fairfield displays and lighting ltd.

Live (In Liquidation)MatureSmallDeclining

fairfield displays and lighting ltd. Company Information

Share FAIRFIELD DISPLAYS AND LIGHTING LTD.

Company Number

02768935

Shareholders

mrs janice fairfield

g.d. fairfield

Group Structure

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Industry

Manufacture of office and shop furniture

 

Registered Address

gable house, 239 regents park road, london, N3 3LF

fairfield displays and lighting ltd. Estimated Valuation

£783.5k

Pomanda estimates the enterprise value of FAIRFIELD DISPLAYS AND LIGHTING LTD. at £783.5k based on a Turnover of £2.3m and 0.34x industry multiple (adjusted for size and gross margin).

fairfield displays and lighting ltd. Estimated Valuation

£0

Pomanda estimates the enterprise value of FAIRFIELD DISPLAYS AND LIGHTING LTD. at £0 based on an EBITDA of £-32.7k and a 2.91x industry multiple (adjusted for size and gross margin).

fairfield displays and lighting ltd. Estimated Valuation

£585.5k

Pomanda estimates the enterprise value of FAIRFIELD DISPLAYS AND LIGHTING LTD. at £585.5k based on Net Assets of £305.4k and 1.92x industry multiple (adjusted for liquidity).

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Fairfield Displays And Lighting Ltd. Overview

Fairfield Displays And Lighting Ltd. is a live company located in london, N3 3LF with a Companies House number of 02768935. It operates in the manufacture of office and shop furniture sector, SIC Code 31010. Founded in November 1992, it's largest shareholder is mrs janice fairfield with a 50% stake. Fairfield Displays And Lighting Ltd. is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with declining growth in recent years.

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Fairfield Displays And Lighting Ltd. Health Check

Pomanda's financial health check has awarded Fairfield Displays And Lighting Ltd. a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £2.3m, make it smaller than the average company (£10.8m)

£2.3m - Fairfield Displays And Lighting Ltd.

£10.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.6%)

-3% - Fairfield Displays And Lighting Ltd.

5.6% - Industry AVG

production

Production

with a gross margin of 26.6%, this company has a comparable cost of product (33.1%)

26.6% - Fairfield Displays And Lighting Ltd.

33.1% - Industry AVG

profitability

Profitability

an operating margin of -1.9% make it less profitable than the average company (5.4%)

-1.9% - Fairfield Displays And Lighting Ltd.

5.4% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (73)

11 - Fairfield Displays And Lighting Ltd.

73 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)

£33.7k - Fairfield Displays And Lighting Ltd.

£33.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £209.8k, this is more efficient (£149.9k)

£209.8k - Fairfield Displays And Lighting Ltd.

£149.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 71 days, this is later than average (57 days)

71 days - Fairfield Displays And Lighting Ltd.

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 149 days, this is slower than average (51 days)

149 days - Fairfield Displays And Lighting Ltd.

51 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 101 days, this is more than average (34 days)

101 days - Fairfield Displays And Lighting Ltd.

34 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)

0 weeks - Fairfield Displays And Lighting Ltd.

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 80.6%, this is a higher level of debt than the average (65.2%)

80.6% - Fairfield Displays And Lighting Ltd.

65.2% - Industry AVG

FAIRFIELD DISPLAYS AND LIGHTING LTD. financials

EXPORTms excel logo

Fairfield Displays And Lighting Ltd.'s latest turnover from December 2015 is estimated at £2.3 million and the company has net assets of £305.4 thousand. According to their latest financial statements, we estimate that Fairfield Displays And Lighting Ltd. has 11 employees and maintains cash reserves of £16.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover2,307,7783,200,4992,391,9452,515,0372,355,9832,593,5930
Other Income Or Grants0000000
Cost Of Sales1,693,2002,462,5431,856,9781,955,2631,869,2311,985,8730
Gross Profit614,577737,956534,967559,774486,752607,7200
Admin Expenses658,377699,991457,584518,889561,719643,831-784,725
Operating Profit-43,80037,96577,38340,885-74,967-36,111784,725
Interest Payable32,27836,37132,86136,50540,74351,44530,231
Interest Receivable13316813811411615793
Pre-Tax Profit-75,9451,76244,6604,493-115,593-87,398754,588
Tax0-370-10,272-1,07800-211,284
Profit After Tax-75,9451,39234,3883,415-115,593-87,398543,303
Dividends Paid0000000
Retained Profit-75,9451,39234,3883,415-115,593-87,398543,303
Employee Costs370,861472,164376,852374,306377,445439,2160
Number Of Employees1115121212140
EBITDA*-32,65064,82497,98044,995-64,992-16,907838,762

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets633,305637,271654,482595,695599,805609,780626,453
Intangible Assets0000000
Investments & Other0000645645645
Debtors (Due After 1 year)0000000
Total Fixed Assets633,305637,271654,482595,695600,450610,425627,098
Stock & work in progress470,764812,623498,056404,502378,350403,631444,131
Trade Debtors451,617542,187489,939536,566577,546630,168839,942
Group Debtors0000000
Misc Debtors0000000
Cash16,77236,53530,63524,43921,04325,54437,296
misc current assets0000000
total current assets939,1531,391,3451,018,630965,507976,9391,059,3431,321,369
total assets1,572,4582,028,6161,673,1121,561,2021,577,3891,669,7681,948,467
Bank overdraft278,773520,140343,523333,604370,260387,039839,757
Bank loan0000000
Trade Creditors 695,786909,993647,106596,182514,361498,792340,928
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities974,5591,430,133990,629929,786884,621885,8311,180,685
loans84,063110,196145,252188,728230,637265,68590,429
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities201,843100,349150,00097,111119,33459,222132,050
provisions6,5816,5817,2660000
total long term liabilities292,487217,126302,518285,839349,971324,907222,479
total liabilities1,267,0461,647,2591,293,1471,215,6251,234,5921,210,7381,403,164
net assets305,412381,357379,965345,577342,797459,030545,303
total shareholders funds305,412381,357379,965345,577342,797459,030545,303
Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-43,80037,96577,38340,885-74,967-36,111784,725
Depreciation11,15026,85920,5974,1109,97519,20454,037
Amortisation0000000
Tax0-370-10,272-1,07800-211,284
Stock-341,859314,56793,55426,152-25,281-40,500444,131
Debtors-90,57052,248-46,627-40,980-52,622-209,774839,942
Creditors-214,207262,88750,92481,82115,569157,864340,928
Accruals and Deferred Income0000000
Deferred Taxes & Provisions0-6857,2660000
Cash flow from operations185,572-40,15998,971140,56628,480391,231-315,667
Investing Activities
capital expenditure-7,184-9,648-79,38400-2,531-680,490
Change in Investments000-64500645
cash flow from investments-7,184-9,648-79,3846450-2,531-681,135
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans-26,133-35,056-43,476-41,909-35,048175,25690,429
Hire Purchase and Lease Commitments0000000
other long term liabilities101,494-49,65152,889-22,22360,112-72,828132,050
share issue000-635-6401,1252,000
interest-32,145-36,203-32,723-36,391-40,627-51,288-30,138
cash flow from financing43,216-120,910-23,310-101,158-16,20352,265194,341
cash and cash equivalents
cash-19,7635,9006,1963,396-4,501-11,75237,296
overdraft-241,367176,6179,919-36,656-16,779-452,718839,757
change in cash221,604-170,717-3,72340,05212,278440,966-802,461

fairfield displays and lighting ltd. Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Fairfield Displays And Lighting Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fairfield displays and lighting ltd. by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in N 3 area or any other competitors across 12 key performance metrics.

fairfield displays and lighting ltd. Ownership

FAIRFIELD DISPLAYS AND LIGHTING LTD. group structure

Fairfield Displays And Lighting Ltd. has no subsidiary companies.

Ultimate parent company

FAIRFIELD DISPLAYS AND LIGHTING LTD.

02768935

FAIRFIELD DISPLAYS AND LIGHTING LTD. Shareholders

mrs janice fairfield 50%
g.d. fairfield 50%

fairfield displays and lighting ltd. directors

Fairfield Displays And Lighting Ltd. currently has 2 directors. The longest serving directors include Ms Janice Fairfield (Jan 1993) and Mr Geoffrey Fairfield (Jan 1993).

officercountryagestartendrole
Ms Janice Fairfield68 years Jan 1993- Director
Mr Geoffrey Fairfield76 years Jan 1993- Director

P&L

December 2015

turnover

2.3m

-28%

operating profit

-43.8k

0%

gross margin

26.7%

+15.5%

turnover

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

Balance Sheet

December 2015

net assets

305.4k

-0.2%

total assets

1.6m

-0.22%

cash

16.8k

-0.54%

net assets

Total assets minus all liabilities

fairfield displays and lighting ltd. company details

company number

02768935

Type

Private limited with Share Capital

industry

31010 - Manufacture of office and shop furniture

incorporation date

November 1992

age

33

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Small

last accounts submitted

December 2015

previous names

premwave services limited (January 1993)

accountant

-

auditor

-

address

gable house, 239 regents park road, london, N3 3LF

Bank

-

Legal Advisor

-

fairfield displays and lighting 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 7 charges/mortgages relating to fairfield displays and lighting ltd.. Currently there are 7 open charges and 0 have been satisfied in the past.

fairfield displays and lighting 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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fairfield displays and lighting ltd. Companies House Filings - See Documents

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