fairfield displays and lighting ltd. Company Information
Company Number
02768935
Next Accounts
2679 days late
Shareholders
mrs janice fairfield
g.d. fairfield
Group Structure
View All
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
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
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
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
2 Strong
2 Regular
8 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£10.8m)
- Fairfield Displays And Lighting Ltd.
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.6%)
- Fairfield Displays And Lighting Ltd.
5.6% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (33.1%)
- Fairfield Displays And Lighting Ltd.
33.1% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (5.4%)
- Fairfield Displays And Lighting Ltd.
5.4% - Industry AVG
Employees
with 11 employees, this is below the industry average (73)
- Fairfield Displays And Lighting Ltd.
73 - Industry AVG
Pay Structure
on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)
- Fairfield Displays And Lighting Ltd.
£33.7k - Industry AVG
Efficiency
resulting in sales per employee of £209.8k, this is more efficient (£149.9k)
- Fairfield Displays And Lighting Ltd.
£149.9k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (57 days)
- Fairfield Displays And Lighting Ltd.
57 days - Industry AVG
Creditor Days
its suppliers are paid after 149 days, this is slower than average (51 days)
- Fairfield Displays And Lighting Ltd.
51 days - Industry AVG
Stock Days
it holds stock equivalent to 101 days, this is more than average (34 days)
- Fairfield Displays And Lighting Ltd.
34 days - Industry AVG
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
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
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 House, Pomanda Estimates
Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|
Turnover | |||||||
Other Income Or Grants | |||||||
Cost Of Sales | |||||||
Gross Profit | |||||||
Admin Expenses | |||||||
Operating Profit | |||||||
Interest Payable | |||||||
Interest Receivable | |||||||
Pre-Tax Profit | |||||||
Tax | |||||||
Profit After Tax | |||||||
Dividends Paid | |||||||
Retained Profit | |||||||
Employee Costs | |||||||
Number Of Employees | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 633,305 | 637,271 | 654,482 | 595,695 | 599,805 | 609,780 | 626,453 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 645 | 645 | 645 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 633,305 | 637,271 | 654,482 | 595,695 | 600,450 | 610,425 | 627,098 |
Stock & work in progress | 470,764 | 812,623 | 498,056 | 404,502 | 378,350 | 403,631 | 444,131 |
Trade Debtors | 451,617 | 542,187 | 489,939 | 536,566 | 577,546 | 630,168 | 839,942 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 16,772 | 36,535 | 30,635 | 24,439 | 21,043 | 25,544 | 37,296 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 939,153 | 1,391,345 | 1,018,630 | 965,507 | 976,939 | 1,059,343 | 1,321,369 |
total assets | 1,572,458 | 2,028,616 | 1,673,112 | 1,561,202 | 1,577,389 | 1,669,768 | 1,948,467 |
Bank overdraft | 278,773 | 520,140 | 343,523 | 333,604 | 370,260 | 387,039 | 839,757 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 695,786 | 909,993 | 647,106 | 596,182 | 514,361 | 498,792 | 340,928 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 974,559 | 1,430,133 | 990,629 | 929,786 | 884,621 | 885,831 | 1,180,685 |
loans | 84,063 | 110,196 | 145,252 | 188,728 | 230,637 | 265,685 | 90,429 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 201,843 | 100,349 | 150,000 | 97,111 | 119,334 | 59,222 | 132,050 |
provisions | 6,581 | 6,581 | 7,266 | 0 | 0 | 0 | 0 |
total long term liabilities | 292,487 | 217,126 | 302,518 | 285,839 | 349,971 | 324,907 | 222,479 |
total liabilities | 1,267,046 | 1,647,259 | 1,293,147 | 1,215,625 | 1,234,592 | 1,210,738 | 1,403,164 |
net assets | 305,412 | 381,357 | 379,965 | 345,577 | 342,797 | 459,030 | 545,303 |
total shareholders funds | 305,412 | 381,357 | 379,965 | 345,577 | 342,797 | 459,030 | 545,303 |
Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 11,150 | 26,859 | 20,597 | 4,110 | 9,975 | 19,204 | 54,037 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||
Stock | -341,859 | 314,567 | 93,554 | 26,152 | -25,281 | -40,500 | 444,131 |
Debtors | -90,570 | 52,248 | -46,627 | -40,980 | -52,622 | -209,774 | 839,942 |
Creditors | -214,207 | 262,887 | 50,924 | 81,821 | 15,569 | 157,864 | 340,928 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | -685 | 7,266 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | -645 | 0 | 0 | 645 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -26,133 | -35,056 | -43,476 | -41,909 | -35,048 | 175,256 | 90,429 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 101,494 | -49,651 | 52,889 | -22,223 | 60,112 | -72,828 | 132,050 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | -19,763 | 5,900 | 6,196 | 3,396 | -4,501 | -11,752 | 37,296 |
overdraft | -241,367 | 176,617 | 9,919 | -36,656 | -16,779 | -452,718 | 839,757 |
change in cash | 221,604 | -170,717 | -3,723 | 40,052 | 12,278 | 440,966 | -802,461 |
fairfield displays and lighting ltd. Credit Report and Business Information
Fairfield Displays And Lighting Ltd. Competitor Analysis
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. 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Janice Fairfield | 68 years | Jan 1993 | - | Director | |
Mr Geoffrey Fairfield | 76 years | Jan 1993 | - | Director |
P&L
December 2015turnover
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 2015net 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
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.
Click to start generating capital raising & share issue transactions for FAIRFIELD DISPLAYS AND LIGHTING LTD.. This can take several minutes, an email will notify you when this has completed.
fairfield displays and lighting ltd. Companies House Filings - See Documents
date | description | view/download |
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