fairmount ventures limited
fairmount ventures limited Company Information
Company Number
09308127
Registered Address
crown house north circular road, london, NW10 7PN
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
02089611415
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
cygnet properties & leisure plc 100%
fairmount ventures limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRMOUNT VENTURES LIMITED at £4.1m based on a Turnover of £1.4m and 3x industry multiple (adjusted for size and gross margin).
fairmount ventures limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRMOUNT VENTURES LIMITED at £6.9m based on an EBITDA of £1m and a 6.79x industry multiple (adjusted for size and gross margin).
fairmount ventures limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRMOUNT VENTURES LIMITED at £9.2m based on Net Assets of £5.8m and 1.58x industry multiple (adjusted for liquidity).
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Fairmount Ventures Limited Overview
Fairmount Ventures Limited is a live company located in london, NW10 7PN with a Companies House number of 09308127. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2014, it's largest shareholder is cygnet properties & leisure plc with a 100% stake. Fairmount Ventures Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with high growth in recent years.
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Fairmount Ventures Limited Health Check
Pomanda's financial health check has awarded Fairmount Ventures Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £1.4m, make it larger than the average company (£801.6k)
- Fairmount Ventures Limited
£801.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (1.9%)
- Fairmount Ventures Limited
1.9% - Industry AVG
Production
with a gross margin of 74.3%, this company has a comparable cost of product (74.3%)
- Fairmount Ventures Limited
74.3% - Industry AVG
Profitability
an operating margin of 73.5% make it more profitable than the average company (36.9%)
- Fairmount Ventures Limited
36.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Fairmount Ventures Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
- Fairmount Ventures Limited
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£172.7k)
- Fairmount Ventures Limited
£172.7k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (30 days)
- Fairmount Ventures Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (37 days)
- Fairmount Ventures Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fairmount Ventures Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (15 weeks)
11 weeks - Fairmount Ventures Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.5%, this is a similar level of debt than the average (62.7%)
68.5% - Fairmount Ventures Limited
62.7% - Industry AVG
FAIRMOUNT VENTURES LIMITED financials
Fairmount Ventures Limited's latest turnover from March 2023 is estimated at £1.4 million and the company has net assets of £5.8 million. According to their latest financial statements, Fairmount Ventures Limited has 1 employee and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 866,387 | 796,186 | 709,204 | 708,895 | 309,547 | 0 | |||
| Other Income Or Grants | 0 | ||||||||
| Cost Of Sales | 0 | ||||||||
| Gross Profit | 0 | ||||||||
| Admin Expenses | 0 | ||||||||
| Operating Profit | 492,127 | 459,181 | 433,884 | 541,702 | 223,050 | 0 | |||
| Interest Payable | 286,969 | 311,893 | 277,224 | 294,980 | 151,857 | 0 | |||
| Interest Receivable | 5,277 | 43 | 37 | 1,860 | 509 | 0 | |||
| Pre-Tax Profit | 210,435 | 147,331 | 4,626,697 | 2,219,760 | 71,702 | 0 | |||
| Tax | -188,428 | -905 | -745,821 | -351,947 | -20,029 | 0 | |||
| Profit After Tax | 22,007 | 146,426 | 3,880,876 | 1,867,813 | 51,673 | 0 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | 22,007 | 146,426 | 3,880,876 | 1,867,813 | 51,673 | 0 | |||
| Employee Costs | 0 | ||||||||
| Number Of Employees | 1 | 1 | |||||||
| EBITDA* | 492,127 | 459,181 | 433,884 | 541,702 | 223,050 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 17,029,362 | 17,029,362 | 16,989,814 | 16,989,814 | 16,989,814 | 16,957,864 | 12,487,864 | 10,523,526 | 2,587,864 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,029,362 | 17,029,362 | 16,989,814 | 16,989,814 | 16,989,814 | 16,957,864 | 12,487,864 | 10,523,526 | 2,587,864 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 215,885 | 116,239 | 108,638 | 137,549 | 91,784 | 55,564 | 47,509 | 221,675 | 0 |
| Group Debtors | 462 | 30,462 | 32,119 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,052 | 31,522 | 52,533 | 93,079 | 97,722 | 96,998 | 97,197 | 41,275 | 1 |
| Cash | 1,217,030 | 1,575,282 | 1,816,380 | 2,447,721 | 2,373,285 | 2,523,745 | 507,874 | 185,369 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,442,429 | 1,753,505 | 2,009,670 | 2,678,349 | 2,562,791 | 2,676,307 | 652,580 | 448,319 | 1 |
| total assets | 18,471,791 | 18,782,867 | 18,999,484 | 19,668,163 | 19,552,605 | 19,634,171 | 13,140,444 | 10,971,845 | 2,587,865 |
| Bank overdraft | 240,000 | 104,106 | 0 | 0 | 0 | 0 | 216,000 | 108,000 | 0 |
| Bank loan | 0 | 240,000 | 240,000 | 240,000 | 240,000 | 240,000 | 0 | 0 | 0 |
| Trade Creditors | 80,164 | 65,905 | 96,883 | 88,221 | 44,672 | 46,531 | 35,902 | 26,676 | 0 |
| Group/Directors Accounts | 3,384,900 | 4,374,857 | 4,347,506 | 4,147,128 | 2,587,864 | 2,587,864 | 2,587,864 | 4,140,584 | 2,587,864 |
| 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 | 1,648,470 | 621,885 | 720,096 | 1,553,570 | 2,950,886 | 2,954,102 | 2,970,985 | 1,352,911 | 0 |
| total current liabilities | 5,353,534 | 5,406,753 | 5,404,485 | 6,028,919 | 5,823,422 | 5,828,497 | 5,810,751 | 5,628,171 | 2,587,864 |
| loans | 5,760,000 | 6,021,071 | 6,240,000 | 6,503,028 | 6,746,479 | 6,974,915 | 5,100,093 | 5,292,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,542,195 | 1,541,392 | 1,171,450 | 1,167,420 | 1,035,915 | 1,030,396 | 310,113 | 0 | 0 |
| total long term liabilities | 7,302,195 | 7,562,463 | 7,411,450 | 7,670,448 | 7,782,394 | 8,005,311 | 5,410,206 | 5,292,000 | 0 |
| total liabilities | 12,655,729 | 12,969,216 | 12,815,935 | 13,699,367 | 13,605,816 | 13,833,808 | 11,220,957 | 10,920,171 | 2,587,864 |
| net assets | 5,816,062 | 5,813,651 | 6,183,549 | 5,968,796 | 5,946,789 | 5,800,363 | 1,919,487 | 51,674 | 1 |
| total shareholders funds | 5,816,062 | 5,813,651 | 6,183,549 | 5,968,796 | 5,946,789 | 5,800,363 | 1,919,487 | 51,674 | 1 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 492,127 | 459,181 | 433,884 | 541,702 | 223,050 | 0 | |||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -188,428 | -905 | -745,821 | -351,947 | -20,029 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 47,176 | -15,067 | -37,338 | 41,122 | 36,944 | 7,856 | -118,244 | 262,949 | 1 |
| Creditors | 14,259 | -30,978 | 8,662 | 43,549 | -1,859 | 10,629 | 9,226 | 26,676 | 0 |
| Accruals and Deferred Income | 1,026,585 | -98,211 | -833,474 | -1,397,316 | -3,216 | -16,883 | 1,618,074 | 1,352,911 | 0 |
| Deferred Taxes & Provisions | 803 | 369,942 | 4,030 | 131,505 | 5,519 | 720,283 | 310,113 | 0 | 0 |
| Cash flow from operations | -959,685 | 421,776 | 394,236 | 2,245,412 | 1,319,659 | -1 | |||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 39,548 | 0 | 0 | 31,950 | 4,470,000 | 1,964,338 | 7,935,662 | 2,587,864 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | -240,000 | 0 | 0 | 0 | 0 | 240,000 | 0 | 0 | 0 |
| Group/Directors Accounts | -989,957 | 27,351 | 200,378 | 1,559,264 | 0 | 0 | -1,552,720 | 1,552,720 | 2,587,864 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -261,071 | -218,929 | -263,028 | -243,451 | -228,436 | 1,874,822 | -191,907 | 5,292,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -281,692 | -311,850 | -277,187 | -293,120 | -151,348 | 0 | |||
| cash flow from financing | 1,034,121 | -540,286 | 1,837,635 | -2,037,747 | 6,693,372 | 2,587,865 | |||
| cash and cash equivalents | |||||||||
| cash | -358,252 | -241,098 | -631,341 | 74,436 | -150,460 | 2,015,871 | 322,505 | 185,369 | 0 |
| overdraft | 135,894 | 104,106 | 0 | 0 | 0 | -216,000 | 108,000 | 108,000 | 0 |
| change in cash | -494,146 | -345,204 | -631,341 | 74,436 | -150,460 | 2,231,871 | 214,505 | 77,369 | 0 |
fairmount ventures limited Credit Report and Business Information
Fairmount Ventures Limited Competitor Analysis
Perform a competitor analysis for fairmount ventures limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
fairmount ventures limited Ownership
FAIRMOUNT VENTURES LIMITED group structure
Fairmount Ventures Limited has no subsidiary companies.
Ultimate parent company
2 parents
FAIRMOUNT VENTURES LIMITED
09308127
fairmount ventures limited directors
Fairmount Ventures Limited currently has 2 directors. The longest serving directors include Mr Karim Virani (Jan 2015) and Mr Rahim Virani (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Karim Virani | England | 43 years | Jan 2015 | - | Director |
| Mr Rahim Virani | England | 47 years | Jan 2015 | - | Director |
P&L
March 2023turnover
1.4m
+101%
operating profit
1m
0%
gross margin
74.3%
-0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.8m
0%
total assets
18.5m
-0.02%
cash
1.2m
-0.23%
net assets
Total assets minus all liabilities
Similar Companies
fairmount ventures limited company details
company number
09308127
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
November 2014
age
10
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
crown house north circular road, london, NW10 7PN
last accounts submitted
March 2023
fairmount ventures 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 fairmount ventures limited.
fairmount ventures limited Companies House Filings - See Documents
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