Pomanda estimates the enterprise value of FINEFAIR ASSET MANAGEMENT LTD at £98.8k based on a Turnover of £81.5k and 1.21x industry multiple (adjusted for size and gross margin).
finefair asset management ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of FINEFAIR ASSET MANAGEMENT LTD at £0 based on an EBITDA of £-2.4k and a 3.7x industry multiple (adjusted for size and gross margin).
finefair asset management ltdEstimated Valuation
£1.5k
Pomanda estimates the enterprise value of FINEFAIR ASSET MANAGEMENT LTD at £1.5k based on Net Assets of £855 and 1.73x industry multiple (adjusted for liquidity).
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Finefair Asset Management LtdOverview
Finefair Asset Management Ltd is a live company located in essex, IG3 9RT with a Companies House number of 09506806. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2015, it's largest shareholder is
wasik akram
with a 100% stake. Finefair Asset Management Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£81.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Finefair Asset Management Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
1 Regular
8 Weak
Size
annual sales of £81.5k, make it smaller than the average company (£2.9m)
£81.5k - Finefair Asset Management Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (6.8%)
-10% - Finefair Asset Management Ltd
6.8% - Industry AVG
Production
with a gross margin of 29.9%, this company has a higher cost of product (67.5%)
29.9% - Finefair Asset Management Ltd
67.5% - Industry AVG
Profitability
an operating margin of -3% make it less profitable than the average company (8.4%)
-3% - Finefair Asset Management Ltd
8.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Finefair Asset Management Ltd
12 - Industry AVG
Pay Structure
on an average salary of £66.8k, the company has an equivalent pay structure (£66.8k)
£66.8k - Finefair Asset Management Ltd
£66.8k - Industry AVG
Efficiency
resulting in sales per employee of £81.5k, this is less efficient (£165.8k)
£81.5k - Finefair Asset Management Ltd
£165.8k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (36 days)
90 days - Finefair Asset Management Ltd
36 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Finefair Asset Management Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Finefair Asset Management Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Finefair Asset Management Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.3%, this is a higher level of debt than the average (57.4%)
97.3% - Finefair Asset Management Ltd
57.4% - Industry AVG
FINEFAIR ASSET MANAGEMENT LTD financials
EXPORT
Finefair Asset Management Ltd's latest turnover from March 2024 is estimated at £81.5 thousand and the company has net assets of £855. According to their latest financial statements, we estimate that Finefair Asset Management Ltd has 1 employee 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
81,474
105,654
89,403
111,160
30,338
28,871
31,962
1,740
2,298
Other Income Or Grants
Cost Of Sales
57,100
74,761
64,788
82,880
22,280
20,206
22,087
1,151
1,510
Gross Profit
24,374
30,893
24,615
28,280
8,058
8,666
9,874
589
788
Admin Expenses
26,795
30,499
24,271
30,693
7,270
8,088
8,489
-583
-1,613
Operating Profit
-2,421
394
344
-2,413
788
578
1,385
1,172
2,401
Interest Payable
Interest Receivable
3
2
1
Pre-Tax Profit
-2,421
394
344
-2,413
788
578
1,388
1,174
2,403
Tax
-75
-65
-150
-110
-264
-235
-480
Profit After Tax
-2,421
319
279
-2,413
638
468
1,124
939
1,922
Dividends Paid
Retained Profit
-2,421
319
279
-2,413
638
468
1,124
939
1,922
Employee Costs
66,757
63,265
61,322
56,722
53,846
52,141
57,401
55,150
61,789
Number Of Employees
1
1
1
1
1
1
1
1
1
EBITDA*
-2,421
394
344
-2,413
788
578
1,385
1,172
2,401
* 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
11,000
11,000
11,000
6,000
3,000
3,000
3,000
3,000
3,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
11,000
11,000
11,000
6,000
3,000
3,000
3,000
3,000
3,000
Stock & work in progress
Trade Debtors
20,207
28,232
34,924
46,949
10,980
10,980
10,027
578
578
Group Debtors
Misc Debtors
1
Cash
1,132
422
misc current assets
total current assets
20,207
28,232
34,924
46,949
10,980
10,980
10,027
1,711
1,000
total assets
31,207
39,232
45,924
52,949
13,980
13,980
13,027
4,711
4,000
Bank overdraft
Bank loan
Trade Creditors
5
81
25
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
850
1,078
total current liabilities
5
81
25
850
1,078
loans
hp & lease commitments
Accruals and Deferred Income
650
800
800
650
other liabilities
29,702
35,956
42,962
50,271
8,008
8,702
8,392
provisions
total long term liabilities
30,352
35,956
42,962
50,271
8,808
9,502
9,042
total liabilities
30,352
35,956
42,967
50,271
8,889
9,527
9,042
850
1,078
net assets
855
3,276
2,957
2,678
5,091
4,453
3,985
3,861
2,922
total shareholders funds
855
3,276
2,957
2,678
5,091
4,453
3,985
3,861
2,922
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Operating Activities
Operating Profit
-2,421
394
344
-2,413
788
578
1,385
1,172
2,401
Depreciation
Amortisation
Tax
-75
-65
-150
-110
-264
-235
-480
Stock
Debtors
-8,025
-6,692
-12,025
35,969
953
9,448
1
578
Creditors
-5
5
-81
56
25
Accruals and Deferred Income
650
-800
150
-200
-228
1,078
Deferred Taxes & Provisions
Cash flow from operations
6,254
7,006
12,309
-39,263
694
-310
-8,527
708
2,421
Investing Activities
capital expenditure
-5,000
-3,000
-3,000
Change in Investments
cash flow from investments
-5,000
-3,000
-3,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-6,254
-7,006
-7,309
42,263
-694
310
8,392
share issue
-1,000
1,000
interest
3
2
1
cash flow from financing
-6,254
-7,006
-7,309
42,263
-694
310
7,395
2
1,001
cash and cash equivalents
cash
-1,132
710
422
overdraft
change in cash
-1,132
710
422
finefair asset management ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for finefair asset management ltd. Get real-time insights into finefair asset management ltd's credit score, group structure and payment trends.
Perform a competitor analysis for finefair asset management ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in IG3 area or any other competitors across 12 key performance metrics.
finefair asset management ltd Ownership
FINEFAIR ASSET MANAGEMENT LTD group structure
Finefair Asset Management Ltd has no subsidiary companies.
Ultimate parent company
FINEFAIR ASSET MANAGEMENT LTD
09506806
FINEFAIR ASSET MANAGEMENT LTD Shareholders
The sole shareholder of Finefair Asset Management Ltd is Wasik Akram.
wasik akram
100%
finefair asset management ltd directors
Finefair Asset Management Ltd currently has 1 director, Mr Wasik Akram serving since Jul 2016.
68320 - Management of real estate on a fee or contract basis
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
66110 - Administration of financial markets
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
finefair business services (fbs) ltd (August 2017)
accountant
-
auditor
-
address
3 brooks parade green lane, ilford, essex, IG3 9RT
Bank
-
Legal Advisor
-
finefair asset management 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 finefair asset management ltd.
finefair asset management 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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finefair asset management ltdCompanies House Filings - See Documents
