established & sons limited
established & sons limited Company Information
Company Number
05253867
Next Accounts
Sep 2025
Shareholders
ramzi wakim
grand vantage (china) limited
View AllGroup Structure
View All
Industry
Manufacture of other furniture
Registered Address
unit 2-3, culford house, 1-7 orsman road, london, N1 5RA
Website
www.establishedandsons.comestablished & sons limited Estimated Valuation
Pomanda estimates the enterprise value of ESTABLISHED & SONS LIMITED at £532.1k based on a Turnover of £1.8m and 0.3x industry multiple (adjusted for size and gross margin).
established & sons limited Estimated Valuation
Pomanda estimates the enterprise value of ESTABLISHED & SONS LIMITED at £0 based on an EBITDA of £-1.4m and a 3.2x industry multiple (adjusted for size and gross margin).
established & sons limited Estimated Valuation
Pomanda estimates the enterprise value of ESTABLISHED & SONS LIMITED at £1.4m based on Net Assets of £753.6k and 1.82x industry multiple (adjusted for liquidity).
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Established & Sons Limited Overview
Established & Sons Limited is a live company located in london, N1 5RA with a Companies House number of 05253867. It operates in the manufacture of other furniture sector, SIC Code 31090. Founded in October 2004, it's largest shareholder is ramzi wakim with a 35% stake. Established & Sons Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with declining growth in recent years.
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Established & Sons Limited Health Check
Pomanda's financial health check has awarded Established & Sons Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£12.2m)
- Established & Sons Limited
£12.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (8%)
- Established & Sons Limited
8% - Industry AVG
Production
with a gross margin of 31.2%, this company has a comparable cost of product (31.2%)
- Established & Sons Limited
31.2% - Industry AVG
Profitability
an operating margin of -76.4% make it less profitable than the average company (3.9%)
- Established & Sons Limited
3.9% - Industry AVG
Employees
with 13 employees, this is below the industry average (87)
13 - Established & Sons Limited
87 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Established & Sons Limited
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £137.1k, this is equally as efficient (£130.3k)
- Established & Sons Limited
£130.3k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (44 days)
- Established & Sons Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (40 days)
- Established & Sons Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 191 days, this is more than average (44 days)
- Established & Sons Limited
44 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (14 weeks)
58 weeks - Established & Sons Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.2%, this is a lower level of debt than the average (55.7%)
41.2% - Established & Sons Limited
55.7% - Industry AVG
ESTABLISHED & SONS LIMITED financials
Established & Sons Limited's latest turnover from December 2023 is estimated at £1.8 million and the company has net assets of £753.6 thousand. According to their latest financial statements, Established & Sons Limited has 13 employees and maintains cash reserves of £271.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 2,518 | 1,979,000 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 2,608 | 1,825,000 | |||||||||||||
| Gross Profit | -90 | 154,000 | |||||||||||||
| Admin Expenses | 2,503 | 3,240,000 | |||||||||||||
| Operating Profit | -2,593 | -3,086,000 | |||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -2,593 | -3,086,000 | |||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | -2,593 | -3,086,000 | |||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -2,593 | -3,086,000 | |||||||||||||
| Employee Costs | 659 | 775,000 | |||||||||||||
| Number Of Employees | 13 | 9 | 9 | 9 | 9 | 9 | 11 | 7 | 6 | 20 | 25 | ||||
| EBITDA* | -2,477 | -2,831,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 3,370 | 6,409 | 13,174 | 27,619 | 43,457 | 63,171 | 77,332 | 25,051 | 30,133 | 60,108 | 79,579 | 122,153 | 140,047 | 237,885 | 318,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 1 | 1 | 1 | 1 | |||||||||||
| Debtors (Due After 1 year) | 165,000 | ||||||||||||||
| Total Fixed Assets | 3,371 | 6,410 | 13,175 | 27,620 | 43,457 | 63,171 | 77,332 | 25,051 | 30,133 | 60,108 | 79,579 | 122,153 | 140,047 | 237,885 | 483,000 |
| Stock & work in progress | 643,790 | 643,790 | 470,230 | 475,895 | 681,270 | 631,510 | 639,250 | 517,090 | 413,438 | 717,193 | 1,046,766 | 1,038,102 | 1,237,103 | 1,064,267 | 1,254,000 |
| Trade Debtors | 120,584 | 634,631 | 472,778 | 394,367 | 141,358 | 81,514 | 294,106 | 112,827 | 367,078 | 380,850 | 529,700 | 553,668 | 737,218 | 601,000 | |
| Group Debtors | 15,000 | ||||||||||||||
| Misc Debtors | 241,550 | 66,791 | 33,487 | 13,982 | 45,393 | 241,606 | 330,711 | 213,000 | |||||||
| Cash | 271,288 | 90,802 | 92,624 | 125,787 | 156,046 | 104,042 | 177,348 | 268,632 | 66,716 | 72,314 | 149,232 | 64,384 | 79,697 | 132,790 | 467,000 |
| misc current assets | 63,041 | 61,758 | 38,225 | ||||||||||||
| total current assets | 1,277,212 | 1,436,014 | 1,069,119 | 1,010,031 | 1,024,067 | 880,107 | 1,172,462 | 1,065,553 | 923,692 | 1,156,585 | 1,576,848 | 1,632,186 | 1,870,468 | 1,934,275 | 2,550,000 |
| total assets | 1,280,583 | 1,442,424 | 1,082,294 | 1,037,651 | 1,067,524 | 943,278 | 1,249,794 | 1,090,604 | 953,825 | 1,216,693 | 1,656,427 | 1,754,339 | 2,010,515 | 2,172,160 | 3,033,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 241,804 | 198,206 | 505,992 | 623,296 | 371,289 | 456,041 | 715,420 | 645,789 | 992,715 | 1,325,124 | 1,126,577 | 1,599,080 | 1,531,955 | 1,516,208 | 437,000 |
| Group/Directors Accounts | 42,000 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 329,665 | 466,000 | |||||||||||||
| total current liabilities | 241,804 | 198,206 | 505,992 | 623,296 | 371,289 | 456,041 | 715,420 | 645,789 | 1,322,380 | 1,325,124 | 1,126,577 | 1,599,080 | 1,531,955 | 1,516,208 | 945,000 |
| loans | 619,112 | 14,774,539 | 7,039,000 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 6,000 | 3,118 | 19,230 | 77,272 | 123,450 | 77,383 | 87,407 | ||||||||
| other liabilities | 279,167 | 4,522,861 | 3,208,975 | 2,459,912 | 1,888,912 | 1,348,872 | 1,549,052 | 14,514,647 | 14,048,647 | 13,359,520 | 12,915,518 | 11,240,518 | 3,040,000 | ||
| provisions | |||||||||||||||
| total long term liabilities | 285,167 | 4,522,861 | 3,212,093 | 2,479,142 | 1,966,184 | 1,472,322 | 1,626,435 | 706,519 | 14,774,539 | 14,514,647 | 14,048,647 | 13,359,520 | 12,915,518 | 11,240,518 | 10,079,000 |
| total liabilities | 526,971 | 4,721,067 | 3,718,085 | 3,102,438 | 2,337,473 | 1,928,363 | 2,341,855 | 1,352,308 | 16,096,919 | 15,839,771 | 15,175,224 | 14,958,600 | 14,447,473 | 12,756,726 | 11,024,000 |
| net assets | 753,612 | -3,278,643 | -2,635,791 | -2,064,787 | -1,269,949 | -985,085 | -1,092,061 | -261,704 | -15,143,094 | -14,623,078 | -13,518,797 | -13,204,261 | -12,436,958 | -10,584,566 | -7,991,000 |
| total shareholders funds | 753,612 | -3,278,643 | -2,635,791 | -2,064,787 | -1,269,949 | -985,085 | -1,092,061 | -261,704 | -15,143,094 | -14,623,078 | -13,518,797 | -13,204,261 | -12,436,958 | -10,584,566 | -7,991,000 |
| Dec 2023 | 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 | -2,593 | -3,086,000 | |||||||||||||
| Depreciation | 3,039 | 10,749 | 15,504 | 20,902 | 30,579 | 24,886 | 26,208 | 26,209 | 39,163 | 56,579 | 65,920 | 90,313 | 116 | 255,000 | |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 173,560 | -5,665 | -205,375 | 49,760 | -7,740 | 122,160 | 103,652 | -303,755 | -329,573 | 8,664 | -199,001 | 172,836 | -189,733 | 1,254,000 | |
| Debtors | -339,288 | 195,157 | 97,916 | 221,598 | 105,237 | -212,592 | 52,500 | -201,932 | 76,460 | -13,772 | -148,850 | -23,968 | -183,550 | -256,782 | 994,000 |
| Creditors | 43,598 | -307,786 | -117,304 | 252,007 | -84,752 | -259,379 | 69,631 | -346,926 | -332,409 | 198,547 | -472,503 | 67,125 | 15,747 | 1,079,208 | 437,000 |
| Accruals and Deferred Income | 6,000 | -3,118 | -16,112 | -58,042 | -46,178 | 46,067 | -10,024 | -242,258 | 329,665 | -466,000 | 466,000 | ||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 1,057,246 | -4,176,000 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -37 | -55,000 | |||||||||||||
| Change in Investments | 1 | ||||||||||||||
| cash flow from investments | -37 | -55,000 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -42,000 | 42,000 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -619,112 | -14,155,427 | 14,774,539 | -7,039,000 | 7,039,000 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -4,243,694 | 1,313,886 | 749,063 | 571,000 | 540,040 | -200,180 | 1,549,052 | -14,514,647 | 466,000 | 689,127 | 444,002 | 1,675,000 | 8,200,518 | 3,040,000 | |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -1,471,455 | 5,216,000 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 180,486 | -1,822 | -33,163 | -30,259 | 52,004 | -73,306 | -91,284 | 201,916 | -5,598 | -76,918 | 84,848 | -15,313 | -53,093 | -334,210 | 467,000 |
| overdraft | |||||||||||||||
| change in cash | 180,486 | -1,822 | -33,163 | -30,259 | 52,004 | -73,306 | -91,284 | 201,916 | -5,598 | -76,918 | 84,848 | -15,313 | -53,093 | -334,210 | 467,000 |
established & sons limited Credit Report and Business Information
Established & Sons Limited Competitor Analysis
Perform a competitor analysis for established & sons limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in N 1 area or any other competitors across 12 key performance metrics.
established & sons limited Ownership
ESTABLISHED & SONS LIMITED group structure
Established & Sons Limited has no subsidiary companies.
Ultimate parent company
ESTABLISHED & SONS LIMITED
05253867
established & sons limited directors
Established & Sons Limited currently has 3 directors. The longest serving directors include Mr Ramzi Wakim (Mar 2016) and Gang Wu (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ramzi Wakim | Switzerland | 44 years | Mar 2016 | - | Director |
| Gang Wu | China | 43 years | Dec 2023 | - | Director |
| Yu Wang | China | 35 years | Dec 2023 | - | Director |
P&L
December 2023turnover
1.8m
-36%
operating profit
-1.4m
0%
gross margin
31.2%
-0.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
753.6k
-1.23%
total assets
1.3m
-0.11%
cash
271.3k
+1.99%
net assets
Total assets minus all liabilities
established & sons limited company details
company number
05253867
Type
Private limited with Share Capital
industry
31090 - Manufacture of other furniture
incorporation date
October 2004
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
furnitureco limited (May 2005)
accountant
-
auditor
-
address
unit 2-3, culford house, 1-7 orsman road, london, N1 5RA
Bank
-
Legal Advisor
-
established & sons 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 established & sons limited. Currently there are 0 open charges and 3 have been satisfied in the past.
established & sons limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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established & sons limited Companies House Filings - See Documents
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