follswick ltd
follswick ltd Company Information
Company Number
03868838
Next Accounts
Dec 2025
Shareholders
benzion weitz
romie tager
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
romeo house 160 bridport road, london, N18 1SY
Website
-follswick ltd Estimated Valuation
Pomanda estimates the enterprise value of FOLLSWICK LTD at £31.6m based on a Turnover of £9.3m and 3.39x industry multiple (adjusted for size and gross margin).
follswick ltd Estimated Valuation
Pomanda estimates the enterprise value of FOLLSWICK LTD at £0 based on an EBITDA of £0 and a 5.88x industry multiple (adjusted for size and gross margin).
follswick ltd Estimated Valuation
Pomanda estimates the enterprise value of FOLLSWICK LTD at £85.7k based on Net Assets of £47.9k and 1.79x industry multiple (adjusted for liquidity).
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Follswick Ltd Overview
Follswick Ltd is a live company located in london, N18 1SY with a Companies House number of 03868838. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in October 1999, it's largest shareholder is benzion weitz with a 50% stake. Follswick Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £9.3m with low growth in recent years.
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Follswick Ltd Health Check
Pomanda's financial health check has awarded Follswick Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £9.3m, make it larger than the average company (£1.5m)
- Follswick Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.4%)
- Follswick Ltd
5.4% - Industry AVG
Production
with a gross margin of 21.7%, this company has a higher cost of product (62.5%)
- Follswick Ltd
62.5% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Follswick Ltd
- - Industry AVG
Employees
with 25 employees, this is above the industry average (7)
- Follswick Ltd
7 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)
- Follswick Ltd
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £373.1k, this is more efficient (£155.3k)
- Follswick Ltd
£155.3k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (17 days)
- Follswick Ltd
17 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (38 days)
- Follswick Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Follswick Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Follswick Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97%, this is a higher level of debt than the average (71.4%)
97% - Follswick Ltd
71.4% - Industry AVG
FOLLSWICK LTD financials
Follswick Ltd's latest turnover from March 2024 is estimated at £9.3 million and the company has net assets of £47.9 thousand. According to their latest financial statements, we estimate that Follswick Ltd has 25 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 | 8,400 | 8,399 | 7,700 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 5,616 | 5,803 | 3,860 | ||||||||||||
| Interest Payable | 44,500 | 44,500 | 44,500 | ||||||||||||
| Interest Receivable | 50,304 | 48,518 | 46,281 | ||||||||||||
| Pre-Tax Profit | 11,420 | 9,821 | 5,641 | ||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | 11,420 | 9,821 | 5,641 | ||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 11,420 | 9,821 | 5,641 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 5,991 | 6,304 | 4,527 |
* 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 | 217,635 | 217,635 | 217,635 | 217,653 | 217,691 | 217,729 | 217,779 | 217,846 | 217,935 | 218,054 | 218,212 | 218,423 | 218,705 | 219,080 | 219,581 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 217,635 | 217,635 | 217,635 | 217,653 | 217,691 | 217,729 | 217,779 | 217,846 | 217,935 | 218,054 | 218,212 | 218,423 | 218,705 | 219,080 | 219,581 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,401,064 | 1,401,064 | 1,401,064 | 1,400,856 | 1,395,543 | 1,391,060 | 1,386,467 | 1,336,519 | 1,285,898 | 1,226,401 | 1,167,072 | 1,107,966 | 1,059,371 | 1,021,872 | 973,499 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 274 | 256 | 249 | ||||||||||||
| Cash | 1,658 | 1,501 | 489 | 59 | 1,169 | 1,577 | 1,468 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 1,401,064 | 1,401,064 | 1,401,064 | 1,400,856 | 1,395,543 | 1,391,060 | 1,386,467 | 1,336,519 | 1,287,556 | 1,227,902 | 1,167,561 | 1,108,025 | 1,060,814 | 1,023,705 | 975,216 |
| total assets | 1,618,699 | 1,618,699 | 1,618,699 | 1,618,509 | 1,613,234 | 1,608,789 | 1,604,246 | 1,554,365 | 1,505,491 | 1,445,956 | 1,385,773 | 1,326,448 | 1,279,519 | 1,242,785 | 1,194,797 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,570,832 | 1,570,832 | 1,570,544 | 1,570,472 | 1,569,180 | 1,568,780 | 1,568,922 | 1,524,201 | 1,480,044 | 1,435,185 | 1,390,661 | 1,346,859 | 1,314,301 | ||
| Group/Directors Accounts | 1,279,852 | 1,241,553 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 9,112 | 9,244 | |||||||||||||
| total current liabilities | 1,570,832 | 1,570,832 | 1,570,544 | 1,570,472 | 1,569,180 | 1,568,780 | 1,568,922 | 1,524,201 | 1,480,044 | 1,435,185 | 1,390,661 | 1,346,859 | 1,314,301 | 1,288,964 | 1,250,797 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 1,570,832 | 1,570,832 | 1,570,544 | 1,570,472 | 1,569,180 | 1,568,780 | 1,568,922 | 1,524,201 | 1,480,044 | 1,435,185 | 1,390,661 | 1,346,859 | 1,314,301 | 1,288,964 | 1,250,797 |
| net assets | 47,867 | 47,867 | 48,155 | 48,037 | 44,054 | 40,009 | 35,324 | 30,164 | 25,447 | 10,771 | -4,888 | -20,411 | -34,782 | -46,179 | -56,000 |
| total shareholders funds | 47,867 | 47,867 | 48,155 | 48,037 | 44,054 | 40,009 | 35,324 | 30,164 | 25,447 | 10,771 | -4,888 | -20,411 | -34,782 | -46,179 | -56,000 |
| 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 | 5,616 | 5,803 | 3,860 | ||||||||||||
| Depreciation | 119 | 158 | 211 | 282 | 375 | 501 | 667 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 208 | 5,313 | 4,483 | 4,593 | 49,948 | 50,621 | 59,497 | 59,329 | 59,106 | 48,321 | 37,517 | 48,380 | 973,748 | ||
| Creditors | 288 | 72 | 1,292 | 400 | -142 | 44,721 | 44,157 | 44,859 | 44,524 | 43,802 | 32,558 | 1,314,301 | |||
| Accruals and Deferred Income | -9,112 | -132 | 9,244 | ||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 1,273,663 | -42,208 | -959,977 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,279,852 | 38,299 | 1,241,553 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 5,804 | 4,018 | 1,781 | ||||||||||||
| cash flow from financing | -1,274,071 | 42,317 | 1,181,693 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,658 | 157 | 1,012 | 430 | -1,110 | -408 | 109 | 1,468 | |||||||
| overdraft | |||||||||||||||
| change in cash | -1,658 | 157 | 1,012 | 430 | -1,110 | -408 | 109 | 1,468 |
follswick ltd Credit Report and Business Information
Follswick Ltd Competitor Analysis
Perform a competitor analysis for follswick ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in N18 area or any other competitors across 12 key performance metrics.
follswick ltd Ownership
FOLLSWICK LTD group structure
Follswick Ltd has no subsidiary companies.
Ultimate parent company
FOLLSWICK LTD
03868838
follswick ltd directors
Follswick Ltd currently has 3 directors. The longest serving directors include Mr Benzion Weitz (Dec 2000) and Mr Romie Tager (Jan 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benzion Weitz | 72 years | Dec 2000 | - | Director | |
| Mr Romie Tager | United Kingdom | 77 years | Jan 2006 | - | Director |
| Mrs Esther Tager | 73 years | Jan 2025 | - | Director |
P&L
March 2024turnover
9.3m
-3%
operating profit
0
0%
gross margin
21.7%
+11.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
47.9k
0%
total assets
1.6m
0%
cash
0
0%
net assets
Total assets minus all liabilities
follswick ltd company details
company number
03868838
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
October 1999
age
26
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
romeo house 160 bridport road, london, N18 1SY
Bank
-
Legal Advisor
-
follswick ltd 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 3 charges/mortgages relating to follswick ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
follswick ltd 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.
Click to start generating capital raising & share issue transactions for FOLLSWICK LTD. This can take several minutes, an email will notify you when this has completed.
follswick ltd Companies House Filings - See Documents
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