famous trimmings ltd
famous trimmings ltd Company Information
Company Number
07943875
Website
www.famous-trimmings.co.ukRegistered Address
gable house, 239 regents park road, london, N3 3LF
Industry
Manufacture of other wearing apparel and accessories
Telephone
02072816526
Next Accounts Due
October 2024
Group Structure
View All
Directors
Geoffrey Solomon12 Years
Shareholders
geoffrey solomon 80%
monique solomon 20%
famous trimmings ltd Estimated Valuation
Pomanda estimates the enterprise value of FAMOUS TRIMMINGS LTD at £1m based on a Turnover of £1.6m and 0.64x industry multiple (adjusted for size and gross margin).
famous trimmings ltd Estimated Valuation
Pomanda estimates the enterprise value of FAMOUS TRIMMINGS LTD at £0 based on an EBITDA of £-20.5k and a 5.48x industry multiple (adjusted for size and gross margin).
famous trimmings ltd Estimated Valuation
Pomanda estimates the enterprise value of FAMOUS TRIMMINGS LTD at £807.5k based on Net Assets of £195.5k and 4.13x industry multiple (adjusted for liquidity).
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Famous Trimmings Ltd Overview
Famous Trimmings Ltd is a dissolved company that was located in london, N3 3LF with a Companies House number of 07943875. It operated in the manufacture of other wearing apparel and accessories n.e.c. sector, SIC Code 14190. Founded in February 2012, it's largest shareholder was geoffrey solomon with a 80% stake. The last turnover for Famous Trimmings Ltd was estimated at £1.6m.
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Famous Trimmings Ltd Health Check
Pomanda's financial health check has awarded Famous Trimmings Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
6 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£5.3m)
- Famous Trimmings Ltd
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (0.7%)
- Famous Trimmings Ltd
0.7% - Industry AVG
Production
with a gross margin of 32.6%, this company has a comparable cost of product (32.6%)
- Famous Trimmings Ltd
32.6% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (3.8%)
- Famous Trimmings Ltd
3.8% - Industry AVG
Employees
with 8 employees, this is below the industry average (38)
8 - Famous Trimmings Ltd
38 - Industry AVG
Pay Structure
on an average salary of £31.3k, the company has an equivalent pay structure (£31.3k)
- Famous Trimmings Ltd
£31.3k - Industry AVG
Efficiency
resulting in sales per employee of £203.4k, this is equally as efficient (£192.6k)
- Famous Trimmings Ltd
£192.6k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (39 days)
- Famous Trimmings Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is close to average (38 days)
- Famous Trimmings Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (82 days)
- Famous Trimmings Ltd
82 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (11 weeks)
5 weeks - Famous Trimmings Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.9%, this is a similar level of debt than the average (62.7%)
56.9% - Famous Trimmings Ltd
62.7% - Industry AVG
FAMOUS TRIMMINGS LTD financials
Famous Trimmings Ltd's latest turnover from February 2018 is estimated at £1.6 million and the company has net assets of £195.5 thousand. According to their latest financial statements, Famous Trimmings Ltd has 8 employees and maintains cash reserves of £26.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 8 | 8 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1 | 645 | 3,993 | 6,904 | 7,389 | 4,710 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1 | 645 | 3,993 | 6,904 | 7,389 | 4,710 |
| Stock & work in progress | 12,500 | 12,728 | 30,004 | 9,000 | 9,000 | 8,000 |
| Trade Debtors | 350,709 | 348,223 | 458,008 | 424,946 | 389,203 | 157,172 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 63,955 | 69,681 | 61,502 | 0 | 0 | 0 |
| Cash | 26,131 | 15,474 | 37,188 | 29,621 | 26,584 | 45,776 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 453,295 | 446,106 | 586,702 | 463,567 | 424,787 | 210,948 |
| total assets | 453,296 | 446,751 | 590,695 | 470,471 | 432,176 | 215,658 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 105,726 | 48,529 | 104,796 | 300,965 | 316,139 | 160,426 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 152,103 | 181,677 | 284,309 | 0 | 0 | 0 |
| total current liabilities | 257,829 | 230,206 | 389,105 | 300,965 | 316,139 | 160,426 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 257,829 | 230,206 | 389,105 | 300,965 | 316,139 | 160,426 |
| net assets | 195,467 | 216,545 | 201,590 | 169,506 | 116,037 | 55,232 |
| total shareholders funds | 195,467 | 216,545 | 201,590 | 169,506 | 116,037 | 55,232 |
| Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 644 | 6,417 | 4,263 | 3,874 | 4,235 | 1,961 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -228 | -17,276 | 21,004 | 0 | 1,000 | 8,000 |
| Debtors | -3,240 | -101,606 | 94,564 | 35,743 | 232,031 | 157,172 |
| Creditors | 57,197 | -56,267 | -196,169 | -15,174 | 155,713 | 160,426 |
| Accruals and Deferred Income | -29,574 | -102,632 | 284,309 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 10,657 | -21,714 | 7,567 | 3,037 | -19,192 | 45,776 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 10,657 | -21,714 | 7,567 | 3,037 | -19,192 | 45,776 |
famous trimmings ltd Credit Report and Business Information
Famous Trimmings Ltd Competitor Analysis
Perform a competitor analysis for famous trimmings ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in N 3 area or any other competitors across 12 key performance metrics.
famous trimmings ltd Ownership
FAMOUS TRIMMINGS LTD group structure
Famous Trimmings Ltd has no subsidiary companies.
Ultimate parent company
FAMOUS TRIMMINGS LTD
07943875
famous trimmings ltd directors
Famous Trimmings Ltd currently has 1 director, Mr Geoffrey Solomon serving since Feb 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Geoffrey Solomon | 81 years | Feb 2012 | - | Director |
P&L
February 2018turnover
1.6m
+30%
operating profit
-21.2k
0%
gross margin
32.6%
+2.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2018net assets
195.5k
-0.1%
total assets
453.3k
+0.01%
cash
26.1k
+0.69%
net assets
Total assets minus all liabilities
famous trimmings ltd company details
company number
07943875
Type
Private limited with Share Capital
industry
14190 - Manufacture of other wearing apparel and accessories
incorporation date
February 2012
age
12
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
February 2018
address
gable house, 239 regents park road, london, N3 3LF
accountant
-
auditor
-
famous trimmings 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 found 1 charges/mortgages relating to famous trimmings ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
famous trimmings ltd Companies House Filings - See Documents
| date | description | view/download |
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