thefloorco limited
thefloorco limited Company Information
Company Number
07710842
Website
http://hilcouk.comRegistered Address
technology business park, moy avenue, eastbourne, east sussex, BN22 8LD
Industry
Dormant Company
Telephone
08000932932
Next Accounts Due
3443 days late
Group Structure
View All
Directors
Colin Bassett10 Years
Shareholders
two small ones ltd 100%
thefloorco limited Estimated Valuation
Pomanda estimates the enterprise value of THEFLOORCO LIMITED at £0 based on a Turnover of £593.4k and 0x industry multiple (adjusted for size and gross margin).
thefloorco limited Estimated Valuation
Pomanda estimates the enterprise value of THEFLOORCO LIMITED at £0 based on an EBITDA of £-77.5k and a 0x industry multiple (adjusted for size and gross margin).
thefloorco limited Estimated Valuation
Pomanda estimates the enterprise value of THEFLOORCO LIMITED at £0 based on Net Assets of £-171.5k and 0x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Thefloorco Limited Overview
Thefloorco Limited is a live company located in eastbourne, BN22 8LD with a Companies House number of 07710842. It operates in the dormant company sector, SIC Code 99999. Founded in July 2011, it's largest shareholder is two small ones ltd with a 100% stake. Thefloorco Limited is a established, small sized company, Pomanda has estimated its turnover at £593.4k with unknown growth in recent years.
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Thefloorco Limited Health Check
Pomanda's financial health check has awarded Thefloorco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £593.4k, make it smaller than the average company (£4.9m)
- Thefloorco Limited
£4.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Thefloorco Limited
- - Industry AVG
Production
with a gross margin of 16%, this company has a higher cost of product (30.8%)
- Thefloorco Limited
30.8% - Industry AVG
Profitability
an operating margin of -18.7% make it less profitable than the average company (4.6%)
- Thefloorco Limited
4.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (56)
- Thefloorco Limited
56 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Thefloorco Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £296.7k, this is more efficient (£154.4k)
- Thefloorco Limited
£154.4k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is near the average (40 days)
- Thefloorco Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 263 days, this is slower than average (39 days)
- Thefloorco Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 40 days, this is more than average (31 days)
- Thefloorco Limited
31 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (8 weeks)
5 weeks - Thefloorco Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 191.1%, this is a higher level of debt than the average (71%)
191.1% - Thefloorco Limited
71% - Industry AVG
THEFLOORCO LIMITED financials
Thefloorco Limited's latest turnover from July 2013 is estimated at £593.4 thousand and the company has net assets of -£171.5 thousand. According to their latest financial statements, we estimate that Thefloorco Limited has 2 employees and maintains cash reserves of £35.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2013 | Jul 2012 | |
|---|---|---|
| Turnover | 72,656 | |
| Other Income Or Grants | 0 | |
| Cost Of Sales | 70,105 | |
| Gross Profit | 2,551 | |
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | 0 | |
| Interest Receivable | 0 | |
| Pre-Tax Profit | -61,336 | |
| Tax | 0 | |
| Profit After Tax | -61,336 | |
| Dividends Paid | 0 | |
| Retained Profit | -61,336 | |
| Employee Costs | ||
| Number Of Employees | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2013 | Jul 2012 | |
|---|---|---|
| Tangible Assets | 37,638 | 70,855 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 37,638 | 70,855 |
| Stock & work in progress | 55,493 | 0 |
| Trade Debtors | 59,622 | 20,924 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 295 |
| Cash | 35,514 | 139,768 |
| misc current assets | 0 | 0 |
| total current assets | 150,629 | 160,987 |
| total assets | 188,267 | 231,842 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 359,722 | 20,300 |
| Group/Directors Accounts | 0 | 266,099 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 6,579 |
| total current liabilities | 359,722 | 292,978 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 359,722 | 292,978 |
| net assets | -171,455 | -61,136 |
| total shareholders funds | -171,455 | -61,136 |
| Jul 2013 | Jul 2012 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 33,217 | 15,676 |
| Amortisation | 0 | 0 |
| Tax | 0 | |
| Stock | 55,493 | 0 |
| Debtors | 38,403 | 21,219 |
| Creditors | 339,422 | 20,300 |
| Accruals and Deferred Income | -6,579 | 6,579 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | -266,099 | 266,099 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | 0 | |
| cash flow from financing | 266,299 | |
| cash and cash equivalents | ||
| cash | -104,254 | 139,768 |
| overdraft | 0 | 0 |
| change in cash | -104,254 | 139,768 |
thefloorco limited Credit Report and Business Information
Thefloorco Limited Competitor Analysis
Perform a competitor analysis for thefloorco limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other small companies, companies in BN22 area or any other competitors across 12 key performance metrics.
thefloorco limited Ownership
THEFLOORCO LIMITED group structure
Thefloorco Limited has no subsidiary companies.
thefloorco limited directors
Thefloorco Limited currently has 1 director, Mr Colin Bassett serving since Oct 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Bassett | United Kingdom | 60 years | Oct 2013 | - | Director |
P&L
July 2013turnover
593.4k
+717%
operating profit
-110.8k
0%
gross margin
16.1%
+355.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2013net assets
-171.5k
+1.8%
total assets
188.3k
-0.19%
cash
35.5k
-0.75%
net assets
Total assets minus all liabilities
Similar Companies
thefloorco limited company details
company number
07710842
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
July 2011
age
13
incorporated
UK
accounts
Total Exemption Small
ultimate parent company
previous names
uk retail flooring ltd (August 2011)
last accounts submitted
July 2013
address
technology business park, moy avenue, eastbourne, east sussex, BN22 8LD
accountant
-
auditor
-
thefloorco 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 thefloorco limited.
thefloorco limited Companies House Filings - See Documents
| date | description | view/download |
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