ff corse limited Company Information
Company Number
06785271
Next Accounts
Oct 2025
Industry
Maintenance and repair of motor vehicles
Shareholders
mr anthony darren cheshire
mrs christine louise cheshire
Group Structure
View All
Contact
Registered Address
the counting house high street, tring, herts, HP23 5TE
Website
ffcorse.comff corse limited Estimated Valuation
Pomanda estimates the enterprise value of FF CORSE LIMITED at £766.9k based on a Turnover of £2.5m and 0.3x industry multiple (adjusted for size and gross margin).
ff corse limited Estimated Valuation
Pomanda estimates the enterprise value of FF CORSE LIMITED at £1.7m based on an EBITDA of £444.7k and a 3.73x industry multiple (adjusted for size and gross margin).
ff corse limited Estimated Valuation
Pomanda estimates the enterprise value of FF CORSE LIMITED at £5.4m based on Net Assets of £1.8m and 3.01x industry multiple (adjusted for liquidity).
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Ff Corse Limited Overview
Ff Corse Limited is a live company located in herts, HP23 5TE with a Companies House number of 06785271. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in January 2009, it's largest shareholder is mr anthony darren cheshire with a 99.9% stake. Ff Corse Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with healthy growth in recent years.
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Ff Corse Limited Health Check
Pomanda's financial health check has awarded Ff Corse Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £2.5m, make it larger than the average company (£341.6k)
- Ff Corse Limited
£341.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (11.4%)
- Ff Corse Limited
11.4% - Industry AVG
Production
with a gross margin of 35.6%, this company has a comparable cost of product (35.6%)
- Ff Corse Limited
35.6% - Industry AVG
Profitability
an operating margin of 15.4% make it more profitable than the average company (6.1%)
- Ff Corse Limited
6.1% - Industry AVG
Employees
with 13 employees, this is above the industry average (5)
13 - Ff Corse Limited
5 - Industry AVG
Pay Structure
on an average salary of £26.4k, the company has an equivalent pay structure (£26.4k)
- Ff Corse Limited
£26.4k - Industry AVG
Efficiency
resulting in sales per employee of £195k, this is more efficient (£98.1k)
- Ff Corse Limited
£98.1k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is later than average (35 days)
- Ff Corse Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (42 days)
- Ff Corse Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 160 days, this is more than average (24 days)
- Ff Corse Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (15 weeks)
25 weeks - Ff Corse Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.8%, this is a lower level of debt than the average (66.4%)
23.8% - Ff Corse Limited
66.4% - Industry AVG
FF CORSE LIMITED financials
Ff Corse Limited's latest turnover from January 2024 is estimated at £2.5 million and the company has net assets of £1.8 million. According to their latest financial statements, Ff Corse Limited has 13 employees and maintains cash reserves of £253.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 13 | 12 | 10 | 13 | 16 | 17 | 16 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 259,485 | 246,768 | 312,373 | 229,075 | 372,370 | 138,046 | 162,759 | 94,345 | 151,848 | 284,049 | 22,446 | 143,803 | 149,946 | 44,671 | 57,361 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 631,919 | 515,000 | 415,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 23,108 | 461,814 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 282,593 | 708,582 | 944,292 | 744,075 | 787,370 | 138,046 | 162,759 | 94,345 | 151,848 | 284,049 | 22,446 | 143,803 | 149,946 | 44,671 | 57,361 |
Stock & work in progress | 717,558 | 598,405 | 728,407 | 504,952 | 520,064 | 573,339 | 284,779 | 165,433 | 72,115 | 149,428 | 94,806 | 167,608 | 112,653 | 53,169 | 0 |
Trade Debtors | 320,226 | 313,550 | 479,384 | 220,259 | 1,041,946 | 1,310,079 | 1,294,406 | 629,903 | 255,107 | 264,698 | 378,181 | 478,256 | 152,779 | 84,763 | 41,961 |
Group Debtors | 433,921 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 318,269 | 381,597 | 112,286 | 104,235 | 44,543 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 253,433 | 532,627 | 160,640 | 664,831 | 471,330 | 789,753 | 799,240 | 717,197 | 830,676 | 456,719 | 293,186 | 412,945 | 269,329 | 202,712 | 135,664 |
misc current assets | 48,477 | 0 | 0 | 0 | 0 | 28,310 | 10,227 | 15,949 | 24,976 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,091,884 | 1,826,179 | 1,480,717 | 1,494,277 | 2,077,883 | 2,701,481 | 2,388,652 | 1,528,482 | 1,182,874 | 870,845 | 766,173 | 1,058,809 | 534,761 | 340,644 | 177,625 |
total assets | 2,374,477 | 2,534,761 | 2,425,009 | 2,238,352 | 2,865,253 | 2,839,527 | 2,551,411 | 1,622,827 | 1,334,722 | 1,154,894 | 788,619 | 1,202,612 | 684,707 | 385,315 | 234,986 |
Bank overdraft | 29,400 | 29,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 30,000 | 17,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 80,456 | 555,475 | 129,037 | 41,681 | 181,921 | 648,925 | 937,499 | 328,914 | 89,736 | 149,907 | 117,687 | 682,969 | 414,949 | 248,440 | 234,704 |
Group/Directors Accounts | 76,285 | 76,304 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 336,530 | 250,814 | 346,267 | 81,904 | 200,450 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 522,671 | 911,993 | 505,304 | 141,085 | 382,371 | 648,925 | 937,499 | 328,914 | 89,736 | 149,907 | 117,687 | 682,969 | 414,949 | 248,440 | 234,704 |
loans | 41,650 | 71,050 | 100,000 | 132,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 223,607 | 143,204 | 56,001 | 0 | 11,632 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 42,822 | 54,684 | 38,932 | 65,639 | 19,839 | 30,924 | 18,869 | 186 | 0 | 4,489 | 14,677 | 0 | 0 | 0 |
total long term liabilities | 41,650 | 113,872 | 154,684 | 171,432 | 289,246 | 163,043 | 86,925 | 18,869 | 11,818 | 0 | 4,489 | 14,677 | 0 | 0 | 0 |
total liabilities | 564,321 | 1,025,865 | 659,988 | 312,517 | 671,617 | 811,968 | 1,024,424 | 347,783 | 101,554 | 149,907 | 122,176 | 697,646 | 414,949 | 248,440 | 234,704 |
net assets | 1,810,156 | 1,508,896 | 1,765,021 | 1,925,835 | 2,193,636 | 2,027,559 | 1,526,987 | 1,275,044 | 1,233,168 | 1,004,987 | 666,443 | 504,966 | 269,758 | 136,875 | 282 |
total shareholders funds | 1,810,156 | 1,508,896 | 1,765,021 | 1,925,835 | 2,193,636 | 2,027,559 | 1,526,987 | 1,275,044 | 1,233,168 | 1,004,987 | 666,443 | 504,966 | 269,758 | 136,875 | 282 |
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 53,982 | 96,520 | 100,912 | 121,721 | 150,465 | 54,524 | 99,499 | 60,678 | 83,927 | 59,885 | 18,532 | 76,143 | 44,244 | 21,264 | 19,121 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 119,153 | -130,002 | 223,455 | -15,112 | -53,275 | 288,560 | 119,346 | 93,318 | -77,313 | 54,622 | -72,802 | 54,955 | 59,484 | 53,169 | 0 |
Debtors | -61,437 | 565,291 | 267,176 | -761,995 | -223,590 | 15,673 | 664,503 | 374,796 | -9,591 | -113,483 | -100,075 | 325,477 | 68,016 | 42,802 | 41,961 |
Creditors | -475,019 | 426,438 | 87,356 | -140,240 | -467,004 | -288,574 | 608,585 | 239,178 | -60,171 | 32,220 | -565,282 | 268,020 | 166,509 | 13,736 | 234,704 |
Accruals and Deferred Income | 85,716 | -95,453 | 264,363 | -342,153 | 280,853 | 87,203 | 56,001 | -11,632 | 11,632 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -42,822 | -11,862 | 15,752 | -26,707 | 45,800 | -11,085 | 12,055 | 18,683 | 186 | -4,489 | -10,188 | 14,677 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | -631,919 | 116,919 | 100,000 | 415,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | -30,000 | 12,500 | 17,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -19 | 76,304 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -29,400 | -28,950 | -32,500 | 132,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -279,194 | 371,987 | -504,191 | 193,501 | -318,423 | -9,487 | 82,043 | -113,479 | 373,957 | 163,533 | -119,759 | 143,616 | 66,617 | 67,048 | 135,664 |
overdraft | 0 | 29,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -279,194 | 342,587 | -504,191 | 193,501 | -318,423 | -9,487 | 82,043 | -113,479 | 373,957 | 163,533 | -119,759 | 143,616 | 66,617 | 67,048 | 135,664 |
ff corse limited Credit Report and Business Information
Ff Corse Limited Competitor Analysis
Perform a competitor analysis for ff corse limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HP23 area or any other competitors across 12 key performance metrics.
ff corse limited Ownership
FF CORSE LIMITED group structure
Ff Corse Limited has no subsidiary companies.
Ultimate parent company
FF CORSE LIMITED
06785271
ff corse limited directors
Ff Corse Limited currently has 2 directors. The longest serving directors include Mr Anthony Cheshire (Jan 2009) and Mrs Christine Cheshire (Feb 2012).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Anthony Cheshire | England | 54 years | Jan 2009 | - | Director |
Mrs Christine Cheshire | Uk | 52 years | Feb 2012 | - | Director |
P&L
January 2024turnover
2.5m
-11%
operating profit
390.7k
0%
gross margin
35.6%
+3.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
1.8m
+0.2%
total assets
2.4m
-0.06%
cash
253.4k
-0.52%
net assets
Total assets minus all liabilities
ff corse limited company details
company number
06785271
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
January 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
the counting house high street, tring, herts, HP23 5TE
Bank
-
Legal Advisor
-
ff corse 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 1 charges/mortgages relating to ff corse limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ff corse 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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ff corse limited Companies House Filings - See Documents
date | description | view/download |
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