far beyond driven limited

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far beyond driven limited Company Information

Share FAR BEYOND DRIVEN LIMITED

Company Number

09917775

Shareholders

ian mark thirkill

naomi thirkill

Group Structure

View All

Industry

Support activities to performing arts

 

Registered Address

the old workshop, 1 ecclesall road south, sheffield, S11 9PA

far beyond driven limited Estimated Valuation

£199.9k

Pomanda estimates the enterprise value of FAR BEYOND DRIVEN LIMITED at £199.9k based on a Turnover of £483.4k and 0.41x industry multiple (adjusted for size and gross margin).

far beyond driven limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FAR BEYOND DRIVEN LIMITED at £0 based on an EBITDA of £-13.1k and a 5.33x industry multiple (adjusted for size and gross margin).

far beyond driven limited Estimated Valuation

£102.8k

Pomanda estimates the enterprise value of FAR BEYOND DRIVEN LIMITED at £102.8k based on Net Assets of £108.8k and 0.95x industry multiple (adjusted for liquidity).

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Far Beyond Driven Limited Overview

Far Beyond Driven Limited is a live company located in sheffield, S11 9PA with a Companies House number of 09917775. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in December 2015, it's largest shareholder is ian mark thirkill with a 50% stake. Far Beyond Driven Limited is a established, micro sized company, Pomanda has estimated its turnover at £483.4k with rapid growth in recent years.

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Far Beyond Driven Limited Health Check

Pomanda's financial health check has awarded Far Beyond Driven Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £483.4k, make it larger than the average company (£283.4k)

£483.4k - Far Beyond Driven Limited

£283.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (9.8%)

34% - Far Beyond Driven Limited

9.8% - Industry AVG

production

Production

with a gross margin of 12.7%, this company has a higher cost of product (33.6%)

12.7% - Far Beyond Driven Limited

33.6% - Industry AVG

profitability

Profitability

an operating margin of -2.7% make it less profitable than the average company (4.1%)

-2.7% - Far Beyond Driven Limited

4.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - Far Beyond Driven Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.3k, the company has an equivalent pay structure (£31.3k)

£31.3k - Far Beyond Driven Limited

£31.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £241.7k, this is more efficient (£82.3k)

£241.7k - Far Beyond Driven Limited

£82.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is later than average (15 days)

60 days - Far Beyond Driven Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 149 days, this is slower than average (29 days)

149 days - Far Beyond Driven Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Far Beyond Driven Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Far Beyond Driven Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.6%, this is a higher level of debt than the average (33.5%)

68.6% - Far Beyond Driven Limited

33.5% - Industry AVG

FAR BEYOND DRIVEN LIMITED financials

EXPORTms excel logo

Far Beyond Driven Limited's latest turnover from December 2023 is estimated at £483.4 thousand and the company has net assets of £108.8 thousand. According to their latest financial statements, Far Beyond Driven Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover483,448441,181354,783200,068290,315197,966122,000107,408
Other Income Or Grants
Cost Of Sales421,893374,312345,353177,294252,896175,651106,33989,694
Gross Profit61,55566,8699,43022,77537,41922,31515,66117,714
Admin Expenses74,64618,694-116,64473,806-1,70815,35721,75317,109
Operating Profit-13,09148,175126,074-51,03139,1276,958-6,092605
Interest Payable
Interest Receivable4522
Pre-Tax Profit-13,09148,175126,074-51,03139,1276,958-6,047628
Tax-9,153-23,954-7,434-1,322-125
Profit After Tax-13,09139,022102,120-51,03131,6935,636-6,047502
Dividends Paid
Retained Profit-13,09139,022102,120-51,03131,6935,636-6,047502
Employee Costs62,65956,21228,78428,06128,39426,82725,32825,990
Number Of Employees22111111
EBITDA*-13,09148,175126,074-51,03139,1276,958-6,09220,340

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets265,743213,603161,325122,007152,428138,41089,46859,203
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets265,743213,603161,325122,007152,428138,41089,46859,203
Stock & work in progress
Trade Debtors80,623103,711108,67631,06540,22826,20316,8843,936
Group Debtors
Misc Debtors
Cash17,962
misc current assets
total current assets80,623103,711108,67631,06540,22826,20316,88421,898
total assets346,366317,314270,001153,072192,656164,613106,35281,101
Bank overdraft
Bank loan
Trade Creditors 173,364117,289126,65472,97583,85080,44664,00666,004
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities173,364117,289126,65472,97583,85080,44664,00666,004
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities64,19878,13060,47499,34477,02284,07647,89114,594
provisions
total long term liabilities64,19878,13060,47499,34477,02284,07647,89114,594
total liabilities237,562195,419187,128172,319160,872164,522111,89780,598
net assets108,804121,89582,873-19,24731,78491-5,545503
total shareholders funds108,804121,89582,873-19,24731,78491-5,545503
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit-13,09148,175126,074-51,03139,1276,958-6,092605
Depreciation19,735
Amortisation
Tax-9,153-23,954-7,434-1,322-125
Stock
Debtors-23,088-4,96577,611-9,16314,0259,31912,9483,936
Creditors56,075-9,36553,679-10,8753,40416,440-1,99866,004
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations66,07234,62278,188-52,74321,07212,757-21,03882,283
Investing Activities
capital expenditure-52,140-52,278-39,31830,421-14,018-48,942-30,265-78,938
Change in Investments
cash flow from investments-52,140-52,278-39,31830,421-14,018-48,942-30,265-78,938
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-13,93217,656-38,87022,322-7,05436,18533,29714,594
share issue-11
interest4522
cash flow from financing-13,93217,656-38,87022,322-7,05436,18533,34114,617
cash and cash equivalents
cash-17,96217,962
overdraft
change in cash-17,96217,962

far beyond driven limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Far Beyond Driven Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for far beyond driven limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in S11 area or any other competitors across 12 key performance metrics.

far beyond driven limited Ownership

FAR BEYOND DRIVEN LIMITED group structure

Far Beyond Driven Limited has no subsidiary companies.

Ultimate parent company

FAR BEYOND DRIVEN LIMITED

09917775

FAR BEYOND DRIVEN LIMITED Shareholders

ian mark thirkill 50%
naomi thirkill 50%

far beyond driven limited directors

Far Beyond Driven Limited currently has 2 directors. The longest serving directors include Mr Ian Thirkill (Dec 2015) and Mrs Naomi Thirkill (Jan 2023).

officercountryagestartendrole
Mr Ian Thirkill39 years Dec 2015- Director
Mrs Naomi Thirkill44 years Jan 2023- Director

P&L

December 2023

turnover

483.4k

+10%

operating profit

-13.1k

0%

gross margin

12.8%

-15.99%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

108.8k

-0.11%

total assets

346.4k

+0.09%

cash

0

0%

net assets

Total assets minus all liabilities

far beyond driven limited company details

company number

09917775

Type

Private limited with Share Capital

industry

90020 - Support activities to performing arts

incorporation date

December 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

the old workshop, 1 ecclesall road south, sheffield, S11 9PA

Bank

-

Legal Advisor

-

far beyond driven 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 far beyond driven limited.

far beyond driven limited 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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far beyond driven limited Companies House Filings - See Documents

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