079086,191262,412
Accruals and Deferred Income-51,934-79,160173,937-65,36444,69538,3562,675-2,788-7,54911,20099,1950000
Deferred Taxes & Provisions-2,84911,4700-8,3585,674-6,33513,39000000000
Cash flow from operations-14,581-211,540206,898-39,31633,600225,76420,14183,457247,31895,658140,97715,90765,180190,417112,233
Investing Activities
capital expenditure6,546-65,014-5,507-7,483-13,922-34,509-67,913791-87,103-68,786-53,826-68,694-18,202-12,138-261,392
Change in Investments000000-387-8531,241000000
cash flow from investments6,546-65,014-5,507-7,483-13,922-34,509-67,5261,644-88,344-68,786-53,826-68,694-18,202-12,138-261,392
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000010000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments-1,73146,870-4,447-17,117-28,625-33,02723,499-40,30029,58625,12545,3060000
other long term liabilities0000000000-32,32632,326-13,441-28,36341,804
share issue00000010010010007,000
interest3,4226,3024831261,21564894-452-4,920-2,595-3,705333299-3,323-3,430
cash flow from financing1,69153,172-3,964-16,991-27,410-32,37923,603-40,75124,67622,5309,27632,659-13,142-31,68645,374
cash and cash equivalents
cash-6,344-223,382197,426-63,790-7,732158,876-23,78228,583-365-6,952-47,045-20,12833,83540,9101,898
overdraft0000000-15,7671,78513,982000-105,683105,683
change in cash-6,344-223,382197,426-63,790-7,732158,876-23,78244,350-2,150-20,934-47,045-20,12833,835146,593-103,785

frank crossley & son limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Frank Crossley & Son Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for frank crossley & son limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in RH12 area or any other competitors across 12 key performance metrics.

frank crossley & son limited Ownership

FRANK CROSSLEY & SON LIMITED group structure

Frank Crossley & Son Limited has no subsidiary companies.

Ultimate parent company

1 parent

FRANK CROSSLEY & SON LIMITED

00625597

FRANK CROSSLEY & SON LIMITED Shareholders

frank crossley & son (holdings) limited 99.59%
martin russell fagan 0.3%
muriel greta fagan 0.1%

frank crossley & son limited directors

Frank Crossley & Son Limited currently has 3 directors. The longest serving directors include Mr Martin Fagan (Aug 1991) and Jonathan Blundell (Jan 2020).

officercountryagestartendrole
Mr Martin Fagan69 years Aug 1991- Director
Jonathan BlundellUnited Kingdom49 years Jan 2020- Director
Jonathan BlundellUnited Kingdom49 years Jan 2020- Director

P&L

January 2024

turnover

1.4m

+2%

operating profit

-43k

0%

gross margin

29.4%

+1.11%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

952.7k

-0.04%

total assets

1.2m

-0.08%

cash

62k

-0.09%

net assets

Total assets minus all liabilities

frank crossley & son limited company details

company number

00625597

Type

Private limited with Share Capital

industry

46180 - Agents specialised in the sale of other particular products

incorporation date

April 1959

age

66

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

GALLOWAYS ACCOUNTING

auditor

-

address

first floor ridgeland house, 15 carfax, horsham, west sussex, RH12 1DY

Bank

HSBC BANK PLC

Legal Advisor

-

frank crossley & son 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 4 charges/mortgages relating to frank crossley & son limited. Currently there are 1 open charges and 3 have been satisfied in the past.

frank crossley & son 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.

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frank crossley & son limited Companies House Filings - See Documents

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