f.new (turf accountant) limited

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f.new (turf accountant) limited Company Information

Share F.NEW (TURF ACCOUNTANT) LIMITED

Company Number

00739605

Directors

David New

Shareholders

j.e. new

d.j. new

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Group Structure

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Industry

Gambling and betting activities

 

Registered Address

bracken lodge 63, portchester road, fareham, hampshire, PO16 8AL

Website

-

f.new (turf accountant) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of F.NEW (TURF ACCOUNTANT) LIMITED at £0 based on a Turnover of £0 and 1.06x industry multiple (adjusted for size and gross margin).

f.new (turf accountant) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of F.NEW (TURF ACCOUNTANT) LIMITED at £0 based on an EBITDA of £-6k and a 3.78x industry multiple (adjusted for size and gross margin).

f.new (turf accountant) limited Estimated Valuation

£126.1k

Pomanda estimates the enterprise value of F.NEW (TURF ACCOUNTANT) LIMITED at £126.1k based on Net Assets of £35.8k and 3.52x industry multiple (adjusted for liquidity).

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F.new (turf Accountant) Limited Overview

F.new (turf Accountant) Limited is a live company located in fareham, PO16 8AL with a Companies House number of 00739605. It operates in the gambling and betting activities sector, SIC Code 92000. Founded in November 1962, it's largest shareholder is j.e. new with a 25% stake. F.new (turf Accountant) Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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F.new (turf Accountant) Limited Health Check

Pomanda's financial health check has awarded F.New (Turf Accountant) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 0 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

0 Regular

positive_score

0 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

employees

Employees

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 173 weeks, this is more cash available to meet short term requirements (44 weeks)

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- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.1%, this is a lower level of debt than the average (59.4%)

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- - Industry AVG

F.NEW (TURF ACCOUNTANT) LIMITED financials

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F.New (Turf Accountant) Limited's latest turnover from March 2024 is estimated at 0 and the company has net assets of £35.8 thousand. According to their latest financial statements, we estimate that F.New (Turf Accountant) Limited has no employees and maintains cash reserves of £28.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover511531,04125,78339,16048,42040,89048,367
Other Income Or Grants
Cost Of Sales1329,7128,20213,86721,20418,47025,267
Gross Profit38421,32917,58225,29327,21622,41923,100
Admin Expenses7,1482,451-2,401-3,770-4,555-3,226945,735-1,22927,20858,14564,50468,68563,703-215,051
Operating Profit-7,148-2,4512,4013,7734,5553,234-90-5,7351,229-5,879-40,563-39,211-41,469-41,284238,151
Interest Payable
Interest Receivable1,6301,440241282314190457782191381573770434
Pre-Tax Profit-5,518-1,0112,6423,8014,5783,374-5,6901,306-5,797-40,372-38,830-40,896-40,515238,585
Tax-502-722-870-641-261-66,804
Profit After Tax-5,518-1,0112,1403,0793,7082,733-5,6901,045-5,797-40,372-38,830-40,896-40,515171,781
Dividends Paid
Retained Profit-5,518-1,0112,1403,0793,7082,733-5,6901,045-5,797-40,372-38,830-40,896-40,515171,781
Employee Costs23,08023,31822,43220,59120,76820,85118,88218,42818,227
Number Of Employees111111111
EBITDA*-5,955-1,2583,5944,9655,7484,4271,103-4,5432,422-4,686-39,370-38,019-40,276-40,091239,344

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets16,02917,22218,41519,60820,80021,99323,18624,37925,57126,76427,95729,15030,34231,53532,728
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets16,02917,22218,41519,60820,80021,99323,18624,37925,57126,76427,95729,15030,34231,53532,728
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash28,23233,87033,87930,49425,34020,58716,89718,96716,84714,03918,73257,72994,613134,401173,399
misc current assets
total current assets28,23233,87033,87930,49425,34020,58716,89718,96716,84714,03918,73257,72994,613134,401173,399
total assets44,26151,09252,29450,10246,14042,58040,08343,34642,41840,80346,68986,879124,955165,936206,127
Bank overdraft
Bank loan
Trade Creditors 1215,4685,5575,3754,6214,7064,382
Group/Directors Accounts3,8203,5043,3823,4053,3013,1963,1967,3001,276
other short term finances
hp & lease commitments
other current liabilities4,6206,2496,5626,4865,7085,9596,1965,3564,762
total current liabilities8,4409,7539,9449,8929,0099,1579,39312,6566,0385,4685,5575,3754,6214,7064,382
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities8,4409,7539,9449,8929,0099,1579,39312,6566,0385,4685,5575,3754,6214,7064,382
net assets35,82141,33942,35040,21037,13133,42330,69030,69036,38035,33541,13281,504120,334161,230201,745
total shareholders funds35,82141,33942,35040,21037,13133,42330,69030,69036,38035,33541,13281,504120,334161,230201,745
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-7,148-2,4512,4013,7734,5553,234-90-5,7351,229-5,879-40,563-39,211-41,469-41,284238,151
Depreciation1,1931,1931,1931,1921,1931,1931,1931,1921,1931,1931,1931,1921,1931,1931,193
Amortisation
Tax-502-722-870-641-261-66,804
Stock
Debtors
Creditors-11-211-5,468-89182754-853244,382
Accruals and Deferred Income-1,629-31376778-251-2378405944,762
Deferred Taxes & Provisions
Cash flow from operations-7,584-1,5713,1675,0224,6253,5501,944-3,9491,455-4,775-39,188-37,265-40,361-39,767176,922
Investing Activities
capital expenditure-33,921
Change in Investments
cash flow from investments-33,921
Financing Activities
Bank loans
Group/Directors Accounts316122-23104105-4,1046,0241,276
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue29,964
interest1,6301,440241282314190457782191381573770434
cash flow from financing1,9461,562218132128141-4,0146,0691,3538219138157377030,398
cash and cash equivalents
cash-5,638-93,3855,1544,7533,690-2,0702,1202,808-4,693-38,997-36,884-39,788-38,998173,399
overdraft
change in cash-5,638-93,3855,1544,7533,690-2,0702,1202,808-4,693-38,997-36,884-39,788-38,998173,399

f.new (turf accountant) 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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F.new (turf Accountant) Limited Competitor Analysis

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Perform a competitor analysis for f.new (turf accountant) limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mature companies, companies in PO16 area or any other competitors across 12 key performance metrics.

f.new (turf accountant) limited Ownership

F.NEW (TURF ACCOUNTANT) LIMITED group structure

F.New (Turf Accountant) Limited has no subsidiary companies.

Ultimate parent company

F.NEW (TURF ACCOUNTANT) LIMITED

00739605

F.NEW (TURF ACCOUNTANT) LIMITED Shareholders

j.e. new 25%
d.j. new 25%
john new 25%
karen parker 25%

f.new (turf accountant) limited directors

F.New (Turf Accountant) Limited currently has 1 director, Mr David New serving since Oct 1991.

officercountryagestartendrole
Mr David New78 years Oct 1991- Director

P&L

March 2024

turnover

0

0%

operating profit

-7.1k

0%

gross margin

0%

0%

turnover

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

Balance Sheet

March 2024

net assets

35.8k

-0.13%

total assets

44.3k

-0.13%

cash

28.2k

-0.17%

net assets

Total assets minus all liabilities

f.new (turf accountant) limited company details

company number

00739605

Type

Private limited with Share Capital

industry

92000 - Gambling and betting activities

incorporation date

November 1962

age

63

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

BARTER DURGAN

auditor

-

address

bracken lodge 63, portchester road, fareham, hampshire, PO16 8AL

Bank

-

Legal Advisor

-

f.new (turf accountant) 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 1 charges/mortgages relating to f.new (turf accountant) limited. Currently there are 0 open charges and 1 have been satisfied in the past.

f.new (turf accountant) 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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f.new (turf accountant) limited Companies House Filings - See Documents

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