fileturn limited
fileturn limited Company Information
Company Number
03604089
Next Accounts
107 days late
Shareholders
fileturn topco limited
fileturn group limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
2nd floor, arcadia house, 15 forlease road, maidenhead, SL6 1RX
Website
www.fileturn.co.ukfileturn limited Estimated Valuation
Pomanda estimates the enterprise value of FILETURN LIMITED at £20.4m based on a Turnover of £31.3m and 0.65x industry multiple (adjusted for size and gross margin).
fileturn limited Estimated Valuation
Pomanda estimates the enterprise value of FILETURN LIMITED at £2.8m based on an EBITDA of £590.6k and a 4.78x industry multiple (adjusted for size and gross margin).
fileturn limited Estimated Valuation
Pomanda estimates the enterprise value of FILETURN LIMITED at £209.3k based on Net Assets of £98.1k and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fileturn Limited Overview
Fileturn Limited is a live company located in maidenhead, SL6 1RX with a Companies House number of 03604089. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 1998, it's largest shareholder is fileturn topco limited with a 85% stake. Fileturn Limited is a mature, large sized company, Pomanda has estimated its turnover at £31.3m with declining growth in recent years.
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Fileturn Limited Health Check
Pomanda's financial health check has awarded Fileturn Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £31.3m, make it larger than the average company (£3.1m)
£31.3m - Fileturn Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (4.1%)
-10% - Fileturn Limited
4.1% - Industry AVG
Production
with a gross margin of 13.3%, this company has a higher cost of product (38.7%)
13.3% - Fileturn Limited
38.7% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (6.5%)
1.8% - Fileturn Limited
6.5% - Industry AVG
Employees
with 32 employees, this is above the industry average (20)
32 - Fileturn Limited
20 - Industry AVG
Pay Structure
on an average salary of £82.8k, the company has a higher pay structure (£44.8k)
£82.8k - Fileturn Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £977.5k, this is more efficient (£141.1k)
£977.5k - Fileturn Limited
£141.1k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (40 days)
54 days - Fileturn Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (34 days)
56 days - Fileturn Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fileturn Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is average cash available to meet short term requirements (27 weeks)
25 weeks - Fileturn Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (60.4%)
99.3% - Fileturn Limited
60.4% - Industry AVG
FILETURN LIMITED financials
Fileturn Limited's latest turnover from March 2023 is £31.3 million and the company has net assets of £98.1 thousand. According to their latest financial statements, Fileturn Limited has 32 employees and maintains cash reserves of £6.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 31,279,246 | 24,006,868 | 19,034,078 | 42,336,616 | 43,447,943 | 47,521,301 | 50,130,674 | 41,417,924 | 33,404,974 | 23,766,020 | 18,727,522 | 16,267,336 | 13,331,974 | 11,406,957 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 27,130,848 | 20,286,657 | 16,407,093 | 37,464,910 | 38,124,928 | 38,607,466 | 40,998,845 | 33,415,223 | 13,704,562 | 9,436,237 | ||||
| Gross Profit | 4,148,398 | 3,720,211 | 2,626,985 | 4,871,706 | 5,323,015 | 8,913,835 | 9,131,829 | 8,002,701 | 2,562,774 | 1,970,720 | ||||
| Admin Expenses | 3,591,475 | 3,256,539 | 3,174,910 | 4,870,667 | 5,288,288 | 5,751,051 | 6,037,159 | 4,741,865 | 2,222,296 | 1,913,006 | ||||
| Operating Profit | 556,923 | 463,672 | -547,925 | 1,039 | 34,727 | 3,162,784 | 3,094,670 | 3,260,836 | 2,799,134 | 1,141,250 | 331,542 | 340,478 | 399,798 | 57,714 |
| Interest Payable | 161,720 | 130,058 | 24,217 | 35,414 | 24,196 | 4,310 | 2,369 | 1,848 | 3,212 | 7,383 | 8,016 | 4,911 | 32,236 | 29,340 |
| Interest Receivable | 20,237 | 236 | 82,865 | 3,000 | 3,000 | 2,313 | 720 | 8,017 | 11,887 | 16,430 | 18,252 | 20,809 | ||
| Pre-Tax Profit | -1,160,313 | 333,850 | -572,142 | 48,490 | 10,531 | 3,161,474 | 3,095,301 | 3,261,301 | 2,796,642 | 1,141,884 | 335,413 | 351,997 | 385,814 | 49,183 |
| Tax | 295,598 | -55,764 | 292,293 | -17,826 | 50,019 | -667,666 | -651,951 | -683,881 | -586,342 | -245,619 | -83,574 | -93,673 | -108,709 | -12,282 |
| Profit After Tax | -864,715 | 278,086 | -279,849 | 30,664 | 60,550 | 2,493,808 | 2,443,350 | 2,577,420 | 2,210,300 | 896,265 | 251,839 | 258,324 | 277,105 | 36,901 |
| Dividends Paid | 160,000 | 54,000 | 2,417,759 | 2,450,550 | 2,510,000 | 2,051,050 | 599,750 | 250,000 | 240,000 | 300,000 | ||||
| Retained Profit | -1,024,715 | 224,086 | -279,849 | 30,664 | 60,550 | 76,049 | -7,200 | 67,420 | 159,250 | 296,515 | 1,839 | 18,324 | 277,105 | -263,099 |
| Employee Costs | 2,649,823 | 2,083,493 | 1,823,018 | 3,754,993 | 3,699,438 | 3,841,727 | 3,675,573 | 3,023,292 | 2,410,493 | 1,699,027 | 1,471,389 | 1,367,624 | 1,373,451 | 1,433,316 |
| Number Of Employees | 32 | 33 | 40 | 63 | 60 | 64 | 62 | 49 | 41 | 30 | 30 | 32 | 31 | 38 |
| EBITDA* | 590,559 | 499,595 | -508,779 | 52,955 | 88,608 | 3,212,569 | 3,137,396 | 3,302,296 | 2,836,789 | 1,141,250 | 331,542 | 340,478 | 399,798 | 57,714 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 28,283 | 48,139 | 62,069 | 87,964 | 122,024 | 140,277 | 138,482 | 128,997 | 115,622 | |||||
| Intangible Assets | 42,612 | 46,312 | 39,737 | 52,988 | 54,358 | 62,128 | ||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 204,731 | |||||||||||||
| Total Fixed Assets | 275,626 | 94,451 | 101,806 | 140,952 | 176,382 | 202,405 | 138,482 | 128,997 | 115,622 | |||||
| Stock & work in progress | 142,285 | 502,720 | 847,814 | 284,041 | 130,152 | 287,184 | ||||||||
| Trade Debtors | 4,650,816 | 5,900,582 | 3,349,660 | 9,766,361 | 12,439,743 | 5,998,953 | 9,640,727 | 7,718,831 | 5,709,145 | 4,242,781 | 5,371,317 | 3,072,023 | 3,162,180 | 1,868,922 |
| Group Debtors | 76,815 | 64,867 | 5,000 | 5,000 | 5,000 | 1,500 | 69,726 | 175,108 | 281,311 | 451,169 | 885,995 | |||
| Misc Debtors | 3,244,252 | 1,184,772 | 2,011,589 | 2,007,070 | 2,216,366 | 1,912,850 | 2,226,946 | 1,775,184 | 618,057 | 547,650 | 377,412 | 153,569 | ||
| Cash | 6,498,473 | 3,362,063 | 8,882,094 | 335,919 | 1,869,805 | 1,597,094 | 2,767,664 | 2,097,136 | 986,587 | 1,589,104 | ||||
| misc current assets | ||||||||||||||
| total current assets | 14,470,356 | 10,512,284 | 14,248,343 | 11,778,431 | 14,997,028 | 9,783,108 | 11,237,821 | 10,486,495 | 10,175,512 | 7,576,998 | 7,012,296 | 5,774,129 | 4,120,913 | 3,195,670 |
| total assets | 14,745,982 | 10,606,735 | 14,350,149 | 11,919,383 | 15,173,410 | 9,985,513 | 11,376,303 | 10,615,492 | 10,291,134 | 7,576,998 | 7,012,296 | 5,774,129 | 4,120,913 | 3,195,670 |
| Bank overdraft | 500,000 | 500,000 | 83,333 | 326,018 | 520,212 | 485,381 | 1,438,127 | |||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 4,225,141 | 3,538,314 | 5,885,459 | 7,304,213 | 11,049,289 | 5,121,355 | 7,109,282 | 6,848,978 | 6,902,079 | 5,347,969 | 4,923,804 | 4,126,670 | 1,991,116 | 1,032,204 |
| Group/Directors Accounts | 4,539,250 | 1,109,868 | 2,014,557 | 830,418 | 215,575 | 151,338 | 50,843 | 37,879 | 71,170 | |||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 3,918,233 | 2,368,250 | 2,916,098 | 2,265,168 | 2,219,185 | 2,549,631 | 2,177,969 | 2,130,090 | 2,436,630 | 1,486,697 | 1,122,463 | 1,203,481 | 1,180,883 | 505,620 |
| total current liabilities | 13,182,624 | 7,516,432 | 10,899,447 | 10,725,817 | 13,268,474 | 7,886,561 | 9,438,589 | 8,979,068 | 9,389,552 | 6,834,666 | 6,566,479 | 5,330,151 | 3,695,259 | 3,047,121 |
| loans | 1,458,334 | 1,958,333 | 2,416,667 | |||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 6,915 | 9,146 | 135,297 | 14,979 | 757,013 | 1,011,579 | 926,390 | 617,900 | ||||||
| total long term liabilities | 1,465,249 | 1,967,479 | 2,551,964 | 14,979 | 757,013 | 1,011,579 | 926,390 | 617,900 | ||||||
| total liabilities | 14,647,873 | 9,483,911 | 13,451,411 | 10,740,796 | 14,025,487 | 8,898,140 | 10,364,979 | 9,596,968 | 9,389,552 | 6,834,666 | 6,566,479 | 5,330,151 | 3,695,259 | 3,047,121 |
| net assets | 98,109 | 1,122,824 | 898,738 | 1,178,587 | 1,147,923 | 1,087,373 | 1,011,324 | 1,018,524 | 901,582 | 742,332 | 445,817 | 443,978 | 425,654 | 148,549 |
| total shareholders funds | 98,109 | 1,122,824 | 898,738 | 1,178,587 | 1,147,923 | 1,087,373 | 1,011,324 | 1,018,524 | 901,582 | 742,332 | 445,817 | 443,978 | 425,654 | 148,549 |
| 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 | 556,923 | 463,672 | -547,925 | 1,039 | 34,727 | 3,162,784 | 3,094,670 | 3,260,836 | 2,799,134 | 1,141,250 | 331,542 | 340,478 | 399,798 | 57,714 |
| Depreciation | 19,856 | 19,768 | 25,895 | 36,576 | 46,111 | 49,785 | 42,726 | 41,460 | 37,655 | |||||
| Amortisation | 13,780 | 16,155 | 13,251 | 15,340 | 7,770 | |||||||||
| Tax | 295,598 | -55,764 | 292,293 | -17,826 | 50,019 | -667,666 | -651,951 | -683,881 | -586,342 | -245,619 | -83,574 | -93,673 | -108,709 | -12,282 |
| Stock | -142,285 | -360,435 | -345,094 | 563,773 | 153,889 | -157,032 | 287,184 | |||||||
| Debtors | 1,026,393 | 1,783,972 | -6,412,182 | -2,882,678 | 6,747,806 | -1,727,424 | 1,921,896 | -217,260 | 1,848,400 | -76,791 | 2,263,498 | -89,777 | 1,082,275 | 2,908,486 |
| Creditors | 686,827 | -2,347,145 | -1,418,754 | -3,745,076 | 5,927,934 | -1,987,927 | 260,304 | -53,101 | 1,554,110 | 424,165 | 797,134 | 2,135,554 | 958,912 | 1,032,204 |
| Accruals and Deferred Income | 1,549,983 | -547,848 | 650,930 | 45,983 | -330,446 | 371,662 | 47,879 | -306,540 | 949,933 | 364,234 | -81,018 | 22,598 | 675,263 | 505,620 |
| Deferred Taxes & Provisions | -2,231 | -126,151 | 120,318 | -742,034 | -254,566 | 85,189 | 308,490 | 617,900 | ||||||
| Cash flow from operations | 2,094,343 | -4,361,285 | 5,548,190 | -1,523,320 | -1,266,257 | 2,741,251 | 1,180,222 | 3,236,219 | 3,266,525 | 2,105,915 | -1,863,187 | 2,340,845 | 1,000,021 | -1,612,414 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 3,429,382 | -904,689 | 1,184,139 | 830,418 | -215,575 | 64,237 | 151,338 | -50,843 | 50,843 | -37,879 | -33,291 | 71,170 | ||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -499,999 | -458,334 | 2,416,667 | |||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -141,483 | -129,822 | -24,217 | 47,451 | -24,196 | -1,310 | 631 | 465 | -2,492 | 634 | 3,871 | 11,519 | -13,984 | -8,531 |
| cash flow from financing | 2,787,900 | -1,492,845 | 3,576,589 | 877,869 | -239,771 | 62,927 | 151,969 | -856 | 48,351 | 634 | 3,871 | -26,360 | -47,275 | 474,287 |
| cash and cash equivalents | ||||||||||||||
| cash | 3,136,410 | -5,520,031 | 8,882,094 | -335,919 | -1,533,886 | 272,711 | -1,170,570 | 670,528 | 1,110,549 | 986,587 | -1,589,104 | 1,589,104 | ||
| overdraft | 416,667 | -242,685 | 326,018 | -520,212 | 520,212 | -485,381 | -952,746 | 1,438,127 | ||||||
| change in cash | 3,136,410 | -5,936,698 | 9,124,779 | -661,937 | -1,533,886 | 272,711 | -1,170,570 | 670,528 | 1,110,549 | 1,506,799 | -2,109,316 | 2,074,485 | 952,746 | -1,438,127 |
fileturn limited Credit Report and Business Information
Fileturn Limited Competitor Analysis
Perform a competitor analysis for fileturn limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in SL6 area or any other competitors across 12 key performance metrics.
fileturn limited Ownership
FILETURN LIMITED group structure
Fileturn Limited has no subsidiary companies.
Ultimate parent company
2 parents
FILETURN LIMITED
03604089
fileturn limited directors
Fileturn Limited currently has 2 directors. The longest serving directors include Mr David Pike (Apr 2018) and Mr Neil Johnson (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Pike | United Kingdom | 42 years | Apr 2018 | - | Director |
| Mr Neil Johnson | United Kingdom | 57 years | May 2019 | - | Director |
P&L
March 2023turnover
31.3m
+30%
operating profit
556.9k
+20%
gross margin
13.3%
-14.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
98.1k
-0.91%
total assets
14.7m
+0.39%
cash
6.5m
+0.93%
net assets
Total assets minus all liabilities
fileturn limited company details
company number
03604089
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 1998
age
27
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
fileturn holdings limited (March 2002)
accountant
-
auditor
THE PARIS PARTNERSHIP LLP
address
2nd floor, arcadia house, 15 forlease road, maidenhead, SL6 1RX
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
fileturn 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 2 charges/mortgages relating to fileturn limited. Currently there are 2 open charges and 0 have been satisfied in the past.
fileturn 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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fileturn limited Companies House Filings - See Documents
| date | description | view/download |
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