fastlink data cables limited

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fastlink data cables limited Company Information

Share FASTLINK DATA CABLES LIMITED

Company Number

02846270

Shareholders

richard joynson

claire beazley

Group Structure

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Industry

Manufacture of other electronic and electric wires and cables

 

Registered Address

vicarage court 160 ermin street, swindon, SN3 4NE

fastlink data cables limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of FASTLINK DATA CABLES LIMITED at £1.2m based on a Turnover of £2.6m and 0.47x industry multiple (adjusted for size and gross margin).

fastlink data cables limited Estimated Valuation

£62.5k

Pomanda estimates the enterprise value of FASTLINK DATA CABLES LIMITED at £62.5k based on an EBITDA of £16.5k and a 3.8x industry multiple (adjusted for size and gross margin).

fastlink data cables limited Estimated Valuation

£634.7k

Pomanda estimates the enterprise value of FASTLINK DATA CABLES LIMITED at £634.7k based on Net Assets of £320.6k and 1.98x industry multiple (adjusted for liquidity).

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Fastlink Data Cables Limited Overview

Fastlink Data Cables Limited is a live company located in swindon, SN3 4NE with a Companies House number of 02846270. It operates in the manufacture of other electronic and electric wires and cables sector, SIC Code 27320. Founded in August 1993, it's largest shareholder is richard joynson with a 50% stake. Fastlink Data Cables Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.6m with low growth in recent years.

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Fastlink Data Cables Limited Health Check

Pomanda's financial health check has awarded Fastlink Data Cables Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £2.6m, make it smaller than the average company (£15m)

£2.6m - Fastlink Data Cables Limited

£15m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.8%)

2% - Fastlink Data Cables Limited

4.8% - Industry AVG

production

Production

with a gross margin of 24.6%, this company has a comparable cost of product (24.6%)

24.6% - Fastlink Data Cables Limited

24.6% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (5.6%)

0.1% - Fastlink Data Cables Limited

5.6% - Industry AVG

employees

Employees

with 31 employees, this is below the industry average (70)

31 - Fastlink Data Cables Limited

70 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.1k, the company has an equivalent pay structure (£44.1k)

£44.1k - Fastlink Data Cables Limited

£44.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £84.6k, this is less efficient (£286.6k)

£84.6k - Fastlink Data Cables Limited

£286.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 22 days, this is earlier than average (61 days)

22 days - Fastlink Data Cables Limited

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is quicker than average (29 days)

24 days - Fastlink Data Cables Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 67 days, this is less than average (88 days)

67 days - Fastlink Data Cables Limited

88 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (11 weeks)

18 weeks - Fastlink Data Cables Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.5%, this is a higher level of debt than the average (47.9%)

54.5% - Fastlink Data Cables Limited

47.9% - Industry AVG

FASTLINK DATA CABLES LIMITED financials

EXPORTms excel logo

Fastlink Data Cables Limited's latest turnover from December 2023 is estimated at £2.6 million and the company has net assets of £320.6 thousand. According to their latest financial statements, Fastlink Data Cables Limited has 31 employees and maintains cash reserves of £127.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover2,623,2612,979,4612,648,2862,479,3082,838,2723,829,8573,719,2751,794,3961,314,9731,188,9631,054,4231,257,3951,034,144977,7470
Other Income Or Grants000000000000000
Cost Of Sales1,978,0712,285,1372,042,9741,872,9522,124,9482,927,6372,633,5231,249,420915,732878,799779,756961,418777,026743,4020
Gross Profit645,190694,324605,311606,356713,324902,2211,085,753544,976399,241310,164274,668295,978257,117234,3450
Admin Expenses642,094583,898496,599491,880733,940865,5431,163,513493,126394,690349,508272,769241,401238,745235,941-218,950
Operating Profit3,096110,426108,712114,476-20,61636,678-77,76051,8504,551-39,3441,89954,57718,372-1,596218,950
Interest Payable13,46816,68714,91618,69227,40132,06616,0571,1944389621,4521,9411,08700
Interest Receivable7,7193,385781972227159135117223244374266
Pre-Tax Profit-2,65397,12393,87495,802-48,0114,615-93,81550,6844,273-40,17156452,85917,530-1,222219,217
Tax0-18,453-17,836-18,2020-8770-10,137-8540-130-12,686-4,5580-61,381
Profit After Tax-2,65378,67076,03877,600-48,0113,738-93,81540,5473,418-40,17143440,17312,972-1,222157,836
Dividends Paid000000000000000
Retained Profit-2,65378,67076,03877,600-48,0113,738-93,81540,5473,418-40,17143440,17312,972-1,222157,836
Employee Costs1,367,6811,395,4541,350,7091,379,2521,546,8211,868,9282,187,549449,636309,144292,206228,579283,502239,879232,5330
Number Of Employees31333434384857139979880
EBITDA*16,456122,685118,656118,663-15,03547,218-77,76084,22633,955-13,79330,30077,62435,3718,062224,579

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets18,39825,79829,441190,633200,844209,887206,772217,321194,407187,679153,036153,890145,019133,7409,971
Intangible Assets003905206949251,2401,5551,791314629944000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets18,39825,79829,831191,153201,538210,812208,012218,876196,198187,993153,665154,834145,019133,7409,971
Stock & work in progress364,684368,265368,544428,086408,624390,692345,966329,363206,180143,350128,642129,503101,58971,75171,427
Trade Debtors163,696281,114233,525229,015238,644397,693346,209340,416265,648237,204231,219256,520227,587201,275154,327
Group Debtors000000000000000
Misc Debtors30,17526,555132,36412,65123,82736,83326,32200000000
Cash127,191166,86926,54836,1391,46128334929121,65841,94012,02834,60054,55343,080106,574
misc current assets000000000000000
total current assets685,746842,803760,981705,891672,556825,501718,846670,070493,486422,494371,889420,623383,729316,106332,328
total assets704,144868,601790,812897,044874,0941,036,313926,858888,946689,684610,487525,554575,457528,748449,846342,299
Bank overdraft41,005120,022115,410135,436179,333203,844157,76800000000
Bank loan15,37615,24815,58722,02816,47216,47245,62600000000
Trade Creditors 132,279198,060239,683181,337197,231233,596187,242365,933314,361268,698234,854291,784258,309213,502165,502
Group/Directors Accounts000000000000000
other short term finances006,85926,29324,5570000000000
hp & lease commitments000000000000000
other current liabilities175,293175,517116,536200,994210,748116,72591,38400000000
total current liabilities363,953508,847494,075566,088628,341570,637482,020365,933314,361268,698234,854291,784258,309213,502165,502
loans16,14231,64646,532109,17999,560271,653254,73635,9242,28311,19218,40926,27533,43600
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0000000197,404135,55198,43847,09824,98424,25964,7303,961
provisions3,4954,9015,6683,2785,2945,1134,93010,6989,0497,13707,65528,15800
total long term liabilities19,63736,54752,200112,457104,854276,766259,666244,026146,883116,76765,50758,91485,85364,7303,961
total liabilities383,590545,394546,275678,545733,195847,403741,686609,959461,244385,465300,361350,698344,162278,232169,463
net assets320,554323,207244,537218,499140,899188,910185,172278,987228,440225,022225,193224,759184,586171,614172,836
total shareholders funds320,554323,207244,537218,499140,899188,910185,172278,987228,440225,022225,193224,759184,586171,614172,836
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit3,096110,426108,712114,476-20,61636,678-77,76051,8504,551-39,3441,89954,57718,372-1,596218,950
Depreciation13,36011,8699,8144,0135,35010,225032,14029,03125,23628,08622,73216,9999,6585,629
Amortisation03901301742313150236373315315315000
Tax0-18,453-17,836-18,2020-8770-10,137-8540-130-12,686-4,5580-61,381
Stock-3,581-279-59,54219,46217,93244,72616,603123,18362,83014,708-86127,91429,83832471,427
Debtors-113,798-58,220124,223-20,805-172,05561,99532,11574,76828,4445,985-25,30128,93326,31246,948154,327
Creditors-65,781-41,62358,346-15,894-36,36546,354-178,69151,57245,66333,844-56,93033,47544,80748,000165,502
Accruals and Deferred Income-22458,981-84,458-9,75494,02325,34191,38400000000
Deferred Taxes & Provisions-1,406-7672,390-2,016181183-5,7681,6491,9127,137-7,655-20,50328,15800
Cash flow from operations66,424179,32212,41774,140196,92711,498-219,553-70,641-10,5986,495-8,25321,06347,6288,790102,946
Investing Activities
capital expenditure-5,960-8,226151,3786,1983,693-13,34010,864-55,054-37,609-59,879-27,232-32,862-28,278-133,427-15,600
Change in Investments000000000000000
cash flow from investments-5,960-8,226151,3786,1983,693-13,34010,864-55,054-37,609-59,879-27,232-32,862-28,278-133,427-15,600
Financing Activities
Bank loans128-339-6,4415,5560-29,15445,62600000000
Group/Directors Accounts000000000000000
Other Short Term Loans 0-6,859-19,4341,73624,5570000000000
Long term loans-15,504-14,886-62,6479,619-172,09316,917218,81233,641-8,909-7,217-7,866-7,16133,43600
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000-197,40461,85337,11351,34022,114725-40,47160,7693,961
share issue00-50,000000010,000040,000000015,000
interest-5,749-13,302-14,838-18,673-27,394-32,064-16,055-1,167-279-827-1,335-1,718-843374266
cash flow from financing-21,125-35,386-153,360-1,762-174,930-44,30150,979104,32727,92583,29612,913-8,154-7,87861,14319,227
cash and cash equivalents
cash-39,678140,321-9,59134,6781,178-6658-21,367-20,28229,912-22,572-19,95311,473-63,494106,574
overdraft-79,0174,612-20,026-43,897-24,51146,076157,76800000000
change in cash39,339135,70910,43578,57525,689-46,142-157,710-21,367-20,28229,912-22,572-19,95311,473-63,494106,574

fastlink data cables limited 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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Fastlink Data Cables Limited Competitor Analysis

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Perform a competitor analysis for fastlink data cables limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in SN3 area or any other competitors across 12 key performance metrics.

fastlink data cables limited Ownership

FASTLINK DATA CABLES LIMITED group structure

Fastlink Data Cables Limited has no subsidiary companies.

Ultimate parent company

FASTLINK DATA CABLES LIMITED

02846270

FASTLINK DATA CABLES LIMITED Shareholders

richard joynson 50%
claire beazley 50%

fastlink data cables limited directors

Fastlink Data Cables Limited currently has 3 directors. The longest serving directors include Ms Claire Beazley (Aug 2002) and Mr Richard Joynson (Jul 2016).

officercountryagestartendrole
Ms Claire BeazleyEngland57 years Aug 2002- Director
Mr Richard JoynsonEngland59 years Jul 2016- Director
Mr Derrick LeachUnited Kingdom63 years Aug 2022- Director

P&L

December 2023

turnover

2.6m

-12%

operating profit

3.1k

0%

gross margin

24.6%

+5.54%

turnover

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

Balance Sheet

December 2023

net assets

320.6k

-0.01%

total assets

704.1k

-0.19%

cash

127.2k

-0.24%

net assets

Total assets minus all liabilities

fastlink data cables limited company details

company number

02846270

Type

Private limited with Share Capital

industry

27320 - Manufacture of other electronic and electric wires and cables

incorporation date

August 1993

age

32

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

speed 3759 limited (September 1993)

accountant

REGULATORY ACCOUNTING LIMITED

auditor

-

address

vicarage court 160 ermin street, swindon, SN3 4NE

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

fastlink data cables 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 5 charges/mortgages relating to fastlink data cables limited. Currently there are 2 open charges and 3 have been satisfied in the past.

fastlink data cables 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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fastlink data cables limited Companies House Filings - See Documents

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