firexo group limited
firexo group limited Company Information
Company Number
11085973
Website
firexo.comRegistered Address
coyle white devine, boughton business park, amersham, buckinghamshire, HP6 6FA
Industry
Fire service activities
Telephone
442079896101
Next Accounts Due
11 days late
Group Structure
View All
Shareholders
firexo corporation 100%
firexo group limited Estimated Valuation
Pomanda estimates the enterprise value of FIREXO GROUP LIMITED at £438.9k based on a Turnover of £577.8k and 0.76x industry multiple (adjusted for size and gross margin).
firexo group limited Estimated Valuation
Pomanda estimates the enterprise value of FIREXO GROUP LIMITED at £0 based on an EBITDA of £-1.2m and a 4.39x industry multiple (adjusted for size and gross margin).
firexo group limited Estimated Valuation
Pomanda estimates the enterprise value of FIREXO GROUP LIMITED at £0 based on Net Assets of £-1.2m and 1.87x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Firexo Group Limited Overview
Firexo Group Limited is a live company located in amersham, HP6 6FA with a Companies House number of 11085973. It operates in the fire service activities sector, SIC Code 84250. Founded in November 2017, it's largest shareholder is firexo corporation with a 100% stake. Firexo Group Limited is a young, small sized company, Pomanda has estimated its turnover at £577.8k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Firexo Group Limited Health Check
Pomanda's financial health check has awarded Firexo Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £577.8k, make it smaller than the average company (£1.1m)
- Firexo Group Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (2.3%)
- Firexo Group Limited
2.3% - Industry AVG
Production
with a gross margin of 60.9%, this company has a comparable cost of product (60.9%)
- Firexo Group Limited
60.9% - Industry AVG
Profitability
an operating margin of -216.9% make it less profitable than the average company (7.3%)
- Firexo Group Limited
7.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (19)
3 - Firexo Group Limited
19 - Industry AVG
Pay Structure
on an average salary of £37.2k, the company has an equivalent pay structure (£37.2k)
- Firexo Group Limited
£37.2k - Industry AVG
Efficiency
resulting in sales per employee of £192.6k, this is more efficient (£102.9k)
- Firexo Group Limited
£102.9k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (56 days)
- Firexo Group Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 784 days, this is slower than average (46 days)
- Firexo Group Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Firexo Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Firexo Group Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 302.6%, this is a higher level of debt than the average (64.1%)
302.6% - Firexo Group Limited
64.1% - Industry AVG
FIREXO GROUP LIMITED financials
Firexo Group Limited's latest turnover from December 2022 is estimated at £577.8 thousand and the company has net assets of -£1.2 million. According to their latest financial statements, Firexo Group Limited has 3 employees and maintains cash reserves of £12.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Nov 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 | 3 | 3 | 3 | 8 | 17 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Nov 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 14,955 | 25,773 | 34,703 | 24,064 |
| Intangible Assets | 417,818 | 575,769 | 58,014 | 27,927 | 0 |
| Investments & Other | 100 | 100 | 100 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 417,918 | 590,824 | 83,887 | 62,630 | 24,064 |
| Stock & work in progress | 0 | 519,707 | 468,280 | 0 | 0 |
| Trade Debtors | 42,686 | 104,772 | 34,810 | 66,188 | 0 |
| Group Debtors | 0 | 119,559 | 11,158 | 256,781 | 0 |
| Misc Debtors | 129,987 | 199,250 | 88,553 | 291,854 | 171,243 |
| Cash | 12,353 | 12,014 | 183,249 | 174,156 | 322,677 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 185,026 | 955,302 | 786,050 | 788,979 | 493,920 |
| total assets | 602,944 | 1,546,126 | 869,937 | 851,609 | 517,984 |
| Bank overdraft | 499,900 | 349,950 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 485,722 | 692,804 | 304,101 | 298,034 | 179,736 |
| Group/Directors Accounts | 0 | 131,475 | 131,914 | 0 | 0 |
| other short term finances | 0 | 21,013 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 42,808 | 240,703 | 134,241 | 375,224 | 229,315 |
| total current liabilities | 1,028,430 | 1,435,945 | 570,256 | 673,258 | 409,051 |
| loans | 796,191 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 796,191 | 0 | 0 | 0 | 0 |
| total liabilities | 1,824,621 | 1,435,945 | 570,256 | 673,258 | 409,051 |
| net assets | -1,221,677 | 110,181 | 299,681 | 178,351 | 108,933 |
| total shareholders funds | -1,221,677 | 110,181 | 299,681 | 178,351 | 108,933 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Nov 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 12,148 | 17,689 | 18,968 | 20,165 | 1,247 |
| Amortisation | 25,525 | 10,802 | 5,632 | 1,238 | 0 |
| Tax | |||||
| Stock | -519,707 | 51,427 | 468,280 | 0 | 0 |
| Debtors | -250,908 | 289,060 | -480,302 | 443,580 | 171,243 |
| Creditors | -207,082 | 388,703 | 6,067 | 118,298 | 179,736 |
| Accruals and Deferred Income | -197,895 | 106,462 | -240,983 | 145,909 | 229,315 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 100 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -131,475 | -439 | 131,914 | 0 | 0 |
| Other Short Term Loans | -21,013 | 21,013 | 0 | 0 | 0 |
| Long term loans | 796,191 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 339 | -171,235 | 9,093 | -148,521 | 322,677 |
| overdraft | 149,950 | 349,950 | 0 | 0 | 0 |
| change in cash | -149,611 | -521,185 | 9,093 | -148,521 | 322,677 |
firexo group limited Credit Report and Business Information
Firexo Group Limited Competitor Analysis
Perform a competitor analysis for firexo group limited by selecting its closest rivals, whether from the PUBLIC ADMINISTRATION AND DEFENCE; COMPULSORY SOCIAL SECURITY sector, other small companies, companies in HP6 area or any other competitors across 12 key performance metrics.
firexo group limited Ownership
FIREXO GROUP LIMITED group structure
Firexo Group Limited has 2 subsidiary companies.
Ultimate parent company
FIREXO CORPORATION
#0146564
2 parents
FIREXO GROUP LIMITED
11085973
2 subsidiaries
firexo group limited directors
Firexo Group Limited currently has 2 directors. The longest serving directors include Mr David Breith (Mar 2018) and Winand Staring (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Breith | United Kingdom | 55 years | Mar 2018 | - | Director |
| Winand Staring | United Kingdom | 76 years | Jan 2021 | - | Director |
P&L
December 2022turnover
577.8k
-46%
operating profit
-1.3m
0%
gross margin
60.9%
+12.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-1.2m
-12.09%
total assets
602.9k
-0.61%
cash
12.4k
+0.03%
net assets
Total assets minus all liabilities
firexo group limited company details
company number
11085973
Type
Private limited with Share Capital
industry
84250 - Fire service activities
incorporation date
November 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
incuhub inv 1 limited (May 2018)
last accounts submitted
December 2022
address
coyle white devine, boughton business park, amersham, buckinghamshire, HP6 6FA
accountant
-
auditor
-
firexo group 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 found 3 charges/mortgages relating to firexo group limited. Currently there are 1 open charges and 2 have been satisfied in the past.
firexo group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
