fromebus limited
fromebus limited Company Information
Company Number
11030429
Website
www.fromebus.co.ukRegistered Address
unit d2 southgate, commerce park, frome, BA11 2RY
Industry
Other passenger land transport n.e.c.
Telephone
01373471474
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
andrew neil young 75%
hilary rosina davis 25%
fromebus limited Estimated Valuation
Pomanda estimates the enterprise value of FROMEBUS LIMITED at £181k based on a Turnover of £776.4k and 0.23x industry multiple (adjusted for size and gross margin).
fromebus limited Estimated Valuation
Pomanda estimates the enterprise value of FROMEBUS LIMITED at £143.5k based on an EBITDA of £54.1k and a 2.65x industry multiple (adjusted for size and gross margin).
fromebus limited Estimated Valuation
Pomanda estimates the enterprise value of FROMEBUS LIMITED at £804.2k based on Net Assets of £421.5k and 1.91x industry multiple (adjusted for liquidity).
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Fromebus Limited Overview
Fromebus Limited is a live company located in frome, BA11 2RY with a Companies House number of 11030429. It operates in the other passenger land transport sector, SIC Code 49390. Founded in October 2017, it's largest shareholder is andrew neil young with a 75% stake. Fromebus Limited is a young, small sized company, Pomanda has estimated its turnover at £776.4k with declining growth in recent years.
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Fromebus Limited Health Check
Pomanda's financial health check has awarded Fromebus Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £776.4k, make it in line with the average company (£768.1k)
- Fromebus Limited
£768.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (2%)
- Fromebus Limited
2% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (27.5%)
- Fromebus Limited
27.5% - Industry AVG
Profitability
an operating margin of -2.3% make it less profitable than the average company (7.2%)
- Fromebus Limited
7.2% - Industry AVG
Employees
with 23 employees, this is similar to the industry average (26)
23 - Fromebus Limited
26 - Industry AVG
Pay Structure
on an average salary of £22.1k, the company has an equivalent pay structure (£22.1k)
- Fromebus Limited
£22.1k - Industry AVG
Efficiency
resulting in sales per employee of £33.8k, this is less efficient (£58.7k)
- Fromebus Limited
£58.7k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is later than average (23 days)
- Fromebus Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (21 days)
- Fromebus Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fromebus Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 148 weeks, this is more cash available to meet short term requirements (63 weeks)
148 weeks - Fromebus Limited
63 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.2%, this is a lower level of debt than the average (39.3%)
28.2% - Fromebus Limited
39.3% - Industry AVG
FROMEBUS LIMITED financials
Fromebus Limited's latest turnover from April 2023 is estimated at £776.4 thousand and the company has net assets of £421.5 thousand. According to their latest financial statements, Fromebus Limited has 23 employees and maintains cash reserves of £411.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| 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 | 23 | 25 | 31 | 30 | 30 | 35 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 86,119 | 135,541 | 206,081 | 244,608 | 201,684 | 124,248 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 86,119 | 135,541 | 206,081 | 244,608 | 201,684 | 124,248 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 89,470 | 89,572 | 88,007 | 113,101 | 135,971 | 106,154 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 411,758 | 384,554 | 268,211 | 538,510 | 722,105 | 782,698 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 501,228 | 474,126 | 356,218 | 651,611 | 858,076 | 888,852 |
| total assets | 587,347 | 609,667 | 562,299 | 896,219 | 1,059,760 | 1,013,100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 144,326 | 163,034 | 177,376 | 617,018 | 839,482 | 949,817 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 144,326 | 163,034 | 177,376 | 617,018 | 839,482 | 949,817 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 21,530 | 24,098 | 36,935 | 43,732 | 34,973 | 18,671 |
| total long term liabilities | 21,530 | 24,098 | 36,935 | 43,732 | 34,973 | 18,671 |
| total liabilities | 165,856 | 187,132 | 214,311 | 660,750 | 874,455 | 968,488 |
| net assets | 421,491 | 422,535 | 347,988 | 235,469 | 185,305 | 44,612 |
| total shareholders funds | 421,491 | 422,535 | 347,988 | 235,469 | 185,305 | 44,612 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 72,029 | 71,271 | 91,327 | 86,320 | 70,471 | 45,394 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -102 | 1,565 | -25,094 | -22,870 | 29,817 | 106,154 |
| Creditors | -18,708 | -14,342 | -439,642 | -222,464 | -110,335 | 949,817 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -2,568 | -12,837 | -6,797 | 8,759 | 16,302 | 18,671 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 27,204 | 116,343 | -270,299 | -183,595 | -60,593 | 782,698 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 27,204 | 116,343 | -270,299 | -183,595 | -60,593 | 782,698 |
fromebus limited Credit Report and Business Information
Fromebus Limited Competitor Analysis
Perform a competitor analysis for fromebus limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
fromebus limited Ownership
FROMEBUS LIMITED group structure
Fromebus Limited has no subsidiary companies.
Ultimate parent company
FROMEBUS LIMITED
11030429
fromebus limited directors
Fromebus Limited currently has 2 directors. The longest serving directors include Mr Andrew Young (Oct 2017) and Miss Hilary Davis (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Young | England | 63 years | Oct 2017 | - | Director |
| Miss Hilary Davis | England | 61 years | Feb 2023 | - | Director |
P&L
April 2023turnover
776.4k
+2%
operating profit
-18k
0%
gross margin
17.3%
+14.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
421.5k
0%
total assets
587.3k
-0.04%
cash
411.8k
+0.07%
net assets
Total assets minus all liabilities
Similar Companies
fromebus limited company details
company number
11030429
Type
Private limited with Share Capital
industry
49390 - Other passenger land transport n.e.c.
incorporation date
October 2017
age
7
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
unit d2 southgate, commerce park, frome, BA11 2RY
last accounts submitted
April 2023
fromebus 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 fromebus limited.
fromebus limited Companies House Filings - See Documents
| date | description | view/download |
|---|
