farland trading (leicester) limited

farland trading (leicester) limited Company Information

Share FARLAND TRADING (LEICESTER) LIMITED
Dissolved 

Company Number

05599350

Industry

Buying and selling of own real estate

 

Directors

Akbar Virani

Shareholders

akbar virani

jagruti lakhani

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Group Structure

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Contact

Registered Address

36 thurnview road, leicester, LE5 6HJ

Website

-

farland trading (leicester) limited Estimated Valuation

£147.4k

Pomanda estimates the enterprise value of FARLAND TRADING (LEICESTER) LIMITED at £147.4k based on a Turnover of £73.4k and 2.01x industry multiple (adjusted for size and gross margin).

farland trading (leicester) limited Estimated Valuation

£1.5k

Pomanda estimates the enterprise value of FARLAND TRADING (LEICESTER) LIMITED at £1.5k based on an EBITDA of £372 and a 4.14x industry multiple (adjusted for size and gross margin).

farland trading (leicester) limited Estimated Valuation

£5.6k

Pomanda estimates the enterprise value of FARLAND TRADING (LEICESTER) LIMITED at £5.6k based on Net Assets of £3.6k and 1.55x industry multiple (adjusted for liquidity).

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Farland Trading (leicester) Limited Overview

Farland Trading (leicester) Limited is a dissolved company that was located in leicester, LE5 6HJ with a Companies House number of 05599350. It operated in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2005, it's largest shareholder was akbar virani with a 35% stake. The last turnover for Farland Trading (leicester) Limited was estimated at £73.4k.

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Farland Trading (leicester) Limited Health Check

Pomanda's financial health check has awarded Farland Trading (Leicester) Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

9 Weak

size

Size

annual sales of £73.4k, make it smaller than the average company (£808.7k)

£73.4k - Farland Trading (leicester) Limited

£808.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -66%, show it is growing at a slower rate (0.6%)

-66% - Farland Trading (leicester) Limited

0.6% - Industry AVG

production

Production

with a gross margin of 24.8%, this company has a higher cost of product (68.5%)

24.8% - Farland Trading (leicester) Limited

68.5% - Industry AVG

profitability

Profitability

an operating margin of 0.5% make it less profitable than the average company (43.7%)

0.5% - Farland Trading (leicester) Limited

43.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Farland Trading (leicester) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)

£35.6k - Farland Trading (leicester) Limited

£35.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £36.7k, this is less efficient (£201.3k)

£36.7k - Farland Trading (leicester) Limited

£201.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 86 days, this is later than average (30 days)

86 days - Farland Trading (leicester) Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (30 days)

4 days - Farland Trading (leicester) Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Farland Trading (leicester) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Farland Trading (leicester) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 79.3%, this is a higher level of debt than the average (64.4%)

79.3% - Farland Trading (leicester) Limited

64.4% - Industry AVG

FARLAND TRADING (LEICESTER) LIMITED financials

EXPORTms excel logo

Farland Trading (Leicester) Limited's latest turnover from October 2021 is estimated at £73.4 thousand and the company has net assets of £3.6 thousand. According to their latest financial statements, Farland Trading (Leicester) Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover73,39574,1561,876,6691,927,0081,801,921237,082213,372304,007244,431225,07885,616162,3210
Other Income Or Grants0000000000000
Cost Of Sales55,22058,6551,449,0321,439,6531,368,769179,918161,673235,632194,301178,29268,894133,8430
Gross Profit18,17515,501427,637487,355433,15257,16451,69968,37650,13046,78616,72228,4780
Admin Expenses17,80212,647427,637487,355431,92657,17551,71268,38450,13746,80116,74428,4911
Operating Profit3732,854001,226-11-13-8-7-15-22-13-1
Interest Payable0000000000000
Interest Receivable000081113871522131
Pre-Tax Profit3732,854001,23500000000
Tax-71-54200-23500000000
Profit After Tax3022,312001,00000000000
Dividends Paid0000000000000
Retained Profit3022,312001,00000000000
Employee Costs71,25974,036118,747155,366138,85536,80035,77235,48735,62733,51733,87734,0480
Number Of Employees2234411111110
EBITDA*3732,854001,226-11-13-8-7-15-22-13-1

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets0000000000000
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets0000000000000
Stock & work in progress00000433,415417,039406,153394,910389,221387,132376,377345,887
Trade Debtors17,44917,449481,637464,954460,903000007000
Group Debtors0000000000000
Misc Debtors0000000000000
Cash000006,6252,5282,6276812,0364,0424,793463
misc current assets0000000000000
total current assets17,44917,449481,637464,954460,903440,040419,567408,780395,591391,257391,244381,170346,350
total assets17,44917,449481,637464,954460,903440,040419,567408,780395,591391,257391,244381,170346,350
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 622937470,637453,954449,903439,040418,567407,780394,591390,257390,244380,170345,350
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities0000000000000
total current liabilities622937470,637453,954449,903439,040418,567407,780394,591390,257390,244380,170345,350
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income13,21313,20010,00010,00010,00000000000
other liabilities0000000000000
provisions0000000000000
total long term liabilities13,21313,20010,00010,00010,00000000000
total liabilities13,83514,137480,637463,954459,903439,040418,567407,780394,591390,257390,244380,170345,350
net assets3,6143,3121,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000
total shareholders funds3,6143,3121,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000
Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit3732,854001,226-11-13-8-7-15-22-13-1
Depreciation0000000000000
Amortisation0000000000000
Tax-71-54200-23500000000
Stock0000-433,41516,37610,88611,2435,6892,08910,75530,490345,887
Debtors0-464,18816,6834,051460,9030000-707000
Creditors-315-469,70016,6834,05110,86320,47310,78713,1894,3341310,07434,820345,350
Accruals and Deferred Income133,2000010,00000000000
Deferred Taxes & Provisions0000000000000
Cash flow from operations0000-5,6344,086-1121,938-1,362-2,021-7734,317-538
Investing Activities
capital expenditure0000000000000
Change in Investments0000000000000
cash flow from investments0000000000000
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue0000-1,00000000001,000
interest000081113871522131
cash flow from financing0000-9921113871522131,001
cash and cash equivalents
cash0000-6,6254,097-991,946-1,355-2,006-7514,330463
overdraft0000000000000
change in cash0000-6,6254,097-991,946-1,355-2,006-7514,330463

farland trading (leicester) 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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Farland Trading (leicester) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for farland trading (leicester) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in LE5 area or any other competitors across 12 key performance metrics.

farland trading (leicester) limited Ownership

FARLAND TRADING (LEICESTER) LIMITED group structure

Farland Trading (Leicester) Limited has no subsidiary companies.

Ultimate parent company

FARLAND TRADING (LEICESTER) LIMITED

05599350

FARLAND TRADING (LEICESTER) LIMITED Shareholders

akbar virani 35%
jagruti lakhani 25%
atul lakhani 25%
zeenat virani 15%

farland trading (leicester) limited directors

Farland Trading (Leicester) Limited currently has 1 director, Mr Akbar Virani serving since Nov 2005.

officercountryagestartendrole
Mr Akbar ViraniUnited Kingdom65 years Nov 2005- Director

P&L

October 2021

turnover

73.4k

-1%

operating profit

372.8

0%

gross margin

24.8%

+18.47%

turnover

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

Balance Sheet

October 2021

net assets

3.6k

+0.09%

total assets

17.4k

0%

cash

0

0%

net assets

Total assets minus all liabilities

farland trading (leicester) limited company details

company number

05599350

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

October 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2021

previous names

farland trading limited (August 2022)

accountant

LAKHANICO

auditor

-

address

36 thurnview road, leicester, LE5 6HJ

Bank

-

Legal Advisor

-

farland trading (leicester) 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 farland trading (leicester) limited. Currently there are 1 open charges and 0 have been satisfied in the past.

farland trading (leicester) 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 FARLAND TRADING (LEICESTER) LIMITED. This can take several minutes, an email will notify you when this has completed.

farland trading (leicester) limited Companies House Filings - See Documents

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