fung (uk) limited Company Information
Company Number
08821355
Next Accounts
Dec 2024
Industry
Licensed restaurants
Directors
Shareholders
hing chow fung
Group Structure
View All
Contact
Registered Address
4th floor imperial house, 8 kean street, london, WC2B 4AS
Website
-fung (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of FUNG (UK) LIMITED at £126.6k based on a Turnover of £212.8k and 0.59x industry multiple (adjusted for size and gross margin).
fung (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of FUNG (UK) LIMITED at £0 based on an EBITDA of £-6.2k and a 3.94x industry multiple (adjusted for size and gross margin).
fung (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of FUNG (UK) LIMITED at £0 based on Net Assets of £-2.2k and 2.67x industry multiple (adjusted for liquidity).
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Fung (uk) Limited Overview
Fung (uk) Limited is a dissolved company that was located in london, WC2B 4AS with a Companies House number of 08821355. It operated in the licenced restaurants sector, SIC Code 56101. Founded in December 2013, it's largest shareholder was hing chow fung with a 100% stake. The last turnover for Fung (uk) Limited was estimated at £212.8k.
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Fung (uk) Limited Health Check
Pomanda's financial health check has awarded Fung (Uk) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £212.8k, make it smaller than the average company (£1.2m)
- Fung (uk) Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 126%, show it is growing at a faster rate (4%)
- Fung (uk) Limited
4% - Industry AVG
Production
with a gross margin of 37%, this company has a higher cost of product (60.6%)
- Fung (uk) Limited
60.6% - Industry AVG
Profitability
an operating margin of -2.9% make it less profitable than the average company (2.3%)
- Fung (uk) Limited
2.3% - Industry AVG
Employees
with 7 employees, this is below the industry average (75)
7 - Fung (uk) Limited
75 - Industry AVG
Pay Structure
on an average salary of £17.8k, the company has an equivalent pay structure (£17.8k)
- Fung (uk) Limited
£17.8k - Industry AVG
Efficiency
resulting in sales per employee of £30.4k, this is less efficient (£46.7k)
- Fung (uk) Limited
£46.7k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is later than average (6 days)
- Fung (uk) Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is close to average (48 days)
- Fung (uk) Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fung (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fung (uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.1%, this is a higher level of debt than the average (88.6%)
115.1% - Fung (uk) Limited
88.6% - Industry AVG
FUNG (UK) LIMITED financials
Fung (Uk) Limited's latest turnover from March 2019 is estimated at £212.8 thousand and the company has net assets of -£2.2 thousand. According to their latest financial statements, Fung (Uk) Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 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 | 7 | 7 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2014 | |
---|---|---|---|---|---|---|
Tangible Assets | 1,898 | 2,531 | 3,375 | 4,500 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,898 | 2,531 | 3,375 | 4,500 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 2,860 | 0 | 0 |
Trade Debtors | 12,449 | 18,185 | 12,550 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 8,232 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 12,449 | 18,185 | 12,550 | 11,092 | 0 | 0 |
total assets | 14,347 | 20,716 | 15,925 | 15,592 | 0 | 0 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 16,518 | 16,682 | 13,855 | 13,276 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 16,518 | 16,682 | 13,855 | 13,276 | 0 | 0 |
loans | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 16,518 | 16,682 | 13,855 | 13,276 | 0 | 0 |
net assets | -2,171 | 4,034 | 2,070 | 2,316 | 0 | 0 |
total shareholders funds | -2,171 | 4,034 | 2,070 | 2,316 | 0 | 0 |
Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2014 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | 1,500 | |||||
Amortisation | 0 | |||||
Tax | ||||||
Stock | 0 | 0 | -2,860 | 2,860 | 0 | 0 |
Debtors | -5,736 | 5,635 | 12,550 | 0 | 0 | 0 |
Creditors | -164 | 2,827 | 579 | 13,276 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | 0 | 0 | -8,232 | 8,232 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | -8,232 | 8,232 | 0 | 0 |
fung (uk) limited Credit Report and Business Information
Fung (uk) Limited Competitor Analysis
Perform a competitor analysis for fung (uk) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in WC2B area or any other competitors across 12 key performance metrics.
fung (uk) limited Ownership
FUNG (UK) LIMITED group structure
Fung (Uk) Limited has no subsidiary companies.
Ultimate parent company
FUNG (UK) LIMITED
08821355
fung (uk) limited directors
Fung (Uk) Limited currently has 1 director, Mr Hing Fung serving since Dec 2013.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Hing Fung | 65 years | Dec 2013 | - | Director |
P&L
March 2019turnover
212.8k
-16%
operating profit
-6.2k
0%
gross margin
37%
-5.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-2.2k
-1.54%
total assets
14.3k
-0.31%
cash
0
0%
net assets
Total assets minus all liabilities
fung (uk) limited company details
company number
08821355
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
December 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2019
previous names
N/A
accountant
-
auditor
-
address
4th floor imperial house, 8 kean street, london, WC2B 4AS
Bank
-
Legal Advisor
-
fung (uk) 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 fung (uk) limited.
fung (uk) 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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fung (uk) limited Companies House Filings - See Documents
date | description | view/download |
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