figflex offices ltd
figflex offices ltd Company Information
Company Number
10491422
Next Accounts
Dec 2025
Shareholders
mountmurray limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
botany bay canal mill, botany brow, chorley, PR6 9AF
Website
figflex.comfigflex offices ltd Estimated Valuation
Pomanda estimates the enterprise value of FIGFLEX OFFICES LTD at £43.6m based on a Turnover of £10.3m and 4.22x industry multiple (adjusted for size and gross margin).
figflex offices ltd Estimated Valuation
Pomanda estimates the enterprise value of FIGFLEX OFFICES LTD at £8.9m based on an EBITDA of £1.1m and a 8.25x industry multiple (adjusted for size and gross margin).
figflex offices ltd Estimated Valuation
Pomanda estimates the enterprise value of FIGFLEX OFFICES LTD at £0 based on Net Assets of £-3.5m and 1.75x industry multiple (adjusted for liquidity).
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Figflex Offices Ltd Overview
Figflex Offices Ltd is a live company located in chorley, PR6 9AF with a Companies House number of 10491422. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2016, it's largest shareholder is mountmurray limited with a 100% stake. Figflex Offices Ltd is a young, mid sized company, Pomanda has estimated its turnover at £10.3m with rapid growth in recent years.
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Figflex Offices Ltd Health Check
Pomanda's financial health check has awarded Figflex Offices Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £10.3m, make it larger than the average company (£921.2k)
- Figflex Offices Ltd
£921.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 196%, show it is growing at a faster rate (4.9%)
- Figflex Offices Ltd
4.9% - Industry AVG
Production
with a gross margin of 75.3%, this company has a comparable cost of product (75.3%)
- Figflex Offices Ltd
75.3% - Industry AVG
Profitability
an operating margin of 9.3% make it less profitable than the average company (29.3%)
- Figflex Offices Ltd
29.3% - Industry AVG
Employees
with 24 employees, this is above the industry average (4)
24 - Figflex Offices Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- Figflex Offices Ltd
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £430.8k, this is more efficient (£177.6k)
- Figflex Offices Ltd
£177.6k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (30 days)
- Figflex Offices Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is close to average (38 days)
- Figflex Offices Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Figflex Offices Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is average cash available to meet short term requirements (11 weeks)
10 weeks - Figflex Offices Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 163.6%, this is a higher level of debt than the average (64.3%)
163.6% - Figflex Offices Ltd
64.3% - Industry AVG
FIGFLEX OFFICES LTD financials
Figflex Offices Ltd's latest turnover from March 2024 is estimated at £10.3 million and the company has net assets of -£3.5 million. According to their latest financial statements, Figflex Offices Ltd has 24 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Nov 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 | 24 | 16 | 6 | 6 | 6 | 8 | 8 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,428,682 | 886,303 | 312,940 | |||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 1,428,682 | 886,303 | 312,940 | |||||
| Stock & work in progress | ||||||||
| Trade Debtors | 1,498,206 | 1,055,176 | 78,259 | 33,337 | 33,357 | 142,743 | 57,783 | 21,913 |
| Group Debtors | ||||||||
| Misc Debtors | 801,228 | 450,338 | 330,859 | 172,077 | 15,647 | 26,293 | 150,224 | 127,742 |
| Cash | 1,816,179 | 1,657,886 | 341,279 | 273,980 | 558,710 | 167,811 | 99,179 | 31,706 |
| misc current assets | ||||||||
| total current assets | 4,115,613 | 3,163,400 | 750,397 | 479,394 | 607,714 | 336,847 | 307,186 | 181,361 |
| total assets | 5,544,295 | 4,049,703 | 1,063,337 | 479,394 | 607,714 | 336,847 | 307,186 | 181,361 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 259,298 | 859,173 | 234,230 | 10,322 | 44,299 | 31,898 | 153,328 | 119,013 |
| Group/Directors Accounts | 2,004,808 | 2,769,808 | 2,169,808 | 1,429,808 | 1,039,808 | 949,562 | ||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 6,804,954 | 4,737,708 | 2,022,138 | 2,009,309 | 2,082,993 | 1,907,811 | 1,111,265 | 413,775 |
| total current liabilities | 9,069,060 | 8,366,689 | 4,426,176 | 3,449,439 | 3,167,100 | 2,889,271 | 1,264,593 | 532,788 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 9,069,060 | 8,366,689 | 4,426,176 | 3,449,439 | 3,167,100 | 2,889,271 | 1,264,593 | 532,788 |
| net assets | -3,524,765 | -4,316,986 | -3,362,839 | -2,970,045 | -2,559,386 | -2,552,424 | -957,407 | -351,427 |
| total shareholders funds | -3,524,765 | -4,316,986 | -3,362,839 | -2,970,045 | -2,559,386 | -2,552,424 | -957,407 | -351,427 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 118,684 | 50,390 | 6,312 | |||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 793,920 | 1,096,396 | 203,704 | 156,410 | -120,032 | -38,971 | 58,352 | 149,655 |
| Creditors | -599,875 | 624,943 | 223,908 | -33,977 | 12,401 | -121,430 | 34,315 | 119,013 |
| Accruals and Deferred Income | 2,067,246 | 2,715,570 | 12,829 | -73,684 | 175,182 | 796,546 | 697,490 | 413,775 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -765,000 | 600,000 | 740,000 | 390,000 | 90,246 | 949,562 | ||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 158,293 | 1,316,607 | 67,299 | -284,730 | 390,899 | 68,632 | 67,473 | 31,706 |
| overdraft | ||||||||
| change in cash | 158,293 | 1,316,607 | 67,299 | -284,730 | 390,899 | 68,632 | 67,473 | 31,706 |
figflex offices ltd Credit Report and Business Information
Figflex Offices Ltd Competitor Analysis
Perform a competitor analysis for figflex offices ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in PR6 area or any other competitors across 12 key performance metrics.
figflex offices ltd Ownership
FIGFLEX OFFICES LTD group structure
Figflex Offices Ltd has no subsidiary companies.
Ultimate parent company
MOUNTMURRAY LIMITED
#0113390
1 parent
FIGFLEX OFFICES LTD
10491422
figflex offices ltd directors
Figflex Offices Ltd currently has 2 directors. The longest serving directors include Miss Claire Sharp (Nov 2016) and Mr Timothy Knowles (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Claire Sharp | 51 years | Nov 2016 | - | Director | |
| Mr Timothy Knowles | United Kingdom | 60 years | Mar 2023 | - | Director |
P&L
March 2024turnover
10.3m
+41%
operating profit
965.1k
0%
gross margin
75.3%
+0.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-3.5m
-0.18%
total assets
5.5m
+0.37%
cash
1.8m
+0.1%
net assets
Total assets minus all liabilities
figflex offices ltd company details
company number
10491422
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
November 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
fig flex offices limited (January 2021)
fig office network limited (August 2020)
accountant
-
auditor
MHA
address
botany bay canal mill, botany brow, chorley, PR6 9AF
Bank
-
Legal Advisor
-
figflex offices 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 figflex offices ltd.
figflex offices 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.
Click to start generating capital raising & share issue transactions for FIGFLEX OFFICES LTD. This can take several minutes, an email will notify you when this has completed.
figflex offices ltd Companies House Filings - See Documents
| date | description | view/download |
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