fixing centre limited

Dissolved 

fixing centre limited Company Information

Share FIXING CENTRE LIMITED

Company Number

01769160

Shareholders

colin john abbott

Group Structure

View All

Industry

Non-specialised wholesale trade

 

Registered Address

sfp 9 ensign house admirals way, marsh wall, london, E14 9XQ

fixing centre limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of FIXING CENTRE LIMITED at £2.1m based on a Turnover of £7.7m and 0.28x industry multiple (adjusted for size and gross margin).

fixing centre limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FIXING CENTRE LIMITED at £0 based on an EBITDA of £-100.5k and a 3.34x industry multiple (adjusted for size and gross margin).

fixing centre limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of FIXING CENTRE LIMITED at £2.3m based on Net Assets of £853.8k and 2.64x industry multiple (adjusted for liquidity).

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Fixing Centre Limited Overview

Fixing Centre Limited is a dissolved company that was located in london, E14 9XQ with a Companies House number of 01769160. It operated in the non-specialised wholesale trade sector, SIC Code 46900. Founded in November 1983, it's largest shareholder was colin john abbott with a 100% stake. The last turnover for Fixing Centre Limited was estimated at £7.7m.

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Fixing Centre Limited Health Check

Pomanda's financial health check has awarded Fixing Centre Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £7.7m, make it smaller than the average company (£9.7m)

£7.7m - Fixing Centre Limited

£9.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (3.8%)

15% - Fixing Centre Limited

3.8% - Industry AVG

production

Production

with a gross margin of 18.6%, this company has a higher cost of product (28.2%)

18.6% - Fixing Centre Limited

28.2% - Industry AVG

profitability

Profitability

an operating margin of -2.4% make it less profitable than the average company (4.4%)

-2.4% - Fixing Centre Limited

4.4% - Industry AVG

employees

Employees

with 15 employees, this is below the industry average (41)

15 - Fixing Centre Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £34k, the company has an equivalent pay structure (£34k)

£34k - Fixing Centre Limited

£34k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £511.8k, this is more efficient (£295.3k)

£511.8k - Fixing Centre Limited

£295.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 85 days, this is later than average (57 days)

85 days - Fixing Centre Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 156 days, this is slower than average (41 days)

156 days - Fixing Centre Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 88 days, this is more than average (63 days)

88 days - Fixing Centre Limited

63 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Fixing Centre Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.7%, this is a higher level of debt than the average (57%)

77.7% - Fixing Centre Limited

57% - Industry AVG

FIXING CENTRE LIMITED financials

EXPORTms excel logo

Fixing Centre Limited's latest turnover from March 2016 is estimated at £7.7 million and the company has net assets of £853.8 thousand. According to their latest financial statements, we estimate that Fixing Centre Limited has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover7,677,6866,825,4635,368,9275,002,7235,910,2035,093,2596,412,311
Other Income Or Grants
Cost Of Sales6,252,9005,568,7064,449,1304,102,2464,843,5094,178,5095,274,945
Gross Profit1,424,7861,256,757919,797900,4771,066,693914,7501,137,365
Admin Expenses1,611,0831,176,913651,044717,9211,406,5281,048,723440,343
Operating Profit-186,29779,844268,753182,556-339,835-133,973697,022
Interest Payable46,22195,00748,785
Interest Receivable11221
Pre-Tax Profit-186,29733,623173,747133,772-339,833-133,971697,022
Tax-7,061-39,962-32,105-195,166
Profit After Tax-186,29726,562133,785101,667-339,833-133,971501,856
Dividends Paid
Retained Profit-186,29726,562133,785101,667-339,833-133,971501,856
Employee Costs509,440428,674331,078326,173356,178318,186476,445
Number Of Employees15131010111015
EBITDA*-100,505183,505385,287299,515-205,47112,367863,517

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets511,886431,897464,736567,245617,868776,364751,772
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets511,886431,897464,736567,245617,868776,364751,772
Stock & work in progress1,512,0131,570,1111,608,4151,261,0161,281,4191,635,6311,851,484
Trade Debtors1,802,5281,549,7421,474,1151,514,8071,298,156980,8691,191,875
Group Debtors
Misc Debtors
Cash242280542224
misc current assets
total current assets3,314,5413,119,8533,082,5302,776,0652,579,8552,617,0423,043,583
total assets3,826,4273,551,7503,547,2663,343,3103,197,7233,393,4063,795,355
Bank overdraft
Bank loan
Trade Creditors 2,681,8602,310,5141,111,567962,5042,213,0522,071,0872,491,991
Group/Directors Accounts
other short term finances1,350,0281,432,518
hp & lease commitments
other current liabilities
total current liabilities2,681,8602,310,5142,461,5952,395,0222,213,0522,071,0872,491,991
loans72,16768,569
hp & lease commitments
Accruals and Deferred Income
other liabilities290,798201,170206,619504,434520,826
provisions30,682
total long term liabilities290,798201,17072,16768,569206,619504,434551,508
total liabilities2,972,6582,511,6842,533,7622,463,5912,419,6712,575,5213,043,499
net assets853,7691,040,0661,013,504879,719778,052817,885751,856
total shareholders funds853,7691,040,0661,013,504879,719778,052817,885751,856
Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-186,29779,844268,753182,556-339,835-133,973697,022
Depreciation85,792103,661116,534116,959134,364146,340166,495
Amortisation
Tax-7,061-39,962-32,105-195,166
Stock-58,098-38,304347,399-20,403-354,212-215,8531,851,484
Debtors252,78675,627-40,692216,651317,287-211,0061,191,875
Creditors371,3461,198,947149,063-1,250,548141,965-420,9042,491,991
Accruals and Deferred Income
Deferred Taxes & Provisions-30,68230,682
Cash flow from operations76,1531,338,068187,681-1,179,386-26,581-12,360147,665
Investing Activities
capital expenditure-165,781-70,822-14,025-66,33624,132-170,932-918,267
Change in Investments
cash flow from investments-165,781-70,822-14,025-66,33624,132-170,932-918,267
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -1,350,028-82,4901,432,518
Long term loans-72,1673,59868,569
Hire Purchase and Lease Commitments
other long term liabilities89,628201,170-206,619-297,815-16,392520,826
share issue300,000200,000250,000
interest-46,221-95,006-48,784221
cash flow from financing89,628-1,267,246-173,8981,245,6842,187183,610770,827
cash and cash equivalents
cash-242-38-262318224
overdraft
change in cash-242-38-262318224

fixing centre 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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Fixing Centre Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fixing centre 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 E14 area or any other competitors across 12 key performance metrics.

fixing centre limited Ownership

FIXING CENTRE LIMITED group structure

Fixing Centre Limited has 1 subsidiary company.

Ultimate parent company

FIXING CENTRE LIMITED

01769160

1 subsidiary

FIXING CENTRE LIMITED Shareholders

colin john abbott 100%

fixing centre limited directors

Fixing Centre Limited currently has 2 directors. The longest serving directors include Mr Colin Abbott (Jun 1991) and Mr Paul Abbott (Sep 2006).

officercountryagestartendrole
Mr Colin AbbottEngland78 years Jun 1991- Director
Mr Paul AbbottEngland48 years Sep 2006- Director

P&L

March 2016

turnover

7.7m

+12%

operating profit

-186.3k

0%

gross margin

18.6%

+0.79%

turnover

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

Balance Sheet

March 2016

net assets

853.8k

-0.18%

total assets

3.8m

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

fixing centre limited company details

company number

01769160

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

November 1983

age

42

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Small

last accounts submitted

March 2016

previous names

ornamental stainless steel tubes limited (September 1990)

accountant

-

auditor

-

address

sfp 9 ensign house admirals way, marsh wall, london, E14 9XQ

Bank

HSBC BANK PLC

Legal Advisor

-

fixing centre 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 14 charges/mortgages relating to fixing centre limited. Currently there are 1 open charges and 13 have been satisfied in the past.

fixing centre 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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fixing centre limited Companies House Filings - See Documents

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