furniture design services limited

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furniture design services limited Company Information

Share FURNITURE DESIGN SERVICES LIMITED

Company Number

05681267

Shareholders

jennifer stuart armitage

Group Structure

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Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 +1

Registered Address

king arthurs court, maidstone road, ashford, TN27 0JS

furniture design services limited Estimated Valuation

£59.2k

Pomanda estimates the enterprise value of FURNITURE DESIGN SERVICES LIMITED at £59.2k based on a Turnover of £142.3k and 0.42x industry multiple (adjusted for size and gross margin).

furniture design services limited Estimated Valuation

£13.4k

Pomanda estimates the enterprise value of FURNITURE DESIGN SERVICES LIMITED at £13.4k based on an EBITDA of £3.5k and a 3.8x industry multiple (adjusted for size and gross margin).

furniture design services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FURNITURE DESIGN SERVICES LIMITED at £0 based on Net Assets of £-99.8k and 2.35x industry multiple (adjusted for liquidity).

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Furniture Design Services Limited Overview

Furniture Design Services Limited is a live company located in ashford, TN27 0JS with a Companies House number of 05681267. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in January 2006, it's largest shareholder is jennifer stuart armitage with a 100% stake. Furniture Design Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £142.3k with declining growth in recent years.

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Furniture Design Services Limited Health Check

Pomanda's financial health check has awarded Furniture Design Services Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

8 Weak

size

Size

annual sales of £142.3k, make it smaller than the average company (£4.7m)

£142.3k - Furniture Design Services Limited

£4.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (9.6%)

-1% - Furniture Design Services Limited

9.6% - Industry AVG

production

Production

with a gross margin of 37.1%, this company has a comparable cost of product (37.1%)

37.1% - Furniture Design Services Limited

37.1% - Industry AVG

profitability

Profitability

an operating margin of 1.7% make it less profitable than the average company (4.7%)

1.7% - Furniture Design Services Limited

4.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (31)

1 - Furniture Design Services Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.4k, the company has an equivalent pay structure (£44.4k)

£44.4k - Furniture Design Services Limited

£44.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £142.3k, this is equally as efficient (£152.8k)

£142.3k - Furniture Design Services Limited

£152.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 56 days, this is later than average (40 days)

56 days - Furniture Design Services Limited

40 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Furniture Design Services Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 80 days, this is more than average (58 days)

80 days - Furniture Design Services Limited

58 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 (19 weeks)

0 weeks - Furniture Design Services Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 302.2%, this is a higher level of debt than the average (59.2%)

302.2% - Furniture Design Services Limited

59.2% - Industry AVG

FURNITURE DESIGN SERVICES LIMITED financials

EXPORTms excel logo

Furniture Design Services Limited's latest turnover from February 2024 is estimated at £142.3 thousand and the company has net assets of -£99.8 thousand. According to their latest financial statements, Furniture Design Services Limited has 1 employee and maintains cash reserves of £36 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover142,264100,94069,105145,375108,356129,3921125,223097,14151,95565,72056,327178,941163,484
Other Income Or Grants000000000000000
Cost Of Sales89,48863,37943,64089,85666,83178,403175,379059,36532,34041,44434,021107,52199,253
Gross Profit52,77637,56125,46455,51941,52650,990049,844037,77719,61424,27722,30671,42064,230
Admin Expenses50,39254,20462,94949,77750,72840,02825,02460,65626,51935,26820,71326,508-15,64471,49964,262
Operating Profit2,384-16,643-37,4855,742-9,20210,962-25,024-10,812-26,5192,509-1,099-2,23137,950-79-32
Interest Payable2,3932,3641,5101,1292,5393,7572,7141,575487000000
Interest Receivable36454219152752221403346851098633
Pre-Tax Profit27-18,962-38,9524,632-11,5897,279-27,717-12,366-26,9662,542-1,053-2,14638,05971
Tax-700-8800-1,383000-53400-9,895-20
Profit After Tax20-18,962-38,9523,752-11,5895,896-27,717-12,366-26,9662,008-1,053-2,14628,16451
Dividends Paid000000000000000
Retained Profit20-18,962-38,9523,752-11,5895,896-27,717-12,366-26,9662,008-1,053-2,14628,16451
Employee Costs44,41742,31739,84374,99373,83574,92673,21773,406036,74734,71534,01632,57662,90766,334
Number Of Employees111222220111122
EBITDA*3,522-15,283-35,8417,475-7,10213,477-21,931-7,285-23,8385,7292,076-20140,5431,7752,440

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets7,5788,71610,07610,91612,64914,60917,12419,2968,0419,6599,5266,0927,78210,3757,414
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets7,5788,71610,07610,91612,64914,60917,12419,2968,0419,6599,5266,0927,78210,3757,414
Stock & work in progress19,8504,3615,2692,50015870488700000000
Trade Debtors21,90313,1792,22505,57214,1359,4063,228015,5849,79710,9476,70511,57611,992
Group Debtors000000000000000
Misc Debtors0012810002450000000
Cash361,32691615,88721,90318,5601,4097,2379,8626,3046,93711,29222,66921,10713,373
misc current assets000011110000000
total current assets41,78918,8668,53818,38827,63433,40011,70310,7119,86221,88816,73422,23929,37432,68325,365
total assets49,36727,58218,61429,30440,28348,00928,82730,00717,90331,54726,26028,33137,15643,05832,779
Bank overdraft00000024800000000
Bank loan000000000000000
Trade Creditors 000010,55114,02017,5583,87904,4681,1892,2078,88642,95232,678
Group/Directors Accounts121,39580,61176,58140,87555,5850000000000
other short term finances4,8504,8505,3245,00000000000000
hp & lease commitments000000000000000
other current liabilities11,06720,9611,4505,3407,8104,8313,1392,9692,800000000
total current liabilities137,312106,42283,35551,21573,94618,85120,9456,8482,8004,4681,1892,2078,88642,95232,678
loans11,86020,98516,12220,00012,00063,23247,85235,41214,990000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities11,86020,98516,12220,00012,00063,23247,85235,41214,990000000
total liabilities149,172127,40799,47771,21585,94682,08368,79742,26017,7904,4681,1892,2078,88642,95232,678
net assets-99,805-99,825-80,863-41,911-45,663-34,074-39,970-12,25311327,07925,07126,12428,270106101
total shareholders funds-99,805-99,825-80,863-41,911-45,663-34,074-39,970-12,25311327,07925,07126,12428,270106101
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit2,384-16,643-37,4855,742-9,20210,962-25,024-10,812-26,5192,509-1,099-2,23137,950-79-32
Depreciation1,1381,3601,6441,7332,1002,5153,0933,5272,6813,2203,1752,0302,5931,8542,472
Amortisation000000000000000
Tax-700-8800-1,383000-53400-9,895-20
Stock15,489-9082,7692,342-546-18388700000000
Debtors8,72410,8262,352-5,571-8,5634,7295,9333,473-15,5845,787-1,1504,242-4,871-41611,992
Creditors000-10,551-3,469-3,53813,6793,879-4,4683,279-1,018-6,679-34,06610,27432,678
Accruals and Deferred Income-9,89419,511-3,890-2,4702,9791,6921701692,800000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-30,592-5,690-44,852-3,1971,5175,702-14,902-6,710-9,9222,6872,208-11,1221,45312,46323,126
Investing Activities
capital expenditure00-8040-1400-921-14,782-1,063-3,353-6,609-3400-4,815-9,886
Change in Investments000000000000000
cash flow from investments00-8040-1400-921-14,782-1,063-3,353-6,609-3400-4,815-9,886
Financing Activities
Bank loans000000000000000
Group/Directors Accounts40,7844,03035,706-14,71055,5850000000000
Other Short Term Loans 0-4743245,00000000000000
Long term loans-9,1254,863-3,8788,000-51,23215,38012,44020,42214,990000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000000100
interest-2,357-2,319-1,468-1,110-2,387-3,682-2,692-1,554-4473346851098633
cash flow from financing29,3026,10030,684-2,8201,96611,6989,74818,86814,54333468510986133
cash and cash equivalents
cash-1,290410-14,971-6,0163,34317,151-5,828-2,6253,558-633-4,355-11,3771,5627,73413,373
overdraft00000-24824800000000
change in cash-1,290410-14,971-6,0163,34317,399-6,076-2,6253,558-633-4,355-11,3771,5627,73413,373

furniture design services 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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Furniture Design Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for furniture design services limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in TN27 area or any other competitors across 12 key performance metrics.

furniture design services limited Ownership

FURNITURE DESIGN SERVICES LIMITED group structure

Furniture Design Services Limited has no subsidiary companies.

Ultimate parent company

FURNITURE DESIGN SERVICES LIMITED

05681267

FURNITURE DESIGN SERVICES LIMITED Shareholders

jennifer stuart armitage 100%

furniture design services limited directors

Furniture Design Services Limited currently has 1 director, Mrs Jennifer Armitage serving since Jan 2015.

officercountryagestartendrole
Mrs Jennifer ArmitageEngland60 years Jan 2015- Director

P&L

February 2024

turnover

142.3k

+41%

operating profit

2.4k

0%

gross margin

37.1%

-0.31%

turnover

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

Balance Sheet

February 2024

net assets

-99.8k

0%

total assets

49.4k

+0.79%

cash

36

-0.97%

net assets

Total assets minus all liabilities

furniture design services limited company details

company number

05681267

Type

Private limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores

incorporation date

January 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

SPURLING CANNON

auditor

-

address

king arthurs court, maidstone road, ashford, TN27 0JS

Bank

-

Legal Advisor

-

furniture design services 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 furniture design services limited.

furniture design services 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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furniture design services limited Companies House Filings - See Documents

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