fbt europe limited

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fbt europe limited Company Information

Share FBT EUROPE LIMITED

Company Number

08520262

Shareholders

romiro group limited

sir rodney myerscough walker

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Group Structure

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Industry

Wholesale of clothing and footwear

 

Registered Address

55 main street, south hiendley, barnsley, S72 9BS

fbt europe limited Estimated Valuation

£546.5k

Pomanda estimates the enterprise value of FBT EUROPE LIMITED at £546.5k based on a Turnover of £1.6m and 0.35x industry multiple (adjusted for size and gross margin).

fbt europe limited Estimated Valuation

£115.5k

Pomanda estimates the enterprise value of FBT EUROPE LIMITED at £115.5k based on an EBITDA of £35.4k and a 3.26x industry multiple (adjusted for size and gross margin).

fbt europe limited Estimated Valuation

£585.1k

Pomanda estimates the enterprise value of FBT EUROPE LIMITED at £585.1k based on Net Assets of £286.4k and 2.04x industry multiple (adjusted for liquidity).

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Fbt Europe Limited Overview

Fbt Europe Limited is a live company located in barnsley, S72 9BS with a Companies House number of 08520262. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in May 2013, it's largest shareholder is romiro group limited with a 51% stake. Fbt Europe Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.

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Fbt Europe Limited Health Check

Pomanda's financial health check has awarded Fbt Europe 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.6m, make it smaller than the average company (£16m)

£1.6m - Fbt Europe Limited

£16m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (8.2%)

-24% - Fbt Europe Limited

8.2% - Industry AVG

production

Production

with a gross margin of 21.6%, this company has a higher cost of product (31.6%)

21.6% - Fbt Europe Limited

31.6% - Industry AVG

profitability

Profitability

an operating margin of 2.3% make it less profitable than the average company (4%)

2.3% - Fbt Europe Limited

4% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (48)

3 - Fbt Europe Limited

48 - Industry AVG

paystructure

Pay Structure

on an average salary of £39k, the company has an equivalent pay structure (£39k)

£39k - Fbt Europe Limited

£39k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £521.3k, this is more efficient (£307.4k)

£521.3k - Fbt Europe Limited

£307.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 115 days, this is later than average (39 days)

115 days - Fbt Europe Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 62 days, this is slower than average (31 days)

62 days - Fbt Europe Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fbt Europe Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Fbt Europe Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 42.5%, this is a lower level of debt than the average (54%)

42.5% - Fbt Europe Limited

54% - Industry AVG

FBT EUROPE LIMITED financials

EXPORTms excel logo

Fbt Europe Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £286.4 thousand. According to their latest financial statements, Fbt Europe Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Apr 2014
Turnover1,563,9632,434,682391,5073,613,0072,112,0392,087,7322,065,0901,474,420334,309366,001328,688
Other Income Or Grants
Cost Of Sales1,225,4791,921,853309,1202,887,7701,686,8391,671,1331,672,3881,196,757267,395290,698258,692
Gross Profit338,485512,83082,387725,236425,200416,599392,701277,66366,91475,30269,995
Admin Expenses303,037326,883214,673553,349396,199179,595508,521-62,932137,097137,041201,346
Operating Profit35,448185,947-132,286171,88729,001237,004-115,820340,595-70,183-61,739-131,351
Interest Payable4,8343,183
Interest Receivable457818872316
Pre-Tax Profit35,448181,570-135,388171,89529,009237,004-115,820340,595-70,176-61,716-131,335
Tax-8,862-34,498-32,660-5,512-45,031-68,119
Profit After Tax26,586147,072-135,388139,23523,497191,973-115,820272,476-70,176-61,716-131,335
Dividends Paid
Retained Profit26,586147,072-135,388139,23523,497191,973-115,820272,476-70,176-61,716-131,335
Employee Costs116,967112,058107,162106,081105,778105,991129,001126,22130,63530,49629,326
Number Of Employees33333344111
EBITDA*35,448185,947-132,286171,88729,001237,004-114,069340,595-68,785-60,431-130,039

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Apr 2014
Tangible Assets2,4002,4002,4002,4205,9937,7447,9223,9205,228
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,4002,4002,4002,4205,9937,7447,9223,9205,228
Stock & work in progress298,833313,833320,000359,549610,283146,087146,087144,127
Trade Debtors495,851832,614105,3141,275,208792,460748,904509,935243,57619,99620,58627,282
Group Debtors
Misc Debtors355,781
Cash21,52016,0072,8696,220
misc current assets
total current assets495,851832,614781,4481,275,2081,122,3001,068,904869,484853,859166,083169,542177,629
total assets498,251835,014783,8481,277,6281,122,3001,068,904875,477861,603174,005173,462182,857
Bank overdraft94,313
Bank loan
Trade Creditors 209,847525,19642,230701,304640,458688,577609,105599,360182,020200,701148,380
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities414,609
total current liabilities209,847525,196551,152701,304640,458688,577609,105599,360182,020200,701148,380
loans
hp & lease commitments
Accruals and Deferred Income2,00050,000
other liabilities328,190252,993174,975252,993252,994135,26245,86245,862
provisions
total long term liabilities2,00050,000328,190252,993174,975252,993252,994135,26245,86245,862
total liabilities211,847575,196551,1521,029,494893,451863,552862,098852,354317,282246,563194,242
net assets286,404259,818232,696248,134228,849205,35213,3799,249-143,277-73,101-11,385
total shareholders funds286,404259,818232,696248,134228,849205,35213,3799,249-143,277-73,101-11,385
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Apr 2014
Operating Activities
Operating Profit35,448185,947-132,286171,88729,001237,004-115,820340,595-70,183-61,739-131,351
Depreciation1,7511,3981,3081,312
Amortisation
Tax-8,862-34,498-32,660-5,512-45,031-68,119
Stock-298,833298,833-313,833-6,167-39,549-250,734464,1961,960144,127
Debtors-336,763371,519-814,113482,74843,556238,969266,359223,580-590-6,69627,282
Creditors-315,349482,966-659,07460,846-48,11979,4729,745417,340-18,68152,321148,380
Accruals and Deferred Income-48,000-364,609414,609
Deferred Taxes & Provisions
Cash flow from operations197,120138,52931,158-62,01972,025-119,9492,040-86,876-3,374-153,068
Investing Activities
capital expenditure20-2,4205,993178-5,400-6,540
Change in Investments
cash flow from investments20-2,4205,993178-5,400-6,540
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-328,19075,19778,018-78,018-1117,73289,40045,862
share issue-119,950119,950-119,950119,950-119,950119,950
interest-4,377-3,1028872316
cash flow from financing-124,327-211,342-44,74578,026-78,018119,949-2,21889,40723165,828
cash and cash equivalents
cash-21,52021,520-16,00716,007-2,869-3,3516,220
overdraft-94,31394,313
change in cash72,793-72,793-16,00716,007-2,869-3,3516,220

fbt europe 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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Fbt Europe Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fbt europe limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in S72 area or any other competitors across 12 key performance metrics.

fbt europe limited Ownership

FBT EUROPE LIMITED group structure

Fbt Europe Limited has no subsidiary companies.

Ultimate parent company

1 parent

FBT EUROPE LIMITED

08520262

FBT EUROPE LIMITED Shareholders

romiro group limited 51%
sir rodney myerscough walker 34.98%
joseph michael hegarty 9.12%
football thai factory sporting goods co ltd 4.9%

fbt europe limited directors

Fbt Europe Limited currently has 3 directors. The longest serving directors include Mr Joseph Hegarty (May 2013) and Mr Joseph Hegarty (May 2013).

officercountryagestartendrole
Mr Joseph Hegarty74 years May 2013- Director
Mr Joseph HegartyUnited Kingdom75 years May 2013- Director
Sir Rodney Walker82 years May 2013- Director

P&L

March 2024

turnover

1.6m

-36%

operating profit

35.4k

0%

gross margin

21.7%

+2.75%

turnover

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

Balance Sheet

March 2024

net assets

286.4k

+0.1%

total assets

498.3k

-0.4%

cash

0

0%

net assets

Total assets minus all liabilities

fbt europe limited company details

company number

08520262

Type

Private limited with Share Capital

industry

46420 - Wholesale of clothing and footwear

incorporation date

May 2013

age

12

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

AAC CHARTERED ACCOUNTANTS

auditor

-

address

55 main street, south hiendley, barnsley, S72 9BS

Bank

-

Legal Advisor

-

fbt europe 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 fbt europe limited. Currently there are 3 open charges and 1 have been satisfied in the past.

fbt europe 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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fbt europe limited Companies House Filings - See Documents

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