interfit limited
interfit limited Company Information
Company Number
04340401
Website
www.interfit-uk.comRegistered Address
unit 5 lighthouse trade park, church road, lydney, gloucestershire, GL15 5EN
Industry
Non-specialised wholesale trade
Telephone
08456013366
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
watts tyres ltd 100%
interfit limited Estimated Valuation
The estimated valuation range for interfit limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £892.1k to £2.7m
interfit limited Estimated Valuation
The estimated valuation range for interfit limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £892.1k to £2.7m
interfit limited Estimated Valuation
The estimated valuation range for interfit limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £892.1k to £2.7m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Interfit Limited Overview
Interfit Limited is a live company located in lydney, GL15 5EN with a Companies House number of 04340401. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in December 2001, it's largest shareholder is watts tyres ltd with a 100% stake. Interfit Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.2m with healthy growth in recent years.
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Interfit Limited Health Check
Pomanda's financial health check has awarded Interfit Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
6 Weak
Size
annual sales of £8.2m, make it smaller than the average company (£14.5m)
£8.2m - Interfit Limited
£14.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4.3%)
10% - Interfit Limited
4.3% - Industry AVG
Production
with a gross margin of 26%, this company has a comparable cost of product (28%)
26% - Interfit Limited
28% - Industry AVG
Profitability
an operating margin of 5% make it as profitable than the average company (5.9%)
5% - Interfit Limited
5.9% - Industry AVG
Employees
with 41 employees, this is similar to the industry average (40)
41 - Interfit Limited
40 - Industry AVG
Pay Structure
on an average salary of £37.7k, the company has an equivalent pay structure (£42.1k)
£37.7k - Interfit Limited
£42.1k - Industry AVG
Efficiency
resulting in sales per employee of £200.8k, this is less efficient (£357.8k)
£200.8k - Interfit Limited
£357.8k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (53 days)
64 days - Interfit Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (35 days)
18 days - Interfit Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 154 days, this is more than average (78 days)
154 days - Interfit Limited
78 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Interfit Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.3%, this is a higher level of debt than the average (47.9%)
89.3% - Interfit Limited
47.9% - Industry AVG
interfit limited Credit Report and Business Information
Interfit Limited Competitor Analysis
Perform a competitor analysis for interfit limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
interfit limited Ownership
INTERFIT LIMITED group structure
Interfit Limited has no subsidiary companies.
Ultimate parent company
YOKOHAMA TWS HOLDING AB
#0166497
2 parents
INTERFIT LIMITED
04340401
interfit limited directors
Interfit Limited currently has 2 directors. The longest serving directors include Mr Elio Bartoli (Sep 2013) and Mr Salvatore Marino (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Elio Bartoli | England | 47 years | Sep 2013 | - | Director |
| Mr Salvatore Marino | England | 59 years | Sep 2018 | - | Director |
INTERFIT LIMITED financials
Interfit Limited's latest turnover from December 2022 is £8.2 million and the company has net assets of £590 thousand. According to their latest financial statements, Interfit Limited has 41 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,234,000 | 5,651,000 | 5,916,000 | 6,218,000 | 6,136,000 | 6,174,000 | 6,859,000 | 6,952,000 | 7,256,000 | 7,252,000 | 7,394,000 | 8,901,000 | 9,831,000 | 11,527,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 6,095,000 | 3,302,000 | 4,146,000 | 4,833,000 | 4,715,000 | 4,674,000 | 5,031,000 | 5,146,000 | 5,232,000 | 5,234,000 | 6,141,000 | 7,581,000 | 7,354,000 | 9,334,000 |
| Gross Profit | 2,139,000 | 2,349,000 | 1,770,000 | 1,385,000 | 1,421,000 | 1,500,000 | 1,828,000 | 1,806,000 | 2,024,000 | 2,018,000 | 1,253,000 | 1,320,000 | 2,477,000 | 2,193,000 |
| Admin Expenses | 1,726,000 | 2,072,000 | 2,148,000 | 1,414,000 | 1,305,000 | 1,452,000 | 1,508,000 | 1,591,000 | 1,762,000 | 2,149,000 | 2,059,000 | 1,767,000 | 1,590,000 | 2,069,000 |
| Operating Profit | 413,000 | 277,000 | -378,000 | -29,000 | 116,000 | 48,000 | 320,000 | 215,000 | 262,000 | -131,000 | -806,000 | -447,000 | 887,000 | 124,000 |
| Interest Payable | 89,000 | 37,000 | 39,000 | 39,000 | 37,000 | 32,000 | 35,000 | 48,000 | 61,000 | 48,000 | 51,000 | 5,000 | 26,000 | 64,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 324,000 | 240,000 | -417,000 | -68,000 | 79,000 | 16,000 | 285,000 | 167,000 | 201,000 | -179,000 | -834,000 | -444,000 | 906,000 | 60,000 |
| Tax | -51,000 | -32,000 | 82,000 | 14,000 | -15,000 | -1,000 | -85,000 | -44,000 | -55,000 | 51,000 | 186,000 | 131,000 | 9,000 | 0 |
| Profit After Tax | 273,000 | 208,000 | -335,000 | -54,000 | 64,000 | 15,000 | 200,000 | 123,000 | 146,000 | -128,000 | -648,000 | -313,000 | 915,000 | 60,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 273,000 | 208,000 | -335,000 | -54,000 | 64,000 | 15,000 | 200,000 | 123,000 | 146,000 | -128,000 | -648,000 | -313,000 | 915,000 | 60,000 |
| Employee Costs | 1,545,000 | 1,298,000 | 1,454,000 | 1,552,000 | 1,500,000 | 1,547,000 | 1,610,000 | 1,624,000 | 1,856,000 | 1,931,000 | 1,981,000 | 1,956,000 | 2,141,000 | 2,892,000 |
| Number Of Employees | 41 | 39 | 46 | 47 | 51 | 53 | 55 | 55 | 66 | 71 | 75 | 81 | 85 | 112 |
| EBITDA* | 444,000 | 308,000 | -378,000 | -27,000 | 122,000 | 57,000 | 392,000 | 406,000 | 539,000 | 202,000 | -481,000 | -190,000 | 1,205,000 | 500,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 2,000 | 8,000 | 57,000 | 129,000 | 318,000 | 631,000 | 665,000 | 609,000 | 500,000 | 405,000 |
| Intangible Assets | 124,000 | 155,000 | 0 | 0 | 0 | 0 | 7,000 | 27,000 | 71,000 | 0 | 48,000 | 48,000 | 97,000 | 146,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 124,000 | 155,000 | 0 | 0 | 2,000 | 8,000 | 64,000 | 156,000 | 389,000 | 631,000 | 713,000 | 657,000 | 597,000 | 551,000 |
| Stock & work in progress | 2,580,000 | 1,527,000 | 1,212,000 | 1,182,000 | 1,052,000 | 1,049,000 | 932,000 | 943,000 | 1,352,000 | 1,124,000 | 1,077,000 | 1,223,000 | 937,000 | 1,892,000 |
| Trade Debtors | 1,460,000 | 1,505,000 | 1,656,000 | 1,576,000 | 1,655,000 | 1,618,000 | 1,398,000 | 1,432,000 | 1,591,000 | 1,592,000 | 1,401,000 | 1,698,000 | 1,775,000 | 2,171,000 |
| Group Debtors | 1,261,000 | 2,162,000 | 1,348,000 | 1,371,000 | 1,295,000 | 1,188,000 | 1,545,000 | 1,233,000 | 1,051,000 | 118,000 | 149,000 | 142,000 | 6,000 | 141,000 |
| Misc Debtors | 96,000 | 187,000 | 236,000 | 162,000 | 162,000 | 168,000 | 160,000 | 184,000 | 188,000 | 162,000 | 455,000 | 245,000 | 126,000 | 121,000 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,000 | 721,000 | 344,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,397,000 | 5,381,000 | 4,452,000 | 4,291,000 | 4,164,000 | 4,023,000 | 4,035,000 | 3,792,000 | 4,182,000 | 2,996,000 | 3,082,000 | 3,335,000 | 3,565,000 | 4,669,000 |
| total assets | 5,521,000 | 5,536,000 | 4,452,000 | 4,291,000 | 4,166,000 | 4,031,000 | 4,099,000 | 3,948,000 | 4,571,000 | 3,627,000 | 3,795,000 | 3,992,000 | 4,162,000 | 5,220,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 608,000 | 1,766,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 308,000 | 272,000 | 296,000 | 245,000 | 371,000 | 269,000 | 274,000 | 274,000 | 414,000 | 278,000 | 313,000 | 717,000 | 731,000 | 1,080,000 |
| Group/Directors Accounts | 3,871,000 | 4,244,000 | 3,447,000 | 3,025,000 | 2,690,000 | 2,680,000 | 2,627,000 | 2,902,000 | 3,577,000 | 2,897,000 | 2,931,000 | 2,051,000 | 1,212,000 | 1,620,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 27,000 | 36,000 |
| other current liabilities | 752,000 | 703,000 | 600,000 | 577,000 | 607,000 | 648,000 | 779,000 | 553,000 | 484,000 | 502,000 | 473,000 | 493,000 | 541,000 | 565,000 |
| total current liabilities | 4,931,000 | 5,219,000 | 4,343,000 | 3,847,000 | 3,668,000 | 3,597,000 | 3,680,000 | 3,729,000 | 4,475,000 | 3,677,000 | 3,717,000 | 3,266,000 | 3,119,000 | 5,067,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 29,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 29,000 |
| total liabilities | 4,931,000 | 5,219,000 | 4,343,000 | 3,847,000 | 3,668,000 | 3,597,000 | 3,680,000 | 3,729,000 | 4,475,000 | 3,677,000 | 3,717,000 | 3,266,000 | 3,123,000 | 5,096,000 |
| net assets | 590,000 | 317,000 | 109,000 | 444,000 | 498,000 | 434,000 | 419,000 | 219,000 | 96,000 | -50,000 | 78,000 | 726,000 | 1,039,000 | 124,000 |
| total shareholders funds | 590,000 | 317,000 | 109,000 | 444,000 | 498,000 | 434,000 | 419,000 | 219,000 | 96,000 | -50,000 | 78,000 | 726,000 | 1,039,000 | 124,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 413,000 | 277,000 | -378,000 | -29,000 | 116,000 | 48,000 | 320,000 | 215,000 | 262,000 | -131,000 | -806,000 | -447,000 | 887,000 | 124,000 |
| Depreciation | 0 | 0 | 0 | 2,000 | 6,000 | 9,000 | 72,000 | 191,000 | 277,000 | 285,000 | 277,000 | 208,000 | 269,000 | 327,000 |
| Amortisation | 31,000 | 31,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,000 | 48,000 | 49,000 | 49,000 | 49,000 |
| Tax | -51,000 | -32,000 | 82,000 | 14,000 | -15,000 | -1,000 | -85,000 | -44,000 | -55,000 | 51,000 | 186,000 | 131,000 | 9,000 | 0 |
| Stock | 1,053,000 | 315,000 | 30,000 | 130,000 | 3,000 | 117,000 | -11,000 | -409,000 | 228,000 | 47,000 | -146,000 | 286,000 | -955,000 | 1,892,000 |
| Debtors | -1,037,000 | 614,000 | 131,000 | -3,000 | 138,000 | -129,000 | 254,000 | 19,000 | 958,000 | -133,000 | -80,000 | 178,000 | -526,000 | 2,433,000 |
| Creditors | 36,000 | -24,000 | 51,000 | -126,000 | 102,000 | -5,000 | 0 | -140,000 | 136,000 | -35,000 | -404,000 | -14,000 | -349,000 | 1,080,000 |
| Accruals and Deferred Income | 49,000 | 103,000 | 23,000 | -30,000 | -41,000 | -131,000 | 226,000 | 69,000 | -18,000 | 29,000 | -20,000 | -48,000 | -24,000 | 565,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 462,000 | -574,000 | -383,000 | -296,000 | 27,000 | -68,000 | 290,000 | 681,000 | -584,000 | 333,000 | -493,000 | -585,000 | 2,322,000 | -2,180,000 |
| 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 | -373,000 | 797,000 | 422,000 | 335,000 | 10,000 | 53,000 | -275,000 | -675,000 | 680,000 | -34,000 | 880,000 | 839,000 | -408,000 | 1,620,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,000 | -26,000 | -34,000 | 65,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -89,000 | -37,000 | -39,000 | -39,000 | -37,000 | -32,000 | -35,000 | -48,000 | -61,000 | -48,000 | -51,000 | -5,000 | -26,000 | -64,000 |
| cash flow from financing | -462,000 | 760,000 | 383,000 | 296,000 | -27,000 | 21,000 | -310,000 | -723,000 | 619,000 | -82,000 | 824,000 | 808,000 | -468,000 | 1,685,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27,000 | -694,000 | 377,000 | 344,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -608,000 | -1,158,000 | 1,766,000 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27,000 | -86,000 | 1,535,000 | -1,422,000 |
P&L
December 2022turnover
8.2m
+46%
operating profit
413k
+49%
gross margin
26%
-37.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
590k
+0.86%
total assets
5.5m
0%
cash
0
0%
net assets
Total assets minus all liabilities
interfit limited company details
company number
04340401
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
December 2001
age
23
accounts
Full Accounts
ultimate parent company
previous names
watts industrial tyre services limited (February 2010)
incorporated
UK
address
unit 5 lighthouse trade park, church road, lydney, gloucestershire, GL15 5EN
last accounts submitted
December 2022
interfit 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 3 charges/mortgages relating to interfit limited. Currently there are 0 open charges and 3 have been satisfied in the past.
interfit limited Companies House Filings - See Documents
| date | description | view/download |
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