Pomanda estimates the enterprise value of FINECUT FINISHING LTD. at £328.9k based on a Turnover of £981k and 0.34x industry multiple (adjusted for size and gross margin).
finecut finishing ltd.Estimated Valuation
£62.7k
Pomanda estimates the enterprise value of FINECUT FINISHING LTD. at £62.7k based on an EBITDA of £23.3k and a 2.69x industry multiple (adjusted for size and gross margin).
finecut finishing ltd.Estimated Valuation
£0
Pomanda estimates the enterprise value of FINECUT FINISHING LTD. at £0 based on Net Assets of £-177 and 1.75x industry multiple (adjusted for liquidity).
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Finecut Finishing Ltd.Overview
Finecut Finishing Ltd. is a live company located in watford, hertfordshire, WD18 9SP with a Companies House number of 02425001. It operates in the printing n.e.c. sector, SIC Code 18129. Founded in September 1989, it's largest shareholder is
beyond extra limited
with a 50% stake. Finecut Finishing Ltd. is a mature,
small sized company, Pomanda has estimated its turnover at
£981k with
declining
growth in recent years.
Pomanda's financial health check has awarded Finecut Finishing Ltd. a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
0 Strong
3 Regular
8 Weak
Size
annual sales of £981k, make it smaller than the average company (£10.4m)
£981k - Finecut Finishing Ltd.
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8.2%)
-3% - Finecut Finishing Ltd.
8.2% - Industry AVG
Production
with a gross margin of 31.1%, this company has a comparable cost of product (31.1%)
31.1% - Finecut Finishing Ltd.
31.1% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (4.2%)
1.8% - Finecut Finishing Ltd.
4.2% - Industry AVG
Employees
with 9 employees, this is below the industry average (62)
9 - Finecut Finishing Ltd.
62 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)
£38.5k - Finecut Finishing Ltd.
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £109k, this is less efficient (£141.4k)
£109k - Finecut Finishing Ltd.
£141.4k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (51 days)
57 days - Finecut Finishing Ltd.
51 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is quicker than average (53 days)
38 days - Finecut Finishing Ltd.
53 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Finecut Finishing Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Finecut Finishing Ltd.
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.1%, this is a higher level of debt than the average (61.7%)
100.1% - Finecut Finishing Ltd.
61.7% - Industry AVG
FINECUT FINISHING LTD. financials
EXPORT
Finecut Finishing Ltd.'s latest turnover from May 2024 is estimated at £981 thousand and the company has net assets of -£177. According to their latest financial statements, Finecut Finishing Ltd. has 9 employees and maintains cash reserves of £34 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
980,997
1,054,061
1,025,886
1,073,992
962,718
1,663,700
974,276
1,217,319
968,372
1,432,884
1,295,755
1,277,928
1,293,491
1,169,378
1,386,413
Other Income Or Grants
Cost Of Sales
675,901
725,197
714,831
755,831
676,402
1,156,050
659,348
812,638
632,020
944,067
860,685
843,865
823,318
731,863
865,082
Gross Profit
305,096
328,865
311,056
318,161
286,316
507,649
314,929
404,681
336,352
488,817
435,070
434,063
470,173
437,515
521,331
Admin Expenses
287,057
308,763
296,455
325,551
363,249
469,372
313,594
425,636
364,991
456,837
331,508
484,047
447,090
431,935
466,573
Operating Profit
18,039
20,102
14,601
-7,390
-76,933
38,277
1,335
-20,955
-28,639
31,980
103,562
-49,984
23,083
5,580
54,758
Interest Payable
23,488
21,944
6,435
3,335
6,530
5,195
2,084
Interest Receivable
2
8
2
1
2
2
6
9
11
13
7
Pre-Tax Profit
-5,448
-1,834
8,168
-7,390
-76,933
34,943
-5,193
-26,148
-30,717
31,989
103,573
-49,971
23,089
5,580
54,758
Tax
-1,552
-6,639
-6,398
-21,750
-5,541
-1,451
-15,332
Profit After Tax
-5,448
-1,834
6,616
-7,390
-76,933
28,304
-5,193
-26,148
-30,717
25,591
81,823
-49,971
17,548
4,129
39,426
Dividends Paid
Retained Profit
-5,448
-1,834
6,616
-7,390
-76,933
28,304
-5,193
-26,148
-30,717
25,591
81,823
-49,971
17,548
4,129
39,426
Employee Costs
346,414
445,198
492,479
428,342
487,011
479,716
423,232
450,808
293,558
413,940
377,998
368,046
368,460
377,383
456,666
Number Of Employees
9
12
14
13
14
14
13
14
9
13
12
12
12
12
15
EBITDA*
23,292
22,714
14,601
-7,390
-76,933
38,277
3,769
7,263
-28,639
66,234
109,428
-31,926
42,528
15,932
58,750
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
153,029
143,282
145,894
150,679
152,299
155,877
119,524
116,963
98,981
123,029
140,002
140,868
153,365
81,662
51,269
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
153,029
143,282
145,894
150,679
152,299
155,877
119,524
116,963
98,981
123,029
140,002
140,868
153,365
81,662
51,269
Stock & work in progress
Trade Debtors
153,712
143,543
152,496
155,082
79,508
281,043
174,936
242,560
217,284
286,092
241,145
224,870
249,423
223,376
268,562
Group Debtors
Misc Debtors
13,750
64,578
52,982
Cash
34
34
303
230
436
941
1,612
2,055
2,332
2,704
72
misc current assets
total current assets
167,496
208,155
205,781
155,082
79,508
281,043
175,166
242,996
218,225
287,704
243,200
227,202
252,127
223,448
268,562
total assets
320,525
351,437
351,675
305,761
231,807
436,920
294,690
359,959
317,206
410,733
383,202
368,070
405,492
305,110
319,831
Bank overdraft
99,545
109,613
83,751
98,808
102,114
64,128
Bank loan
Trade Creditors
71,576
50,252
56,768
181,541
223,948
352,128
46,162
74,068
60,791
268,545
265,704
314,128
265,902
261,535
280,385
Group/Directors Accounts
other short term finances
hp & lease commitments
10,464
17,331
18,710
other current liabilities
51,185
61,791
103,953
63,282
67,999
78,826
total current liabilities
222,306
221,656
244,472
181,541
223,948
352,128
218,716
261,512
222,455
268,545
265,704
314,128
265,902
261,535
280,385
loans
83,903
124,510
100,098
hp & lease commitments
19,466
36,746
6,902
Accruals and Deferred Income
other liabilities
14,493
123,751
23,622
24,523
42,790
78,467
provisions
total long term liabilities
98,396
124,510
100,098
123,751
19,466
36,746
6,902
23,622
24,523
42,790
78,467
total liabilities
320,702
346,166
344,570
305,292
223,948
352,128
238,182
298,258
229,357
292,167
290,227
356,918
344,369
261,535
280,385
net assets
-177
5,271
7,105
469
7,859
84,792
56,508
61,701
87,849
118,566
92,975
11,152
61,123
43,575
39,446
total shareholders funds
-177
5,271
7,105
469
7,859
84,792
56,508
61,701
87,849
118,566
92,975
11,152
61,123
43,575
39,446
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
18,039
20,102
14,601
-7,390
-76,933
38,277
1,335
-20,955
-28,639
31,980
103,562
-49,984
23,083
5,580
54,758
Depreciation
5,253
2,612
2,434
28,218
34,254
5,866
18,058
19,445
10,352
3,992
Amortisation
Tax
-1,552
-6,639
-6,398
-21,750
-5,541
-1,451
-15,332
Stock
Debtors
-40,659
2,643
50,396
75,574
-201,535
106,107
-67,624
25,276
-68,808
44,947
16,275
-24,553
26,047
-45,186
268,562
Creditors
21,324
-6,516
-124,773
-42,407
-128,180
305,966
-27,906
13,277
-207,754
2,841
-48,424
48,226
4,367
-18,850
280,385
Accruals and Deferred Income
-10,606
-42,162
103,953
-63,282
-4,717
-10,827
78,826
Deferred Taxes & Provisions
Cash flow from operations
74,669
-28,607
-58,167
-125,371
-3,578
168,215
38,770
-15,563
-88,759
17,730
22,979
40,853
15,307
40,817
55,241
Investing Activities
capital expenditure
-15,000
4,785
1,620
3,578
-36,353
-4,995
-46,200
24,048
-17,281
-5,000
-5,561
-91,148
-40,745
-55,261
Change in Investments
cash flow from investments
-15,000
4,785
1,620
3,578
-36,353
-4,995
-46,200
24,048
-17,281
-5,000
-5,561
-91,148
-40,745
-55,261
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-40,607
24,412
100,098
Hire Purchase and Lease Commitments
-29,930
-24,147
28,465
25,612
other long term liabilities
14,493
-123,751
123,751
-23,622
-901
-18,267
-35,677
78,467
share issue
20
-20
20
interest
-23,486
-21,936
-6,433
-3,334
-6,528
-5,193
-2,078
9
11
13
7
cash flow from financing
-49,600
2,476
-30,066
123,751
-33,284
-30,675
23,272
-88
-892
-18,256
-35,664
78,474
20
cash and cash equivalents
cash
-269
303
-230
-206
-505
-671
-443
-277
-372
2,632
72
overdraft
-10,068
25,862
83,751
-98,808
-3,306
37,986
64,128
change in cash
10,068
-26,131
-83,448
98,578
3,100
-38,491
-64,799
-443
-277
-372
2,632
72
finecut finishing ltd. Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for finecut finishing ltd.. Get real-time insights into finecut finishing ltd.'s credit score, group structure and payment trends.
Perform a competitor analysis for finecut finishing ltd. by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WD18 area or any other competitors across 12 key performance metrics.
finecut finishing ltd. Ownership
FINECUT FINISHING LTD. group structure
Finecut Finishing Ltd. has no subsidiary companies.
Ultimate parent company
FINECUT FINISHING LTD.
02425001
FINECUT FINISHING LTD. Shareholders
The largest shareholders in Finecut Finishing Ltd. include Beyond Extra Limited and Christopher Leroy Woods.
beyond extra limited
50%
christopher leroy woods
50%
finecut finishing ltd. directors
Finecut Finishing Ltd. currently has 1 director, Mr Christopher Woods serving since Sep 1992.
18129 - Printing (other than printing of newspapers and printing on labels and tags) n.e.c.
incorporation date
September 1989
age
36
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
unit 35, moor park industrial centre, watford, hertfordshire, WD18 9SP
Bank
-
Legal Advisor
-
finecut finishing ltd. 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 finecut finishing ltd.. Currently there are 1 open charges and 0 have been satisfied in the past.
finecut finishing ltd. 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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finecut finishing ltd.Companies House Filings - See Documents
