Pomanda estimates the enterprise value of FONZ LEATHER STYLES LIMITED at £4.4m based on a Turnover of £11.4m and 0.39x industry multiple (adjusted for size and gross margin).
fonz leather styles limitedEstimated Valuation
£2.9m
Pomanda estimates the enterprise value of FONZ LEATHER STYLES LIMITED at £2.9m based on an EBITDA of £736k and a 3.95x industry multiple (adjusted for size and gross margin).
fonz leather styles limitedEstimated Valuation
£14.1m
Pomanda estimates the enterprise value of FONZ LEATHER STYLES LIMITED at £14.1m based on Net Assets of £6.9m and 2.05x industry multiple (adjusted for liquidity).
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Fonz Leather Styles LimitedOverview
Fonz Leather Styles Limited is a live company located in birmingham, B7 4DQ with a Companies House number of 07246377. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in May 2010, it's largest shareholder is
jh1 group ltd
with a 100% stake. Fonz Leather Styles Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£11.4m with
high
growth in recent years.
Pomanda's financial health check has awarded Fonz Leather Styles Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £11.4m, make it in line with the average company (£13.7m)
£11.4m - Fonz Leather Styles Limited
£13.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (11.6%)
27% - Fonz Leather Styles Limited
11.6% - Industry AVG
Production
with a gross margin of 30.9%, this company has a higher cost of product (40.8%)
30.9% - Fonz Leather Styles Limited
40.8% - Industry AVG
Profitability
an operating margin of 5.6% make it more profitable than the average company (4.1%)
5.6% - Fonz Leather Styles Limited
4.1% - Industry AVG
Employees
with 58 employees, this is similar to the industry average (57)
58 - Fonz Leather Styles Limited
57 - Industry AVG
Pay Structure
on an average salary of £19.5k, the company has a lower pay structure (£34.1k)
£19.5k - Fonz Leather Styles Limited
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £195.8k, this is less efficient (£240.3k)
£195.8k - Fonz Leather Styles Limited
£240.3k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (25 days)
39 days - Fonz Leather Styles Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (35 days)
21 days - Fonz Leather Styles Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is less than average (132 days)
55 days - Fonz Leather Styles Limited
132 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 208 weeks, this is more cash available to meet short term requirements (13 weeks)
208 weeks - Fonz Leather Styles Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.5%, this is a lower level of debt than the average (62.3%)
11.5% - Fonz Leather Styles Limited
62.3% - Industry AVG
FONZ LEATHER STYLES LIMITED financials
EXPORT
Fonz Leather Styles Limited's latest turnover from March 2024 is £11.4 million and the company has net assets of £6.9 million. According to their latest financial statements, Fonz Leather Styles Limited has 58 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
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
Turnover
11,356,361
10,615,009
7,744,171
5,488,687
5,018,232
5,698,366
5,711,440
4,778,948
5,050,889
4,802,623
6,729,987
7,132,682
6,409,014
6,290,820
Other Income Or Grants
Cost Of Sales
7,848,345
7,762,663
4,649,528
3,328,055
3,010,947
3,433,962
3,444,606
2,958,137
3,094,847
2,941,101
4,076,315
4,318,503
3,928,205
3,847,704
Gross Profit
3,508,016
2,852,346
3,094,643
2,160,632
2,007,284
2,264,405
2,266,835
1,820,812
1,956,043
1,861,522
2,653,672
2,814,179
2,480,810
2,443,116
Admin Expenses
2,869,423
2,449,655
1,496,593
623,627
748,399
2,592,660
2,304,702
1,187,472
1,518,269
1,515,021
2,514,466
2,431,919
1,857,783
1,430,028
Operating Profit
638,593
402,691
1,598,050
1,537,005
1,258,885
-328,255
-37,867
633,340
437,774
346,501
139,206
382,260
623,027
1,013,088
Interest Payable
109
15,322
840
929
10,369
20,766
20,820
10,423
Interest Receivable
9,620
2,060
23,027
2,211
1,341
9,121
6,775
3,163
5,791
3,932
4,399
4,664
4,374
2,722
Pre-Tax Profit
1,415,649
414,287
1,621,077
1,539,216
1,259,386
-320,064
-31,092
636,503
443,565
350,433
133,236
366,158
606,581
1,005,386
Tax
-315,164
-160,217
-308,005
-292,451
-239,283
-127,300
-88,713
-73,591
-30,644
-87,878
-157,711
-281,508
Profit After Tax
1,100,485
254,070
1,313,072
1,246,765
1,020,103
-320,064
-31,092
509,202
354,852
276,842
102,592
278,280
448,870
723,878
Dividends Paid
Retained Profit
1,100,485
254,070
1,313,072
1,246,765
1,020,103
-320,064
-31,092
509,202
354,852
276,842
102,592
278,280
448,870
723,878
Employee Costs
1,129,263
952,599
1,493,780
1,461,128
1,444,719
1,398,347
1,342,186
1,195,167
1,209,795
814,493
1,158,201
1,279,958
1,067,789
1,089,412
Number Of Employees
58
52
49
50
50
49
50
47
47
32
47
52
45
45
EBITDA*
736,038
450,401
1,608,893
1,600,394
1,347,652
-209,380
79,024
745,353
524,827
346,501
212,581
463,954
708,554
1,080,606
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
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
Tangible Assets
2,384,002
1,467,249
1,471,340
1,512,624
417,821
497,346
505,721
499,768
429,715
393,117
422,705
459,168
420,614
437,836
Intangible Assets
3,545
6,322
5,326
16,169
12,971
14,872
22,308
29,744
1
1,833
7,833
13,833
19,833
30,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,387,547
1,473,571
1,476,666
1,528,793
430,792
512,218
528,029
529,512
429,716
394,950
430,538
473,001
440,447
467,836
Stock & work in progress
1,189,618
1,298,966
529,500
479,688
587,632
567,988
586,988
448,795
479,150
459,000
315,388
198,986
380,782
368,430
Trade Debtors
1,237,106
1,467,722
1,156,096
658,574
529,172
696,257
597,234
533,571
598,930
650,943
1,003,958
945,287
862,548
696,574
Group Debtors
Misc Debtors
46,514
63,029
9,290
46,570
930,377
520,325
512,590
516,346
22,705
Cash
2,916,164
2,551,467
3,447,906
2,692,525
1,729,018
953,791
1,478,392
1,231,728
1,298,668
1,017,554
555,068
1,204,422
661,003
1,088,693
misc current assets
22,156
total current assets
5,411,558
5,381,184
5,142,792
3,877,357
3,776,199
2,738,361
3,175,204
2,730,440
2,399,453
2,127,497
1,874,414
2,348,695
1,904,333
2,153,697
total assets
7,799,105
6,854,755
6,619,458
5,406,150
4,206,991
3,250,579
3,703,233
3,259,952
2,829,169
2,522,447
2,304,952
2,821,696
2,344,780
2,621,533
Bank overdraft
27,540
Bank loan
Trade Creditors
462,428
599,469
340,432
333,896
146,738
239,340
535,153
234,268
187,266
690,985
750,332
1,051,624
852,118
1,576,935
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
265,696
260,876
347,886
454,186
695,790
639,339
503,656
330,168
455,589
total current liabilities
728,124
860,345
688,318
788,082
842,528
906,219
1,038,809
564,436
642,855
690,985
750,332
1,051,624
852,118
1,576,935
loans
319,037
319,907
320,713
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
166,886
total long term liabilities
166,886
319,037
319,907
320,713
total liabilities
895,010
860,345
688,318
788,082
842,528
906,219
1,038,809
564,436
642,855
690,985
750,332
1,370,661
1,172,025
1,897,648
net assets
6,904,095
5,994,410
5,931,140
4,618,068
3,364,463
2,344,360
2,664,424
2,695,516
2,186,314
1,831,462
1,554,620
1,451,035
1,172,755
723,885
total shareholders funds
6,904,095
5,994,410
5,931,140
4,618,068
3,364,463
2,344,360
2,664,424
2,695,516
2,186,314
1,831,462
1,554,620
1,451,035
1,172,755
723,885
Mar 2024
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
Operating Activities
Operating Profit
638,593
402,691
1,598,050
1,537,005
1,258,885
-328,255
-37,867
633,340
437,774
346,501
139,206
382,260
623,027
1,013,088
Depreciation
94,668
44,931
10,843
63,389
88,767
111,439
109,455
104,577
85,221
67,375
75,694
75,360
67,518
Amortisation
2,777
2,779
7,436
7,436
7,436
1,832
6,000
6,000
10,167
Tax
-315,164
-160,217
-308,005
-292,451
-239,283
-127,300
-88,713
-73,591
-30,644
-87,878
-157,711
-281,508
Stock
-109,348
769,466
49,812
-107,944
19,644
-19,000
138,193
-30,355
20,150
143,612
116,402
-181,796
12,352
368,430
Debtors
-247,131
365,365
460,242
-754,405
242,967
106,758
59,907
428,282
-29,308
-353,015
58,671
82,739
165,974
696,574
Creditors
-137,041
259,037
6,536
187,158
-92,602
-295,813
300,885
47,002
-503,719
-59,347
-301,292
199,506
-724,817
1,576,935
Accruals and Deferred Income
4,820
-87,010
-106,300
-241,604
56,451
135,683
173,488
-125,421
455,589
Deferred Taxes & Provisions
166,886
Cash flow from operations
812,018
-672,620
691,070
2,115,846
809,607
-457,268
355,297
141,707
397,142
422,966
-294,428
674,639
-352,300
1,311,029
Investing Activities
capital expenditure
41,284
-1,161,390
-7,341
-103,064
-115,408
-211,809
-121,819
35,588
-30,912
-114,248
-58,138
-535,354
Change in Investments
cash flow from investments
41,284
-1,161,390
-7,341
-103,064
-115,408
-211,809
-121,819
35,588
-30,912
-114,248
-58,138
-535,354
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-319,037
-870
-806
320,713
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-190,800
-190,800
6,840
993
7
interest
9,511
-13,262
23,027
2,211
501
8,192
6,775
3,163
5,791
3,932
-5,970
-16,102
-16,446
-7,701
cash flow from financing
-181,289
-204,062
23,027
9,051
501
8,192
6,775
3,163
5,791
3,932
-324,014
-16,972
-17,252
313,019
cash and cash equivalents
cash
364,697
-896,439
755,381
963,507
775,227
-524,601
246,664
-66,940
281,114
462,486
-649,354
543,419
-427,690
1,088,693
overdraft
-27,540
27,540
change in cash
364,697
-896,439
755,381
963,507
802,767
-552,141
246,664
-66,940
281,114
462,486
-649,354
543,419
-427,690
1,088,693
fonz leather styles limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for fonz leather styles limited. Get real-time insights into fonz leather styles limited's credit score, group structure and payment trends.
Perform a competitor analysis for fonz leather styles 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 B 7 area or any other competitors across 12 key performance metrics.
fonz leather styles limited Ownership
FONZ LEATHER STYLES LIMITED group structure
Fonz Leather Styles Limited has no subsidiary companies.
Ultimate parent company
FONZ LEATHER STYLES LIMITED
07246377
FONZ LEATHER STYLES LIMITED Shareholders
The sole shareholder of Fonz Leather Styles Limited is Jh1 Group Ltd.
jh1 group ltd
100%
fonz leather styles limited directors
Fonz Leather Styles Limited currently has 5 directors.
The longest serving directors include
Mr Arshad Hameed (May 2010) and
Mr Muhammad Jahangir (Mar 2023).
47710 - Retail sale of clothing in specialised stores
46420 - Wholesale of clothing and footwear
incorporation date
May 2010
age
15
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
CRYSTAL BUSINESS SERVICES LTD
address
45 lord street, birmingham, B7 4DQ
Bank
-
Legal Advisor
-
fonz leather styles 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 fonz leather styles limited. Currently there are 1 open charges and 0 have been satisfied in the past.
fonz leather styles 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.
Click to start generating capital raising & share issue transactions for FONZ LEATHER STYLES LIMITED. This can take several minutes, an email will notify you when this has completed.
fonz leather styles limitedCompanies House Filings - See Documents
