Pomanda estimates the enterprise value of FLEXY CORPORATION LTD at £9.7m based on a Turnover of £54.2m and 0.18x industry multiple (adjusted for size and gross margin).
flexy corporation ltdEstimated Valuation
£3m
Pomanda estimates the enterprise value of FLEXY CORPORATION LTD at £3m based on an EBITDA of £791k and a 3.79x industry multiple (adjusted for size and gross margin).
flexy corporation ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of FLEXY CORPORATION LTD at £0 based on Net Assets of £-498k and 1.21x industry multiple (adjusted for liquidity).
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Flexy Corporation LtdOverview
Flexy Corporation Ltd is a live company located in luton, LU1 3LU with a Companies House number of 09524785. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in April 2015, it's largest shareholder is
oliver crofton
with a 36.6% stake. Flexy Corporation Ltd is a established,
large sized company, Pomanda has estimated its turnover at
£54.2m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Flexy Corporation Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
1 Regular
4 Weak
Size
annual sales of £54.2m, make it larger than the average company (£14.5m)
£54.2m - Flexy Corporation Ltd
£14.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 282%, show it is growing at a faster rate (7.6%)
282% - Flexy Corporation Ltd
7.6% - Industry AVG
Production
with a gross margin of 4%, this company has a higher cost of product (18.4%)
4% - Flexy Corporation Ltd
18.4% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (2.6%)
0.6% - Flexy Corporation Ltd
2.6% - Industry AVG
Employees
with 19 employees, this is below the industry average (54)
19 - Flexy Corporation Ltd
54 - Industry AVG
Pay Structure
on an average salary of £57.5k, the company has an equivalent pay structure (£50.1k)
£57.5k - Flexy Corporation Ltd
£50.1k - Industry AVG
Efficiency
resulting in sales per employee of £2.9m, this is more efficient (£207.7k)
£2.9m - Flexy Corporation Ltd
£207.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (43 days)
0 days - Flexy Corporation Ltd
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Flexy Corporation Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Flexy Corporation Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 13 weeks, this is more cash available to meet short term requirements (7 weeks)
13 weeks - Flexy Corporation Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.5%, this is a higher level of debt than the average (69.3%)
105.5% - Flexy Corporation Ltd
69.3% - Industry AVG
FLEXY CORPORATION LTD financials
EXPORT
Flexy Corporation Ltd's latest turnover from January 2024 is £54.2 million and the company has net assets of -£498 thousand. According to their latest financial statements, Flexy Corporation Ltd has 19 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Dec 2022
Dec 2021
Jan 2021
Jan 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Turnover
54,168,000
38,314,000
974,000
517,000
488,000
626,000
909,820
1,735,163
309,003
Other Income Or Grants
Cost Of Sales
51,989,000
36,995,000
914,000
478,000
419,000
513,000
807,957
1,541,311
274,970
Gross Profit
2,179,000
1,319,000
60,000
39,000
69,000
113,000
101,863
193,852
34,033
Admin Expenses
1,843,000
1,621,000
502,000
447,000
305,000
313,000
284,114
-428,891
51,989
Operating Profit
336,000
-302,000
-442,000
-408,000
-236,000
-200,000
-182,251
622,743
-17,956
Interest Payable
9,000
Interest Receivable
81
163
Pre-Tax Profit
327,000
-302,000
-442,000
-408,000
-236,000
-200,000
-182,251
622,825
-17,793
Tax
48,000
87,000
95,000
107,000
48,000
74,000
-118,337
Profit After Tax
375,000
-215,000
-347,000
-301,000
-188,000
-126,000
-182,251
504,488
-17,793
Dividends Paid
Retained Profit
375,000
-215,000
-347,000
-301,000
-188,000
-126,000
-182,251
504,488
-17,793
Employee Costs
1,092,000
791,000
174,000
264,000
273,000
297,000
236,448
315,040
38,535
Number Of Employees
19
19
10
11
6
6
6
8
1
EBITDA*
791,000
-43,000
-240,000
-291,000
-186,000
-143,000
-182,251
622,743
-17,956
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Dec 2022
Dec 2021
Jan 2021
Jan 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Tangible Assets
14,000
23,000
8,000
10,000
10,000
13,000
203,318
27,968
Intangible Assets
1,653,000
1,356,000
824,000
522,000
280,000
226,000
32,748
Investments & Other
26,000
26,000
26,000
26,000
Debtors (Due After 1 year)
Total Fixed Assets
1,693,000
1,405,000
858,000
558,000
290,000
239,000
203,318
27,968
32,748
Stock & work in progress
Trade Debtors
84,000
169,000
66,000
10,000
25,000
32,000
187,923
476,628
30,241
Group Debtors
3,795,000
5,372,000
160,000
100,000
41,000
Misc Debtors
1,013,000
1,405,000
81,000
107,000
38,000
3,000
Cash
2,530,000
1,287,000
150,000
144,000
59,000
44,000
65,023
misc current assets
36,000
12,537
32,780
total current assets
7,422,000
8,233,000
457,000
361,000
163,000
115,000
200,460
509,408
95,264
total assets
9,115,000
9,638,000
1,315,000
919,000
453,000
354,000
403,778
537,376
128,012
Bank overdraft
Bank loan
Trade Creditors
68,000
54,000
4,000
2,000
1,000
69,841
42,741
45,800
Group/Directors Accounts
7,933,000
8,130,000
1,798,000
1,105,000
411,000
130,000
other short term finances
hp & lease commitments
other current liabilities
1,680,000
2,313,000
121,000
121,000
50,000
45,000
total current liabilities
9,613,000
10,511,000
1,973,000
1,230,000
463,000
176,000
69,841
42,741
45,800
loans
hp & lease commitments
Accruals and Deferred Income
29,493
7,940
other liabilities
provisions
total long term liabilities
29,493
7,940
total liabilities
9,613,000
10,511,000
1,973,000
1,230,000
463,000
176,000
99,334
50,681
45,800
net assets
-498,000
-873,000
-658,000
-311,000
-10,000
178,000
304,444
486,695
82,212
total shareholders funds
-498,000
-873,000
-658,000
-311,000
-10,000
178,000
304,444
486,695
82,212
Jan 2024
Dec 2022
Dec 2021
Jan 2021
Jan 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Operating Activities
Operating Profit
336,000
-302,000
-442,000
-408,000
-236,000
-200,000
-182,251
622,743
-17,956
Depreciation
14,000
8,000
5,000
5,000
3,000
4,000
Amortisation
441,000
251,000
197,000
112,000
47,000
53,000
Tax
48,000
87,000
95,000
107,000
48,000
74,000
-118,337
Stock
Debtors
4,892,000
6,639,000
203,000
113,000
69,000
-152,923
-288,705
446,387
30,241
Creditors
14,000
52,000
2,000
1,000
-68,841
27,100
-3,059
45,800
Accruals and Deferred Income
1,680,000
2,192,000
71,000
71,000
5,000
15,507
21,553
7,940
Deferred Taxes & Provisions
Cash flow from operations
-2,373,000
-4,389,000
-225,000
-224,000
-201,000
30,589
155,107
62,900
-2,397
Investing Activities
capital expenditure
-2,122,000
-806,000
-744,000
-359,000
-101,000
-92,682
-175,350
4,780
-32,748
Change in Investments
26,000
26,000
26,000
cash flow from investments
-2,148,000
-806,000
-770,000
-385,000
-101,000
-92,682
-175,350
4,780
-32,748
Financing Activities
Bank loans
Group/Directors Accounts
7,933,000
6,332,000
1,387,000
694,000
281,000
130,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-873,000
-301,000
-444
-100,005
100,005
interest
-9,000
81
163
cash flow from financing
7,051,000
6,332,000
1,086,000
694,000
281,000
129,556
-99,924
100,168
cash and cash equivalents
cash
2,530,000
1,137,000
91,000
85,000
15,000
44,000
-65,023
65,023
overdraft
change in cash
2,530,000
1,137,000
91,000
85,000
15,000
44,000
-65,023
65,023
flexy corporation 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 flexy corporation ltd. Get real-time insights into flexy corporation ltd's credit score, group structure and payment trends.
Perform a competitor analysis for flexy corporation ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in LU1 area or any other competitors across 12 key performance metrics.
flexy corporation ltd Ownership
FLEXY CORPORATION LTD group structure
Flexy Corporation Ltd has no subsidiary companies.
first floor, mulberry house, parkland square, luton, LU1 3LU
Bank
-
Legal Advisor
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flexy corporation 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 flexy corporation ltd.
flexy corporation ltd Capital Raised & Share Issues BETA
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flexy corporation ltdCompanies House Filings - See Documents
