fch2 (uk) limited
fch2 (uk) limited Company Information
Company Number
10023022
Website
-Registered Address
3 more london riverside, 4th floor, london, SE1 2AQ
Industry
Hotels and similar accommodation
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Mike Pille5 Years
Shareholders
fch2 (jersey) limited 100%
fch2 (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of FCH2 (UK) LIMITED at £3.1m based on a Turnover of £2.1m and 1.47x industry multiple (adjusted for size and gross margin).
fch2 (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of FCH2 (UK) LIMITED at £1.2m based on an EBITDA of £197.2k and a 6.06x industry multiple (adjusted for size and gross margin).
fch2 (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of FCH2 (UK) LIMITED at £418.1k based on Net Assets of £213.1k and 1.96x industry multiple (adjusted for liquidity).
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Fch2 (uk) Limited Overview
Fch2 (uk) Limited is a live company located in london, SE1 2AQ with a Companies House number of 10023022. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in February 2016, it's largest shareholder is fch2 (jersey) limited with a 100% stake. Fch2 (uk) Limited is a young, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
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Fch2 (uk) Limited Health Check
Pomanda's financial health check has awarded Fch2 (Uk) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£5.5m)
£2.1m - Fch2 (uk) Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (7.5%)
37% - Fch2 (uk) Limited
7.5% - Industry AVG
Production
with a gross margin of 95.4%, this company has a lower cost of product (62.8%)
95.4% - Fch2 (uk) Limited
62.8% - Industry AVG
Profitability
an operating margin of 4.5% make it less profitable than the average company (8.5%)
4.5% - Fch2 (uk) Limited
8.5% - Industry AVG
Employees
with 18 employees, this is below the industry average (82)
18 - Fch2 (uk) Limited
82 - Industry AVG
Pay Structure
on an average salary of £23.7k, the company has an equivalent pay structure (£23.7k)
- Fch2 (uk) Limited
£23.7k - Industry AVG
Efficiency
resulting in sales per employee of £119.1k, this is more efficient (£74k)
£119.1k - Fch2 (uk) Limited
£74k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is later than average (7 days)
11 days - Fch2 (uk) Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 574 days, this is slower than average (44 days)
574 days - Fch2 (uk) Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fch2 (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (6 weeks)
68 weeks - Fch2 (uk) Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.8%, this is a similar level of debt than the average (76.5%)
83.8% - Fch2 (uk) Limited
76.5% - Industry AVG
FCH2 (UK) LIMITED financials
Fch2 (Uk) Limited's latest turnover from December 2023 is £2.1 million and the company has net assets of £213.1 thousand. According to their latest financial statements, Fch2 (Uk) Limited has 18 employees and maintains cash reserves of £703 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 2,143,521 | 1,861,128 | 1,447,514 | 836,621 | 1,572,512 | 1,565,934 | 1,648,580 | 1,269,777 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 98,034 | 94,168 | 68,100 | 53,305 | 568,581 | 434,911 | 499,118 | 564,646 |
| Gross Profit | 2,045,487 | 1,766,960 | 1,379,414 | 783,316 | 1,003,931 | 1,131,023 | 1,149,462 | 705,131 |
| Admin Expenses | 1,949,295 | 1,729,781 | 1,398,330 | 760,868 | 1,044,831 | 1,138,770 | 1,135,241 | 688,584 |
| Operating Profit | 96,192 | 37,179 | -18,916 | 22,448 | -40,900 | -7,747 | 14,221 | 16,547 |
| Interest Payable | 53,043 | 20,405 | 13,751 | 39,329 | 37,008 | 34,824 | 32,767 | 20,790 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 43,149 | 16,774 | -32,667 | -16,881 | -77,908 | -42,571 | -18,546 | -1,243 |
| Tax | -23,647 | -80,854 | 0 | 0 | -4,688 | 12,802 | -2,332 | -4,028 |
| Profit After Tax | 19,502 | -64,080 | -32,667 | -16,881 | -82,596 | -29,769 | -20,878 | -5,271 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 19,502 | -64,080 | -32,667 | -16,881 | -82,596 | -29,769 | -20,878 | -5,271 |
| Employee Costs | ||||||||
| Number Of Employees | 18 | 11 | 9 | 9 | 11 | 11 | 12 | |
| EBITDA* | 197,154 | 142,470 | 86,258 | 126,915 | 90,558 | 137,853 | 164,031 | 115,737 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 515,298 | 552,216 | 657,507 | 722,647 | 768,587 | 853,096 | 520,302 | 622,857 |
| 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 | 515,298 | 552,216 | 657,507 | 722,647 | 768,587 | 853,096 | 520,302 | 622,857 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 68,680 | 77,850 | 97,043 | 405,599 | 145,736 | 91,212 | 63,539 | 151,683 |
| Group Debtors | 0 | 0 | 0 | 0 | 75,331 | 77,712 | 12,162 | 0 |
| Misc Debtors | 25,456 | 66,880 | 65,947 | 61,451 | 63,080 | 28,372 | 31,172 | 65,576 |
| Cash | 702,984 | 419,780 | 274,170 | 83,465 | 301,106 | 439,796 | 499,718 | 323,772 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 797,120 | 564,510 | 437,160 | 550,515 | 585,253 | 637,092 | 606,591 | 541,031 |
| total assets | 1,312,418 | 1,116,726 | 1,094,667 | 1,273,162 | 1,353,840 | 1,490,188 | 1,126,893 | 1,163,888 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 154,384 | 160,386 | 263,754 | 245,846 | 289,179 | 39,057 | 43,714 | 32,234 |
| 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 | 378,688 | 252,037 | 158,219 | 415,706 | 397,786 | 644,438 | 369,411 | 432,107 |
| total current liabilities | 533,072 | 412,423 | 421,973 | 661,552 | 686,965 | 683,495 | 413,125 | 464,341 |
| loans | 490,829 | 631,626 | 680,000 | 588,537 | 626,920 | 684,142 | 555,088 | 522,321 |
| 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 | 2,288 | 0 | 0 | 0 | 0 | 0 |
| provisions | 75,401 | 72,903 | 0 | 0 | 0 | 0 | 6,360 | 4,028 |
| total long term liabilities | 566,230 | 704,529 | 682,288 | 588,537 | 626,920 | 684,142 | 561,448 | 526,349 |
| total liabilities | 1,099,302 | 1,116,952 | 1,104,261 | 1,250,089 | 1,313,885 | 1,367,637 | 974,573 | 990,690 |
| net assets | 213,116 | -226 | -9,594 | 23,073 | 39,955 | 122,551 | 152,320 | 173,198 |
| total shareholders funds | 213,116 | -226 | -9,594 | 23,073 | 39,955 | 122,551 | 152,320 | 173,198 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 96,192 | 37,179 | -18,916 | 22,448 | -40,900 | -7,747 | 14,221 | 16,547 |
| Depreciation | 100,962 | 105,291 | 105,174 | 104,467 | 131,458 | 145,600 | 149,810 | 99,190 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -23,647 | -80,854 | 0 | 0 | -4,688 | 12,802 | -2,332 | -4,028 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -50,594 | -18,260 | -304,060 | 182,903 | 86,851 | 90,423 | -110,386 | 217,259 |
| Creditors | -6,002 | -103,368 | 17,908 | -43,333 | 250,122 | -4,657 | 11,480 | 32,234 |
| Accruals and Deferred Income | 126,651 | 93,818 | -257,487 | 17,920 | -246,652 | 275,027 | -62,696 | 432,107 |
| Deferred Taxes & Provisions | 2,498 | 72,903 | 0 | 0 | 0 | -6,360 | 2,332 | 4,028 |
| Cash flow from operations | 347,248 | 143,229 | 150,739 | -81,401 | 2,489 | 324,242 | 223,201 | 362,819 |
| 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 | -140,797 | -48,374 | 91,463 | -38,383 | -57,222 | 129,054 | 32,767 | 522,321 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -2,288 | 2,288 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -53,043 | -20,405 | -13,751 | -39,329 | -37,008 | -34,824 | -32,767 | -20,790 |
| cash flow from financing | 0 | 2,381 | 80,000 | -77,713 | -94,230 | 94,230 | 0 | 680,000 |
| cash and cash equivalents | ||||||||
| cash | 283,204 | 145,610 | 190,705 | -217,641 | -138,690 | -59,922 | 175,946 | 323,772 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 283,204 | 145,610 | 190,705 | -217,641 | -138,690 | -59,922 | 175,946 | 323,772 |
fch2 (uk) limited Credit Report and Business Information
Fch2 (uk) Limited Competitor Analysis
Perform a competitor analysis for fch2 (uk) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in SE1 area or any other competitors across 12 key performance metrics.
fch2 (uk) limited Ownership
FCH2 (UK) LIMITED group structure
Fch2 (Uk) Limited has no subsidiary companies.
Ultimate parent company
FCH2 (JERSEY) LTD
#0103935
1 parent
FCH2 (UK) LIMITED
10023022
fch2 (uk) limited directors
Fch2 (Uk) Limited currently has 1 director, Mr Mike Pille serving since Sep 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mike Pille | England | 36 years | Sep 2019 | - | Director |
P&L
December 2023turnover
2.1m
+15%
operating profit
96.2k
+159%
gross margin
95.5%
+0.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
213.1k
-943.99%
total assets
1.3m
+0.18%
cash
703k
+0.67%
net assets
Total assets minus all liabilities
fch2 (uk) limited company details
company number
10023022
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
February 2016
age
8
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
3 more london riverside, 4th floor, london, SE1 2AQ
accountant
-
auditor
KING & KING
fch2 (uk) 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 fch2 (uk) limited.
fch2 (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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