old ff limited Company Information
Company Number
07285150
Next Accounts
Jan 2025
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Directors
Shareholders
hitachi capital (uk) plc
Group Structure
View All
Contact
Registered Address
hitachi capital house, thorpe road, staines-upon-thames, TW18 3HP
Website
franchisefinance.co.ukold ff limited Estimated Valuation
Pomanda estimates the enterprise value of OLD FF LIMITED at £2.6m based on a Turnover of £1.4m and 1.85x industry multiple (adjusted for size and gross margin).
old ff limited Estimated Valuation
Pomanda estimates the enterprise value of OLD FF LIMITED at £1.1m based on an EBITDA of £167.5k and a 6.84x industry multiple (adjusted for size and gross margin).
old ff limited Estimated Valuation
Pomanda estimates the enterprise value of OLD FF LIMITED at £268.1k based on Net Assets of £204k and 1.31x industry multiple (adjusted for liquidity).
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Old Ff Limited Overview
Old Ff Limited is a dissolved company that was located in staines-upon-thames, TW18 3HP with a Companies House number of 07285150. It operated in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2010, it's largest shareholder was hitachi capital (uk) plc with a 100% stake. The last turnover for Old Ff Limited was estimated at £1.4m.
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Old Ff Limited Health Check
Pomanda's financial health check has awarded Old Ff Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
2 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£3.5m)
£1.4m - Old Ff Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 118%, show it is growing at a faster rate (6%)
- Old Ff Limited
6% - Industry AVG
Production
with a gross margin of 91.7%, this company has a lower cost of product (59.8%)
91.7% - Old Ff Limited
59.8% - Industry AVG
Profitability
an operating margin of 11.3% make it as profitable than the average company (10.5%)
11.3% - Old Ff Limited
10.5% - Industry AVG
Employees
with 12 employees, this is similar to the industry average (11)
12 - Old Ff Limited
11 - Industry AVG
Pay Structure
on an average salary of £68.2k, the company has an equivalent pay structure (£68.2k)
- Old Ff Limited
£68.2k - Industry AVG
Efficiency
resulting in sales per employee of £118.7k, this is less efficient (£193.9k)
£118.7k - Old Ff Limited
£193.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Old Ff Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Old Ff Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Old Ff Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Old Ff Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Old Ff Limited
- - Industry AVG
OLD FF LIMITED financials
Old Ff Limited's latest turnover from March 2019 is £1.4 million and the company has net assets of £204 thousand. According to their latest financial statements, Old Ff Limited has 12 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
---|---|---|---|---|---|---|---|---|---|
Turnover | 1,424,790 | 1,006,177 | |||||||
Other Income Or Grants | 0 | 0 | |||||||
Cost Of Sales | 118,113 | 127,530 | |||||||
Gross Profit | 1,306,677 | 878,647 | |||||||
Admin Expenses | 1,145,714 | 681,930 | |||||||
Operating Profit | 160,963 | 196,717 | |||||||
Interest Payable | 0 | 0 | |||||||
Interest Receivable | 0 | 4 | |||||||
Pre-Tax Profit | 160,963 | 196,721 | |||||||
Tax | 2,008 | -37,826 | |||||||
Profit After Tax | 162,971 | 158,895 | |||||||
Dividends Paid | 36,000 | 126,000 | |||||||
Retained Profit | 126,971 | 32,895 | |||||||
Employee Costs | |||||||||
Number Of Employees | 12 | 10 | 8 | ||||||
EBITDA* | 167,511 | 201,031 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 10,567 | 6,179 | 5,356 | 4,919 | 356 | 250 | 500 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 10,568 | 6,180 | 5,357 | 4,920 | 357 | 250 | 500 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 182,686 | 122,162 | 54,036 | 38,438 | 16,164 | 12,248 | 8,505 | 4,371 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 204,004 | 25,740 | 15,053 | 6,453 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 86,615 | 68,084 | 82,000 | 26,879 | 24,532 | 8,827 | 13,274 | 10,163 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 204,004 | 295,041 | 205,299 | 142,489 | 65,317 | 40,696 | 21,075 | 21,779 | 14,534 |
total assets | 204,004 | 305,609 | 211,479 | 147,846 | 70,237 | 41,053 | 21,325 | 22,279 | 14,534 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 14,122 | 11,074 | 14,151 | 58,057 | 34,905 | 18,824 | 20,724 | 12,962 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 212,458 | 155,044 | 88,998 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 0 | 226,580 | 166,118 | 103,149 | 58,057 | 34,905 | 18,824 | 20,724 | 12,962 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 2,008 | 1,236 | 1,071 | 984 | 21 | 50 | 100 | 0 |
total long term liabilities | 0 | 2,008 | 1,236 | 1,071 | 984 | 21 | 50 | 100 | 0 |
total liabilities | 0 | 228,588 | 167,354 | 104,220 | 59,041 | 34,926 | 18,874 | 20,824 | 12,962 |
net assets | 204,004 | 77,021 | 44,125 | 43,626 | 11,196 | 6,127 | 2,451 | 1,455 | 1,572 |
total shareholders funds | 204,004 | 77,021 | 44,125 | 43,626 | 11,196 | 6,127 | 2,451 | 1,455 | 1,572 |
Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | 160,963 | 196,717 | |||||||
Depreciation | 6,548 | 4,314 | 4,907 | 3,309 | 2,549 | 429 | 250 | 250 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 2,008 | -37,826 | |||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -4,422 | 71,211 | 76,726 | 22,051 | 22,274 | 3,916 | 3,743 | 4,134 | 4,371 |
Creditors | -14,122 | 3,048 | -3,077 | -43,906 | 23,152 | 16,081 | -1,900 | 7,762 | 12,962 |
Accruals and Deferred Income | -212,458 | 57,414 | 66,046 | 88,998 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -2,008 | 772 | 165 | 87 | 963 | -29 | -50 | 100 | 0 |
Cash flow from operations | -54,647 | 153,228 | |||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | -1 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||
interest | 0 | 4 | |||||||
cash flow from financing | 12 | 5 | |||||||
cash and cash equivalents | |||||||||
cash | -86,615 | 18,531 | -13,916 | 55,121 | 2,347 | 15,705 | -4,447 | 3,111 | 10,163 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -86,615 | 18,531 | -13,916 | 55,121 | 2,347 | 15,705 | -4,447 | 3,111 | 10,163 |
old ff limited Credit Report and Business Information
Old Ff Limited Competitor Analysis
Perform a competitor analysis for old ff limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in TW18 area or any other competitors across 12 key performance metrics.
old ff limited Ownership
OLD FF LIMITED group structure
Old Ff Limited has no subsidiary companies.
Ultimate parent company
HITACHI CAPITAL CORP
#0030820
2 parents
OLD FF LIMITED
07285150
old ff limited directors
Old Ff Limited currently has 1 director, Mr Gavin Wraith-Carter serving since Jun 2018.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gavin Wraith-Carter | England | 58 years | Jun 2018 | - | Director |
P&L
March 2019turnover
1.4m
+42%
operating profit
161k
-18%
gross margin
91.8%
+5.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
204k
+1.65%
total assets
204k
-0.33%
cash
0
-1%
net assets
Total assets minus all liabilities
old ff limited company details
company number
07285150
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
June 2010
age
14
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2019
previous names
franchise finance limited (August 2019)
franchise finance (2010) limited (June 2010)
accountant
-
auditor
-
address
hitachi capital house, thorpe road, staines-upon-thames, TW18 3HP
Bank
-
Legal Advisor
-
old ff 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 old ff limited.
old ff 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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old ff limited Companies House Filings - See Documents
date | description | view/download |
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