frazer-nash research limited
frazer-nash research limited Company Information
Group Structure
View All
Industry
Other research and experimental development on natural sciences and engineering
Registered Address
2nd floor arcadia house, 15 forlease road, maidenhead, SL6 1RX
Website
http://frazer-nash.comfrazer-nash research limited Estimated Valuation
Pomanda estimates the enterprise value of FRAZER-NASH RESEARCH LIMITED at £4.8m based on a Turnover of £4m and 1.19x industry multiple (adjusted for size and gross margin).
frazer-nash research limited Estimated Valuation
Pomanda estimates the enterprise value of FRAZER-NASH RESEARCH LIMITED at £0 based on an EBITDA of £-10.1m and a 5.64x industry multiple (adjusted for size and gross margin).
frazer-nash research limited Estimated Valuation
Pomanda estimates the enterprise value of FRAZER-NASH RESEARCH LIMITED at £0 based on Net Assets of £-15.7m and 1.93x industry multiple (adjusted for liquidity).
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Frazer-nash Research Limited Overview
Frazer-nash Research Limited is a live company located in maidenhead, SL6 1RX with a Companies House number of 02695400. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in March 1992, it's largest shareholder is kamkorp ltd with a 100% stake. Frazer-nash Research Limited is a mature, small sized company, Pomanda has estimated its turnover at £4m with declining growth in recent years.
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Frazer-nash Research Limited Health Check
Pomanda's financial health check has awarded Frazer-Nash Research Limited a 2 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £4m, make it larger than the average company (£2.6m)
£4m - Frazer-nash Research Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -53%, show it is growing at a slower rate (3.9%)
-53% - Frazer-nash Research Limited
3.9% - Industry AVG
Production
with a gross margin of 46.5%, this company has a comparable cost of product (46.5%)
46.5% - Frazer-nash Research Limited
46.5% - Industry AVG
Profitability
an operating margin of -254.1% make it less profitable than the average company (2.6%)
-254.1% - Frazer-nash Research Limited
2.6% - Industry AVG
Employees
with 107 employees, this is above the industry average (43)
107 - Frazer-nash Research Limited
43 - Industry AVG
Pay Structure
on an average salary of £50.9k, the company has an equivalent pay structure (£52.5k)
£50.9k - Frazer-nash Research Limited
£52.5k - Industry AVG
Efficiency
resulting in sales per employee of £37.5k, this is less efficient (£98.5k)
£37.5k - Frazer-nash Research Limited
£98.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Frazer-nash Research Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 285 days, this is slower than average (41 days)
285 days - Frazer-nash Research Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 184 days, this is more than average (50 days)
184 days - Frazer-nash Research Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (29 weeks)
0 weeks - Frazer-nash Research Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 178.2%, this is a higher level of debt than the average (49.4%)
178.2% - Frazer-nash Research Limited
49.4% - Industry AVG
FRAZER-NASH RESEARCH LIMITED financials
Frazer-Nash Research Limited's latest turnover from December 2016 is £4 million and the company has net assets of -£15.7 million. According to their latest financial statements, Frazer-Nash Research Limited has 107 employees and maintains cash reserves of £1.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|
| Turnover | 4,011,847 | 15,192,130 | 17,167,631 | 38,024,583 | 25,352,952 | 16,148,771 | 12,564,384 |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | -10,193,729 | 13,840,562 | 10,423,607 | 19,944,654 | -5,412,564 | -13,920,663 | 4,454,207 |
| Interest Payable | 8,280 | 594 | 712 | 6,510 | 2,130,177 | 16,138 | 66,662 |
| Interest Receivable | 9,299 | 23,622 | 24,329 | 36,606 | |||
| Pre-Tax Profit | -10,202,009 | 13,849,267 | 10,446,517 | 19,938,144 | -7,518,412 | -13,900,195 | 4,387,545 |
| Tax | 1,253,635 | 1,757,825 | -1,249,000 | -5,442,000 | 1,113,207 | ||
| Profit After Tax | -8,948,374 | 15,607,092 | 9,197,517 | 14,496,144 | -7,518,412 | -13,900,195 | 5,500,752 |
| Dividends Paid | |||||||
| Retained Profit | -8,948,374 | 15,607,092 | 9,197,517 | 14,496,144 | -7,518,412 | -13,900,195 | 5,500,752 |
| Employee Costs | 5,443,339 | 4,932,871 | 4,703,987 | 6,456,640 | 4,143,639 | 3,662,188 | 3,524,544 |
| Number Of Employees | 107 | 100 | 98 | 92 | 89 | ||
| EBITDA* | -10,076,414 | 13,971,118 | 10,561,959 | 20,125,274 | -5,301,559 | -13,857,090 | 4,544,901 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 702,491 | 754,091 | 730,380 | 587,222 | 586,020 | 316,630 | 154,639 |
| Intangible Assets | |||||||
| Investments & Other | 17,500,000 | 17,500,000 | 17,500,000 | 17,500,000 | |||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 18,202,491 | 18,254,091 | 18,230,380 | 18,087,222 | 586,020 | 316,630 | 154,639 |
| Stock & work in progress | 1,084,536 | 1,287,152 | 1,400,626 | 1,394,779 | 1,670,708 | 953,102 | 609,605 |
| Trade Debtors | 374,817 | 903,099 | 1,775 | ||||
| Group Debtors | |||||||
| Misc Debtors | 802,675 | 802,817 | 232,609 | 261,523 | 564,150 | 726,583 | 2,418,570 |
| Cash | 1,643 | 16,309 | 585,318 | 161,541 | 354,436 | 3,232,626 | |
| misc current assets | |||||||
| total current assets | 1,888,854 | 2,106,278 | 2,593,370 | 1,817,843 | 2,234,858 | 2,937,220 | 6,262,576 |
| total assets | 20,091,345 | 20,360,369 | 20,823,750 | 19,905,065 | 2,820,878 | 3,253,850 | 6,417,215 |
| Bank overdraft | 3,504 | 25,754 | 60,798 | ||||
| Bank loan | |||||||
| Trade Creditors | 1,677,760 | 2,699,936 | 1,600,934 | 2,741,611 | 1,791,813 | 1,442,011 | 307,081 |
| Group/Directors Accounts | 10,347,546 | 12,800 | 12,427,027 | ||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 23,774,776 | 24,332,546 | 41,543,775 | 48,292,200 | 38,891,042 | 40,358,047 | 18,329,120 |
| total current liabilities | 35,803,586 | 27,058,236 | 43,144,709 | 51,033,811 | 40,756,453 | 41,800,058 | 31,063,228 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 418,730 | 8,129,045 | |||||
| provisions | 66,000 | 50,000 | 21,000 | ||||
| total long term liabilities | 66,000 | 50,000 | 439,730 | 8,129,045 | |||
| total liabilities | 35,803,586 | 27,124,236 | 43,194,709 | 51,473,541 | 48,885,498 | 41,800,058 | 31,063,228 |
| net assets | -15,712,241 | -6,763,867 | -22,370,959 | -31,568,476 | -46,064,620 | -38,546,208 | -24,646,013 |
| total shareholders funds | -15,712,241 | -6,763,867 | -22,370,959 | -31,568,476 | -46,064,620 | -38,546,208 | -24,646,013 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -10,193,729 | 13,840,562 | 10,423,607 | 19,944,654 | -5,412,564 | -13,920,663 | 4,454,207 |
| Depreciation | 117,315 | 130,556 | 138,352 | 180,620 | 111,005 | 63,573 | 90,694 |
| Amortisation | |||||||
| Tax | 1,253,635 | 1,757,825 | -1,249,000 | -5,442,000 | 1,113,207 | ||
| Stock | -202,616 | -113,474 | 5,847 | -275,929 | 717,606 | 343,497 | 609,605 |
| Debtors | -142 | 195,391 | 345,903 | -302,627 | -1,065,532 | -790,663 | 2,420,345 |
| Creditors | -1,022,176 | 1,099,002 | -1,140,677 | 949,798 | 349,802 | 1,134,930 | 307,081 |
| Accruals and Deferred Income | -557,770 | -17,211,229 | -6,748,425 | 9,401,158 | -1,467,005 | 22,028,927 | 18,329,120 |
| Deferred Taxes & Provisions | -66,000 | 16,000 | 29,000 | 21,000 | |||
| Cash flow from operations | -10,265,967 | -449,201 | 1,101,107 | 25,633,786 | -6,070,836 | 9,753,933 | 21,264,359 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 17,500,000 | ||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 10,347,546 | -12,800 | 12,800 | -12,427,027 | 12,427,027 | ||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -418,730 | -7,710,315 | 8,129,045 | ||||
| share issue | |||||||
| interest | -8,280 | 8,705 | 22,910 | -6,510 | -2,105,848 | 20,468 | -66,662 |
| cash flow from financing | 10,339,266 | 8,705 | -395,820 | -7,729,625 | 6,035,997 | -12,406,559 | -17,786,400 |
| cash and cash equivalents | |||||||
| cash | -14,666 | -569,009 | 423,777 | 161,541 | -354,436 | -2,878,190 | 3,232,626 |
| overdraft | -22,250 | 25,754 | -60,798 | 60,798 | |||
| change in cash | 7,584 | -594,763 | 423,777 | 222,339 | -415,234 | -2,878,190 | 3,232,626 |
frazer-nash research limited Credit Report and Business Information
Frazer-nash Research Limited Competitor Analysis
Perform a competitor analysis for frazer-nash research limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SL6 area or any other competitors across 12 key performance metrics.
frazer-nash research limited Ownership
FRAZER-NASH RESEARCH LIMITED group structure
Frazer-Nash Research Limited has no subsidiary companies.
frazer-nash research limited directors
Frazer-Nash Research Limited currently has 1 director, Mr Kamal Siddiqi serving since Mar 1992.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kamal Siddiqi | 72 years | Mar 1992 | - | Director |
P&L
December 2016turnover
4m
-74%
operating profit
-10.2m
-174%
gross margin
46.6%
+1.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
-15.7m
+1.32%
total assets
20.1m
-0.01%
cash
1.6k
-0.9%
net assets
Total assets minus all liabilities
frazer-nash research limited company details
company number
02695400
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
March 1992
age
33
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2016
previous names
N/A
accountant
-
auditor
-
address
2nd floor arcadia house, 15 forlease road, maidenhead, SL6 1RX
Bank
-
Legal Advisor
-
frazer-nash research 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 frazer-nash research limited. Currently there are 0 open charges and 2 have been satisfied in the past.
frazer-nash research 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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frazer-nash research limited Companies House Filings - See Documents
| date | description | view/download |
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