Pomanda estimates the enterprise value of FASTMOVE LETTINGS LTD at £740.1k based on a Turnover of £295.1k and 2.51x industry multiple (adjusted for size and gross margin).
fastmove lettings ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of FASTMOVE LETTINGS LTD at £0 based on an EBITDA of £-5.6k and a 6.61x industry multiple (adjusted for size and gross margin).
fastmove lettings ltdEstimated Valuation
£137.6k
Pomanda estimates the enterprise value of FASTMOVE LETTINGS LTD at £137.6k based on Net Assets of £75.7k and 1.82x industry multiple (adjusted for liquidity).
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Fastmove Lettings LtdOverview
Fastmove Lettings Ltd is a live company located in cheshire, WA1 1EE with a Companies House number of 06319728. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in July 2007, it's largest shareholder is
james chadwick
with a 100% stake. Fastmove Lettings Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£295.1k with
high
growth in recent years.
Pomanda's financial health check has awarded Fastmove Lettings Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
4 Regular
4 Weak
Size
annual sales of £295.1k, make it in line with the average company (£319.6k)
£295.1k - Fastmove Lettings Ltd
£319.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (3.4%)
21% - Fastmove Lettings Ltd
3.4% - Industry AVG
Production
with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)
70.1% - Fastmove Lettings Ltd
70.1% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (7.3%)
-3.6% - Fastmove Lettings Ltd
7.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Fastmove Lettings Ltd
6 - Industry AVG
Pay Structure
on an average salary of £39.5k, the company has an equivalent pay structure (£39.5k)
£39.5k - Fastmove Lettings Ltd
£39.5k - Industry AVG
Efficiency
resulting in sales per employee of £98.4k, this is equally as efficient (£98.4k)
£98.4k - Fastmove Lettings Ltd
£98.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Fastmove Lettings Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Fastmove Lettings Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fastmove Lettings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 29 weeks, this is less cash available to meet short term requirements (50 weeks)
29 weeks - Fastmove Lettings Ltd
50 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.4%, this is a higher level of debt than the average (53.7%)
77.4% - Fastmove Lettings Ltd
53.7% - Industry AVG
FASTMOVE LETTINGS LTD financials
EXPORT
Fastmove Lettings Ltd's latest turnover from August 2023 is estimated at £295.1 thousand and the company has net assets of £75.7 thousand. According to their latest financial statements, Fastmove Lettings Ltd has 3 employees and maintains cash reserves of £147.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
295,124
170,766
160,279
168,075
181,771
307,727
307,430
666,811
366,392
265,904
395,998
596,932
832,583
905,031
Other Income Or Grants
Cost Of Sales
88,188
45,131
40,749
35,037
33,794
63,697
54,218
299,688
205,181
147,851
234,783
351,976
500,197
537,943
Gross Profit
206,935
125,636
119,530
133,037
147,976
244,030
253,212
367,123
161,211
118,054
161,215
244,956
332,386
367,089
Admin Expenses
217,656
88,767
72,901
87,473
145,606
244,030
273,600
351,969
134,823
100,061
132,008
218,939
317,151
352,427
122,222
Operating Profit
-10,721
36,869
46,629
45,564
2,370
-20,388
15,154
26,388
17,993
29,207
26,017
15,235
14,662
-122,222
Interest Payable
Interest Receivable
8,043
2,552
97
78
354
141
349
68
4
4
1
1
Pre-Tax Profit
-2,678
39,421
46,726
45,642
2,723
-20,247
15,504
26,456
17,997
29,210
26,017
15,235
14,663
-122,221
Tax
-7,490
-8,878
-8,672
-517
-3,101
-5,291
-3,779
-6,718
-6,244
-3,961
-4,105
Profit After Tax
-2,678
31,931
37,848
36,970
2,206
-20,247
12,403
21,165
14,218
22,492
19,773
11,274
10,557
-122,221
Dividends Paid
Retained Profit
-2,678
31,931
37,848
36,970
2,206
-20,247
12,403
21,165
14,218
22,492
19,773
11,274
10,557
-122,221
Employee Costs
118,419
75,000
71,724
68,302
66,231
63,225
123,761
206,012
100,064
102,657
135,714
161,627
231,168
270,035
Number Of Employees
3
2
2
2
2
2
4
6
3
3
4
5
7
8
EBITDA*
-5,648
43,841
51,552
50,385
2,370
-20,388
16,456
27,868
20,448
30,469
28,794
20,332
20,868
-114,593
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
18,258
22,423
19,145
14,655
976
2,930
2,930
3,137
4,439
2,839
3,786
5,048
16,325
24,422
30,628
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
18,258
22,423
19,145
14,655
976
2,930
2,930
3,137
4,439
2,839
3,786
5,048
16,325
24,422
30,628
Stock & work in progress
Trade Debtors
65,966
65,966
Group Debtors
21,450
Misc Debtors
169,978
166,752
127,359
32,905
Cash
147,236
159,162
132,534
61,381
94,369
112,754
26,952
200
1,416
94
77
212
misc current assets
3,140
total current assets
317,214
325,914
259,893
97,426
94,369
65,966
65,966
112,754
26,952
200
1,416
94
21,527
212
total assets
335,472
348,337
279,038
112,081
95,345
68,896
68,896
115,891
31,391
3,039
5,202
5,048
16,419
45,949
30,840
Bank overdraft
Bank loan
Trade Creditors
99,482
99,482
126,229
54,132
46,945
63,326
85,664
116,808
157,612
153,060
Group/Directors Accounts
31,022
17,293
other short term finances
hp & lease commitments
other current liabilities
259,780
269,967
232,599
72,468
106,431
total current liabilities
259,780
269,967
232,599
103,490
123,724
99,482
99,482
126,229
54,132
46,945
63,326
85,664
116,808
157,612
153,060
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
259,780
269,967
232,599
103,490
123,724
99,482
99,482
126,229
54,132
46,945
63,326
85,664
116,808
157,612
153,060
net assets
75,692
78,370
46,439
8,591
-28,379
-30,586
-30,586
-10,338
-22,741
-43,906
-58,124
-80,616
-100,389
-111,663
-122,220
total shareholders funds
75,692
78,370
46,439
8,591
-28,379
-30,586
-30,586
-10,338
-22,741
-43,906
-58,124
-80,616
-100,389
-111,663
-122,220
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 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
-10,721
36,869
46,629
45,564
2,370
-20,388
15,154
26,388
17,993
29,207
26,017
15,235
14,662
-122,222
Depreciation
5,073
6,972
4,923
4,821
1,302
1,480
2,455
1,262
2,777
5,097
6,206
7,629
Amortisation
Tax
-7,490
-8,878
-8,672
-517
-3,101
-5,291
-3,779
-6,718
-6,244
-3,961
-4,105
Stock
Debtors
3,226
39,393
94,454
32,905
-65,966
65,966
-21,450
21,450
Creditors
-99,482
-26,747
72,097
7,187
-16,381
-22,338
-31,144
-40,804
4,552
153,060
Accruals and Deferred Income
-10,187
37,368
160,131
-33,963
106,431
Deferred Taxes & Provisions
Cash flow from operations
-19,061
34,326
108,351
-25,155
74,768
-113,101
85,452
29,764
288
1,413
-8,594
-2,983
-135
38,467
Investing Activities
capital expenditure
-908
-10,250
-9,413
-18,500
1,954
207
-3,080
-1,508
8,500
3,000
-38,257
Change in Investments
cash flow from investments
-908
-10,250
-9,413
-18,500
1,954
207
-3,080
-1,508
8,500
3,000
-38,257
Financing Activities
Bank loans
Group/Directors Accounts
-31,022
13,729
17,293
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
-1
1
interest
8,043
2,552
97
78
354
141
349
68
4
4
1
1
cash flow from financing
8,043
2,552
-30,925
13,807
17,648
140
349
68
4
4
1
2
cash and cash equivalents
cash
-11,926
26,628
71,153
-32,988
94,369
-112,754
85,802
26,752
-1,216
1,416
-94
17
-135
212
overdraft
change in cash
-11,926
26,628
71,153
-32,988
94,369
-112,754
85,802
26,752
-1,216
1,416
-94
17
-135
212
fastmove lettings ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for fastmove lettings ltd. Get real-time insights into fastmove lettings ltd's credit score, group structure and payment trends.
Perform a competitor analysis for fastmove lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WA1 area or any other competitors across 12 key performance metrics.
fastmove lettings ltd Ownership
FASTMOVE LETTINGS LTD group structure
Fastmove Lettings Ltd has no subsidiary companies.
Ultimate parent company
FASTMOVE LETTINGS LTD
06319728
FASTMOVE LETTINGS LTD Shareholders
The sole shareholder of Fastmove Lettings Ltd is James Chadwick.
james chadwick
100%
fastmove lettings ltd directors
Fastmove Lettings Ltd currently has 1 director, Mr James Chadwick serving since Sep 2017.
68320 - Management of real estate on a fee or contract basis
incorporation date
July 2007
age
18
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
HAINES WATTS
auditor
-
address
21 cairo street, warrington, cheshire, WA1 1EE
Bank
-
Legal Advisor
-
fastmove lettings ltd 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 fastmove lettings ltd.
fastmove lettings ltd 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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fastmove lettings ltdCompanies House Filings - See Documents
