furniture zone barking limited

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furniture zone barking limited Company Information

Share FURNITURE ZONE BARKING LIMITED

Company Number

07918943

Directors

Shayan Mirza

Shareholders

fazeel mirza

Group Structure

View All

Industry

Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores

 

Registered Address

413 lea bridge road, london, E10 7EA

Website

-

furniture zone barking limited Estimated Valuation

£33.7k

Pomanda estimates the enterprise value of FURNITURE ZONE BARKING LIMITED at £33.7k based on a Turnover of £117.2k and 0.29x industry multiple (adjusted for size and gross margin).

furniture zone barking limited Estimated Valuation

£2.4k

Pomanda estimates the enterprise value of FURNITURE ZONE BARKING LIMITED at £2.4k based on an EBITDA of £762 and a 3.14x industry multiple (adjusted for size and gross margin).

furniture zone barking limited Estimated Valuation

£10.6k

Pomanda estimates the enterprise value of FURNITURE ZONE BARKING LIMITED at £10.6k based on Net Assets of £5k and 2.12x industry multiple (adjusted for liquidity).

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Furniture Zone Barking Limited Overview

Furniture Zone Barking Limited is a live company located in london, E10 7EA with a Companies House number of 07918943. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in January 2012, it's largest shareholder is fazeel mirza with a 100% stake. Furniture Zone Barking Limited is a established, micro sized company, Pomanda has estimated its turnover at £117.2k with declining growth in recent years.

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Furniture Zone Barking Limited Health Check

Pomanda's financial health check has awarded Furniture Zone Barking Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

9 Weak

size

Size

annual sales of £117.2k, make it smaller than the average company (£5.6m)

£117.2k - Furniture Zone Barking Limited

£5.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (10%)

-1% - Furniture Zone Barking Limited

10% - Industry AVG

production

Production

with a gross margin of 31.2%, this company has a higher cost of product (41.1%)

31.2% - Furniture Zone Barking Limited

41.1% - Industry AVG

profitability

Profitability

an operating margin of 0.7% make it less profitable than the average company (2.9%)

0.7% - Furniture Zone Barking Limited

2.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (39)

1 - Furniture Zone Barking Limited

39 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.7k, the company has an equivalent pay structure (£34.7k)

£34.7k - Furniture Zone Barking Limited

£34.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £117.2k, this is less efficient (£170.1k)

£117.2k - Furniture Zone Barking Limited

£170.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 89 days, this is later than average (14 days)

89 days - Furniture Zone Barking Limited

14 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (35 days)

12 days - Furniture Zone Barking Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Furniture Zone Barking Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Furniture Zone Barking Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86.7%, this is a higher level of debt than the average (62.9%)

86.7% - Furniture Zone Barking Limited

62.9% - Industry AVG

FURNITURE ZONE BARKING LIMITED financials

EXPORTms excel logo

Furniture Zone Barking Limited's latest turnover from January 2024 is estimated at £117.2 thousand and the company has net assets of £5 thousand. According to their latest financial statements, Furniture Zone Barking Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Turnover117,16291,902110,835119,94455,40241,83739,38735,51662,49763,34010,9789,552
Other Income Or Grants
Cost Of Sales80,63163,04076,54782,32637,77628,70426,69624,67843,49943,8297,4436,582
Gross Profit36,53128,86134,28837,61817,62613,13412,69110,83818,99819,5113,5352,970
Admin Expenses35,76827,66234,38637,82016,42512,15712,11610,55019,49118,3722,7512,568
Operating Profit7631,199-98-2021,201977575288-4931,139784402
Interest Payable
Interest Receivable22
Pre-Tax Profit7631,199-98-2021,201977575288-4931,141786403
Tax-191-228-228-186-109-57-240-181-97
Profit After Tax572971-98-202973791466230-493901605306
Dividends Paid
Retained Profit572971-98-202973791466230-493901605306
Employee Costs34,73632,04030,99928,74227,78626,68827,43127,21227,61326,75523,54723,405
Number Of Employees111111111111
EBITDA*7631,199-98-2021,201977575288-4931,1392,1591,777

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Tangible Assets8,90711,1344185221,3752,7504,125
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8,90711,1344185221,3752,7504,125
Stock & work in progress3,1601,915
Trade Debtors28,82325,60035,93435,6847,9088,7877,6276,8377,1887,017
Group Debtors
Misc Debtors
Cash76679
misc current assets
total current assets28,82325,60035,93435,6847,9088,7877,6276,8377,1887,0173,9261,994
total assets37,73036,73436,35236,2067,9088,7877,6276,8377,1888,3926,6766,119
Bank overdraft
Bank loan
Trade Creditors 2,7082,2842,8732,6294,1295,9815,6125,2885,8696,5805,7645,812
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,7082,2842,8732,6294,1295,9815,6125,2885,8696,5805,7645,812
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities30,00030,00030,00030,000
provisions
total long term liabilities30,00030,00030,00030,000
total liabilities32,70832,28432,87332,6294,1295,9815,6125,2885,8696,5805,7645,812
net assets5,0224,4503,4793,5773,7792,8062,0151,5491,3191,812912307
total shareholders funds5,0224,4503,4793,5773,7792,8062,0151,5491,3191,812912307
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Operating Activities
Operating Profit7631,199-98-2021,201977575288-4931,139784402
Depreciation1,3751,375
Amortisation
Tax-191-228-228-186-109-57-240-181-97
Stock-3,1601,2451,915
Debtors3,223-10,33425027,776-8791,160790-3511717,017
Creditors424-589244-1,500-1,852369324-581-711816-485,812
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-2,22710,716-104-29,4781-1,375-2,1426855,577
Investing Activities
capital expenditure2,227-10,716104-5221,3751,375-5,500
Change in Investments
cash flow from investments2,227-10,716104-5221,3751,375-5,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities30,000
share issue-11
interest22
cash flow from financing30,000121
cash and cash equivalents
cash-76668779
overdraft
change in cash-76668779

furniture zone barking limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Furniture Zone Barking Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for furniture zone barking limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in E10 area or any other competitors across 12 key performance metrics.

furniture zone barking limited Ownership

FURNITURE ZONE BARKING LIMITED group structure

Furniture Zone Barking Limited has no subsidiary companies.

Ultimate parent company

FURNITURE ZONE BARKING LIMITED

07918943

FURNITURE ZONE BARKING LIMITED Shareholders

fazeel mirza 100%

furniture zone barking limited directors

Furniture Zone Barking Limited currently has 1 director, Mr Shayan Mirza serving since Aug 2024.

officercountryagestartendrole
Mr Shayan MirzaEngland34 years Aug 2024- Director

P&L

January 2024

turnover

117.2k

+27%

operating profit

762.7

0%

gross margin

31.2%

-0.72%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

5k

+0.13%

total assets

37.7k

+0.03%

cash

0

0%

net assets

Total assets minus all liabilities

furniture zone barking limited company details

company number

07918943

Type

Private limited with Share Capital

industry

47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores

incorporation date

January 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

413 lea bridge road, london, E10 7EA

Bank

-

Legal Advisor

-

furniture zone barking 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 furniture zone barking limited.

furniture zone barking 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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furniture zone barking limited Companies House Filings - See Documents

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