fuel furnaces limited
fuel furnaces limited Company Information
Company Number
03511737
Next Accounts
Dec 2024
Industry
Repair of machinery
Directors
Shareholders
arnold george hughes
Group Structure
View All
Contact
Registered Address
79 caroline street, birmingham, B3 1UP
Website
furnacespares.comfuel furnaces limited Estimated Valuation
Pomanda estimates the enterprise value of FUEL FURNACES LIMITED at £101.5k based on a Turnover of £260.2k and 0.39x industry multiple (adjusted for size and gross margin).
fuel furnaces limited Estimated Valuation
Pomanda estimates the enterprise value of FUEL FURNACES LIMITED at £0 based on an EBITDA of £-54.4k and a 4.54x industry multiple (adjusted for size and gross margin).
fuel furnaces limited Estimated Valuation
Pomanda estimates the enterprise value of FUEL FURNACES LIMITED at £51.7k based on Net Assets of £12.6k and 4.1x industry multiple (adjusted for liquidity).
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Fuel Furnaces Limited Overview
Fuel Furnaces Limited is a dissolved company that was located in birmingham, B3 1UP with a Companies House number of 03511737. It operated in the repair of machinery sector, SIC Code 33120. Founded in February 1998, it's largest shareholder was arnold george hughes with a 100% stake. The last turnover for Fuel Furnaces Limited was estimated at £260.2k.
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Fuel Furnaces Limited Health Check
Pomanda's financial health check has awarded Fuel Furnaces Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £260.2k, make it smaller than the average company (£840.6k)
- Fuel Furnaces Limited
£840.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (4.8%)
- Fuel Furnaces Limited
4.8% - Industry AVG
Production
with a gross margin of 19.7%, this company has a higher cost of product (36.9%)
- Fuel Furnaces Limited
36.9% - Industry AVG
Profitability
an operating margin of -20.9% make it less profitable than the average company (5.8%)
- Fuel Furnaces Limited
5.8% - Industry AVG
Employees
with 6 employees, this is below the industry average (22)
6 - Fuel Furnaces Limited
22 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)
- Fuel Furnaces Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £43.4k, this is less efficient (£161.8k)
- Fuel Furnaces Limited
£161.8k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (53 days)
- Fuel Furnaces Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 97 days, this is slower than average (57 days)
- Fuel Furnaces Limited
57 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fuel Furnaces Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fuel Furnaces Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.4%, this is a higher level of debt than the average (57.4%)
83.4% - Fuel Furnaces Limited
57.4% - Industry AVG
FUEL FURNACES LIMITED financials
Fuel Furnaces Limited's latest turnover from October 2019 is estimated at £260.2 thousand and the company has net assets of £12.6 thousand. According to their latest financial statements, Fuel Furnaces Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 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 | 6 | 6 | 6 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 34,967 | 41,655 | 50,615 | 11,508 | 13,427 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 34,967 | 41,655 | 50,615 | 11,508 | 13,427 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 38,566 | 98,634 | 109,476 | 24,689 | 61,475 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 937 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 2,248 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 40,814 | 98,634 | 109,476 | 24,689 | 62,412 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 75,781 | 140,289 | 160,091 | 36,197 | 75,839 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 56,133 | 70,084 | 98,869 | 64,840 | 76,464 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 56,133 | 70,084 | 98,869 | 64,840 | 76,464 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 7,033 | 3,200 | 6,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 7,033 | 3,200 | 6,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 63,166 | 73,284 | 105,269 | 64,840 | 76,464 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 12,615 | 67,005 | 54,822 | -28,643 | -625 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 12,615 | 67,005 | 54,822 | -28,643 | -625 | 0 | 0 | 0 | 0 | 0 | 0 |
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 1,250 | ||||||||||
| Amortisation | 0 | ||||||||||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -60,068 | -10,842 | 84,787 | -36,786 | 61,475 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -13,951 | -28,785 | 34,029 | -11,624 | 76,464 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,833 | -3,200 | 6,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | -937 | 937 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -937 | 937 | 0 | 0 | 0 | 0 | 0 | 0 |
fuel furnaces limited Credit Report and Business Information
Fuel Furnaces Limited Competitor Analysis
Perform a competitor analysis for fuel furnaces limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in B 3 area or any other competitors across 12 key performance metrics.
fuel furnaces limited Ownership
FUEL FURNACES LIMITED group structure
Fuel Furnaces Limited has no subsidiary companies.
Ultimate parent company
FUEL FURNACES LIMITED
03511737
fuel furnaces limited directors
Fuel Furnaces Limited currently has 1 director, Mr Arnold Hughes serving since Jun 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arnold Hughes | 74 years | Jun 2015 | - | Director |
P&L
October 2019turnover
260.2k
-35%
operating profit
-54.4k
0%
gross margin
19.7%
+1.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2019net assets
12.6k
-0.81%
total assets
75.8k
-0.46%
cash
0
0%
net assets
Total assets minus all liabilities
fuel furnaces limited company details
company number
03511737
Type
Private limited with Share Capital
industry
33120 - Repair of machinery
incorporation date
February 1998
age
26
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2019
previous names
N/A
accountant
-
auditor
-
address
79 caroline street, birmingham, B3 1UP
Bank
-
Legal Advisor
-
fuel furnaces 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 fuel furnaces limited.
fuel furnaces limited Companies House Filings - See Documents
| date | description | view/download |
|---|
