faro technologies uk limited
faro technologies uk limited Company Information
Company Number
07109819
Next Accounts
Sep 2025
Shareholders
faro fnh netherlands holdings b.v.
Group Structure
View All
Industry
Wholesale of other machinery and equipment
Registered Address
unit a great central way, butlers leap, rugby, CV21 3XH
Website
www.faro.comfaro technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of FARO TECHNOLOGIES UK LIMITED at £5.3m based on a Turnover of £9.2m and 0.58x industry multiple (adjusted for size and gross margin).
faro technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of FARO TECHNOLOGIES UK LIMITED at £1.2m based on an EBITDA of £200.7k and a 5.85x industry multiple (adjusted for size and gross margin).
faro technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of FARO TECHNOLOGIES UK LIMITED at £9.3m based on Net Assets of £3.8m and 2.45x industry multiple (adjusted for liquidity).
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Faro Technologies Uk Limited Overview
Faro Technologies Uk Limited is a live company located in rugby, CV21 3XH with a Companies House number of 07109819. It operates in the wholesale of other machinery and equipment sector, SIC Code 46690. Founded in December 2009, it's largest shareholder is faro fnh netherlands holdings b.v. with a 100% stake. Faro Technologies Uk Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.2m with declining growth in recent years.
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Faro Technologies Uk Limited Health Check
Pomanda's financial health check has awarded Faro Technologies Uk Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £9.2m, make it smaller than the average company (£15.6m)
£9.2m - Faro Technologies Uk Limited
£15.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8%)
-1% - Faro Technologies Uk Limited
8% - Industry AVG
Production
with a gross margin of 40.3%, this company has a lower cost of product (29.4%)
40.3% - Faro Technologies Uk Limited
29.4% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (5.3%)
1.7% - Faro Technologies Uk Limited
5.3% - Industry AVG
Employees
with 29 employees, this is below the industry average (41)
29 - Faro Technologies Uk Limited
41 - Industry AVG
Pay Structure
on an average salary of £99.8k, the company has a higher pay structure (£51.4k)
£99.8k - Faro Technologies Uk Limited
£51.4k - Industry AVG
Efficiency
resulting in sales per employee of £316.1k, this is less efficient (£372.2k)
£316.1k - Faro Technologies Uk Limited
£372.2k - Industry AVG
Debtor Days
it gets paid by customers after 200 days, this is later than average (61 days)
200 days - Faro Technologies Uk Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is close to average (33 days)
35 days - Faro Technologies Uk Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 26 days, this is less than average (69 days)
26 days - Faro Technologies Uk Limited
69 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (15 weeks)
10 weeks - Faro Technologies Uk Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.6%, this is a similar level of debt than the average (52.5%)
55.6% - Faro Technologies Uk Limited
52.5% - Industry AVG
FARO TECHNOLOGIES UK LIMITED financials
Faro Technologies Uk Limited's latest turnover from December 2023 is £9.2 million and the company has net assets of £3.8 million. According to their latest financial statements, Faro Technologies Uk Limited has 29 employees and maintains cash reserves of £955.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,166,049 | 10,351,505 | 9,771,559 | 9,329,535 | 10,623,702 | 10,983,718 | 11,386,035 | 8,408,020 | 9,651,588 | 9,674,151 | 8,119,000 | 7,886,000 | 7,513,000 | 4,806,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 5,474,125 | 6,403,239 | 6,545,984 | 5,449,510 | 5,857,168 | 6,073,701 | 5,686,075 | 7,761,954 | 6,320,000 | 5,320,000 | 5,535,000 | 3,917,000 | ||
| Gross Profit | 3,691,924 | 3,948,266 | 3,225,575 | 3,880,025 | 4,766,534 | 4,910,017 | 3,965,513 | 1,912,197 | 1,799,000 | 2,566,000 | 1,978,000 | 889,000 | ||
| Admin Expenses | 3,535,584 | 3,788,826 | 3,159,702 | 3,737,932 | 4,497,337 | 4,858,231 | 3,601,023 | 1,846,033 | 1,693,000 | 2,301,000 | 2,191,000 | 1,661,000 | ||
| Operating Profit | 156,340 | 159,440 | 65,873 | 142,093 | 269,197 | 51,786 | 364,490 | 66,164 | 106,000 | 265,000 | -213,000 | -772,000 | ||
| Interest Payable | 4,000 | |||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 156,340 | 159,440 | 65,873 | 142,093 | 269,197 | 51,786 | 364,490 | 66,164 | 106,000 | 265,000 | -217,000 | -779,000 | ||
| Tax | -21,582 | -48,542 | -12,882 | 328,697 | 1,000 | |||||||||
| Profit After Tax | 134,758 | 110,898 | 52,991 | 470,790 | 269,197 | 51,786 | 364,490 | 66,164 | 106,000 | 265,000 | -217,000 | -778,000 | ||
| Dividends Paid | ||||||||||||||
| Retained Profit | 134,758 | 110,898 | 52,991 | 470,790 | 269,197 | 51,786 | 364,490 | 66,164 | 106,000 | 265,000 | -217,000 | -778,000 | ||
| Employee Costs | 2,893,971 | 2,652,460 | 2,393,913 | 3,017,940 | 3,188,175 | 3,411,887 | 2,530,939 | 2,401,122 | 1,933,000 | 1,641,000 | 1,748,000 | 1,053,000 | ||
| Number Of Employees | 29 | 34 | 34 | 39 | 50 | 51 | 41 | 33 | 30 | 24 | 21 | 19 | 16 | |
| EBITDA* | 200,679 | 253,820 | 1,310,478 | 408,060 | 555,793 | 295,632 | 372,238 | 71,841 | 110,000 | 273,000 | -195,000 | -757,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 33,140 | 57,768 | 115,077 | 244,528 | 484,384 | 673,112 | 551,469 | 551,294 | 160,400 | 14,912 | 18,000 | 10,000 | 8,000 | 23,000 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 210,130 | 231,713 | 280,255 | 293,137 | ||||||||||
| Total Fixed Assets | 243,270 | 289,481 | 395,332 | 537,665 | 484,384 | 673,112 | 551,469 | 551,294 | 160,400 | 14,912 | 18,000 | 10,000 | 8,000 | 23,000 |
| Stock & work in progress | 392,879 | 433,164 | 526,185 | 518,851 | 647,564 | 449,480 | 518,859 | 326,598 | 38,886 | 11,000 | 11,000 | 11,000 | 7,000 | |
| Trade Debtors | 5,024,286 | 3,890,849 | 2,237,044 | 2,993,912 | 3,004,055 | 4,212,317 | 2,966,291 | 2,643,330 | 3,466,278 | 3,785,464 | 3,333,000 | 3,104,000 | 2,773,000 | 2,131,000 |
| Group Debtors | 1,825,622 | 1,717,589 | 23,445 | 1,132,993 | 838,902 | 38,815 | 456,701 | 102,087 | 851 | 343,000 | ||||
| Misc Debtors | 80,028 | 4,732 | 39,599 | 36,940 | 99,343 | 83,898 | 102,967 | 56,720 | 496,664 | 61,239 | 81,000 | 63,000 | 83,000 | 65,000 |
| Cash | 955,228 | 566,518 | 4,638,067 | 2,229,043 | 1,248,066 | 1,255,736 | 905,231 | 897,650 | 779,868 | 888,150 | 464,000 | 576,000 | 842,000 | 265,000 |
| misc current assets | ||||||||||||||
| total current assets | 8,278,043 | 6,612,852 | 7,464,340 | 6,911,739 | 5,837,930 | 6,040,246 | 4,950,049 | 4,026,385 | 4,782,547 | 4,734,853 | 4,232,000 | 3,754,000 | 3,709,000 | 2,468,000 |
| total assets | 8,521,313 | 6,902,333 | 7,859,672 | 7,449,404 | 6,322,314 | 6,713,358 | 5,501,518 | 4,577,679 | 4,942,947 | 4,749,765 | 4,250,000 | 3,764,000 | 3,717,000 | 2,491,000 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 528,493 | 57,076 | 137,383 | 216,100 | 91,143 | 80,259 | 57,108 | 15,448 | 34,170 | 15,985 | 26,000 | 33,000 | 54,000 | |
| Group/Directors Accounts | 1,392,690 | 753,105 | 1,051,741 | 1,083,617 | 264,225 | 337,090 | 386,000 | 659,000 | 1,081,000 | |||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 2,703,344 | 2,307,873 | 2,030,816 | 2,626,253 | 2,294,529 | 2,117,461 | 2,166,857 | 1,443,849 | 1,672,131 | 1,711,278 | 1,682,000 | 1,054,000 | 1,164,000 | 705,000 |
| total current liabilities | 4,624,527 | 3,118,054 | 3,219,940 | 2,842,353 | 2,385,672 | 3,281,337 | 2,223,965 | 1,459,297 | 1,970,526 | 2,064,353 | 1,708,000 | 1,473,000 | 1,823,000 | 1,840,000 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 109,381 | 131,632 | 1,097,983 | 1,118,293 | 918,674 | 683,250 | 567,057 | 454,633 | 516,751 | 607,743 | 530,000 | 385,000 | 253,000 | 129,000 |
| other liabilities | 13,511 | 13,511 | 13,511 | |||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 109,381 | 131,632 | 1,097,983 | 1,118,293 | 918,674 | 683,250 | 580,568 | 468,144 | 530,262 | 607,743 | 530,000 | 385,000 | 253,000 | 129,000 |
| total liabilities | 4,733,908 | 3,249,686 | 4,317,923 | 3,960,646 | 3,304,346 | 3,964,587 | 2,804,533 | 1,927,441 | 2,500,788 | 2,672,096 | 2,238,000 | 1,858,000 | 2,076,000 | 1,969,000 |
| net assets | 3,787,405 | 3,652,647 | 3,541,749 | 3,488,758 | 3,017,968 | 2,748,771 | 2,696,985 | 2,650,238 | 2,442,159 | 2,077,669 | 2,012,000 | 1,906,000 | 1,641,000 | 522,000 |
| total shareholders funds | 3,787,405 | 3,652,647 | 3,541,749 | 3,488,758 | 3,017,968 | 2,748,771 | 2,696,985 | 2,650,238 | 2,442,159 | 2,077,669 | 2,012,000 | 1,906,000 | 1,641,000 | 522,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 156,340 | 159,440 | 65,873 | 142,093 | 269,197 | 51,786 | 364,490 | 66,164 | 106,000 | 265,000 | -213,000 | -772,000 | ||
| Depreciation | 44,339 | 94,380 | 1,244,605 | 265,967 | 286,596 | 243,846 | 170,591 | 134,518 | 7,748 | 5,677 | 4,000 | 8,000 | 18,000 | 15,000 |
| Amortisation | ||||||||||||||
| Tax | -21,582 | -48,542 | -12,882 | 328,697 | 1,000 | |||||||||
| Stock | -40,285 | -93,021 | 7,334 | -128,713 | 198,084 | -69,379 | 192,261 | 287,712 | 38,886 | -11,000 | 4,000 | 7,000 | ||
| Debtors | 1,295,183 | 3,264,540 | -1,876,639 | 514,682 | -392,730 | 809,071 | 723,822 | -1,161,656 | 117,090 | 89,703 | 590,000 | 311,000 | 660,000 | 2,196,000 |
| Creditors | 471,417 | -80,307 | -78,717 | 124,957 | 10,884 | 23,151 | 41,660 | -18,722 | 18,185 | -10,015 | -7,000 | 33,000 | -54,000 | 54,000 |
| Accruals and Deferred Income | 373,220 | -689,294 | -615,747 | 531,343 | 412,492 | 66,797 | 835,432 | -290,400 | -130,139 | 107,021 | 773,000 | 22,000 | 583,000 | 834,000 |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | -231,164 | -3,735,842 | 2,472,437 | 1,007,088 | 1,173,815 | -354,112 | 104,308 | 90,144 | 286,000 | 17,000 | -330,000 | -2,071,000 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 639,585 | -298,636 | 1,051,741 | -1,083,617 | 1,083,617 | -264,225 | -72,865 | 337,090 | -386,000 | -273,000 | -422,000 | 1,081,000 | ||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -13,511 | 13,511 | ||||||||||||
| share issue | ||||||||||||||
| interest | -4,000 | |||||||||||||
| cash flow from financing | 639,585 | -298,636 | 1,051,741 | -1,083,617 | -59,354 | 336,595 | -386,000 | -273,000 | 910,000 | 2,381,000 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | 388,710 | -4,071,549 | 2,409,024 | 980,977 | -7,670 | 350,505 | 7,581 | 117,782 | -108,282 | 424,150 | -112,000 | -266,000 | 577,000 | 265,000 |
| overdraft | ||||||||||||||
| change in cash | 388,710 | -4,071,549 | 2,409,024 | 980,977 | -7,670 | 350,505 | 7,581 | 117,782 | -108,282 | 424,150 | -112,000 | -266,000 | 577,000 | 265,000 |
faro technologies uk limited Credit Report and Business Information
Faro Technologies Uk Limited Competitor Analysis
Perform a competitor analysis for faro technologies uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in CV21 area or any other competitors across 12 key performance metrics.
faro technologies uk limited Ownership
FARO TECHNOLOGIES UK LIMITED group structure
Faro Technologies Uk Limited has no subsidiary companies.
Ultimate parent company
FARO TECHNOLOGIES INC
#0074772
FARO FNH NETHERLANDS HOLDINGS BV
#0074771
2 parents
FARO TECHNOLOGIES UK LIMITED
07109819
faro technologies uk limited directors
Faro Technologies Uk Limited currently has 3 directors. The longest serving directors include Mr David Homewood (Mar 2016) and Mr Matthew Horwath (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Homewood | England | 53 years | Mar 2016 | - | Director |
| Mr Matthew Horwath | United States | 41 years | Nov 2020 | - | Director |
| Mr Roland Kemper | England | 48 years | Mar 2024 | - | Director |
P&L
December 2023turnover
9.2m
-11%
operating profit
156.3k
-2%
gross margin
40.3%
+5.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.8m
+0.04%
total assets
8.5m
+0.23%
cash
955.2k
+0.69%
net assets
Total assets minus all liabilities
Similar Companies
faro technologies uk limited company details
company number
07109819
Type
Private limited with Share Capital
industry
46690 - Wholesale of other machinery and equipment
incorporation date
December 2009
age
16
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
unit a great central way, butlers leap, rugby, CV21 3XH
Bank
DEUTSCHE BANK AG
Legal Advisor
-
faro technologies 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 faro technologies uk limited.
faro technologies uk limited Capital Raised & Share Issues BETA
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faro technologies uk limited Companies House Filings - See Documents
| date | description | view/download |
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