good fabrications limited

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good fabrications limited Company Information

Share GOOD FABRICATIONS LIMITED

Company Number

01745855

Shareholders

good fabrications holdings limited

Group Structure

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Industry

Manufacture of other fabricated metal products n.e.c.

 

Registered Address

unit 3a drakes farm, drakes drive long crendon, aylesbury, buckinghamshire, HP18 9BA

good fabrications limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of GOOD FABRICATIONS LIMITED at £1.1m based on a Turnover of £2.2m and 0.5x industry multiple (adjusted for size and gross margin).

good fabrications limited Estimated Valuation

£596.6k

Pomanda estimates the enterprise value of GOOD FABRICATIONS LIMITED at £596.6k based on an EBITDA of £148.6k and a 4.02x industry multiple (adjusted for size and gross margin).

good fabrications limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of GOOD FABRICATIONS LIMITED at £3.6m based on Net Assets of £1.8m and 2.01x industry multiple (adjusted for liquidity).

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Good Fabrications Limited Overview

Good Fabrications Limited is a live company located in aylesbury, HP18 9BA with a Companies House number of 01745855. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in August 1983, it's largest shareholder is good fabrications holdings limited with a 100% stake. Good Fabrications Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.2m with declining growth in recent years.

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Good Fabrications Limited Health Check

Pomanda's financial health check has awarded Good Fabrications Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £2.2m, make it smaller than the average company (£13.2m)

£2.2m - Good Fabrications Limited

£13.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.1%)

-1% - Good Fabrications Limited

6.1% - Industry AVG

production

Production

with a gross margin of 28.8%, this company has a comparable cost of product (28.8%)

28.8% - Good Fabrications Limited

28.8% - Industry AVG

profitability

Profitability

an operating margin of 2.2% make it less profitable than the average company (5.8%)

2.2% - Good Fabrications Limited

5.8% - Industry AVG

employees

Employees

with 29 employees, this is below the industry average (78)

29 - Good Fabrications Limited

78 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)

£39.8k - Good Fabrications Limited

£39.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £75.5k, this is less efficient (£153.5k)

£75.5k - Good Fabrications Limited

£153.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 65 days, this is near the average (61 days)

65 days - Good Fabrications Limited

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (48 days)

23 days - Good Fabrications Limited

48 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 56 days, this is less than average (71 days)

56 days - Good Fabrications Limited

71 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (13 weeks)

49 weeks - Good Fabrications Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 12.6%, this is a lower level of debt than the average (47.6%)

12.6% - Good Fabrications Limited

47.6% - Industry AVG

GOOD FABRICATIONS LIMITED financials

EXPORTms excel logo

Good Fabrications Limited's latest turnover from November 2023 is estimated at £2.2 million and the company has net assets of £1.8 million. According to their latest financial statements, Good Fabrications Limited has 29 employees and maintains cash reserves of £196.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover2,189,3272,170,7171,931,8752,228,0572,066,8762,376,2311,855,4682,134,9763,710,0922,342,4212,965,8942,255,0072,198,9571,292,980
Other Income Or Grants
Cost Of Sales1,559,1151,516,0231,374,5701,560,3151,453,0121,677,0121,282,1111,472,2532,522,0461,633,3782,059,9781,576,4361,531,283886,050
Gross Profit630,212654,693557,305667,743613,864699,220573,356662,7231,188,046709,044905,916678,571667,675406,930
Admin Expenses581,069327,942589,326440,473821,777610,761-260,757762,4571,178,453628,456835,797579,479572,354424,585-874,610
Operating Profit49,143326,751-32,021227,270-207,91388,459834,113-99,7349,59380,58870,11999,09295,321-17,655874,610
Interest Payable3,4553,6152,8881,52515,62516,2507,80016,73810,5631,625
Interest Receivable10,5477,8053623512,3732,4801,6967161,0571,5461,4941,5121,120201127
Pre-Tax Profit56,235330,942-34,547226,096-205,54090,938835,809-114,643-5,60074,33454,87590,04194,816-17,454874,738
Tax-14,059-62,879-42,958-17,278-158,804-15,610-12,621-21,610-24,652-244,926
Profit After Tax42,176268,063-34,547183,138-205,54073,660677,005-114,643-5,60058,72442,25468,43170,164-17,454629,811
Dividends Paid
Retained Profit42,176268,063-34,547183,138-205,54073,660677,005-114,643-5,60058,72442,25468,43170,164-17,454629,811
Employee Costs1,155,2211,002,4351,025,9121,191,7651,134,0741,132,7501,067,592987,556991,520655,979784,021581,057593,752375,381
Number Of Employees2927293332333230312125192013
EBITDA*148,555436,361103,053406,379-9,720324,4061,087,688198,966133,597166,893137,931156,432128,01720,039920,248

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets357,234416,063437,006531,572586,640693,298758,116892,6581,108,675255,800541,470514,828400,405423,495450,781
Intangible Assets
Investments & Other2,155323
Debtors (Due After 1 year)
Total Fixed Assets357,234416,063437,006533,727586,640693,298758,116892,6581,108,675255,800541,470515,151400,405423,495450,781
Stock & work in progress242,596235,120172,542204,000113,997189,838143,63245,46842,209101,48850,41333,59531,601163,540116,142
Trade Debtors390,213449,172355,823439,339439,500498,342364,595466,8231,184,036685,209736,007672,095580,321271,240201,923
Group Debtors764,600764,600764,600764,600764,600764,600
Misc Debtors130,264163,376126,13030,35345,789230,766768,675255,626
Cash196,149205,627314,723408,294293,486339,254321,953356,411216,126206,707411,780185,891418,72529,44350,965
misc current assets
total current assets1,723,8221,817,8951,733,8181,846,5861,657,3722,022,8001,598,8551,124,3281,442,371993,4041,198,200891,5811,030,647464,223369,030
total assets2,081,0562,233,9582,170,8242,380,3132,244,0122,716,0982,356,9712,016,9862,551,0461,249,2041,739,6701,406,7321,431,052887,718819,811
Bank overdraft500,000240,00070,00050,000
Bank loan10,1199,8709,928
Trade Creditors 102,445245,648239,697130,396105,546235,344131,318282,825322,950278,646631,680306,798508,624266,861181,500
Group/Directors Accounts100,000264,854
other short term finances
hp & lease commitments18,52143,94069,586105,36684,016
other current liabilities76,65877,429210,150209,82769,119433,551155,394154,035
total current liabilities207,743376,887529,361545,589523,535668,895286,712436,860822,950278,646871,680376,798558,624266,861181,500
loans15,66125,78034,74850,000205,000
hp & lease commitments39,46930,60441,184110,770120,806
Accruals and Deferred Income
other liabilities30,000117,35296,38877,161133,694110,12866,28465,482175,000
provisions80,354126,992140,67023,2066,407
total long term liabilities55,13056,38475,932190,770201,160244,344237,058100,367133,694110,12866,284270,482181,407
total liabilities262,873433,271605,293736,359724,695913,239523,770537,227956,644388,774937,964647,280740,031266,861181,500
net assets1,818,1831,800,6871,565,5311,643,9541,519,3171,802,8591,833,2011,479,7591,594,402860,430801,706759,452691,021620,857638,311
total shareholders funds1,818,1831,800,6871,565,5311,643,9541,519,3171,802,8591,833,2011,479,7591,594,402860,430801,706759,452691,021620,857638,311
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit49,143326,751-32,021227,270-207,91388,459834,113-99,7349,59380,58870,11999,09295,321-17,655874,610
Depreciation99,412109,610135,074179,109198,193235,947253,575298,700124,00486,30567,81257,34032,69637,69445,638
Amortisation
Tax-14,059-62,879-42,958-17,278-158,804-15,610-12,621-21,610-24,652-244,926
Stock7,47662,578-31,45890,003-75,84146,20698,1643,259-59,27951,07516,8181,994-131,93947,398116,142
Debtors-92,071130,59512,261-15,597-243,819360,438410,821-461,587498,827-50,79863,91291,774309,08169,317201,923
Creditors-143,2035,951109,30124,850-129,798104,026-151,507-40,12544,304-353,034324,882-201,826241,76385,361181,500
Accruals and Deferred Income-771-132,721323140,708-364,432278,1571,359154,035
Deferred Taxes & Provisions-80,354-46,638-13,678117,46423,206-6,4076,407
Cash flow from operations75,11753,539231,874374,219-230,928268,989387,215794,410-261,647-202,028369,462-167,179174,393-11,315538,757
Investing Activities
capital expenditure-40,583-88,667-40,508-124,041-91,535-171,129-119,033-82,683-976,879199,365-94,454-171,763-9,606-10,408-496,419
Change in Investments-2,1552,155-323323
cash flow from investments-40,583-88,667-38,353-126,196-91,535-171,129-119,033-82,683-976,879199,365-94,131-172,086-9,606-10,408-496,419
Financing Activities
Bank loans249-589,928
Group/Directors Accounts-100,000-164,854264,854
Other Short Term Loans
Long term loans-10,119-8,968-15,25250,000-205,000205,000
Hire Purchase and Lease Commitments-16,554-36,226-105,36611,314204,822
other long term liabilities-30,00030,000-117,35220,96419,227-56,53323,56643,844802-109,518175,000
share issue-24,680-32,907-43,876-58,501-78,002-104,002-323,563739,5728,500
interest7,0924,190-2,526-1,1742,3732,4801,696-14,909-15,193-6,254-15,244-9,051-505201127
cash flow from financing-44,012-73,969-287,092-133,215276,695-80,558-302,640-71,442747,94537,590-219,44286,431174,4952018,627
cash and cash equivalents
cash-9,478-109,096-93,571114,808-45,76817,301-34,458140,2859,419-205,073225,889-232,834389,282-21,52250,965
overdraft-500,000500,000-240,000170,00020,00050,000
change in cash-9,478-109,096-93,571114,808-45,76817,301-34,458640,285-490,58134,92755,889-252,834339,282-21,52250,965

good fabrications 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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Good Fabrications Limited Competitor Analysis

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Perform a competitor analysis for good fabrications limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in HP18 area or any other competitors across 12 key performance metrics.

good fabrications limited Ownership

GOOD FABRICATIONS LIMITED group structure

Good Fabrications Limited has no subsidiary companies.

Ultimate parent company

1 parent

GOOD FABRICATIONS LIMITED

01745855

GOOD FABRICATIONS LIMITED Shareholders

good fabrications holdings limited 100%

good fabrications limited directors

Good Fabrications Limited currently has 2 directors. The longest serving directors include Mrs Angela Morgan (Dec 1990) and Mr Neil Morgan (Apr 2009).

officercountryagestartendrole
Mrs Angela Morgan63 years Dec 1990- Director
Mr Neil Morgan65 years Apr 2009- Director

P&L

November 2023

turnover

2.2m

+1%

operating profit

49.1k

0%

gross margin

28.8%

-4.56%

turnover

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

Balance Sheet

November 2023

net assets

1.8m

+0.01%

total assets

2.1m

-0.07%

cash

196.1k

-0.05%

net assets

Total assets minus all liabilities

good fabrications limited company details

company number

01745855

Type

Private limited with Share Capital

industry

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

August 1983

age

42

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

November 2023

previous names

boostpace limited (December 1983)

accountant

MOORE

auditor

-

address

unit 3a drakes farm, drakes drive long crendon, aylesbury, buckinghamshire, HP18 9BA

Bank

ROBERT FLEMING

Legal Advisor

-

good fabrications 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 5 charges/mortgages relating to good fabrications limited. Currently there are 1 open charges and 4 have been satisfied in the past.

good fabrications 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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good fabrications limited Companies House Filings - See Documents

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