f&f stores ltd
f&f stores ltd Company Information
Company Number
09707030
Next Accounts
Apr 2025
Industry
Other retail sale not in stores, stalls or markets
Shareholders
f & f stores holdings limited
Group Structure
View All
Contact
Registered Address
8 dawson road, bletchley, milton keynes, MK1 1LH
Website
https://fandfstores.co.uk/f&f stores ltd Estimated Valuation
Pomanda estimates the enterprise value of F&F STORES LTD at £55.5m based on a Turnover of £95.7m and 0.58x industry multiple (adjusted for size and gross margin).
f&f stores ltd Estimated Valuation
Pomanda estimates the enterprise value of F&F STORES LTD at £31.3m based on an EBITDA of £5.5m and a 5.68x industry multiple (adjusted for size and gross margin).
f&f stores ltd Estimated Valuation
Pomanda estimates the enterprise value of F&F STORES LTD at £30.2m based on Net Assets of £15.4m and 1.96x industry multiple (adjusted for liquidity).
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F&f Stores Ltd Overview
F&f Stores Ltd is a live company located in milton keynes, MK1 1LH with a Companies House number of 09707030. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in July 2015, it's largest shareholder is f & f stores holdings limited with a 100% stake. F&f Stores Ltd is a young, large sized company, Pomanda has estimated its turnover at £95.7m with rapid growth in recent years.
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F&f Stores Ltd Health Check
Pomanda's financial health check has awarded F&F Stores Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £95.7m, make it larger than the average company (£1.1m)
£95.7m - F&f Stores Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (6.5%)
42% - F&f Stores Ltd
6.5% - Industry AVG
Production
with a gross margin of 22.2%, this company has a higher cost of product (32%)
22.2% - F&f Stores Ltd
32% - Industry AVG
Profitability
an operating margin of 5.7% make it as profitable than the average company (4.9%)
5.7% - F&f Stores Ltd
4.9% - Industry AVG
Employees
with 108 employees, this is above the industry average (10)
108 - F&f Stores Ltd
10 - Industry AVG
Pay Structure
on an average salary of £26.2k, the company has a lower pay structure (£34.3k)
£26.2k - F&f Stores Ltd
£34.3k - Industry AVG
Efficiency
resulting in sales per employee of £885.9k, this is more efficient (£190.1k)
£885.9k - F&f Stores Ltd
£190.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (31 days)
1 days - F&f Stores Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (36 days)
31 days - F&f Stores Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 47 days, this is less than average (71 days)
47 days - F&f Stores Ltd
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (23 weeks)
6 weeks - F&f Stores Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.3%, this is a lower level of debt than the average (64.8%)
39.3% - F&f Stores Ltd
64.8% - Industry AVG
F&F STORES LTD financials
F&F Stores Ltd's latest turnover from July 2023 is £95.7 million and the company has net assets of £15.4 million. According to their latest financial statements, F&F Stores Ltd has 108 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 95,672,673 | 92,192,890 | 64,882,855 | 33,132,821 | 389,725 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 74,414,600 | 70,327,236 | 51,881,979 | 26,725,870 | 278,571 | |||
| Gross Profit | 21,258,073 | 21,865,654 | 13,000,876 | 6,406,951 | 111,154 | |||
| Admin Expenses | 15,842,876 | 13,116,047 | 7,173,195 | 2,801,366 | 52,746 | |||
| Operating Profit | 5,415,197 | 8,749,607 | 5,827,681 | 3,605,585 | 58,408 | |||
| Interest Payable | 353,109 | 394,255 | 98,117 | 16,659 | 0 | |||
| Interest Receivable | 190,794 | 56,250 | 19,153 | 12,501 | 0 | |||
| Pre-Tax Profit | 5,252,882 | 8,411,602 | 5,748,717 | 3,601,427 | 58,408 | |||
| Tax | -1,073,873 | -1,588,527 | -1,099,792 | -678,267 | -10,006 | |||
| Profit After Tax | 4,179,009 | 6,823,075 | 4,648,925 | 2,923,160 | 48,402 | |||
| Dividends Paid | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 34,014 | |||
| Retained Profit | 3,179,009 | 5,823,075 | 3,648,925 | 2,923,160 | 14,388 | |||
| Employee Costs | 2,827,168 | 2,299,544 | 1,648,657 | 728,496 | ||||
| Number Of Employees | 108 | 80 | 59 | 46 | 16 | 13 | ||
| EBITDA* | 5,511,035 | 8,827,464 | 5,892,741 | 3,650,167 | 61,200 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 431,088 | 467,239 | 258,530 | 241,271 | 78,444 | 36,801 | 30,551 | 8,377 |
| Intangible Assets | 141,266 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 67,034 | 0 | 0 | 0 |
| Total Fixed Assets | 572,354 | 467,239 | 258,530 | 241,271 | 145,478 | 36,801 | 30,551 | 8,377 |
| Stock & work in progress | 9,585,598 | 7,779,404 | 7,487,797 | 3,269,272 | 1,756,014 | 856,239 | 615,272 | 57,828 |
| Trade Debtors | 468,660 | 146,203 | 238,790 | 176,448 | 103,162 | 125,110 | 0 | 0 |
| Group Debtors | 10,344,904 | 12,241,425 | 4,938,987 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,086,742 | 3,193,514 | 1,602,721 | 820,371 | 1,250 | 89,344 | 38,071 | 6,135 |
| Cash | 1,286,171 | 562,342 | 258,235 | 1,631,684 | 462,862 | 497,844 | 275,080 | 83,480 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 37,405 | 37,405 | 1 |
| total current assets | 24,772,075 | 23,922,888 | 14,526,530 | 5,897,775 | 2,360,693 | 1,605,942 | 965,828 | 147,444 |
| total assets | 25,344,429 | 24,390,127 | 14,785,060 | 6,139,046 | 2,506,171 | 1,642,743 | 996,379 | 155,821 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,878 |
| Bank loan | 1,337,723 | 1,302,242 | 1,568,204 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,491,835 | 4,238,107 | 6,001,864 | 1,789,823 | 979,385 | 412,335 | 374,853 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 27,177 | 0 | 0 | 0 |
| other short term finances | 0 | 873,601 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,122,897 | 2,310,413 | 565,102 | 1,608,258 | 1,181,804 | 730,490 | 354,156 | 11,456 |
| total current liabilities | 9,952,455 | 8,724,363 | 8,135,170 | 3,398,081 | 2,188,366 | 1,142,825 | 729,009 | 16,334 |
| loans | 0 | 3,452,799 | 260,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 125,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 3,452,799 | 260,000 | 0 | 0 | 0 | 0 | 125,000 |
| total liabilities | 9,952,455 | 12,177,162 | 8,395,170 | 3,398,081 | 2,188,366 | 1,142,825 | 729,009 | 141,334 |
| net assets | 15,391,974 | 12,212,965 | 6,389,890 | 2,740,965 | 317,805 | 499,918 | 267,370 | 14,487 |
| total shareholders funds | 15,391,974 | 12,212,965 | 6,389,890 | 2,740,965 | 317,805 | 499,918 | 267,370 | 14,487 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 5,415,197 | 8,749,607 | 5,827,681 | 3,605,585 | 58,408 | |||
| Depreciation | 95,838 | 77,857 | 65,060 | 44,582 | 14,349 | 9,121 | 4,316 | 2,792 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,073,873 | -1,588,527 | -1,099,792 | -678,267 | -10,006 | |||
| Stock | 1,806,194 | 291,607 | 4,218,525 | 1,513,258 | 899,775 | 240,967 | 557,444 | 57,828 |
| Debtors | -1,680,836 | 8,800,644 | 5,783,679 | 825,373 | -43,008 | 176,383 | 31,936 | 6,135 |
| Creditors | 2,253,728 | -1,763,757 | 4,212,041 | 810,438 | 567,050 | 37,482 | 374,853 | 0 |
| Accruals and Deferred Income | -187,516 | 1,745,311 | -1,043,156 | 426,454 | 451,314 | 376,334 | 342,700 | 11,456 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 6,378,016 | -1,871,760 | -2,040,370 | 1,870,161 | -1,313 | |||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 35,481 | -265,962 | 1,568,204 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -27,177 | 27,177 | 0 | 0 | 0 |
| Other Short Term Loans | -873,601 | 873,601 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,452,799 | 3,192,799 | 260,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -125,000 | 125,000 |
| share issue | ||||||||
| interest | -162,315 | -338,005 | -78,964 | -4,158 | 0 | |||
| cash flow from financing | -4,453,234 | 3,462,433 | 1,749,240 | -531,335 | 125,099 | |||
| cash and cash equivalents | ||||||||
| cash | 723,829 | 304,107 | -1,373,449 | 1,168,822 | -34,982 | 222,764 | 191,600 | 83,480 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -4,878 | 4,878 |
| change in cash | 723,829 | 304,107 | -1,373,449 | 1,168,822 | -34,982 | 222,764 | 196,478 | 78,602 |
f&f stores ltd Credit Report and Business Information
F&f Stores Ltd Competitor Analysis
Perform a competitor analysis for f&f stores ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in MK1 area or any other competitors across 12 key performance metrics.
f&f stores ltd Ownership
F&F STORES LTD group structure
F&F Stores Ltd has no subsidiary companies.
Ultimate parent company
F&F STORES LTD
09707030
f&f stores ltd directors
F&F Stores Ltd currently has 2 directors. The longest serving directors include Mr Razvan Florea (Jul 2015) and Mrs Alexandra Florea (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Razvan Florea | England | 43 years | Jul 2015 | - | Director |
| Mrs Alexandra Florea | England | 41 years | Jul 2015 | - | Director |
P&L
July 2023turnover
95.7m
+4%
operating profit
5.4m
-38%
gross margin
22.3%
-6.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
15.4m
+0.26%
total assets
25.3m
+0.04%
cash
1.3m
+1.29%
net assets
Total assets minus all liabilities
f&f stores ltd company details
company number
09707030
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
July 2015
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
MDG BUSINESS ASSOCIATES AUDIT LIMITED
address
8 dawson road, bletchley, milton keynes, MK1 1LH
Bank
-
Legal Advisor
-
f&f stores 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 found 5 charges/mortgages relating to f&f stores ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
f&f stores ltd Companies House Filings - See Documents
| date | description | view/download |
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