Future Steel Fabrications Limited

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future steel fabrications limited Company Information

Live

EstablishedSmallHealthy

Company Number

06785541

Website

Registered Address

suite 2 rosehill, 165 lutterworth road blaby, leicester, LE8 4DY

Industry

Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

Telephone

Next Accounts Due

December 2024

Group Structure

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Directors

Anthony Plant15 Years

Shareholders

annette sheila plant 50%

anthony plant 50%

future steel fabrications limited Estimated Valuation

£268.9k

Pomanda estimates the enterprise value of FUTURE STEEL FABRICATIONS LIMITED at £268.9k based on a Turnover of £922.7k and 0.29x industry multiple (adjusted for size and gross margin).

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Future Steel Fabrications Limited is a live company located in leicester, LE8 4DY with a Companies House number of 06785541. It operates in the manufacture of tubes, pipes, hollow profiles and related fittings, of steel sector, SIC Code 24200. Founded in January 2009, it's largest shareholder is annette sheila plant with a 50% stake. Future Steel Fabrications Limited is a established, small sized company, Pomanda has estimated its turnover at £922.7k with healthy growth in recent years.

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Pomanda's financial health check has awarded Future Steel Fabrications Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

1 Strong

3 Regular

6 Weak

Size

annual sales of £922.7k, make it smaller than the average company (£16.4m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.3%)

EXPORT

Future Steel Fabrications Limited's latest turnover from March 2023 is estimated at £922.7 thousand and the company has net assets of £146.8 thousand. According to their latest financial statements, Future Steel Fabrications Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	922,653	953,259	686,133	794,903	695,112	806,299	315,379	165,763	139,282	102,162	104,039	122,117	253,960	111,994
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	783,736	817,487	594,677	697,361	619,581	701,242	269,320	137,014	114,448	83,766	86,464	100,884	210,057	91,708
Gross Profit	138,917	135,772	91,455	97,542	75,531	105,057	46,059	28,748	24,833	18,396	17,574	21,233	43,903	20,286
Admin Expenses	114,868	90,144	78,167	86,070	64,120	98,244	27,571	43,990	14,691	24,484	5,977	23,397	18,684	-18,329
Operating Profit	24,049	45,628	13,288	11,472	11,411	6,813	18,488	-15,242	10,142	-6,088	11,597	-2,164	25,219	38,615
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	210	147	287	310	232	195	142	136	64
Pre-Tax Profit	24,049	45,628	13,288	11,472	11,411	7,023	18,635	-14,955	10,452	-5,856	11,792	-2,022	25,356	38,679
Tax	-4,569	-8,669	-2,525	-2,180	-2,168	-1,334	-3,727	0	-2,195	0	-2,830	0	-7,100	-10,830
Profit After Tax	19,480	36,959	10,763	9,292	9,243	5,689	14,908	-14,955	8,257	-5,856	8,962	-2,022	18,256	27,849
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	19,480	36,959	10,763	9,292	9,243	5,689	14,908	-14,955	8,257	-5,856	8,962	-2,022	18,256	27,849
Employee Costs	208,140	187,826	181,562	138,209	127,927	126,515	61,639	32,030	32,738	29,505	29,289	29,620	59,615	29,038
Number Of Employees	5	5	5	4	4	4	2	1	1	1	1	1	2	1
EBITDA*	24,049	45,628	13,288	11,472	11,411	6,813	18,488	-8,992	16,392	-2,838	16,997	-1,964	31,419	41,815

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	29,000	38,000	24,000	1,100	1,100	4,100	1,100	4,350	7,600	10,850	14,100	400	600	800
Intangible Assets	0	0	0	0	0	0	6,000	9,000	12,000	15,000	18,000	21,000	24,000	27,000
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	29,000	38,000	24,000	1,100	1,100	4,100	7,100	13,350	19,600	25,850	32,100	21,400	24,600	27,800
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	341,604	347,158	214,064	261,168	236,207	227,038	70,682	38,354	18,272	26,903	17,017	31,147	62,898	17,849
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	84,003	33,866	81,091	42,951	49,996	27,877	28,813	25,742
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	341,604	347,158	214,064	261,168	236,207	227,038	154,685	72,220	99,363	69,854	67,013	59,024	91,711	43,591
total assets	370,604	385,158	238,064	262,268	237,307	231,138	161,785	85,570	118,963	95,704	99,113	80,424	116,311	71,391
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	223,779	257,813	147,678	182,645	0	170,050	105,386	44,079	62,517	0	45,068	35,341	69,206	42,542
Group/Directors Accounts	0	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
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	223,779	257,813	147,678	182,645	0	170,050	105,386	44,079	62,517	0	45,068	35,341	69,206	42,542
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	166,976	0	0	0	0	47,515	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	166,976	0	0	0	0	47,515	0	0	0	0
total liabilities	223,779	257,813	147,678	182,645	166,976	170,050	105,386	44,079	62,517	47,515	45,068	35,341	69,206	42,542
net assets	146,825	127,345	90,386	79,623	70,331	61,088	56,399	41,491	56,446	48,189	54,045	45,083	47,105	28,849
total shareholders funds	146,825	127,345	90,386	79,623	70,331	61,088	56,399	41,491	56,446	48,189	54,045	45,083	47,105	28,849

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	24,049	45,628	13,288	11,472	11,411	6,813	18,488	-15,242	10,142	-6,088	11,597	-2,164	25,219	38,615
Depreciation	0	0	0	0	0	0	0	3,250	3,250	3,250	2,400	200	200	200
Amortisation	0	0	0	0	0	0	0	3,000	3,000	0	3,000	0	6,000	3,000
Tax	-4,569	-8,669	-2,525	-2,180	-2,168	-1,334	-3,727	0	-2,195	0	-2,830	0	-7,100	-10,830
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-5,554	133,094	-47,104	24,961	9,169	156,356	32,328	20,082	-8,631	9,886	-14,130	-31,751	45,049	17,849
Creditors	-34,034	110,135	-34,967	182,645	-170,050	64,664	61,307	-18,438	62,517	-45,068	9,727	-33,865	26,664	42,542
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-9,000	14,000	22,900	166,976	-169,976	-86,213	43,740	-47,512	85,345	-57,792	38,024	-4,078	5,934	55,678
Investing Activities
capital expenditure	9,000	-14,000	-22,900	0	3,000	3,000	6,250	0	0	3,000	-16,100	3,000	-3,000	-31,000
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	9,000	-14,000	-22,900	0	3,000	3,000	6,250	0	0	3,000	-16,100	3,000	-3,000	-31,000
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	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
Long term loans	0	0	0	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
other long term liabilities	0	0	0	-166,976	166,976	0	0	0	-47,515	47,515	0	0	0	0
share issue	0	0	0	0	0	-1,000	0	0	0	0	0	0	0	1,000
interest	0	0	0	0	0	210	147	287	310	232	195	142	136	64
cash flow from financing	0	0	0	-166,976	166,976	-790	147	287	-47,205	47,747	195	142	136	1,064
cash and cash equivalents
cash	0	0	0	0	0	-84,003	50,137	-47,225	38,140	-7,045	22,119	-936	3,071	25,742
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	-84,003	50,137	-47,225	38,140	-7,045	22,119	-936	3,071	25,742

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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FUTURE STEEL FABRICATIONS LIMITED group structure

Future Steel Fabrications Limited has no subsidiary companies.

Ultimate parent company

FUTURE STEEL FABRICATIONS LIMITED

06785541

FUTURE STEEL FABRICATIONS LIMITED Shareholders

annette sheila plant	50%
anthony plant	50%

Future Steel Fabrications Limited currently has 1 director, Mr Anthony Plant serving since Jan 2009.

officer	country	age	start	end	role
Mr Anthony Plant	England	57 years	Jan 2009	-	Director

P&L

March 2023

turnover

922.7k

-3%

operating profit

24k

gross margin

15.1%

+5.71%

turnover

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

Balance Sheet

March 2023

net assets

146.8k

+0.15%

total assets

370.6k

-0.04%

cash

net assets

Total assets minus all liabilities

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company number

06785541

Type

Private limited with Share Capital

industry

24200 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

incorporation date

January 2009

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

suite 2 rosehill, 165 lutterworth road blaby, leicester, LE8 4DY

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 future steel fabrications limited.

future steel fabrications limited Company Information

future steel fabrications limited Estimated Valuation

future steel fabrications limited Estimated Valuation

future steel fabrications limited Estimated Valuation

Future Steel Fabrications Limited Overview

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FUTURE STEEL FABRICATIONS LIMITED financials

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