framexpress limited
framexpress limited Company Information
Company Number
03576457
Website
www.framexpress.co.ukRegistered Address
unit a1 haybrook industrial, estate halesfield 9, telford, shropshire, TF9 4QW
Industry
Manufacture of cutlery
Telephone
441952581100
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
mr stuart green 50%
mr mark westbrook 50%
framexpress limited Estimated Valuation
The estimated valuation range for framexpress limited, derived from financial data as of June 2023 and the most recent industry multiples, is between £4.5m to £9.6m
framexpress limited Estimated Valuation
The estimated valuation range for framexpress limited, derived from financial data as of June 2023 and the most recent industry multiples, is between £4.5m to £9.6m
framexpress limited Estimated Valuation
The estimated valuation range for framexpress limited, derived from financial data as of June 2023 and the most recent industry multiples, is between £4.5m to £9.6m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Framexpress Limited AI Business Plan
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Framexpress Limited Overview
Framexpress Limited is a live company located in telford, TF9 4QW with a Companies House number of 03576457. It operates in the manufacture of cutlery sector, SIC Code 25710. Founded in June 1998, it's largest shareholder is mr stuart green with a 50% stake. Framexpress Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19.7m with rapid growth in recent years.
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Framexpress Limited Health Check
Pomanda's financial health check has awarded Framexpress Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 0 areas for improvement. Company Health Check FAQs
4 Strong
8 Regular
0 Weak
Size
annual sales of £19.7m, make it in line with the average company (£17.7m)
£19.7m - Framexpress Limited
£17.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (13.2%)
- Framexpress Limited
13.2% - Industry AVG
Production
with a gross margin of 22.1%, this company has a comparable cost of product (22.1%)
22.1% - Framexpress Limited
22.1% - Industry AVG
Profitability
an operating margin of 7.3% make it as profitable than the average company (8.5%)
7.3% - Framexpress Limited
8.5% - Industry AVG
Employees
with 119 employees, this is above the industry average (72)
119 - Framexpress Limited
72 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
£32.3k - Framexpress Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £165.1k, this is equally as efficient (£155.1k)
£165.1k - Framexpress Limited
£155.1k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is near the average (66 days)
66 days - Framexpress Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (44 days)
78 days - Framexpress Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is less than average (84 days)
19 days - Framexpress Limited
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (17 weeks)
16 weeks - Framexpress Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69%, this is a similar level of debt than the average (69%)
69% - Framexpress Limited
69% - Industry AVG
framexpress limited Credit Report and Business Information
Framexpress Limited Competitor Analysis
Perform a competitor analysis for framexpress limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
framexpress limited Ownership
FRAMEXPRESS LIMITED group structure
Framexpress Limited has no subsidiary companies.
Ultimate parent company
FRAMEXPRESS LIMITED
03576457
framexpress limited directors
Framexpress Limited currently has 2 directors. The longest serving directors include Mr Stuart Green (Jun 1998) and Mr Mark Westbrook (Jun 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Green | United Kingdom | 57 years | Jun 1998 | - | Director |
| Mr Mark Westbrook | United Kingdom | 60 years | Jun 1998 | - | Director |
FRAMEXPRESS LIMITED financials
Framexpress Limited's latest turnover from June 2023 is £19.7 million and the company has net assets of £2.3 million. According to their latest financial statements, Framexpress Limited has 119 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,651,926 | 17,682,680 | 13,593,234 | 11,676,460 | 7,537,294 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 15,308,550 | 13,771,276 | 10,716,390 | |||||||||||
| Gross Profit | 4,343,376 | 3,911,404 | 2,876,844 | |||||||||||
| Admin Expenses | 2,909,336 | 2,403,850 | 1,939,589 | |||||||||||
| Operating Profit | 1,434,040 | 1,507,554 | 937,255 | 608,442 | 447,457 | |||||||||
| Interest Payable | 29,461 | 28,264 | 16,500 | 27,885 | 10,242 | |||||||||
| Interest Receivable | 0 | 0 | 2,250 | 735 | 152 | |||||||||
| Pre-Tax Profit | 1,404,579 | 1,479,290 | 923,005 | 581,292 | 437,367 | |||||||||
| Tax | -303,302 | -300,765 | -177,986 | -126,515 | -90,120 | |||||||||
| Profit After Tax | 1,101,277 | 1,178,525 | 745,019 | 454,777 | 347,247 | |||||||||
| Dividends Paid | 593,232 | 800,000 | 380,000 | 500,602 | 180,629 | |||||||||
| Retained Profit | 508,045 | 378,525 | 365,019 | -45,825 | 166,618 | |||||||||
| Employee Costs | 3,849,349 | 3,420,560 | 2,733,529 | 2,219,923 | 1,360,894 | |||||||||
| Number Of Employees | 119 | 114 | 113 | 81 | 79 | 74 | 76 | 77 | 73 | 68 | ||||
| EBITDA* | 1,772,056 | 1,811,248 | 1,174,881 | 907,039 | 544,997 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,252,540 | 1,203,200 | 797,269 | 511,400 | 624,828 | 641,306 | 706,988 | 586,903 | 677,539 | 930,069 | 352,402 | 420,508 | 476,868 | 537,950 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 56,000 | 56,000 | 141,996 | 141,996 | 170,996 | 85,996 | 85,996 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,252,540 | 1,203,200 | 853,269 | 567,400 | 766,824 | 783,302 | 877,984 | 672,899 | 763,535 | 930,069 | 352,402 | 420,508 | 476,868 | 537,950 |
| Stock & work in progress | 809,368 | 907,649 | 654,421 | 624,786 | 686,239 | 504,736 | 385,299 | 295,920 | 212,949 | 351,536 | 218,536 | 218,536 | 220,000 | 112,000 |
| Trade Debtors | 3,573,662 | 3,274,647 | 2,931,442 | 1,594,154 | 2,103,352 | 2,152,914 | 1,805,109 | 1,691,159 | 1,622,436 | 1,670,436 | 1,606,390 | 1,339,872 | 1,327,051 | 1,124,752 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 214,162 | 160,995 | 223,888 | 344,607 | 151,463 | 223,378 | 270,541 | 431,539 | 405,966 | 73,757 | 0 | 0 | 0 | 0 |
| Cash | 1,411,509 | 503,565 | 713,966 | 247,488 | 207,066 | 203 | 14,838 | 43,119 | 178,192 | 339,745 | 222,695 | 251,485 | 292,341 | 216,731 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,008,701 | 4,846,856 | 4,523,717 | 2,811,035 | 3,148,120 | 2,881,231 | 2,475,787 | 2,461,737 | 2,419,543 | 2,435,474 | 2,047,621 | 1,809,893 | 1,839,392 | 1,453,483 |
| total assets | 7,261,241 | 6,050,056 | 5,376,986 | 3,378,435 | 3,914,944 | 3,664,533 | 3,353,771 | 3,134,636 | 3,183,078 | 3,365,543 | 2,400,023 | 2,230,401 | 2,316,260 | 1,991,433 |
| Bank overdraft | 0 | 0 | 0 | 6,378 | 432,132 | 41,615 | 0 | 0 | 6,221 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,004 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,274,645 | 2,843,533 | 2,322,034 | 1,112,872 | 2,079,758 | 1,945,961 | 1,212,852 | 1,222,597 | 879,562 | 1,178,286 | 1,144,001 | 1,009,528 | 1,100,785 | 912,068 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| hp & lease commitments | 153,776 | 118,983 | 170,952 | 115,782 | 98,108 | 129,180 | 196,734 | 144,871 | 138,183 | 121,577 | 0 | 0 | 0 | 0 |
| other current liabilities | 955,282 | 700,425 | 657,851 | 245,422 | 115,630 | 252,468 | 324,439 | 160,963 | 252,196 | 164,389 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,383,703 | 3,662,941 | 3,150,837 | 1,480,454 | 2,725,628 | 2,369,224 | 1,734,025 | 1,528,431 | 1,276,162 | 1,475,256 | 1,144,001 | 1,009,528 | 1,100,785 | 912,068 |
| loans | 0 | 0 | 0 | 750,000 | 0 | 0 | 0 | 0 | 0 | 11,374 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 322,184 | 163,541 | 263,572 | 142,109 | 173,670 | 166,986 | 254,840 | 202,044 | 282,418 | 420,428 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 287,500 | 437,500 | 587,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,444 | 50,318 | 91,971 | 72,792 |
| provisions | 15,030 | 41,295 | 8,823 | 4,637 | 24,224 | 25,253 | 40,280 | 54,445 | 62,440 | 72,494 | 11,205 | 12,802 | 14,997 | 15,927 |
| total long term liabilities | 624,714 | 642,336 | 859,895 | 896,746 | 197,894 | 192,239 | 295,120 | 256,489 | 344,858 | 504,296 | 36,649 | 63,120 | 106,968 | 88,719 |
| total liabilities | 5,008,417 | 4,305,277 | 4,010,732 | 2,377,200 | 2,923,522 | 2,561,463 | 2,029,145 | 1,784,920 | 1,621,020 | 1,979,552 | 1,180,650 | 1,072,648 | 1,207,753 | 1,000,787 |
| net assets | 2,252,824 | 1,744,779 | 1,366,254 | 1,001,235 | 991,422 | 1,103,070 | 1,324,626 | 1,349,716 | 1,562,058 | 1,385,991 | 1,219,373 | 1,157,753 | 1,108,507 | 990,646 |
| total shareholders funds | 2,252,824 | 1,744,779 | 1,366,254 | 1,001,235 | 991,422 | 1,103,070 | 1,324,626 | 1,349,716 | 1,562,058 | 1,385,991 | 1,219,373 | 1,157,753 | 1,108,507 | 990,646 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,434,040 | 1,507,554 | 937,255 | 608,442 | 447,457 | |||||||||
| Depreciation | 338,016 | 303,694 | 237,626 | 197,339 | 559 | 184,931 | 171,584 | 298,597 | 97,540 | 91,578 | 105,538 | 121,825 | 134,444 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -303,302 | -300,765 | -177,986 | -126,515 | -90,120 | |||||||||
| Stock | -98,281 | 253,228 | 29,635 | -61,453 | 181,503 | 119,437 | 89,379 | 82,971 | -138,587 | 133,000 | 0 | -1,464 | 108,000 | 112,000 |
| Debtors | 352,182 | 280,312 | 1,216,569 | -316,054 | -121,477 | 300,642 | -47,048 | 94,296 | 284,209 | 137,803 | 266,518 | 12,821 | 202,299 | 1,124,752 |
| Creditors | 431,112 | 521,499 | 1,209,162 | -966,886 | 133,797 | 733,109 | -9,745 | 343,035 | -298,724 | 34,285 | 134,473 | -91,257 | 188,717 | 912,068 |
| Accruals and Deferred Income | 254,857 | 42,574 | 412,429 | 129,792 | -136,838 | -71,971 | 163,476 | -91,233 | 87,807 | 164,389 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -26,265 | 32,472 | 4,186 | -19,587 | -1,029 | -15,027 | -14,165 | -7,995 | -10,054 | 61,289 | -1,597 | -2,195 | -930 | 15,927 |
| Cash flow from operations | 1,874,557 | 1,573,488 | 1,376,468 | 413,931 | 444,037 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | -123,317 | -686,684 | |||||||||
| Change in Investments | 0 | -56,000 | 0 | -85,996 | 0 | -29,000 | 85,000 | 0 | 85,996 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 56,000 | 0 | -209,313 | -686,684 | |||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11,004 | 11,004 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -750,000 | 750,000 | 0 | 0 | 0 | 0 | -11,374 | 11,374 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 193,436 | -152,000 | 176,633 | -13,887 | -24,388 | -155,408 | 104,659 | -73,686 | -121,404 | 542,005 | 0 | 0 | 0 | 0 |
| other long term liabilities | -150,000 | -150,000 | 587,500 | 0 | 0 | 0 | 0 | 0 | 0 | -25,444 | -24,874 | -41,653 | 19,179 | 72,792 |
| share issue | ||||||||||||||
| interest | -29,461 | -28,264 | -14,250 | -27,150 | -10,090 | |||||||||
| cash flow from financing | 13,975 | -330,264 | -117 | 50,960 | 528,849 | |||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 907,944 | -210,401 | 466,478 | 40,422 | 206,863 | -14,635 | -28,281 | -135,073 | -161,553 | 117,050 | -28,790 | -40,856 | 75,610 | 216,731 |
| overdraft | 0 | 0 | -6,378 | -425,754 | 390,517 | 41,615 | 0 | -6,221 | 6,221 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 907,944 | -210,401 | 472,856 | 466,176 | -183,654 | -56,250 | -28,281 | -128,852 | -167,774 | 117,050 | -28,790 | -40,856 | 75,610 | 216,731 |
P&L
June 2023turnover
19.7m
+11%
operating profit
1.4m
-5%
gross margin
22.2%
-0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2.3m
+0.29%
total assets
7.3m
+0.2%
cash
1.4m
+1.8%
net assets
Total assets minus all liabilities
framexpress limited company details
company number
03576457
Type
Private limited with Share Capital
industry
25710 - Manufacture of cutlery
incorporation date
June 1998
age
26
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
unit a1 haybrook industrial, estate halesfield 9, telford, shropshire, TF9 4QW
last accounts submitted
June 2023
framexpress 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 4 charges/mortgages relating to framexpress limited. Currently there are 2 open charges and 2 have been satisfied in the past.
framexpress limited Companies House Filings - See Documents
| date | description | view/download |
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