fitco industries (london) limited Company Information
Company Number
00906409
Next Accounts
Feb 2025
Shareholders
executors of estate of antoun nicola kronfli
mrs ibtihaj farah
Group Structure
View All
Industry
Wholesale of chemical products
Registered Address
fawley house 2 regatta place, marlow road, bourne end, bucks, SL8 5TD
Website
www.fitcoirrigation.comfitco industries (london) limited Estimated Valuation
Pomanda estimates the enterprise value of FITCO INDUSTRIES (LONDON) LIMITED at £1.1m based on a Turnover of £2.5m and 0.42x industry multiple (adjusted for size and gross margin).
fitco industries (london) limited Estimated Valuation
Pomanda estimates the enterprise value of FITCO INDUSTRIES (LONDON) LIMITED at £447.3k based on an EBITDA of £108.7k and a 4.11x industry multiple (adjusted for size and gross margin).
fitco industries (london) limited Estimated Valuation
Pomanda estimates the enterprise value of FITCO INDUSTRIES (LONDON) LIMITED at £0 based on Net Assets of £-459k and 2.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fitco Industries (london) Limited Overview
Fitco Industries (london) Limited is a dissolved company that was located in bourne end, SL8 5TD with a Companies House number of 00906409. It operated in the wholesale of chemical products sector, SIC Code 46750. Founded in May 1967, it's largest shareholder was executors of estate of antoun nicola kronfli with a 50% stake. The last turnover for Fitco Industries (london) Limited was estimated at £2.5m.
Upgrade for unlimited company reports & a free credit check
Fitco Industries (london) Limited Health Check
Pomanda's financial health check has awarded Fitco Industries (London) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£18.5m)
- Fitco Industries (london) Limited
£18.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.4%)
- Fitco Industries (london) Limited
2.4% - Industry AVG
Production
with a gross margin of 20.2%, this company has a comparable cost of product (20.2%)
- Fitco Industries (london) Limited
20.2% - Industry AVG
Profitability
an operating margin of 4.2% make it less profitable than the average company (6.7%)
- Fitco Industries (london) Limited
6.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (18)
5 - Fitco Industries (london) Limited
18 - Industry AVG
Pay Structure
on an average salary of £58.6k, the company has an equivalent pay structure (£58.6k)
- Fitco Industries (london) Limited
£58.6k - Industry AVG
Efficiency
resulting in sales per employee of £509.1k, this is less efficient (£796.5k)
- Fitco Industries (london) Limited
£796.5k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (58 days)
- Fitco Industries (london) Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (39 days)
- Fitco Industries (london) Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 194 days, this is more than average (58 days)
- Fitco Industries (london) Limited
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (11 weeks)
21 weeks - Fitco Industries (london) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.2%, this is a higher level of debt than the average (46.1%)
120.2% - Fitco Industries (london) Limited
46.1% - Industry AVG
FITCO INDUSTRIES (LONDON) LIMITED financials
Fitco Industries (London) Limited's latest turnover from January 2022 is estimated at £2.5 million and the company has net assets of -£459 thousand. According to their latest financial statements, Fitco Industries (London) Limited has 5 employees and maintains cash reserves of £679.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||
Other Income Or Grants | |||||||||||||
Cost Of Sales | |||||||||||||
Gross Profit | |||||||||||||
Admin Expenses | |||||||||||||
Operating Profit | |||||||||||||
Interest Payable | |||||||||||||
Interest Receivable | |||||||||||||
Pre-Tax Profit | |||||||||||||
Tax | |||||||||||||
Profit After Tax | |||||||||||||
Dividends Paid | |||||||||||||
Retained Profit | |||||||||||||
Employee Costs | |||||||||||||
Number Of Employees | 5 | 5 | 5 | 5 | 5 | 5 | 5 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 377 | 2,564 | 6,481 | 16,323 | 24,908 | 35,069 | 24,882 | 6,837 | 6,524 | 16,298 | 33,703 | 47,602 | 67,501 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 377 | 2,564 | 6,481 | 16,323 | 24,908 | 35,069 | 24,882 | 6,837 | 6,524 | 16,298 | 33,703 | 47,602 | 67,501 |
Stock & work in progress | 1,085,395 | 1,206,657 | 1,134,578 | 1,113,984 | 1,149,466 | 1,449,707 | 1,285,692 | 1,229,163 | 1,162,542 | 1,218,529 | 1,486,631 | 1,300,023 | 1,100,607 |
Trade Debtors | 179,950 | 71,792 | 68,815 | 52,580 | 72,995 | 148,762 | 121,324 | 262,090 | 242,930 | 222,472 | 314,148 | 171,938 | 231,947 |
Group Debtors | 62,878 | 60,568 | 57,522 | 56,051 | 48,418 | 50,020 | 36,026 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 269,482 | 386,357 | 216,740 | 176,393 | 248,269 | 229,064 | 237,019 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 679,681 | 597,115 | 774,740 | 956,340 | 689,954 | 748,756 | 722,158 | 664,950 | 657,724 | 794,611 | 738,506 | 708,387 | 805,917 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,277,386 | 2,322,489 | 2,252,395 | 2,355,348 | 2,209,102 | 2,626,309 | 2,402,219 | 2,156,203 | 2,063,196 | 2,235,612 | 2,539,285 | 2,180,348 | 2,138,471 |
total assets | 2,277,763 | 2,325,053 | 2,258,876 | 2,371,671 | 2,234,010 | 2,661,378 | 2,427,101 | 2,163,040 | 2,069,720 | 2,251,910 | 2,572,988 | 2,227,950 | 2,205,972 |
Bank overdraft | 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 |
Trade Creditors | 159,057 | 572,181 | 259,538 | 133,649 | 186,254 | 86,409 | 75,745 | 1,199,106 | 1,127,091 | 1,130,041 | 1,351,833 | 1,099,088 | 1,024,738 |
Group/Directors Accounts | 1,147,839 | 1,015,002 | 1,247,926 | 1,419,071 | 1,097,263 | 1,357,113 | 1,158,662 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 329,962 | 152,451 | 136,041 | 145,133 | 154,274 | 178,894 | 164,773 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,636,858 | 1,739,634 | 1,643,505 | 1,697,853 | 1,437,791 | 1,622,416 | 1,399,180 | 1,199,106 | 1,127,091 | 1,130,041 | 1,351,833 | 1,099,088 | 1,024,738 |
loans | 1,099,944 | 1,076,887 | 1,120,253 | 1,125,425 | 1,049,682 | 1,216,508 | 1,075,002 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 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 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,016,484 | 926,892 | 971,130 | 975,545 | 966,572 | 958,136 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 1,099,944 | 1,076,887 | 1,120,253 | 1,125,425 | 1,049,682 | 1,216,508 | 1,075,002 | 1,016,484 | 926,892 | 971,130 | 975,545 | 966,572 | 958,136 |
total liabilities | 2,736,802 | 2,816,521 | 2,763,758 | 2,823,278 | 2,487,473 | 2,838,924 | 2,474,182 | 2,215,590 | 2,053,983 | 2,101,171 | 2,327,378 | 2,065,660 | 1,982,874 |
net assets | -459,039 | -491,468 | -504,882 | -451,607 | -253,463 | -177,546 | -47,081 | -52,550 | 15,737 | 150,739 | 245,610 | 162,290 | 223,098 |
total shareholders funds | -459,039 | -491,468 | -504,882 | -451,607 | -253,463 | -177,546 | -47,081 | -52,550 | 15,737 | 150,739 | 245,610 | 162,290 | 223,098 |
Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 2,238 | 4,145 | 9,868 | 11,415 | 10,557 | 10,715 | 4,689 | 3,908 | 13,188 | 19,713 | 19,240 | 20,290 | 19,421 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||
Stock | -121,262 | 72,079 | 20,594 | -35,482 | -300,241 | 164,015 | 56,529 | 66,621 | -55,987 | -268,102 | 186,608 | 199,416 | 1,100,607 |
Debtors | -6,407 | 175,640 | 58,053 | -84,658 | -58,164 | 33,477 | 132,279 | 19,160 | 20,458 | -91,676 | 142,210 | -60,009 | 231,947 |
Creditors | -413,124 | 312,643 | 125,889 | -52,605 | 99,845 | 10,664 | -1,123,361 | 72,015 | -2,950 | -221,792 | 252,745 | 74,350 | 1,024,738 |
Accruals and Deferred Income | 177,511 | 16,410 | -9,092 | -9,141 | -24,620 | 14,121 | 164,773 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 132,837 | -232,924 | -171,145 | 321,808 | -259,850 | 198,451 | 1,158,662 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 23,057 | -43,366 | -5,172 | 75,743 | -166,826 | 141,506 | 1,075,002 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -1,016,484 | 89,592 | -44,238 | -4,415 | 8,973 | 8,436 | 958,136 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | 82,566 | -177,625 | -181,600 | 266,386 | -58,802 | 26,598 | 57,208 | 7,226 | -136,887 | 56,105 | 30,119 | -97,530 | 805,917 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 82,566 | -177,625 | -181,600 | 266,386 | -58,802 | 26,598 | 57,208 | 7,226 | -136,887 | 56,105 | 30,119 | -97,530 | 805,917 |
fitco industries (london) limited Credit Report and Business Information
Fitco Industries (london) Limited Competitor Analysis
Perform a competitor analysis for fitco industries (london) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in SL8 area or any other competitors across 12 key performance metrics.
fitco industries (london) limited Ownership
FITCO INDUSTRIES (LONDON) LIMITED group structure
Fitco Industries (London) Limited has no subsidiary companies.
Ultimate parent company
FITCO INDUSTRIES (LONDON) LIMITED
00906409
fitco industries (london) limited directors
Fitco Industries (London) Limited currently has 3 directors. The longest serving directors include Ibtihaj Farah (Jul 1991) and Mr Bassam Kronfli (Jul 1999).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ibtihaj Farah | United Kingdom | 80 years | Jul 1991 | - | Director |
Mr Bassam Kronfli | United Kingdom | 48 years | Jul 1999 | - | Director |
Ms Maha Kronfli | United Kingdom | 59 years | Jul 1999 | - | Director |
P&L
January 2022turnover
2.5m
-27%
operating profit
106.5k
0%
gross margin
20.2%
-0.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
-459k
-0.07%
total assets
2.3m
-0.02%
cash
679.7k
+0.14%
net assets
Total assets minus all liabilities
fitco industries (london) limited company details
company number
00906409
Type
Private limited with Share Capital
industry
46750 - Wholesale of chemical products
incorporation date
May 1967
age
58
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2022
previous names
N/A
accountant
STERLING GROVE ACCOUNTANTS LIMITED
auditor
-
address
fawley house 2 regatta place, marlow road, bourne end, bucks, SL8 5TD
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
fitco industries (london) 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 did not find charges/mortgages relating to fitco industries (london) limited.
fitco industries (london) 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 FITCO INDUSTRIES (LONDON) LIMITED. This can take several minutes, an email will notify you when this has completed.
fitco industries (london) limited Companies House Filings - See Documents
date | description | view/download |
---|