fofa assets ltd

Live EstablishedMicroDeclining

fofa assets ltd Company Information

Share FOFA ASSETS LTD

Company Number

09108611

Shareholders

faizul isa

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

83 ducie street, manchester, M1 2JQ

Website

-

fofa assets ltd Estimated Valuation

£814k

Pomanda estimates the enterprise value of FOFA ASSETS LTD at £814k based on a Turnover of £341.1k and 2.39x industry multiple (adjusted for size and gross margin).

fofa assets ltd Estimated Valuation

£317.3k

Pomanda estimates the enterprise value of FOFA ASSETS LTD at £317.3k based on an EBITDA of £66.2k and a 4.79x industry multiple (adjusted for size and gross margin).

fofa assets ltd Estimated Valuation

£608k

Pomanda estimates the enterprise value of FOFA ASSETS LTD at £608k based on Net Assets of £344.7k and 1.76x industry multiple (adjusted for liquidity).

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Fofa Assets Ltd Overview

Fofa Assets Ltd is a live company located in manchester, M1 2JQ with a Companies House number of 09108611. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2014, it's largest shareholder is faizul isa with a 100% stake. Fofa Assets Ltd is a established, micro sized company, Pomanda has estimated its turnover at £341.1k with declining growth in recent years.

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Fofa Assets Ltd Health Check

Pomanda's financial health check has awarded Fofa Assets Ltd a 2 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 Rating2out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £341.1k, make it smaller than the average company (£980.2k)

£341.1k - Fofa Assets Ltd

£980.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5.7%)

-2% - Fofa Assets Ltd

5.7% - Industry AVG

production

Production

with a gross margin of 31.2%, this company has a higher cost of product (72.8%)

31.2% - Fofa Assets Ltd

72.8% - Industry AVG

profitability

Profitability

an operating margin of 19.4% make it less profitable than the average company (27.9%)

19.4% - Fofa Assets Ltd

27.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Fofa Assets Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)

£33.7k - Fofa Assets Ltd

£33.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £341.1k, this is more efficient (£192.3k)

£341.1k - Fofa Assets Ltd

£192.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 118 days, this is later than average (31 days)

118 days - Fofa Assets Ltd

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 21 days, this is quicker than average (37 days)

21 days - Fofa Assets Ltd

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fofa Assets Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Fofa Assets Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 70.6%, this is a similar level of debt than the average (68.7%)

70.6% - Fofa Assets Ltd

68.7% - Industry AVG

FOFA ASSETS LTD financials

EXPORTms excel logo

Fofa Assets Ltd's latest turnover from June 2024 is estimated at £341.1 thousand and the company has net assets of £344.7 thousand. According to their latest financial statements, Fofa Assets Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015
Turnover341,104246,654378,711365,498432,117417,819570,950707,612363,3451,540,402
Other Income Or Grants
Cost Of Sales234,682172,713268,991263,811302,890294,206392,748472,729245,1141,099,215
Gross Profit106,42273,940109,720101,687129,227123,613178,203234,883118,231441,186
Admin Expenses40,21816,16754,10860,51466,46879,445153,612207,70578,351426,155
Operating Profit66,20457,77355,61241,17362,75944,16824,59127,17839,88015,031
Interest Payable
Interest Receivable8513497
Pre-Tax Profit66,20457,77355,61241,17362,75944,16824,59127,18640,39415,529
Tax-16,551-14,443-10,566-7,823-11,924-8,392-4,672-5,165-8,079-3,106
Profit After Tax49,65343,33045,04633,35050,83535,77619,91922,02132,31512,423
Dividends Paid
Retained Profit49,65343,33045,04633,35050,83535,77619,91922,02132,31512,423
Employee Costs33,69731,19530,31127,65756,15828,22853,65377,11652,552105,271
Number Of Employees1111212324
EBITDA*66,20457,77355,61241,17362,75944,16824,59127,17862,75842,931

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015
Tangible Assets1,063,6261,068,6811,074,8461,082,3651,089,6841,098,0601,110,6741,126,0571,144,8171,167,695
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,063,6261,068,6811,074,8461,082,3651,089,6841,098,0601,110,6741,126,0571,144,8171,167,695
Stock & work in progress
Trade Debtors110,45689,19767,12861,20454,64049,42971,040108,30321,905
Group Debtors
Misc Debtors
Cash6,340198,977
misc current assets
total current assets110,45689,19767,12861,20454,64049,42971,040108,30328,245198,977
total assets1,174,0821,157,8781,141,9741,143,5691,144,3241,147,4891,181,7141,234,3601,173,0621,366,672
Bank overdraft
Bank loan
Trade Creditors 13,60011,049890,289936,930971,0351,025,0351,095,0361,167,6011,128,2241,354,149
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities13,60011,049890,289936,930971,0351,025,0351,095,0361,167,6011,128,2241,354,149
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities815,814851,814
provisions
total long term liabilities815,814851,814
total liabilities829,414862,863890,289936,930971,0351,025,0351,095,0361,167,6011,128,2241,354,149
net assets344,668295,015251,685206,639173,289122,45486,67866,75944,83812,523
total shareholders funds344,668295,015251,685206,639173,289122,45486,67866,75944,83812,523
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015
Operating Activities
Operating Profit66,20457,77355,61241,17362,75944,16824,59127,17839,88015,031
Depreciation22,87827,900
Amortisation
Tax-16,551-14,443-10,566-7,823-11,924-8,392-4,672-5,165-8,079-3,106
Stock
Debtors21,25922,0695,9246,5645,211-21,611-37,26386,39821,905
Creditors2,551-879,240-46,641-34,105-54,000-70,001-72,56539,377-225,9251,354,149
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations30,945-857,979-7,519-7,319-8,376-12,614-15,383-25,008-193,1511,393,974
Investing Activities
capital expenditure5,0556,1657,5197,3198,37612,61415,38318,760-1,195,595
Change in Investments
cash flow from investments5,0556,1657,5197,3198,37612,61415,38318,760-1,195,595
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-36,000851,814
share issue-100100
interest8513497
cash flow from financing-36,000851,814-92513597
cash and cash equivalents
cash-6,340-192,637198,977
overdraft
change in cash-6,340-192,637198,977

fofa assets ltd 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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Fofa Assets Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fofa assets ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 1 area or any other competitors across 12 key performance metrics.

fofa assets ltd Ownership

FOFA ASSETS LTD group structure

Fofa Assets Ltd has no subsidiary companies.

Ultimate parent company

FOFA ASSETS LTD

09108611

FOFA ASSETS LTD Shareholders

faizul isa 100%

fofa assets ltd directors

Fofa Assets Ltd currently has 2 directors. The longest serving directors include Mr Faizullah Isa (Jul 2019) and Mr Faizullah Isa (Jul 2019).

officercountryagestartendrole
Mr Faizullah IsaEngland48 years Jul 2019- Director
Mr Faizullah IsaUnited Kingdom48 years Jul 2019- Director

P&L

June 2024

turnover

341.1k

+38%

operating profit

66.2k

0%

gross margin

31.2%

+4.08%

turnover

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

Balance Sheet

June 2024

net assets

344.7k

+0.17%

total assets

1.2m

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

fofa assets ltd company details

company number

09108611

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

June 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

SK ACOUNTANTS MCR LTD

auditor

-

address

83 ducie street, manchester, M1 2JQ

Bank

-

Legal Advisor

-

fofa assets 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 fofa assets ltd.

fofa assets ltd 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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fofa assets ltd Companies House Filings - See Documents

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