farsight consulting limited Company Information
Company Number
07215255
Website
www.farsightconsulting.co.ukRegistered Address
suite 3d&e, third floor, 31, temple street, birmingham, B2 5DB
Industry
Management consultancy activities (other than financial management)
Telephone
02078206290
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
sixty-one holdings ltd 51.1%
charlotte hurst 49%
farsight consulting limited Estimated Valuation
Pomanda estimates the enterprise value of FARSIGHT CONSULTING LIMITED at £9.7m based on a Turnover of £15.7m and 0.62x industry multiple (adjusted for size and gross margin).
farsight consulting limited Estimated Valuation
Pomanda estimates the enterprise value of FARSIGHT CONSULTING LIMITED at £11.3m based on an EBITDA of £2.4m and a 4.63x industry multiple (adjusted for size and gross margin).
farsight consulting limited Estimated Valuation
Pomanda estimates the enterprise value of FARSIGHT CONSULTING LIMITED at £5.6m based on Net Assets of £6.5m and 0.87x industry multiple (adjusted for liquidity).
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Farsight Consulting Limited Overview
Farsight Consulting Limited is a live company located in birmingham, B2 5DB with a Companies House number of 07215255. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in April 2010, it's largest shareholder is sixty-one holdings ltd with a 51% stake. Farsight Consulting Limited is a established, mid sized company, Pomanda has estimated its turnover at £15.7m with rapid growth in recent years.
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Farsight Consulting Limited Health Check
Pomanda's financial health check has awarded Farsight Consulting Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
0 Regular
3 Weak
Size
annual sales of £15.7m, make it larger than the average company (£299.4k)
£15.7m - Farsight Consulting Limited
£299.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 61%, show it is growing at a faster rate (5.6%)
- Farsight Consulting Limited
5.6% - Industry AVG
Production
with a gross margin of 28.3%, this company has a higher cost of product (54.5%)
28.3% - Farsight Consulting Limited
54.5% - Industry AVG
Profitability
an operating margin of 15.3% make it more profitable than the average company (9.1%)
15.3% - Farsight Consulting Limited
9.1% - Industry AVG
Employees
with 69 employees, this is above the industry average (4)
69 - Farsight Consulting Limited
4 - Industry AVG
Pay Structure
on an average salary of £68.2k, the company has a higher pay structure (£40.2k)
£68.2k - Farsight Consulting Limited
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £227.4k, this is more efficient (£106.6k)
£227.4k - Farsight Consulting Limited
£106.6k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (74 days)
13 days - Farsight Consulting Limited
74 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (27 days)
17 days - Farsight Consulting Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Farsight Consulting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 154 weeks, this is more cash available to meet short term requirements (27 weeks)
154 weeks - Farsight Consulting Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.7%, this is a lower level of debt than the average (54.8%)
24.7% - Farsight Consulting Limited
54.8% - Industry AVG
FARSIGHT CONSULTING LIMITED financials
Farsight Consulting Limited's latest turnover from March 2023 is £15.7 million and the company has net assets of £6.5 million. According to their latest financial statements, Farsight Consulting Limited has 69 employees and maintains cash reserves of £6.3 million 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 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 15,692,342 | 9,886,519 | |||||||||||
Other Income Or Grants | 0 | 0 | |||||||||||
Cost Of Sales | 11,250,041 | 6,678,013 | |||||||||||
Gross Profit | 4,442,301 | 3,208,506 | |||||||||||
Admin Expenses | 2,048,563 | 1,062,134 | |||||||||||
Operating Profit | 2,393,738 | 2,146,372 | |||||||||||
Interest Payable | 0 | 0 | |||||||||||
Interest Receivable | 0 | 0 | |||||||||||
Pre-Tax Profit | 2,393,738 | 2,146,372 | |||||||||||
Tax | -469,856 | -398,964 | |||||||||||
Profit After Tax | 1,923,882 | 1,747,408 | |||||||||||
Dividends Paid | 114,360 | 114,360 | |||||||||||
Retained Profit | 1,809,522 | 1,633,048 | |||||||||||
Employee Costs | 4,706,046 | 2,708,561 | |||||||||||
Number Of Employees | 69 | 43 | 38 | 33 | 28 | 26 | 24 | ||||||
EBITDA* | 2,430,485 | 2,156,944 |
* 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 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 112,501 | 84,505 | 19,014 | 0 | 2,735 | 7,597 | 12,646 | 16,411 | 3,418 | 3,653 | 4,871 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 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 |
Total Fixed Assets | 112,501 | 84,505 | 19,014 | 0 | 2,735 | 7,597 | 12,646 | 16,411 | 3,418 | 3,653 | 4,871 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 664,188 | 1,260,349 | 574,704 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 563,224 | 618,845 | 135,660 | 1,015,537 | 748,117 | 729,987 | 676,781 | 486,522 | 211,601 | 61,676 | 74,400 | 460,300 | 53,694 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,628,870 | 1,271,263 | 664,534 | 182,645 | 59,135 | 11,476 | 9,745 | 8,800 | 0 | 0 | 0 | 0 | 0 |
Cash | 6,276,019 | 4,815,536 | 2,818,657 | 1,125,183 | 1,105,447 | 813,066 | 1,388,149 | 786,121 | 614,034 | 779,751 | 774,138 | 248,275 | 135,317 |
misc current assets | 0 | 0 | 0 | 361 | 0 | 43,015 | 33,357 | 13,948 | 0 | 43,000 | 130,000 | 0 | 0 |
total current assets | 8,468,113 | 6,705,644 | 3,618,851 | 2,987,914 | 3,173,048 | 2,172,248 | 2,108,032 | 1,295,391 | 825,635 | 884,427 | 978,538 | 708,575 | 189,011 |
total assets | 8,580,614 | 6,790,149 | 3,637,865 | 2,987,914 | 3,175,783 | 2,179,845 | 2,120,678 | 1,311,802 | 829,053 | 888,080 | 983,409 | 708,575 | 189,011 |
Bank overdraft | 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 |
Trade Creditors | 552,439 | 955,104 | 74,648 | 116,826 | 459,346 | 303,690 | 328,349 | 219,440 | 107,925 | 159,826 | 249,347 | 246,131 | 52,779 |
Group/Directors Accounts | 0 | 0 | 116,675 | 1,236 | 162 | 308,828 | 294,885 | 340,091 | 0 | 0 | 0 | 0 | 12,062 |
other short term finances | 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 |
other current liabilities | 1,564,074 | 1,180,466 | 425,038 | 774,286 | 1,376,082 | 487,720 | 643,540 | 113,983 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 2,116,513 | 2,135,570 | 616,361 | 892,348 | 1,835,590 | 1,100,238 | 1,266,774 | 673,514 | 107,925 | 159,826 | 249,347 | 246,131 | 64,841 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 2,116,513 | 2,135,570 | 616,361 | 892,348 | 1,835,590 | 1,100,238 | 1,266,774 | 673,514 | 107,925 | 159,826 | 249,347 | 246,131 | 64,841 |
net assets | 6,464,101 | 4,654,579 | 3,021,504 | 2,095,566 | 1,340,193 | 1,079,607 | 853,904 | 638,288 | 721,128 | 728,254 | 734,062 | 462,444 | 124,170 |
total shareholders funds | 6,464,101 | 4,654,579 | 3,021,504 | 2,095,566 | 1,340,193 | 1,079,607 | 853,904 | 638,288 | 721,128 | 728,254 | 734,062 | 462,444 | 124,170 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | 2,393,738 | 2,146,372 | |||||||||||
Depreciation | 36,747 | 10,572 | 6,338 | 0 | 4,862 | 5,133 | 5,435 | 5,471 | 1,139 | 1,218 | 1,624 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -469,856 | -398,964 | |||||||||||
Stock | 0 | 0 | -664,188 | -596,161 | 685,645 | 574,704 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 301,986 | 1,089,914 | -397,988 | 390,930 | 65,789 | 54,937 | 191,204 | 283,721 | 149,925 | -12,724 | -385,900 | 406,606 | 53,694 |
Creditors | -402,665 | 880,456 | -42,178 | -342,520 | 155,656 | -24,659 | 108,909 | 111,515 | -51,901 | -89,521 | 3,216 | 193,352 | 52,779 |
Accruals and Deferred Income | 383,608 | 755,428 | -349,248 | -601,796 | 888,362 | -155,820 | 529,557 | 113,983 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 1,639,586 | 2,303,950 | |||||||||||
Investing Activities | |||||||||||||
capital expenditure | 0 | 0 | |||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | |||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -116,675 | 115,439 | 1,074 | -308,666 | 13,943 | -45,206 | 340,091 | 0 | 0 | 0 | -12,062 | 12,062 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 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 |
share issue | |||||||||||||
interest | 0 | 0 | |||||||||||
cash flow from financing | 0 | -116,648 | |||||||||||
cash and cash equivalents | |||||||||||||
cash | 1,460,483 | 1,996,879 | 1,693,474 | 19,736 | 292,381 | -575,083 | 602,028 | 172,087 | -165,717 | 5,613 | 525,863 | 112,958 | 135,317 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 1,460,483 | 1,996,879 | 1,693,474 | 19,736 | 292,381 | -575,083 | 602,028 | 172,087 | -165,717 | 5,613 | 525,863 | 112,958 | 135,317 |
farsight consulting limited Credit Report and Business Information
Farsight Consulting Limited Competitor Analysis
Perform a competitor analysis for farsight consulting limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in B 2 area or any other competitors across 12 key performance metrics.
farsight consulting limited Ownership
FARSIGHT CONSULTING LIMITED group structure
Farsight Consulting Limited has no subsidiary companies.
Ultimate parent company
FARSIGHT CONSULTING LIMITED
07215255
farsight consulting limited directors
Farsight Consulting Limited currently has 3 directors. The longest serving directors include Mrs. Louise Lahiff (May 2024) and Mr Patrick Cooney (May 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs. Louise Lahiff | Ireland | 46 years | May 2024 | - | Director |
Mr Patrick Cooney | Ireland | 48 years | May 2024 | - | Director |
Mr Tom O'Connor | Ireland | 51 years | May 2024 | - | Director |
P&L
March 2023turnover
15.7m
+59%
operating profit
2.4m
+12%
gross margin
28.4%
-12.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
6.5m
+0.39%
total assets
8.6m
+0.26%
cash
6.3m
+0.3%
net assets
Total assets minus all liabilities
farsight consulting limited company details
company number
07215255
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
April 2010
age
14
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
suite 3d&e, third floor, 31, temple street, birmingham, B2 5DB
accountant
-
auditor
BUZZACOTT LLP
farsight consulting 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 farsight consulting limited.
farsight consulting limited Companies House Filings - See Documents
date | description | view/download |
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