folorunsho ltd
folorunsho ltd Company Information
Company Number
09866766
Next Accounts
Aug 2025
Directors
Shareholders
matthew folorunsho adeyeye
Group Structure
View All
Industry
Security dealing on own account
Registered Address
78 lympstone gardens, peckham, london, SE15 1AZ
Website
-folorunsho ltd Estimated Valuation
Pomanda estimates the enterprise value of FOLORUNSHO LTD at £78.3k based on a Turnover of £105.1k and 0.75x industry multiple (adjusted for size and gross margin).
folorunsho ltd Estimated Valuation
Pomanda estimates the enterprise value of FOLORUNSHO LTD at £0 based on an EBITDA of £-1.7k and a 2.21x industry multiple (adjusted for size and gross margin).
folorunsho ltd Estimated Valuation
Pomanda estimates the enterprise value of FOLORUNSHO LTD at £943 based on Net Assets of £504 and 1.87x industry multiple (adjusted for liquidity).
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Folorunsho Ltd Overview
Folorunsho Ltd is a live company located in london, SE15 1AZ with a Companies House number of 09866766. It operates in the security dealing on own account sector, SIC Code 64991. Founded in November 2015, it's largest shareholder is matthew folorunsho adeyeye with a 100% stake. Folorunsho Ltd is a established, micro sized company, Pomanda has estimated its turnover at £105.1k with low growth in recent years.
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Folorunsho Ltd Health Check
Pomanda's financial health check has awarded Folorunsho 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
0 Strong
2 Regular
8 Weak
Size
annual sales of £105.1k, make it smaller than the average company (£12.6m)
- Folorunsho Ltd
£12.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.9%)
- Folorunsho Ltd
4.9% - Industry AVG
Production
with a gross margin of 13.3%, this company has a higher cost of product (70.1%)
- Folorunsho Ltd
70.1% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (12.2%)
- Folorunsho Ltd
12.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - Folorunsho Ltd
10 - Industry AVG
Pay Structure
on an average salary of £109.3k, the company has an equivalent pay structure (£109.3k)
- Folorunsho Ltd
£109.3k - Industry AVG
Efficiency
resulting in sales per employee of £105.1k, this is less efficient (£470k)
- Folorunsho Ltd
£470k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is near the average (116 days)
- Folorunsho Ltd
116 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (7 days)
- Folorunsho Ltd
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Folorunsho Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Folorunsho Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.4%, this is a higher level of debt than the average (62.7%)
98.4% - Folorunsho Ltd
62.7% - Industry AVG
FOLORUNSHO LTD financials
Folorunsho Ltd's latest turnover from November 2023 is estimated at £105.1 thousand and the company has net assets of £504. According to their latest financial statements, Folorunsho Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 16,400 | |||||||
| Other Income Or Grants | 0 | |||||||
| Cost Of Sales | 0 | |||||||
| Gross Profit | 16,400 | |||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | 0 | |||||||
| Interest Receivable | 0 | |||||||
| Pre-Tax Profit | -775 | |||||||
| Tax | 0 | |||||||
| Profit After Tax | -775 | |||||||
| Dividends Paid | 0 | |||||||
| Retained Profit | -775 | |||||||
| Employee Costs | 4,000 | |||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 178 | 237 | 316 | 422 | 563 | 844 | 1,312 | 0 |
| Intangible Assets | 0 | 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 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 178 | 237 | 316 | 422 | 563 | 844 | 1,312 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 30,648 | 31,524 | 33,117 | 33,114 | 1,748 | 123 | 0 | 1 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 813 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 30,648 | 31,524 | 33,117 | 33,114 | 1,748 | 123 | 813 | 1 |
| total assets | 30,826 | 31,761 | 33,433 | 33,536 | 2,311 | 967 | 2,125 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 419 | 464 | 1,093 | 2,030 | 940 | 550 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 550 | 0 |
| total current liabilities | 419 | 464 | 1,093 | 2,030 | 940 | 550 | 550 | 0 |
| loans | 0 | 0 | 0 | 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 | 29,903 | 29,093 | 29,530 | 30,000 | 1,207 | 1,377 | 2,349 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 29,903 | 29,093 | 29,530 | 30,000 | 1,207 | 1,377 | 2,349 | 0 |
| total liabilities | 30,322 | 29,557 | 30,623 | 32,030 | 2,147 | 1,927 | 2,899 | 0 |
| net assets | 504 | 2,204 | 2,810 | 1,506 | 164 | -960 | -774 | 1 |
| total shareholders funds | 504 | 2,204 | 2,810 | 1,506 | 164 | -960 | -774 | 1 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 375 | 0 | ||||||
| Amortisation | 0 | 0 | ||||||
| Tax | 0 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -876 | -1,593 | 3 | 31,366 | 1,625 | 123 | -1 | 1 |
| Creditors | -45 | -629 | -937 | 1,090 | 390 | 550 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -550 | 550 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 810 | -437 | -470 | 28,793 | -170 | -972 | 2,349 | 0 |
| share issue | ||||||||
| interest | 0 | |||||||
| cash flow from financing | 2,349 | |||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -813 | 813 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -813 | 813 | 0 |
folorunsho ltd Credit Report and Business Information
Folorunsho Ltd Competitor Analysis
Perform a competitor analysis for folorunsho ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SE15 area or any other competitors across 12 key performance metrics.
folorunsho ltd Ownership
FOLORUNSHO LTD group structure
Folorunsho Ltd has no subsidiary companies.
Ultimate parent company
FOLORUNSHO LTD
09866766
folorunsho ltd directors
Folorunsho Ltd currently has 1 director, Mr Matthew Adeyeye serving since Nov 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Adeyeye | United Kingdom | 51 years | Nov 2015 | - | Director |
P&L
November 2023turnover
105.1k
+106%
operating profit
-1.7k
0%
gross margin
13.3%
-9.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
504
-0.77%
total assets
30.8k
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
folorunsho ltd company details
company number
09866766
Type
Private limited with Share Capital
industry
64991 - Security dealing on own account
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
78 lympstone gardens, peckham, london, SE15 1AZ
Bank
-
Legal Advisor
-
folorunsho 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 folorunsho ltd.
folorunsho 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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folorunsho ltd Companies House Filings - See Documents
| date | description | view/download |
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