faafo limited
faafo limited Company Information
Company Number
10258543
Website
-Registered Address
14d birmingham road, birmingham road, sutton coldfield, B72 1QG
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Sumit Jain7 Years
Shareholders
sumit jain 100%
faafo limited Estimated Valuation
Pomanda estimates the enterprise value of FAAFO LIMITED at £56k based on a Turnover of £112.7k and 0.5x industry multiple (adjusted for size and gross margin).
faafo limited Estimated Valuation
Pomanda estimates the enterprise value of FAAFO LIMITED at £0 based on an EBITDA of £0 and a 3.78x industry multiple (adjusted for size and gross margin).
faafo limited Estimated Valuation
Pomanda estimates the enterprise value of FAAFO LIMITED at £0 based on Net Assets of £-61.5k and 3.04x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Faafo Limited Overview
Faafo Limited is a live company located in sutton coldfield, B72 1QG with a Companies House number of 10258543. It operates in the licenced restaurants sector, SIC Code 56101. Founded in June 2016, it's largest shareholder is sumit jain with a 100% stake. Faafo Limited is a young, micro sized company, Pomanda has estimated its turnover at £112.7k with low growth in recent years.
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Faafo Limited Health Check
Pomanda's financial health check has awarded Faafo Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £112.7k, make it smaller than the average company (£2.5m)
- Faafo Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.2%)
- Faafo Limited
5.2% - Industry AVG
Production
with a gross margin of 33.6%, this company has a higher cost of product (52.9%)
- Faafo Limited
52.9% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Faafo Limited
- - Industry AVG
Employees
with 2 employees, this is below the industry average (46)
- Faafo Limited
46 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
- Faafo Limited
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £56.3k, this is equally as efficient (£51.8k)
- Faafo Limited
£51.8k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is later than average (6 days)
- Faafo Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 349 days, this is slower than average (48 days)
- Faafo Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Faafo Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Faafo Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 704.2%, this is a higher level of debt than the average (86.9%)
704.2% - Faafo Limited
86.9% - Industry AVG
FAAFO LIMITED financials
Faafo Limited's latest turnover from June 2023 is estimated at £112.7 thousand and the company has net assets of -£61.5 thousand. According to their latest financial statements, we estimate that Faafo Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 4 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 5,250 | 5,250 | 5,250 | 7,877 | 10,504 | 13,131 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,250 | 5,250 | 5,250 | 7,877 | 10,504 | 13,131 |
| Stock & work in progress | 0 | 0 | 0 | 5,250 | 0 | 0 |
| Trade Debtors | 4,926 | 4,926 | 4,926 | 0 | 2,680 | 10,538 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 455 | 0 | 0 |
| Cash | 0 | 0 | 0 | 1,646 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,926 | 4,926 | 4,926 | 7,351 | 2,680 | 10,538 |
| total assets | 10,176 | 10,176 | 10,176 | 15,228 | 13,184 | 23,669 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 71,655 | 71,655 | 71,655 | 8,528 | 99,573 | 94,963 |
| Group/Directors Accounts | 0 | 0 | 0 | 30,435 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 20,500 | 0 | 0 |
| total current liabilities | 71,655 | 71,655 | 71,655 | 59,463 | 99,573 | 94,963 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 71,655 | 71,655 | 71,655 | 59,463 | 99,573 | 94,963 |
| net assets | -61,479 | -61,479 | -61,479 | -44,235 | -86,389 | -71,294 |
| total shareholders funds | -61,479 | -61,479 | -61,479 | -44,235 | -86,389 | -71,294 |
| Jun 2023 | Jun 2022 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 2,627 | |||
| Amortisation | 0 | 0 | 0 | |||
| Tax | ||||||
| Stock | 0 | 0 | -5,250 | 5,250 | 0 | 0 |
| Debtors | 0 | 4,926 | 4,471 | -2,225 | -7,858 | 10,538 |
| Creditors | 0 | 71,655 | 63,127 | -91,045 | 4,610 | 94,963 |
| Accruals and Deferred Income | 0 | 0 | -20,500 | 20,500 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -30,435 | 30,435 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | -1,646 | 1,646 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -1,646 | 1,646 | 0 | 0 |
faafo limited Credit Report and Business Information
Faafo Limited Competitor Analysis
Perform a competitor analysis for faafo limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in B72 area or any other competitors across 12 key performance metrics.
faafo limited Ownership
FAAFO LIMITED group structure
Faafo Limited has no subsidiary companies.
Ultimate parent company
FAAFO LIMITED
10258543
faafo limited directors
Faafo Limited currently has 1 director, Mr Sumit Jain serving since Nov 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sumit Jain | England | 44 years | Nov 2016 | - | Director |
P&L
June 2023turnover
112.7k
+58%
operating profit
0
0%
gross margin
33.6%
+1.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-61.5k
0%
total assets
10.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
faafo limited company details
company number
10258543
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
June 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
14d birmingham road, birmingham road, sutton coldfield, B72 1QG
Bank
-
Legal Advisor
-
faafo 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 faafo limited.
faafo limited Companies House Filings - See Documents
| date | description | view/download |
|---|
