Pomanda estimates the enterprise value of FITTERS RATES LTD at £82.1k based on a Turnover of £244.8k and 0.34x industry multiple (adjusted for size and gross margin).
fitters rates ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of FITTERS RATES LTD at £0 based on an EBITDA of £-4.3k and a 3.57x industry multiple (adjusted for size and gross margin).
fitters rates ltdEstimated Valuation
£23.5k
Pomanda estimates the enterprise value of FITTERS RATES LTD at £23.5k based on Net Assets of £11k and 2.14x industry multiple (adjusted for liquidity).
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Fitters Rates LtdOverview
Fitters Rates Ltd is a live company located in cardiff, CF24 5SD with a Companies House number of 07711326. It operates in the glazing sector, SIC Code 43342. Founded in July 2011, it's largest shareholder is
dexter aldo roberts
with a 100% stake. Fitters Rates Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£244.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Fitters Rates Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
7 Weak
Size
annual sales of £244.8k, make it smaller than the average company (£530.5k)
£244.8k - Fitters Rates Ltd
£530.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (10.6%)
-27% - Fitters Rates Ltd
10.6% - Industry AVG
Production
with a gross margin of 34.7%, this company has a comparable cost of product (34.7%)
34.7% - Fitters Rates Ltd
34.7% - Industry AVG
Profitability
an operating margin of -4.1% make it less profitable than the average company (5.5%)
-4.1% - Fitters Rates Ltd
5.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Fitters Rates Ltd
6 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has an equivalent pay structure (£32.9k)
£32.9k - Fitters Rates Ltd
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £61.2k, this is less efficient (£115.5k)
£61.2k - Fitters Rates Ltd
£115.5k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (53 days)
62 days - Fitters Rates Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (33 days)
8 days - Fitters Rates Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fitters Rates Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 25 weeks, this is more cash available to meet short term requirements (14 weeks)
25 weeks - Fitters Rates Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.5%, this is a higher level of debt than the average (67.1%)
91.5% - Fitters Rates Ltd
67.1% - Industry AVG
FITTERS RATES LTD financials
EXPORT
Fitters Rates Ltd's latest turnover from October 2024 is estimated at £244.8 thousand and the company has net assets of £11 thousand. According to their latest financial statements, Fitters Rates Ltd has 4 employees and maintains cash reserves of £53.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Turnover
244,750
347,013
399,224
635,729
498,149
417,542
424,099
243,049
259,907
283,051
639,760
361,891
146,815
Other Income Or Grants
Cost Of Sales
159,741
241,376
277,096
458,897
350,895
303,544
313,488
164,596
172,370
193,121
414,328
237,854
96,476
Gross Profit
85,009
105,638
122,129
176,832
147,254
113,998
110,611
78,453
87,537
89,930
225,432
124,037
50,339
Admin Expenses
95,050
145,566
143,798
172,082
89,391
105,203
115,655
92,344
92,060
101,094
184,462
117,792
42,716
Operating Profit
-10,041
-39,928
-21,669
4,750
57,863
8,795
-5,044
-13,891
-4,523
-11,164
40,970
6,245
7,623
Interest Payable
Interest Receivable
4,583
6,989
2,649
108
103
569
502
185
175
276
255
211
76
Pre-Tax Profit
-5,458
-32,939
-19,020
4,858
57,965
9,364
-4,542
-13,706
-4,348
-10,888
41,225
6,456
7,699
Tax
-923
-11,013
-1,779
-8,657
-1,485
-1,848
Profit After Tax
-5,458
-32,939
-19,020
3,935
46,952
7,585
-4,542
-13,706
-4,348
-10,888
32,568
4,971
5,851
Dividends Paid
Retained Profit
-5,458
-32,939
-19,020
3,935
46,952
7,585
-4,542
-13,706
-4,348
-10,888
32,568
4,971
5,851
Employee Costs
131,746
119,589
106,186
114,285
98,148
115,029
114,891
78,843
84,620
90,300
194,563
107,136
52,922
Number Of Employees
4
4
4
4
4
4
4
3
3
3
7
4
2
EBITDA*
-4,258
-34,817
-14,960
14,865
67,587
12,121
335
-8,774
-1,763
-7,559
45,236
9,705
9,905
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Tangible Assets
33,775
17,142
22,253
28,962
32,547
35,771
39,097
22,435
9,552
12,311
13,350
17,047
5,458
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
33,775
17,142
22,253
28,962
32,547
35,771
39,097
22,435
9,552
12,311
13,350
17,047
5,458
Stock & work in progress
Trade Debtors
42,144
24,965
45,668
103,087
68,560
47,764
41,724
34,545
40,609
28,014
83,115
25,856
6,785
Group Debtors
Misc Debtors
3,243
5,230
692
692
692
692
Cash
53,521
129,808
136,437
99,007
117,121
87,941
63,716
70,236
78,001
62,367
48,077
53,864
30,438
misc current assets
total current assets
95,665
154,773
185,348
202,094
190,911
136,397
106,132
105,473
119,302
90,381
131,192
79,720
37,223
total assets
129,440
171,915
207,601
231,056
223,458
172,168
145,229
127,908
128,854
102,692
144,542
96,767
42,681
Bank overdraft
Bank loan
Trade Creditors
3,741
17,065
13,841
66,142
94,182
75,523
35,737
Group/Directors Accounts
other short term finances
hp & lease commitments
587
3,836
7,086
10,336
1,583
other current liabilities
106,580
147,338
150,085
154,520
150,270
142,683
120,711
81,699
83,364
total current liabilities
110,321
147,338
150,085
154,520
150,857
146,519
127,797
109,100
98,788
66,142
94,182
75,523
35,737
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,583
4,297
7,010
provisions
8,156
8,156
8,156
8,156
8,156
8,156
7,524
4,358
1,910
2,463
2,671
3,410
1,092
total long term liabilities
8,156
8,156
8,156
8,156
8,156
8,156
7,524
4,358
1,910
4,046
6,968
10,420
1,092
total liabilities
118,477
155,494
158,241
162,676
159,013
154,675
135,321
113,458
100,698
70,188
101,150
85,943
36,829
net assets
10,963
16,421
49,360
68,380
64,445
17,493
9,908
14,450
28,156
32,504
43,392
10,824
5,852
total shareholders funds
10,963
16,421
49,360
68,380
64,445
17,493
9,908
14,450
28,156
32,504
43,392
10,824
5,852
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Operating Activities
Operating Profit
-10,041
-39,928
-21,669
4,750
57,863
8,795
-5,044
-13,891
-4,523
-11,164
40,970
6,245
7,623
Depreciation
5,783
5,111
6,709
10,115
9,724
3,326
5,379
5,117
2,760
3,605
4,266
3,460
2,282
Amortisation
Tax
-923
-11,013
-1,779
-8,657
-1,485
-1,848
Stock
Debtors
17,179
-23,946
-54,176
29,297
25,334
6,040
7,179
-6,064
13,287
-55,101
57,259
19,071
6,785
Creditors
3,741
-17,065
3,224
-52,301
-28,040
18,659
39,786
35,737
Accruals and Deferred Income
-40,758
-2,747
-4,435
4,250
7,587
21,972
39,012
-1,665
83,364
Deferred Taxes & Provisions
632
3,166
2,448
-553
-208
-739
2,318
1,092
Cash flow from operations
-58,454
-13,618
34,781
-11,105
38,827
26,906
18,269
1,297
15,460
19,294
-2,760
31,253
38,101
Investing Activities
capital expenditure
-22,416
-6,530
-6,500
-22,041
-18,000
-1
-2,566
-569
-15,049
-7,740
Change in Investments
cash flow from investments
-22,416
-6,530
-6,500
-22,041
-18,000
-1
-2,566
-569
-15,049
-7,740
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-587
-3,249
-3,250
-3,250
8,753
1,583
other long term liabilities
-1,583
-2,714
-2,713
7,010
share issue
1
1
interest
4,583
6,989
2,649
108
103
569
502
185
175
276
255
211
76
cash flow from financing
4,583
6,989
2,649
-479
-3,146
-2,681
-2,748
8,938
175
-2,438
-2,458
7,222
77
cash and cash equivalents
cash
-76,287
-6,629
37,430
-18,114
29,180
24,225
-6,520
-7,765
15,634
14,290
-5,787
23,426
30,438
overdraft
change in cash
-76,287
-6,629
37,430
-18,114
29,180
24,225
-6,520
-7,765
15,634
14,290
-5,787
23,426
30,438
fitters rates ltd 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 fitters rates ltd. Get real-time insights into fitters rates ltd's credit score, group structure and payment trends.
Perform a competitor analysis for fitters rates ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in CF24 area or any other competitors across 12 key performance metrics.
fitters rates ltd Ownership
FITTERS RATES LTD group structure
Fitters Rates Ltd has no subsidiary companies.
Ultimate parent company
FITTERS RATES LTD
07711326
FITTERS RATES LTD Shareholders
The sole shareholder of Fitters Rates Ltd is Dexter Aldo Roberts.
dexter aldo roberts
100%
fitters rates ltd directors
Fitters Rates Ltd currently has 2 directors.
The longest serving directors include
Mr Dexter Roberts (Jul 2011) and
Mr Samuel Roberts (Nov 2024).
unit1, martin road, tremorfa industrial, cardiff, south glammorgan, CF24 5SD
Bank
-
Legal Advisor
-
fitters rates ltd 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 fitters rates ltd.
fitters rates ltd 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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fitters rates ltdCompanies House Filings - See Documents
