future cleaning services limited
future cleaning services limited Company Information
Company Number
05065194
Website
http://fccsltd.comRegistered Address
1 radian court, knowlhill, milton keynes, MK5 8PJ
Industry
Specialised cleaning services
Telephone
01904788050
Next Accounts Due
533 days late
Group Structure
View All
Shareholders
bidvest noonan (uk) limited 100%
future cleaning services limited Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CLEANING SERVICES LIMITED at £17.8m based on a Turnover of £15.5m and 1.15x industry multiple (adjusted for size and gross margin).
future cleaning services limited Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CLEANING SERVICES LIMITED at £0 based on an EBITDA of £-4.4m and a 7.81x industry multiple (adjusted for size and gross margin).
future cleaning services limited Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CLEANING SERVICES LIMITED at £0 based on Net Assets of £-876k and 1.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Future Cleaning Services Limited Overview
Future Cleaning Services Limited is a live company located in milton keynes, MK5 8PJ with a Companies House number of 05065194. It operates in the specialised cleaning services sector, SIC Code 81222. Founded in March 2004, it's largest shareholder is bidvest noonan (uk) limited with a 100% stake. Future Cleaning Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £15.5m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Future Cleaning Services Limited Health Check
Pomanda's financial health check has awarded Future Cleaning Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
3 Weak
Size
annual sales of £15.5m, make it larger than the average company (£535.4k)
- Future Cleaning Services Limited
£535.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (3%)
- Future Cleaning Services Limited
3% - Industry AVG
Production
with a gross margin of 34.4%, this company has a comparable cost of product (34.4%)
- Future Cleaning Services Limited
34.4% - Industry AVG
Profitability
an operating margin of -30.7% make it less profitable than the average company (6.9%)
- Future Cleaning Services Limited
6.9% - Industry AVG
Employees
with 492 employees, this is above the industry average (16)
492 - Future Cleaning Services Limited
16 - Industry AVG
Pay Structure
on an average salary of £20.6k, the company has an equivalent pay structure (£20.6k)
- Future Cleaning Services Limited
£20.6k - Industry AVG
Efficiency
resulting in sales per employee of £31.6k, this is equally as efficient (£31.6k)
- Future Cleaning Services Limited
£31.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Future Cleaning Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Future Cleaning Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Future Cleaning Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Future Cleaning Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1752.8%, this is a higher level of debt than the average (66.5%)
1752.8% - Future Cleaning Services Limited
66.5% - Industry AVG
FUTURE CLEANING SERVICES LIMITED financials
Future Cleaning Services Limited's latest turnover from June 2021 is estimated at £15.5 million and the company has net assets of -£876 thousand. According to their latest financial statements, Future Cleaning Services Limited has 492 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2021 | Jun 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 32,257,252 | 25,407,098 | 20,433,186 | 16,319,094 | 14,974,734 | 12,348,904 | 9,332,657 | 8,137,101 | 9,054,947 | 9,390,492 | 7,930,827 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 24,220,729 | 17,349,778 | 13,425,989 | 10,644,495 | 9,411,725 | 7,780,974 | 5,824,389 | 5,123,783 | 5,869,426 | 6,201,743 | 5,185,906 | |
| Gross Profit | 8,036,523 | 8,057,320 | 7,007,197 | 5,674,599 | 5,563,009 | 4,567,930 | 3,508,268 | 3,013,318 | 3,185,521 | 3,188,749 | 2,744,921 | |
| Admin Expenses | 8,897,586 | 6,070,107 | 5,048,994 | 5,234,830 | 4,907,686 | 3,987,799 | 3,085,967 | 2,646,016 | 2,902,934 | 2,418,766 | 2,193,219 | |
| Operating Profit | -861,063 | 1,987,213 | 1,958,203 | 439,769 | 655,323 | 580,131 | 422,301 | 367,302 | 282,587 | 769,983 | 551,702 | |
| Interest Payable | 80,922 | 60,575 | 65,358 | 77,342 | 76,686 | 47,934 | 32,566 | 23,089 | 33,439 | 39,218 | 28,347 | |
| Interest Receivable | 533 | 18,088 | 250 | 0 | 0 | 5 | 0 | 73 | 2,843 | 17 | ||
| Pre-Tax Profit | -941,452 | 1,927,461 | 1,910,933 | 362,677 | 578,637 | 516,038 | 389,740 | 344,213 | 249,221 | 733,611 | 523,372 | |
| Tax | -77,084 | -388,469 | -357,499 | -88,301 | -124,921 | -113,747 | -85,673 | -79,825 | -58,739 | -214,101 | -151,736 | |
| Profit After Tax | -1,018,536 | 1,538,992 | 1,553,434 | 274,376 | 453,716 | 402,291 | 304,067 | 264,388 | 190,482 | 519,510 | 371,636 | |
| Dividends Paid | 190,000 | 14,000 | 680,445 | 0 | 20,000 | 66,677 | 121,812 | 121,812 | 180,241 | 295,427 | 146,982 | |
| Retained Profit | -1,208,536 | 1,524,992 | 872,989 | 246,981 | 407,128 | 314,021 | 168,024 | 132,838 | -8,975 | 207,088 | 223,891 | |
| Employee Costs | 26,492,457 | 19,493,410 | 15,882,154 | 12,125,585 | 10,674,848 | 8,956,597 | 7,013,608 | 6,224,013 | 7,151,530 | 7,159,827 | 6,097,537 | |
| Number Of Employees | 492 | 3,002 | 2,582 | 2,199 | 1,794 | 1,794 | 1,700 | 1,000 | 1,000 | 1,000 | 1,200 | 1,200 |
| EBITDA* | -7,471 | 2,701,761 | 2,611,654 | 965,970 | 1,106,108 | 905,215 | 671,211 | 567,011 | 526,970 | 933,984 | 669,511 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2021 | Jun 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 53,000 | 2,791,233 | 3,196,572 | 2,477,094 | 2,289,424 | 2,236,228 | 1,716,454 | 1,209,909 | 738,298 | 795,385 | 675,358 | 682,786 |
| Intangible Assets | 0 | 0 | 98,252 | 110,545 | 122,838 | 135,131 | 147,424 | 159,717 | 172,010 | 184,303 | 196,596 | 208,889 |
| Investments & Other | 0 | 357,149 | 0 | 80,000 | 80,000 | 80,000 | 77,000 | 77,000 | 77,000 | 77,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 53,000 | 3,148,382 | 3,294,824 | 2,667,639 | 2,492,262 | 2,451,359 | 1,940,878 | 1,446,626 | 987,308 | 1,056,688 | 871,954 | 891,675 |
| Stock & work in progress | 0 | 2,500 | 8,195 | 8,195 | 8,195 | 8,195 | 8,195 | 8,195 | 8,195 | 8,195 | 8,195 | 8,195 |
| Trade Debtors | 0 | 523,264 | 3,497,727 | 2,864,085 | 2,220,205 | 1,221,456 | 1,290,997 | 1,221,202 | 713,368 | 945,862 | 959,743 | 862,559 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 2,644,954 | 0 | 1,677,588 | 1,352,279 | 1,677,621 | 1,078,879 | 638,799 | 555,007 | 536,023 | 516,611 | 696,002 |
| Cash | 0 | 1,894,859 | 445,449 | 165,509 | 91,884 | 367,776 | 674,307 | 60,275 | 422,133 | 233,421 | 701,926 | 169,727 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 445,676 | 264,135 | 154,804 | 150,825 | 90,207 | 93,197 |
| total current assets | 0 | 5,065,577 | 6,220,442 | 4,715,377 | 3,672,563 | 3,275,048 | 3,498,054 | 2,192,606 | 1,853,507 | 1,874,326 | 2,276,682 | 1,829,680 |
| total assets | 53,000 | 8,213,959 | 9,515,266 | 7,383,016 | 6,164,825 | 5,726,407 | 5,438,932 | 3,639,232 | 2,840,815 | 2,931,014 | 3,148,636 | 2,721,355 |
| Bank overdraft | 0 | 0 | 0 | 580,291 | 315,371 | 48,418 | 154,017 | 29,599 | 21,480 | 0 | 41,873 | 16,874 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 76,112 | 111,392 | 30,907 | 40,716 | 60,021 | 120,786 | 194,777 |
| Trade Creditors | 0 | 124,359 | 470,252 | 350,060 | 358,685 | 311,924 | 444,231 | 357,107 | 202,790 | 290,289 | 140,336 | 145,151 |
| Group/Directors Accounts | 929,000 | 1,132,801 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 566,897 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 1,097,470 | 0 | 417,809 | 366,008 | 408,496 | 329,852 | 222,049 | 123,618 | 194,979 | 88,694 | 82,906 |
| other current liabilities | 0 | 1,850,748 | 0 | 1,976,591 | 1,901,866 | 1,856,057 | 1,833,652 | 942,663 | 851,432 | 823,086 | 1,223,017 | 827,721 |
| total current liabilities | 929,000 | 4,205,378 | 3,796,511 | 3,324,751 | 2,941,930 | 2,701,007 | 2,873,144 | 1,582,325 | 1,240,036 | 1,368,375 | 1,614,706 | 1,267,429 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 202,182 | 17,759 | 43,877 | 84,539 | 138,914 | 252,098 |
| hp & lease commitments | 0 | 0 | 0 | 504,007 | 496,787 | 602,929 | 433,181 | 329,196 | 74,730 | 145,362 | 84,988 | 118,244 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 113,889 | 0 | 203,868 | 248,721 | 219,460 | 161,131 | 78,772 | 33,247 | 26,389 | 26,537 | 24,176 |
| total long term liabilities | 0 | 113,889 | 843,559 | 707,875 | 745,508 | 822,389 | 796,494 | 425,727 | 151,854 | 256,290 | 250,439 | 394,518 |
| total liabilities | 929,000 | 4,319,267 | 4,640,070 | 4,032,626 | 3,687,438 | 3,523,396 | 3,669,638 | 2,008,052 | 1,391,890 | 1,624,665 | 1,865,145 | 1,661,947 |
| net assets | -876,000 | 3,894,692 | 4,875,196 | 3,350,390 | 2,338,960 | 2,091,979 | 1,684,851 | 1,568,330 | 1,400,306 | 1,267,468 | 1,263,826 | 1,056,738 |
| total shareholders funds | -876,000 | 3,894,692 | 4,875,196 | 3,350,390 | 2,338,960 | 2,091,979 | 1,684,851 | 1,568,330 | 1,400,306 | 1,267,468 | 1,263,826 | 1,056,738 |
| Jun 2021 | Jun 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -861,063 | 1,987,213 | 1,958,203 | 439,769 | 655,323 | 580,131 | 422,301 | 367,302 | 282,587 | 769,983 | 551,702 | |
| Depreciation | 334,000 | 853,592 | 714,548 | 641,158 | 513,908 | 438,492 | 312,791 | 236,617 | 187,416 | 232,090 | 164,001 | 117,809 |
| Amortisation | 0 | 0 | 12,293 | 12,293 | 12,293 | 12,293 | 12,293 | 12,293 | 12,293 | 0 | 0 | |
| Tax | -77,084 | -388,469 | -357,499 | -88,301 | -124,921 | -113,747 | -85,673 | -79,825 | -58,739 | -214,101 | -151,736 | |
| Stock | -2,500 | -5,695 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,195 |
| Debtors | -3,168,218 | -329,509 | -1,043,946 | 969,189 | 673,407 | 529,201 | 509,875 | 591,626 | -213,510 | 5,531 | -82,207 | 1,558,561 |
| Creditors | -124,359 | -345,893 | 120,192 | -8,625 | 46,761 | -132,307 | 87,124 | 154,317 | -87,499 | 149,953 | -4,815 | 145,151 |
| Accruals and Deferred Income | -1,850,748 | 1,850,748 | -1,976,591 | 74,725 | 45,809 | 22,405 | 890,989 | 91,231 | 28,346 | -399,931 | 395,296 | 827,721 |
| Deferred Taxes & Provisions | -113,889 | 113,889 | -203,868 | -44,853 | 29,261 | 58,329 | 82,359 | 45,525 | 6,858 | -148 | 2,361 | 24,176 |
| Cash flow from operations | 1,869,393 | 1,306,213 | 326,093 | 400,413 | 1,342,065 | 284,985 | 648,401 | 212,574 | 1,194,932 | -51,933 | ||
| Investing Activities | ||||||||||||
| capital expenditure | -853,846 | -577,530 | -926,018 | -274,062 | -141,752 | -55,248 | -45,417 | -65,996 | -12,877 | |||
| Change in Investments | -357,149 | 357,149 | -80,000 | 0 | 0 | 3,000 | 0 | 0 | 0 | 77,000 | 0 | 0 |
| cash flow from investments | -853,846 | -577,530 | -929,018 | -274,062 | -141,752 | -55,248 | -122,417 | -65,996 | -12,877 | |||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | -76,112 | -35,280 | 80,485 | -9,809 | -19,305 | -60,765 | -73,991 | 194,777 |
| Group/Directors Accounts | -203,801 | 1,132,801 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -566,897 | 566,897 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -202,182 | 184,423 | -26,118 | -40,662 | -54,375 | -113,184 | 252,098 |
| Hire Purchase and Lease Commitments | -1,097,470 | 1,097,470 | -921,816 | 59,021 | -148,630 | 248,392 | 211,788 | 352,897 | -141,993 | 166,659 | -27,468 | 201,150 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -80,389 | -47,270 | -77,092 | -76,686 | -47,934 | -32,561 | -23,089 | -33,366 | -36,375 | -28,330 | ||
| cash flow from financing | 1,811,017 | 150,192 | -301,834 | -65,756 | 231,262 | 284,409 | -225,049 | 30,770 | -251,018 | 1,452,542 | ||
| cash and cash equivalents | ||||||||||||
| cash | -1,894,859 | 1,449,410 | 279,940 | 73,625 | -275,892 | -306,531 | 614,032 | -361,858 | 188,712 | -468,505 | 532,199 | 169,727 |
| overdraft | 0 | 0 | -580,291 | 264,920 | 266,953 | -105,599 | 124,418 | 8,119 | 21,480 | -41,873 | 24,999 | 16,874 |
| change in cash | -1,894,859 | 1,449,410 | 860,231 | -191,295 | -542,845 | -200,932 | 489,614 | -369,977 | 167,232 | -426,632 | 507,200 | 152,853 |
future cleaning services limited Credit Report and Business Information
Future Cleaning Services Limited Competitor Analysis
Perform a competitor analysis for future cleaning services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in MK5 area or any other competitors across 12 key performance metrics.
future cleaning services limited Ownership
FUTURE CLEANING SERVICES LIMITED group structure
Future Cleaning Services Limited has 2 subsidiary companies.
Ultimate parent company
FUTURE CLEANING SERVICES LIMITED
05065194
2 subsidiaries
future cleaning services limited directors
Future Cleaning Services Limited currently has 3 directors. The longest serving directors include Mr Declan Doyle (Sep 2019) and Mr Declan Doyle (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Declan Doyle | United Kingdom | 44 years | Sep 2019 | - | Director |
| Mr Declan Doyle | Ireland | 44 years | Sep 2019 | - | Director |
| Ms Una Ni Mhurchu | Ireland | 41 years | Aug 2022 | - | Director |
P&L
June 2021turnover
15.5m
-52%
operating profit
-4.8m
0%
gross margin
34.4%
+38.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
-876k
-1.22%
total assets
53k
-0.99%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
future cleaning services limited company details
company number
05065194
Type
Private limited with Share Capital
industry
81222 - Specialised cleaning services
incorporation date
March 2004
age
20
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2021
address
1 radian court, knowlhill, milton keynes, MK5 8PJ
accountant
-
auditor
-
future cleaning services 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 2 charges/mortgages relating to future cleaning services limited. Currently there are 0 open charges and 2 have been satisfied in the past.
future cleaning services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
