fairtile ltd

fairtile ltd Company Information

Share FAIRTILE LTD
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Company Number

10092345

Industry

Business and domestic software development

 

Shareholders

cristano motto

corrado giannasca

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Group Structure

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Contact

Registered Address

59-60 russell square, london, WC1B 4HP

fairtile ltd Estimated Valuation

£126.9k

Pomanda estimates the enterprise value of FAIRTILE LTD at £126.9k based on a Turnover of £182.2k and 0.7x industry multiple (adjusted for size and gross margin).

fairtile ltd Estimated Valuation

£11.8k

Pomanda estimates the enterprise value of FAIRTILE LTD at £11.8k based on an EBITDA of £2.8k and a 4.18x industry multiple (adjusted for size and gross margin).

fairtile ltd Estimated Valuation

£532.4k

Pomanda estimates the enterprise value of FAIRTILE LTD at £532.4k based on Net Assets of £224.9k and 2.37x industry multiple (adjusted for liquidity).

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Fairtile Ltd Overview

Fairtile Ltd is a live company located in london, WC1B 4HP with a Companies House number of 10092345. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2016, it's largest shareholder is cristano motto with a 21.8% stake. Fairtile Ltd is a young, micro sized company, Pomanda has estimated its turnover at £182.2k with high growth in recent years.

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Fairtile Ltd Health Check

Pomanda's financial health check has awarded Fairtile Ltd a 3.5 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 Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £182.2k, make it smaller than the average company (£4.5m)

£182.2k - Fairtile Ltd

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (10.1%)

27% - Fairtile Ltd

10.1% - Industry AVG

production

Production

with a gross margin of 41.6%, this company has a higher cost of product (72%)

41.6% - Fairtile Ltd

72% - Industry AVG

profitability

Profitability

an operating margin of 1.6% make it less profitable than the average company (3.5%)

1.6% - Fairtile Ltd

3.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (40)

1 - Fairtile Ltd

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.1k, the company has an equivalent pay structure (£72.1k)

£72.1k - Fairtile Ltd

£72.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £182.2k, this is more efficient (£122.8k)

£182.2k - Fairtile Ltd

£122.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 110 days, this is later than average (57 days)

110 days - Fairtile Ltd

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 251 days, this is slower than average (40 days)

251 days - Fairtile Ltd

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fairtile Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Fairtile Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.5%, this is a lower level of debt than the average (62.3%)

30.5% - Fairtile Ltd

62.3% - Industry AVG

FAIRTILE LTD financials

EXPORTms excel logo

Fairtile Ltd's latest turnover from December 2023 is estimated at £182.2 thousand and the company has net assets of £224.9 thousand. According to their latest financial statements, we estimate that Fairtile Ltd has 1 employee 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
Turnover182,160196,528182,16788,664215,828250,67079,90393,498
Other Income Or Grants00000000
Cost Of Sales106,350112,996103,23851,048127,155149,73847,27054,653
Gross Profit75,81083,53378,92937,61688,673100,93232,63338,844
Admin Expenses72,99181,10570,50811,453115,749109,124-247,57837,411
Operating Profit2,8192,4288,42126,163-27,076-8,192280,2111,433
Interest Payable00000000
Interest Receivable00000000
Pre-Tax Profit2,8192,4288,42126,163-27,076-8,192280,2111,433
Tax-705-461-1,600-4,97100-53,240-286
Profit After Tax2,1141,9676,82121,192-27,076-8,192226,9711,146
Dividends Paid00000000
Retained Profit2,1141,9676,82121,192-27,076-8,192226,9711,146
Employee Costs72,07067,83863,21260,240123,907123,00359,22156,830
Number Of Employees11112211
EBITDA*2,8192,4288,42126,163-27,076-8,192280,2111,433

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets268,439268,439268,439268,439268,439256,206199,9850
Intangible Assets00000000
Investments & Other00003,624000
Debtors (Due After 1 year)00000000
Total Fixed Assets268,439268,439268,439268,439272,063256,206199,9850
Stock & work in progress00000000
Trade Debtors55,30862,52457,42328,81073,69682,84527,86826,206
Group Debtors00000000
Misc Debtors0002,46611,781000
Cash00000000
misc current assets000001,2411,1390
total current assets55,30862,52457,42331,27685,47784,08629,00726,206
total assets323,747330,963325,862299,715357,540340,292228,99226,206
Bank overdraft00000000
Bank loan00000000
Trade Creditors 73,37981,28276,55551,78835,788107,782180
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities73,37981,28276,55551,78835,788107,782180
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income25,37426,80126,79433,835128,85212,53480625,060
other liabilities51511,651515151510
provisions00000000
total long term liabilities25,42526,85228,44533,886128,90312,58585725,060
total liabilities98,804108,134105,00085,674164,691120,36787525,060
net assets224,943222,829220,862214,041192,849219,925228,1171,146
total shareholders funds224,943222,829220,862214,041192,849219,925228,1171,146
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit2,8192,4288,42126,163-27,076-8,192280,2111,433
Depreciation00000000
Amortisation00000000
Tax-705-461-1,600-4,97100-53,240-286
Stock00000000
Debtors-7,2165,10126,147-54,2012,63254,9771,66226,206
Creditors-7,9034,72724,76716,000-71,994107,764180
Accruals and Deferred Income-1,4277-7,041-95,017116,31811,728-24,25425,060
Deferred Taxes & Provisions00000000
Cash flow from operations01,600-1,600-3,62414,61656,323201,0731
Investing Activities
capital expenditure0000-12,233-56,221-199,9850
Change in Investments000-3,6243,624000
cash flow from investments0003,624-15,857-56,221-199,9850
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities0-1,6001,600000510
share issue00000000
interest00000000
cash flow from financing0-1,6001,600000510
cash and cash equivalents
cash00000000
overdraft00000000
change in cash00000000

fairtile ltd 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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Fairtile Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fairtile ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WC1B area or any other competitors across 12 key performance metrics.

fairtile ltd Ownership

FAIRTILE LTD group structure

Fairtile Ltd has no subsidiary companies.

Ultimate parent company

FAIRTILE LTD

10092345

FAIRTILE LTD Shareholders

cristano motto 21.84%
corrado giannasca 16.84%
giuseppe riccardi 16.84%
guido ferrari 16.2%
betacom s.r.l 13.91%
olof ahnve 7.04%
gelcan sagl 2.33%
emilio callegari 1.53%
arindam ghosh 0.7%
orkan bayer 0.7%

fairtile ltd directors

Fairtile Ltd currently has 1 director, Mr Cristiano Motto serving since Sep 2020.

officercountryagestartendrole
Mr Cristiano MottoUnited Kingdom52 years Sep 2020- Director

P&L

December 2023

turnover

182.2k

-7%

operating profit

2.8k

0%

gross margin

41.7%

-2.09%

turnover

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

Balance Sheet

December 2023

net assets

224.9k

+0.01%

total assets

323.7k

-0.02%

cash

0

0%

net assets

Total assets minus all liabilities

fairtile ltd company details

company number

10092345

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

March 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

59-60 russell square, london, WC1B 4HP

Bank

-

Legal Advisor

-

fairtile 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 fairtile ltd.

fairtile 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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fairtile ltd Companies House Filings - See Documents

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