fisher alvin limited
fisher alvin limited Company Information
Company Number
05571445
Website
www.fisheralvin.comRegistered Address
unit a2 cradley business park, overend road, cradley heath, B64 7DW
Industry
Manufacture of other fabricated metal products n.e.c.
Telephone
01905779944
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
fisher alvin holdings ltd 100%
fisher alvin limited Estimated Valuation
Pomanda estimates the enterprise value of FISHER ALVIN LIMITED at £1.6m based on a Turnover of £2.1m and 0.75x industry multiple (adjusted for size and gross margin).
fisher alvin limited Estimated Valuation
Pomanda estimates the enterprise value of FISHER ALVIN LIMITED at £1.8m based on an EBITDA of £328k and a 5.38x industry multiple (adjusted for size and gross margin).
fisher alvin limited Estimated Valuation
Pomanda estimates the enterprise value of FISHER ALVIN LIMITED at £6.5m based on Net Assets of £3m and 2.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fisher Alvin Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Fisher Alvin Limited Overview
Fisher Alvin Limited is a live company located in cradley heath, B64 7DW with a Companies House number of 05571445. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in September 2005, it's largest shareholder is fisher alvin holdings ltd with a 100% stake. Fisher Alvin Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Fisher Alvin Limited Health Check
Pomanda's financial health check has awarded Fisher Alvin Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£12.4m)
£2.1m - Fisher Alvin Limited
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (2.9%)
4% - Fisher Alvin Limited
2.9% - Industry AVG
Production
with a gross margin of 43.1%, this company has a lower cost of product (30%)
43.1% - Fisher Alvin Limited
30% - Industry AVG
Profitability
an operating margin of 15.1% make it more profitable than the average company (6.4%)
15.1% - Fisher Alvin Limited
6.4% - Industry AVG
Employees
with 8 employees, this is below the industry average (76)
8 - Fisher Alvin Limited
76 - Industry AVG
Pay Structure
on an average salary of £24.5k, the company has a lower pay structure (£38.6k)
£24.5k - Fisher Alvin Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £266.8k, this is more efficient (£151.4k)
£266.8k - Fisher Alvin Limited
£151.4k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (63 days)
58 days - Fisher Alvin Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is quicker than average (50 days)
37 days - Fisher Alvin Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 166 days, this is more than average (76 days)
166 days - Fisher Alvin Limited
76 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (13 weeks)
11 weeks - Fisher Alvin Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.7%, this is a lower level of debt than the average (47.4%)
21.7% - Fisher Alvin Limited
47.4% - Industry AVG
fisher alvin limited Credit Report and Business Information
Fisher Alvin Limited Competitor Analysis
Perform a competitor analysis for fisher alvin limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
fisher alvin limited Ownership
FISHER ALVIN LIMITED group structure
Fisher Alvin Limited has no subsidiary companies.
Ultimate parent company
GRAVITY INVESTMENT SARL
#0129567
2 parents
FISHER ALVIN LIMITED
05571445
fisher alvin limited directors
Fisher Alvin Limited currently has 2 directors. The longest serving directors include Mr Christopher Milburn (Nov 2016) and Mr Neil Russ (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Milburn | United Kingdom | 57 years | Nov 2016 | - | Director |
| Mr Neil Russ | England | 51 years | Nov 2016 | - | Director |
FISHER ALVIN LIMITED financials
Fisher Alvin Limited's latest turnover from December 2022 is £2.1 million and the company has net assets of £3 million. According to their latest financial statements, Fisher Alvin Limited has 8 employees and maintains cash reserves of £183 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,134,000 | 2,168,000 | 1,925,000 | 1,906,000 | 1,930,000 | 1,262,000 | 1,988,000 | 1,916 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 1,215,000 | 1,263,000 | 1,061,000 | 1,073,000 | 907,000 | 607,000 | 1,318,000 | 1,146 | ||||||
| Gross Profit | 919,000 | 905,000 | 864,000 | 833,000 | 1,023,000 | 655,000 | 670,000 | 770 | ||||||
| Admin Expenses | 597,000 | 595,000 | 564,000 | 521,000 | 560,000 | 371,000 | 607,000 | 672 | ||||||
| Operating Profit | 322,000 | 310,000 | 300,000 | 312,000 | 463,000 | 284,000 | 63,000 | 98 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | ||||||
| Interest Receivable | 174,000 | 106,000 | 80,000 | 71,000 | 53,000 | 28,000 | 0 | 0 | ||||||
| Pre-Tax Profit | 496,000 | 416,000 | 380,000 | 383,000 | 516,000 | 312,000 | 63,000 | 97 | ||||||
| Tax | -5,000 | 0 | 0 | -10,000 | -21,000 | -47,000 | -25,000 | -20 | ||||||
| Profit After Tax | 491,000 | 416,000 | 380,000 | 373,000 | 495,000 | 265,000 | 38,000 | 77 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 56,000 | 221 | ||||||
| Retained Profit | 491,000 | 416,000 | 380,000 | 373,000 | 495,000 | 265,000 | -18,000 | -144 | ||||||
| Employee Costs | 196,000 | 205,000 | 200,000 | 207,000 | 209,000 | 150,000 | 298,000 | 326 | ||||||
| Number Of Employees | 8 | 8 | 7 | 8 | 8 | 8 | 9 | 10 | ||||||
| EBITDA* | 328,000 | 316,000 | 307,000 | 317,000 | 468,000 | 286,000 | 65,000 | 2,655 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 27,000 | 29,000 | 23,000 | 25,000 | 19,000 | 16,000 | 8,000 | 8 | 15,073 | 14,518 | 19,357 | 35,189 | 875,633 | 875,633 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 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 | 375,168 | 565,269 | 0 | 0 |
| Total Fixed Assets | 27,000 | 29,000 | 23,000 | 25,000 | 19,000 | 16,000 | 8,000 | 8 | 15,073 | 14,518 | 394,525 | 600,458 | 875,633 | 875,633 |
| Stock & work in progress | 555,000 | 410,000 | 278,000 | 405,000 | 356,000 | 144,000 | 194,000 | 484 | 416,622 | 434,722 | 327,787 | 282,572 | 0 | 0 |
| Trade Debtors | 343,000 | 316,000 | 356,000 | 307,000 | 384,000 | 216,000 | 252,000 | 286 | 368,223 | 323,805 | 469,700 | 337,310 | 0 | 0 |
| Group Debtors | 2,664,000 | 2,493,000 | 2,053,000 | 1,487,000 | 1,168,000 | 842,000 | 342,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 18,000 | 18,000 | 18,000 | 19,000 | 16,000 | 36,000 | 67,000 | 23 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 183,000 | 155,000 | 229,000 | 155,000 | 125,000 | 167,000 | 230,000 | 226 | 180,126 | 112,103 | 612,553 | 573,485 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,763,000 | 3,392,000 | 2,934,000 | 2,373,000 | 2,049,000 | 1,405,000 | 1,085,000 | 1,019 | 964,971 | 870,630 | 1,410,040 | 1,193,367 | 0 | 0 |
| total assets | 3,790,000 | 3,421,000 | 2,957,000 | 2,398,000 | 2,068,000 | 1,421,000 | 1,093,000 | 1,027 | 980,044 | 885,148 | 1,804,565 | 1,793,825 | 875,633 | 875,633 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 125,000 | 217,000 | 143,000 | 99,000 | 160,000 | 56,000 | 122,000 | 149 | 357,556 | 214,458 | 249,485 | 331,149 | 33,878 | 848,928 |
| Group/Directors Accounts | 640,000 | 717,000 | 742,000 | 620,000 | 532,000 | 475,000 | 309,000 | 268 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 54,000 | 21,000 | 22,000 | 9,000 | 79,000 | 88,000 | 125,000 | 54 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 819,000 | 955,000 | 907,000 | 728,000 | 771,000 | 619,000 | 556,000 | 471 | 357,556 | 214,458 | 249,485 | 331,149 | 33,878 | 848,928 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,965 | 7,928 | 0 | 0 | 0 |
| provisions | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 3,000 | 3,000 | 0 | 0 |
| total long term liabilities | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 3,965 | 10,928 | 3,000 | 0 | 0 |
| total liabilities | 824,000 | 955,000 | 907,000 | 728,000 | 771,000 | 619,000 | 556,000 | 472 | 357,556 | 218,423 | 260,413 | 334,149 | 33,878 | 848,928 |
| net assets | 2,966,000 | 2,466,000 | 2,050,000 | 1,670,000 | 1,297,000 | 802,000 | 537,000 | 555 | 622,488 | 666,725 | 1,544,152 | 1,459,676 | 841,755 | 26,705 |
| total shareholders funds | 2,966,000 | 2,466,000 | 2,050,000 | 1,670,000 | 1,297,000 | 802,000 | 537,000 | 555 | 622,488 | 666,725 | 1,544,152 | 1,459,676 | 841,755 | 26,705 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 322,000 | 310,000 | 300,000 | 312,000 | 463,000 | 284,000 | 63,000 | 98 | ||||||
| Depreciation | 6,000 | 6,000 | 7,000 | 5,000 | 5,000 | 2,000 | 2,000 | 2,557 | 5,025 | 4,839 | 3,104 | 4,289 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -5,000 | 0 | 0 | -10,000 | -21,000 | -47,000 | -25,000 | -20 | ||||||
| Stock | 145,000 | 132,000 | -127,000 | 49,000 | 212,000 | 143,516 | 193,516 | -416,138 | -18,100 | 106,935 | 45,215 | 282,572 | 0 | 0 |
| Debtors | 198,000 | 400,000 | 614,000 | 245,000 | 474,000 | 1,093,691 | 660,691 | -367,914 | 44,418 | -521,063 | -57,711 | 902,579 | 0 | 0 |
| Creditors | -92,000 | 74,000 | 44,000 | -61,000 | 104,000 | 55,851 | 121,851 | -357,407 | 143,098 | -35,027 | -81,664 | 297,271 | -815,050 | 848,928 |
| Accruals and Deferred Income | 33,000 | -1,000 | 13,000 | -70,000 | -9,000 | 87,946 | 124,946 | 54 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 5,000 | 0 | 0 | 0 | 0 | -1 | -1 | 1 | 0 | -3,000 | 0 | 3,000 | 0 | 0 |
| Cash flow from operations | -74,000 | -143,000 | -123,000 | -118,000 | -144,000 | -854,411 | -567,411 | 429,335 | ||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -77,000 | -25,000 | 122,000 | 88,000 | 57,000 | 474,732 | 308,732 | 268 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,965 | -3,963 | 7,928 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 174,000 | 106,000 | 80,000 | 71,000 | 53,000 | 28,000 | 0 | -1 | ||||||
| cash flow from financing | 106,000 | 81,000 | 202,000 | 159,000 | 110,000 | 1,039,177 | 863,177 | -621,522 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 28,000 | -74,000 | 74,000 | 30,000 | -42,000 | 166,774 | 229,774 | -179,900 | 68,023 | -500,450 | 39,068 | 573,485 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 28,000 | -74,000 | 74,000 | 30,000 | -42,000 | 166,774 | 229,774 | -179,900 | 68,023 | -500,450 | 39,068 | 573,485 | 0 | 0 |
P&L
December 2022turnover
2.1m
-2%
operating profit
322k
+4%
gross margin
43.1%
+3.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3m
+0.2%
total assets
3.8m
+0.11%
cash
183k
+0.18%
net assets
Total assets minus all liabilities
fisher alvin limited company details
company number
05571445
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
September 2005
age
19
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
unit a2 cradley business park, overend road, cradley heath, B64 7DW
last accounts submitted
December 2022
fisher alvin 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 1 charges/mortgages relating to fisher alvin limited. Currently there are 1 open charges and 0 have been satisfied in the past.
fisher alvin limited Companies House Filings - See Documents
| date | description | view/download |
|---|
