fit to dance (uk) limited

4

fit to dance (uk) limited Company Information

Share FIT TO DANCE (UK) LIMITED
Live 
EstablishedMicroHigh

Company Number

06455373

Registered Address

69 manchester road, altrincham, cheshire, WA14 4RH

Industry

Retail sale of footwear in specialised stores

 

Retail sale of clothing in specialised stores

 

Telephone

01612330567

Next Accounts Due

September 2025

Group Structure

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Directors

Malcolm Cormack16 Years

Carole Cormack16 Years

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Shareholders

carole cormack 38%

malcolm cormack 37%

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fit to dance (uk) limited Estimated Valuation

£181.7k

Pomanda estimates the enterprise value of FIT TO DANCE (UK) LIMITED at £181.7k based on a Turnover of £411.2k and 0.44x industry multiple (adjusted for size and gross margin).

fit to dance (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FIT TO DANCE (UK) LIMITED at £0 based on an EBITDA of £-2.1k and a 4.07x industry multiple (adjusted for size and gross margin).

fit to dance (uk) limited Estimated Valuation

£232.8k

Pomanda estimates the enterprise value of FIT TO DANCE (UK) LIMITED at £232.8k based on Net Assets of £80.4k and 2.89x industry multiple (adjusted for liquidity).

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Fit To Dance (uk) Limited Overview

Fit To Dance (uk) Limited is a live company located in cheshire, WA14 4RH with a Companies House number of 06455373. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in December 2007, it's largest shareholder is carole cormack with a 38% stake. Fit To Dance (uk) Limited is a established, micro sized company, Pomanda has estimated its turnover at £411.2k with high growth in recent years.

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Fit To Dance (uk) Limited Health Check

Pomanda's financial health check has awarded Fit To Dance (Uk) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £411.2k, make it smaller than the average company (£12m)

£411.2k - Fit To Dance (uk) Limited

£12m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (7.3%)

27% - Fit To Dance (uk) Limited

7.3% - Industry AVG

production

Production

with a gross margin of 48.3%, this company has a comparable cost of product (48.3%)

48.3% - Fit To Dance (uk) Limited

48.3% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (3.8%)

-0.5% - Fit To Dance (uk) Limited

3.8% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (89)

5 - Fit To Dance (uk) Limited

89 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.8k, the company has an equivalent pay structure (£26.8k)

£26.8k - Fit To Dance (uk) Limited

£26.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £82.2k, this is less efficient (£167.5k)

£82.2k - Fit To Dance (uk) Limited

£167.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Fit To Dance (uk) Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (33 days)

8 days - Fit To Dance (uk) Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 68 days, this is less than average (129 days)

68 days - Fit To Dance (uk) Limited

129 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 224 weeks, this is more cash available to meet short term requirements (10 weeks)

224 weeks - Fit To Dance (uk) Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 13.2%, this is a lower level of debt than the average (77.1%)

13.2% - Fit To Dance (uk) Limited

77.1% - Industry AVG

FIT TO DANCE (UK) LIMITED financials

EXPORTms excel logo

Fit To Dance (Uk) Limited's latest turnover from December 2023 is estimated at £411.2 thousand and the company has net assets of £80.4 thousand. According to their latest financial statements, Fit To Dance (Uk) Limited has 5 employees and maintains cash reserves of £52.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover411,158295,483194,037201,558263,490236,270145,611113,903645,695788,5141,039,1341,721,5522,619,7823,955,3160
Other Income Or Grants000000000000000
Cost Of Sales212,657154,773104,852104,728137,033116,39573,31458,640332,073407,829541,393913,0491,405,5112,136,3390
Gross Profit198,501140,70989,18596,830126,457119,87672,29755,263313,622380,686497,741808,5031,214,2721,818,9770
Admin Expenses200,597134,73178,52975,767157,092103,514110,662112,216326,474403,405473,839761,6661,243,6271,711,599-124,101
Operating Profit-2,0965,97810,65621,063-30,63516,362-38,365-56,953-12,852-22,71923,90246,837-29,355107,378124,101
Interest Payable000000000000000
Interest Receivable3,4642,84415547534702381183345301267204300306111
Pre-Tax Profit1,3688,82210,81121,110-30,10117,064-37,984-56,770-12,507-22,41824,16947,041-29,055107,685124,213
Tax-342-1,676-2,054-4,0110-3,2420000-5,559-11,2900-30,152-34,779
Profit After Tax1,0267,1468,75717,099-30,10113,822-37,984-56,770-12,507-22,41818,61035,751-29,05577,53389,433
Dividends Paid000000000000000
Retained Profit1,0267,1468,75717,099-30,10113,822-37,984-56,770-12,507-22,41818,61035,751-29,05577,53389,433
Employee Costs133,91176,79871,29971,35974,01747,09043,80742,40441,807143,563176,056305,433460,467684,5410
Number Of Employees533332222791624360
EBITDA*-2,0526,02310,72321,162-30,48616,584-38,290-56,841-12,702-22,50424,38247,014-29,195111,899128,140

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets5539113620330245115222733948969885832708,080
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets5539113620330245115222733948969885832708,080
Stock & work in progress39,77934,34636,62536,97542,14942,31441,22937,00637,53988,34786,84881,25634,96432,894193,071
Trade Debtors00000001,68264,21157,69580,587119,872170,984249,99944,430
Group Debtors000000000000000
Misc Debtors0001,3441,5811,70110,54525,5240000000
Cash52,33686,24376,28347,45346,25896,25491,03961,47884,73453,23966,97839,81541,87077,96344,565
misc current assets000000001,000000000
total current assets92,115120,589112,90885,77289,988140,269142,813125,690187,484199,281234,413240,943247,818360,856282,066
total assets92,668120,680113,04485,97590,290140,720142,965125,917187,823199,770235,111241,801248,145360,856290,146
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 4,723025,55112,84330,20552,8704,8242,55630,37629,81639,55034,85046,945102,468109,291
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities7,39841,24715,1979,58113,61411,24975,41922,6840000000
total current liabilities12,12141,24740,74822,42443,81964,11980,24325,24030,37629,81639,55034,85046,945102,468109,291
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000000003,18933,18963,18991,32291,322
provisions10517263857862900000000
total long term liabilities1051726385786290003,18933,18963,18991,32291,322
total liabilities12,22641,26440,77422,46243,87664,20580,27225,24030,37629,81642,73968,039110,134193,790200,613
net assets80,44279,41672,27063,51346,41476,51562,693100,677157,447169,954192,372173,762138,011167,06689,533
total shareholders funds80,44279,41672,27063,51346,41476,51562,693100,677157,447169,954192,372173,762138,011167,06689,533
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-2,0965,97810,65621,063-30,63516,362-38,365-56,953-12,852-22,71923,90246,837-29,355107,378124,101
Depreciation44456799149222751121502154801771604,5214,039
Amortisation000000000000000
Tax-342-1,676-2,054-4,0110-3,2420000-5,559-11,2900-30,152-34,779
Stock5,433-2,279-350-5,174-1651,0854,223-533-50,8081,4995,59246,2922,070-160,177193,071
Debtors00-1,344-237-120-8,844-16,661-37,0056,516-22,892-39,285-51,112-79,015205,56944,430
Creditors4,723-25,55112,708-17,362-22,66548,0462,268-27,820560-9,7344,700-12,095-55,523-6,823109,291
Accruals and Deferred Income-33,84926,0505,616-4,0332,365-64,17052,73522,6840000000
Deferred Taxes & Provisions88-9-12-19-29572900000000
Cash flow from operations-36,8657,11628,6751,148-50,5305,03429,180-24,43932,150-10,84557,21628,449-7,77329,532-34,849
Investing Activities
capital expenditure-5060000-521000-6-320-708-4873,559-12,119
Change in Investments000000000000000
cash flow from investments-5060000-521000-6-320-708-4873,559-12,119
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000-3,189-30,000-30,000-28,133091,322
share issue00000000000000100
interest3,4642,84415547534702381183345301267204300306111
cash flow from financing3,4642,84415547534702381183345-2,888-29,733-29,796-27,83330691,533
cash and cash equivalents
cash-33,9079,96028,8301,195-49,9965,21529,561-23,25631,495-13,73927,163-2,055-36,09333,39844,565
overdraft000000000000000
change in cash-33,9079,96028,8301,195-49,9965,21529,561-23,25631,495-13,73927,163-2,055-36,09333,39844,565

fit to dance (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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Fit To Dance (uk) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fit to dance (uk) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.

fit to dance (uk) limited Ownership

FIT TO DANCE (UK) LIMITED group structure

Fit To Dance (Uk) Limited has no subsidiary companies.

Ultimate parent company

FIT TO DANCE (UK) LIMITED

06455373

FIT TO DANCE (UK) LIMITED Shareholders

carole cormack 38%
malcolm cormack 37%
kathryn frances cormack 25%

fit to dance (uk) limited directors

Fit To Dance (Uk) Limited currently has 3 directors. The longest serving directors include Mr Malcolm Cormack (Dec 2007) and Mrs Carole Cormack (Dec 2007).

officercountryagestartendrole
Mr Malcolm CormackUnited Kingdom79 years Dec 2007- Director
Mrs Carole CormackUnited Kingdom73 years Dec 2007- Director
Mr John CormackUnited Kingdom45 years Nov 2009- Director

P&L

December 2023

turnover

411.2k

+39%

operating profit

-2.1k

0%

gross margin

48.3%

+1.38%

turnover

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

Balance Sheet

December 2023

net assets

80.4k

+0.01%

total assets

92.7k

-0.23%

cash

52.3k

-0.39%

net assets

Total assets minus all liabilities

fit to dance (uk) limited company details

company number

06455373

Type

Private limited with Share Capital

industry

47721 - Retail sale of footwear in specialised stores

47710 - Retail sale of clothing in specialised stores

incorporation date

December 2007

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

BRIGHT PARTNERSHIP LLP

auditor

-

address

69 manchester road, altrincham, cheshire, WA14 4RH

Bank

-

Legal Advisor

-

fit to dance (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 did not find charges/mortgages relating to fit to dance (uk) limited.

charges

fit to dance (uk) limited Companies House Filings - See Documents

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