fairglow limited
fairglow limited Company Information
Company Number
02924989
Next Accounts
Dec 2025
Directors
Shareholders
indravadin amershi
bhanumati amershi
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
192b havant road, drayton, portsmouth, hants po36 3eh, PO6 2EH
Website
-fairglow limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRGLOW LIMITED at £1.7m based on a Turnover of £688.5k and 2.52x industry multiple (adjusted for size and gross margin).
fairglow limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRGLOW LIMITED at £426.4k based on an EBITDA of £86.5k and a 4.93x industry multiple (adjusted for size and gross margin).
fairglow limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRGLOW LIMITED at £2.3m based on Net Assets of £1.3m and 1.75x industry multiple (adjusted for liquidity).
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Fairglow Limited Overview
Fairglow Limited is a live company located in portsmouth, PO6 2EH with a Companies House number of 02924989. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 1994, it's largest shareholder is indravadin amershi with a 75% stake. Fairglow Limited is a mature, small sized company, Pomanda has estimated its turnover at £688.5k with declining growth in recent years.
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Fairglow Limited Health Check
Pomanda's financial health check has awarded Fairglow Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £688.5k, make it smaller than the average company (£921.2k)
- Fairglow Limited
£921.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (4.9%)
- Fairglow Limited
4.9% - Industry AVG
Production
with a gross margin of 34.6%, this company has a higher cost of product (75.3%)
- Fairglow Limited
75.3% - Industry AVG
Profitability
an operating margin of 12.6% make it less profitable than the average company (29.3%)
- Fairglow Limited
29.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Fairglow Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- Fairglow Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £344.3k, this is more efficient (£177.6k)
- Fairglow Limited
£177.6k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (30 days)
- Fairglow Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (38 days)
- Fairglow Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fairglow Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fairglow Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.8%, this is a lower level of debt than the average (64.3%)
29.8% - Fairglow Limited
64.3% - Industry AVG
FAIRGLOW LIMITED financials
Fairglow Limited's latest turnover from March 2024 is estimated at £688.5 thousand and the company has net assets of £1.3 million. According to their latest financial statements, we estimate that Fairglow Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 3 | 3 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,706,088 | 1,703,187 | 1,701,950 | 1,701,950 | 1,701,950 | 1,701,979 | 1,708,979 | 1,719,526 | 1,730,073 | 1,738,670 | 1,749,217 | 1,759,764 | 446,107 | 257,440 | 233,273 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,706,088 | 1,703,187 | 1,701,950 | 1,701,950 | 1,701,950 | 1,701,979 | 1,708,979 | 1,719,526 | 1,730,073 | 1,738,670 | 1,749,217 | 1,759,764 | 446,107 | 257,440 | 233,273 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 165,628 | 163,966 | 187,128 | 239,288 | 200,008 | 8,500 | 13,000 | 10,473 | 50,312 | 47,957 | 22,151 | 46,858 | 91,423 | ||
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,000 | 3,621 | 11,546 | ||||||||||||
| Cash | 51,040 | 31,771 | 47,164 | 70,929 | 70,449 | 29,459 | 36,581 | 60,644 | 88,365 | 41,187 | |||||
| misc current assets | 1 | ||||||||||||||
| total current assets | 165,628 | 163,966 | 187,128 | 239,288 | 200,008 | 62,984 | 46,772 | 50,785 | 82,475 | 80,922 | 79,771 | 84,538 | 82,795 | 135,223 | 132,610 |
| total assets | 1,871,716 | 1,867,153 | 1,889,078 | 1,941,238 | 1,901,958 | 1,764,963 | 1,755,751 | 1,770,311 | 1,812,548 | 1,819,592 | 1,828,988 | 1,844,302 | 528,902 | 392,663 | 365,883 |
| Bank overdraft | 31,796 | 31,796 | 31,796 | 38,641 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 91,362 | 87,277 | 110,252 | 182,608 | 161,801 | 120,981 | 117,627 | 84,936 | 258,957 | 243,276 | 216,143 | ||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 85,617 | 88,148 | 89,517 | ||||||||||||
| total current liabilities | 91,362 | 87,277 | 110,252 | 182,608 | 161,801 | 138,024 | 117,413 | 119,944 | 128,158 | 120,981 | 117,627 | 84,936 | 258,957 | 243,276 | 216,143 |
| loans | 459,414 | 496,741 | 532,023 | 427,928 | 459,724 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 2,547 | 2,535 | 2,520 | 2,500 | |||||||||||
| other liabilities | 288,449 | 352,865 | 414,039 | 457,176 | 495,123 | 137,814 | 137,814 | 650,000 | 136,612 | ||||||
| provisions | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 201,000 | ||||
| total long term liabilities | 465,996 | 530,400 | 591,559 | 634,676 | 670,123 | 597,069 | 634,414 | 671,741 | 707,023 | 740,742 | 772,538 | 851,000 | 136,612 | ||
| total liabilities | 557,358 | 617,677 | 701,811 | 817,284 | 831,924 | 735,093 | 751,827 | 791,685 | 835,181 | 861,723 | 890,165 | 935,936 | 395,569 | 243,276 | 216,143 |
| net assets | 1,314,358 | 1,249,476 | 1,187,267 | 1,123,954 | 1,070,034 | 1,029,870 | 1,003,924 | 978,626 | 977,367 | 957,869 | 938,823 | 908,366 | 133,333 | 149,387 | 149,740 |
| total shareholders funds | 1,314,358 | 1,249,476 | 1,187,267 | 1,123,954 | 1,070,034 | 1,029,870 | 1,003,924 | 978,626 | 977,367 | 957,869 | 938,823 | 908,366 | 133,333 | 149,387 | 149,740 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 7,000 | 10,547 | 10,547 | 10,547 | 10,547 | 10,547 | 10,547 | 2,174 | 1,602 | ||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 1,662 | -23,162 | -52,160 | 39,280 | 191,508 | -6,500 | 11,379 | -7,925 | 1,073 | -39,839 | 2,355 | 25,806 | -24,707 | -44,565 | 91,423 |
| Creditors | 4,085 | -22,975 | -72,356 | 20,807 | 161,801 | -120,981 | 3,354 | 32,691 | -174,021 | 15,681 | 27,133 | 216,143 | |||
| Accruals and Deferred Income | 12 | 15 | 20 | 2,500 | -85,617 | -2,531 | -1,369 | 89,517 | |||||||
| Deferred Taxes & Provisions | 175,000 | -175,000 | -26,000 | 201,000 | |||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -459,414 | -37,327 | -35,282 | 104,095 | -31,796 | 459,724 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -64,416 | -61,174 | -43,137 | -37,947 | 495,123 | -137,814 | -512,186 | 513,388 | 136,612 | ||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -51,040 | 19,269 | -15,393 | -23,765 | 480 | 40,990 | -7,122 | -24,063 | -27,721 | 47,178 | 41,187 | ||||
| overdraft | -31,796 | -6,845 | 38,641 | ||||||||||||
| change in cash | -19,244 | 19,269 | -15,393 | -16,920 | -38,161 | 40,990 | -7,122 | -24,063 | -27,721 | 47,178 | 41,187 |
fairglow limited Credit Report and Business Information
Fairglow Limited Competitor Analysis
Perform a competitor analysis for fairglow limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in PO6 area or any other competitors across 12 key performance metrics.
fairglow limited Ownership
FAIRGLOW LIMITED group structure
Fairglow Limited has no subsidiary companies.
Ultimate parent company
FAIRGLOW LIMITED
02924989
fairglow limited directors
Fairglow Limited currently has 1 director, Mr Indravadan Amershi serving since Dec 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Indravadan Amershi | England | 72 years | Dec 2004 | - | Director |
P&L
March 2024turnover
688.5k
+12%
operating profit
86.5k
0%
gross margin
34.7%
+3.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.3m
+0.05%
total assets
1.9m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
fairglow limited company details
company number
02924989
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
May 1994
age
31
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
192b havant road, drayton, portsmouth, hants po36 3eh, PO6 2EH
Bank
-
Legal Advisor
-
fairglow 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 7 charges/mortgages relating to fairglow limited. Currently there are 2 open charges and 5 have been satisfied in the past.
fairglow 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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fairglow limited Companies House Filings - See Documents
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