black cat fireworks limited
black cat fireworks limited Company Information
Company Number
01900841
Website
www.blackcatfireworks.co.ukRegistered Address
centenary house centenary way, salford, manchester, M50 1RF
Industry
Wholesale of household goods (other than musical instruments) n.e.c.
Telephone
441484640640
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
golden horn nv 100%
black cat fireworks limited Estimated Valuation
Pomanda estimates the enterprise value of BLACK CAT FIREWORKS LIMITED at £23m based on a Turnover of £40.3m and 0.57x industry multiple (adjusted for size and gross margin).
black cat fireworks limited Estimated Valuation
Pomanda estimates the enterprise value of BLACK CAT FIREWORKS LIMITED at £70.2m based on an EBITDA of £9m and a 7.82x industry multiple (adjusted for size and gross margin).
black cat fireworks limited Estimated Valuation
Pomanda estimates the enterprise value of BLACK CAT FIREWORKS LIMITED at £0 based on Net Assets of £-12.9m and 1.93x industry multiple (adjusted for liquidity).
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Black Cat Fireworks Limited Overview
Black Cat Fireworks Limited is a live company located in manchester, M50 1RF with a Companies House number of 01900841. It operates in the wholesale of household goods (other than musical instruments) n.e.c. sector, SIC Code 46499. Founded in March 1985, it's largest shareholder is golden horn nv with a 100% stake. Black Cat Fireworks Limited is a mature, large sized company, Pomanda has estimated its turnover at £40.3m with rapid growth in recent years.
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Black Cat Fireworks Limited Health Check
Pomanda's financial health check has awarded Black Cat Fireworks Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £40.3m, make it larger than the average company (£22.7m)
£40.3m - Black Cat Fireworks Limited
£22.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 96%, show it is growing at a faster rate (4.5%)
96% - Black Cat Fireworks Limited
4.5% - Industry AVG
Production
with a gross margin of 44.5%, this company has a lower cost of product (30.6%)
44.5% - Black Cat Fireworks Limited
30.6% - Industry AVG
Profitability
an operating margin of 18.4% make it more profitable than the average company (4.6%)
18.4% - Black Cat Fireworks Limited
4.6% - Industry AVG
Employees
with 80 employees, this is above the industry average (63)
80 - Black Cat Fireworks Limited
63 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£42.3k)
£42.4k - Black Cat Fireworks Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £503.7k, this is more efficient (£362.5k)
£503.7k - Black Cat Fireworks Limited
£362.5k - Industry AVG
Debtor Days
it gets paid by customers after 192 days, this is later than average (54 days)
192 days - Black Cat Fireworks Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (33 days)
21 days - Black Cat Fireworks Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 38 days, this is less than average (114 days)
38 days - Black Cat Fireworks Limited
114 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (10 weeks)
1 weeks - Black Cat Fireworks Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 118.9%, this is a higher level of debt than the average (50.7%)
118.9% - Black Cat Fireworks Limited
50.7% - Industry AVG
BLACK CAT FIREWORKS LIMITED financials
Black Cat Fireworks Limited's latest turnover from December 2022 is £40.3 million and the company has net assets of -£12.9 million. According to their latest financial statements, Black Cat Fireworks Limited has 80 employees and maintains cash reserves of £2.6 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 | 40,297,000 | 7,152,000 | 6,299,000 | 5,347,000 | 7,352,000 | 7,130,000 | 7,020,000 | 6,983,000 | 6,759,000 | 7,124,000 | 5,152,000 | 8,100,000 | 8,398,000 | 8,791,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 22,354,000 | 3,648,000 | 2,795,000 | 2,262,000 | 2,843,000 | 3,137,000 | 3,145,000 | 3,057,000 | 2,806,000 | 3,048,000 | 2,092,000 | 3,042,000 | 3,259,000 | 3,128,000 |
| Gross Profit | 17,943,000 | 3,504,000 | 3,504,000 | 3,085,000 | 4,509,000 | 3,993,000 | 3,875,000 | 3,926,000 | 3,953,000 | 4,076,000 | 3,060,000 | 5,058,000 | 5,139,000 | 5,663,000 |
| Admin Expenses | 10,545,000 | 3,626,000 | 3,466,000 | 3,863,000 | 4,256,000 | 3,768,000 | 3,500,000 | 3,742,000 | 3,756,000 | 4,215,000 | 2,870,000 | 3,838,000 | 3,207,000 | 3,617,000 |
| Operating Profit | 7,398,000 | -122,000 | 38,000 | -778,000 | 253,000 | 225,000 | 375,000 | 184,000 | 197,000 | -139,000 | 190,000 | 1,220,000 | 1,932,000 | 2,046,000 |
| Interest Payable | 4,642,000 | 312,000 | 247,000 | 315,000 | 370,000 | 382,000 | 394,000 | 372,000 | 429,000 | 384,000 | 408,000 | 450,000 | 658,000 | 847,000 |
| Interest Receivable | 200,000 | 131,000 | 194,000 | 236,000 | 220,000 | 236,000 | 287,000 | 271,000 | 336,000 | 342,000 | 331,000 | 437,000 | 372,000 | 325,000 |
| Pre-Tax Profit | 2,956,000 | -303,000 | -15,000 | -857,000 | -931,000 | 79,000 | 268,000 | 83,000 | 104,000 | -181,000 | 113,000 | 1,207,000 | 1,646,000 | 1,524,000 |
| Tax | -836,000 | -2,000 | 0 | -2,000 | -25,000 | 22,000 | -2,000 | -3,000 | -5,000 | 99,000 | -4,000 | -952,000 | 101,000 | 351,000 |
| Profit After Tax | 2,120,000 | -305,000 | -15,000 | -859,000 | -956,000 | 101,000 | 266,000 | 80,000 | 99,000 | -82,000 | 109,000 | 255,000 | 1,747,000 | 1,875,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,120,000 | -305,000 | -15,000 | -859,000 | -956,000 | 101,000 | 266,000 | 80,000 | 99,000 | -82,000 | 109,000 | 255,000 | 1,747,000 | 1,875,000 |
| Employee Costs | 3,388,000 | 888,000 | 850,000 | 909,000 | 1,016,000 | 1,022,000 | 1,000,000 | 1,040,000 | 984,000 | 973,000 | 907,000 | 1,055,000 | 912,000 | 973,000 |
| Number Of Employees | 80 | 21 | 22 | 22 | 23 | 23 | 23 | 25 | 24 | 23 | 24 | 31 | 30 | 32 |
| EBITDA* | 8,976,000 | 157,000 | 383,000 | -320,000 | 502,000 | 424,000 | 540,000 | 436,000 | 552,000 | 142,000 | 469,000 | 1,491,000 | 2,150,000 | 2,261,000 |
* 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 | 226,000 | 113,000 | 125,000 | 204,000 | 390,000 | 374,000 | 388,000 | 305,000 | 498,000 | 656,000 | 685,000 | 944,000 | 620,000 | 510,000 |
| Intangible Assets | 1,252,000 | 3,000 | 7,000 | 11,000 | 19,000 | 16,000 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 29,640,000 | 1,000 | 1,000 | 1,000 | 1,035,000 | 1,035,000 | 1,035,000 | 1,035,000 | 1,035,000 | 1,035,000 | 1,035,000 | 1,035,000 | 1,035,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,478,000 | 29,756,000 | 133,000 | 216,000 | 410,000 | 1,425,000 | 1,431,000 | 1,340,000 | 1,533,000 | 1,691,000 | 1,720,000 | 1,979,000 | 1,655,000 | 1,545,000 |
| Stock & work in progress | 2,364,000 | 291,000 | 954,000 | 2,319,000 | 2,279,000 | 1,221,000 | 611,000 | 945,000 | 1,056,000 | 1,566,000 | 1,506,000 | 1,413,000 | 1,857,000 | 1,086,000 |
| Trade Debtors | 21,272,000 | 3,209,000 | 1,660,000 | 70,000 | 1,061,000 | 990,000 | 2,320,000 | 1,050,000 | 1,252,000 | 0 | 77,000 | 2,000,000 | 2,041,000 | 657,000 |
| Group Debtors | 38,144,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 3,000 | 1,607,000 |
| Misc Debtors | 2,155,000 | 223,000 | 276,000 | 377,000 | 459,000 | 413,000 | 226,000 | 333,000 | 512,000 | 657,000 | 572,000 | 538,000 | 1,557,000 | 654,000 |
| Cash | 2,604,000 | 2,553,000 | 4,078,000 | 2,973,000 | 11,691,000 | 3,021,000 | 2,419,000 | 3,137,000 | 2,158,000 | 3,314,000 | 2,361,000 | 1,223,000 | 287,000 | 9,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 66,539,000 | 6,276,000 | 6,968,000 | 5,739,000 | 15,490,000 | 5,645,000 | 5,576,000 | 5,465,000 | 4,978,000 | 5,537,000 | 4,516,000 | 5,175,000 | 5,745,000 | 4,013,000 |
| total assets | 68,017,000 | 36,032,000 | 7,101,000 | 5,955,000 | 15,900,000 | 7,070,000 | 7,007,000 | 6,805,000 | 6,511,000 | 7,228,000 | 6,236,000 | 7,154,000 | 7,400,000 | 5,558,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,044,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,333,000 | 43,000 | 100,000 | 22,000 | 232,000 | 90,000 | 82,000 | 148,000 | 135,000 | 712,000 | 68,000 | 34,000 | 180,000 | 242,000 |
| Group/Directors Accounts | 44,878,000 | 30,056,000 | 127,000 | 327,000 | 16,000 | 16,000 | 6,000 | 3,000 | 0 | 0 | 0 | 60,000 | 2,000 | 6,845,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,243,000 | 17,000 | 11,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 32,666,000 | 2,595,000 | 3,081,000 | 1,703,000 | 10,783,000 | 1,203,000 | 1,201,000 | 1,161,000 | 960,000 | 1,186,000 | 631,000 | 1,545,000 | 1,794,000 | 893,000 |
| total current liabilities | 80,120,000 | 32,711,000 | 3,319,000 | 2,062,000 | 11,031,000 | 1,309,000 | 1,289,000 | 1,312,000 | 1,095,000 | 1,898,000 | 699,000 | 1,639,000 | 1,976,000 | 16,024,000 |
| loans | 86,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 43,000 | 19,000 | 11,000 | 7,000 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,430,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 758,000 | 288,000 | 1,188,000 | 1,313,000 | 1,162,000 | 4,612,000 | 5,078,000 | 2,972,000 | 2,547,000 | 1,702,000 | 1,767,000 | 1,652,000 | 889,000 | 2,179,000 |
| total liabilities | 80,878,000 | 32,999,000 | 4,507,000 | 3,375,000 | 12,193,000 | 5,921,000 | 6,367,000 | 4,284,000 | 3,642,000 | 3,600,000 | 2,466,000 | 3,291,000 | 2,865,000 | 18,203,000 |
| net assets | -12,861,000 | 3,033,000 | 2,594,000 | 2,580,000 | 3,707,000 | 1,149,000 | 640,000 | 2,521,000 | 2,869,000 | 3,628,000 | 3,770,000 | 3,863,000 | 4,535,000 | -12,645,000 |
| total shareholders funds | -12,861,000 | 3,033,000 | 2,594,000 | 2,580,000 | 3,707,000 | 1,149,000 | 640,000 | 2,521,000 | 2,869,000 | 3,628,000 | 3,770,000 | 3,863,000 | 4,535,000 | -12,645,000 |
| 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 | 7,398,000 | -122,000 | 38,000 | -778,000 | 253,000 | 225,000 | 375,000 | 184,000 | 197,000 | -139,000 | 190,000 | 1,220,000 | 1,932,000 | 2,046,000 |
| Depreciation | 129,000 | 275,000 | 341,000 | 449,000 | 240,000 | 199,000 | 165,000 | 252,000 | 355,000 | 281,000 | 279,000 | 271,000 | 218,000 | 215,000 |
| Amortisation | 1,449,000 | 4,000 | 4,000 | 9,000 | 9,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -836,000 | -2,000 | 0 | -2,000 | -25,000 | 22,000 | -2,000 | -3,000 | -5,000 | 99,000 | -4,000 | -952,000 | 101,000 | 351,000 |
| Stock | 2,073,000 | -663,000 | -1,365,000 | 40,000 | 1,058,000 | 610,000 | -334,000 | -111,000 | -510,000 | 60,000 | 93,000 | -444,000 | 771,000 | 1,086,000 |
| Debtors | 58,139,000 | 1,496,000 | 1,489,000 | -1,073,000 | 117,000 | -1,143,000 | 1,163,000 | -381,000 | 1,107,000 | 8,000 | -1,890,000 | -1,062,000 | 683,000 | 2,918,000 |
| Creditors | 1,290,000 | -57,000 | 78,000 | -210,000 | 142,000 | 8,000 | -66,000 | 13,000 | -577,000 | 644,000 | 34,000 | -146,000 | -62,000 | 242,000 |
| Accruals and Deferred Income | 30,071,000 | -486,000 | 1,378,000 | -9,080,000 | 9,580,000 | 2,000 | 40,000 | 201,000 | -226,000 | 555,000 | -914,000 | -249,000 | 901,000 | 893,000 |
| Deferred Taxes & Provisions | 1,430,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -19,281,000 | -1,221,000 | 1,715,000 | -8,579,000 | 9,024,000 | 989,000 | -317,000 | 1,139,000 | -853,000 | 1,372,000 | 1,382,000 | 1,650,000 | 1,636,000 | -257,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | |||||||||||||
| Change in Investments | -29,640,000 | 29,639,000 | 0 | 0 | -1,034,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,035,000 |
| cash flow from investments | -29,639,000 | |||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 14,822,000 | 29,929,000 | -200,000 | 311,000 | 0 | 10,000 | 3,000 | 3,000 | 0 | 0 | -60,000 | 58,000 | -6,843,000 | 6,845,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 86,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 1,250,000 | 14,000 | 5,000 | 17,000 | 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 | -4,442,000 | -181,000 | -53,000 | -79,000 | -150,000 | -146,000 | -107,000 | -101,000 | -93,000 | -42,000 | -77,000 | -13,000 | -286,000 | -522,000 |
| cash flow from financing | -6,298,000 | 30,506,000 | -219,000 | -19,000 | 3,364,000 | 272,000 | -2,251,000 | -526,000 | -951,000 | -102,000 | -339,000 | -882,000 | 8,304,000 | -8,197,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 51,000 | -1,525,000 | 1,105,000 | -8,718,000 | 8,670,000 | 602,000 | -718,000 | 979,000 | -1,156,000 | 953,000 | 1,138,000 | 936,000 | 278,000 | 9,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,044,000 | 8,044,000 |
| change in cash | 51,000 | -1,525,000 | 1,105,000 | -8,718,000 | 8,670,000 | 602,000 | -718,000 | 979,000 | -1,156,000 | 953,000 | 1,138,000 | 936,000 | 8,322,000 | -8,035,000 |
black cat fireworks limited Credit Report and Business Information
Black Cat Fireworks Limited Competitor Analysis
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black cat fireworks limited Ownership
BLACK CAT FIREWORKS LIMITED group structure
Black Cat Fireworks Limited has no subsidiary companies.
Ultimate parent company
LI & FUNG LTD
#0057032
GOLDEN HORN NV
#0025133
2 parents
BLACK CAT FIREWORKS LIMITED
01900841
black cat fireworks limited directors
Black Cat Fireworks Limited currently has 2 directors. The longest serving directors include Mr Richard Eickel (Jan 2021) and Mr Austin Brown (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Eickel | 59 years | Jan 2021 | - | Director | |
| Mr Austin Brown | 47 years | Jan 2021 | - | Director |
P&L
December 2022turnover
40.3m
+463%
operating profit
7.4m
-6164%
gross margin
44.6%
-9.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-12.9m
-5.24%
total assets
68m
+0.89%
cash
2.6m
+0.02%
net assets
Total assets minus all liabilities
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black cat fireworks limited company details
company number
01900841
Type
Private limited with Share Capital
industry
46499 - Wholesale of household goods (other than musical instruments) n.e.c.
incorporation date
March 1985
age
39
accounts
Group
ultimate parent company
previous names
feistel & benwell limited (November 1992)
feistel fireworks limited (January 1988)
incorporated
UK
address
centenary house centenary way, salford, manchester, M50 1RF
last accounts submitted
December 2022
black cat fireworks 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 2 charges/mortgages relating to black cat fireworks limited. Currently there are 0 open charges and 2 have been satisfied in the past.
black cat fireworks limited Companies House Filings - See Documents
| date | description | view/download |
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