Flag Clothing Limited

POWER SEARCH PRICING

SOLUTIONS

flag clothing limited Company Information

Live

MatureSmallDeclining

Company Number

02717552

Next Accounts

89 days late

Industry

Retail sale of clothing in specialised stores

Directors

Sean Dixon

Toby Lamb

View All

Shareholders

mr richard james

s.m. dixon

View All

Group Structure

View All

Contact

Registered Address

13 old burlington, 13 old burlington street, london, W1S 3AS

Website

http://richardjames.co.uk

flag clothing limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of FLAG CLOTHING LIMITED at £1.3m based on a Turnover of £3.3m and 0.4x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Flag Clothing Limited is a live company located in london, W1S 3AS with a Companies House number of 02717552. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in May 1992, it's largest shareholder is mr richard james with a 35% stake. Flag Clothing Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.3m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Flag Clothing Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

3 Regular

7 Weak

Size

annual sales of £3.3m, make it smaller than the average company (£9.7m)

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (3.3%)

EXPORT

Flag Clothing Limited's latest turnover from January 2023 is estimated at £3.3 million and the company has net assets of -£10.6 million. According to their latest financial statements, Flag Clothing Limited has 24 employees and maintains cash reserves of £150.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jan 2023	Jan 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	3,263,724	4,733,124	3,208,162	3,978,412	3,794,789	3,394,611	7,648,902	6,360,376	12,265,623	10,216,159	12,145,363	12,727,209	11,279,142	8,895,166
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,648,368	2,470,933	1,662,054	1,992,309	1,962,222	1,710,460	4,025,325	3,253,405	6,373,268	5,341,147	6,390,713	6,607,695	6,002,802	4,736,722
Gross Profit	1,615,356	2,262,191	1,546,107	1,986,103	1,832,567	1,684,151	3,623,576	3,106,971	5,892,355	4,875,012	5,754,650	6,119,514	5,276,340	4,158,445
Admin Expenses	3,622,042	3,688,833	3,851,819	4,055,252	3,454,362	2,851,464	4,458,408	2,781,702	5,909,822	4,681,426	5,696,804	6,196,701	5,355,458	3,613,534
Operating Profit	-2,006,686	-1,426,642	-2,305,712	-2,069,149	-1,621,795	-1,167,313	-834,832	325,269	-17,467	193,586	57,846	-77,187	-79,118	544,911
Interest Payable	3,693	2,959	3,079	1,525	0	235	2,723	2,597	0	0	0	0	0	0
Interest Receivable	4,713	286	101	86	959	860	215	252	505	654	890	1,591	1,986	894
Pre-Tax Profit	-2,005,666	-1,429,315	-2,308,690	-2,070,588	-1,620,836	-1,166,688	-837,341	322,924	-16,962	194,241	58,736	-75,596	-77,132	545,804
Tax	0	0	0	0	0	0	0	-64,585	0	-40,791	-13,509	0	0	-152,825
Profit After Tax	-2,005,666	-1,429,315	-2,308,690	-2,070,588	-1,620,836	-1,166,688	-837,341	258,339	-16,962	153,450	45,227	-75,596	-77,132	392,979
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-2,005,666	-1,429,315	-2,308,690	-2,070,588	-1,620,836	-1,166,688	-837,341	258,339	-16,962	153,450	45,227	-75,596	-77,132	392,979
Employee Costs	609,081	569,041	480,765	574,269	560,070	548,871	554,573	590,471	2,190,903	1,934,522	2,454,903	2,403,231	2,042,040	1,686,258
Number Of Employees	24	24	21	25	26	26	28	30	113	100	131	132	112	97
EBITDA*	-1,892,502	-1,384,827	-2,211,211	-1,967,222	-1,487,569	-987,508	-658,881	414,426	81,538	276,998	125,901	-7,935	-5,154	603,112

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jan 2023	Jan 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	252,642	250,977	267,087	287,936	244,344	383,164	337,123	317,936	502,012	465,298	222,159	259,813	265,641	274,810
Intangible Assets	14,347	0	0	20,833	70,833	136,293	63,170	157,163	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	3,546	3,546	3,546	1,000	1,000	1,000	1,000	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	266,989	250,977	267,087	308,769	315,177	523,003	403,839	478,645	503,012	466,298	223,159	260,813	265,641	274,810
Stock & work in progress	1,075,249	957,893	1,160,641	1,198,114	948,738	966,163	485,688	873,280	492,300	358,253	243,509	249,485	137,361	180,002
Trade Debtors	92,519	206,614	83,159	99,292	172,164	148,189	804,928	624,295	909,359	782,551	808,079	934,930	685,354	616,577
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	1,543,542	1,823,221	2,019,733	1,809,268	1,511,064	863,212	215,520	105,108	0	0	0	0	17,285	0
Cash	150,480	118,817	109,780	92,626	79,750	175,963	168,050	3,685	96,986	105,056	156,649	199,324	437,075	357,420
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,861,790	3,106,545	3,373,313	3,199,300	2,711,716	2,153,527	1,674,186	1,606,368	1,498,645	1,245,860	1,208,237	1,383,739	1,277,075	1,153,999
total assets	3,128,779	3,357,522	3,640,400	3,508,069	3,026,893	2,676,530	2,078,025	2,085,013	2,001,657	1,712,158	1,431,396	1,644,552	1,542,716	1,428,809
Bank overdraft	0	28	1,747	0	0	0	7,245	79,906	0	0	0	0	0	0
Bank loan	9,890	9,666	9,526	783	0	0	0	0	0	0	0	0	0	0
Trade Creditors	1,221,283	2,310,906	2,059,628	1,368,790	1,153,101	775,788	1,028,919	647,052	1,495,291	1,190,430	1,116,594	1,338,120	1,163,873	932,506
Group/Directors Accounts	0	0	0	15,984	0	0	0	0	0	0	0	0	0	0
other short term finances	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
other current liabilities	12,429,173	9,552,933	8,650,526	6,885,323	4,615,232	3,021,346	995,777	596,450	0	0	0	0	0	0
total current liabilities	13,660,346	11,873,533	10,721,427	8,270,880	5,768,333	3,797,134	2,031,941	1,323,408	1,495,291	1,190,430	1,116,594	1,338,120	1,163,873	932,506
loans	24,132	34,022	39,691	49,217	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
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	26,224	63,081	59,896	100,224
provisions	0	0	0	0	0	0	0	78,200	81,300	79,700	0	0	0	0
total long term liabilities	24,132	34,022	39,691	49,217	0	0	0	78,200	81,300	79,700	26,224	63,081	59,896	100,224
total liabilities	13,684,478	11,907,555	10,761,118	8,320,097	5,768,333	3,797,134	2,031,941	1,401,608	1,576,591	1,270,130	1,142,818	1,401,201	1,223,769	1,032,730
net assets	-10,555,699	-8,550,033	-7,120,718	-4,812,028	-2,741,440	-1,120,604	46,084	683,405	425,066	442,028	288,578	243,351	318,947	396,079
total shareholders funds	-10,555,699	-8,550,033	-7,120,718	-4,812,028	-2,741,440	-1,120,604	46,084	683,405	425,066	442,028	288,578	243,351	318,947	396,079

	Jan 2023	Jan 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	-2,006,686	-1,426,642	-2,305,712	-2,069,149	-1,621,795	-1,167,313	-834,832	325,269	-17,467	193,586	57,846	-77,187	-79,118	544,911
Depreciation	112,177	41,815	73,668	51,927	84,226	94,905	69,698	89,157	99,005	83,412	68,055	69,252	73,964	58,201
Amortisation	2,007	0	20,833	50,000	50,000	84,900	106,253	0	0	0	0	0	0	0
Tax	0	0	0	0	0	0	0	-64,585	0	-40,791	-13,509	0	0	-152,825
Stock	117,356	-202,748	-37,473	249,376	-17,425	480,475	-387,592	380,980	134,047	114,744	-5,976	112,124	-42,641	180,002
Debtors	-393,774	-73,057	194,332	225,332	671,827	-9,047	291,045	-179,956	126,808	-25,528	-126,851	232,291	86,062	616,577
Creditors	-1,089,623	251,278	690,838	215,689	377,313	-253,131	381,867	-848,239	304,861	73,836	-221,526	174,247	231,367	932,506
Accruals and Deferred Income	2,876,240	902,407	1,765,203	2,270,091	1,593,886	2,025,569	399,327	596,450	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	-78,200	-3,100	1,600	79,700	0	0	0	0
Cash flow from operations	170,533	44,663	87,971	43,850	-170,772	313,502	140,660	-106,072	127,144	300,527	23,693	-178,103	182,792	586,214
Investing Activities
capital expenditure	-130,196	-25,705	-52,819	-95,519	70,054	-298,969	-101,145	-62,244	-135,719	-326,551	-30,401	-63,424	-64,795	-333,011
Change in Investments	0	0	0	0	-3,546	0	0	2,546	0	0	0	1,000	0	0
cash flow from investments	-130,196	-25,705	-52,819	-95,519	73,600	-298,969	-101,145	-64,790	-135,719	-326,551	-30,401	-64,424	-64,795	-333,011
Financing Activities
Bank loans	224	140	8,743	783	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	-15,984	15,984	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-9,890	-5,669	-9,526	49,217	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
other long term liabilities	0	0	0	0	0	0	0	0	0	-26,224	-36,857	3,185	-40,328	100,224
share issue	0	0	0	0	0	0	200,020	0	0	0	0	0	0	3,100
interest	1,020	-2,673	-2,978	-1,439	959	625	-2,508	-2,345	505	654	890	1,591	1,986	894
cash flow from financing	-8,646	-8,202	-19,745	64,545	959	625	197,512	-2,345	505	-25,570	-35,967	4,776	-38,342	104,218
cash and cash equivalents
cash	31,663	9,037	17,154	12,876	-96,213	7,913	164,365	-93,301	-8,070	-51,593	-42,675	-237,751	79,655	357,420
overdraft	-28	-1,719	1,747	0	0	-7,245	-72,661	79,906	0	0	0	0	0	0
change in cash	31,691	10,756	15,407	12,876	-96,213	15,158	237,026	-173,207	-8,070	-51,593	-42,675	-237,751	79,655	357,420

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for flag clothing limited. Get real-time insights into flag clothing limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for flag clothing limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in W1S area or any other competitors across 12 key performance metrics.

FLAG CLOTHING LIMITED group structure

Flag Clothing Limited has 2 subsidiary companies.

Ultimate parent company

FLAG CLOTHING LIMITED

02717552

2 subsidiaries

RICHARD JAMES COMMERCE LTD

07675804

RICHARD JAMES SAVILE ROW LIMITED

14011918

FLAG CLOTHING LIMITED Shareholders

mr richard james	35%
s.m. dixon	35%
lutea trustees ltd	25%
toby robert lamb	5%

Flag Clothing Limited currently has 6 directors. The longest serving directors include Mr Sean Dixon (May 1993) and Mr Toby Lamb (Dec 2009).

officer	country	age	start	end	role
Mr Sean Dixon		59 years	May 1993	-	Director
Mr Toby Lamb	England	52 years	Dec 2009	-	Director
Mr Charles Cohen	England	73 years	Mar 2017	-	Director
Mr Charles Cohen	England	73 years	Mar 2017	-	Director
Mr Steven Cherniak	United States	71 years	Dec 2018	-	Director
Mr David Fogel	United States	65 years	Dec 2018	-	Director

P&L

January 2023

turnover

3.3m

-31%

operating profit

-2m

gross margin

49.5%

+3.56%

turnover

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

Balance Sheet

January 2023

net assets

-10.6m

+0.23%

total assets

3.1m

-0.07%

cash

150.5k

+0.27%

net assets

Total assets minus all liabilities

Similar Companies

yepme uk limited

yoot limited

suzy d (mill hill) ltd

4.5

emmally ltd

2.5

goodhood store limited

1.5

company number

02717552

Type

Private limited with Share Capital

industry

47710 - Retail sale of clothing in specialised stores

incorporation date

May 1992

ultimate parent company

None

previous names

N/A

address

13 old burlington, 13 old burlington street, london, W1S 3AS

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 did not find charges/mortgages relating to flag clothing limited.

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.

Click to start generating capital raising & share issue transactions for FLAG CLOTHING LIMITED. This can take several minutes, an email will notify you when this has completed.

flag clothing limited Company Information

flag clothing limited Estimated Valuation

flag clothing limited Estimated Valuation

flag clothing limited Estimated Valuation

Flag Clothing Limited Overview

Flag Clothing Limited Health Check

FLAG CLOTHING LIMITED financials

flag clothing limited Credit Report and Business Information

Flag Clothing Limited Competitor Analysis

flag clothing limited Ownership

flag clothing limited directors

flag clothing limited company details

flag clothing limited Charges & Mortgages

flag clothing limited Capital Raised & Share Issues BETA

flag clothing limited Companies House Filings - See Documents