Pomanda estimates the enterprise value of FLAG CLOTHING LIMITED at £1.6m based on a Turnover of £4.1m and 0.38x industry multiple (adjusted for size and gross margin).
flag clothing limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FLAG CLOTHING LIMITED at £0 based on an EBITDA of £-3.1m and a 3.78x industry multiple (adjusted for size and gross margin).
flag clothing limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FLAG CLOTHING LIMITED at £0 based on Net Assets of £-13.7m and 2.15x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Flag Clothing LimitedOverview
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
s.m. dixon
with a 35% stake. Flag Clothing Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£4.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Flag Clothing Limited a 2.5 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 Rating2.5out of 5
2 Strong
3 Regular
7 Weak
Size
annual sales of £4.1m, make it smaller than the average company (£12.4m)
£4.1m - Flag Clothing Limited
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (11.8%)
8% - Flag Clothing Limited
11.8% - Industry AVG
Production
with a gross margin of 49.6%, this company has a comparable cost of product (49.6%)
49.6% - Flag Clothing Limited
49.6% - Industry AVG
Profitability
an operating margin of -75% make it less profitable than the average company (4.6%)
-75% - Flag Clothing Limited
4.6% - Industry AVG
Employees
with 22 employees, this is below the industry average (70)
22 - Flag Clothing Limited
70 - Industry AVG
Pay Structure
on an average salary of £27.9k, the company has an equivalent pay structure (£27.9k)
£27.9k - Flag Clothing Limited
£27.9k - Industry AVG
Efficiency
resulting in sales per employee of £188.5k, this is more efficient (£151.1k)
£188.5k - Flag Clothing Limited
£151.1k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is near the average (11 days)
12 days - Flag Clothing Limited
11 days - Industry AVG
Creditor Days
its suppliers are paid after 251 days, this is slower than average (38 days)
251 days - Flag Clothing Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 210 days, this is more than average (139 days)
210 days - Flag Clothing Limited
139 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Flag Clothing Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 404.3%, this is a higher level of debt than the average (70.6%)
404.3% - Flag Clothing Limited
70.6% - Industry AVG
FLAG CLOTHING LIMITED financials
EXPORT
Flag Clothing Limited's latest turnover from January 2024 is estimated at £4.1 million and the company has net assets of -£13.7 million. According to their latest financial statements, Flag Clothing Limited has 22 employees and maintains cash reserves of £77.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
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
4,146,630
3,287,183
4,729,748
3,276,035
4,014,127
3,806,356
3,390,859
7,620,726
6,468,326
12,286,366
10,290,224
11,845,365
12,408,049
11,326,300
8,888,688
Other Income Or Grants
Cost Of Sales
2,090,872
1,664,964
2,457,315
1,701,987
2,019,105
1,978,409
1,708,570
4,010,498
3,305,050
6,410,664
5,379,869
6,219,584
6,439,468
6,008,236
4,696,471
Gross Profit
2,055,758
1,622,219
2,272,433
1,574,048
1,995,022
1,827,948
1,682,289
3,610,228
3,163,276
5,875,702
4,910,355
5,625,781
5,968,581
5,318,065
4,192,216
Admin Expenses
5,167,431
3,628,905
3,699,075
3,879,760
4,064,171
3,449,743
2,849,602
4,445,060
2,838,007
5,893,169
4,716,769
5,567,935
6,045,768
5,397,183
3,647,305
Operating Profit
-3,111,673
-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
3,270
3,693
2,959
3,079
1,525
235
2,723
2,597
Interest Receivable
5,988
4,713
286
101
86
959
860
215
252
505
654
890
1,591
1,986
894
Pre-Tax Profit
-3,108,955
-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
-64,585
-40,791
-13,509
-152,825
Profit After Tax
-3,108,955
-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
Retained Profit
-3,108,955
-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
613,500
613,682
569,041
481,169
575,656
563,611
545,698
548,417
589,290
2,199,461
1,953,867
2,378,377
2,348,612
2,056,852
1,672,620
Number Of Employees
22
24
24
21
25
26
26
28
30
114
101
128
129
114
97
EBITDA*
-3,052,842
-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 2024
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
110,962
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
39,201
14,347
20,833
70,833
136,293
63,170
157,163
Investments & Other
3,546
3,546
3,546
1,000
1,000
1,000
1,000
Debtors (Due After 1 year)
Total Fixed Assets
150,163
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
1,206,884
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
144,615
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
Misc Debtors
2,910,493
1,543,542
1,823,221
2,019,733
1,809,268
1,511,064
863,212
215,520
105,108
17,285
Cash
77,636
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
total current assets
4,339,628
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
4,489,791
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
28
1,747
7,245
79,906
Bank loan
10,162
9,890
9,666
9,526
783
Trade Creditors
1,441,174
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
15,984
other short term finances
hp & lease commitments
other current liabilities
16,689,160
12,429,173
9,552,933
8,650,526
6,885,323
4,615,232
3,021,346
995,777
596,450
total current liabilities
18,140,496
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
13,949
24,132
34,022
39,691
49,217
hp & lease commitments
Accruals and Deferred Income
other liabilities
26,224
63,081
59,896
100,224
provisions
78,200
81,300
79,700
total long term liabilities
13,949
24,132
34,022
39,691
49,217
78,200
81,300
79,700
26,224
63,081
59,896
100,224
total liabilities
18,154,445
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
-13,664,654
-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
-13,664,654
-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 2024
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
-3,111,673
-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
46,651
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
12,180
2,007
20,833
50,000
50,000
84,900
106,253
Tax
-64,585
-40,791
-13,509
-152,825
Stock
131,635
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
1,419,047
-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
219,891
-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
4,259,987
2,876,240
902,407
1,765,203
2,270,091
1,593,886
2,025,569
399,327
596,450
Deferred Taxes & Provisions
-78,200
-3,100
1,600
79,700
Cash flow from operations
-123,646
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
57,995
-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
-3,546
2,546
1,000
cash flow from investments
57,995
-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
272
224
140
8,743
783
Group/Directors Accounts
-15,984
15,984
Other Short Term Loans
Long term loans
-10,183
-9,890
-5,669
-9,526
49,217
Hire Purchase and Lease Commitments
other long term liabilities
-26,224
-36,857
3,185
-40,328
100,224
share issue
200,020
3,100
interest
2,718
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
-7,193
-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
-72,844
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
-7,245
-72,661
79,906
change in cash
-72,844
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
flag clothing limited 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 flag clothing limited. Get real-time insights into flag clothing limited's credit score, group structure and payment trends.
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.
47710 - Retail sale of clothing in specialised stores
incorporation date
May 1992
age
33
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
13 old burlington, 13 old burlington street, london, W1S 3AS
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
flag clothing 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 did not find charges/mortgages relating to flag clothing limited.
flag clothing 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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flag clothing limitedCompanies House Filings - See Documents
