fix-a-form international limited

fix-a-form international limited Company Information

Share FIX-A-FORM INTERNATIONAL LIMITED
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MatureSmallDeclining

Company Number

01632653

Industry

Machining

 

Manufacture of other general-purpose machinery n.e.c.

 

Directors

Barry Denny

Graham Denny

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Shareholders

denny bros holdings ltd

Group Structure

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Contact

Registered Address

kempson way, bury st. edmunds, suffolk, IP32 7AR

fix-a-form international limited Estimated Valuation

£258.5k

Pomanda estimates the enterprise value of FIX-A-FORM INTERNATIONAL LIMITED at £258.5k based on a Turnover of £670.8k and 0.39x industry multiple (adjusted for size and gross margin).

fix-a-form international limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FIX-A-FORM INTERNATIONAL LIMITED at £0 based on an EBITDA of £-191.5k and a 3.06x industry multiple (adjusted for size and gross margin).

fix-a-form international limited Estimated Valuation

£3.1m

Pomanda estimates the enterprise value of FIX-A-FORM INTERNATIONAL LIMITED at £3.1m based on Net Assets of £1.6m and 1.92x industry multiple (adjusted for liquidity).

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Fix-a-form International Limited Overview

Fix-a-form International Limited is a live company located in suffolk, IP32 7AR with a Companies House number of 01632653. It operates in the machining sector, SIC Code 25620. Founded in April 1982, it's largest shareholder is denny bros holdings ltd with a 100% stake. Fix-a-form International Limited is a mature, small sized company, Pomanda has estimated its turnover at £670.8k with declining growth in recent years.

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Fix-a-form International Limited Health Check

Pomanda's financial health check has awarded Fix-A-Form International Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £670.8k, make it smaller than the average company (£11.8m)

£670.8k - Fix-a-form International Limited

£11.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (6.3%)

-12% - Fix-a-form International Limited

6.3% - Industry AVG

production

Production

with a gross margin of 19.2%, this company has a higher cost of product (29.9%)

19.2% - Fix-a-form International Limited

29.9% - Industry AVG

profitability

Profitability

an operating margin of -32.6% make it less profitable than the average company (6.5%)

-32.6% - Fix-a-form International Limited

6.5% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (74)

10 - Fix-a-form International Limited

74 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)

£47.5k - Fix-a-form International Limited

£47.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £67.1k, this is less efficient (£158.2k)

£67.1k - Fix-a-form International Limited

£158.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 55 days, this is near the average (62 days)

55 days - Fix-a-form International Limited

62 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (44 days)

8 days - Fix-a-form International Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 436 days, this is more than average (90 days)

436 days - Fix-a-form International Limited

90 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (12 weeks)

54 weeks - Fix-a-form International Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.3%, this is a lower level of debt than the average (43.9%)

20.3% - Fix-a-form International Limited

43.9% - Industry AVG

FIX-A-FORM INTERNATIONAL LIMITED financials

EXPORTms excel logo

Fix-A-Form International Limited's latest turnover from December 2023 is estimated at £670.8 thousand and the company has net assets of £1.6 million. According to their latest financial statements, Fix-A-Form International Limited has 10 employees and maintains cash reserves of £425 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover670,829807,877878,480994,3811,179,7531,354,4621,189,6751,626,955728,1482,364,7402,393,5762,438,4872,016,2941,772,1900
Other Income Or Grants000000000000000
Cost Of Sales541,980667,632715,438813,365941,6031,066,759932,9101,260,527828,5271,865,0521,854,6011,912,3061,580,6261,372,1830
Gross Profit128,849140,245163,042181,016238,150287,703256,764366,428-100,379499,687538,975526,181435,668400,0070
Admin Expenses347,825391,023749,312119,17593,426478,945332,422317,863525,098480,245510,293432,947324,253285,579-3,963,470
Operating Profit-218,976-250,778-586,27061,841144,724-191,242-75,65848,565-625,47719,44228,68293,234111,415114,4283,963,470
Interest Payable000000000000000
Interest Receivable26,43920,4741,8468014,0203,6173,2691,87310,4125,6775,4925,7146,7646,2092,611
Pre-Tax Profit-192,537-230,304-584,42462,642148,744-187,625-72,38950,438-615,06525,11934,17498,949118,178120,6383,966,081
Tax000-11,902-28,26100-10,087117,710-5,275-7,860-23,748-30,726-33,778-1,110,503
Profit After Tax-192,537-230,304-584,42450,740120,483-187,625-72,38940,350-497,35519,84426,31475,20187,45286,8592,855,578
Dividends Paid000000000000000
Retained Profit-192,537-230,304-584,42450,740120,483-187,625-72,38940,350-497,35519,84426,31475,20187,45286,8592,855,578
Employee Costs474,773504,298532,380518,589642,769616,987481,097421,57581,169450,761433,531473,526358,726349,4950
Number Of Employees10111212151512111112121310100
EBITDA*-191,516-239,250-574,86373,025156,029-191,242-58,52967,601-603,62544,94153,574114,205134,305133,6753,978,069

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets197,859217,73984,78989,21692,854104,159124,309138,556153,871173,759196,913167,610182,276150,11391,332
Intangible Assets000000000000000
Investments & Other0290,443290,443339,339339,339339,339339,339339,339339,339290,443290,443290,443290,443290,443290,443
Debtors (Due After 1 year)154,747130,55156,98360,000120,000392,250327,75000000000
Total Fixed Assets352,606638,733432,215488,555552,193835,748791,398477,895493,210464,202487,356458,053472,719440,556381,775
Stock & work in progress648,550768,6151,094,3891,274,3771,356,3261,208,248953,5591,471,7851,241,0691,311,3211,122,1091,174,690844,762739,6801,004,860
Trade Debtors101,946163,215115,743120,700136,204298,746300,005435,305150,889571,701638,630682,468672,568538,431657,732
Group Debtors470,780481,832609,033190,412230,60235,84644,68950,019271,412000000
Misc Debtors12,10219,2479,66828,23836,42920,49998,428123,319117,087000000
Cash425,032582,162587,803889,351712,701359,325605,219702,373795,8011,093,4471,177,2461,019,6611,266,0251,439,5121,044,250
misc current assets000000000000000
total current assets1,658,4102,015,0712,416,6362,503,0782,472,2621,922,6642,001,9002,782,8012,576,2582,976,4692,937,9852,876,8192,783,3552,717,6232,706,842
total assets2,011,0162,653,8042,848,8512,991,6333,024,4552,758,4122,793,2983,260,6963,069,4683,440,6713,425,3413,334,8723,256,0743,158,1793,088,617
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 13,11530,4969,50122,62547,08710,60022,78530,54119,277268,815257,805188,720179,329178,633211,107
Group/Directors Accounts363,763338,488330,445328,240375,506231,204113,348113,745136,459000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities30,951489,096482,87715,07028,02071,98024,055406,145226,192000000
total current liabilities407,829858,080822,823365,935450,613313,784160,188550,431381,928268,815257,805188,720179,329178,633211,107
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions00015,24614,1305,3996,25611,02228,64715,60831,13236,06241,85632,10916,932
total long term liabilities00015,24614,1305,3996,25611,02228,64715,60831,13236,06241,85632,10916,932
total liabilities407,829858,080822,823381,181464,743319,183166,444561,453410,575284,423288,937224,782221,185210,742228,039
net assets1,603,1871,795,7242,026,0282,610,4522,559,7122,439,2292,626,8542,699,2432,658,8933,156,2483,136,4043,110,0903,034,8892,947,4372,860,578
total shareholders funds1,603,1871,795,7242,026,0282,610,4522,559,7122,439,2292,626,8542,699,2432,658,8933,156,2483,136,4043,110,0903,034,8892,947,4372,860,578
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-218,976-250,778-586,27061,841144,724-191,242-75,65848,565-625,47719,44228,68293,234111,415114,4283,963,470
Depreciation27,46011,52811,40711,18411,305017,12919,03621,85225,49924,89220,97122,89019,24714,599
Amortisation000000000000000
Tax000-11,902-28,26100-10,087117,710-5,275-7,860-23,748-30,726-33,778-1,110,503
Stock-120,065-325,774-179,988-81,949148,078254,689-518,226230,716-70,252189,212-52,581329,928105,082-265,1801,004,860
Debtors-55,2703,418392,077-123,885-224,106-23,531162,22969,255-32,313-66,929-43,8389,900134,137-119,301657,732
Creditors-17,38120,995-13,124-24,46236,487-12,185-7,75611,264-249,53811,01069,0859,391696-32,474211,107
Accruals and Deferred Income-458,1456,219467,807-12,950-43,96047,925-382,090179,953226,192000000
Deferred Taxes & Provisions00-15,2461,1168,731-857-4,766-17,62513,039-15,524-4,930-5,7949,74715,17716,932
Cash flow from operations-491,707110,320-347,515230,661205,054-387,517-97,144-68,865-393,657-87,131206,288-245,774-125,197467,0811,433,013
Investing Activities
capital expenditure-7,580-144,478-6,980-7,546020,150-2,882-3,721-1,964-2,345-54,195-6,305-55,053-78,028-105,931
Change in Investments-290,4430-48,8960000048,89600000290,443
cash flow from investments282,863-144,47841,916-7,546020,150-2,882-3,721-50,860-2,345-54,195-6,305-55,053-78,028-396,374
Financing Activities
Bank loans000000000000000
Group/Directors Accounts25,2758,0432,205-47,266144,302117,856-397-22,714136,459000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000005,000
interest26,43920,4741,8468014,0203,6173,2691,87310,4125,6775,4925,7146,7646,2092,611
cash flow from financing51,71428,5174,051-46,465148,322121,4732,872-20,841146,8715,6775,4925,7146,7646,2097,611
cash and cash equivalents
cash-157,130-5,641-301,548176,650353,376-245,894-97,154-93,428-297,646-83,799157,585-246,364-173,487395,2621,044,250
overdraft000000000000000
change in cash-157,130-5,641-301,548176,650353,376-245,894-97,154-93,428-297,646-83,799157,585-246,364-173,487395,2621,044,250

fix-a-form international 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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Fix-a-form International Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fix-a-form international limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in IP32 area or any other competitors across 12 key performance metrics.

fix-a-form international limited Ownership

FIX-A-FORM INTERNATIONAL LIMITED group structure

Fix-A-Form International Limited has 1 subsidiary company.

Ultimate parent company

1 parent

FIX-A-FORM INTERNATIONAL LIMITED

01632653

1 subsidiary

FIX-A-FORM INTERNATIONAL LIMITED Shareholders

denny bros holdings ltd 100%

fix-a-form international limited directors

Fix-A-Form International Limited currently has 3 directors. The longest serving directors include Mr Barry Denny (Dec 1991) and Mr Graham Denny (Nov 1997).

officercountryagestartendrole
Mr Barry Denny76 years Dec 1991- Director
Mr Graham Denny62 years Nov 1997- Director
Mr Karl Seeley52 years Nov 2024- Director

P&L

December 2023

turnover

670.8k

-17%

operating profit

-219k

0%

gross margin

19.3%

+10.64%

turnover

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

Balance Sheet

December 2023

net assets

1.6m

-0.11%

total assets

2m

-0.24%

cash

425k

-0.27%

net assets

Total assets minus all liabilities

fix-a-form international limited company details

company number

01632653

Type

Private limited with Share Capital

industry

25620 - Machining

28290 - Manufacture of other general-purpose machinery n.e.c.

incorporation date

April 1982

age

43

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

N/A

accountant

ENSORS ACCOUNTANTS LLP

auditor

-

address

kempson way, bury st. edmunds, suffolk, IP32 7AR

Bank

-

Legal Advisor

-

fix-a-form international 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 fix-a-form international limited. Currently there are 1 open charges and 0 have been satisfied in the past.

fix-a-form international 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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fix-a-form international limited Companies House Filings - See Documents

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