ffw u.k. limited
ffw u.k. limited Company Information
Company Number
09542153
Website
ffwagency.comRegistered Address
discovery park innovation way, discovery park, sandwich, kent, CT13 9FF
Industry
Business and domestic software development
Telephone
01304806908
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
ffw danmark aps 100%
ffw u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of FFW U.K. LIMITED at £12.5m based on a Turnover of £19.4m and 0.65x industry multiple (adjusted for size and gross margin).
ffw u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of FFW U.K. LIMITED at £1.5m based on an EBITDA of £362.8k and a 4.26x industry multiple (adjusted for size and gross margin).
ffw u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of FFW U.K. LIMITED at £1.6m based on Net Assets of £658k and 2.37x industry multiple (adjusted for liquidity).
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Ffw U.k. Limited Overview
Ffw U.k. Limited is a live company located in sandwich, CT13 9FF with a Companies House number of 09542153. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2015, it's largest shareholder is ffw danmark aps with a 100% stake. Ffw U.k. Limited is a young, mid sized company, Pomanda has estimated its turnover at £19.4m with rapid growth in recent years.
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Ffw U.k. Limited Health Check
Pomanda's financial health check has awarded Ffw U.K. Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £19.4m, make it larger than the average company (£4.5m)
£19.4m - Ffw U.k. Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 105%, show it is growing at a faster rate (9.9%)
- Ffw U.k. Limited
9.9% - Industry AVG
Production
with a gross margin of 7.9%, this company has a higher cost of product (72.5%)
7.9% - Ffw U.k. Limited
72.5% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (3.7%)
1.7% - Ffw U.k. Limited
3.7% - Industry AVG
Employees
with 17 employees, this is below the industry average (40)
17 - Ffw U.k. Limited
40 - Industry AVG
Pay Structure
on an average salary of £77k, the company has an equivalent pay structure (£72.2k)
£77k - Ffw U.k. Limited
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£120.9k)
£1.1m - Ffw U.k. Limited
£120.9k - Industry AVG
Debtor Days
it gets paid by customers after 118 days, this is later than average (58 days)
118 days - Ffw U.k. Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (39 days)
6 days - Ffw U.k. Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ffw U.k. Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (18 weeks)
17 weeks - Ffw U.k. Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.2%, this is a higher level of debt than the average (61.4%)
93.2% - Ffw U.k. Limited
61.4% - Industry AVG
FFW U.K. LIMITED financials
Ffw U.K. Limited's latest turnover from December 2023 is £19.4 million and the company has net assets of £658 thousand. According to their latest financial statements, Ffw U.K. Limited has 17 employees and maintains cash reserves of £3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,367,066 | 15,723,473 | 2,863,720 | 3,585,450 | 3,335,574 | 1,856,544 | 38,477 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 17,832,706 | 14,498,606 | 1,885,690 | 2,341,021 | 2,455,092 | 1,183,916 | 0 | ||
| Gross Profit | 1,534,360 | 1,224,867 | 978,030 | 1,244,429 | 880,482 | 672,628 | 38,477 | ||
| Admin Expenses | 1,204,919 | 718,286 | 707,946 | 796,885 | 829,975 | 891,105 | 225,738 | ||
| Operating Profit | 329,441 | 506,581 | 270,084 | 447,544 | 50,507 | -218,477 | -187,261 | ||
| Interest Payable | 47,596 | 0 | 0 | 0 | 0 | 3 | 0 | ||
| Interest Receivable | 6,950 | 21,187 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 288,795 | 527,768 | 270,084 | 447,544 | 50,507 | -218,480 | -187,261 | ||
| Tax | -68,317 | -103,956 | -51,397 | -18,386 | 0 | 0 | 0 | ||
| Profit After Tax | 220,478 | 423,812 | 218,687 | 429,158 | 50,507 | -218,480 | -187,261 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 220,478 | 423,812 | 218,687 | 429,158 | 50,507 | -218,480 | -187,261 | ||
| Employee Costs | 1,308,702 | 963,552 | 440,544 | 503,562 | 448,482 | 313,583 | 153,917 | ||
| Number Of Employees | 17 | 13 | 11 | 5 | 6 | 7 | 5 | 3 | 2 |
| EBITDA* | 362,825 | 518,823 | 275,532 | 454,432 | 54,920 | -216,459 | -186,447 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 76,552 | 62,017 | 11,145 | 4,761 | 6,603 | 10,111 | 14,589 | 3,461 | 5,047 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 550,000 | 950,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 76,552 | 612,017 | 961,145 | 4,761 | 6,603 | 10,111 | 14,589 | 3,461 | 5,047 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,264,320 | 5,742,518 | 4,569,308 | 672,893 | 495,438 | 810,830 | 987,293 | 670,194 | 46,172 |
| Group Debtors | 0 | 48,845 | 27,658 | 2,028,032 | 845,568 | 0 | 1,285 | 31,336 | 100 |
| Misc Debtors | 364,282 | 177,362 | 58,478 | 96,106 | 23,278 | 11,705 | 13,885 | 12,695 | 4,244 |
| Cash | 3,013,649 | 621,101 | 545,664 | 343,762 | 399,174 | 7,742 | 50,518 | 45,177 | 19,155 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,642,251 | 6,589,826 | 5,201,108 | 3,140,793 | 1,763,458 | 830,277 | 1,052,981 | 759,402 | 69,671 |
| total assets | 9,718,803 | 7,201,843 | 6,162,253 | 3,145,554 | 1,770,061 | 840,388 | 1,067,570 | 762,863 | 74,718 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 309,455 | 320,254 | 26,695 | 4,387 | 16,980 | 24,804 | 41,447 | 14,537 | 11,164 |
| Group/Directors Accounts | 1,947,849 | 2,361,598 | 1,700,938 | 0 | 0 | 363,866 | 1,063,441 | 763,133 | 231,260 |
| other short term finances | 3,576,164 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,208,190 | 4,066,958 | 4,418,785 | 3,139,166 | 1,459,247 | 375,976 | 317,816 | 390,834 | 19,455 |
| total current liabilities | 9,041,658 | 6,748,810 | 6,146,418 | 3,143,553 | 1,476,227 | 764,646 | 1,422,704 | 1,168,504 | 261,879 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 19,138 | 15,504 | 2,118 | 905 | 1,123 | 1,718 | 0 | 0 | 0 |
| total long term liabilities | 19,138 | 15,504 | 2,118 | 905 | 1,123 | 1,718 | 0 | 0 | 0 |
| total liabilities | 9,060,796 | 6,764,314 | 6,148,536 | 3,144,458 | 1,477,350 | 766,364 | 1,422,704 | 1,168,504 | 261,879 |
| net assets | 658,007 | 437,529 | 13,717 | 1,096 | 292,711 | 74,024 | -355,134 | -405,641 | -187,161 |
| total shareholders funds | 658,007 | 437,529 | 13,717 | 1,096 | 292,711 | 74,024 | -355,134 | -405,641 | -187,161 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 329,441 | 506,581 | 270,084 | 447,544 | 50,507 | -218,477 | -187,261 | ||
| Depreciation | 33,384 | 12,242 | 4,049 | 6,649 | 5,448 | 6,888 | 4,413 | 2,018 | 814 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -68,317 | -103,956 | -51,397 | -18,386 | 0 | 0 | 0 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 109,877 | 913,281 | 2,808,413 | 1,432,747 | 541,749 | -179,928 | 288,238 | 663,709 | 50,516 |
| Creditors | -10,799 | 293,559 | 22,308 | -12,593 | -7,824 | -16,643 | 26,910 | 3,373 | 11,164 |
| Accruals and Deferred Income | -858,768 | -351,827 | 1,279,619 | 1,679,919 | 1,083,271 | 58,160 | -73,018 | 371,379 | 19,455 |
| Deferred Taxes & Provisions | 3,634 | 13,386 | 1,213 | -218 | -595 | 1,718 | 0 | 0 | 0 |
| Cash flow from operations | -681,302 | -543,296 | 757,238 | 659,209 | -279,426 | -505,416 | -206,344 | ||
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | |||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -413,749 | 660,660 | 1,700,938 | 0 | -363,866 | -699,575 | 300,308 | 531,873 | 231,260 |
| Other Short Term Loans | 3,576,164 | 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 | 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 | -40,646 | 21,187 | 0 | 0 | 0 | -3 | 0 | ||
| cash flow from financing | 3,121,769 | 681,847 | -363,866 | -699,575 | 300,308 | 531,870 | 231,360 | ||
| cash and cash equivalents | |||||||||
| cash | 2,392,548 | 75,437 | 201,902 | -55,412 | 391,432 | -42,776 | 5,341 | 26,022 | 19,155 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,392,548 | 75,437 | 201,902 | -55,412 | 391,432 | -42,776 | 5,341 | 26,022 | 19,155 |
ffw u.k. limited Credit Report and Business Information
Ffw U.k. Limited Competitor Analysis
Perform a competitor analysis for ffw u.k. limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in CT13 area or any other competitors across 12 key performance metrics.
ffw u.k. limited Ownership
FFW U.K. LIMITED group structure
Ffw U.K. Limited has no subsidiary companies.
Ultimate parent company
CELINE SIEBEN GMBH
#0156890
FFW DANMARK APS
#0156889
2 parents
FFW U.K. LIMITED
09542153
ffw u.k. limited directors
Ffw U.K. Limited currently has 2 directors. The longest serving directors include Mr Thomas Pedersen (Apr 2015) and Mr Michael Drejer (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Pedersen | United Kingdom | 56 years | Apr 2015 | - | Director |
| Mr Michael Drejer | United Kingdom | 46 years | Jun 2020 | - | Director |
P&L
December 2023turnover
19.4m
+23%
operating profit
329.4k
-35%
gross margin
8%
+1.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
658k
+0.5%
total assets
9.7m
+0.35%
cash
3m
+3.85%
net assets
Total assets minus all liabilities
ffw u.k. limited company details
company number
09542153
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 2015
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
propeople u.k. limited (May 2015)
accountant
-
auditor
KRESTON REEVES LLP
address
discovery park innovation way, discovery park, sandwich, kent, CT13 9FF
Bank
HSBC BANK PLC
Legal Advisor
-
ffw u.k. 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 ffw u.k. limited.
ffw u.k. limited Companies House Filings - See Documents
| date | description | view/download |
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