farfetch uk limited

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farfetch uk limited Company Information

Share FARFETCH UK LIMITED
Live 
EstablishedMegaRapid

Company Number

06400760

Registered Address

the bower 211 old street, london, EC1V 9NR

Industry

Retail sale via mail order houses or via Internet

 

Telephone

02039622362

Next Accounts Due

234 days late

Group Structure

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Directors

Jose Neves16 Years

Stephanie Phair4 Years

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Shareholders

farfetch.com limited 100%

farfetch uk limited Estimated Valuation

£606.4m

Pomanda estimates the enterprise value of FARFETCH UK LIMITED at £606.4m based on a Turnover of £945.6m and 0.64x industry multiple (adjusted for size and gross margin).

farfetch uk limited Estimated Valuation

£992.4m

Pomanda estimates the enterprise value of FARFETCH UK LIMITED at £992.4m based on an EBITDA of £96.8m and a 10.25x industry multiple (adjusted for size and gross margin).

farfetch uk limited Estimated Valuation

£35.6m

Pomanda estimates the enterprise value of FARFETCH UK LIMITED at £35.6m based on Net Assets of £18m and 1.98x industry multiple (adjusted for liquidity).

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Farfetch Uk Limited Overview

Farfetch Uk Limited is a live company located in london, EC1V 9NR with a Companies House number of 06400760. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in October 2007, it's largest shareholder is farfetch.com limited with a 100% stake. Farfetch Uk Limited is a established, mega sized company, Pomanda has estimated its turnover at £945.6m with rapid growth in recent years.

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Farfetch Uk Limited Health Check

Pomanda's financial health check has awarded Farfetch Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

9 Strong

positive_score

0 Regular

positive_score

3 Weak

size

Size

annual sales of £945.6m, make it larger than the average company (£735k)

£945.6m - Farfetch Uk Limited

£735k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (8.9%)

37% - Farfetch Uk Limited

8.9% - Industry AVG

production

Production

with a gross margin of 51.5%, this company has a lower cost of product (36.1%)

51.5% - Farfetch Uk Limited

36.1% - Industry AVG

profitability

Profitability

an operating margin of 4.4% make it less profitable than the average company (5.7%)

4.4% - Farfetch Uk Limited

5.7% - Industry AVG

employees

Employees

with 951 employees, this is above the industry average (9)

951 - Farfetch Uk Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £155.8k, the company has a higher pay structure (£29.6k)

£155.8k - Farfetch Uk Limited

£29.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £994.3k, this is more efficient (£209.8k)

£994.3k - Farfetch Uk Limited

£209.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (23 days)

1 days - Farfetch Uk Limited

23 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 144 days, this is slower than average (37 days)

144 days - Farfetch Uk Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (68 days)

1 days - Farfetch Uk Limited

68 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (25 weeks)

35 weeks - Farfetch Uk Limited

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (70.5%)

99.3% - Farfetch Uk Limited

70.5% - Industry AVG

farfetch uk 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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Farfetch Uk Limited Competitor Analysis

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Perform a competitor analysis for farfetch uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

farfetch uk limited Ownership

FARFETCH UK LIMITED group structure

Farfetch Uk Limited has 8 subsidiary companies.

FARFETCH UK LIMITED Shareholders

farfetch.com limited 100%

farfetch uk limited directors

Farfetch Uk Limited currently has 5 directors. The longest serving directors include Mr Jose Neves (Nov 2007) and Mrs Stephanie Phair (Oct 2019).

officercountryagestartendrole
Mr Jose NevesEngland49 years Nov 2007- Director
Mrs Stephanie PhairEngland45 years Oct 2019- Director
Mr Akshay NavleUnited Kingdom42 years Jan 2024- Director
Mr Gaurav AnandEngland48 years Jan 2024- Director
Jonathan LeeEngland46 years Jan 2024- Director

FARFETCH UK LIMITED financials

EXPORTms excel logo

Farfetch Uk Limited's latest turnover from December 2021 is £945.6 million and the company has net assets of £18 million. According to their latest financial statements, Farfetch Uk Limited has 951 employees and maintains cash reserves of £952.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Jun 2010
Turnover945,574,297639,529,497440,841,115369,381,000247,712,000140,836,00087,122,34252,881,55223,285,74311,550,9144,889,9601,390,277
Other Income Or Grants000000000000
Cost Of Sales459,031,325280,732,537202,409,700160,586,00082,964,00068,378,00037,223,28920,782,15310,022,8305,378,8772,180,221706,693
Gross Profit486,542,972358,796,960238,431,415208,795,000164,748,00072,458,00049,899,05332,099,39913,262,9136,172,0372,709,739683,584
Admin Expenses444,731,727608,120,883426,326,457295,404,000225,034,000107,751,00076,413,32536,449,65019,697,9159,106,0586,530,5021,145,105
Operating Profit41,811,245-249,323,923-187,895,042-86,609,000-60,286,000-35,293,000-26,514,272-4,350,251-6,435,002-2,934,021-3,820,763-461,521
Interest Payable44,275,50230,320,666912,05287,0001,178,0009,287,00079,3685,319289,994107,60181,8222,659
Interest Receivable16,600,0009,645,31317,203,04012,676,0001,883,000406,0001,553,94282,1182,6308503000
Pre-Tax Profit139,535,743-478,415,490-212,470,503-74,020,000-76,868,000-37,071,000-28,677,037-4,910,157-6,552,774-3,040,772-7,504,152-464,180
Tax40,161-107,854-439,377-160,0001,096,0001,369,000000000
Profit After Tax139,575,904-478,523,344-212,909,881-74,180,000-75,772,000-35,702,000-28,677,037-4,910,157-6,552,774-3,040,772-7,504,152-464,180
Dividends Paid000000000000
Retained Profit139,575,904-478,523,344-212,909,881-74,180,000-75,772,000-35,702,000-28,677,037-4,910,157-6,552,774-3,040,772-7,504,152-464,180
Employee Costs148,202,410174,400,290105,271,80655,426,00034,750,00028,815,00015,317,55014,543,8348,281,3164,107,6303,466,423168,579
Number Of Employees9518246965903672331891217135278
EBITDA*96,824,096-208,872,241-163,607,673-74,754,000-54,604,000-32,145,000-26,326,520-4,238,727-6,365,388-2,925,418-3,816,632-461,521

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Jun 2010
Tangible Assets572,844,980461,617,083209,273,97874,538,000145,991,000100,756,00056,846,50014,007,517453,564424,13312,3940
Intangible Assets184,538,153136,073,109116,256,96755,549,00028,853,00010,443,0004,168,037130,4980000
Investments & Other371,040,160292,375,67892,388,70739,845,00039,593,00034,263,00024,285,5812,121,211206,236206,236206,236146,697
Debtors (Due After 1 year)174,836,947144,174,44887,920,37628,947,000101,120,00061,171,00028,312,74511,665,3070000
Total Fixed Assets757,383,132597,690,191325,530,944130,087,000174,844,000111,199,00061,014,53714,138,015453,564424,133218,630146,697
Stock & work in progress1,552,6101,099,5291,693,811996,000227,000193,00025,4024,2390000
Trade Debtors4,505,2211,908,7952,692,7250002,691,961000062,146
Group Debtors0188,787,549228,747,0142,00000009,433,5144,893,0431,369,335505,711
Misc Debtors685,172,69049,862,46849,636,62677,393,00018,041,0008,026,0002,069,2603,372,952651,1171,793,525893,708209,043
Cash952,651,405997,251,538109,948,606797,520,000266,887,000102,704,00036,879,74017,211,4225,728,6111,149,9931,786,888448,473
misc current assets80,297,99200000000000
total current assets1,724,179,9201,238,909,881392,718,784875,911,000285,155,000110,923,00041,666,36320,588,61315,813,2427,836,5614,049,9311,225,373
total assets2,481,563,0521,836,600,072718,249,7281,005,998,000459,999,000222,122,000102,680,90034,726,62816,266,8068,260,6944,268,5611,372,070
Bank overdraft0000000194,635677,573763,636363,6360
Bank loan000000000000
Trade Creditors 182,263,454142,235,252112,521,89664,272,00059,452,00037,109,0009,525,1534,846,7342,141,7791,090,667480,383569,070
Group/Directors Accounts100000000093,45930,534
other short term finances000002,165,00000021,52500
hp & lease commitments3,977,5103,038,0022,259,862000000000
other current liabilities1,201,059,434722,055,010440,403,183478,306,00032,144,0009,815,00025,663,20917,821,4886,718,1974,447,0772,315,630715,790
total current liabilities1,387,300,402867,328,266555,184,944542,578,00091,596,00049,089,00035,188,36222,862,8579,537,5496,322,9053,253,1081,315,394
loans38,679,51838,081,79442,961,9960028,094,000115,784,94733,931,93524,676,42214,097,0319,412,711949,782
hp & lease commitments19,339,75919,040,89721,480,998000000000
Accruals and Deferred Income000000000000
other liabilities1,015,298,7941,027,991,31340,938,110233,138,000492,202,000227,620,000000000
provisions83,285,139152,221,49712,044,8775,858,0005,702,0004,292,000000000
total long term liabilities1,076,281,1241,123,142,96068,441,549236,067,000495,053,000243,813,000115,784,94733,931,93524,676,42213,375,8199,412,711949,782
total liabilities2,463,581,5261,990,471,226623,626,493778,645,000586,649,000292,902,000150,973,30956,794,79234,213,97119,698,72412,665,8192,265,176
net assets17,981,526-153,871,15594,623,235227,353,000-126,650,000-70,780,000-48,292,409-22,068,164-17,947,165-11,438,030-8,397,258-893,106
total shareholders funds17,981,526-153,871,15594,623,236227,353,000-126,650,000-70,780,000-48,292,409-22,068,164-17,947,165-11,438,030-8,397,258-893,106
Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Jun 2010
Operating Activities
Operating Profit41,811,245-249,323,923-187,895,042-86,609,000-60,286,000-35,293,000-26,514,272-4,350,251-6,435,002-2,934,021-3,820,763-461,521
Depreciation4,406,4264,275,0634,128,845922,000647,000466,00010,73987,06269,6148,6034,1310
Amortisation50,606,42536,176,61920,158,52310,933,0005,035,0002,682,000177,01324,4620000
Tax40,161-107,854-439,377-160,0001,096,0001,369,000000000
Stock453,081-594,282697,811769,00034,000167,59821,1634,2390000
Debtors479,781,59815,736,518262,654,742-12,819,00049,964,00036,123,03418,035,7074,953,6283,398,0634,423,5251,486,143776,900
Creditors40,028,20229,713,35548,249,8964,820,00022,343,00027,583,8474,678,4192,704,9551,051,112610,284-88,687569,070
Accruals and Deferred Income479,004,424281,651,827-37,902,817446,162,00022,329,000-15,848,2097,841,72111,103,2912,271,1202,131,4471,599,840715,790
Deferred Taxes & Provisions-68,936,358140,176,6206,186,877156,0001,410,0004,292,000000000
Cash flow from operations66,725,846227,419,471-410,865,648388,274,000-57,424,000-51,038,994-31,863,2504,611,652-6,441,219-4,607,212-3,791,62246,439
Investing Activities
capital expenditure-214,705,791-312,610,929-219,731,31432,902,000-69,327,000-53,332,463-47,064,274-13,795,975-99,045-420,342-16,5250
Change in Investments78,664,482199,986,97152,543,707252,0005,330,0009,977,41922,164,3701,914,9750059,539146,697
cash flow from investments-293,370,273-512,597,900-272,275,02132,650,000-74,657,000-63,309,882-69,228,644-15,710,950-99,045-420,342-76,064-146,697
Financing Activities
Bank loans000000000000
Group/Directors Accounts100000000-93,45962,92530,534
Other Short Term Loans 0000-2,165,0002,165,00000-21,52521,52500
Long term loans597,724-4,880,20242,961,9960-28,094,000-87,690,94781,853,0129,255,51310,579,3914,684,3208,462,929949,782
Hire Purchase and Lease Commitments1,238,370-1,661,96123,740,860000000000
other long term liabilities-12,692,519987,053,203-192,199,890-259,064,000264,582,000227,620,000000000
share issue32,276,777230,028,95480,180,117428,183,00019,902,00013,214,4092,452,792789,15843,63900-428,926
interest-27,675,502-20,675,35316,290,98812,589,000705,000-8,881,0001,474,57476,799-287,364-106,751-81,522-2,659
cash flow from financing-6,255,1491,189,864,641-29,025,929181,708,000254,930,000146,427,46285,780,37810,121,47010,314,1414,505,6358,444,332548,731
cash and cash equivalents
cash-44,600,133887,302,932-687,571,394530,633,000164,183,00065,824,26019,668,31811,482,8114,578,618-636,8951,338,415448,473
overdraft000000-194,635-482,938-86,063400,000363,6360
change in cash-44,600,133887,302,932-687,571,394530,633,000164,183,00065,824,26019,862,95311,965,7494,664,681-1,036,895974,779448,473

P&L

December 2021

turnover

945.6m

+48%

operating profit

41.8m

-117%

gross margin

51.5%

-8.29%

turnover

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

Balance Sheet

December 2021

net assets

18m

-1.12%

total assets

2.5b

+0.35%

cash

952.7m

-0.04%

net assets

Total assets minus all liabilities

farfetch uk limited company details

company number

06400760

Type

Private limited with Share Capital

industry

47910 - Retail sale via mail order houses or via Internet

incorporation date

October 2007

age

17

accounts

Full Accounts

ultimate parent company

FARFETCH LTD

previous names

farfetch.com limited (June 2013)

far-fetch.com limited (May 2010)

incorporated

UK

address

the bower 211 old street, london, EC1V 9NR

last accounts submitted

December 2021

farfetch uk 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 16 charges/mortgages relating to farfetch uk limited. Currently there are 8 open charges and 8 have been satisfied in the past.

charges

farfetch uk limited Companies House Filings - See Documents

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