nicole farhi limited
nicole farhi limited Company Information
Company Number
08224640
Website
www.nicolefarhi.comRegistered Address
suite 7a, no 1 the courtyard, earl road, cheadle, SK8 6GN
Industry
Retail sale of clothing in specialised stores
Telephone
02030922068
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
maxine adams 100%
nicole farhi limited Estimated Valuation
Pomanda estimates the enterprise value of NICOLE FARHI LIMITED at £58.7k based on a Turnover of £151.4k and 0.39x industry multiple (adjusted for size and gross margin).
nicole farhi limited Estimated Valuation
Pomanda estimates the enterprise value of NICOLE FARHI LIMITED at £405.5k based on an EBITDA of £112.3k and a 3.61x industry multiple (adjusted for size and gross margin).
nicole farhi limited Estimated Valuation
Pomanda estimates the enterprise value of NICOLE FARHI LIMITED at £0 based on Net Assets of £-29.2m and 2.81x industry multiple (adjusted for liquidity).
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Nicole Farhi Limited Overview
Nicole Farhi Limited is a live company located in cheadle, SK8 6GN with a Companies House number of 08224640. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in September 2012, it's largest shareholder is maxine adams with a 100% stake. Nicole Farhi Limited is a established, micro sized company, Pomanda has estimated its turnover at £151.4k with declining growth in recent years.
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Nicole Farhi Limited Health Check
Pomanda's financial health check has awarded Nicole Farhi Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £151.4k, make it smaller than the average company (£8.4m)
- Nicole Farhi Limited
£8.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -47%, show it is growing at a slower rate (2.9%)
- Nicole Farhi Limited
2.9% - Industry AVG
Production
with a gross margin of 50.9%, this company has a comparable cost of product (50.9%)
- Nicole Farhi Limited
50.9% - Industry AVG
Profitability
an operating margin of 74.2% make it more profitable than the average company (4.7%)
- Nicole Farhi Limited
4.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (57)
2 - Nicole Farhi Limited
57 - Industry AVG
Pay Structure
on an average salary of £25.2k, the company has an equivalent pay structure (£25.2k)
- Nicole Farhi Limited
£25.2k - Industry AVG
Efficiency
resulting in sales per employee of £75.7k, this is less efficient (£135k)
- Nicole Farhi Limited
£135k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (14 days)
- Nicole Farhi Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (41 days)
- Nicole Farhi Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 520 days, this is more than average (134 days)
- Nicole Farhi Limited
134 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nicole Farhi Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17719.9%, this is a higher level of debt than the average (75.6%)
17719.9% - Nicole Farhi Limited
75.6% - Industry AVG
NICOLE FARHI LIMITED financials
Nicole Farhi Limited's latest turnover from February 2023 is estimated at £151.4 thousand and the company has net assets of -£29.2 million. According to their latest financial statements, Nicole Farhi Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Jan 2018 | Feb 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,259,714 | 3,737,842 | 6,793,945 | 3,615,647 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 2,116,543 | 2,300,672 | 2,972,564 | 1,921,979 | ||||||
| Gross Profit | 1,143,171 | 1,437,170 | 3,821,381 | 1,693,668 | ||||||
| Admin Expenses | 6,924,444 | 7,515,877 | 9,494,817 | 7,635,164 | ||||||
| Operating Profit | -5,781,273 | -6,078,707 | -5,673,436 | -5,941,496 | ||||||
| Interest Payable | 30,964 | 24,517 | 20,654 | 0 | ||||||
| Interest Receivable | 0 | 0 | 781 | 0 | ||||||
| Pre-Tax Profit | -5,812,237 | -6,103,224 | -5,693,309 | -5,941,496 | ||||||
| Tax | 0 | 0 | 0 | 0 | ||||||
| Profit After Tax | -5,812,237 | -6,103,224 | -5,693,309 | -5,941,496 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | -5,812,237 | -6,103,224 | -5,693,309 | -5,941,496 | ||||||
| Employee Costs | 2,064,186 | 2,467,652 | 3,986,042 | 1,767,884 | ||||||
| Number Of Employees | 2 | 2 | 4 | 18 | 30 | 79 | 87 | 100 | 114 | |
| EBITDA* | -5,720,452 | -5,996,320 | -5,469,371 | -5,574,986 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Jan 2018 | Feb 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 17,000 | 44,995 | 753,455 | 1,047,062 | 1,699,777 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 17,000 | 44,995 | 753,455 | 1,047,062 | 1,699,777 |
| Stock & work in progress | 106,000 | 224,000 | 461,000 | 826,000 | 651,000 | 582,000 | 828,444 | 1,353,672 | 1,706,643 | 824,530 |
| Trade Debtors | 2,000 | 3,000 | 0 | 3,000 | 3,000 | 18,000 | 133,627 | 436,972 | 820,693 | 757,262 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 1,000 | 607,063 | 5,055 | 0 | 0 |
| Misc Debtors | 58,000 | 62,000 | 60,000 | 33,000 | 123,000 | 104,000 | 878,240 | 571,277 | 592,086 | 883,231 |
| Cash | 0 | 5,000 | 4,000 | 19,000 | 124,000 | 158,000 | 192,410 | 181,676 | 382,486 | 621,982 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 166,000 | 294,000 | 525,000 | 881,000 | 901,000 | 863,000 | 2,639,784 | 2,548,652 | 3,501,908 | 3,087,005 |
| total assets | 166,000 | 294,000 | 525,000 | 881,000 | 901,000 | 880,000 | 2,684,779 | 3,302,107 | 4,548,970 | 4,786,782 |
| Bank overdraft | 239,000 | 355,000 | 336,000 | 1,047,000 | 1,300,000 | 1,139,000 | 899,198 | 666,443 | 320,307 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,000 | 57,000 | 36,000 | 6,000 | 159,000 | 329,000 | 220,458 | 285,825 | 216,170 | 610,915 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,779,121 | 0 | 9,590,508 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,578,000 | 2,620,000 | 2,602,000 | 2,163,000 | 967,000 | 341,000 | 587,888 | 308,746 | 15,647,297 | 526,854 |
| total current liabilities | 2,837,000 | 3,032,000 | 2,974,000 | 3,216,000 | 2,426,000 | 1,809,000 | 1,707,544 | 21,040,135 | 16,183,774 | 10,728,277 |
| loans | 0 | 0 | 0 | 0 | 26,577,000 | 26,582,000 | 24,527,500 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 26,578,000 | 26,578,000 | 26,577,000 | 26,577,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 26,578,000 | 26,578,000 | 26,577,000 | 26,577,000 | 26,577,000 | 26,582,000 | 24,527,500 | 0 | 0 | 0 |
| total liabilities | 29,415,000 | 29,610,000 | 29,551,000 | 29,793,000 | 29,003,000 | 28,391,000 | 26,235,044 | 21,040,135 | 16,183,774 | 10,728,277 |
| net assets | -29,249,000 | -29,316,000 | -29,026,000 | -28,912,000 | -28,102,000 | -27,511,000 | -23,550,265 | -17,738,028 | -11,634,804 | -5,941,495 |
| total shareholders funds | -29,249,000 | -29,316,000 | -29,026,000 | -28,912,000 | -28,102,000 | -27,511,000 | -23,550,265 | -17,738,028 | -11,634,804 | -5,941,495 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Jan 2018 | Feb 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -5,781,273 | -6,078,707 | -5,673,436 | -5,941,496 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 17,000 | 60,821 | 82,387 | 204,065 | 58,338 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 308,172 | |
| Tax | 0 | 0 | 0 | 0 | ||||||
| Stock | -118,000 | -237,000 | -365,000 | 175,000 | 69,000 | -246,444 | -525,228 | -352,971 | 882,113 | 824,530 |
| Debtors | -5,000 | 5,000 | 24,000 | -90,000 | 3,000 | -1,495,930 | 605,626 | -399,475 | -227,714 | 1,640,493 |
| Creditors | -37,000 | 21,000 | 30,000 | -153,000 | -170,000 | 108,542 | -65,367 | 69,655 | -394,745 | 610,915 |
| Accruals and Deferred Income | -42,000 | 18,000 | 439,000 | 1,196,000 | 626,000 | -246,888 | 279,142 | -15,338,551 | 15,120,443 | 526,854 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -5,587,075 | -20,512,770 | 8,601,928 | -6,902,240 | ||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | -8,750 | -55,028 | -5,567,673 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -8,750 | -55,028 | -5,567,673 | ||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -19,779,121 | 19,779,121 | -9,590,508 | 9,590,508 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -26,577,000 | -5,000 | 2,054,500 | 24,527,500 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 1,000 | 0 | 26,577,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -30,964 | -24,517 | -19,873 | 0 | ||||||
| cash flow from financing | 4,717,415 | 19,754,604 | -9,610,381 | 9,590,509 | ||||||
| cash and cash equivalents | ||||||||||
| cash | -5,000 | 1,000 | -15,000 | -105,000 | -34,000 | -34,410 | 10,734 | -200,810 | -239,496 | 621,982 |
| overdraft | -116,000 | 19,000 | -711,000 | -253,000 | 161,000 | 239,802 | 232,755 | 346,136 | 320,307 | 0 |
| change in cash | 111,000 | -18,000 | 696,000 | 148,000 | -195,000 | -274,212 | -222,021 | -546,946 | -559,803 | 621,982 |
nicole farhi limited Credit Report and Business Information
Nicole Farhi Limited Competitor Analysis
Perform a competitor analysis for nicole farhi limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
nicole farhi limited Ownership
NICOLE FARHI LIMITED group structure
Nicole Farhi Limited has no subsidiary companies.
Ultimate parent company
NICOLE FARHI LIMITED
08224640
nicole farhi limited directors
Nicole Farhi Limited currently has 3 directors. The longest serving directors include Mrs Debra Dooley (Sep 2012) and Mrs Debra Dooley (Sep 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Debra Dooley | 53 years | Sep 2012 | - | Director | |
| Mrs Debra Dooley | 53 years | Sep 2012 | - | Director | |
| Ms Maxine Adams | England | 60 years | Oct 2013 | - | Director |
P&L
February 2023turnover
151.4k
-25%
operating profit
112.3k
0%
gross margin
50.9%
+7.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-29.2m
0%
total assets
166k
-0.44%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
nicole farhi limited company details
company number
08224640
Type
Private limited with Share Capital
industry
47710 - Retail sale of clothing in specialised stores
incorporation date
September 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
broomco (4258) limited (August 2013)
incorporated
UK
address
suite 7a, no 1 the courtyard, earl road, cheadle, SK8 6GN
last accounts submitted
February 2023
nicole farhi 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 found 4 charges/mortgages relating to nicole farhi limited. Currently there are 3 open charges and 1 have been satisfied in the past.
nicole farhi limited Companies House Filings - See Documents
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