
Company Number
09494148
Next Accounts
Dec 2025
Shareholders
lee thomas
david bateman
Group Structure
View All
Industry
Other retail sale in non-specialised stores
Registered Address
124 fortess road, london, NW5 2HP
Website
www.90degreesframers.co.ukPomanda estimates the enterprise value of 90 DEGREES PICTURE FRAMING LIMITED at £31.4k based on a Turnover of £97.3k and 0.32x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of 90 DEGREES PICTURE FRAMING LIMITED at £6.6k based on an EBITDA of £2.3k and a 2.93x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of 90 DEGREES PICTURE FRAMING LIMITED at £5.5k based on Net Assets of £2k and 2.8x industry multiple (adjusted for liquidity).
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90 Degrees Picture Framing Limited is a live company located in london, NW5 2HP with a Companies House number of 09494148. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in March 2015, it's largest shareholder is lee thomas with a 50% stake. 90 Degrees Picture Framing Limited is a established, micro sized company, Pomanda has estimated its turnover at £97.3k with declining growth in recent years.
Pomanda's financial health check has awarded 90 Degrees Picture Framing Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £97.3k, make it smaller than the average company (£1.2m)
- 90 Degrees Picture Framing Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (14.1%)
- 90 Degrees Picture Framing Limited
14.1% - Industry AVG
Production
with a gross margin of 27.8%, this company has a higher cost of product (45.4%)
- 90 Degrees Picture Framing Limited
45.4% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (5.8%)
- 90 Degrees Picture Framing Limited
5.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (25)
2 - 90 Degrees Picture Framing Limited
25 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- 90 Degrees Picture Framing Limited
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £48.6k, this is less efficient (£90.4k)
- 90 Degrees Picture Framing Limited
£90.4k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (9 days)
- 90 Degrees Picture Framing Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (31 days)
- 90 Degrees Picture Framing Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 90 Degrees Picture Framing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 90 Degrees Picture Framing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.3%, this is a higher level of debt than the average (66.9%)
90.3% - 90 Degrees Picture Framing Limited
66.9% - Industry AVG
90 Degrees Picture Framing Limited's latest turnover from March 2024 is estimated at £97.3 thousand and the company has net assets of £2 thousand. According to their latest financial statements, 90 Degrees Picture Framing Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
---|---|---|---|---|---|---|---|---|---|
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 | 2 | 3 | 2 | 3 | 2 | 1 | 1 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 6,996 | 9,228 | 11,425 | 14,410 | 17,793 | 5,528 | 7,139 | 8,778 | 7,344 |
Intangible Assets | |||||||||
Investments & Other | |||||||||
Debtors (Due After 1 year) | |||||||||
Total Fixed Assets | 6,996 | 9,228 | 11,425 | 14,410 | 17,793 | 5,528 | 7,139 | 8,778 | 7,344 |
Stock & work in progress | 398 | ||||||||
Trade Debtors | 13,368 | 9,904 | 24,741 | 22,986 | 29,310 | 27,525 | 30,846 | 15,498 | 20,103 |
Group Debtors | |||||||||
Misc Debtors | |||||||||
Cash | 6,021 | ||||||||
misc current assets | 5,625 | ||||||||
total current assets | 13,368 | 9,904 | 24,741 | 22,986 | 29,310 | 27,525 | 30,846 | 21,123 | 26,522 |
total assets | 20,364 | 19,132 | 36,166 | 37,396 | 47,103 | 33,053 | 37,985 | 29,901 | 33,866 |
Bank overdraft | |||||||||
Bank loan | |||||||||
Trade Creditors | 18,392 | 18,851 | 28,142 | 46,429 | 25,727 | 29,442 | 24,444 | 33,818 | |
Group/Directors Accounts | |||||||||
other short term finances | |||||||||
hp & lease commitments | |||||||||
other current liabilities | |||||||||
total current liabilities | 18,392 | 18,851 | 28,142 | 46,429 | 25,727 | 29,442 | 24,444 | 33,818 | |
loans | |||||||||
hp & lease commitments | |||||||||
Accruals and Deferred Income | 2,150 | 1,985 | |||||||
other liabilities | 24,506 | 7,136 | 6,384 | ||||||
provisions | |||||||||
total long term liabilities | 24,506 | 7,136 | 8,534 | 1,985 | |||||
total liabilities | 18,392 | 18,851 | 24,506 | 28,142 | 46,429 | 32,863 | 37,976 | 26,429 | 33,818 |
net assets | 1,972 | 281 | 11,660 | 9,254 | 674 | 190 | 9 | 3,472 | 48 |
total shareholders funds | 1,972 | 281 | 11,660 | 9,254 | 674 | 190 | 9 | 3,472 | 48 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 1,484 | ||||||||
Amortisation | |||||||||
Tax | |||||||||
Stock | -398 | 398 | |||||||
Debtors | 3,464 | -14,837 | 1,755 | -6,324 | 1,785 | -3,321 | 15,348 | -4,605 | 20,103 |
Creditors | -459 | 18,851 | -28,142 | -18,287 | 20,702 | -3,715 | 4,998 | -9,374 | 33,818 |
Accruals and Deferred Income | -2,150 | 165 | 1,985 | ||||||
Deferred Taxes & Provisions | |||||||||
Cash flow from operations | |||||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | |||||||||
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | |||||||||
Group/Directors Accounts | |||||||||
Other Short Term Loans | |||||||||
Long term loans | |||||||||
Hire Purchase and Lease Commitments | |||||||||
other long term liabilities | -24,506 | 24,506 | -7,136 | 752 | 6,384 | ||||
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | -6,021 | 6,021 | |||||||
overdraft | |||||||||
change in cash | -6,021 | 6,021 |
Perform a competitor analysis for 90 degrees picture framing limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in NW5 area or any other competitors across 12 key performance metrics.
90 DEGREES PICTURE FRAMING LIMITED group structure
90 Degrees Picture Framing Limited has no subsidiary companies.
Ultimate parent company
90 DEGREES PICTURE FRAMING LIMITED
09494148
90 Degrees Picture Framing Limited currently has 2 directors. The longest serving directors include Mr Lee Thomas (Mar 2015) and Mr David Bateman (Jan 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Lee Thomas | England | 54 years | Mar 2015 | - | Director |
Mr David Bateman | England | 60 years | Jan 2019 | - | Director |
P&L
March 2024turnover
97.3k
-2%
operating profit
2.3k
0%
gross margin
27.9%
+1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2k
+6.02%
total assets
20.4k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
company number
09494148
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
124 fortess road, london, NW5 2HP
Bank
-
Legal Advisor
-
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 90 degrees picture framing limited.
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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