concept flooring services limited
concept flooring services limited Company Information
Company Number
09873525
Website
www.conceptft.comRegistered Address
6a st andrews court, wellington street, thame, OX9 3WT
Industry
Floor and wall covering
Telephone
441494485952
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
concept flooring technology limited 65%
mark simon buxton 30%
View Allconcept flooring services limited Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT FLOORING SERVICES LIMITED at £243.1k based on a Turnover of £822.7k and 0.3x industry multiple (adjusted for size and gross margin).
concept flooring services limited Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT FLOORING SERVICES LIMITED at £0 based on an EBITDA of £-212.3k and a 2.85x industry multiple (adjusted for size and gross margin).
concept flooring services limited Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT FLOORING SERVICES LIMITED at £554.2k based on Net Assets of £301.8k and 1.84x industry multiple (adjusted for liquidity).
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Concept Flooring Services Limited Overview
Concept Flooring Services Limited is a live company located in thame, OX9 3WT with a Companies House number of 09873525. It operates in the floor and wall covering sector, SIC Code 43330. Founded in November 2015, it's largest shareholder is concept flooring technology limited with a 65% stake. Concept Flooring Services Limited is a young, small sized company, Pomanda has estimated its turnover at £822.7k with rapid growth in recent years.
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Concept Flooring Services Limited Health Check
Pomanda's financial health check has awarded Concept Flooring Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £822.7k, make it larger than the average company (£244.7k)
- Concept Flooring Services Limited
£244.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (5.6%)
- Concept Flooring Services Limited
5.6% - Industry AVG
Production
with a gross margin of 20.9%, this company has a higher cost of product (29%)
- Concept Flooring Services Limited
29% - Industry AVG
Profitability
an operating margin of -28.3% make it less profitable than the average company (6.2%)
- Concept Flooring Services Limited
6.2% - Industry AVG
Employees
with 4 employees, this is above the industry average (2)
4 - Concept Flooring Services Limited
2 - Industry AVG
Pay Structure
on an average salary of £30.1k, the company has an equivalent pay structure (£30.1k)
- Concept Flooring Services Limited
£30.1k - Industry AVG
Efficiency
resulting in sales per employee of £205.7k, this is more efficient (£137.6k)
- Concept Flooring Services Limited
£137.6k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (60 days)
- Concept Flooring Services Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (34 days)
- Concept Flooring Services Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is more than average (13 days)
- Concept Flooring Services Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (24 weeks)
36 weeks - Concept Flooring Services Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.9%, this is a lower level of debt than the average (59.4%)
44.9% - Concept Flooring Services Limited
59.4% - Industry AVG
CONCEPT FLOORING SERVICES LIMITED financials
Concept Flooring Services Limited's latest turnover from July 2023 is estimated at £822.7 thousand and the company has net assets of £301.8 thousand. According to their latest financial statements, Concept Flooring Services Limited has 4 employees and maintains cash reserves of £165.5 thousand 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 | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 4 | 6 | 5 | 6 | 5 | 5 | 4 | 3 |
| EBITDA* |
* 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 | 56,329 | 71,679 | 102,615 | 71,355 | 53,412 | 42,325 | 18,968 | 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 | 56,329 | 71,679 | 102,615 | 71,355 | 53,412 | 42,325 | 18,968 | 0 |
| Stock & work in progress | 35,000 | 0 | 0 | 1,802 | 0 | 11,849 | 35,207 | 0 |
| Trade Debtors | 290,928 | 486,202 | 247,150 | 126,995 | 126,116 | 227,595 | 321,409 | 152,097 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 27,549 | 1,231 | 237,721 | 857 | 3,607 | 9,791 |
| Cash | 165,451 | 567,072 | 278,071 | 238,281 | 191,072 | 268,862 | 192,525 | 54,308 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 491,379 | 1,053,274 | 552,770 | 368,309 | 554,909 | 509,163 | 552,748 | 216,196 |
| total assets | 547,708 | 1,124,953 | 655,385 | 439,664 | 608,321 | 551,488 | 571,716 | 216,196 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 233,848 | 600,980 | 173,013 | 64,703 | 212,197 | 130,952 | 172,867 | 103,904 |
| Group/Directors Accounts | 0 | 0 | 18,241 | 14,070 | 14,070 | 14,070 | 44,613 | 39,744 |
| 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 | 104,969 | 114,932 | 86,577 | 67,418 | 104,307 | 33,968 |
| total current liabilities | 233,848 | 600,980 | 296,223 | 193,705 | 312,844 | 212,440 | 321,787 | 177,616 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 12,032 | 7,684 | 13,216 | 9,067 | 7,595 | 4,927 | 3,604 | 0 |
| total long term liabilities | 12,032 | 7,684 | 13,216 | 9,067 | 7,595 | 4,927 | 3,604 | 0 |
| total liabilities | 245,880 | 608,664 | 309,439 | 202,772 | 320,439 | 217,367 | 325,391 | 177,616 |
| net assets | 301,828 | 516,289 | 345,946 | 236,892 | 287,882 | 334,121 | 246,325 | 38,580 |
| total shareholders funds | 301,828 | 516,289 | 345,946 | 236,892 | 287,882 | 334,121 | 246,325 | 38,580 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 20,478 | 24,493 | 15,737 | 22,312 | 17,456 | 14,169 | 6,366 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 35,000 | 0 | -1,802 | 1,802 | -11,849 | -23,358 | 35,207 | 0 |
| Debtors | -195,274 | 211,503 | 146,473 | -235,611 | 135,385 | -96,564 | 163,128 | 161,888 |
| Creditors | -367,132 | 427,967 | 108,310 | -147,494 | 81,245 | -41,915 | 68,963 | 103,904 |
| Accruals and Deferred Income | 0 | -104,969 | -9,963 | 28,355 | 19,159 | -36,889 | 70,339 | 33,968 |
| Deferred Taxes & Provisions | 4,348 | -5,532 | 4,149 | 1,472 | 2,668 | 1,323 | 3,604 | 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 | -18,241 | 4,171 | 0 | 0 | -30,543 | 4,869 | 39,744 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -401,621 | 289,001 | 39,790 | 47,209 | -77,790 | 76,337 | 138,217 | 54,308 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -401,621 | 289,001 | 39,790 | 47,209 | -77,790 | 76,337 | 138,217 | 54,308 |
concept flooring services limited Credit Report and Business Information
Concept Flooring Services Limited Competitor Analysis
Perform a competitor analysis for concept flooring services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in OX9 area or any other competitors across 12 key performance metrics.
concept flooring services limited Ownership
CONCEPT FLOORING SERVICES LIMITED group structure
Concept Flooring Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
CONCEPT FLOORING SERVICES LIMITED
09873525
concept flooring services limited directors
Concept Flooring Services Limited currently has 2 directors. The longest serving directors include Mr Mark Buxton (Nov 2015) and Mr John Hartley (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Buxton | United Kingdom | 46 years | Nov 2015 | - | Director |
| Mr John Hartley | England | 62 years | Nov 2015 | - | Director |
P&L
July 2023turnover
822.7k
-51%
operating profit
-232.8k
0%
gross margin
21%
-2.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
301.8k
-0.42%
total assets
547.7k
-0.51%
cash
165.5k
-0.71%
net assets
Total assets minus all liabilities
concept flooring services limited company details
company number
09873525
Type
Private limited with Share Capital
industry
43330 - Floor and wall covering
incorporation date
November 2015
age
9
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
6a st andrews court, wellington street, thame, OX9 3WT
accountant
FIZZ ACCOUNTING LIMITED
auditor
-
concept flooring services 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 concept flooring services limited.
concept flooring services limited Companies House Filings - See Documents
| date | description | view/download |
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