frandek limited Company Information
Company Number
04286742
Next Accounts
4 days late
Industry
Licensed restaurants
Shareholders
frandek holdings ltd
Group Structure
View All
Contact
Registered Address
18 bristol gardens, london, W9 2JQ
Website
http://thewaterway.co.ukfrandek limited Estimated Valuation
Pomanda estimates the enterprise value of FRANDEK LIMITED at £966.2k based on a Turnover of £1.4m and 0.71x industry multiple (adjusted for size and gross margin).
frandek limited Estimated Valuation
Pomanda estimates the enterprise value of FRANDEK LIMITED at £1.5m based on an EBITDA of £324.7k and a 4.72x industry multiple (adjusted for size and gross margin).
frandek limited Estimated Valuation
Pomanda estimates the enterprise value of FRANDEK LIMITED at £814.2k based on Net Assets of £304.6k and 2.67x industry multiple (adjusted for liquidity).
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Frandek Limited Overview
Frandek Limited is a live company located in london, W9 2JQ with a Companies House number of 04286742. It operates in the licenced restaurants sector, SIC Code 56101. Founded in September 2001, it's largest shareholder is frandek holdings ltd with a 100% stake. Frandek Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
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Frandek Limited Health Check
Pomanda's financial health check has awarded Frandek Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
3 Weak
Size
annual sales of £1.4m, make it in line with the average company (£1.6m)
- Frandek Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (3.3%)
- Frandek Limited
3.3% - Industry AVG
Production
with a gross margin of 58.2%, this company has a comparable cost of product (58.2%)
- Frandek Limited
58.2% - Industry AVG
Profitability
an operating margin of 15.4% make it more profitable than the average company (4.4%)
- Frandek Limited
4.4% - Industry AVG
Employees
with 42 employees, this is similar to the industry average (37)
42 - Frandek Limited
37 - Industry AVG
Pay Structure
on an average salary of £19.3k, the company has an equivalent pay structure (£19.3k)
- Frandek Limited
£19.3k - Industry AVG
Efficiency
resulting in sales per employee of £32.2k, this is less efficient (£51.9k)
- Frandek Limited
£51.9k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (6 days)
- Frandek Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 128 days, this is slower than average (46 days)
- Frandek Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is more than average (12 days)
- Frandek Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (16 weeks)
2 weeks - Frandek Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.1%, this is a similar level of debt than the average (81.4%)
84.1% - Frandek Limited
81.4% - Industry AVG
FRANDEK LIMITED financials
Frandek Limited's latest turnover from March 2023 is estimated at £1.4 million and the company has net assets of £304.6 thousand. According to their latest financial statements, Frandek Limited has 42 employees and maintains cash reserves of £64 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 2,573,673 | 2,417,156 | 3,661,000 | 3,613,000 | ||||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
Cost Of Sales | 752,088 | 747,486 | 1,175,000 | 1,110,000 | ||||||||||
Gross Profit | 1,821,585 | 1,669,670 | 2,486,000 | 2,503,000 | ||||||||||
Admin Expenses | 1,584,220 | 1,639,156 | 2,545,000 | 2,503,000 | ||||||||||
Operating Profit | 237,365 | 30,514 | -59,000 | 0 | ||||||||||
Interest Payable | 996 | 1,448 | 0 | 12,000 | ||||||||||
Interest Receivable | 0 | 0 | 0 | 0 | ||||||||||
Pre-Tax Profit | 236,369 | 158,231 | -59,000 | -12,000 | ||||||||||
Tax | -48,831 | -11,273 | -82,000 | -32,000 | ||||||||||
Profit After Tax | 187,538 | 146,958 | -141,000 | -44,000 | ||||||||||
Dividends Paid | 0 | 0 | 0 | 0 | ||||||||||
Retained Profit | 187,538 | 146,958 | -141,000 | -44,000 | ||||||||||
Employee Costs | 1,106,000 | 1,050,000 | ||||||||||||
Number Of Employees | 42 | 47 | 39 | 43 | 44 | 45 | 38 | 88 | 130 | |||||
EBITDA* | 326,509 | 86,183 | 56,000 | 124,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 299,008 | 287,134 | 279,962 | 331,424 | 310,154 | 306,420 | 348,923 | 257,587 | 98,754 | 65,645 | 115,628 | 158,858 | 427,000 | 532,000 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 48,165 | 25,704 | 25,704 | 25,705 | 25,705 | 25,705 | 25,090 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 347,173 | 312,838 | 305,666 | 357,129 | 335,859 | 332,125 | 374,013 | 257,587 | 98,754 | 65,645 | 115,628 | 158,858 | 427,000 | 532,000 |
Stock & work in progress | 33,384 | 39,564 | 33,630 | 41,903 | 46,524 | 45,496 | 48,194 | 27,677 | 42,592 | 56,720 | 65,135 | 62,471 | 106,000 | 114,000 |
Trade Debtors | 4,426 | 224 | 531 | 102 | 0 | 525 | 398 | 0 | 1,033,775 | 1,120,545 | 0 | 0 | 29,000 | 0 |
Group Debtors | 1,275,696 | 1,385,062 | 1,204,715 | 1,308,349 | 1,085,827 | 1,243,662 | 1,024,185 | 1,003,723 | 0 | 0 | 0 | 0 | 1,882,000 | 618,000 |
Misc Debtors | 184,917 | 33,645 | 145,555 | 176,853 | 217,025 | 123,892 | 47,877 | 68,578 | 0 | 0 | 0 | 0 | 249,000 | 143,000 |
Cash | 64,003 | 353,861 | 265,828 | 100,598 | 87,269 | 93,133 | 146,381 | 100,045 | 96,369 | 0 | 30,276 | 74,496 | 4,000 | 84,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 258,212 | 126,268 | 0 | 0 |
total current assets | 1,562,426 | 1,812,356 | 1,650,259 | 1,627,805 | 1,436,645 | 1,506,708 | 1,267,035 | 1,200,023 | 1,172,736 | 1,177,265 | 353,623 | 263,235 | 2,270,000 | 959,000 |
total assets | 1,909,599 | 2,125,194 | 1,955,925 | 1,984,934 | 1,772,504 | 1,838,833 | 1,641,048 | 1,457,610 | 1,271,490 | 1,242,910 | 469,251 | 422,093 | 2,697,000 | 1,491,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 198,692 | 217,641 | 151,662 | 207,085 | 200,691 | 220,183 | 195,866 | 329,920 | 2,038,183 | 1,875,597 | 0 | 0 | 427,000 | 507,000 |
Group/Directors Accounts | 1,093,135 | 835,422 | 1,597,889 | 1,333,751 | 1,307,522 | 1,525,185 | 1,558,025 | 1,399,760 | 0 | 0 | 0 | 0 | 1,514,000 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 6,433 | 9,676 | 7,784 | 7,784 | 16,126 | 9,788 | 27,701 | 25,067 | 0 | 0 | 0 | 0 | 0 | 46,000 |
other current liabilities | 253,619 | 553,648 | 234,047 | 272,405 | 281,112 | 307,481 | 305,059 | 338,170 | 0 | 0 | 968,949 | 138,373 | 286,000 | 403,000 |
total current liabilities | 1,551,879 | 1,616,387 | 1,991,382 | 1,821,025 | 1,805,451 | 2,062,637 | 2,086,651 | 2,092,917 | 2,038,183 | 1,875,597 | 968,949 | 138,373 | 2,227,000 | 956,000 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,677 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 20,248 | 29,898 | 3,243 | 0 | 0 | 8,343 | 17,271 | 15,105 | 0 | 0 | 0 | 0 | 113,000 | 112,000 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 11,027 | 18,811 | 0 | 0 | 0 | 0 | 12,327 | 123,495 | 212,994 | 0 | 0 |
provisions | 32,886 | 30,759 | 29,137 | 30,140 | 0 | 0 | 0 | 0 | 0 | 3,000 | 3,000 | 3,000 | 101,000 | 26,000 |
total long term liabilities | 53,134 | 60,657 | 32,380 | 41,167 | 18,811 | 8,343 | 17,271 | 15,105 | 30,677 | 15,327 | 126,495 | 215,994 | 214,000 | 138,000 |
total liabilities | 1,605,013 | 1,677,044 | 2,023,762 | 1,862,192 | 1,824,262 | 2,070,980 | 2,103,922 | 2,108,022 | 2,068,860 | 1,890,924 | 1,095,444 | 354,367 | 2,441,000 | 1,094,000 |
net assets | 304,586 | 448,150 | -67,837 | 122,742 | -51,758 | -232,147 | -462,874 | -650,412 | -797,370 | -648,014 | -626,193 | 67,726 | 256,000 | 397,000 |
total shareholders funds | 304,586 | 448,150 | -67,837 | 122,742 | -51,758 | -232,147 | -462,874 | -650,412 | -797,370 | -648,014 | -626,193 | 67,726 | 256,000 | 397,000 |
Mar 2023 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 237,365 | 30,514 | -59,000 | 0 | ||||||||||
Depreciation | 116,774 | 65,817 | 66,315 | 84,212 | 66,024 | 30,983 | 89,144 | 55,669 | 22,059 | 46,255 | 48,839 | 115,000 | 124,000 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | -48,831 | -11,273 | -82,000 | -32,000 | ||||||||||
Stock | 33,384 | 5,934 | -8,273 | -4,621 | 1,028 | -2,698 | 20,517 | -14,915 | -14,128 | -8,415 | 2,664 | -43,529 | -8,000 | 114,000 |
Debtors | 1,513,204 | 68,130 | -134,504 | 182,452 | -65,227 | 296,234 | 25,249 | 38,526 | -86,770 | 1,120,545 | 0 | -2,160,000 | 1,399,000 | 761,000 |
Creditors | 198,692 | 65,979 | -55,423 | 6,394 | -19,492 | 24,317 | -134,054 | -1,708,263 | 162,586 | 1,875,597 | 0 | -427,000 | -80,000 | 507,000 |
Accruals and Deferred Income | 253,619 | 319,601 | -38,358 | -8,707 | -26,369 | 2,422 | -33,111 | 338,170 | 0 | -968,949 | 830,576 | -147,627 | -117,000 | 403,000 |
Deferred Taxes & Provisions | 32,886 | 1,622 | -1,003 | 30,140 | 0 | 0 | 0 | 0 | -3,000 | 0 | 0 | -98,000 | 75,000 | 26,000 |
Cash flow from operations | 64,747 | -1,318,794 | -1,539,000 | 153,000 | ||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
Group/Directors Accounts | 1,093,135 | -762,467 | 264,138 | 26,229 | -217,663 | -32,840 | 158,265 | 1,399,760 | 0 | 0 | 0 | -1,514,000 | 1,514,000 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30,677 | 30,677 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 26,681 | 28,547 | 3,243 | -8,342 | -2,005 | -26,841 | 4,800 | 40,172 | 0 | 0 | 0 | -113,000 | -45,000 | 158,000 |
other long term liabilities | 0 | 0 | -11,027 | -7,784 | 18,811 | 0 | 0 | 0 | -12,327 | -111,168 | -89,499 | 212,994 | 0 | 0 |
share issue | ||||||||||||||
interest | -996 | -1,448 | 0 | -12,000 | ||||||||||
cash flow from financing | 162,069 | 1,407,807 | 1,469,000 | 587,000 | ||||||||||
cash and cash equivalents | ||||||||||||||
cash | 64,003 | 88,033 | 165,230 | 13,329 | -5,864 | -53,248 | 46,336 | 3,676 | 96,369 | -30,276 | -44,220 | 70,496 | -80,000 | 84,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 64,003 | 88,033 | 165,230 | 13,329 | -5,864 | -53,248 | 46,336 | 3,676 | 96,369 | -30,276 | -44,220 | 70,496 | -80,000 | 84,000 |
frandek limited Credit Report and Business Information
Frandek Limited Competitor Analysis
Perform a competitor analysis for frandek limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in W 9 area or any other competitors across 12 key performance metrics.
frandek limited Ownership
FRANDEK LIMITED group structure
Frandek Limited has no subsidiary companies.
frandek limited directors
Frandek Limited currently has 3 directors. The longest serving directors include Mr Harold Tillman (Jun 2008) and Mr Mitchell Tillman (Jun 2008).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Harold Tillman | England | 79 years | Jun 2008 | - | Director |
Mr Mitchell Tillman | United Kingdom | 49 years | Jun 2008 | - | Director |
Mr Oliver Etridge | England | 50 years | Jan 2014 | - | Director |
P&L
March 2023turnover
1.4m
0%
operating profit
207.9k
0%
gross margin
58.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
304.6k
0%
total assets
1.9m
0%
cash
64k
0%
net assets
Total assets minus all liabilities
frandek limited company details
company number
04286742
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
September 2001
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
18 bristol gardens, london, W9 2JQ
Bank
HSBC BANK PLC
Legal Advisor
-
frandek 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 16 charges/mortgages relating to frandek limited. Currently there are 1 open charges and 15 have been satisfied in the past.
frandek 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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frandek limited Companies House Filings - See Documents
date | description | view/download |
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