liquid friday limited
liquid friday limited Company Information
Company Number
05887477
Website
www.liquidfriday.co.ukRegistered Address
the port house marina keep, port solent, portsmouth, PO6 4TH
Industry
Other business support service activities n.e.c.
Telephone
02392883300
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
daniel andre mcpherson 40.5%
byrd trading ltd 33.1%
View Allliquid friday limited Estimated Valuation
Pomanda estimates the enterprise value of LIQUID FRIDAY LIMITED at £139.9m based on a Turnover of £214.2m and 0.65x industry multiple (adjusted for size and gross margin).
liquid friday limited Estimated Valuation
Pomanda estimates the enterprise value of LIQUID FRIDAY LIMITED at £1.6m based on an EBITDA of £317.3k and a 4.99x industry multiple (adjusted for size and gross margin).
liquid friday limited Estimated Valuation
Pomanda estimates the enterprise value of LIQUID FRIDAY LIMITED at £4.3m based on Net Assets of £1.7m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Liquid Friday Limited Overview
Liquid Friday Limited is a live company located in portsmouth, PO6 4TH with a Companies House number of 05887477. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2006, it's largest shareholder is daniel andre mcpherson with a 40.5% stake. Liquid Friday Limited is a established, mega sized company, Pomanda has estimated its turnover at £214.2m with rapid growth in recent years.
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Liquid Friday Limited Health Check
Pomanda's financial health check has awarded Liquid Friday Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
7 Weak
Size
annual sales of £214.2m, make it larger than the average company (£3.6m)
£214.2m - Liquid Friday Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (4.9%)
42% - Liquid Friday Limited
4.9% - Industry AVG
Production
with a gross margin of 1.9%, this company has a higher cost of product (37.5%)
1.9% - Liquid Friday Limited
37.5% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (6.1%)
0.1% - Liquid Friday Limited
6.1% - Industry AVG
Employees
with 2019 employees, this is above the industry average (23)
2019 - Liquid Friday Limited
23 - Industry AVG
Pay Structure
on an average salary of £62.4k, the company has a higher pay structure (£47.4k)
£62.4k - Liquid Friday Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £106.1k, this is less efficient (£151.6k)
£106.1k - Liquid Friday Limited
£151.6k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (40 days)
26 days - Liquid Friday Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
0 days - Liquid Friday Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Liquid Friday Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (25 weeks)
8 weeks - Liquid Friday Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.5%, this is a higher level of debt than the average (61.5%)
92.5% - Liquid Friday Limited
61.5% - Industry AVG
LIQUID FRIDAY LIMITED financials
Liquid Friday Limited's latest turnover from July 2023 is £214.2 million and the company has net assets of £1.7 million. According to their latest financial statements, Liquid Friday Limited has 2,019 employees and maintains cash reserves of £3.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 214,206,801 | 187,540,636 | 107,314,179 | 75,540,783 | 90,612,186 | 90,256,106 | 68,442,842 | 55,507,543 | 63,960,281 | 63,673,842 | 57,171,356 | 46,000,521 | 30,935,345 | 17,856,538 | 6,304,847 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 210,042,815 | 183,485,923 | 105,079,954 | 73,680,655 | 88,470,246 | 88,156,426 | 66,950,409 | 54,141,340 | 62,083,474 | 61,993,820 | 55,226,215 | 44,670,653 | 29,898,449 | 6,104,293 | |
| Gross Profit | 4,163,986 | 4,054,713 | 2,234,225 | 1,860,128 | 2,141,940 | 2,099,680 | 1,492,433 | 1,366,203 | 1,876,807 | 1,680,022 | 1,945,141 | 1,329,868 | 1,036,896 | 200,554 | |
| Admin Expenses | 3,968,854 | 3,266,147 | 2,197,943 | 1,838,731 | 1,955,016 | 1,748,547 | 1,308,513 | 1,376,675 | 1,591,955 | 1,513,186 | 1,281,657 | 895,795 | 766,052 | 217,277 | |
| Operating Profit | 195,132 | 788,566 | 36,282 | 21,397 | 186,924 | 351,133 | 183,920 | -10,472 | 284,852 | 166,836 | 663,484 | 434,073 | 270,844 | 100,103 | -16,723 |
| Interest Payable | 232,729 | 113,253 | 50,503 | 15,166 | 0 | 0 | 0 | 0 | 0 | 1,135 | 4,456 | 2,170 | 4,456 | 0 | 0 |
| Interest Receivable | 116,253 | 69,985 | 59,132 | 32,410 | 14,637 | 17,832 | 20,239 | 25,768 | 30,001 | 0 | 0 | 0 | 0 | 0 | 717 |
| Pre-Tax Profit | 78,656 | 745,298 | 44,911 | 38,641 | 201,561 | 368,965 | 204,159 | 15,296 | 314,853 | 165,701 | 659,028 | 431,903 | 266,388 | 100,103 | -16,006 |
| Tax | -25,421 | -143,382 | -17,347 | -11,081 | -41,747 | -75,900 | -43,498 | -6,156 | -69,077 | -44,388 | -161,153 | -115,055 | -82,668 | -17,116 | 0 |
| Profit After Tax | 53,235 | 601,916 | 27,564 | 27,560 | 159,814 | 293,065 | 160,661 | 9,140 | 245,776 | 121,313 | 497,875 | 316,848 | 183,720 | 82,987 | -16,006 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 114,000 | 0 | 0 | 0 | 250,000 | 350,000 | 250,000 | 104,527 | 55,600 | 0 |
| Retained Profit | 53,235 | 601,916 | 27,564 | 27,560 | 159,814 | 179,065 | 160,661 | 9,140 | 245,776 | -128,687 | 147,875 | 66,848 | 79,193 | 27,387 | -16,006 |
| Employee Costs | 125,892,823 | 115,938,791 | 69,277,718 | 48,173,677 | 58,299,751 | 64,213,152 | 50,214,850 | 49,416,571 | 55,624,460 | 45,217,723 | 51,577,291 | 41,665,873 | 26,408,311 | 10,748,499 | 4,785,496 |
| Number Of Employees | 2,019 | 2,133 | 1,434 | 1,290 | 1,376 | 1,554 | 1,682 | 1,625 | 1,825 | 1,794 | 1,678 | 1,463 | 1,060 | 805 | 372 |
| EBITDA* | 317,317 | 868,907 | 110,806 | 65,420 | 232,477 | 395,045 | 232,860 | 50,100 | 333,864 | 207,257 | 691,109 | 449,834 | 281,227 | 108,549 | -13,904 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 70,495 | 114,390 | 117,160 | 77,461 | 89,906 | 74,438 | 93,808 | 117,756 | 162,777 | 164,736 | 141,398 | 32,722 | 25,903 | 18,188 | 5,637 |
| Intangible Assets | 288,872 | 215,272 | 241,904 | 261,801 | 140,567 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 359,367 | 329,662 | 359,064 | 339,262 | 230,473 | 74,438 | 93,808 | 117,756 | 162,777 | 164,736 | 141,398 | 32,722 | 25,903 | 18,188 | 5,637 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 15,318,044 | 13,519,882 | 5,866,782 | 1,320,110 | 3,110,363 | 3,582,904 | 3,156,133 | 2,001,372 | 1,377,144 | 2,327,791 | 2,394,713 | 2,068,608 | 1,725,176 | 183,086 | 127,517 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,269,778 | 2,341,512 | 5,140,204 | 2,706,799 | 194,823 | 267,129 | 414,024 | 767,188 | 2,430,081 | 2,096,648 | 2,078,428 | 901,928 | 905,183 | 509,353 | 5,732 |
| Cash | 3,529,326 | 5,267,825 | 6,454,999 | 5,689,767 | 3,077,365 | 3,938,879 | 5,077,358 | 1,439,858 | 2,038,017 | 621,368 | 826,614 | 1,174,197 | 515,355 | 657,895 | 501,102 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,117,148 | 21,129,219 | 17,461,985 | 9,716,676 | 6,382,551 | 7,788,912 | 8,647,515 | 4,208,418 | 5,845,242 | 5,045,807 | 5,299,755 | 4,144,733 | 3,145,714 | 1,350,334 | 634,351 |
| total assets | 22,476,515 | 21,458,881 | 17,821,049 | 10,055,938 | 6,613,024 | 7,863,350 | 8,741,323 | 4,326,174 | 6,008,019 | 5,210,543 | 5,441,153 | 4,177,455 | 3,171,617 | 1,368,522 | 639,988 |
| Bank overdraft | 2,286,193 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 95,152 | 68,530 | 58,086 | 68,970 | 52,466 | 91,881 | 97,089 | 61,838 | 41,945 | 67,848 | 148,578 | 133,873 | 260,796 | 39,162 | 19,289 |
| Group/Directors Accounts | 10,289 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,180 | 0 | 0 | 0 |
| other short term finances | 1,733,882 | 1,759,125 | 867,765 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 13,498 | 12,263 | 12,263 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 16,642,366 | 17,948,878 | 15,799,819 | 8,976,150 | 5,576,135 | 6,949,416 | 7,998,727 | 3,776,335 | 5,480,464 | 4,903,536 | 4,932,073 | 3,820,134 | 2,770,806 | 1,276,174 | 594,400 |
| total current liabilities | 20,781,380 | 19,788,796 | 16,737,933 | 9,045,120 | 5,628,601 | 7,041,297 | 8,095,816 | 3,838,173 | 5,522,409 | 4,971,384 | 5,080,651 | 3,972,187 | 3,031,602 | 1,315,336 | 614,189 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,199 | 16,932 | 30,429 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 9,699 | 23,158 | 24,608 | 10,310 | 11,494 | 8,977 | 11,515 | 14,670 | 21,419 | 20,744 | 13,400 | 6,041 | 7,636 | 0 | 0 |
| total long term liabilities | 11,898 | 40,090 | 55,037 | 10,310 | 11,494 | 8,977 | 11,515 | 14,670 | 21,419 | 20,744 | 13,400 | 6,041 | 7,636 | 0 | 0 |
| total liabilities | 20,793,278 | 19,828,886 | 16,792,970 | 9,055,430 | 5,640,095 | 7,050,274 | 8,107,331 | 3,852,843 | 5,543,828 | 4,992,128 | 5,094,051 | 3,978,228 | 3,039,238 | 1,315,336 | 614,189 |
| net assets | 1,683,202 | 1,629,967 | 1,028,051 | 1,000,487 | 972,908 | 813,076 | 633,992 | 473,331 | 464,191 | 218,415 | 347,102 | 199,227 | 132,379 | 53,186 | 25,799 |
| total shareholders funds | 1,683,202 | 1,629,967 | 1,028,051 | 1,000,487 | 972,908 | 813,076 | 633,992 | 473,331 | 464,191 | 218,415 | 347,102 | 199,227 | 132,379 | 53,186 | 25,799 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 195,132 | 788,566 | 36,282 | 21,397 | 186,924 | 351,133 | 183,920 | -10,472 | 284,852 | 166,836 | 663,484 | 434,073 | 270,844 | 100,103 | -16,723 |
| Depreciation | 50,608 | 53,709 | 50,111 | 44,023 | 45,553 | 43,912 | 48,940 | 60,572 | 49,012 | 40,421 | 27,625 | 15,761 | 10,383 | 8,446 | 2,819 |
| Amortisation | 71,577 | 26,632 | 24,413 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -25,421 | -143,382 | -17,347 | -11,081 | -41,747 | -75,900 | -43,498 | -6,156 | -69,077 | -44,388 | -161,153 | -115,055 | -82,668 | -17,116 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,726,428 | 4,854,408 | 6,980,077 | 721,723 | -544,847 | 279,876 | 801,597 | -1,038,665 | -617,214 | -48,702 | 1,502,605 | 340,177 | 1,937,920 | 559,190 | 133,249 |
| Creditors | 26,622 | 10,444 | -10,884 | 16,504 | -39,415 | -5,208 | 35,251 | 19,893 | -25,903 | -80,730 | 14,705 | -126,923 | 221,634 | 19,873 | 19,289 |
| Accruals and Deferred Income | -1,306,512 | 2,149,059 | 6,823,669 | 3,400,015 | -1,373,281 | -1,049,311 | 4,222,392 | -1,704,129 | 576,928 | -28,537 | 1,111,939 | 1,049,328 | 1,494,632 | 681,774 | 594,400 |
| Deferred Taxes & Provisions | -13,459 | -1,450 | 14,298 | -1,184 | 2,517 | -2,538 | -3,155 | -6,749 | 675 | 7,344 | 7,359 | -1,595 | 7,636 | 0 | 0 |
| Cash flow from operations | -3,727,881 | -1,970,830 | -59,535 | 2,747,951 | -674,602 | -1,017,788 | 3,642,253 | -608,376 | 1,433,701 | 109,648 | 161,354 | 915,412 | -15,459 | 233,890 | 466,536 |
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 10,040 | -2 | 849 | -91,982 | -63,759 | -136,301 | -22,580 | -18,098 | -20,997 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 10,040 | -2 | 849 | -91,982 | -63,759 | -136,301 | -22,580 | -18,098 | -20,997 | 0 |
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 10,289 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18,180 | 18,180 | 0 | 0 | 0 |
| Other Short Term Loans | -25,243 | 891,360 | 867,765 | 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 | 0 |
| Hire Purchase and Lease Commitments | -13,498 | -13,497 | 42,692 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -116,476 | -43,268 | 8,629 | 17,244 | 14,637 | 17,832 | 20,239 | 25,768 | 30,001 | -1,135 | -4,456 | -2,170 | -4,456 | 0 | 717 |
| cash flow from financing | -144,928 | 834,595 | 919,086 | 17,263 | 14,655 | 17,851 | 20,239 | 25,768 | 30,001 | -1,135 | -22,636 | 16,010 | -4,456 | 0 | 42,522 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,738,499 | -1,187,174 | 765,232 | 2,612,402 | -861,514 | -1,138,479 | 3,637,500 | -598,159 | 1,416,649 | -205,246 | -347,583 | 658,842 | -142,540 | 156,793 | 501,102 |
| overdraft | 2,286,193 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -500 | 500 |
| change in cash | -4,024,692 | -1,187,174 | 765,232 | 2,612,402 | -861,514 | -1,138,479 | 3,637,500 | -598,159 | 1,416,649 | -205,246 | -347,583 | 658,842 | -142,540 | 157,293 | 500,602 |
liquid friday limited Credit Report and Business Information
Liquid Friday Limited Competitor Analysis
Perform a competitor analysis for liquid friday limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in PO6 area or any other competitors across 12 key performance metrics.
liquid friday limited Ownership
LIQUID FRIDAY LIMITED group structure
Liquid Friday Limited has 2 subsidiary companies.
Ultimate parent company
LIQUID FRIDAY LIMITED
05887477
2 subsidiaries
liquid friday limited directors
Liquid Friday Limited currently has 2 directors. The longest serving directors include Mr Colin Gunnell (Sep 2016) and Mr Joseph Taffurelli (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Gunnell | England | 46 years | Sep 2016 | - | Director |
| Mr Joseph Taffurelli | England | 38 years | Jul 2022 | - | Director |
P&L
July 2023turnover
214.2m
+14%
operating profit
195.1k
-75%
gross margin
2%
-10.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.7m
+0.03%
total assets
22.5m
+0.05%
cash
3.5m
-0.33%
net assets
Total assets minus all liabilities
liquid friday limited company details
company number
05887477
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2006
age
18
incorporated
UK
accounts
Group
ultimate parent company
previous names
blake technical services limited (January 2009)
last accounts submitted
July 2023
address
the port house marina keep, port solent, portsmouth, PO6 4TH
accountant
-
auditor
MHA
liquid friday 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 3 charges/mortgages relating to liquid friday limited. Currently there are 1 open charges and 2 have been satisfied in the past.
liquid friday limited Companies House Filings - See Documents
| date | description | view/download |
|---|
