original fabrics limited Company Information
Company Number
05017618
Website
www.originalfabrics.co.ukRegistered Address
unit b knowsley park way, knowsley road industrial estate, haslingden, lancashire, BB4 4RS
Industry
Wholesale of textiles
Telephone
01706318030
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
original fabrics (wholesale) limited 100%
original fabrics limited Estimated Valuation
Pomanda estimates the enterprise value of ORIGINAL FABRICS LIMITED at £2.4m based on a Turnover of £6.7m and 0.35x industry multiple (adjusted for size and gross margin).
original fabrics limited Estimated Valuation
Pomanda estimates the enterprise value of ORIGINAL FABRICS LIMITED at £1.3m based on an EBITDA of £268.1k and a 4.84x industry multiple (adjusted for size and gross margin).
original fabrics limited Estimated Valuation
Pomanda estimates the enterprise value of ORIGINAL FABRICS LIMITED at £2.4m based on Net Assets of £1.3m and 1.85x industry multiple (adjusted for liquidity).
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Original Fabrics Limited Overview
Original Fabrics Limited is a live company located in haslingden, BB4 4RS with a Companies House number of 05017618. It operates in the wholesale of textiles sector, SIC Code 46410. Founded in January 2004, it's largest shareholder is original fabrics (wholesale) limited with a 100% stake. Original Fabrics Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.7m with high growth in recent years.
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Original Fabrics Limited Health Check
Pomanda's financial health check has awarded Original Fabrics Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £6.7m, make it smaller than the average company (£14.8m)
- Original Fabrics Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (3.9%)
- Original Fabrics Limited
3.9% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- Original Fabrics Limited
26.6% - Industry AVG
Profitability
an operating margin of 3.8% make it as profitable than the average company (4.4%)
- Original Fabrics Limited
4.4% - Industry AVG
Employees
with 10 employees, this is below the industry average (43)
10 - Original Fabrics Limited
43 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- Original Fabrics Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £671.3k, this is more efficient (£327.9k)
- Original Fabrics Limited
£327.9k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (50 days)
- Original Fabrics Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (31 days)
- Original Fabrics Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 79 days, this is less than average (107 days)
- Original Fabrics Limited
107 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (11 weeks)
15 weeks - Original Fabrics Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.4%, this is a similar level of debt than the average (61%)
62.4% - Original Fabrics Limited
61% - Industry AVG
ORIGINAL FABRICS LIMITED financials
Original Fabrics Limited's latest turnover from February 2023 is estimated at £6.7 million and the company has net assets of £1.3 million. According to their latest financial statements, Original Fabrics Limited has 10 employees and maintains cash reserves of £655.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 10 | 9 | 10 | 12 | 11 | 11 | 12 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 90,115 | 75,595 | 62,944 | 66,337 | 71,233 | 54,324 | 27,200 | 33,245 | 24,890 | 26,376 | 36,226 | 22,558 | 24,618 | 16,358 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 90,000 | 135,000 | 180,000 |
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 | 90,115 | 75,595 | 62,944 | 66,337 | 71,233 | 54,324 | 27,200 | 33,245 | 24,890 | 26,376 | 36,226 | 112,558 | 159,618 | 196,358 |
Stock & work in progress | 1,070,978 | 973,140 | 901,306 | 708,486 | 767,399 | 885,797 | 832,577 | 707,870 | 638,970 | 1,316,405 | 828,477 | 617,087 | 535,690 | 454,948 |
Trade Debtors | 1,437,964 | 857,250 | 583,034 | 696,434 | 788,191 | 918,142 | 911,190 | 1,047,440 | 1,129,183 | 1,258,560 | 919,641 | 962,633 | 916,277 | 809,394 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 242,072 | 176,901 | 179,938 | 222,338 | 305,143 | 279,900 | 255,871 | 49,784 | 0 | 18,646 | 0 | 0 | 3,723 | 67,547 |
Cash | 655,416 | 1,166,789 | 472,116 | 356,776 | 224,110 | 11,787 | 195,604 | 263,638 | 208,357 | 118,422 | 350 | 130,790 | 106,588 | 195,037 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,406,430 | 3,174,080 | 2,136,394 | 1,984,034 | 2,084,843 | 2,095,626 | 2,195,242 | 2,068,732 | 1,976,510 | 2,712,033 | 1,748,468 | 1,710,510 | 1,562,278 | 1,526,926 |
total assets | 3,496,545 | 3,249,675 | 2,199,338 | 2,050,371 | 2,156,076 | 2,149,950 | 2,222,442 | 2,101,977 | 2,001,400 | 2,738,409 | 1,784,694 | 1,823,068 | 1,721,896 | 1,723,284 |
Bank overdraft | 0 | 50,000 | 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 | 1,013,376 | 791,331 | 516,332 | 463,493 | 659,746 | 643,486 | 600,292 | 455,317 | 722,010 | 1,727,232 | 1,077,202 | 1,173,484 | 1,134,813 | 1,014,626 |
Group/Directors Accounts | 0 | 0 | 9,252 | 0 | 978 | 9 | 0 | 0 | 0 | 0 | 388 | 19,105 | 0 | 0 |
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 | 0 | 0 | 0 |
other current liabilities | 1,147,239 | 1,053,963 | 264,110 | 239,016 | 56,388 | 70,650 | 125,312 | 184,581 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 2,160,615 | 1,895,294 | 789,694 | 702,509 | 717,112 | 714,145 | 725,604 | 639,898 | 722,010 | 1,727,232 | 1,077,590 | 1,192,589 | 1,134,813 | 1,014,626 |
loans | 0 | 250,000 | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 6,493 | 72,029 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 588 |
provisions | 22,480 | 14,317 | 12,301 | 12,301 | 13,099 | 10,758 | 4,374 | 5,016 | 4,783 | 4,624 | 4,888 | 3,129 | 3,085 | 728 |
total long term liabilities | 22,480 | 264,317 | 18,794 | 84,330 | 13,099 | 10,758 | 4,374 | 5,016 | 4,783 | 4,624 | 4,888 | 3,129 | 3,085 | 1,316 |
total liabilities | 2,183,095 | 2,159,611 | 808,488 | 786,839 | 730,211 | 724,903 | 729,978 | 644,914 | 726,793 | 1,731,856 | 1,082,478 | 1,195,718 | 1,137,898 | 1,015,942 |
net assets | 1,313,450 | 1,090,064 | 1,390,850 | 1,263,532 | 1,425,865 | 1,425,047 | 1,492,464 | 1,457,063 | 1,274,607 | 1,006,553 | 702,216 | 627,350 | 583,998 | 707,342 |
total shareholders funds | 1,313,450 | 1,090,064 | 1,390,850 | 1,263,532 | 1,425,865 | 1,425,047 | 1,492,464 | 1,457,063 | 1,274,607 | 1,006,553 | 702,216 | 627,350 | 583,998 | 707,342 |
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 13,784 | 16,069 | 11,221 | 13,012 | 10,679 | 16,083 | 8,372 | 8,026 | 6,986 | 11,320 | 9,747 | 6,839 | 5,355 | 4,985 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 90,000 | 45,000 | 45,000 | 45,000 |
Tax | ||||||||||||||
Stock | 97,838 | 71,834 | 192,820 | -58,913 | -118,398 | 53,220 | 124,707 | 68,900 | -677,435 | 487,928 | 211,390 | 81,397 | 80,742 | 454,948 |
Debtors | 645,885 | 271,179 | -155,800 | -174,562 | -104,708 | 30,981 | 69,837 | -31,959 | -148,023 | 357,565 | -42,992 | 42,633 | 43,059 | 876,941 |
Creditors | 222,045 | 274,999 | 52,839 | -196,253 | 16,260 | 43,194 | 144,975 | -266,693 | -1,005,222 | 650,030 | -96,282 | 38,671 | 120,187 | 1,014,626 |
Accruals and Deferred Income | 93,276 | 789,853 | 25,094 | 182,628 | -14,262 | -54,662 | -59,269 | 184,581 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 8,163 | 2,016 | 0 | -798 | 2,341 | 6,384 | -642 | 233 | 159 | -264 | 1,759 | 44 | 2,357 | 728 |
Cash flow from operations | ||||||||||||||
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 | 0 | -9,252 | 9,252 | -978 | 969 | 9 | 0 | 0 | 0 | -388 | -18,717 | 19,105 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -250,000 | 250,000 | 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 |
other long term liabilities | 0 | -6,493 | -65,536 | 72,029 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -588 | 588 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -511,373 | 694,673 | 115,340 | 132,666 | 212,323 | -183,817 | -68,034 | 55,281 | 89,935 | 118,072 | -130,440 | 24,202 | -88,449 | 195,037 |
overdraft | -50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -461,373 | 644,673 | 115,340 | 132,666 | 212,323 | -183,817 | -68,034 | 55,281 | 89,935 | 118,072 | -130,440 | 24,202 | -88,449 | 195,037 |
original fabrics limited Credit Report and Business Information
Original Fabrics Limited Competitor Analysis
Perform a competitor analysis for original fabrics limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
original fabrics limited Ownership
ORIGINAL FABRICS LIMITED group structure
Original Fabrics Limited has no subsidiary companies.
Ultimate parent company
1 parent
ORIGINAL FABRICS LIMITED
05017618
original fabrics limited directors
Original Fabrics Limited currently has 4 directors. The longest serving directors include Mr Simon Hargreaves (Jan 2004) and Mrs Alison Hargreaves (Jul 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Simon Hargreaves | England | 59 years | Jan 2004 | - | Director |
Mrs Alison Hargreaves | 58 years | Jul 2010 | - | Director | |
Mr David Gilrane | England | 61 years | Mar 2013 | - | Director |
Mr Thomas Hargreaves | England | 35 years | Jul 2015 | - | Director |
P&L
February 2023turnover
6.7m
+53%
operating profit
254.3k
0%
gross margin
26.6%
-4.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
1.3m
+0.2%
total assets
3.5m
+0.08%
cash
655.4k
-0.44%
net assets
Total assets minus all liabilities
original fabrics limited company details
company number
05017618
Type
Private limited with Share Capital
industry
46410 - Wholesale of textiles
incorporation date
January 2004
age
20
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
unit b knowsley park way, knowsley road industrial estate, haslingden, lancashire, BB4 4RS
last accounts submitted
February 2023
original fabrics 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 4 charges/mortgages relating to original fabrics limited. Currently there are 1 open charges and 3 have been satisfied in the past.
original fabrics limited Companies House Filings - See Documents
date | description | view/download |
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