floorworld north west ltd
floorworld north west ltd Company Information
Company Number
08565698
Website
-Registered Address
60 main road, bolton le sands, carnforth, LA5 8DN
Industry
Other retail sale of food in specialised stores
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
david furey 50%
kevin mcguinness 50%
floorworld north west ltd Estimated Valuation
Pomanda estimates the enterprise value of FLOORWORLD NORTH WEST LTD at £44.3k based on a Turnover of £178.3k and 0.25x industry multiple (adjusted for size and gross margin).
floorworld north west ltd Estimated Valuation
Pomanda estimates the enterprise value of FLOORWORLD NORTH WEST LTD at £70.6k based on an EBITDA of £23k and a 3.07x industry multiple (adjusted for size and gross margin).
floorworld north west ltd Estimated Valuation
Pomanda estimates the enterprise value of FLOORWORLD NORTH WEST LTD at £138.3k based on Net Assets of £53.7k and 2.57x industry multiple (adjusted for liquidity).
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Floorworld North West Ltd Overview
Floorworld North West Ltd is a live company located in carnforth, LA5 8DN with a Companies House number of 08565698. It operates in the other retail sale of food in specialised stores sector, SIC Code 47290. Founded in June 2013, it's largest shareholder is david furey with a 50% stake. Floorworld North West Ltd is a established, micro sized company, Pomanda has estimated its turnover at £178.3k with rapid growth in recent years.
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Floorworld North West Ltd Health Check
Pomanda's financial health check has awarded Floorworld North West Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £178.3k, make it smaller than the average company (£435.7k)
- Floorworld North West Ltd
£435.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 226%, show it is growing at a faster rate (6.6%)
- Floorworld North West Ltd
6.6% - Industry AVG
Production
with a gross margin of 24.6%, this company has a higher cost of product (37.6%)
- Floorworld North West Ltd
37.6% - Industry AVG
Profitability
an operating margin of 12.9% make it more profitable than the average company (3.2%)
- Floorworld North West Ltd
3.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Floorworld North West Ltd
12 - Industry AVG
Pay Structure
on an average salary of £15.6k, the company has an equivalent pay structure (£15.6k)
- Floorworld North West Ltd
£15.6k - Industry AVG
Efficiency
resulting in sales per employee of £89.2k, this is more efficient (£74k)
- Floorworld North West Ltd
£74k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (23 days)
- Floorworld North West Ltd
23 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (35 days)
- Floorworld North West Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Floorworld North West Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Floorworld North West Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.4%, this is a lower level of debt than the average (79.4%)
9.4% - Floorworld North West Ltd
79.4% - Industry AVG
FLOORWORLD NORTH WEST LTD financials
Floorworld North West Ltd's latest turnover from June 2023 is estimated at £178.3 thousand and the company has net assets of £53.7 thousand. According to their latest financial statements, Floorworld North West Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,901 | 5,162 | ||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | 0 | 0 | ||||||||
| Interest Receivable | 0 | 0 | ||||||||
| Pre-Tax Profit | 1,488 | -100 | ||||||||
| Tax | -283 | 0 | ||||||||
| Profit After Tax | 1,205 | -100 | ||||||||
| Dividends Paid | 0 | 0 | ||||||||
| Retained Profit | 1,205 | -100 | ||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 2 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 59,301 | 43,955 | 9,564 | 8,070 | 100 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 59,301 | 43,955 | 9,564 | 8,070 | 100 | 0 | 0 | 0 | 0 | 0 |
| total assets | 59,301 | 43,955 | 9,564 | 8,070 | 100 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,187 | 6,752 | 283 | 7,710 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 5,187 | 6,752 | 283 | 7,710 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 396 | 708 | 365 | 360 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 396 | 708 | 365 | 360 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,583 | 7,460 | 648 | 8,070 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 53,718 | 36,495 | 8,916 | 0 | 100 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 53,718 | 36,495 | 8,916 | 0 | 100 | 0 | 0 | 0 | 0 | 0 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | -283 | 0 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 15,346 | 34,391 | 1,494 | 7,970 | 100 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -1,565 | 6,469 | -7,427 | 7,710 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -312 | 343 | 5 | 360 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | ||||||||
| cash flow from financing | 7,711 | 0 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
floorworld north west ltd Credit Report and Business Information
Floorworld North West Ltd Competitor Analysis
Perform a competitor analysis for floorworld north west ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in LA5 area or any other competitors across 12 key performance metrics.
floorworld north west ltd Ownership
FLOORWORLD NORTH WEST LTD group structure
Floorworld North West Ltd has no subsidiary companies.
Ultimate parent company
FLOORWORLD NORTH WEST LTD
08565698
floorworld north west ltd directors
Floorworld North West Ltd currently has 2 directors. The longest serving directors include Mr David Furey (Jun 2013) and Mr Kevin McGuinness (Jun 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Furey | 59 years | Jun 2013 | - | Director | |
| Mr Kevin McGuinness | 59 years | Jun 2013 | - | Director |
P&L
June 2023turnover
178.3k
+44%
operating profit
23k
0%
gross margin
24.7%
+19.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
53.7k
+0.47%
total assets
59.3k
+0.35%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
floorworld north west ltd company details
company number
08565698
Type
Private limited with Share Capital
industry
47290 - Other retail sale of food in specialised stores
incorporation date
June 2013
age
11
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
pro-salt company ltd (December 2019)
last accounts submitted
June 2023
address
60 main road, bolton le sands, carnforth, LA5 8DN
accountant
BCS ACCOUNTANTS & TAX CONSULTANTS
auditor
-
floorworld north west 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 did not find charges/mortgages relating to floorworld north west ltd.
floorworld north west ltd Companies House Filings - See Documents
| date | description | view/download |
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