fairfax acquisitions limited

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fairfax acquisitions limited Company Information

Share FAIRFAX ACQUISITIONS LIMITED

Company Number

05322193

Directors

Jonathan Ball

Jon Ball

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Shareholders

fairfax classical properties ltd

Group Structure

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Industry

Construction of domestic buildings

 

Registered Address

buncton barn buncton lane, bolney, haywards heath, RH17 5RE

fairfax acquisitions limited Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of FAIRFAX ACQUISITIONS LIMITED at £3.7m based on a Turnover of £12.3m and 0.3x industry multiple (adjusted for size and gross margin).

fairfax acquisitions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FAIRFAX ACQUISITIONS LIMITED at £0 based on an EBITDA of £-3.5m and a 2.58x industry multiple (adjusted for size and gross margin).

fairfax acquisitions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FAIRFAX ACQUISITIONS LIMITED at £0 based on Net Assets of £-46.9m and 1.39x industry multiple (adjusted for liquidity).

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Fairfax Acquisitions Limited Overview

Fairfax Acquisitions Limited is a live company located in haywards heath, RH17 5RE with a Companies House number of 05322193. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in December 2004, it's largest shareholder is fairfax classical properties ltd with a 100% stake. Fairfax Acquisitions Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.3m with declining growth in recent years.

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Fairfax Acquisitions Limited Health Check

Pomanda's financial health check has awarded Fairfax Acquisitions Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £12.3m, make it larger than the average company (£478.4k)

£12.3m - Fairfax Acquisitions Limited

£478.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (9.9%)

-14% - Fairfax Acquisitions Limited

9.9% - Industry AVG

production

Production

with a gross margin of 3.6%, this company has a higher cost of product (19.6%)

3.6% - Fairfax Acquisitions Limited

19.6% - Industry AVG

profitability

Profitability

an operating margin of -28.3% make it less profitable than the average company (4.8%)

-28.3% - Fairfax Acquisitions Limited

4.8% - Industry AVG

employees

Employees

with 3 employees, this is similar to the industry average (3)

3 - Fairfax Acquisitions Limited

3 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Fairfax Acquisitions Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £4.1m, this is more efficient (£197.8k)

£4.1m - Fairfax Acquisitions Limited

£197.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (25 days)

2 days - Fairfax Acquisitions Limited

25 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (29 days)

4 days - Fairfax Acquisitions Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 801 days, this is more than average (250 days)

801 days - Fairfax Acquisitions Limited

250 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)

0 weeks - Fairfax Acquisitions Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 210%, this is a higher level of debt than the average (73%)

210% - Fairfax Acquisitions Limited

73% - Industry AVG

FAIRFAX ACQUISITIONS LIMITED financials

EXPORTms excel logo

Fairfax Acquisitions Limited's latest turnover from March 2024 is £12.3 million and the company has net assets of -£46.9 million. According to their latest financial statements, Fairfax Acquisitions Limited has 3 employees and maintains cash reserves of £4.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017May 2016May 2015Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover12,300,6061,761,623727,16519,436,96313,640,91625,765,16614,067,5755,358,2342,664,7302,400,0002,100,0006,750,0001,685,209
Other Income Or Grants
Cost Of Sales11,856,5982,366,3542,347,38523,534,77810,231,31120,271,58011,005,9614,330,9132,629,7902,406,8752,004,8346,774,7311,685,373
Gross Profit444,008-604,731-1,620,220-4,097,8153,409,6055,493,5863,061,6131,027,32134,940-6,87595,166-24,731-164
Admin Expenses3,927,0193,798,7713,107,7723,584,8053,065,6019,423,3117,471,695997,7057,566123-50,757-96,605-100,718-67,344-6,253
Operating Profit-3,483,011-4,403,502-4,727,992-7,682,620344,004-3,929,725-4,410,08229,616-7,566-12385,69789,730195,88442,6136,089
Interest Payable5,552,1725,109,7444,241,5264,262,7664,723,6451,084,901363,6182,56496,655
Interest Receivable1,004,017673,1875,6307,451
Pre-Tax Profit-8,031,166-8,840,059-9,198,683-12,155,891-4,429,088-3,924,095-4,402,631-1,055,285-371,184-2,68733,714-6,92294,982-24,9096,089
Tax-753,1991,750,8634,101,836
Profit After Tax-8,784,365-7,089,196-5,096,847-12,155,891-4,429,088-3,924,095-4,402,631-1,055,285-371,184-2,68733,714-6,92294,982-24,9096,089
Dividends Paid
Retained Profit-8,784,365-7,089,196-5,096,847-12,155,891-4,429,088-3,924,095-4,402,631-1,055,285-371,184-2,68733,714-6,92294,982-24,9096,089
Employee Costs113,783125,327118,460112,197121,11040,477298,992264,676282,380682,448
Number Of Employees333333333187820
EBITDA*-3,474,062-4,394,554-4,720,675-7,674,011344,004-3,929,725-4,410,08229,616-7,566-12385,69789,730195,88442,6136,089

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017May 2016May 2015Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets64,04172,99059,65048,781
Intangible Assets
Investments & Other7,748,9746,755,5006,089,8406,319,0056,529,5101,078,957730,26942,504
Debtors (Due After 1 year)
Total Fixed Assets7,813,0156,828,4906,149,4906,367,7866,529,5101,078,957730,26942,504
Stock & work in progress26,044,26826,427,81025,934,10925,801,53830,146,42434,567,65232,713,49921,967,68110,637,9401,450,0002,363,5343,454,2331,225,9653,591,662
Trade Debtors71,94720,4242,383,1642,485,040
Group Debtors2,607,1002,525,9102,410,3102,410,3102,410,3111,610,310310377,285377,285282,550251,588
Misc Debtors6,136,0157,194,2564,640,4031,798,000716,273150,000877,2551,242,648263,7042224
Cash4,366240,746126,458248,679212,724781,184720,2602,259,978457,965104,8744,9971699421,052823,034
misc current assets
total current assets34,863,69636,409,14633,111,28030,258,52735,868,89639,594,18634,311,32425,470,30711,359,6091,932,159382,2822,646,2553,455,1771,227,0194,666,288
total assets42,676,71143,237,63639,260,77036,626,31342,398,40640,673,14335,041,59325,512,81111,359,6091,932,159382,2822,646,2553,455,1771,227,0194,666,288
Bank overdraft
Bank loan1,290,0001,684,000394,0001,747,000
Trade Creditors 155,06678,0001,388,250400,028226,3042,975,1081,030,0265,9281,207979,36224,202
Group/Directors Accounts50,865,89249,071,87437,591,03637,553,53833,424,28936,809,26831,060,58422,982,6738,853,809570,638995,0001,403,002570,8162,597,573
other short term finances3,282,364
hp & lease commitments
other current liabilities38,584,74032,232,38431,336,91018,041,11319,407,65210,262,3675,124,9651,456,084381,1822,56412,68712,6851,69332,096
total current liabilities89,605,69881,382,25870,316,19659,277,04353,058,24550,046,74337,215,57524,444,6859,236,1981,552,5642,297,6873,099,687966,5114,380,871
loans2,115,000
hp & lease commitments
Accruals and Deferred Income307,849142,849
other liabilities3,000,0003,000,0003,275,5232,115,000
provisions
total long term liabilities3,307,8493,142,8493,275,5232,115,0002,115,000
total liabilities89,605,69881,382,25870,316,19662,584,89256,201,09450,046,74340,491,09826,559,68511,351,1981,552,5642,297,6873,099,687966,5114,380,871
net assets-46,928,987-38,144,622-31,055,426-25,958,579-13,802,688-9,373,600-5,449,505-1,046,8748,411379,595382,282348,568355,490260,508285,417
total shareholders funds-46,928,987-38,144,622-31,055,426-25,958,579-13,802,688-9,373,600-5,449,505-1,046,8748,411379,595382,282348,568355,490260,508285,417
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017May 2016May 2015Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit-3,483,011-4,403,502-4,727,992-7,682,620344,004-3,929,725-4,410,08229,616-7,566-12385,69789,730195,88442,6136,089
Depreciation8,9498,9487,3178,609
Amortisation
Tax-753,1991,750,8634,101,836
Stock-383,542493,701132,571-4,344,886-4,421,2281,854,15310,745,81811,329,7419,187,9401,450,000-2,363,534-1,090,6992,228,268-2,365,6973,591,662
Debtors-925,5282,689,8772,842,403-1,301,4381,264,3983,367,785-365,083978,944-113,581377,28594,733282,550-251,590251,592
Creditors77,066-1,310,250988,222173,724-2,748,8041,945,0821,024,0984,721-978,155979,362-2-4,2004,202
Accruals and Deferred Income6,352,356895,47412,987,948-1,201,5399,288,1345,137,4023,668,8811,074,902378,6182,564-12,687210,992-30,40332,096
Deferred Taxes & Provisions
Cash flow from operations3,511,231-6,242,04510,382,357-3,055,50210,040,164-2,069,179-10,097,838-11,199,446-9,681,462-845,4822,341,811897,881-2,021,3942,625,297-3,800,867
Investing Activities
capital expenditure-22,288-18,186-57,390
Change in Investments993,474665,660-229,165-210,5055,450,553348,688687,76542,504
cash flow from investments-993,474-687,948210,979153,115-5,450,553-348,688-687,765-42,504
Financing Activities
Bank loans-1,290,000-394,0001,290,000-1,353,0001,747,000
Group/Directors Accounts1,794,01811,480,83837,4984,129,249-3,384,9795,748,6848,077,91114,128,8648,283,171570,638-995,000-408,002832,186-2,026,7572,597,573
Other Short Term Loans -3,282,3643,282,364
Long term loans-2,115,0002,115,000
Hire Purchase and Lease Commitments
other long term liabilities-3,000,0003,000,000-3,275,5231,160,5232,115,000
share issue382,282279,328
interest-4,548,155-4,436,557-4,241,526-4,262,766-4,723,6455,6307,451-1,084,901-363,618-2,564-96,655
cash flow from financing-2,754,1377,044,281-10,486,3923,148,847-5,108,6242,478,7919,245,88513,043,96310,034,553950,356-2,285,000-898,6572,122,186-3,379,7574,623,901
cash and cash equivalents
cash-236,380114,288-122,22135,955-568,46060,924-1,539,7181,802,013353,091104,8744,828-773-110-821,982823,034
overdraft
change in cash-236,380114,288-122,22135,955-568,46060,924-1,539,7181,802,013353,091104,8744,828-773-110-821,982823,034

fairfax acquisitions 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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Fairfax Acquisitions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fairfax acquisitions limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in RH17 area or any other competitors across 12 key performance metrics.

fairfax acquisitions limited Ownership

FAIRFAX ACQUISITIONS LIMITED group structure

Fairfax Acquisitions Limited has 3 subsidiary companies.

Ultimate parent company

KERAZAR ULTIMATE ENTERPRISES LTD

#0074713

2 parents

FAIRFAX ACQUISITIONS LIMITED

05322193

3 subsidiaries

FAIRFAX ACQUISITIONS LIMITED Shareholders

fairfax classical properties ltd 100%

fairfax acquisitions limited directors

Fairfax Acquisitions Limited currently has 7 directors. The longest serving directors include Mr Jonathan Ball (Apr 2015) and Mr Jon Ball (Apr 2015).

officercountryagestartendrole
Mr Jonathan BallUnited Kingdom51 years Apr 2015- Director
Mr Jon BallEngland51 years Apr 2015- Director
Mr Derek JacobsonEngland45 years Apr 2015- Director
Mr Derek JacobsonEngland45 years Apr 2015- Director
Mr James BenbowEngland44 years Sep 2018- Director
Mr Elliot JacobsonEngland69 years Mar 2023- Director
Mr Eugene MelfiUnited Kingdom47 years Mar 2023- Director

P&L

March 2024

turnover

12.3m

+598%

operating profit

-3.5m

-21%

gross margin

3.7%

-110.52%

turnover

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

Balance Sheet

March 2024

net assets

-46.9m

+0.23%

total assets

42.7m

-0.01%

cash

4.4k

-0.98%

net assets

Total assets minus all liabilities

fairfax acquisitions limited company details

company number

05322193

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

December 2004

age

21

incorporated

UK

ultimate parent company

KERAZAR ULTIMATE ENTERPRISES LTD

accounts

Full Accounts

last accounts submitted

March 2024

previous names

charco 1114 limited (April 2005)

accountant

-

auditor

WATSON ASSOCIATES(AUDIT SERVICES) LTD

address

buncton barn buncton lane, bolney, haywards heath, RH17 5RE

Bank

HSBC BANK PLC

Legal Advisor

-

fairfax acquisitions 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 24 charges/mortgages relating to fairfax acquisitions limited. Currently there are 3 open charges and 21 have been satisfied in the past.

fairfax acquisitions 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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fairfax acquisitions limited Companies House Filings - See Documents

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