funftec ltd

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funftec ltd Company Information

Share FUNFTEC LTD

Company Number

06355304

Directors

Bridget Burke

Shareholders

ms bridget cecilia burke

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

devonshire house manor way, borehamwood, hertfordshire, WD6 1QQ

Website

-

funftec ltd Estimated Valuation

£76.9k

Pomanda estimates the enterprise value of FUNFTEC LTD at £76.9k based on a Turnover of £141.1k and 0.54x industry multiple (adjusted for size and gross margin).

funftec ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of FUNFTEC LTD at £0 based on an EBITDA of £-90k and a 3.99x industry multiple (adjusted for size and gross margin).

funftec ltd Estimated Valuation

£257.4k

Pomanda estimates the enterprise value of FUNFTEC LTD at £257.4k based on Net Assets of £120.7k and 2.13x industry multiple (adjusted for liquidity).

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Funftec Ltd Overview

Funftec Ltd is a live company located in hertfordshire, WD6 1QQ with a Companies House number of 06355304. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2007, it's largest shareholder is ms bridget cecilia burke with a 100% stake. Funftec Ltd is a established, micro sized company, Pomanda has estimated its turnover at £141.1k with declining growth in recent years.

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Funftec Ltd Health Check

Pomanda's financial health check has awarded Funftec Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £141.1k, make it smaller than the average company (£3.1m)

£141.1k - Funftec Ltd

£3.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -45%, show it is growing at a slower rate (4.1%)

-45% - Funftec Ltd

4.1% - Industry AVG

production

Production

with a gross margin of 38.5%, this company has a comparable cost of product (38.5%)

38.5% - Funftec Ltd

38.5% - Industry AVG

profitability

Profitability

an operating margin of -63.8% make it less profitable than the average company (6.5%)

-63.8% - Funftec Ltd

6.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (20)

1 - Funftec Ltd

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)

£44.8k - Funftec Ltd

£44.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £141.1k, this is equally as efficient (£141.1k)

£141.1k - Funftec Ltd

£141.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Funftec Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Funftec Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Funftec Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 415 weeks, this is more cash available to meet short term requirements (27 weeks)

415 weeks - Funftec Ltd

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 12.5%, this is a lower level of debt than the average (60.5%)

12.5% - Funftec Ltd

60.5% - Industry AVG

FUNFTEC LTD financials

EXPORTms excel logo

Funftec Ltd's latest turnover from March 2023 is estimated at £141.1 thousand and the company has net assets of £120.7 thousand. According to their latest financial statements, Funftec Ltd has 1 employee and maintains cash reserves of £137.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover141,129128,180333,395859,006682,077554,838535,778657,585630,646196,343250,838181,680288,709132,978
Other Income Or Grants
Cost Of Sales86,84879,551209,237533,007425,311344,585327,358410,242399,187125,080158,906112,088173,37879,194
Gross Profit54,28148,629124,158325,999256,766210,253208,419247,343231,45971,26391,93269,592115,33153,785
Admin Expenses144,30595,486126,359232,575198,471239,916225,466301,893195,13451,26137,31723,80335,031-12,400
Operating Profit-90,024-46,857-2,20193,42458,295-29,663-17,047-54,55036,32520,00254,61545,78980,30066,185
Interest Payable
Interest Receivable7,3131,522173120369169183609902936772576373133
Pre-Tax Profit-82,711-45,335-2,02893,54458,664-29,494-16,864-53,94137,22720,93855,38746,36580,67266,318
Tax-17,773-11,146-7,818-4,816-13,293-12,055-22,588-18,569
Profit After Tax-82,711-45,335-2,02875,77147,518-29,494-16,864-53,94129,40916,12242,09434,31058,08447,749
Dividends Paid
Retained Profit-82,711-45,335-2,02875,77147,518-29,494-16,864-53,94129,40916,12242,09434,31058,08447,749
Employee Costs44,77042,28040,23739,77538,58436,38235,539213,898177,68570,54869,61869,444102,88870,826
Number Of Employees11111116522232
EBITDA*-90,017-46,849-2,19293,43558,308-29,648-17,029-54,52936,35020,03154,75745,94580,46266,199

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets384553637487101119140165194336492653
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets384553637487101119140165194336492653
Stock & work in progress
Trade Debtors78,065156,070127,350148,485140,558125,000102,09923,88133,61225,11041,82116,400
Group Debtors
Misc Debtors1,329174818135,000
Cash137,920206,238199,614146,94393,8624,64263,08283,039160,389200,242174,219134,56195,77653,292
misc current assets
total current assets137,920207,567277,853303,094221,293188,127203,640208,039262,488224,123207,831159,671137,59769,692
total assets137,958207,612277,906303,157221,367188,214203,741208,158262,628224,288208,025160,007138,08970,345
Bank overdraft
Bank loan
Trade Creditors 1757515634,85925,92825,78719,86332,25522,595
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities17,2734,21629,17452,39846,37960,66946,70234,174
total current liabilities17,2734,21629,17552,39846,37960,74446,77734,33034,85925,92825,78719,86332,25522,595
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities17,2734,21629,17552,39846,37960,74446,77734,33034,85925,92825,78719,86332,25522,595
net assets120,685203,396248,731250,759174,988127,470156,964173,828227,769198,360182,238140,144105,83447,750
total shareholders funds120,685203,396248,731250,759174,988127,470156,964173,828227,769198,360182,238140,144105,83447,750
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-90,024-46,857-2,20193,42458,295-29,663-17,047-54,55036,32520,00254,61545,78980,30066,185
Depreciation7891113151821252914215616214
Amortisation
Tax-17,773-11,146-7,818-4,816-13,293-12,055-22,588-18,569
Stock
Debtors-1,329-76,910-77,91228,720-56,05442,92715,55822,90178,218-9,7318,502-16,71125,42116,400
Creditors-11-75-81-34,7038,9311415,924-12,3929,66022,595
Accruals and Deferred Income13,057-24,958-23,2246,019-14,29013,96712,52834,174
Deferred Taxes & Provisions
Cash flow from operations-75,6315,10252,49752,96188,851-58,608-20,140-77,959-40,75525,08738,88638,20942,11353,825
Investing Activities
capital expenditure1-1-1-667
Change in Investments
cash flow from investments1-1-1-667
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest7,3131,522173120369169183609902936772576373133
cash flow from financing7,3131,522173120369169183609902936772576373134
cash and cash equivalents
cash-68,3186,62452,67153,08189,220-58,440-19,957-77,350-39,85326,02339,65838,78542,48453,292
overdraft
change in cash-68,3186,62452,67153,08189,220-58,440-19,957-77,350-39,85326,02339,65838,78542,48453,292

funftec ltd 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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Funftec Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for funftec ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WD6 area or any other competitors across 12 key performance metrics.

funftec ltd Ownership

FUNFTEC LTD group structure

Funftec Ltd has no subsidiary companies.

Ultimate parent company

FUNFTEC LTD

06355304

FUNFTEC LTD Shareholders

ms bridget cecilia burke 100%

funftec ltd directors

Funftec Ltd currently has 1 director, Ms Bridget Burke serving since Aug 2007.

officercountryagestartendrole
Ms Bridget BurkeEngland69 years Aug 2007- Director

P&L

March 2023

turnover

141.1k

+10%

operating profit

-90k

0%

gross margin

38.5%

+1.38%

turnover

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

Balance Sheet

March 2023

net assets

120.7k

-0.41%

total assets

138k

-0.34%

cash

137.9k

-0.33%

net assets

Total assets minus all liabilities

funftec ltd company details

company number

06355304

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

August 2007

age

18

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

N/A

accountant

MILLER & CO

auditor

-

address

devonshire house manor way, borehamwood, hertfordshire, WD6 1QQ

Bank

-

Legal Advisor

-

funftec 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 funftec ltd.

funftec 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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funftec ltd Companies House Filings - See Documents

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