frostbite refrigeration ltd
frostbite refrigeration ltd Company Information
Company Number
08718933
Website
http://frost-bite.co.ukRegistered Address
15 isherwood close fearnhead, warrington, WA2 0DJ
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Telephone
01613678700
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
andrew fowler 50%
christine fowler 50%
frostbite refrigeration ltd Estimated Valuation
Pomanda estimates the enterprise value of FROSTBITE REFRIGERATION LTD at £775.7k based on a Turnover of £1m and 0.77x industry multiple (adjusted for size and gross margin).
frostbite refrigeration ltd Estimated Valuation
Pomanda estimates the enterprise value of FROSTBITE REFRIGERATION LTD at £168.8k based on an EBITDA of £54.2k and a 3.12x industry multiple (adjusted for size and gross margin).
frostbite refrigeration ltd Estimated Valuation
Pomanda estimates the enterprise value of FROSTBITE REFRIGERATION LTD at £441.3k based on Net Assets of £221.9k and 1.99x industry multiple (adjusted for liquidity).
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Frostbite Refrigeration Ltd Overview
Frostbite Refrigeration Ltd is a live company located in warrington, WA2 0DJ with a Companies House number of 08718933. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in October 2013, it's largest shareholder is andrew fowler with a 50% stake. Frostbite Refrigeration Ltd is a established, small sized company, Pomanda has estimated its turnover at £1m with rapid growth in recent years.
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Frostbite Refrigeration Ltd Health Check
Pomanda's financial health check has awarded Frostbite Refrigeration Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £1m, make it smaller than the average company (£8.4m)
- Frostbite Refrigeration Ltd
£8.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 67%, show it is growing at a faster rate (5%)
- Frostbite Refrigeration Ltd
5% - Industry AVG
Production
with a gross margin of 46.7%, this company has a comparable cost of product (46.7%)
- Frostbite Refrigeration Ltd
46.7% - Industry AVG
Profitability
an operating margin of 4.1% make it less profitable than the average company (14.2%)
- Frostbite Refrigeration Ltd
14.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (40)
2 - Frostbite Refrigeration Ltd
40 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has an equivalent pay structure (£43.2k)
- Frostbite Refrigeration Ltd
£43.2k - Industry AVG
Efficiency
resulting in sales per employee of £501.6k, this is more efficient (£187.4k)
- Frostbite Refrigeration Ltd
£187.4k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (63 days)
- Frostbite Refrigeration Ltd
63 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Frostbite Refrigeration Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Frostbite Refrigeration Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Frostbite Refrigeration Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.1%, this is a lower level of debt than the average (64%)
20.1% - Frostbite Refrigeration Ltd
64% - Industry AVG
frostbite refrigeration ltd Credit Report and Business Information
Frostbite Refrigeration Ltd Competitor Analysis
Perform a competitor analysis for frostbite refrigeration ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
frostbite refrigeration ltd Ownership
FROSTBITE REFRIGERATION LTD group structure
Frostbite Refrigeration Ltd has no subsidiary companies.
Ultimate parent company
FROSTBITE REFRIGERATION LTD
08718933
frostbite refrigeration ltd directors
Frostbite Refrigeration Ltd currently has 2 directors. The longest serving directors include Mr Andrew Fowler (Oct 2013) and Mrs Christine Fowler (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Fowler | United Kingdom | 55 years | Oct 2013 | - | Director |
| Mrs Christine Fowler | England | 51 years | Jan 2021 | - | Director |
FROSTBITE REFRIGERATION LTD financials
Frostbite Refrigeration Ltd's latest turnover from October 2022 is estimated at £1 million and the company has net assets of £221.9 thousand. According to their latest financial statements, Frostbite Refrigeration Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 27,074 | 9,796 | 6,591 | 24,728 | 34,438 | 36,873 | 40,594 | 48,280 | 44,720 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 27,074 | 9,796 | 6,591 | 24,728 | 34,438 | 36,873 | 40,594 | 48,280 | 44,720 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 250,603 | 231,162 | 142,015 | 25,684 | 25,684 | 0 | 0 | 919 | 8,696 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 672 | 0 | 0 |
| Cash | 0 | 44,035 | 65,673 | 132,861 | 109,879 | 105,997 | 33,437 | 35,036 | 18,291 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 250,603 | 275,197 | 207,688 | 158,545 | 135,563 | 105,997 | 34,109 | 35,955 | 26,987 |
| total assets | 277,677 | 284,993 | 214,279 | 183,273 | 170,001 | 142,870 | 74,703 | 84,235 | 71,707 |
| Bank overdraft | 21,663 | 23,669 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 29,107 | 29,107 | 29,107 | 1 | 0 | 26,858 | 42,089 |
| Group/Directors Accounts | 29,618 | 24,305 | 37,778 | 34,778 | 27,033 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,510 | 47,556 | 28,468 | 4,479 | 5,385 | 53,426 | 22,427 | 0 | 0 |
| total current liabilities | 55,791 | 95,530 | 95,353 | 68,364 | 61,525 | 53,427 | 22,427 | 26,858 | 42,089 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 5,067 | 5,067 | 5,618 | 0 | 30,000 | 30,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 5,067 | 5,067 | 5,618 | 0 | 30,000 | 30,000 | 0 |
| total liabilities | 55,791 | 95,530 | 100,420 | 73,431 | 67,143 | 53,427 | 52,427 | 56,858 | 42,089 |
| net assets | 221,886 | 189,463 | 113,859 | 109,842 | 102,858 | 89,443 | 22,276 | 27,377 | 29,618 |
| total shareholders funds | 221,886 | 189,463 | 113,859 | 109,842 | 102,858 | 89,443 | 22,276 | 27,377 | 29,618 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 12,788 | 8,032 | 18,237 | 11,950 | 15,435 | 13,221 | 10,446 | 9,894 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 19,441 | 89,147 | 116,331 | 0 | 25,684 | -672 | -247 | -7,777 | 8,696 |
| Creditors | 0 | -29,107 | 0 | 0 | 29,106 | 1 | -26,858 | -15,231 | 42,089 |
| Accruals and Deferred Income | -43,046 | 19,088 | 23,989 | -906 | -48,041 | 30,999 | 22,427 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 5,313 | -13,473 | 3,000 | 7,745 | 27,033 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -5,067 | 0 | -551 | 5,618 | -30,000 | 0 | 30,000 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -44,035 | -21,638 | -67,188 | 22,982 | 3,882 | 72,560 | -1,599 | 16,745 | 18,291 |
| overdraft | -2,006 | 23,669 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -42,029 | -45,307 | -67,188 | 22,982 | 3,882 | 72,560 | -1,599 | 16,745 | 18,291 |
P&L
October 2022turnover
1m
+3%
operating profit
41.4k
0%
gross margin
46.7%
+12.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
221.9k
+0.17%
total assets
277.7k
-0.03%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
frostbite refrigeration ltd company details
company number
08718933
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
October 2013
age
11
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
15 isherwood close fearnhead, warrington, WA2 0DJ
last accounts submitted
October 2022
frostbite refrigeration 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 frostbite refrigeration ltd.
frostbite refrigeration ltd Companies House Filings - See Documents
| date | description | view/download |
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