Pomanda estimates the enterprise value of FASTHANDS LIMITED at £1.5m based on a Turnover of £3.6m and 0.42x industry multiple (adjusted for size and gross margin).
fasthands limitedEstimated Valuation
£576.5k
Pomanda estimates the enterprise value of FASTHANDS LIMITED at £576.5k based on an EBITDA of £200.5k and a 2.88x industry multiple (adjusted for size and gross margin).
fasthands limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of FASTHANDS LIMITED at £1.2m based on Net Assets of £369.8k and 3.34x industry multiple (adjusted for liquidity).
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Fasthands LimitedOverview
Fasthands Limited is a live company located in nottingham, NG7 2RR with a Companies House number of 03640203. It operates in the binding and related services sector, SIC Code 18140. Founded in September 1998, it's largest shareholder is
dawn griffiths
with a 25% stake. Fasthands Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.6m with
high
growth in recent years.
Pomanda's financial health check has awarded Fasthands Limited a 2 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 Rating2out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£24.3m)
£3.6m - Fasthands Limited
£24.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (4.6%)
20% - Fasthands Limited
4.6% - Industry AVG
Production
with a gross margin of 31.7%, this company has a comparable cost of product (31.7%)
31.7% - Fasthands Limited
31.7% - Industry AVG
Profitability
an operating margin of 5.6% make it less profitable than the average company (9.1%)
5.6% - Fasthands Limited
9.1% - Industry AVG
Employees
with 45 employees, this is below the industry average (90)
45 - Fasthands Limited
90 - Industry AVG
Pay Structure
on an average salary of £56.5k, the company has an equivalent pay structure (£56.5k)
£56.5k - Fasthands Limited
£56.5k - Industry AVG
Efficiency
resulting in sales per employee of £79k, this is less efficient (£184.7k)
£79k - Fasthands Limited
£184.7k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (36 days)
28 days - Fasthands Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (34 days)
6 days - Fasthands Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (17 days)
1 days - Fasthands Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (8 weeks)
1 weeks - Fasthands Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.1%, this is a higher level of debt than the average (53.1%)
72.1% - Fasthands Limited
53.1% - Industry AVG
FASTHANDS LIMITED financials
EXPORT
Fasthands Limited's latest turnover from May 2024 is estimated at £3.6 million and the company has net assets of £369.8 thousand. According to their latest financial statements, Fasthands Limited has 45 employees and maintains cash reserves of £36.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
3,554,615
2,180,024
2,741,028
2,052,177
3,047,681
6,252,370
2,470,281
1,462,936
1,671,508
2,692,365
2,997,966
1,709,646
982,146
1,488,274
1,117,651
Other Income Or Grants
Cost Of Sales
2,429,689
1,362,102
1,655,104
1,104,734
1,411,252
2,511,609
1,522,450
958,642
815,093
1,897,871
1,336,151
752,542
359,188
764,943
469,900
Gross Profit
1,124,927
817,922
1,085,925
947,443
1,636,429
3,740,761
947,831
504,294
856,415
794,494
1,661,816
957,104
622,958
723,330
647,751
Admin Expenses
925,111
757,463
1,097,039
938,395
1,515,904
3,850,841
1,029,779
526,959
752,918
712,311
1,572,466
1,041,101
653,545
701,888
214,730
Operating Profit
199,816
60,459
-11,114
9,048
120,525
-110,080
-81,948
-22,665
103,497
82,183
89,350
-83,997
-30,587
21,442
433,021
Interest Payable
13,391
15,873
13,146
12,069
11,931
14,612
15,244
25,872
30,005
Interest Receivable
990
58
1,604
259
158
1,564
869
93
116
1,230
582
464
512
389
70
Pre-Tax Profit
187,416
44,644
-22,656
-2,762
108,752
-123,127
-96,323
-48,444
73,608
83,413
89,933
-83,533
-30,075
21,831
433,090
Tax
-46,854
-11,161
-20,663
-5,013
-16,682
-18,886
-5,676
-121,265
Profit After Tax
140,562
33,483
-22,656
-2,762
88,089
-123,127
-96,323
-53,457
73,608
66,730
71,047
-83,533
-30,075
16,155
311,825
Dividends Paid
Retained Profit
140,562
33,483
-22,656
-2,762
88,089
-123,127
-96,323
-53,457
73,608
66,730
71,047
-83,533
-30,075
16,155
311,825
Employee Costs
2,540,625
1,980,463
2,001,789
1,097,664
2,465,313
2,088,226
1,242,324
1,483,980
599,434
797,294
738,792
407,987
306,972
552,484
439,046
Number Of Employees
45
45
45
45
50
50
40
40
13
17
19
11
9
21
15
EBITDA*
200,509
61,009
-10,564
9,048
120,525
-110,080
-81,948
40,434
179,845
98,315
129,679
-72,970
17,553
73,478
473,357
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
229,401
229,202
229,752
228,102
228,102
228,102
214,931
455,314
549,291
433,167
238,275
23,042
172,370
198,740
233,619
Intangible Assets
30,000
33,000
36,000
39,000
Investments & Other
522,000
431,000
431,000
120,000
Debtors (Due After 1 year)
Total Fixed Assets
751,401
660,202
660,752
348,102
228,102
228,102
214,931
455,314
549,291
433,167
238,275
53,042
205,370
234,740
272,619
Stock & work in progress
11,325
11,325
11,325
11,325
11,325
1,075
1,075
1,075
1,075
1,150
3,825
2,190
460
420
420
Trade Debtors
277,294
267,652
368,097
216,430
342,622
587,511
325,799
38,981
181,954
271,479
337,346
228,852
278,214
322,018
263,568
Group Debtors
175,248
166,699
166,599
Misc Debtors
246,528
286,724
296,837
43,516
39,607
148,915
185,447
3,087
11,725
14,851
Cash
36,450
1,282
1,298
319,496
199,037
116,318
300,836
46,694
138,498
367,820
124,173
108,808
76,949
127,768
27,816
misc current assets
163,442
149,975
total current assets
571,597
280,259
380,720
833,975
849,821
1,087,110
834,016
552,239
506,974
640,449
465,344
339,850
358,710
461,931
306,655
total assets
1,322,998
940,461
1,041,472
1,182,077
1,077,923
1,315,212
1,048,947
1,007,553
1,056,265
1,073,616
703,619
392,892
564,080
696,671
579,274
Bank overdraft
97,599
140,457
161,881
185,162
24,168
24,168
8,500
Bank loan
213,708
182,002
Trade Creditors
41,262
25,111
37,469
27,991
210,137
530,755
31,531
96,806
25,969
335,224
265,377
159,731
210,989
286,587
150,583
Group/Directors Accounts
372
17,955
46,245
65,361
other short term finances
hp & lease commitments
15,195
46,960
other current liabilities
814,371
545,689
646,401
722,001
464,645
441,873
519,507
88,031
21,376
total current liabilities
953,232
711,257
845,751
963,700
856,784
1,158,162
593,161
270,445
168,166
335,224
265,377
159,731
210,989
286,587
150,583
loans
24,000
199,609
221,098
254,219
hp & lease commitments
120,340
131,251
Accruals and Deferred Income
other liabilities
347,771
146,758
13,980
31,980
56,248
86,122
provisions
43,170
38,272
38,272
5,865
4,609
23,006
25,656
30,544
total long term liabilities
24,000
199,609
384,608
423,742
386,043
152,623
18,589
54,986
81,904
116,666
total liabilities
953,232
711,257
845,751
963,700
856,784
1,182,162
792,770
655,053
591,908
721,267
418,000
178,320
265,975
368,491
267,249
net assets
369,766
229,204
195,721
218,377
221,139
133,050
256,177
352,500
464,357
352,349
285,619
214,572
298,105
328,180
312,025
total shareholders funds
369,766
229,204
195,721
218,377
221,139
133,050
256,177
352,500
464,357
352,349
285,619
214,572
298,105
328,180
312,025
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
199,816
60,459
-11,114
9,048
120,525
-110,080
-81,948
-22,665
103,497
82,183
89,350
-83,997
-30,587
21,442
433,021
Depreciation
693
550
550
63,099
76,348
16,132
10,329
8,027
45,140
49,036
37,336
Amortisation
30,000
3,000
3,000
3,000
3,000
Tax
-46,854
-11,161
-20,663
-5,013
-16,682
-18,886
-5,676
-121,265
Stock
10,250
-75
-2,675
1,635
1,730
40
420
Debtors
256,170
-100,445
-135,057
-136,305
-166,816
274,170
177,610
-12,906
95,922
-65,867
108,494
-52,449
-52,442
55,324
278,419
Creditors
16,151
-12,358
9,478
-182,146
-320,618
499,224
-65,275
70,837
-309,255
69,847
105,646
-51,258
-75,598
136,004
150,583
Accruals and Deferred Income
268,682
-100,712
-75,600
257,356
22,772
-77,634
431,476
66,655
21,376
Deferred Taxes & Provisions
-43,170
4,898
32,407
1,256
-18,397
-2,650
-4,888
30,544
Cash flow from operations
182,318
37,223
58,371
220,563
-41,418
37,340
63,473
190,717
-203,881
252,429
107,566
-91,906
-8,293
143,594
254,380
Investing Activities
capital expenditure
-892
-2,200
-13,171
240,383
30,878
-192,472
-211,024
-225,562
141,301
-18,770
-14,157
-312,955
Change in Investments
91,000
311,000
120,000
cash flow from investments
-91,892
-313,200
-120,000
-13,171
240,383
30,878
-192,472
-211,024
-225,562
141,301
-18,770
-14,157
-312,955
Financing Activities
Bank loans
-213,708
31,706
182,002
Group/Directors Accounts
-372
-17,583
-28,290
-19,116
65,361
Other Short Term Loans
Long term loans
-24,000
-175,609
-21,489
-33,121
254,219
Hire Purchase and Lease Commitments
-135,535
-42,676
178,211
other long term liabilities
-347,771
201,013
132,778
-18,000
-24,268
-29,874
86,122
share issue
-58,400
38,400
200
interest
-12,401
-15,815
-11,542
-11,810
-11,773
-13,048
-14,375
-25,779
-29,889
1,230
582
464
512
389
70
cash flow from financing
-12,401
-15,815
-225,250
19,896
145,857
-206,240
-199,689
-179,092
158,531
202,243
133,360
-17,536
-23,756
-29,485
86,392
cash and cash equivalents
cash
35,168
-16
-318,198
120,459
82,719
-184,518
254,142
-91,804
-229,322
243,647
15,365
31,859
-50,819
99,952
27,816
overdraft
-42,858
-21,424
161,881
-185,162
160,994
15,668
8,500
change in cash
78,026
21,408
-480,079
120,459
267,881
-345,512
254,142
-107,472
-237,822
243,647
15,365
31,859
-50,819
99,952
27,816
fasthands limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for fasthands limited. Get real-time insights into fasthands limited's credit score, group structure and payment trends.
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fasthands limited Ownership
FASTHANDS LIMITED group structure
Fasthands Limited has no subsidiary companies.
Ultimate parent company
FASTHANDS LIMITED
03640203
FASTHANDS LIMITED Shareholders
The largest shareholders in Fasthands Limited include Dawn Griffiths and Glenn Pycroft.
dawn griffiths
25%
glenn pycroft
25%
jacqueline pycroft
25%
michael john griffith
25%
fasthands limited directors
Fasthands Limited currently has 2 directors.
The longest serving directors include
Mr Glenn Pycroft (Sep 1998) and
Mr Michael Griffith (Sep 1998).
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 fasthands limited. Currently there are 5 open charges and 0 have been satisfied in the past.
fasthands 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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fasthands limitedCompanies House Filings - See Documents
