flahive brickwork limited
flahive brickwork limited Company Information
Company Number
01968831
Next Accounts
Oct 2025
Industry
Construction of domestic buildings
Construction of commercial buildings
Directors
Shareholders
flahive brickwork holdings ltd
Group Structure
View All
Contact
Registered Address
28 orbital 25 business park, dwight road, watford, herts, WD18 9DA
Website
www.flahivebrickwork.co.ukflahive brickwork limited Estimated Valuation
Pomanda estimates the enterprise value of FLAHIVE BRICKWORK LIMITED at £15m based on a Turnover of £18.2m and 0.83x industry multiple (adjusted for size and gross margin).
flahive brickwork limited Estimated Valuation
Pomanda estimates the enterprise value of FLAHIVE BRICKWORK LIMITED at £15.1m based on an EBITDA of £2.3m and a 6.44x industry multiple (adjusted for size and gross margin).
flahive brickwork limited Estimated Valuation
Pomanda estimates the enterprise value of FLAHIVE BRICKWORK LIMITED at £6.9m based on Net Assets of £4.8m and 1.43x industry multiple (adjusted for liquidity).
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Flahive Brickwork Limited Overview
Flahive Brickwork Limited is a live company located in watford, WD18 9DA with a Companies House number of 01968831. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in December 1985, it's largest shareholder is flahive brickwork holdings ltd with a 100% stake. Flahive Brickwork Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.2m with healthy growth in recent years.
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Flahive Brickwork Limited Health Check
Pomanda's financial health check has awarded Flahive Brickwork Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £18.2m, make it larger than the average company (£4.5m)
£18.2m - Flahive Brickwork Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.4%)
8% - Flahive Brickwork Limited
9.4% - Industry AVG
Production
with a gross margin of 25.8%, this company has a lower cost of product (17.9%)
25.8% - Flahive Brickwork Limited
17.9% - Industry AVG
Profitability
an operating margin of 12.7% make it more profitable than the average company (4.5%)
12.7% - Flahive Brickwork Limited
4.5% - Industry AVG
Employees
with 48 employees, this is above the industry average (14)
48 - Flahive Brickwork Limited
14 - Industry AVG
Pay Structure
on an average salary of £57.6k, the company has a higher pay structure (£46.9k)
£57.6k - Flahive Brickwork Limited
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £378.7k, this is more efficient (£254.5k)
£378.7k - Flahive Brickwork Limited
£254.5k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (36 days)
38 days - Flahive Brickwork Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (35 days)
12 days - Flahive Brickwork Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (145 days)
13 days - Flahive Brickwork Limited
145 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 66 weeks, this is more cash available to meet short term requirements (17 weeks)
66 weeks - Flahive Brickwork Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.4%, this is a lower level of debt than the average (71%)
35.4% - Flahive Brickwork Limited
71% - Industry AVG
FLAHIVE BRICKWORK LIMITED financials
Flahive Brickwork Limited's latest turnover from January 2024 is £18.2 million and the company has net assets of £4.8 million. According to their latest financial statements, Flahive Brickwork Limited has 48 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,179,080 | 18,870,734 | 17,649,054 | 14,320,256 | 18,086,678 | 19,697,041 | 19,235,771 | 17,596,875 | 13,781,390 | 13,527,042 | 10,754,605 | 10,404,543 | 16,201,960 | 7,461,129 | 10,349,922 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 13,492,485 | 14,254,631 | 13,211,285 | 10,651,213 | 13,485,531 | 14,189,577 | 13,705,835 | 13,415,975 | 10,170,526 | 11,239,350 | 8,995,135 | 14,595,640 | |||
| Gross Profit | 4,686,595 | 4,616,103 | 4,437,769 | 3,669,043 | 4,601,147 | 5,507,464 | 5,529,936 | 4,180,900 | 3,610,864 | 2,287,692 | 1,409,408 | 1,606,320 | |||
| Admin Expenses | 2,373,929 | 2,243,952 | 1,928,870 | 1,622,327 | 2,074,344 | 1,815,040 | 1,737,006 | 1,390,463 | 1,491,407 | 1,574,405 | 1,267,861 | 1,306,344 | |||
| Operating Profit | 2,312,666 | 2,372,151 | 2,508,899 | 2,046,716 | 2,526,803 | 3,692,424 | 3,792,930 | 2,790,437 | 2,119,457 | 713,287 | 87,843 | 141,547 | 299,976 | 290,836 | 81,110 |
| Interest Payable | 0 | 3,594 | 0 | 2,748 | 0 | 0 | 709 | 0 | 2,819 | 44,293 | 41,692 | 38,130 | 22,743 | 7,140 | 1,937 |
| Interest Receivable | 4 | 4,452 | 1 | 620 | 3,386 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 125 |
| Pre-Tax Profit | 2,312,670 | 2,373,009 | 2,508,900 | 2,044,588 | 2,530,189 | 3,692,424 | 3,792,221 | 2,794,268 | 2,116,638 | 668,994 | 46,151 | 103,417 | 277,234 | 283,700 | 79,298 |
| Tax | -581,479 | -470,385 | -543,914 | -393,419 | -498,569 | -709,102 | -737,930 | -569,251 | -437,629 | -153,782 | -14,862 | -5,639 | -76,848 | -80,319 | -30,982 |
| Profit After Tax | 1,731,191 | 1,902,624 | 1,964,986 | 1,651,169 | 2,031,620 | 2,983,322 | 3,054,291 | 2,225,017 | 1,679,009 | 515,212 | 31,289 | 97,778 | 200,386 | 203,381 | 48,316 |
| Dividends Paid | 2,000,000 | 1,900,000 | 130,500 | 10,070,000 | 130,500 | 130,500 | 150,000 | 260,000 | 260,000 | 202,000 | 240,000 | 240,000 | 246,850 | 240,000 | 234,000 |
| Retained Profit | -268,809 | 2,624 | 1,834,486 | -8,418,831 | 1,901,120 | 2,852,822 | 2,904,291 | 1,965,017 | 1,419,009 | 313,212 | -208,711 | -142,222 | -46,464 | -36,619 | -185,684 |
| Employee Costs | 2,764,820 | 2,646,631 | 2,535,510 | 2,293,201 | 2,441,722 | 2,317,461 | 2,260,543 | 1,886,541 | 1,659,125 | 1,636,002 | 1,436,012 | 1,301,066 | 1,522,643 | 1,491,405 | 2,183,768 |
| Number Of Employees | 48 | 51 | 50 | 49 | 45 | 46 | 51 | 44 | 43 | 47 | 57 | 51 | 60 | 67 | 80 |
| EBITDA* | 2,346,075 | 2,389,631 | 2,525,821 | 2,059,535 | 2,538,696 | 3,701,681 | 3,803,943 | 2,797,974 | 2,134,322 | 728,790 | 104,418 | 157,792 | 317,633 | 310,577 | 106,915 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 92,326 | 55,119 | 56,110 | 46,464 | 46,355 | 41,139 | 49,974 | 22,613 | 44,589 | 46,499 | 47,702 | 51,437 | 52,982 | 59,231 | 77,415 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 92,326 | 55,119 | 56,110 | 46,464 | 46,355 | 41,139 | 49,974 | 22,613 | 44,589 | 46,499 | 47,702 | 51,437 | 52,982 | 59,231 | 77,415 |
| Stock & work in progress | 492,750 | 980,344 | 762,632 | 769,772 | 454,207 | 338,577 | 766,886 | 580,993 | 633,539 | 513,772 | 85,644 | 62,395 | 367,635 | 1,028,658 | 173,511 |
| Trade Debtors | 1,900,577 | 1,635,889 | 2,143,376 | 1,681,058 | 24,091 | 1,862 | 0 | 812,624 | 898,471 | 1,164,804 | 1,448,826 | 16,860 | 1,680,003 | 142,747 | 74,687 |
| Group Debtors | 1,471,326 | 3,466,876 | 31,876 | 12,000 | 1,467,002 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 137,689 | 113,331 | 182,062 | 272,593 | 374,618 | 1,529,138 | 2,004,453 | 373,134 | 327,201 | 373,007 | 1,099,217 | 2,286,001 | 963,027 | 734,592 | 1,022,163 |
| Cash | 3,361,183 | 1,776,286 | 4,863,910 | 2,998,704 | 11,142,904 | 9,546,055 | 6,067,247 | 4,448,074 | 2,469,317 | 2 | 2 | 971 | 3,648 | 2 | 50,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,363,525 | 7,972,726 | 7,983,856 | 5,734,127 | 13,462,822 | 11,415,632 | 8,838,586 | 6,214,825 | 4,328,528 | 2,051,585 | 2,633,689 | 2,366,227 | 3,014,313 | 1,905,999 | 1,320,361 |
| total assets | 7,455,851 | 8,027,845 | 8,039,966 | 5,780,591 | 13,509,177 | 11,456,771 | 8,888,560 | 6,237,438 | 4,373,117 | 2,098,084 | 2,681,391 | 2,417,664 | 3,067,295 | 1,965,230 | 1,397,776 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 565,427 | 1,828,427 | 1,180,387 | 1,457,052 | 389,805 | 94,728 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 449,761 | 442,432 | 569,849 | 422,154 | 532,552 | 421,622 | 678,887 | 363,457 | 381,457 | 199,849 | 270,438 | 260,155 | 381,493 | 286,413 | 129,253 |
| Group/Directors Accounts | 576 | 2,409 | 0 | 0 | 0 | 22,252 | 892 | 46,841 | 59,391 | 1,391 | 0 | 0 | 37 | 2 | 3,078 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 615,726 | 276,619 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,180,071 | 2,495,458 | 2,385,195 | 2,108,001 | 1,307,358 | 629,024 | 1,016,837 | 1,816,106 | 1,886,252 | 704,409 | 268,730 | 454,615 | 563,984 | 577,817 | 422,905 |
| total current liabilities | 2,630,408 | 2,940,299 | 2,955,044 | 2,530,155 | 1,839,910 | 1,688,624 | 1,973,235 | 2,226,404 | 2,327,100 | 1,471,076 | 2,367,595 | 1,895,157 | 2,402,566 | 1,254,037 | 649,964 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 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 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 6,706 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,706 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,637,114 | 2,940,299 | 2,955,044 | 2,530,155 | 1,839,910 | 1,688,624 | 1,973,235 | 2,226,404 | 2,327,100 | 1,471,076 | 2,367,595 | 1,895,157 | 2,402,566 | 1,254,037 | 649,964 |
| net assets | 4,818,737 | 5,087,546 | 5,084,922 | 3,250,436 | 11,669,267 | 9,768,147 | 6,915,325 | 4,011,034 | 2,046,017 | 627,008 | 313,796 | 522,507 | 664,729 | 711,193 | 747,812 |
| total shareholders funds | 4,818,737 | 5,087,546 | 5,084,922 | 3,250,436 | 11,669,267 | 9,768,147 | 6,915,325 | 4,011,034 | 2,046,017 | 627,008 | 313,796 | 522,507 | 664,729 | 711,193 | 747,812 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,312,666 | 2,372,151 | 2,508,899 | 2,046,716 | 2,526,803 | 3,692,424 | 3,792,930 | 2,790,437 | 2,119,457 | 713,287 | 87,843 | 141,547 | 299,976 | 290,836 | 81,110 |
| Depreciation | 33,409 | 17,480 | 16,922 | 12,819 | 11,893 | 9,257 | 11,013 | 7,537 | 14,865 | 15,503 | 16,575 | 16,245 | 17,657 | 19,741 | 25,805 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -581,479 | -470,385 | -543,914 | -393,419 | -498,569 | -709,102 | -737,930 | -569,251 | -437,629 | -153,782 | -14,862 | -5,639 | -76,848 | -80,319 | -30,982 |
| Stock | -487,594 | 217,712 | -7,140 | 315,565 | 115,630 | -428,309 | 185,893 | -52,546 | 119,767 | 428,128 | 23,249 | -305,240 | -661,023 | 855,147 | 173,511 |
| Debtors | -1,706,504 | 2,858,782 | 391,663 | 99,940 | 334,711 | -473,453 | 818,695 | -39,914 | -312,139 | -1,010,232 | 245,182 | -340,169 | 1,765,691 | -219,511 | 1,096,850 |
| Creditors | 7,329 | -127,417 | 147,695 | -110,398 | 110,930 | -257,265 | 315,430 | -18,000 | 181,608 | -70,589 | 10,283 | -121,338 | 95,080 | 157,160 | 129,253 |
| Accruals and Deferred Income | -315,387 | 110,263 | 277,194 | 800,643 | 678,334 | -387,813 | -799,269 | -70,146 | 1,181,843 | 435,679 | -185,885 | -109,369 | -13,833 | 154,912 | 422,905 |
| Deferred Taxes & Provisions | 6,706 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,657,342 | -1,174,402 | 2,022,273 | 1,940,856 | 2,379,050 | 3,249,263 | 1,577,586 | 2,233,037 | 3,252,516 | 1,522,202 | -354,477 | 566,855 | -782,636 | -93,306 | -642,270 |
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -422 | -38,374 | 8,043 | -12,281 | -17,069 | -12,840 | -14,700 | -14,676 | 1,300 | -2,917 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -422 | -38,374 | 8,043 | -12,281 | -17,069 | -12,840 | -14,700 | -14,676 | 1,300 | -2,917 |
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,833 | 2,409 | 0 | 0 | -22,252 | 21,360 | -45,949 | -12,550 | 58,000 | 1,391 | 0 | -37 | 35 | -3,076 | 3,078 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -615,726 | 339,107 | 276,619 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | |||||||||||||||
| interest | 4 | 858 | 1 | -2,128 | 3,386 | 0 | -709 | 0 | -2,819 | -44,293 | -41,692 | -38,130 | -22,742 | -7,136 | -1,812 |
| cash flow from financing | -1,829 | 3,267 | 1 | -2,128 | -634,592 | 360,467 | 229,961 | -12,550 | 55,181 | -42,902 | -41,692 | -38,167 | -22,707 | -10,212 | 934,762 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,584,897 | -3,087,624 | 1,865,206 | -8,144,200 | 1,596,849 | 3,478,808 | 1,619,173 | 1,978,757 | 2,469,315 | 0 | -969 | -2,677 | 3,646 | -49,998 | 50,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -565,427 | -1,263,000 | 648,040 | -276,665 | 1,067,247 | 295,077 | 94,728 |
| change in cash | 1,584,897 | -3,087,624 | 1,865,206 | -8,144,200 | 1,596,849 | 3,478,808 | 1,619,173 | 1,978,757 | 3,034,742 | 1,263,000 | -649,009 | 273,988 | -1,063,601 | -345,075 | -44,728 |
flahive brickwork limited Credit Report and Business Information
Flahive Brickwork Limited Competitor Analysis
Perform a competitor analysis for flahive brickwork limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in WD18 area or any other competitors across 12 key performance metrics.
flahive brickwork limited Ownership
FLAHIVE BRICKWORK LIMITED group structure
Flahive Brickwork Limited has no subsidiary companies.
Ultimate parent company
FLAHIVE BRICKWORK LIMITED
01968831
flahive brickwork limited directors
Flahive Brickwork Limited currently has 1 director, Mr Kevin Flahive serving since Oct 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Flahive | 49 years | Oct 2012 | - | Director |
P&L
January 2024turnover
18.2m
-4%
operating profit
2.3m
-3%
gross margin
25.8%
+5.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
4.8m
-0.05%
total assets
7.5m
-0.07%
cash
3.4m
+0.89%
net assets
Total assets minus all liabilities
flahive brickwork limited company details
company number
01968831
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
41201 - Construction of commercial buildings
incorporation date
December 1985
age
39
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
HILL WOOLDRIDGE & CO LIMITED
address
28 orbital 25 business park, dwight road, watford, herts, WD18 9DA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
flahive brickwork 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 flahive brickwork limited. Currently there are 0 open charges and 2 have been satisfied in the past.
flahive brickwork limited Companies House Filings - See Documents
| date | description | view/download |
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