fab bakeries limited

fab bakeries limited Company Information

Share FAB BAKERIES LIMITED
Live 
EstablishedMicroDeclining

Company Number

09023689

Industry

Manufacture of bread; manufacture of fresh pastry goods and cakes

 

Shareholders

mr olabode thompson fabusiwa

Group Structure

View All

Contact

Registered Address

olatunde ashaolu & co, fidelity house, london, SE28 8NZ

Website

-

fab bakeries limited Estimated Valuation

£184.6k

Pomanda estimates the enterprise value of FAB BAKERIES LIMITED at £184.6k based on a Turnover of £429.8k and 0.43x industry multiple (adjusted for size and gross margin).

fab bakeries limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FAB BAKERIES LIMITED at £0 based on an EBITDA of £-69.5k and a 2.95x industry multiple (adjusted for size and gross margin).

fab bakeries limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FAB BAKERIES LIMITED at £0 based on Net Assets of £-19.4k and 2.12x industry multiple (adjusted for liquidity).

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Fab Bakeries Limited Overview

Fab Bakeries Limited is a live company located in london, SE28 8NZ with a Companies House number of 09023689. It operates in the manufacture of bread sector, SIC Code 10710. Founded in May 2014, it's largest shareholder is mr olabode thompson fabusiwa with a 100% stake. Fab Bakeries Limited is a established, micro sized company, Pomanda has estimated its turnover at £429.8k with declining growth in recent years.

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Fab Bakeries Limited Health Check

Pomanda's financial health check has awarded Fab Bakeries 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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £429.8k, make it smaller than the average company (£15.1m)

£429.8k - Fab Bakeries Limited

£15.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (7.5%)

-16% - Fab Bakeries Limited

7.5% - Industry AVG

production

Production

with a gross margin of 19.2%, this company has a higher cost of product (27.8%)

19.2% - Fab Bakeries Limited

27.8% - Industry AVG

profitability

Profitability

an operating margin of -16.2% make it less profitable than the average company (2.9%)

-16.2% - Fab Bakeries Limited

2.9% - Industry AVG

employees

Employees

with 13 employees, this is below the industry average (179)

13 - Fab Bakeries Limited

179 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.1k, the company has an equivalent pay structure (£30.1k)

£30.1k - Fab Bakeries Limited

£30.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £33.1k, this is less efficient (£103.8k)

£33.1k - Fab Bakeries Limited

£103.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 35 days, this is near the average (41 days)

35 days - Fab Bakeries Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 65 days, this is slower than average (43 days)

65 days - Fab Bakeries Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fab Bakeries Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Fab Bakeries Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 122.7%, this is a higher level of debt than the average (57.2%)

122.7% - Fab Bakeries Limited

57.2% - Industry AVG

FAB BAKERIES LIMITED financials

EXPORTms excel logo

Fab Bakeries Limited's latest turnover from September 2023 is estimated at £429.8 thousand and the company has net assets of -£19.4 thousand. According to their latest financial statements, Fab Bakeries Limited has 13 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Turnover429,826630,024698,084714,573798,0052,328,044807,595849,710533,689
Other Income Or Grants000000000
Cost Of Sales347,187495,561551,677301,611331,0261,812,940615,410643,469403,152
Gross Profit82,640134,463146,407412,962466,979515,105192,185206,240130,538
Admin Expenses152,115170,523136,183338,360328,118392,864344,019206,248129,466
Operating Profit-69,475-36,06010,22474,602138,861122,241-151,834-81,072
Interest Payable001,525000000
Interest Receivable0016004114918
Pre-Tax Profit-69,475-36,0608,71574,602138,861122,281-151,82011,090
Tax00-1,656-14,174-26,381-23,23300-218
Profit After Tax-69,475-36,0607,05960,428112,48099,048-151,8201872
Dividends Paid000041,8970000
Retained Profit-69,475-36,0607,05960,42870,58399,048-151,8201872
Employee Costs390,884357,809345,097256,008201,445499,247164,728183,843106,729
Number Of Employees1313136720785
EBITDA*-69,475-36,06010,22485,245149,504122,241-151,834-82,889

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Tangible Assets44,07637,63248,27553,90864,55131,28834,6025,4345,433
Intangible Assets000000000
Investments & Other000000001
Debtors (Due After 1 year)000000000
Total Fixed Assets44,07637,63248,27553,90864,55131,28834,6025,4345,434
Stock & work in progress000000007,500
Trade Debtors41,220118,602155,555115,094439,464388,4710143,712111,671
Group Debtors000000000
Misc Debtors0000000017,345
Cash00031,31922,761010,85007,196
misc current assets000000000
total current assets41,220118,602155,555146,413462,225388,47110,850143,712143,712
total assets85,296156,234203,830200,321526,776419,75945,452149,146149,146
Bank overdraft000000000
Bank loan000000000
Trade Creditors 62,53171,20871,20828,861473,869471,658196,398148,273148,273
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities00042,34728,1720000
total current liabilities62,53171,20871,20871,208502,041471,658196,398148,273148,273
loans00050,0006,0500000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities42,12934,91546,451000000
provisions000000000
total long term liabilities42,12934,91546,45150,0006,0500000
total liabilities104,660106,123117,659121,208508,091471,658196,398148,273148,273
net assets-19,36450,11186,17179,11318,685-51,899-150,946873873
total shareholders funds-19,36450,11186,17179,11318,685-51,899-150,946873873
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Operating Activities
Operating Profit-69,475-36,06010,22474,602138,861122,241-151,834-81,072
Depreciation00010,64310,6430001,817
Amortisation000000000
Tax00-1,656-14,174-26,381-23,23300-218
Stock0000000-7,5007,500
Debtors-77,382-36,95340,461-324,37050,993388,471-143,71214,696129,016
Creditors-8,677042,347-445,0082,211275,26048,1250148,273
Accruals and Deferred Income00-42,34714,17528,1720000
Deferred Taxes & Provisions000000000
Cash flow from operations-770893-31,893-35,392102,513-14,20340,003-7,20414,428
Investing Activities
capital expenditure-6,44410,6435,6330-43,9063,314-29,168-1-7,250
Change in Investments0000000-11
cash flow from investments-6,44410,6435,6330-43,9063,314-29,1680-7,251
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans00-50,00043,9506,0500000
Hire Purchase and Lease Commitments000000000
other long term liabilities7,214-11,53646,451000000
share issue00-101-11-11
interest00-1,509004114918
cash flow from financing7,214-11,536-5,05943,9506,0514015819
cash and cash equivalents
cash00-31,3198,55822,761-10,85010,850-7,1967,196
overdraft000000000
change in cash00-31,3198,55822,761-10,85010,850-7,1967,196

fab bakeries 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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Fab Bakeries Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fab bakeries limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in SE28 area or any other competitors across 12 key performance metrics.

fab bakeries limited Ownership

FAB BAKERIES LIMITED group structure

Fab Bakeries Limited has no subsidiary companies.

Ultimate parent company

FAB BAKERIES LIMITED

09023689

FAB BAKERIES LIMITED Shareholders

mr olabode thompson fabusiwa 100%

fab bakeries limited directors

Fab Bakeries Limited currently has 1 director, Mrs Abiola Fabusiwa serving since Feb 2017.

officercountryagestartendrole
Mrs Abiola FabusiwaEngland62 years Feb 2017- Director

P&L

September 2023

turnover

429.8k

-32%

operating profit

-69.5k

0%

gross margin

19.3%

-9.92%

turnover

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

Balance Sheet

September 2023

net assets

-19.4k

-1.39%

total assets

85.3k

-0.45%

cash

0

0%

net assets

Total assets minus all liabilities

fab bakeries limited company details

company number

09023689

Type

Private limited with Share Capital

industry

10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes

incorporation date

May 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

olatunde ashaolu & co, fidelity house, london, SE28 8NZ

Bank

-

Legal Advisor

-

fab bakeries 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 fab bakeries limited.

fab bakeries 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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fab bakeries limited Companies House Filings - See Documents

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