fx squared limited
fx squared limited Company Information
Company Number
07944748
Website
www.fxsquared.comRegistered Address
14 st. catherines road, ruislip, middlesex, HA4 7RU
Industry
Financial management
Telephone
02033192522
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
manish patel 65%
mark springate 35%
fx squared limited Estimated Valuation
Pomanda estimates the enterprise value of FX SQUARED LIMITED at £195.9k based on a Turnover of £299k and 0.66x industry multiple (adjusted for size and gross margin).
fx squared limited Estimated Valuation
Pomanda estimates the enterprise value of FX SQUARED LIMITED at £0 based on an EBITDA of £-1.4k and a 4.96x industry multiple (adjusted for size and gross margin).
fx squared limited Estimated Valuation
Pomanda estimates the enterprise value of FX SQUARED LIMITED at £753.9k based on Net Assets of £187.8k and 4.01x industry multiple (adjusted for liquidity).
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Fx Squared Limited Overview
Fx Squared Limited is a live company located in middlesex, HA4 7RU with a Companies House number of 07944748. It operates in the financial management sector, SIC Code 70221. Founded in February 2012, it's largest shareholder is manish patel with a 65% stake. Fx Squared Limited is a established, micro sized company, Pomanda has estimated its turnover at £299k with healthy growth in recent years.
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Fx Squared Limited Health Check
Pomanda's financial health check has awarded Fx Squared Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £299k, make it smaller than the average company (£659.4k)
- Fx Squared Limited
£659.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8.5%)
- Fx Squared Limited
8.5% - Industry AVG
Production
with a gross margin of 36.2%, this company has a higher cost of product (80.9%)
- Fx Squared Limited
80.9% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (10.2%)
- Fx Squared Limited
10.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Fx Squared Limited
4 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Fx Squared Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £99.7k, this is less efficient (£136.1k)
- Fx Squared Limited
£136.1k - Industry AVG
Debtor Days
it gets paid by customers after 257 days, this is later than average (75 days)
- Fx Squared Limited
75 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (43 days)
- Fx Squared Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fx Squared Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fx Squared Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.3%, this is a lower level of debt than the average (47.8%)
12.3% - Fx Squared Limited
47.8% - Industry AVG
FX SQUARED LIMITED financials
Fx Squared Limited's latest turnover from March 2023 is estimated at £299 thousand and the company has net assets of £187.8 thousand. According to their latest financial statements, Fx Squared Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 231,412 | ||||||||||
| Other Income Or Grants | 0 | ||||||||||
| Cost Of Sales | 0 | ||||||||||
| Gross Profit | 231,412 | ||||||||||
| Admin Expenses | 87,039 | ||||||||||
| Operating Profit | 144,373 | ||||||||||
| Interest Payable | 0 | ||||||||||
| Interest Receivable | 0 | ||||||||||
| Pre-Tax Profit | 114,678 | ||||||||||
| Tax | -58,000 | ||||||||||
| Profit After Tax | 56,678 | ||||||||||
| Dividends Paid | 58,000 | ||||||||||
| Retained Profit | -1,322 | ||||||||||
| Employee Costs | 14,976 | ||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | |||
| EBITDA* | 145,006 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,085 | 879 | 1,173 | 1,158 | 1,544 | 1,270 | 1,312 | 18,714 | 14,177 | 1,554 | 2,284 |
| Intangible Assets | 0 | 0 | 0 | 3,000 | 6,000 | 9,000 | 12,000 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,085 | 879 | 1,173 | 4,158 | 7,544 | 10,270 | 13,312 | 18,714 | 14,177 | 1,554 | 2,284 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 211,024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,018 | 21,395 | 10,579 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 170,500 | 175,000 | 175,000 | 192,822 | 192,852 | 197,098 | 75,000 | 0 | 0 | 0 |
| Cash | 0 | 34,589 | 10,240 | 7,279 | 6,285 | 28,581 | 89,285 | 168,710 | 221,347 | 120,996 | 74,049 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 158 |
| total current assets | 211,024 | 205,089 | 185,240 | 182,279 | 199,107 | 221,433 | 286,383 | 243,710 | 222,365 | 142,391 | 84,786 |
| total assets | 214,109 | 205,968 | 186,413 | 186,437 | 206,651 | 231,703 | 299,695 | 262,424 | 236,542 | 143,945 | 87,070 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 22,651 | 2,061 | 0 | 0 | 0 | 0 | 0 | 0 | 36,660 | 31,952 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 15,360 | 10,452 | 10,035 | 16,313 | 8,860 | 32,378 | 29,623 | 0 | 0 | 30,292 |
| total current liabilities | 22,651 | 17,421 | 10,452 | 10,035 | 16,313 | 8,860 | 32,378 | 29,623 | 36,660 | 31,952 | 30,292 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 3,636 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,636 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 26,287 | 17,421 | 10,452 | 10,035 | 16,313 | 8,860 | 32,378 | 29,623 | 36,660 | 31,952 | 30,292 |
| net assets | 187,822 | 188,547 | 175,961 | 176,402 | 190,338 | 222,843 | 267,317 | 232,801 | 199,882 | 111,993 | 56,778 |
| total shareholders funds | 187,822 | 188,547 | 175,961 | 176,402 | 190,338 | 222,843 | 267,317 | 232,801 | 199,882 | 111,993 | 56,778 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 144,373 | ||||||||||
| Depreciation | 294 | 294 | 386 | 624 | 423 | 436 | 4,981 | 764 | 730 | 633 | |
| Amortisation | 0 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 0 | 0 | 0 | 0 | |
| Tax | -58,000 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 40,524 | -4,500 | 0 | -17,822 | -30 | -4,246 | 122,098 | 73,982 | -20,377 | 10,816 | 10,579 |
| Creditors | 20,590 | 2,061 | 0 | 0 | 0 | 0 | 0 | -36,660 | 4,708 | 31,952 | 0 |
| Accruals and Deferred Income | -15,360 | 4,908 | 417 | -6,278 | 7,453 | -23,518 | 2,755 | 29,623 | 0 | -30,292 | 30,292 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 106,719 | ||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 3,636 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | ||||||||||
| cash flow from financing | 58,100 | ||||||||||
| cash and cash equivalents | |||||||||||
| cash | -34,589 | 24,349 | 2,961 | 994 | -22,296 | -60,704 | -79,425 | -52,637 | 100,351 | 46,947 | 74,049 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -34,589 | 24,349 | 2,961 | 994 | -22,296 | -60,704 | -79,425 | -52,637 | 100,351 | 46,947 | 74,049 |
fx squared limited Credit Report and Business Information
Fx Squared Limited Competitor Analysis
Perform a competitor analysis for fx squared limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA4 area or any other competitors across 12 key performance metrics.
fx squared limited Ownership
FX SQUARED LIMITED group structure
Fx Squared Limited has no subsidiary companies.
Ultimate parent company
FX SQUARED LIMITED
07944748
fx squared limited directors
Fx Squared Limited currently has 2 directors. The longest serving directors include Mr Manish Patel (Feb 2012) and Mr Mark Springate (Feb 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Manish Patel | England | 41 years | Feb 2012 | - | Director |
| Mr Mark Springate | England | 35 years | Feb 2012 | - | Director |
P&L
March 2023turnover
299k
+99%
operating profit
-1.4k
0%
gross margin
36.2%
-0.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
187.8k
0%
total assets
214.1k
+0.04%
cash
0
-1%
net assets
Total assets minus all liabilities
fx squared limited company details
company number
07944748
Type
Private limited with Share Capital
industry
70221 - Financial management
incorporation date
February 2012
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
14 st. catherines road, ruislip, middlesex, HA4 7RU
Bank
-
Legal Advisor
-
fx squared 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 fx squared limited.
fx squared limited Companies House Filings - See Documents
| date | description | view/download |
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