final flourish limited

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final flourish limited Company Information

Share FINAL FLOURISH LIMITED

Company Number

04522600

Shareholders

benjamin william daryl hewitson

richard paul hewitson

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Group Structure

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Industry

Activities of head offices

 

Registered Address

saxon works south street, openshaw, manchester, M11 2FY

final flourish limited Estimated Valuation

£5.6m

Pomanda estimates the enterprise value of FINAL FLOURISH LIMITED at £5.6m based on a Turnover of £9.1m and 0.61x industry multiple (adjusted for size and gross margin).

final flourish limited Estimated Valuation

£5.8m

Pomanda estimates the enterprise value of FINAL FLOURISH LIMITED at £5.8m based on an EBITDA of £1.2m and a 4.7x industry multiple (adjusted for size and gross margin).

final flourish limited Estimated Valuation

£12m

Pomanda estimates the enterprise value of FINAL FLOURISH LIMITED at £12m based on Net Assets of £5.6m and 2.14x industry multiple (adjusted for liquidity).

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Final Flourish Limited Overview

Final Flourish Limited is a live company located in manchester, M11 2FY with a Companies House number of 04522600. It operates in the activities of head offices sector, SIC Code 70100. Founded in August 2002, it's largest shareholder is benjamin william daryl hewitson with a 20% stake. Final Flourish Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.1m with rapid growth in recent years.

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Final Flourish Limited Health Check

Pomanda's financial health check has awarded Final Flourish Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £9.1m, make it smaller than the average company (£20.3m)

£9.1m - Final Flourish Limited

£20.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 162%, show it is growing at a faster rate (7.4%)

162% - Final Flourish Limited

7.4% - Industry AVG

production

Production

with a gross margin of 32.8%, this company has a comparable cost of product (33.6%)

32.8% - Final Flourish Limited

33.6% - Industry AVG

profitability

Profitability

an operating margin of 9.8% make it more profitable than the average company (5.9%)

9.8% - Final Flourish Limited

5.9% - Industry AVG

employees

Employees

with 80 employees, this is below the industry average (110)

80 - Final Flourish Limited

110 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has a lower pay structure (£49.7k)

£31.9k - Final Flourish Limited

£49.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £114.2k, this is less efficient (£205.6k)

£114.2k - Final Flourish Limited

£205.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 62 days, this is later than average (45 days)

62 days - Final Flourish Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 59 days, this is slower than average (42 days)

59 days - Final Flourish Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 25 days, this is less than average (49 days)

25 days - Final Flourish Limited

49 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 18 weeks, this is average cash available to meet short term requirements (15 weeks)

18 weeks - Final Flourish Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.2%, this is a lower level of debt than the average (55.6%)

37.2% - Final Flourish Limited

55.6% - Industry AVG

FINAL FLOURISH LIMITED financials

EXPORTms excel logo

Final Flourish Limited's latest turnover from December 2023 is £9.1 million and the company has net assets of £5.6 million. According to their latest financial statements, Final Flourish Limited has 80 employees and maintains cash reserves of £726.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover9,137,8238,183,0916,124,966507,355528,377520,400503,038479,7995,870,5326,076,0175,868,2915,577,8917,221,4236,277,0435,439,235
Other Income Or Grants000000000000000
Cost Of Sales6,143,9685,375,0424,546,170342,606355,425351,031340,336323,6883,975,6534,403,4354,353,9604,178,5025,462,5734,773,2614,282,703
Gross Profit2,993,8552,808,0491,578,796164,749172,951169,369162,703156,1111,894,8791,672,5821,514,3311,399,3891,758,8501,503,7821,156,532
Admin Expenses2,097,5551,491,1481,022,35828,90232,39433,756118,514-2,448,1511,531,2481,191,9881,322,1321,079,6881,444,8991,144,2681,007,712
Operating Profit896,3001,316,901556,438135,847140,557135,61344,1892,604,262363,631480,594192,199319,701313,951359,514148,820
Interest Payable47,98445,83830,53423,10627,29029,01127,32944,5958,21715,72318,26927,77728,67330,33733,901
Interest Receivable3511944567821,2761,430768771571,5693,0524480
Pre-Tax Profit826,2441,245,010563,105112,796114,049107,87818,2902,560,436355,491465,028175,499294,976285,282329,225114,919
Tax-193,983-350,043-122,271-21,431-21,669-20,497-3,475-512,087-35,569-90,09614,509-13,931-95,588-129,243-40,214
Profit After Tax632,261894,967440,83491,36592,38087,38114,8152,048,349319,922374,932190,008281,045189,694199,98274,705
Dividends Paid448,512287,007162,000000001,333,987132,000127,950117,150168,150167,150113,952
Retained Profit183,749607,960278,83491,36592,38087,38114,8152,048,349-1,014,065242,93262,058163,89521,54432,832-39,247
Employee Costs2,554,8002,122,5791,694,745128,101128,250125,299121,737116,0651,799,1801,750,6501,574,7861,628,1581,974,1781,618,4851,468,321
Number Of Employees8069643333379797280918476
EBITDA*1,238,9661,504,492715,263152,642157,352152,40860,9842,621,057560,828599,493319,101470,026472,169511,992242,686

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,638,1482,401,9921,829,54367,18083,975100,770117,565134,3601,406,9381,218,6361,223,5581,140,4431,206,342742,784733,826
Intangible Assets00000000346,083461,444519,125576,806634,487692,168749,849
Investments & Other3,433,0513,468,0833,512,7023,205,0813,201,8093,182,6153,187,6433,015,0020000000
Debtors (Due After 1 year)91130,0920000000000051,00051,000
Total Fixed Assets6,071,2906,000,1675,342,2453,272,2613,285,7843,283,3853,305,2083,149,3621,753,0211,680,0801,742,6831,717,2491,840,8291,485,9521,534,675
Stock & work in progress436,134370,032651,03500000606,410492,009523,485572,041483,260478,851483,365
Trade Debtors1,554,7511,879,5661,317,710000001,175,2841,175,0471,359,8991,345,2342,236,8501,199,3451,034,174
Group Debtors000000000000079,49248,104
Misc Debtors151,19486,293124,247000000117,534116,830211,940206,114116,99091,133
Cash726,336558,163488,80554,01157,922150,636189,513382,430232,25414,534107,23813,841185,782204,956174,796
misc current assets000000000000000
total current assets2,868,4152,894,0542,581,79754,01157,922150,636189,513382,4302,013,9481,799,1242,107,4522,143,0563,112,0062,079,6341,831,572
total assets8,939,7058,894,2217,924,0423,326,2723,343,7063,434,0213,494,7213,531,7923,766,9693,479,2043,850,1353,860,3054,952,8353,565,5863,366,247
Bank overdraft0120,46350,708000000337,917723,804683,916898,535499,719629,420
Bank loan76,112111,537132,03400000042,30041,57640,86640,15739,4600
Trade Creditors 997,709905,2271,084,153000001,797,091784,849927,645735,4121,258,696760,023681,399
Group/Directors Accounts10,113161,613315,045443,089524,648680,148801,866897,021000015,03320,54130,093
other short term finances00000004,345069,743100,000100,000100,000100,000100,000
hp & lease commitments150,015109,74142,5460000003,37526,10024,82537,42557,35849,443
other current liabilities825,380859,881619,5865,4475,2045,1814,6493,8820440,689359,093530,680608,641455,197180,051
total current liabilities2,059,3292,268,4622,244,072448,536529,852685,329806,515905,2481,797,0911,678,8732,178,2182,115,6992,958,4871,932,2981,670,406
loans93,287165,991275,475366,044391,544417,044442,544393,9941,028,6881,142,0431,287,6011,429,9871,731,6681,872,6502,013,274
hp & lease commitments354,787295,330145,65100000003,37512,60066,07053,10269,141
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions815,786731,671434,0377,2629,24510,96312,35814,061255,882258,915224,500207,636266,122213,760152,482
total long term liabilities1,263,8601,192,992855,163373,306400,789428,007454,902408,0551,284,5701,400,9581,515,4761,650,2232,063,8602,139,5122,234,897
total liabilities3,323,1893,461,4543,099,235821,842930,6411,113,3361,261,4171,313,3033,081,6613,079,8313,693,6943,765,9225,022,3474,071,8103,905,303
net assets5,616,5165,432,7674,824,8072,504,4302,413,0652,320,6852,233,3042,218,489685,308399,373156,44194,383-69,512-506,224-539,056
total shareholders funds5,616,5165,432,7674,824,8072,504,4302,413,0652,320,6852,233,3042,218,489685,308399,373156,44194,383-69,512-506,224-539,056
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit896,3001,316,901556,438135,847140,557135,61344,1892,604,262363,631480,594192,199319,701313,951359,514148,820
Depreciation342,666187,591158,82516,79516,79516,79516,79516,79581,83661,21869,22192,644100,53794,79793,866
Amortisation00000000115,36157,68157,68157,68157,68157,6810
Tax-193,983-350,043-122,271-21,431-21,669-20,497-3,475-512,087-35,569-90,09614,509-13,931-95,588-129,243-40,214
Stock66,102-281,003651,0350000-606,410114,401-31,476-48,55688,7814,409-4,514483,365
Debtors-389,915653,9941,441,9570000-1,175,284-117,297-184,148-80,445-885,790996,137222,4161,224,411
Creditors92,482-178,9261,084,1530000-1,797,0911,012,242-142,796192,233-523,284498,67378,624681,399
Accruals and Deferred Income-34,501240,295614,139243235327673,882-440,68981,596-171,587-77,961153,444275,146180,051
Deferred Taxes & Provisions84,115297,634426,775-1,983-1,718-1,395-1,703-241,821-3,03334,41516,864-58,48652,36261,278152,482
Cash flow from operations1,510,8921,140,461625,067129,471133,988131,04856,5731,855,6341,096,675698,236500,121593,37380,514579,895-491,372
Investing Activities
capital expenditure-578,822-760,040-1,921,18800001,601,866-170,138-56,296-126,811-26,745-93,378-50,655-79,163
Change in Investments-35,032-44,619307,6213,27219,194-5,028172,6413,015,0020000000
cash flow from investments-543,790-715,421-2,228,809-3,272-19,1945,028-172,641-1,413,136-170,138-56,296-126,811-26,745-93,378-50,655-79,163
Financing Activities
Bank loans-35,425-20,497132,03400000-42,30072471070969739,4600
Group/Directors Accounts-151,500-153,432-128,044-81,559-155,500-121,718-95,155897,021000-15,033-5,508-9,55230,093
Other Short Term Loans 000000-4,3454,345-69,743-30,2570000100,000
Long term loans-72,704-109,484-90,569-25,500-25,500-25,50048,550-634,694-113,355-145,558-142,386-301,681-140,982-140,6242,013,274
Hire Purchase and Lease Commitments99,731216,874188,19700000-3,375-26,100-7,950-66,070-6,965-8,124118,584
other long term liabilities000000000000000
share issue002,041,5430000-515,1681,300,000000415,1680-499,809
interest-47,633-45,644-30,530-23,050-26,508-27,735-25,899-43,827-8,140-15,566-16,700-24,725-28,669-30,289-33,901
cash flow from financing-207,531-112,1832,112,631-130,109-207,508-174,953-76,849-292,3231,063,087-216,757-166,326-406,800233,741-149,1291,728,241
cash and cash equivalents
cash168,17369,358434,794-3,911-92,714-38,877-192,917150,176217,720-92,70493,397-171,941-19,17430,160174,796
overdraft-120,46369,75550,70800000-337,917-385,88739,888-214,619398,816-129,701629,420
change in cash288,636-397384,086-3,911-92,714-38,877-192,917150,176555,637293,18353,50942,678-417,990159,861-454,624

final flourish limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Final Flourish Limited Competitor Analysis

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Perform a competitor analysis for final flourish limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in M11 area or any other competitors across 12 key performance metrics.

final flourish limited Ownership

FINAL FLOURISH LIMITED group structure

Final Flourish Limited has 3 subsidiary companies.

Ultimate parent company

FINAL FLOURISH LIMITED

04522600

3 subsidiaries

FINAL FLOURISH LIMITED Shareholders

benjamin william daryl hewitson 20%
richard paul hewitson 20%
daniel john hewitson 20%
helen hewitson 13.33%
clair hewitson 13.33%
hannah matilda hewitson 13.33%

final flourish limited directors

Final Flourish Limited currently has 6 directors. The longest serving directors include Mr Richard Hewitson (Dec 2002) and Mr Benjamin Hewitson (Dec 2002).

officercountryagestartendrole
Mr Richard HewitsonEngland53 years Dec 2002- Director
Mr Benjamin Hewitson47 years Dec 2002- Director
Mr Daniel Hewitson51 years May 2012- Director
Mrs Clair Hewitson51 years Dec 2021- Director
Mrs Helen HewitsonEngland49 years Dec 2021- Director
Mrs Hannah Hewitson41 years Dec 2021- Director

P&L

December 2023

turnover

9.1m

+12%

operating profit

896.3k

-32%

gross margin

32.8%

-4.52%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

5.6m

+0.03%

total assets

8.9m

+0.01%

cash

726.3k

+0.3%

net assets

Total assets minus all liabilities

final flourish limited company details

company number

04522600

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

August 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

STERLING PARTNERS LIMITED

address

saxon works south street, openshaw, manchester, M11 2FY

Bank

-

Legal Advisor

-

final flourish 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 did not find charges/mortgages relating to final flourish limited.

final flourish limited Capital Raised & Share Issues BETA

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final flourish limited Companies House Filings - See Documents

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