smart fire (uk) limited

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smart fire (uk) limited Company Information

Share SMART FIRE (UK) LIMITED

Company Number

07943521

Shareholders

paul whitehouse

jon halse

Group Structure

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Industry

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

 

Registered Address

80 new king's rd, london, SW6 4LT

smart fire (uk) limited Estimated Valuation

£93k

Pomanda estimates the enterprise value of SMART FIRE (UK) LIMITED at £93k based on a Turnover of £261.6k and 0.36x industry multiple (adjusted for size and gross margin).

smart fire (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SMART FIRE (UK) LIMITED at £0 based on an EBITDA of £-4.3k and a 3.71x industry multiple (adjusted for size and gross margin).

smart fire (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SMART FIRE (UK) LIMITED at £0 based on Net Assets of £-213k and 2.13x industry multiple (adjusted for liquidity).

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Smart Fire (uk) Limited Overview

Smart Fire (uk) Limited is a live company located in london, SW6 4LT with a Companies House number of 07943521. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in February 2012, it's largest shareholder is paul whitehouse with a 50% stake. Smart Fire (uk) Limited is a established, micro sized company, Pomanda has estimated its turnover at £261.6k with healthy growth in recent years.

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Smart Fire (uk) Limited Health Check

Pomanda's financial health check has awarded Smart Fire (Uk) 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £261.6k, make it smaller than the average company (£6.3m)

£261.6k - Smart Fire (uk) Limited

£6.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a similar rate (10%)

12% - Smart Fire (uk) Limited

10% - Industry AVG

production

Production

with a gross margin of 40.2%, this company has a comparable cost of product (40.2%)

40.2% - Smart Fire (uk) Limited

40.2% - Industry AVG

profitability

Profitability

an operating margin of -2.1% make it less profitable than the average company (3.2%)

-2.1% - Smart Fire (uk) Limited

3.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (38)

2 - Smart Fire (uk) Limited

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)

£34.9k - Smart Fire (uk) Limited

£34.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £130.8k, this is less efficient (£173.8k)

£130.8k - Smart Fire (uk) Limited

£173.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (13 days)

7 days - Smart Fire (uk) Limited

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 43 days, this is slower than average (36 days)

43 days - Smart Fire (uk) Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 321 days, this is more than average (76 days)

321 days - Smart Fire (uk) Limited

76 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (17 weeks)

1 weeks - Smart Fire (uk) Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 233.6%, this is a higher level of debt than the average (62.2%)

233.6% - Smart Fire (uk) Limited

62.2% - Industry AVG

SMART FIRE (UK) LIMITED financials

EXPORTms excel logo

Smart Fire (Uk) Limited's latest turnover from February 2024 is estimated at £261.6 thousand and the company has net assets of -£213 thousand. According to their latest financial statements, Smart Fire (Uk) Limited has 2 employees and maintains cash reserves of £13.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Turnover261,632293,354229,020188,260253,655430,837758,208671,7461,038,6041,429,8661,374,4461,097,556
Other Income Or Grants
Cost Of Sales156,366175,454137,065108,078142,829244,167422,925385,275625,638837,671818,430664,598
Gross Profit105,266117,90091,95580,182110,827186,670335,283286,471412,966592,195556,016432,958
Admin Expenses110,644131,319119,26495,512143,776279,310357,903282,378426,925603,208432,263483,626
Operating Profit-5,378-13,419-27,309-15,330-32,949-92,640-22,6204,093-13,959-11,013123,753-50,668
Interest Payable4,8286,1065,7306,2894,4131,3585734
Interest Receivable4468624423141507621612240
Pre-Tax Profit-4,932-18,161-33,413-21,059-39,233-97,049-23,9544,176-13,485-10,392124,365-50,428
Tax-835-28,604
Profit After Tax-4,932-18,161-33,413-21,059-39,233-97,049-23,9543,341-13,485-10,39295,761-50,428
Dividends Paid
Retained Profit-4,932-18,161-33,413-21,059-39,233-97,049-23,9543,341-13,485-10,39295,761-50,428
Employee Costs69,74864,08159,23856,30554,43879,90280,503105,50782,838286,759254,148210,491
Number Of Employees22222334311119
EBITDA*-4,292-11,992-25,461-12,833-29,699-88,437-17,17515,187-2,3872,748140,436-35,002

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Tangible Assets3,2554,3415,5437,3919,88812,60916,81221,53919,71526,28635,04846,731
Intangible Assets5,00010,00015,00020,000
Investments & Other
Debtors (Due After 1 year)3,100
Total Fixed Assets3,2554,3415,5437,3919,88815,70916,81221,53924,71536,28650,04866,731
Stock & work in progress137,62893,07894,288122,425142,066158,375163,601231,390206,511119,12161,46566,062
Trade Debtors5,23418,02318,2951,4308,57936,70471,72430,90672,44154,25059,96432,163
Group Debtors
Misc Debtors3,1006,94111,73619,2799,5394,804718
Cash13,2873,6906105755753788,866103,53699,344148,93195,919
misc current assets2,100
total current assets156,149114,791116,293130,796162,956214,933245,242275,966383,206272,715270,360196,244
total assets159,404119,132121,836138,187172,844230,642262,054297,505407,921309,001320,408262,975
Bank overdraft96,56991,30196,55289,78040,9737971,034
Bank loan
Trade Creditors 18,64827,0127,92718,89931,79116,61980,139118,901179,484173,255275,073313,401
Group/Directors Accounts115,969150,005167,322
other short term finances
hp & lease commitments
other current liabilities237,789150,18539,735184,291179,628219,964131,736114,261135,655
total current liabilities372,406327,202311,553294,491307,971326,363252,848233,959316,173173,255275,073313,401
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities7,50037,50070,000100,000
provisions1921923104838611,247290803
total long term liabilities1921923104838,36138,74770,290100,803
total liabilities372,406327,202311,745294,683308,281326,846261,209272,706386,463274,058275,073313,401
net assets-213,002-208,070-189,909-156,496-135,437-96,20484524,79921,45834,94345,335-50,426
total shareholders funds-213,002-208,070-189,909-156,496-135,437-96,20484524,79921,45834,94345,335-50,426
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Operating Activities
Operating Profit-5,378-13,419-27,309-15,330-32,949-92,640-22,6204,093-13,959-11,013123,753-50,668
Depreciation1,0861,4271,8482,4973,2504,2035,4456,0946,5728,76111,68315,666
Amortisation5,0005,0005,0005,000
Tax-835-28,604
Stock44,550-1,210-28,137-19,641-16,309-5,226-67,78924,87987,39057,656-4,59766,062
Debtors-12,789-3,37213,024-11,944-38,768-22,18045,553-37,44918,909-5,71427,80132,163
Creditors-8,36419,085-10,972-12,89215,172-63,520-38,762-60,5836,229-101,818-38,328313,401
Accruals and Deferred Income87,604110,450-144,5564,663-40,33688,22817,475-21,394135,655
Deferred Taxes & Provisions-192-118-173-378-386957-513803
Cash flow from operations43,187121,933-165,87610,40541-36,701-16,612-54,09832,685-150,20950,300180,174
Investing Activities
capital expenditure-225-529-718-7,918-11-82,397
Change in Investments
cash flow from investments-225-529-718-7,918-11-82,397
Financing Activities
Bank loans
Group/Directors Accounts-34,036-17,317167,322
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-7,500-30,000-32,500-30,000100,000
share issue2
interest446-4,742-6,104-5,730-6,285-4,409-1,33584473621612240
cash flow from financing-33,590-22,059161,218-5,730-6,285-11,909-31,335-32,416-29,527100,621612242
cash and cash equivalents
cash9,5973,080610-575197-8,488-94,6704,192-49,58753,01295,919
overdraft-96,5695,268-5,2516,77248,80740,176-2371,034
change in cash9,59799,649-4,6584,676-6,772-48,610-48,664-94,4333,158-49,58753,01295,919

smart fire (uk) 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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Smart Fire (uk) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for smart fire (uk) 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 SW6 area or any other competitors across 12 key performance metrics.

smart fire (uk) limited Ownership

SMART FIRE (UK) LIMITED group structure

Smart Fire (Uk) Limited has no subsidiary companies.

Ultimate parent company

SMART FIRE (UK) LIMITED

07943521

SMART FIRE (UK) LIMITED Shareholders

paul whitehouse 50%
jon halse 50%

smart fire (uk) limited directors

Smart Fire (Uk) Limited currently has 2 directors. The longest serving directors include Mr Paul Whitehouse (Feb 2012) and Jonathan Halse (Feb 2012).

officercountryagestartendrole
Mr Paul WhitehouseUnited Kingdom56 years Feb 2012- Director
Jonathan Halse80 years Feb 2012- Director

P&L

February 2024

turnover

261.6k

-11%

operating profit

-5.4k

0%

gross margin

40.3%

+0.11%

turnover

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

Balance Sheet

February 2024

net assets

-213k

+0.02%

total assets

159.4k

+0.34%

cash

13.3k

+2.6%

net assets

Total assets minus all liabilities

smart fire (uk) limited company details

company number

07943521

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

February 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

THE HUGHES CONSULTANCY

auditor

-

address

80 new king's rd, london, SW6 4LT

Bank

-

Legal Advisor

-

smart fire (uk) 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 smart fire (uk) limited.

smart fire (uk) 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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smart fire (uk) limited Companies House Filings - See Documents

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