fling bar services ltd Company Information
Company Number
04813332
Website
www.flingbarservices.comRegistered Address
7 carlton house, gwash way, stamford, PE9 1XP
Industry
Other business support service activities n.e.c.
Telephone
01780238200
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
matthew wilkinson 83.3%
kim wilkinson 16.7%
fling bar services ltd Estimated Valuation
Pomanda estimates the enterprise value of FLING BAR SERVICES LTD at £103.4k based on a Turnover of £260.2k and 0.4x industry multiple (adjusted for size and gross margin).
fling bar services ltd Estimated Valuation
Pomanda estimates the enterprise value of FLING BAR SERVICES LTD at £0 based on an EBITDA of £-10.7k and a 3.13x industry multiple (adjusted for size and gross margin).
fling bar services ltd Estimated Valuation
Pomanda estimates the enterprise value of FLING BAR SERVICES LTD at £74 based on Net Assets of £143 and 0.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fling Bar Services Ltd Overview
Fling Bar Services Ltd is a live company located in stamford, PE9 1XP with a Companies House number of 04813332. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2003, it's largest shareholder is matthew wilkinson with a 83.3% stake. Fling Bar Services Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £260.2k with declining growth in recent years.
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Fling Bar Services Ltd Health Check
Pomanda's financial health check has awarded Fling Bar Services Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
1 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
8 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £260.2k, make it smaller than the average company (£3.7m)
- Fling Bar Services Ltd
£3.7m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (5.4%)
- Fling Bar Services Ltd
5.4% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 17.2%, this company has a higher cost of product (37.7%)
- Fling Bar Services Ltd
37.7% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -4.1% make it less profitable than the average company (5.9%)
- Fling Bar Services Ltd
5.9% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 3 employees, this is below the industry average (23)
3 - Fling Bar Services Ltd
23 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
- Fling Bar Services Ltd
£48.1k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £86.7k, this is less efficient (£153.7k)
- Fling Bar Services Ltd
£153.7k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 103 days, this is later than average (41 days)
- Fling Bar Services Ltd
41 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 108 days, this is slower than average (32 days)
- Fling Bar Services Ltd
32 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fling Bar Services Ltd
- - Industry AVG
![cashbalance](/assets/images/scoreRate-1.png)
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fling Bar Services Ltd
- - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (61.1%)
99.9% - Fling Bar Services Ltd
61.1% - Industry AVG
FLING BAR SERVICES LTD financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Fling Bar Services Ltd's latest turnover from November 2023 is estimated at £260.2 thousand and the company has net assets of £143. According to their latest financial statements, Fling Bar Services Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | 302 | 0 | |||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | 70,929 | 16,686 | |||||||||||||
Number Of Employees | 3 | 4 | 6 | 6 | 6 | 6 | 6 | 6 | 3 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,778 | 707 | 1,291 | 1,780 | 2,448 | 1,874 | 2,264 | 3,756 | 2,830 | 2,992 | 3,068 | 1,732 | 1,004 | 1,293 | 1,883 |
Intangible Assets | 0 | 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 | 5,893 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,778 | 707 | 1,291 | 1,780 | 2,448 | 1,874 | 2,264 | 3,756 | 2,830 | 8,885 | 3,068 | 1,732 | 1,004 | 1,293 | 1,883 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 73,650 | 109,700 | 91,004 | 97,053 | 100,089 | 54,748 | 73,144 | 35,950 | 48,523 | 29,353 | 24,211 | 12,624 | 8,411 | 11,734 | 39,253 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,375 | 27,507 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 24,941 | 108 | 14,588 | 604 | 0 | 0 | 0 | 943 | 1,110 | 0 | 0 | 0 | 316 | 1,951 | 1,065 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,093 | 7,886 | 11,558 | 8,573 | 7,322 | 9,707 | 2,839 | 833 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 98,591 | 109,808 | 105,592 | 97,657 | 100,089 | 54,748 | 73,144 | 93,361 | 85,026 | 40,911 | 32,784 | 19,946 | 18,434 | 16,524 | 41,151 |
total assets | 100,369 | 110,515 | 106,883 | 99,437 | 102,537 | 56,622 | 75,408 | 97,117 | 87,856 | 49,796 | 35,852 | 21,678 | 19,438 | 17,817 | 43,034 |
Bank overdraft | 0 | 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 | 0 |
Trade Creditors | 64,336 | 58,648 | 26,687 | 8,670 | 27,511 | 21,660 | 21,977 | 4,155 | 5,932 | 28,021 | 19,821 | 16,820 | 7,936 | 11,181 | 34,694 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,272 | 4,131 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 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 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,287 | 22,295 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 64,336 | 58,648 | 26,687 | 8,670 | 27,511 | 21,660 | 21,977 | 30,714 | 32,358 | 28,021 | 19,821 | 16,820 | 7,936 | 11,181 | 34,694 |
loans | 0 | 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 | 0 | 0 | 0 |
Accruals and Deferred Income | 1,325 | 1,200 | 13,745 | 1,200 | 1,200 | 1,200 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 34,565 | 39,839 | 44,983 | 50,000 | 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 | 0 |
total long term liabilities | 35,890 | 41,039 | 58,728 | 51,200 | 1,200 | 1,200 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 100,226 | 99,687 | 85,415 | 59,870 | 28,711 | 22,860 | 23,177 | 30,714 | 32,358 | 28,021 | 19,821 | 16,820 | 7,936 | 11,181 | 34,694 |
net assets | 143 | 10,828 | 21,468 | 39,567 | 73,826 | 33,762 | 52,231 | 66,403 | 55,498 | 21,775 | 16,031 | 4,858 | 11,502 | 6,636 | 8,340 |
total shareholders funds | 143 | 10,828 | 21,468 | 39,567 | 73,826 | 33,762 | 52,231 | 66,403 | 55,498 | 21,775 | 16,031 | 4,858 | 11,502 | 6,636 | 8,340 |
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 1,481 | 1,257 | 1,038 | 846 | 496 | 603 | 795 | 754 | |||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -11,217 | 4,216 | 7,935 | -2,432 | 45,341 | -18,396 | -12,124 | 8,128 | 47,787 | 5,142 | 11,587 | 3,897 | -4,958 | -26,633 | 40,318 |
Creditors | 5,688 | 31,961 | 18,017 | -18,841 | 5,851 | -317 | 17,822 | -1,777 | -22,089 | 8,200 | 3,001 | 8,884 | -3,245 | -23,513 | 34,694 |
Accruals and Deferred Income | 125 | -12,545 | 12,545 | 0 | 0 | 0 | -20,087 | -1,008 | 22,295 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,893 | 5,893 | 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 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -5,272 | 1,141 | 4,131 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 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 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -5,274 | -5,144 | -5,017 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -8,093 | 207 | -3,672 | 2,985 | 1,251 | -2,385 | 6,868 | 2,006 | 833 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -8,093 | 207 | -3,672 | 2,985 | 1,251 | -2,385 | 6,868 | 2,006 | 833 |
fling bar services ltd Credit Report and Business Information
Fling Bar Services Ltd Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for fling bar services ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in PE9 area or any other competitors across 12 key performance metrics.
fling bar services ltd Ownership
FLING BAR SERVICES LTD group structure
Fling Bar Services Ltd has no subsidiary companies.
Ultimate parent company
FLING BAR SERVICES LTD
04813332
fling bar services ltd directors
Fling Bar Services Ltd currently has 2 directors. The longest serving directors include Mr Matthew Wilkinson (Jun 2003) and Mr Matthew Wilkinson (Jun 2003).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Matthew Wilkinson | 48 years | Jun 2003 | - | Director | |
Mr Matthew Wilkinson | England | 48 years | Jun 2003 | - | Director |
P&L
November 2023turnover
260.2k
-18%
operating profit
-10.7k
0%
gross margin
17.2%
-1.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
143
-0.99%
total assets
100.4k
-0.09%
cash
0
0%
net assets
Total assets minus all liabilities
fling bar services ltd company details
company number
04813332
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2003
age
21
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
November 2023
address
7 carlton house, gwash way, stamford, PE9 1XP
accountant
BROOKS & PARTNERS ACCOUNTANTS LTD
auditor
-
fling bar services 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 did not find charges/mortgages relating to fling bar services ltd.
![charges](/assets/images/company_charges.png)
fling bar services ltd Companies House Filings - See Documents
date | description | view/download |
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