a3 furniture limited

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a3 furniture limited Company Information

Share A3 FURNITURE LIMITED

Company Number

05983705

Shareholders

jonathan wilding

deborah wilding

Group Structure

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Industry

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

 

Registered Address

89 hilton road, featherstone, wolverhampton, WV10 7AQ

a3 furniture limited Estimated Valuation

£95.4k

Pomanda estimates the enterprise value of A3 FURNITURE LIMITED at £95.4k based on a Turnover of £171.4k and 0.56x industry multiple (adjusted for size and gross margin).

a3 furniture limited Estimated Valuation

£44.8k

Pomanda estimates the enterprise value of A3 FURNITURE LIMITED at £44.8k based on an EBITDA of £18k and a 2.5x industry multiple (adjusted for size and gross margin).

a3 furniture limited Estimated Valuation

£0

Pomanda estimates the enterprise value of A3 FURNITURE LIMITED at £0 based on Net Assets of £-3.1k and 2.38x industry multiple (adjusted for liquidity).

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A3 Furniture Limited Overview

A3 Furniture Limited is a live company located in wolverhampton, WV10 7AQ with a Companies House number of 05983705. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in October 2006, it's largest shareholder is jonathan wilding with a 95% stake. A3 Furniture Limited is a established, micro sized company, Pomanda has estimated its turnover at £171.4k with declining growth in recent years.

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A3 Furniture Limited Health Check

Pomanda's financial health check has awarded A3 Furniture Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £171.4k, make it smaller than the average company (£9.6m)

£171.4k - A3 Furniture Limited

£9.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (7%)

-16% - A3 Furniture Limited

7% - Industry AVG

production

Production

with a gross margin of 30.4%, this company has a higher cost of product (47.9%)

30.4% - A3 Furniture Limited

47.9% - Industry AVG

profitability

Profitability

an operating margin of 10.5% make it as profitable than the average company (11.6%)

10.5% - A3 Furniture Limited

11.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (39)

2 - A3 Furniture Limited

39 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)

£48.2k - A3 Furniture Limited

£48.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £85.7k, this is less efficient (£225.3k)

£85.7k - A3 Furniture Limited

£225.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 74 days, this is later than average (57 days)

74 days - A3 Furniture Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 46 days, this is close to average (51 days)

46 days - A3 Furniture Limited

51 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - A3 Furniture Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - A3 Furniture Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 106.4%, this is a higher level of debt than the average (66%)

106.4% - A3 Furniture Limited

66% - Industry AVG

A3 FURNITURE LIMITED financials

EXPORTms excel logo

A3 Furniture Limited's latest turnover from December 2023 is estimated at £171.4 thousand and the company has net assets of -£3.1 thousand. According to their latest financial statements, A3 Furniture Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover171,409155,842488,447290,612245,550178,653209,376106,01374,07319,84322,52722,45840,89323,62028,286
Other Income Or Grants
Cost Of Sales119,269110,222353,666212,155178,470129,320156,59179,33353,92714,68916,71716,68630,42217,04420,618
Gross Profit52,14045,620134,78178,45767,08049,33252,78626,68020,1475,1545,8105,77110,4716,5767,668
Admin Expenses34,18526,635139,288112,30973,92540,88339,65050,70527,7298,788-5,138-34,62719,4747,687-9,306
Operating Profit17,95518,985-4,507-33,852-6,8458,44913,136-24,025-7,582-3,63410,94840,398-9,003-1,11116,974
Interest Payable
Interest Receivable2911510565907475
Pre-Tax Profit17,95518,985-4,507-33,852-6,8458,44913,136-23,996-7,467-3,52911,01340,488-8,929-1,10416,979
Tax-4,489-3,607-1,605-2,496-2,533-9,717-4,754
Profit After Tax13,46615,378-4,507-33,852-6,8456,84410,640-23,996-7,467-3,5298,48030,771-8,929-1,10412,225
Dividends Paid
Retained Profit13,46615,378-4,507-33,852-6,8456,84410,640-23,996-7,467-3,5298,48030,771-8,929-1,10412,225
Employee Costs96,37490,75086,53840,193121,363116,89775,30372,21935,55836,45435,25932,82933,08132,84231,606
Number Of Employees222133221111111
EBITDA*17,95518,985-4,507-33,852-6,8458,44913,136-24,025-1242,76817,80046,482-1,2716,51622,822

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets12,7362,81913,63827,36838,926101,52889,85461,74970,77712,24318,02713,71715,64016,98215,067
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets12,7362,81913,63827,36838,926101,52889,85461,74970,77712,24318,02713,71715,64016,98215,067
Stock & work in progress
Trade Debtors34,92935,916186,078100,03847,88421,29849,73211,62316,9422,5203,1621,8825,6705,7346,337
Group Debtors
Misc Debtors5813916611,0509,97519,60522,70742,2113,584
Cash23,02822,83919,2076,96629,0226652,068
misc current assets
total current assets35,51036,307186,739100,03848,93421,29849,73211,62349,94544,96445,07651,05934,6926,39911,989
total assets48,24639,126200,377127,40687,860122,826139,58673,372120,72257,20763,10364,77650,33223,38127,056
Bank overdraft
Bank loan
Trade Creditors 15,32515,527178,49571,23137,11839,11170,25729,65927,06616,89118,05824,69435,1129,15812,629
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities15,32515,527178,49571,23137,11839,11170,25729,65927,06616,89118,05824,69435,1129,15812,629
loans
hp & lease commitments
Accruals and Deferred Income1,2001,2001,2001,200900
other liabilities32,23938,39450,00082,37743,39270,42052,23837,26248,1094,4179,926
provisions2,5475362,59115,0002,4003,6002,7003,1003,1002,200
total long term liabilities35,98640,13053,79183,57744,29270,42052,23837,26263,1092,4003,6007,11713,0263,1002,200
total liabilities51,31155,657232,286154,80881,410109,531122,49566,92190,17519,29121,65831,81148,13812,25814,829
net assets-3,065-16,531-31,909-27,4026,45013,29517,0916,45130,54737,91641,44532,9652,19411,12312,227
total shareholders funds-3,065-16,531-31,909-27,4026,45013,29517,0916,45130,54737,91641,44532,9652,19411,12312,227
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit17,95518,985-4,507-33,852-6,8458,44913,136-24,025-7,582-3,63410,94840,398-9,003-1,11116,974
Depreciation7,4586,4026,8526,0847,7327,6275,848
Amortisation
Tax-4,489-3,607-1,605-2,496-2,533-9,717-4,754
Stock
Debtors-797-150,43286,70151,10427,6369,67538,109-15,2944,792-3,744-18,22438,423-64-4,1879,921
Creditors-202-162,968107,26434,113-1,9939,45240,5982,59310,175-1,167-6,636-10,41825,954-3,47112,629
Accruals and Deferred Income300900
Deferred Taxes & Provisions2,011-2,0552,591-15,00012,600-1,200900-4009002,200
Cash flow from operations16,07278718,647-50,543-35,5746,62113,129-21,13817,8594,14527,755-12,47624,7478,13222,976
Investing Activities
capital expenditure-9,91710,81913,73011,55862,602-39,779-28,1059,028-65,992-618-11,162-4,161-6,390-9,542-20,915
Change in Investments
cash flow from investments-9,91710,81913,73011,55862,602-39,779-28,1059,028-65,992-618-11,162-4,161-6,390-9,542-20,915
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-6,155-11,606-32,37738,985-27,02833,15814,976-10,84748,109-4,417-5,5099,926
share issue-100982
interest2911510565907475
cash flow from financing-6,155-11,606-32,37738,985-27,02833,15814,976-10,91848,322105-4,352-5,41910,00077
cash and cash equivalents
cash-23,0281893,63212,241-22,05628,357-1,4032,068
overdraft
change in cash-23,0281893,63212,241-22,05628,357-1,4032,068

a3 furniture 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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A3 Furniture Limited Competitor Analysis

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Perform a competitor analysis for a3 furniture limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WV10 area or any other competitors across 12 key performance metrics.

a3 furniture limited Ownership

A3 FURNITURE LIMITED group structure

A3 Furniture Limited has no subsidiary companies.

Ultimate parent company

A3 FURNITURE LIMITED

05983705

A3 FURNITURE LIMITED Shareholders

jonathan wilding 95%
deborah wilding 5%

a3 furniture limited directors

A3 Furniture Limited currently has 1 director, Jonathan Wilding serving since Jan 2008.

officercountryagestartendrole
Jonathan Wilding54 years Jan 2008- Director

P&L

December 2023

turnover

171.4k

+10%

operating profit

18k

0%

gross margin

30.5%

+3.91%

turnover

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

Balance Sheet

December 2023

net assets

-3.1k

-0.81%

total assets

48.2k

+0.23%

cash

0

0%

net assets

Total assets minus all liabilities

a3 furniture limited company details

company number

05983705

Type

Private limited with Share Capital

industry

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

October 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

89 hilton road, featherstone, wolverhampton, WV10 7AQ

Bank

-

Legal Advisor

-

a3 furniture 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 a3 furniture limited.

a3 furniture 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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a3 furniture limited Companies House Filings - See Documents

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