found group limited

found group limited Company Information

Share FOUND GROUP LIMITED
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Company Number

10269482

Industry

Activities of head offices

 

Directors

Rosa Howard

Robert Miller

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Shareholders

bigger enterprises limited

robert james miller

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Group Structure

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Contact

Registered Address

22 charterhouse square, london, EC1M 6DX

found group limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of FOUND GROUP LIMITED at £3.6m based on a Turnover of £6.3m and 0.57x industry multiple (adjusted for size and gross margin).

found group limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of FOUND GROUP LIMITED at £1.1m based on an EBITDA of £253.8k and a 4.26x industry multiple (adjusted for size and gross margin).

found group limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of FOUND GROUP LIMITED at £1.6m based on Net Assets of £750.1k and 2.13x industry multiple (adjusted for liquidity).

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Found Group Limited Overview

Found Group Limited is a live company located in london, EC1M 6DX with a Companies House number of 10269482. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 2016, it's largest shareholder is bigger enterprises limited with a 70% stake. Found Group Limited is a young, mid sized company, Pomanda has estimated its turnover at £6.3m with healthy growth in recent years.

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Found Group Limited Health Check

Pomanda's financial health check has awarded Found Group 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

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £6.3m, make it smaller than the average company (£19.9m)

£6.3m - Found Group Limited

£19.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5.9%)

9% - Found Group Limited

5.9% - Industry AVG

production

Production

with a gross margin of 33%, this company has a comparable cost of product (33%)

33% - Found Group Limited

33% - Industry AVG

profitability

Profitability

an operating margin of 1.9% make it less profitable than the average company (5.7%)

1.9% - Found Group Limited

5.7% - Industry AVG

employees

Employees

with 55 employees, this is below the industry average (111)

55 - Found Group Limited

111 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)

£47.4k - Found Group Limited

£47.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £114.3k, this is less efficient (£197.5k)

£114.3k - Found Group Limited

£197.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 44 days, this is near the average (45 days)

44 days - Found Group Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (43 days)

11 days - Found Group Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Found Group Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Found Group Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 78.7%, this is a higher level of debt than the average (55.9%)

78.7% - Found Group Limited

55.9% - Industry AVG

FOUND GROUP LIMITED financials

EXPORTms excel logo

Found Group Limited's latest turnover from September 2023 is estimated at £6.3 million and the company has net assets of £750.1 thousand. According to their latest financial statements, Found Group Limited has 55 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Turnover6,285,6136,211,5235,077,5464,828,5735,581,9616,235,24995,266
Other Income Or Grants0000000
Cost Of Sales4,209,6504,162,6783,473,1483,263,1403,779,0204,218,974361,181
Gross Profit2,075,9632,048,8461,604,3981,565,4331,802,9412,016,275-265,915
Admin Expenses1,958,7602,036,4021,901,8821,190,6391,393,6391,567,027188,727
Operating Profit117,20312,444-297,484374,794409,302449,248-454,642
Interest Payable69,92667,37558,45830,786497433112,177
Interest Receivable1,9165,7409217789334160
Pre-Tax Profit49,193-49,191-355,021344,785409,738449,231608,828
Tax-12,29800-65,509-77,850-85,354-94,569
Profit After Tax36,895-49,191-355,021279,276331,888363,877514,259
Dividends Paid000000372,000
Retained Profit36,895-49,191-355,021279,276331,888363,877142,259
Employee Costs2,604,6361,902,1631,654,8822,116,6252,433,6891,999,1101,631,853
Number Of Employees55434051595042
EBITDA*253,76727,452-281,444393,118432,294480,312-454,292

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Tangible Assets53,88252,48137,06514,40228,09629,2979,061
Intangible Assets338,014450,6540002860
Investments & Other001,126,4011,869,7951,996,9331,993,6581,769,795
Debtors (Due After 1 year)0000000
Total Fixed Assets391,896503,1351,163,4661,884,1972,025,0292,023,2411,778,856
Stock & work in progress0000000
Trade Debtors759,4821,105,275870,442569,514652,3921,065,15077,677
Group Debtors2,292,7471,693,24700104,811118,865124,614
Misc Debtors79,89584,6831,160,212223,042143,290196,86993,294
Cash072,999437,1931,404,754150,58798,32612,518
misc current assets0000000
total current assets3,132,1242,956,2042,467,8472,197,3101,051,0801,479,210308,103
total assets3,524,0203,459,3393,631,3134,081,5073,076,1093,502,4512,086,959
Bank overdraft9,800000000
Bank loan200,000200,000200,00083,333000
Trade Creditors 131,587206,968234,63478,086192,639256,486130,962
Group/Directors Accounts456,849166,02000864,0641,099,0521,511,418
other short term finances00009,3935,3337,500
hp & lease commitments1,9534,5285,6280000
other current liabilities1,635,9081,629,8511,677,2671,886,0211,171,8891,634,816293,644
total current liabilities2,436,0972,207,3672,117,5292,047,4402,237,9852,995,6871,943,524
loans316,667516,667716,667916,667000
hp & lease commitments18,16420,11834,7380000
Accruals and Deferred Income0000000
other liabilities0000000
provisions3,0091,9990005281,076
total long term liabilities337,840538,784751,405916,66705281,076
total liabilities2,773,9372,746,1512,868,9342,964,1072,237,9852,996,2151,944,600
net assets750,083713,188762,3791,117,400838,124506,236142,359
total shareholders funds750,083713,188762,3791,117,400838,124506,236142,359
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Operating Activities
Operating Profit117,20312,444-297,484374,794409,302449,248-454,642
Depreciation23,92415,00816,04018,32422,70627,376350
Amortisation112,6400002863,6880
Tax-12,29800-65,509-77,850-85,354-94,569
Stock0000000
Debtors248,919852,5511,238,098-107,937-480,3911,085,299295,585
Creditors-75,381-27,666156,548-114,553-63,847125,524130,962
Accruals and Deferred Income6,057-47,416-208,754714,132-462,9271,341,172293,644
Deferred Taxes & Provisions1,0101,99900-528-5481,076
Cash flow from operations-75,764-898,182-1,571,7481,035,125307,533775,807-418,764
Investing Activities
capital expenditure-25,325-481,078-38,703-4,630-21,505-51,586-9,411
Change in Investments0-1,126,401-743,394-127,1383,275223,8631,769,795
cash flow from investments-25,325645,323704,691122,508-24,780-275,449-1,779,206
Financing Activities
Bank loans00116,66783,333000
Group/Directors Accounts290,829166,0200-864,064-234,988-412,3661,511,418
Other Short Term Loans 000-9,3934,060-2,1677,500
Long term loans-200,000-200,000-200,000916,667000
Hire Purchase and Lease Commitments-4,529-15,72040,3660000
other long term liabilities0000000
share issue000000100
interest-68,010-61,635-57,537-30,008436-17-112,177
cash flow from financing18,290-111,335-100,50496,535-230,492-414,5501,406,841
cash and cash equivalents
cash-72,999-364,194-967,5611,254,16752,26185,80812,518
overdraft9,800000000
change in cash-82,799-364,194-967,5611,254,16752,26185,80812,518

found group 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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Found Group Limited Competitor Analysis

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Perform a competitor analysis for found group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in EC1M area or any other competitors across 12 key performance metrics.

found group limited Ownership

FOUND GROUP LIMITED group structure

Found Group Limited has 2 subsidiary companies.

Ultimate parent company

1 parent

FOUND GROUP LIMITED

10269482

2 subsidiaries

FOUND GROUP LIMITED Shareholders

bigger enterprises limited 70%
robert james miller 10%
kristina marie fairhurst 10%
rosa kathleen howard 10%

found group limited directors

Found Group Limited currently has 4 directors. The longest serving directors include Ms Rosa Howard (Jul 2016) and Mr Robert Miller (Jul 2016).

officercountryagestartendrole
Ms Rosa HowardEngland50 years Jul 2016- Director
Mr Robert MillerEngland45 years Jul 2016- Director
Ms Kristina FairhurstEngland49 years Oct 2016- Director
Mr Sebastian GrayEngland50 years May 2018- Director

P&L

September 2023

turnover

6.3m

+1%

operating profit

117.2k

0%

gross margin

33.1%

+0.13%

turnover

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

Balance Sheet

September 2023

net assets

750.1k

+0.05%

total assets

3.5m

+0.02%

cash

0

-1%

net assets

Total assets minus all liabilities

found group limited company details

company number

10269482

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

July 2016

age

9

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

HAZLEWOODS LLP

auditor

-

address

22 charterhouse square, london, EC1M 6DX

Bank

-

Legal Advisor

-

found group 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 found group limited.

found group 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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found group limited Companies House Filings - See Documents

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