firetrend clothing limited

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firetrend clothing limited Company Information

Share FIRETREND CLOTHING LIMITED

Company Number

10103604

Shareholders

fusion companies limited

Group Structure

View All

Industry

Wholesale of clothing and footwear

 

Registered Address

52 leicester street, bulkington, bedworth, CV12 9NG

Website

-

firetrend clothing limited Estimated Valuation

£6k

Pomanda estimates the enterprise value of FIRETREND CLOTHING LIMITED at £6k based on a Turnover of £17.3k and 0.34x industry multiple (adjusted for size and gross margin).

firetrend clothing limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FIRETREND CLOTHING LIMITED at £0 based on an EBITDA of £-94 and a 3.28x industry multiple (adjusted for size and gross margin).

firetrend clothing limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FIRETREND CLOTHING LIMITED at £0 based on Net Assets of £-7.5k and 2.08x industry multiple (adjusted for liquidity).

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Firetrend Clothing Limited Overview

Firetrend Clothing Limited is a live company located in bedworth, CV12 9NG with a Companies House number of 10103604. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in April 2016, it's largest shareholder is fusion companies limited with a 100% stake. Firetrend Clothing Limited is a young, micro sized company, Pomanda has estimated its turnover at £17.3k with low growth in recent years.

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Firetrend Clothing Limited Health Check

Pomanda's financial health check has awarded Firetrend Clothing Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £17.3k, make it smaller than the average company (£17m)

£17.3k - Firetrend Clothing Limited

£17m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (7.7%)

4% - Firetrend Clothing Limited

7.7% - Industry AVG

production

Production

with a gross margin of 22.9%, this company has a higher cost of product (32%)

22.9% - Firetrend Clothing Limited

32% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (4%)

-0.5% - Firetrend Clothing Limited

4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (55)

1 - Firetrend Clothing Limited

55 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)

£38.9k - Firetrend Clothing Limited

£38.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £17.3k, this is less efficient (£303.7k)

£17.3k - Firetrend Clothing Limited

£303.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 17 days, this is earlier than average (39 days)

17 days - Firetrend Clothing Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 229 days, this is slower than average (29 days)

229 days - Firetrend Clothing Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Firetrend Clothing Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Firetrend Clothing Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 987.6%, this is a higher level of debt than the average (53.4%)

987.6% - Firetrend Clothing Limited

53.4% - Industry AVG

FIRETREND CLOTHING LIMITED financials

EXPORTms excel logo

Firetrend Clothing Limited's latest turnover from April 2024 is estimated at £17.3 thousand and the company has net assets of -£7.5 thousand. According to their latest financial statements, we estimate that Firetrend Clothing Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Turnover17,31213,81412,72415,43015,33515,70715,81212,458
Other Income Or Grants00000000
Cost Of Sales13,35010,7739,97112,18912,12012,47712,5509,923
Gross Profit3,9623,0422,7523,2413,2153,2303,2632,535
Admin Expenses4,0563,1152,8253,3143,2883,7024,1238,353
Operating Profit-94-73-73-73-73-472-860-5,818
Interest Payable00000000
Interest Receivable00000000
Pre-Tax Profit-94-73-73-73-73-472-860-5,818
Tax00000000
Profit After Tax-94-73-73-73-73-472-860-5,818
Dividends Paid00000000
Retained Profit-94-73-73-73-73-472-860-5,818
Employee Costs38,93737,72635,40034,82533,20533,48332,04330,730
Number Of Employees11111111
EBITDA*-94-73-73-73-73-472-860-5,818

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Tangible Assets00000000
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets00000000
Stock & work in progress00000000
Trade Debtors849849849893893953961901
Group Debtors00000000
Misc Debtors00000000
Cash00000000
misc current assets00000000
total current assets849849849893893953961901
total assets849849849893893953961901
Bank overdraft00000000
Bank loan00000000
Trade Creditors 8,3858,2918,2188,1898,0908,0907,6396,719
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities8,3858,2918,2188,1898,0908,0907,6396,719
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income0000261300
other liabilities00000000
provisions00000000
total long term liabilities0000261300
total liabilities8,3858,2918,2188,1898,1168,1037,6396,719
net assets-7,536-7,442-7,369-7,296-7,223-7,150-6,678-5,818
total shareholders funds-7,536-7,442-7,369-7,296-7,223-7,150-6,678-5,818
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Operating Activities
Operating Profit-94-73-73-73-73-472-860-5,818
Depreciation00000000
Amortisation00000000
Tax00000000
Stock00000000
Debtors00-440-60-860901
Creditors9473299904519206,719
Accruals and Deferred Income000-26131300
Deferred Taxes & Provisions00000000
Cash flow from operations00000000
Investing Activities
capital expenditure00000000
Change in Investments00000000
cash flow from investments00000000
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00000000
interest00000000
cash flow from financing00000000
cash and cash equivalents
cash00000000
overdraft00000000
change in cash00000000

firetrend clothing 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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Firetrend Clothing Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for firetrend clothing limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in CV12 area or any other competitors across 12 key performance metrics.

firetrend clothing limited Ownership

FIRETREND CLOTHING LIMITED group structure

Firetrend Clothing Limited has no subsidiary companies.

Ultimate parent company

1 parent

FIRETREND CLOTHING LIMITED

10103604

FIRETREND CLOTHING LIMITED Shareholders

fusion companies limited 100%

firetrend clothing limited directors

Firetrend Clothing Limited currently has 2 directors. The longest serving directors include Mrs Deborah Addison (Apr 2016) and Mr Neal Addison (May 2017).

officercountryagestartendrole
Mrs Deborah AddisonEngland49 years Apr 2016- Director
Mr Neal AddisonEngland50 years May 2017- Director

P&L

April 2024

turnover

17.3k

+25%

operating profit

-94

0%

gross margin

22.9%

+3.93%

turnover

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

Balance Sheet

April 2024

net assets

-7.5k

+0.01%

total assets

849

0%

cash

0

0%

net assets

Total assets minus all liabilities

firetrend clothing limited company details

company number

10103604

Type

Private limited with Share Capital

industry

46420 - Wholesale of clothing and footwear

incorporation date

April 2016

age

9

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

FITZPATRICK OWEN ASSOCIATES LTD

auditor

-

address

52 leicester street, bulkington, bedworth, CV12 9NG

Bank

-

Legal Advisor

-

firetrend clothing 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 firetrend clothing limited.

firetrend clothing 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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firetrend clothing limited Companies House Filings - See Documents

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