fred & noah ltd

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fred & noah ltd Company Information

Share FRED & NOAH LTD

Company Number

10391021

Shareholders

daniel reynolds

natalie reynolds

Group Structure

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Industry

Other retail sale not in stores, stalls or markets

 

Registered Address

unit 19 hurricane way, wickford, SS11 8YB

fred & noah ltd Estimated Valuation

£206.4k

Pomanda estimates the enterprise value of FRED & NOAH LTD at £206.4k based on a Turnover of £756.2k and 0.27x industry multiple (adjusted for size and gross margin).

fred & noah ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of FRED & NOAH LTD at £0 based on an EBITDA of £-53.9k and a 3.03x industry multiple (adjusted for size and gross margin).

fred & noah ltd Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of FRED & NOAH LTD at £1.8m based on Net Assets of £610.4k and 2.93x industry multiple (adjusted for liquidity).

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Fred & Noah Ltd Overview

Fred & Noah Ltd is a live company located in wickford, SS11 8YB with a Companies House number of 10391021. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in September 2016, it's largest shareholder is daniel reynolds with a 50% stake. Fred & Noah Ltd is a young, small sized company, Pomanda has estimated its turnover at £756.2k with declining growth in recent years.

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Fred & Noah Ltd Health Check

Pomanda's financial health check has awarded Fred & Noah Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £756.2k, make it smaller than the average company (£1.3m)

£756.2k - Fred & Noah Ltd

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (7.6%)

-24% - Fred & Noah Ltd

7.6% - Industry AVG

production

Production

with a gross margin of 18.1%, this company has a higher cost of product (32%)

18.1% - Fred & Noah Ltd

32% - Industry AVG

profitability

Profitability

an operating margin of -7.1% make it less profitable than the average company (4.8%)

-7.1% - Fred & Noah Ltd

4.8% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (10)

4 - Fred & Noah Ltd

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.8k, the company has an equivalent pay structure (£35.8k)

£35.8k - Fred & Noah Ltd

£35.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £189k, this is equally as efficient (£206.8k)

£189k - Fred & Noah Ltd

£206.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 125 days, this is later than average (32 days)

125 days - Fred & Noah Ltd

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 34 days, this is quicker than average (39 days)

34 days - Fred & Noah Ltd

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fred & Noah Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Fred & Noah Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.1%, this is a lower level of debt than the average (63.2%)

9.1% - Fred & Noah Ltd

63.2% - Industry AVG

FRED & NOAH LTD financials

EXPORTms excel logo

Fred & Noah Ltd's latest turnover from September 2023 is estimated at £756.2 thousand and the company has net assets of £610.4 thousand. According to their latest financial statements, Fred & Noah Ltd has 4 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
Turnover756,162702,8461,458,2891,724,1081,210,156828,289420,252
Other Income Or Grants0000000
Cost Of Sales619,038578,0771,218,6271,415,954942,283660,535335,560
Gross Profit137,125124,769239,661308,154267,873167,75484,692
Admin Expenses191,025153,416200,71924,276-32,847-10,79431,315
Operating Profit-53,900-28,64738,942283,878300,720178,54853,377
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit-53,900-28,64738,942283,878300,720178,54853,377
Tax00-7,399-53,937-57,137-33,924-10,142
Profit After Tax-53,900-28,64731,543229,941243,583144,62443,235
Dividends Paid0000000
Retained Profit-53,900-28,64731,543229,941243,583144,62443,235
Employee Costs143,207100,85399,776121,01097,40098,10358,356
Number Of Employees4334332
EBITDA*-53,900-28,64738,942283,878300,720178,54853,377

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Tangible Assets412,569415,92656,57267,27440,6952,685959
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets412,569415,92656,57267,27440,6952,685959
Stock & work in progress0000000
Trade Debtors259,033289,931704,209726,634483,944261,616108,480
Group Debtors0000000
Misc Debtors0000000
Cash0000000
misc current assets0000000
total current assets259,033289,931704,209726,634483,944261,616108,480
total assets671,602705,857760,781793,908524,639264,301109,439
Bank overdraft0000000
Bank loan0000000
Trade Creditors 59,05039,35565,632130,30290,97474,26964,444
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities59,05039,35565,632130,30290,97474,26964,444
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income2,1732,2232,2232,2232,2232,1731,760
other liabilities0000000
provisions0000000
total long term liabilities2,1732,2232,2232,2232,2232,1731,760
total liabilities61,22341,57867,855132,52593,19776,44266,204
net assets610,379664,279692,926661,383431,442187,85943,235
total shareholders funds610,379664,279692,926661,383431,442187,85943,235
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Operating Activities
Operating Profit-53,900-28,64738,942283,878300,720178,54853,377
Depreciation0000000
Amortisation0000000
Tax00-7,399-53,937-57,137-33,924-10,142
Stock0000000
Debtors-30,898-414,278-22,425242,690222,328153,136108,480
Creditors19,695-26,277-64,67039,32816,7059,82564,444
Accruals and Deferred Income-50000504131,760
Deferred Taxes & Provisions0000000
Cash flow from operations-3,357359,354-10,70226,57938,0101,726959
Investing Activities
capital expenditure3,357-359,35410,702-26,579-38,010-1,726-959
Change in Investments0000000
cash flow from investments3,357-359,35410,702-26,579-38,010-1,726-959
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0000000
interest0000000
cash flow from financing0000000
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

fred & noah 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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Fred & Noah Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fred & noah ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SS11 area or any other competitors across 12 key performance metrics.

fred & noah ltd Ownership

FRED & NOAH LTD group structure

Fred & Noah Ltd has no subsidiary companies.

Ultimate parent company

FRED & NOAH LTD

10391021

FRED & NOAH LTD Shareholders

daniel reynolds 50%
natalie reynolds 50%

fred & noah ltd directors

Fred & Noah Ltd currently has 2 directors. The longest serving directors include Ms Natalie Reynolds (Sep 2016) and Mr Daniel Reynolds (Sep 2016).

officercountryagestartendrole
Ms Natalie ReynoldsEngland42 years Sep 2016- Director
Mr Daniel ReynoldsEngland43 years Sep 2016- Director

P&L

September 2023

turnover

756.2k

+8%

operating profit

-53.9k

0%

gross margin

18.2%

+2.15%

turnover

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

Balance Sheet

September 2023

net assets

610.4k

-0.08%

total assets

671.6k

-0.05%

cash

0

0%

net assets

Total assets minus all liabilities

fred & noah ltd company details

company number

10391021

Type

Private limited with Share Capital

industry

47990 - Other retail sale not in stores, stalls or markets

incorporation date

September 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

unit 19 hurricane way, wickford, SS11 8YB

Bank

-

Legal Advisor

-

fred & noah 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 fred & noah ltd.

fred & noah 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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fred & noah ltd Companies House Filings - See Documents

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