first empire group ltd

Live YoungMidRapid

first empire group ltd Company Information

Share FIRST EMPIRE GROUP LTD

Company Number

10018832

Shareholders

linlu lv

ruoyu wu

Group Structure

View All

Industry

Retail sale via mail order houses or via Internet

 

Registered Address

6th floor manfield house, 1 southampton street, london, WC2R 0LR

Website

-

first empire group ltd Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of FIRST EMPIRE GROUP LTD at £1.9m based on a Turnover of £5.4m and 0.35x industry multiple (adjusted for size and gross margin).

first empire group ltd Estimated Valuation

£605.3k

Pomanda estimates the enterprise value of FIRST EMPIRE GROUP LTD at £605.3k based on an EBITDA of £146.9k and a 4.12x industry multiple (adjusted for size and gross margin).

first empire group ltd Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of FIRST EMPIRE GROUP LTD at £2.1m based on Net Assets of £964.9k and 2.14x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

First Empire Group Ltd Overview

First Empire Group Ltd is a live company located in london, WC2R 0LR with a Companies House number of 10018832. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in February 2016, it's largest shareholder is linlu lv with a 51% stake. First Empire Group Ltd is a young, mid sized company, Pomanda has estimated its turnover at £5.4m with rapid growth in recent years.

View Sample
View Sample
View Sample

First Empire Group Ltd Health Check

Pomanda's financial health check has awarded First Empire Group Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £5.4m, make it larger than the average company (£445k)

£5.4m - First Empire Group Ltd

£445k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 174%, show it is growing at a faster rate (6.3%)

174% - First Empire Group Ltd

6.3% - Industry AVG

production

Production

with a gross margin of 36.2%, this company has a comparable cost of product (36.2%)

36.2% - First Empire Group Ltd

36.2% - Industry AVG

profitability

Profitability

an operating margin of 2.5% make it less profitable than the average company (4.6%)

2.5% - First Empire Group Ltd

4.6% - Industry AVG

employees

Employees

with 70 employees, this is above the industry average (13)

70 - First Empire Group Ltd

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)

£26.9k - First Empire Group Ltd

£26.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £77.7k, this is less efficient (£182.9k)

£77.7k - First Empire Group Ltd

£182.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 17 days, this is earlier than average (24 days)

17 days - First Empire Group Ltd

24 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - First Empire Group Ltd

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (73 days)

0 days - First Empire Group Ltd

73 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (21 weeks)

51 weeks - First Empire Group Ltd

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.3%, this is a lower level of debt than the average (74.3%)

22.3% - First Empire Group Ltd

74.3% - Industry AVG

FIRST EMPIRE GROUP LTD financials

EXPORTms excel logo

First Empire Group Ltd's latest turnover from February 2020 is estimated at £5.4 million and the company has net assets of £964.9 thousand. According to their latest financial statements, First Empire Group Ltd has 70 employees and maintains cash reserves of £273.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2020Feb 2019Feb 2018Feb 2017
Turnover5,442,4943,323,3593,666,446263,605
Other Income Or Grants
Cost Of Sales3,470,9572,086,1082,238,453163,373
Gross Profit1,971,5371,237,2501,427,993100,232
Admin Expenses1,833,708600,7151,024,48671,186
Operating Profit137,829636,535403,50729,046
Interest Payable
Interest Receivable4,5084,048544
Pre-Tax Profit142,337640,583404,05129,172
Tax-27,044-121,711-76,770-5,868
Profit After Tax115,293518,872327,28123,304
Dividends Paid
Retained Profit115,293518,872327,28123,304
Employee Costs1,882,244323,741174,88710,335
Number Of Employees701165
EBITDA*146,891647,094404,91929,046

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2020Feb 2019Feb 2018Feb 2017
Tangible Assets25,33231,2204,2361,905
Intangible Assets
Investments & Other
Debtors (Due After 1 year)535,385
Total Fixed Assets560,71731,2204,2361,905
Stock & work in progress7,99015,000
Trade Debtors264,229473,973442,67912,419
Group Debtors
Misc Debtors136,198
Cash273,277928,982150,47667,142
misc current assets
total current assets681,6941,417,955593,15579,561
total assets1,242,4111,449,175597,39181,466
Bank overdraft
Bank loan
Trade Creditors 159,28819,434
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities277,561440,330247,27278,062
total current liabilities277,561599,618266,70678,062
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities277,561599,618266,70678,062
net assets964,850849,557330,6853,404
total shareholders funds964,850849,557330,6853,404
Feb 2020Feb 2019Feb 2018Feb 2017
Operating Activities
Operating Profit137,829636,535403,50729,046
Depreciation9,06210,5591,412
Amortisation
Tax-27,044-121,711-76,770-5,868
Stock-7,01015,000
Debtors461,83931,294430,26012,419
Creditors-159,288139,85419,434
Accruals and Deferred Income-162,769193,058169,21078,062
Deferred Taxes & Provisions
Cash flow from operations-657,039812,00186,53388,821
Investing Activities
capital expenditure-3,174-37,543-3,743-1,905
Change in Investments
cash flow from investments-3,174-37,543-3,743-1,905
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-19,900
interest4,5084,048544
cash flow from financing4,5084,048544-19,900
cash and cash equivalents
cash-655,705778,50683,33467,142
overdraft
change in cash-655,705778,50683,33467,142

first empire group ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for first empire group ltd. Get real-time insights into first empire group ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

First Empire Group Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for first empire group ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WC2R area or any other competitors across 12 key performance metrics.

first empire group ltd Ownership

FIRST EMPIRE GROUP LTD group structure

First Empire Group Ltd has no subsidiary companies.

Ultimate parent company

FIRST EMPIRE GROUP LTD

10018832

FIRST EMPIRE GROUP LTD Shareholders

linlu lv 51%
ruoyu wu 49%

first empire group ltd directors

First Empire Group Ltd currently has 2 directors. The longest serving directors include Mr Ruoyu Wu (Feb 2016) and Ms Linlu Lv (Feb 2016).

officercountryagestartendrole
Mr Ruoyu WuEngland35 years Feb 2016- Director
Ms Linlu LvEngland38 years Feb 2016- Director

P&L

February 2020

turnover

5.4m

+64%

operating profit

137.8k

0%

gross margin

36.3%

-2.7%

turnover

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

Balance Sheet

February 2020

net assets

964.9k

+0.14%

total assets

1.2m

-0.14%

cash

273.3k

-0.71%

net assets

Total assets minus all liabilities

first empire group ltd company details

company number

10018832

Type

Private limited with Share Capital

industry

47910 - Retail sale via mail order houses or via Internet

incorporation date

February 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2020

previous names

N/A

accountant

-

auditor

-

address

6th floor manfield house, 1 southampton street, london, WC2R 0LR

Bank

-

Legal Advisor

-

first empire group 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 first empire group ltd.

first empire group 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.

Click to start generating capital raising & share issue transactions for FIRST EMPIRE GROUP LTD. This can take several minutes, an email will notify you when this has completed.

first empire group ltd Companies House Filings - See Documents

datedescriptionview/download