fm products limited

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fm products limited Company Information

Share FM PRODUCTS LIMITED

Company Number

05318663

Shareholders

fm products (holdings) limited

Group Structure

View All

Industry

Wholesale of hardware, plumbing and heating equipment and supplies

 

Registered Address

8 church green east, redditch, B98 8BP

fm products limited Estimated Valuation

£973.9k

Pomanda estimates the enterprise value of FM PRODUCTS LIMITED at £973.9k based on a Turnover of £2.1m and 0.46x industry multiple (adjusted for size and gross margin).

fm products limited Estimated Valuation

£56.1k

Pomanda estimates the enterprise value of FM PRODUCTS LIMITED at £56.1k based on an EBITDA of £14.4k and a 3.91x industry multiple (adjusted for size and gross margin).

fm products limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of FM PRODUCTS LIMITED at £1.8m based on Net Assets of £860.4k and 2.04x industry multiple (adjusted for liquidity).

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Fm Products Limited Overview

Fm Products Limited is a live company located in redditch, B98 8BP with a Companies House number of 05318663. It operates in the wholesale of hardware, plumbing and heating equipment and supplies sector, SIC Code 46740. Founded in December 2004, it's largest shareholder is fm products (holdings) limited with a 100% stake. Fm Products Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.

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Fm Products Limited Health Check

Pomanda's financial health check has awarded Fm Products Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £2.1m, make it smaller than the average company (£18.5m)

£2.1m - Fm Products Limited

£18.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.8%)

4% - Fm Products Limited

8.8% - Industry AVG

production

Production

with a gross margin of 27.5%, this company has a comparable cost of product (27.5%)

27.5% - Fm Products Limited

27.5% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (5%)

0.2% - Fm Products Limited

5% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (61)

6 - Fm Products Limited

61 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)

£41.8k - Fm Products Limited

£41.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £356.2k, this is equally as efficient (£317.8k)

£356.2k - Fm Products Limited

£317.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 81 days, this is later than average (53 days)

81 days - Fm Products Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 58 days, this is slower than average (44 days)

58 days - Fm Products Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 87 days, this is in line with average (85 days)

87 days - Fm Products Limited

85 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (17 weeks)

21 weeks - Fm Products Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35%, this is a lower level of debt than the average (46.4%)

35% - Fm Products Limited

46.4% - Industry AVG

FM PRODUCTS LIMITED financials

EXPORTms excel logo

Fm Products Limited's latest turnover from January 2024 is estimated at £2.1 million and the company has net assets of £860.4 thousand. According to their latest financial statements, Fm Products Limited has 6 employees and maintains cash reserves of £183.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover2,137,1622,114,0922,207,9171,899,1711,668,8831,638,5531,494,9731,524,5891,448,5791,468,6551,170,7921,123,617675,584465,108130,628
Other Income Or Grants000000000000000
Cost Of Sales1,548,6841,536,9271,619,4131,412,6781,218,8211,197,6421,090,5491,102,8871,042,8031,059,513840,899799,060483,243338,69193,195
Gross Profit588,478577,164588,504486,493450,062440,911404,423421,702405,777409,142329,894324,558192,341126,41737,433
Admin Expenses583,244576,546385,806407,198341,636338,344318,276371,792342,398264,731197,301285,331155,73089,58962,528
Operating Profit5,234618202,69879,295108,426102,56786,14749,91063,379144,411132,59339,22736,61136,828-25,095
Interest Payable3,2713,6922,9281,52500000000000
Interest Receivable15,89112,8899023282,1822,3591,294500796673583458252573
Pre-Tax Profit17,8559,815200,67278,098110,609104,92687,44150,41064,175145,084133,17739,68636,86236,885-25,092
Tax-4,464-1,865-38,128-14,839-21,016-19,936-16,614-10,082-12,835-30,468-30,631-9,525-9,584-10,3280
Profit After Tax13,3917,950162,54463,25989,59384,99070,82740,32851,340114,616102,54630,16127,27826,557-25,092
Dividends Paid000000000000000
Retained Profit13,3917,950162,54463,25989,59384,99070,82740,32851,340114,616102,54630,16127,27826,557-25,092
Employee Costs250,601284,226275,596246,538238,695215,609213,691201,157160,164192,023151,106152,68088,50061,28430,492
Number Of Employees677776665655321
EBITDA*14,36012,922217,32195,632123,646117,209103,64366,29765,813147,085134,80839,56736,90936,828-25,095

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets40,81246,83958,96368,83673,43561,16575,80769,13781,34515,15112,5511,9271,68700
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets40,81246,83958,96368,83673,43561,16575,80769,13781,34515,15112,5511,9271,68700
Stock & work in progress371,690391,032479,282299,664233,007187,975173,167157,688148,470134,164102,62289,08155,28554,6608,508
Trade Debtors478,988463,401469,175443,794378,820386,614294,742299,950303,421312,456233,421189,560115,55972,83614,432
Group Debtors242,41200000000000000
Misc Debtors6,8828,02511,55110,43117,540152000000000
Cash183,176422,203314,295407,061248,588333,330295,767221,732178,354139,872129,264104,06979,15521,4591,365
misc current assets000000000000000
total current assets1,283,1481,284,6611,274,3031,160,950877,955908,071763,676679,370630,245586,492465,307382,710249,999148,95524,305
total assets1,323,9601,331,5001,333,2661,229,786951,390969,236839,483748,507711,590601,643477,858384,637251,686148,95524,305
Bank overdraft10,00010,0000000000000000
Bank loan0010,0006,66700000000000
Trade Creditors 247,575252,925248,698246,724188,506268,460389,720371,083372,983322,447313,798325,248222,506147,39049,297
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities182,997187,450192,116244,911135,186168,210000000000
total current liabilities440,572450,375450,814498,302323,692436,670389,720371,083372,983322,447313,798325,248222,506147,39049,297
loans14,11724,02833,69443,33300000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0003892,7200000000000
provisions8,88310,1009,71111,25911,7348,91511,1029,59011,1013,0302,51038533700
total long term liabilities23,00034,12843,40554,98114,4548,91511,1029,59011,1013,0302,51038533700
total liabilities463,572484,503494,219553,283338,146445,585400,822380,673384,084325,477316,308325,633222,843147,39049,297
net assets860,388846,997839,047676,503613,244523,651438,661367,834327,506276,166161,55059,00428,8431,565-24,992
total shareholders funds860,388846,997839,047676,503613,244523,651438,661367,834327,506276,166161,55059,00428,8431,565-24,992
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit5,234618202,69879,295108,426102,56786,14749,91063,379144,411132,59339,22736,61136,828-25,095
Depreciation9,12612,30414,62316,33715,22014,64217,49616,3872,4342,6742,21534029800
Amortisation000000000000000
Tax-4,464-1,865-38,128-14,839-21,016-19,936-16,614-10,082-12,835-30,468-30,631-9,525-9,584-10,3280
Stock-19,342-88,250179,61866,65745,03214,80815,4799,21814,30631,54213,54133,79662546,1528,508
Debtors256,856-9,30026,50157,8659,59492,024-5,208-3,471-9,03579,03543,86174,00142,72358,40414,432
Creditors-5,3504,2271,97458,218-79,954-121,26018,637-1,90050,5368,649-11,450102,74275,11698,09349,297
Accruals and Deferred Income-4,453-4,666-52,795109,725-33,024168,210000000000
Deferred Taxes & Provisions-1,217389-1,548-4752,819-2,1871,512-1,5118,0715202,1254833700
Cash flow from operations-238,638108,557-79,295123,739-62,15535,20496,90747,057106,31415,20937,45025,03559,43020,0371,262
Investing Activities
capital expenditure-3,099-180-4,750-11,738-27,4900-24,166-4,179-68,628-5,274-12,839-580-1,98500
Change in Investments000000000000000
cash flow from investments-3,099-180-4,750-11,738-27,4900-24,166-4,179-68,628-5,274-12,839-580-1,98500
Financing Activities
Bank loans0-10,0003,3336,66700000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-9,911-9,666-9,63943,33300000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00-389-2,3312,7200000000000
share issue00000000000000100
interest12,6209,197-2,026-1,1972,1822,3591,294500796673583458252573
cash flow from financing2,709-10,469-8,72146,4724,9022,3591,29450079667358345825257103
cash and cash equivalents
cash-239,027107,908-92,766158,473-84,74237,56374,03543,37838,48210,60825,19524,91457,69620,0941,365
overdraft010,0000000000000000
change in cash-239,02797,908-92,766158,473-84,74237,56374,03543,37838,48210,60825,19524,91457,69620,0941,365

fm products limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Fm Products Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fm products limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B98 area or any other competitors across 12 key performance metrics.

fm products limited Ownership

FM PRODUCTS LIMITED group structure

Fm Products Limited has no subsidiary companies.

Ultimate parent company

FM PRODUCTS LIMITED

05318663

FM PRODUCTS LIMITED Shareholders

fm products (holdings) limited 100%

fm products limited directors

Fm Products Limited currently has 2 directors. The longest serving directors include Mr David Eaton (Jan 2010) and Mr Craig Pailing (Jan 2010).

officercountryagestartendrole
Mr David EatonUnited Kingdom55 years Jan 2010- Director
Mr Craig PailingEngland53 years Jan 2010- Director

P&L

January 2024

turnover

2.1m

+1%

operating profit

5.2k

0%

gross margin

27.6%

+0.86%

turnover

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

Balance Sheet

January 2024

net assets

860.4k

+0.02%

total assets

1.3m

-0.01%

cash

183.2k

-0.57%

net assets

Total assets minus all liabilities

fm products limited company details

company number

05318663

Type

Private limited with Share Capital

industry

46740 - Wholesale of hardware, plumbing and heating equipment and supplies

incorporation date

December 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

fast movers limited (February 2012)

accountant

CHARLES LOVELL & CO LIMITED

auditor

-

address

8 church green east, redditch, B98 8BP

Bank

-

Legal Advisor

-

fm products 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 7 charges/mortgages relating to fm products limited. Currently there are 7 open charges and 0 have been satisfied in the past.

fm products 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.

Click to start generating capital raising & share issue transactions for FM PRODUCTS LIMITED. This can take several minutes, an email will notify you when this has completed.

fm products limited Companies House Filings - See Documents

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