frty limited
frty limited Company Information
Company Number
05552341
Next Accounts
1369 days late
Industry
Wholesale of perfume and cosmetics
Shareholders
mark ian earnshaw
vipul jayantilal vadera
View AllGroup Structure
View All
Contact
Registered Address
cowgill holloway business recove, fourth floor unit 5b, the parklands, bolton, BL6 4SD
Website
fragranceandbeautyuk.co.ukfrty limited Estimated Valuation
Pomanda estimates the enterprise value of FRTY LIMITED at £2.7m based on a Turnover of £4.8m and 0.56x industry multiple (adjusted for size and gross margin).
frty limited Estimated Valuation
Pomanda estimates the enterprise value of FRTY LIMITED at £856.7k based on an EBITDA of £209.5k and a 4.09x industry multiple (adjusted for size and gross margin).
frty limited Estimated Valuation
Pomanda estimates the enterprise value of FRTY LIMITED at £7.3m based on Net Assets of £2.7m and 2.71x industry multiple (adjusted for liquidity).
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Frty Limited Overview
Frty Limited is a live company located in the parklands, BL6 4SD with a Companies House number of 05552341. It operates in the wholesale of perfume and cosmetics sector, SIC Code 46450. Founded in September 2005, it's largest shareholder is mark ian earnshaw with a 50% stake. Frty Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.8m with declining growth in recent years.
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Frty Limited Health Check
Pomanda's financial health check has awarded Frty Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £4.8m, make it smaller than the average company (£16.8m)
- Frty Limited
£16.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6.5%)
- Frty Limited
6.5% - Industry AVG
Production
with a gross margin of 40.7%, this company has a comparable cost of product (40.7%)
- Frty Limited
40.7% - Industry AVG
Profitability
an operating margin of 4.3% make it less profitable than the average company (5.8%)
- Frty Limited
5.8% - Industry AVG
Employees
with 11 employees, this is below the industry average (73)
11 - Frty Limited
73 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)
- Frty Limited
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £437.9k, this is more efficient (£365.8k)
- Frty Limited
£365.8k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (52 days)
- Frty Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (45 days)
- Frty Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 264 days, this is more than average (105 days)
- Frty Limited
105 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (8 weeks)
38 weeks - Frty Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29%, this is a lower level of debt than the average (62.2%)
29% - Frty Limited
62.2% - Industry AVG
FRTY LIMITED financials
Frty Limited's latest turnover from April 2019 is estimated at £4.8 million and the company has net assets of £2.7 million. According to their latest financial statements, Frty Limited has 11 employees and maintains cash reserves of £810.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 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 | 11 | 13 | 15 | 15 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,976 | 5,226 | 7,440 | 9,745 | 12,177 | 7,591 | 4,714 | 5,162 | 7,286 | 9,709 |
| Intangible Assets | 0 | 79,985 | 91,485 | 102,985 | 114,485 | 125,985 | 137,485 | 148,874 | 160,263 | 171,710 |
| Investments & Other | 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 |
| Total Fixed Assets | 3,976 | 85,211 | 98,925 | 112,730 | 126,662 | 133,576 | 142,199 | 154,036 | 167,549 | 181,419 |
| Stock & work in progress | 2,072,362 | 2,217,500 | 1,508,701 | 1,597,642 | 1,516,122 | 1,110,812 | 952,830 | 1,003,718 | 915,112 | 954,942 |
| Trade Debtors | 911,437 | 487,949 | 1,087,104 | 1,370,330 | 1,236,330 | 706,189 | 427,612 | 285,859 | 918,245 | 553,332 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 59,009 | 15,135 | 16,537 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 810,234 | 1,360,183 | 1,109,787 | 1,422,315 | 860,621 | 1,404,678 | 754,653 | 614,617 | 422,431 | 351,838 |
| misc current assets | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,815,713 | 4,124,641 | 3,720,727 | 4,406,825 | 3,613,073 | 3,221,679 | 2,135,095 | 1,904,194 | 2,255,788 | 1,860,112 |
| total assets | 3,819,689 | 4,209,852 | 3,819,652 | 4,519,555 | 3,739,735 | 3,355,255 | 2,277,294 | 2,058,230 | 2,423,337 | 2,041,531 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 706,688 | 982,812 | 887,775 | 1,257,637 | 1,911,544 | 1,935,262 | 1,052,659 | 987,874 | 1,429,761 | 1,151,330 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 689,250 | 559,558 | 1,034,326 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,107,901 | 1,672,062 | 1,447,333 | 2,291,963 | 1,911,544 | 1,935,262 | 1,052,659 | 987,874 | 1,429,761 | 1,151,330 |
| loans | 0 | 0 | 0 | 80,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 80,000 | 160,000 | 240,000 | 260,000 | 260,000 | 320,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 80,000 | 80,000 | 160,000 | 240,000 | 260,000 | 260,000 | 320,000 |
| total liabilities | 1,107,901 | 1,672,062 | 1,447,333 | 2,371,963 | 1,991,544 | 2,095,262 | 1,292,659 | 1,247,874 | 1,689,761 | 1,471,330 |
| net assets | 2,711,788 | 2,537,790 | 2,372,319 | 2,147,592 | 1,748,191 | 1,259,993 | 984,635 | 810,356 | 733,576 | 570,201 |
| total shareholders funds | 2,711,788 | 2,537,790 | 2,372,319 | 2,147,592 | 1,748,191 | 1,259,993 | 984,635 | 810,356 | 733,576 | 570,201 |
| Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 2,815 | 4,947 | 6,434 | 7,754 | 5,188 | 3,888 | 2,170 | 2,771 | 3,217 | 2,382 |
| Amortisation | 11,500 | 11,500 | 11,500 | 11,500 | 11,500 | 11,389 | 11,389 | 11,447 | 11,448 | |
| Tax | ||||||||||
| Stock | -145,138 | 708,799 | -88,941 | 81,520 | 405,310 | 157,982 | -50,888 | 88,606 | -39,830 | 954,942 |
| Debtors | 364,479 | -555,281 | -284,628 | 150,537 | 530,141 | 278,577 | 141,753 | -632,386 | 364,913 | 553,332 |
| Creditors | -276,124 | 95,037 | -369,862 | -653,907 | -23,718 | 882,603 | 64,785 | -441,887 | 278,431 | 1,151,330 |
| Accruals and Deferred Income | -689,250 | 129,692 | -474,768 | 1,034,326 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -80,000 | 80,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -80,000 | -80,000 | -80,000 | -20,000 | 0 | -60,000 | 320,000 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -549,949 | 250,396 | -312,528 | 561,694 | -544,057 | 650,025 | 140,036 | 192,186 | 70,593 | 351,838 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -549,949 | 250,396 | -312,528 | 561,694 | -544,057 | 650,025 | 140,036 | 192,186 | 70,593 | 351,838 |
frty limited Credit Report and Business Information
Frty Limited Competitor Analysis
Perform a competitor analysis for frty 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 BL6 area or any other competitors across 12 key performance metrics.
frty limited Ownership
FRTY LIMITED group structure
Frty Limited has no subsidiary companies.
Ultimate parent company
FRTY LIMITED
05552341
frty limited directors
Frty Limited currently has 3 directors. The longest serving directors include Mr Sanjay Vadera (Sep 2005) and Mr Mark Earnshaw (Sep 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sanjay Vadera | England | 57 years | Sep 2005 | - | Director |
| Mr Mark Earnshaw | 60 years | Sep 2005 | - | Director | |
| Mr Vipul Vadera | England | 52 years | Oct 2005 | - | Director |
P&L
April 2019turnover
4.8m
+8%
operating profit
206.7k
0%
gross margin
40.8%
-0.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2019net assets
2.7m
+0.07%
total assets
3.8m
-0.09%
cash
810.2k
-0.4%
net assets
Total assets minus all liabilities
frty limited company details
company number
05552341
Type
Private limited with Share Capital
industry
46450 - Wholesale of perfume and cosmetics
incorporation date
September 2005
age
20
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
April 2019
previous names
fragrance and beauty limited (March 2020)
accountant
BDO LLP
auditor
-
address
cowgill holloway business recove, fourth floor unit 5b, the parklands, bolton, BL6 4SD
Bank
-
Legal Advisor
-
frty 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 did not find charges/mortgages relating to frty limited.
frty 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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frty limited Companies House Filings - See Documents
| date | description | view/download |
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