Foundry Cast Iron Limited

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foundry cast iron limited Company Information

Company Number

10570083

Next Accounts

Oct 2025

Directors

Mark Spence

Shareholders

mark spence

mr shane spence

Group Structure

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Industry

Retail sale via mail order houses or via Internet

Registered Address

5 linnet close, littlehampton, BN17 7GW

Website

www.foundrycastiron.co.uk

foundry cast iron limited Estimated Valuation

£422.6k

Pomanda estimates the enterprise value of FOUNDRY CAST IRON LIMITED at £422.6k based on Net Assets of £197.3k and 2.14x industry multiple (adjusted for liquidity).

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Foundry Cast Iron Limited is a live company located in littlehampton, BN17 7GW with a Companies House number of 10570083. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in January 2017, it's largest shareholder is mark spence with a 70% stake. Foundry Cast Iron Limited is a young, small sized company, Pomanda has estimated its turnover at £840.4k with healthy growth in recent years.

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Pomanda's financial health check has awarded Foundry Cast Iron Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

5 Strong

2 Regular

3 Weak

Size

annual sales of £840.4k, make it larger than the average company (£280.2k)

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4.7%)

EXPORT

Foundry Cast Iron Limited's latest turnover from January 2024 is estimated at £840.4 thousand and the company has net assets of £197.3 thousand. According to their latest financial statements, Foundry Cast Iron Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018
Turnover	840,360	864,639	630,081	566,096	309,300	259,208	93,587
Other Income Or Grants
Cost Of Sales	676,010	692,224	491,344	440,636	238,724	200,162	71,620
Gross Profit	164,351	172,416	138,736	125,461	70,576	59,046	21,967
Admin Expenses	142,490	138,989	79,688	41,633	58,939	29,204	16,421
Operating Profit	21,861	33,427	59,048	83,828	11,637	29,842	5,546
Interest Payable
Interest Receivable
Pre-Tax Profit	21,861	33,427	59,048	83,828	11,637	29,842	5,546
Tax	-5,465	-6,351	-11,219	-15,927	-2,211	-5,670	-1,054
Profit After Tax	16,396	27,076	47,829	67,901	9,426	24,172	4,492
Dividends Paid
Retained Profit	16,396	27,076	47,829	67,901	9,426	24,172	4,492
Employee Costs	228,703	218,766	167,873	135,111	81,180	60,565	28,863
Number Of Employees	8	8	6	5	3	2	1
EBITDA*	21,861	33,427	59,048	83,828	11,637	29,842	5,546

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018
Tangible Assets	51,469	7,112	6,131	4,670	3,179	1,715	988
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	51,469	7,112	6,131	4,670	3,179	1,715	988
Stock & work in progress
Trade Debtors	277,597	270,612	211,431	191,761	94,711	84,583	22,338
Group Debtors
Misc Debtors	2,589	3,526	3,183	1,536
Cash
misc current assets
total current assets	280,186	274,138	214,614	193,297	94,711	84,583	22,338
total assets	331,655	281,250	220,745	197,967	97,890	86,298	23,326
Bank overdraft
Bank loan
Trade Creditors	94,083	100,354	66,925	91,976	59,800	57,634	18,834
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities	94,083	100,354	66,925	91,976	59,800	57,634	18,834
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities	40,280
provisions
total long term liabilities	40,280
total liabilities	134,363	100,354	66,925	91,976	59,800	57,634	18,834
net assets	197,292	180,896	153,820	105,991	38,090	28,664	4,492
total shareholders funds	197,292	180,896	153,820	105,991	38,090	28,664	4,492

	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018
Operating Activities
Operating Profit	21,861	33,427	59,048	83,828	11,637	29,842	5,546
Depreciation
Amortisation
Tax	-5,465	-6,351	-11,219	-15,927	-2,211	-5,670	-1,054
Stock
Debtors	6,048	59,524	21,317	98,586	10,128	62,245	22,338
Creditors	-6,271	33,429	-25,051	32,176	2,166	38,800	18,834
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations	4,077	981	1,461	1,491	1,464	727	988
Investing Activities
capital expenditure	-44,357	-981	-1,461	-1,491	-1,464	-727	-988
Change in Investments
cash flow from investments	-44,357	-981	-1,461	-1,491	-1,464	-727	-988
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities	40,280
share issue
interest
cash flow from financing	40,280
cash and cash equivalents
cash
overdraft
change in cash

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for foundry cast iron limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BN17 area or any other competitors across 12 key performance metrics.

FOUNDRY CAST IRON LIMITED group structure

Foundry Cast Iron Limited has no subsidiary companies.

Ultimate parent company

FOUNDRY CAST IRON LIMITED

10570083

FOUNDRY CAST IRON LIMITED Shareholders

mark spence	70%
mr shane spence	30%

Foundry Cast Iron Limited currently has 1 director, Mr Mark Spence serving since Jan 2017.

officer	country	age	start	end	role
Mr Mark Spence	United Kingdom	58 years	Jan 2017	-	Director

P&L

January 2024

turnover

840.4k

-3%

operating profit

21.9k

gross margin

19.6%

-1.92%

turnover

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

Balance Sheet

January 2024

net assets

197.3k

+0.09%

total assets

331.7k

+0.18%

cash

net assets

Total assets minus all liabilities

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company number

10570083

Type

Private limited with Share Capital

industry

47910 - Retail sale via mail order houses or via Internet

incorporation date

January 2017

ultimate parent company

None

previous names

N/A

address

5 linnet close, littlehampton, BN17 7GW

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 foundry cast iron limited.

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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foundry cast iron limited Company Information

foundry cast iron limited Estimated Valuation

foundry cast iron limited Estimated Valuation

foundry cast iron limited Estimated Valuation

Foundry Cast Iron Limited Overview

Foundry Cast Iron Limited Health Check

FOUNDRY CAST IRON LIMITED financials

foundry cast iron limited Credit Report and Business Information

Foundry Cast Iron Limited Competitor Analysis

foundry cast iron limited Ownership

foundry cast iron limited directors

foundry cast iron limited company details

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