4 way refrigeration services ltd
4 way refrigeration services ltd Company Information
Company Number
09119186
Website
www.4wayref.co.ukRegistered Address
unit 3, north lynn business vill, bergen way, king's lynn, PE30 2JG
Industry
Installation of industrial machinery and equipment
Telephone
01553767878
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
4 way refrigeration services eot ltd 100%
4 way refrigeration services ltd Estimated Valuation
Pomanda estimates the enterprise value of 4 WAY REFRIGERATION SERVICES LTD at £791.2k based on a Turnover of £1.4m and 0.58x industry multiple (adjusted for size and gross margin).
4 way refrigeration services ltd Estimated Valuation
Pomanda estimates the enterprise value of 4 WAY REFRIGERATION SERVICES LTD at £0 based on an EBITDA of £-81k and a 4.6x industry multiple (adjusted for size and gross margin).
4 way refrigeration services ltd Estimated Valuation
Pomanda estimates the enterprise value of 4 WAY REFRIGERATION SERVICES LTD at £400.8k based on Net Assets of £147.9k and 2.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
4 Way Refrigeration Services Ltd Overview
4 Way Refrigeration Services Ltd is a live company located in king's lynn, PE30 2JG with a Companies House number of 09119186. It operates in the installation of industrial machinery and equipment sector, SIC Code 33200. Founded in July 2014, it's largest shareholder is 4 way refrigeration services eot ltd with a 100% stake. 4 Way Refrigeration Services Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
4 Way Refrigeration Services Ltd Health Check
Pomanda's financial health check has awarded 4 Way Refrigeration Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£10.2m)
- 4 Way Refrigeration Services Ltd
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.8%)
- 4 Way Refrigeration Services Ltd
4.8% - Industry AVG
Production
with a gross margin of 28.5%, this company has a comparable cost of product (28.5%)
- 4 Way Refrigeration Services Ltd
28.5% - Industry AVG
Profitability
an operating margin of -12.5% make it less profitable than the average company (4.6%)
- 4 Way Refrigeration Services Ltd
4.6% - Industry AVG
Employees
with 16 employees, this is below the industry average (34)
16 - 4 Way Refrigeration Services Ltd
34 - Industry AVG
Pay Structure
on an average salary of £51.4k, the company has an equivalent pay structure (£51.4k)
- 4 Way Refrigeration Services Ltd
£51.4k - Industry AVG
Efficiency
resulting in sales per employee of £84.9k, this is less efficient (£207.4k)
- 4 Way Refrigeration Services Ltd
£207.4k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is earlier than average (67 days)
- 4 Way Refrigeration Services Ltd
67 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (46 days)
- 4 Way Refrigeration Services Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is less than average (45 days)
- 4 Way Refrigeration Services Ltd
45 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - 4 Way Refrigeration Services Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82%, this is a higher level of debt than the average (59.5%)
82% - 4 Way Refrigeration Services Ltd
59.5% - Industry AVG
4 WAY REFRIGERATION SERVICES LTD financials
4 Way Refrigeration Services Ltd's latest turnover from October 2023 is estimated at £1.4 million and the company has net assets of £147.9 thousand. According to their latest financial statements, 4 Way Refrigeration Services Ltd has 16 employees and maintains cash reserves of £1.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 16 | 15 | 15 | 11 | 9 | 9 | 9 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 293,023 | 128,054 | 41,094 | 43,665 | 36,505 | 35,461 | 24,944 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 10,000 | 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 | 303,023 | 128,054 | 41,094 | 43,665 | 36,505 | 35,461 | 24,944 | 0 | 0 |
| Stock & work in progress | 89,813 | 60,036 | 89,896 | 46,142 | 76,845 | 20,240 | 19,850 | 0 | 0 |
| Trade Debtors | 153,482 | 302,143 | 33,321 | 91,731 | 79,740 | 136,108 | 117,391 | 0 | 0 |
| Group Debtors | 0 | 291,617 | 256,536 | 191,585 | 65,065 | 102,906 | 0 | 0 | 0 |
| Misc Debtors | 272,783 | 44,227 | 1,275 | 842 | 1,606 | 1,983 | 3,156 | 0 | 0 |
| Cash | 1,946 | 5,904 | 573 | 3,061 | 226 | 8,754 | 60,554 | 2 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 518,024 | 703,927 | 381,601 | 333,361 | 223,482 | 269,991 | 200,951 | 2 | 0 |
| total assets | 821,047 | 831,981 | 422,695 | 377,026 | 259,987 | 305,452 | 225,895 | 2 | 0 |
| Bank overdraft | 88,079 | 0 | 74,926 | 66,170 | 62,813 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 98,235 | 135,242 | 93,648 | 148,657 | 65,372 | 127,959 | 100,795 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 61,544 | 29,521 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 99,919 | 233,781 | 140,637 | 68,610 | 50,913 | 96,809 | 93,997 | 0 | 0 |
| total current liabilities | 347,777 | 398,544 | 309,211 | 283,437 | 179,098 | 224,768 | 194,792 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 258,332 | 91,279 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 67,003 | 19,256 | 2,663 | 3,065 | 1,600 | 1,272 | 89 | 0 | 0 |
| total long term liabilities | 325,335 | 110,535 | 2,663 | 3,065 | 1,600 | 1,272 | 89 | 0 | 0 |
| total liabilities | 673,112 | 509,079 | 311,874 | 286,502 | 180,698 | 226,040 | 194,881 | 0 | 0 |
| net assets | 147,935 | 322,902 | 110,821 | 90,524 | 79,289 | 79,412 | 31,014 | 2 | 0 |
| total shareholders funds | 147,935 | 322,902 | 110,821 | 90,524 | 79,289 | 79,412 | 31,014 | 2 | 0 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 89,338 | 34,348 | 5,361 | 6,219 | 3,832 | 3,482 | 2,007 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 29,777 | -29,860 | 43,754 | -30,703 | 56,605 | 390 | 19,850 | 0 | 0 |
| Debtors | -211,722 | 346,855 | 6,974 | 137,747 | -94,586 | 120,450 | 120,547 | 0 | 0 |
| Creditors | -37,007 | 41,594 | -55,009 | 83,285 | -62,587 | 27,164 | 100,795 | 0 | 0 |
| Accruals and Deferred Income | -133,862 | 93,144 | 72,027 | 17,697 | -45,896 | 2,812 | 93,997 | 0 | 0 |
| Deferred Taxes & Provisions | 47,747 | 16,593 | -402 | 1,465 | 328 | 1,183 | 89 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 10,000 | 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 | 0 | 0 | 0 | 0 | 0 | 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 | 199,076 | 120,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -3,958 | 5,331 | -2,488 | 2,835 | -8,528 | -51,800 | 60,552 | 2 | 0 |
| overdraft | 88,079 | -74,926 | 8,756 | 3,357 | 62,813 | 0 | 0 | 0 | 0 |
| change in cash | -92,037 | 80,257 | -11,244 | -522 | -71,341 | -51,800 | 60,552 | 2 | 0 |
4 way refrigeration services ltd Credit Report and Business Information
4 Way Refrigeration Services Ltd Competitor Analysis
Perform a competitor analysis for 4 way refrigeration services ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in PE30 area or any other competitors across 12 key performance metrics.
4 way refrigeration services ltd Ownership
4 WAY REFRIGERATION SERVICES LTD group structure
4 Way Refrigeration Services Ltd has no subsidiary companies.
Ultimate parent company
4 WAY REFRIGERATION SERVICES LTD
09119186
4 way refrigeration services ltd directors
4 Way Refrigeration Services Ltd currently has 3 directors. The longest serving directors include Mr Stephen Simpson (Jul 2014) and Mr Neil Jordan (Jul 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Simpson | England | 54 years | Jul 2014 | - | Director |
| Mr Neil Jordan | England | 56 years | Jul 2014 | - | Director |
| Mr Stuart Olley | England | 50 years | Oct 2018 | - | Director |
P&L
October 2023turnover
1.4m
-19%
operating profit
-170.3k
0%
gross margin
28.5%
+1.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
147.9k
-0.54%
total assets
821k
-0.01%
cash
1.9k
-0.67%
net assets
Total assets minus all liabilities
4 way refrigeration services ltd company details
company number
09119186
Type
Private limited with Share Capital
industry
33200 - Installation of industrial machinery and equipment
incorporation date
July 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
4 way service limited (July 2016)
accountant
STEVE PYE & CO
auditor
-
address
unit 3, north lynn business vill, bergen way, king's lynn, PE30 2JG
Bank
-
Legal Advisor
-
4 way refrigeration services 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 4 way refrigeration services ltd.
4 way refrigeration services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
