folkes holdings limited
folkes holdings limited Company Information
Company Number
00950164
Website
www.folkesholdings.comRegistered Address
forge house, dudley road, lye, west milands, DY9 8EL
Industry
Activities of construction holding companies
Telephone
01384424242
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
folkes holdings (u.k.) ltd 100%
folkes holdings limited Estimated Valuation
Pomanda estimates the enterprise value of FOLKES HOLDINGS LIMITED at £5.8m based on a Turnover of £1.5m and 3.84x industry multiple (adjusted for size and gross margin).
folkes holdings limited Estimated Valuation
Pomanda estimates the enterprise value of FOLKES HOLDINGS LIMITED at £0 based on an EBITDA of £-891.9k and a 15.69x industry multiple (adjusted for size and gross margin).
folkes holdings limited Estimated Valuation
Pomanda estimates the enterprise value of FOLKES HOLDINGS LIMITED at £15.2m based on Net Assets of £7.5m and 2.03x industry multiple (adjusted for liquidity).
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Folkes Holdings Limited Overview
Folkes Holdings Limited is a live company located in lye, DY9 8EL with a Companies House number of 00950164. It operates in the activities of construction holding companies sector, SIC Code 64203. Founded in March 1969, it's largest shareholder is folkes holdings (u.k.) ltd with a 100% stake. Folkes Holdings Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.
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Folkes Holdings Limited Health Check
Pomanda's financial health check has awarded Folkes Holdings Limited a 1.5 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£24.4m)
£1.5m - Folkes Holdings Limited
£24.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5.2%)
-5% - Folkes Holdings Limited
5.2% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (18%)
100% - Folkes Holdings Limited
18% - Industry AVG
Profitability
an operating margin of -61.7% make it less profitable than the average company (5.1%)
-61.7% - Folkes Holdings Limited
5.1% - Industry AVG
Employees
with 31 employees, this is below the industry average (82)
31 - Folkes Holdings Limited
82 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
- Folkes Holdings Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £48.7k, this is less efficient (£327.4k)
£48.7k - Folkes Holdings Limited
£327.4k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (52 days)
1 days - Folkes Holdings Limited
52 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Folkes Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Folkes Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (21 weeks)
2 weeks - Folkes Holdings Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.4%, this is a higher level of debt than the average (62.1%)
76.4% - Folkes Holdings Limited
62.1% - Industry AVG
folkes holdings limited Credit Report and Business Information
Folkes Holdings Limited Competitor Analysis
Perform a competitor analysis for folkes holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
folkes holdings limited Ownership
FOLKES HOLDINGS LIMITED group structure
Folkes Holdings Limited has 4 subsidiary companies.
Ultimate parent company
FOLKES CHANNEL ISLANDS LTD
#0126947
2 parents
FOLKES HOLDINGS LIMITED
00950164
4 subsidiaries
folkes holdings limited directors
Folkes Holdings Limited currently has 8 directors. The longest serving directors include Mr Constantine Folkes (Sep 1991) and Mr Paul Turner (Mar 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Constantine Folkes | 71 years | Sep 1991 | - | Director | |
| Mr Paul Turner | 63 years | Mar 2002 | - | Director | |
| Miss Cleopatra Folkes | England | 42 years | Apr 2009 | - | Director |
| Ms Amy Folkes | 43 years | Jul 2010 | - | Director | |
| Mr Samson Folkes | England | 32 years | Dec 2013 | - | Director |
| Mrs Tammy Inglis | 50 years | Mar 2021 | - | Director | |
| Mrs Tammy Inglis | 50 years | Mar 2021 | - | Director | |
| Mr Paul Tomlinson | England | 48 years | Mar 2021 | - | Director |
FOLKES HOLDINGS LIMITED financials
Folkes Holdings Limited's latest turnover from December 2022 is £1.5 million and the company has net assets of £7.5 million. According to their latest financial statements, Folkes Holdings Limited has 31 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 1,508,732 | 1,125,231 | 1,755,289 | 1,345,730 | 974,467 | 886,880 | 1,498,696 | 4,897,896 | 4,812,647 | 4,656,400 | 29,975,000 | 27,364,000 | 28,026,000 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,890,000 | 14,865,000 | 15,371,000 | ||
| Gross Profit | 1,508,732 | 1,125,231 | 1,755,289 | 1,345,730 | 974,467 | 886,880 | 1,498,696 | 4,897,896 | 4,656,400 | 13,085,000 | 12,499,000 | 12,655,000 | ||
| Admin Expenses | 2,439,102 | 2,122,909 | 2,168,409 | 2,569,339 | 2,058,865 | 2,120,251 | 1,871,252 | 1,769,391 | 3,159,399 | 8,774,000 | 2,852,000 | 7,606,000 | ||
| Operating Profit | -930,370 | -997,678 | -413,120 | -1,223,609 | -1,084,398 | -1,233,371 | -372,556 | 3,128,505 | 1,897,173 | 1,497,001 | 4,311,000 | 9,647,000 | 5,049,000 | |
| Interest Payable | 39,440 | 71,486 | 102,308 | 96,356 | 109,048 | 117,956 | 122,881 | 1,137,955 | 1,426,977 | 2,065,674 | 1,946,000 | 1,610,000 | 1,425,000 | |
| Interest Receivable | 215,852 | 325,313 | 301,140 | 301,540 | 294,980 | 309,369 | 347,741 | 411,863 | 646,501 | 232,673 | 535,000 | 410,000 | 249,000 | |
| Pre-Tax Profit | -716,476 | -715,534 | -16,062 | -983,110 | -838,637 | -837,943 | -1,354,906 | 17,569,779 | -1,663,128 | 21,270,835 | 2,844,000 | 8,329,000 | 3,704,000 | |
| Tax | 305,976 | 196,332 | 36,390 | 142,495 | 215,594 | 300,229 | 148,352 | 707,594 | -280,813 | -96,493 | -56,000 | -1,752,000 | -1,160,000 | |
| Profit After Tax | -410,500 | -519,202 | 20,328 | -840,615 | -623,043 | -537,714 | -1,206,554 | 18,277,373 | -1,943,941 | 21,174,342 | 2,788,000 | 6,577,000 | 2,544,000 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 9,000,000 | 27,956,000 | 0 | 5,688,189 | 266,000 | 1,901,000 | 1,385,000 | |
| Retained Profit | -410,500 | -519,202 | 20,328 | -840,615 | -623,043 | -537,714 | -10,206,554 | -9,678,627 | -1,943,941 | 15,486,153 | 2,498,000 | 4,676,000 | 1,159,000 | |
| Employee Costs | 1,366,611 | 1,312,749 | 1,268,619 | 1,591,819 | 1,598,629 | 6,902,000 | 6,123,000 | 7,008,000 | ||||||
| Number Of Employees | 31 | 28 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 27 | 194 | 190 | 202 |
| EBITDA* | -891,872 | -908,625 | -328,309 | -1,148,641 | -1,029,282 | -1,173,733 | -298,057 | 3,218,334 | 2,004,980 | 1,577,526 | 5,344,000 | 10,684,000 | 6,049,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 133,315 | 116,765 | 170,398 | 269,119 | 257,151 | 210,322 | 100,079 | 144,818 | 209,805 | 5,854,325 | 5,805,711 | 97,090,000 | 100,658,000 | 92,643,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 173,000 | 174,000 | 169,000 |
| Investments & Other | 18,366,443 | 17,662,232 | 17,388,217 | 17,471,447 | 17,042,840 | 17,421,855 | 17,246,853 | 17,588,115 | 20,638,908 | 87,405,235 | 91,747,533 | 83,877,000 | 87,534,000 | 78,817,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,846,517 | 17,417,165 | 0 | 0 | 0 |
| Total Fixed Assets | 18,499,758 | 17,778,997 | 17,558,615 | 17,740,566 | 17,299,991 | 17,632,177 | 17,346,932 | 17,732,933 | 20,848,713 | 112,106,077 | 114,970,409 | 97,263,000 | 100,832,000 | 92,812,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500 | 500 | 500 | 500 | 7,890,000 | 6,118,000 | 6,862,000 |
| Trade Debtors | 4,864 | 0 | 0 | 5,700 | 5,250 | 4,392 | 2,228 | 50,468 | 58,322 | 456,504 | 551,084 | 5,705,000 | 3,998,000 | 4,077,000 |
| Group Debtors | 11,456,199 | 14,122,553 | 15,290,724 | 15,532,610 | 14,738,716 | 15,010,211 | 14,386,806 | 14,437,885 | 20,790,632 | 4,911,779 | 1,798,778 | 474,000 | 0 | 0 |
| Misc Debtors | 516,030 | 296,962 | 657,434 | 439,278 | 661,315 | 677,687 | 710,379 | 400,541 | 489,235 | 562,697 | 752,723 | 2,316,000 | 2,188,000 | 1,339,000 |
| Cash | 1,204,819 | 235,038 | 762,294 | 1,124,141 | 848,184 | 878,392 | 1,642,682 | 3,316,798 | 3,190,817 | 2,058,934 | 3,169,424 | 14,017,000 | 11,948,000 | 11,101,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,426,000 | 1,367,000 | 859,000 |
| total current assets | 13,181,912 | 14,654,553 | 16,710,452 | 17,101,729 | 16,253,465 | 16,570,682 | 16,742,095 | 18,206,192 | 24,529,506 | 7,990,414 | 6,272,509 | 31,828,000 | 25,619,000 | 24,238,000 |
| total assets | 31,681,670 | 32,433,550 | 34,269,067 | 34,842,295 | 33,553,456 | 34,202,859 | 34,089,027 | 35,939,125 | 45,378,219 | 120,096,491 | 121,242,918 | 129,091,000 | 126,451,000 | 117,050,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 900,000 | 900,000 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,782 | 5,600 | 29,765 | 3,395 | 20,399 | 16,377 | 9,971 | 123,239 | 112,388 | 362,451 | 158,183 | 5,338,000 | 4,277,000 | 3,062,000 |
| Group/Directors Accounts | 22,026,301 | 22,723,983 | 23,725,040 | 23,456,327 | 22,166,028 | 19,948,152 | 19,097,713 | 18,414,142 | 20,846,199 | 5,086,724 | 4,458,313 | 0 | 0 | 0 |
| other short term finances | 1,963,044 | 2,546,477 | 0 | 0 | 1,746,250 | 2,004,868 | 1,954,146 | 3,985,726 | 0 | 7,916,976 | 7,588,403 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 205,095 | 217,415 | 519,066 | 737,943 | 691,335 | 648,172 | 669,353 | 466,218 | 687,177 | 2,263,234 | 3,207,625 | 31,215,000 | 16,169,000 | 19,807,000 |
| total current liabilities | 24,203,222 | 25,493,475 | 24,273,871 | 24,197,665 | 22,877,762 | 22,617,569 | 21,731,183 | 22,989,325 | 21,645,764 | 16,529,385 | 16,312,524 | 36,553,000 | 20,446,000 | 22,869,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 172,005 | 69,532,665 | 70,392,126 | 27,339,000 | 39,714,000 | 35,075,000 |
| hp & lease commitments | 0 | 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 | 2,399,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 147,487 | 227,548 | 9,930,000 | 12,484,000 | 6,644,000 |
| total long term liabilities | 0 | 172,200 | 1,459,200 | 1,108,200 | 1,656,600 | 1,447,800 | 1,666,000 | 777,000 | 1,872,005 | 71,882,552 | 73,053,644 | 32,304,000 | 45,956,000 | 40,796,000 |
| total liabilities | 24,203,222 | 25,665,675 | 25,733,071 | 25,305,865 | 24,534,362 | 24,065,369 | 23,397,183 | 23,766,325 | 23,517,769 | 88,411,937 | 89,366,168 | 68,857,000 | 66,402,000 | 63,665,000 |
| net assets | 7,478,448 | 6,767,875 | 8,535,996 | 9,536,430 | 9,019,094 | 10,137,490 | 10,691,844 | 12,172,800 | 21,860,450 | 31,684,554 | 31,876,750 | 60,210,000 | 60,049,000 | 53,385,000 |
| total shareholders funds | 7,478,448 | 6,767,875 | 8,535,996 | 9,536,430 | 9,019,094 | 10,137,490 | 10,691,844 | 12,172,800 | 21,860,450 | 31,684,554 | 31,876,750 | 60,210,000 | 60,049,000 | 53,385,000 |
| 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 | -930,370 | -997,678 | -413,120 | -1,223,609 | -1,084,398 | -1,233,371 | -372,556 | 3,128,505 | 1,897,173 | 1,497,001 | 4,311,000 | 9,647,000 | 5,049,000 | |
| Depreciation | 38,498 | 60,281 | 89,053 | 84,811 | 74,968 | 55,116 | 59,638 | 74,499 | 89,829 | 107,807 | 80,525 | 1,033,000 | 1,037,000 | 1,000,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 305,976 | 196,332 | 36,390 | 142,495 | 215,594 | 300,229 | 148,352 | 707,594 | -280,813 | -96,493 | -56,000 | -1,752,000 | -1,160,000 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -500 | 0 | 0 | 0 | -7,889,500 | 1,772,000 | -744,000 | 6,862,000 |
| Debtors | -2,442,422 | -1,528,643 | -29,430 | 572,307 | -287,009 | 592,877 | 210,519 | -6,449,295 | -3,439,308 | 4,257,747 | 12,024,750 | 2,309,000 | 770,000 | 5,416,000 |
| Creditors | 3,182 | -24,165 | 26,370 | -17,004 | 4,022 | 6,406 | -113,268 | 10,851 | -250,063 | 204,268 | -5,179,817 | 1,061,000 | 1,215,000 | 3,062,000 |
| Accruals and Deferred Income | -12,320 | -301,651 | -218,877 | 46,608 | 43,163 | -21,181 | 203,135 | -220,959 | -1,576,057 | -944,391 | -28,007,375 | 15,046,000 | -6,037,000 | 22,206,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -147,487 | -80,061 | -9,702,452 | -2,554,000 | 5,840,000 | 6,644,000 |
| Cash flow from operations | 1,847,388 | -875,370 | -834,622 | -671,952 | -1,421,340 | -993,656 | 6,089,482 | 5,391,629 | -3,353,764 | -45,543,861 | 14,760,000 | 9,924,000 | 24,523,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 704,211 | 274,015 | -83,230 | 428,607 | -379,015 | 175,002 | -341,262 | -3,050,793 | -66,766,327 | -4,342,298 | 7,870,533 | -3,657,000 | 8,717,000 | 78,817,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -697,682 | -1,001,057 | 268,713 | 1,290,299 | 2,217,876 | 850,439 | 683,571 | -2,432,057 | 15,759,475 | 628,411 | 4,458,313 | 0 | 0 | 0 |
| Other Short Term Loans | -583,433 | 2,546,477 | 0 | -1,746,250 | -258,618 | 50,722 | -2,031,580 | 3,985,726 | -7,916,976 | 328,573 | 7,588,403 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -172,005 | -69,360,660 | -859,461 | 43,053,126 | -12,375,000 | 4,639,000 | 35,075,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 176,412 | 253,827 | 198,832 | 205,184 | 185,932 | 191,413 | 224,860 | -726,092 | -780,476 | -1,833,001 | -1,411,000 | -1,200,000 | -1,176,000 | |
| cash flow from financing | 16,370 | 41,308 | 239,889 | 1,886,661 | 1,155,782 | -2,099,838 | 2,125,428 | -62,389,730 | 1,068,792 | 9,447,438 | -16,123,000 | 5,427,000 | 86,125,000 | |
| cash and cash equivalents | ||||||||||||||
| cash | 969,781 | -527,256 | -361,847 | 275,957 | -30,208 | -764,290 | -1,674,116 | 125,981 | 1,131,883 | -1,110,490 | -10,847,576 | 2,069,000 | 847,000 | 11,101,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -900,000 | 0 | 900,000 | 0 | 0 | 0 |
| change in cash | 969,781 | -527,256 | -361,847 | 275,957 | -30,208 | -764,290 | -1,674,116 | 125,981 | 2,031,883 | -1,110,490 | -11,747,576 | 2,069,000 | 847,000 | 11,101,000 |
P&L
December 2022turnover
1.5m
0%
operating profit
-930.4k
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
7.5m
+0.1%
total assets
31.7m
-0.02%
cash
1.2m
+4.13%
net assets
Total assets minus all liabilities
Similar Companies
folkes holdings limited company details
company number
00950164
Type
Private limited with Share Capital
industry
64203 - Activities of construction holding companies
incorporation date
March 1969
age
55
accounts
Small Company
ultimate parent company
previous names
remlane properties limited (October 2001)
incorporated
UK
address
forge house, dudley road, lye, west milands, DY9 8EL
last accounts submitted
December 2022
folkes holdings 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 52 charges/mortgages relating to folkes holdings limited. Currently there are 10 open charges and 42 have been satisfied in the past.
folkes holdings limited Companies House Filings - See Documents
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