family rule ltd

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family rule ltd Company Information

Share FAMILY RULE LTD

Company Number

10312695

Shareholders

citruscart ltd

Group Structure

View All

Industry

Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

 

Registered Address

7 gryps close, colchester, CO2 9NJ

family rule ltd Estimated Valuation

£66.3k

Pomanda estimates the enterprise value of FAMILY RULE LTD at £66.3k based on a Turnover of £168.2k and 0.39x industry multiple (adjusted for size and gross margin).

family rule ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of FAMILY RULE LTD at £0 based on an EBITDA of £-4.1k and a 3.14x industry multiple (adjusted for size and gross margin).

family rule ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of FAMILY RULE LTD at £0 based on Net Assets of £-30.6k and 1.46x industry multiple (adjusted for liquidity).

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Family Rule Ltd Overview

Family Rule Ltd is a live company located in colchester, CO2 9NJ with a Companies House number of 10312695. It operates in the manufacture of other products of wood sector, SIC Code 16290. Founded in August 2016, it's largest shareholder is citruscart ltd with a 100% stake. Family Rule Ltd is a young, micro sized company, Pomanda has estimated its turnover at £168.2k with high growth in recent years.

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Family Rule Ltd Health Check

Pomanda's financial health check has awarded Family Rule Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £168.2k, make it smaller than the average company (£13.3m)

£168.2k - Family Rule Ltd

£13.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (9.2%)

19% - Family Rule Ltd

9.2% - Industry AVG

production

Production

with a gross margin of 20.9%, this company has a higher cost of product (26.4%)

20.9% - Family Rule Ltd

26.4% - Industry AVG

profitability

Profitability

an operating margin of -2.5% make it less profitable than the average company (6.9%)

-2.5% - Family Rule Ltd

6.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (67)

1 - Family Rule Ltd

67 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)

£34.5k - Family Rule Ltd

£34.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £168.2k, this is equally as efficient (£160.1k)

£168.2k - Family Rule Ltd

£160.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 72 days, this is later than average (49 days)

72 days - Family Rule Ltd

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 131 days, this is slower than average (36 days)

131 days - Family Rule Ltd

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Family Rule Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Family Rule Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 170.4%, this is a higher level of debt than the average (50.4%)

170.4% - Family Rule Ltd

50.4% - Industry AVG

FAMILY RULE LTD financials

EXPORTms excel logo

Family Rule Ltd's latest turnover from August 2023 is estimated at £168.2 thousand and the company has net assets of -£30.6 thousand. According to their latest financial statements, Family Rule Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Turnover168,172132,156117,84399,49947,43652,603
Other Income Or Grants
Cost Of Sales133,060104,09995,31779,07936,82842,244
Gross Profit35,11328,05822,52520,42010,60810,359
Admin Expenses39,25656,43524,42717,02019,1882,594-3,879
Operating Profit-4,143-28,377-1,9023,400-8,5807,7653,879
Interest Payable
Interest Receivable811027
Pre-Tax Profit-4,143-28,377-1,9023,400-8,4997,8683,886
Tax-646-1,495-738
Profit After Tax-4,143-28,377-1,9022,754-8,4996,3733,148
Dividends Paid
Retained Profit-4,143-28,377-1,9022,754-8,4996,3733,148
Employee Costs34,45930,99429,64028,50127,32727,200
Number Of Employees111111
EBITDA*-4,143-28,377-1,9023,400-8,5807,7653,879

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Tangible Assets2701,7222,6343,950
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2701,7222,6343,950
Stock & work in progress
Trade Debtors33,27528,56545,85231,6208,181
Group Debtors
Misc Debtors10,00010,000
Cash21,6115,711
misc current assets
total current assets43,27538,56545,85231,6208,18121,6115,711
total assets43,54540,28748,48635,5708,18121,6115,711
Bank overdraft
Bank loan
Trade Creditors 48,10637,92814,9749,2947,1595,710
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities6,1802,562
total current liabilities48,10637,92814,9749,2947,15911,8902,562
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities26,08528,86231,63822,500
provisions
total long term liabilities26,08528,86231,63822,500
total liabilities74,19166,79046,61231,7947,15911,8902,562
net assets-30,646-26,5031,8743,7761,0229,7213,149
total shareholders funds-30,646-26,5031,8743,7761,0229,7213,149
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Operating Activities
Operating Profit-4,143-28,377-1,9023,400-8,5807,7653,879
Depreciation
Amortisation
Tax-646-1,495-738
Stock
Debtors4,710-7,28714,23223,4398,181
Creditors10,17822,9545,6802,1351,4495,710
Accruals and Deferred Income-6,1803,6182,562
Deferred Taxes & Provisions
Cash flow from operations1,3251,864-10,454-18,550-21,49215,5985,703
Investing Activities
capital expenditure1,4529121,316-3,950
Change in Investments
cash flow from investments1,4529121,316-3,950
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-2,777-2,7769,13822,500
share issue-2001991
interest811027
cash flow from financing-2,777-2,7769,13822,500-1193018
cash and cash equivalents
cash-21,61115,9005,711
overdraft
change in cash-21,61115,9005,711

family rule 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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Family Rule Ltd Competitor Analysis

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Perform a competitor analysis for family rule ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in CO2 area or any other competitors across 12 key performance metrics.

family rule ltd Ownership

FAMILY RULE LTD group structure

Family Rule Ltd has no subsidiary companies.

Ultimate parent company

FAMILY RULE LTD

10312695

FAMILY RULE LTD Shareholders

citruscart ltd 100%

family rule ltd directors

Family Rule Ltd currently has 2 directors. The longest serving directors include Mrs Anande De Sousa (Jan 2025) and Mr Vincent De Sousa (Jan 2025).

officercountryagestartendrole
Mrs Anande De SousaNorthern Ireland32 years Jan 2025- Director
Mr Vincent De SousaNorthern Ireland35 years Jan 2025- Director

P&L

August 2023

turnover

168.2k

+27%

operating profit

-4.1k

0%

gross margin

20.9%

-1.66%

turnover

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

Balance Sheet

August 2023

net assets

-30.6k

+0.16%

total assets

43.5k

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

family rule ltd company details

company number

10312695

Type

Private limited with Share Capital

industry

16290 - Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

incorporation date

August 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2023

previous names

N/A

accountant

-

auditor

-

address

7 gryps close, colchester, CO2 9NJ

Bank

-

Legal Advisor

-

family rule 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 family rule ltd.

family rule 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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family rule ltd Companies House Filings - See Documents

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