fiftyseven design ltd
fiftyseven design ltd Company Information
Company Number
11417671
Website
fiftysevendesign.co.ukRegistered Address
evolution house iceni court, delft way, norwich, norfolk, NR6 6BB
Industry
Specialised design activities
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
amanda fitton 50%
martin brian fitton 50%
fiftyseven design ltd Estimated Valuation
Pomanda estimates the enterprise value of FIFTYSEVEN DESIGN LTD at £121.8k based on a Turnover of £254.2k and 0.48x industry multiple (adjusted for size and gross margin).
fiftyseven design ltd Estimated Valuation
Pomanda estimates the enterprise value of FIFTYSEVEN DESIGN LTD at £0 based on an EBITDA of £-81.1k and a 3.74x industry multiple (adjusted for size and gross margin).
fiftyseven design ltd Estimated Valuation
Pomanda estimates the enterprise value of FIFTYSEVEN DESIGN LTD at £47k based on Net Assets of £18.9k and 2.48x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fiftyseven Design Ltd Overview
Fiftyseven Design Ltd is a live company located in norwich, NR6 6BB with a Companies House number of 11417671. It operates in the specialised design activities sector, SIC Code 74100. Founded in June 2018, it's largest shareholder is amanda fitton with a 50% stake. Fiftyseven Design Ltd is a young, micro sized company, Pomanda has estimated its turnover at £254.2k with low growth in recent years.
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Fiftyseven Design Ltd Health Check
Pomanda's financial health check has awarded Fiftyseven Design Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £254.2k, make it larger than the average company (£173k)
- Fiftyseven Design Ltd
£173k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.2%)
- Fiftyseven Design Ltd
7.2% - Industry AVG
Production
with a gross margin of 50%, this company has a comparable cost of product (50%)
- Fiftyseven Design Ltd
50% - Industry AVG
Profitability
an operating margin of -37.5% make it less profitable than the average company (9.7%)
- Fiftyseven Design Ltd
9.7% - Industry AVG
Employees
with 3 employees, this is above the industry average (2)
- Fiftyseven Design Ltd
2 - Industry AVG
Pay Structure
on an average salary of £30.2k, the company has an equivalent pay structure (£30.2k)
- Fiftyseven Design Ltd
£30.2k - Industry AVG
Efficiency
resulting in sales per employee of £84.7k, this is less efficient (£100.2k)
- Fiftyseven Design Ltd
£100.2k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (68 days)
- Fiftyseven Design Ltd
68 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (41 days)
- Fiftyseven Design Ltd
41 days - Industry AVG
Stock Days
it holds stock equivalent to 58 days, this is in line with average (50 days)
- Fiftyseven Design Ltd
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (31 weeks)
11 weeks - Fiftyseven Design Ltd
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (54.4%)
85.3% - Fiftyseven Design Ltd
54.4% - Industry AVG
FIFTYSEVEN DESIGN LTD financials
Fiftyseven Design Ltd's latest turnover from June 2023 is estimated at £254.2 thousand and the company has net assets of £18.9 thousand. According to their latest financial statements, we estimate that Fiftyseven Design Ltd has 3 employees and maintains cash reserves of £18.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 25,351 | 33,258 | 27,136 | 13,931 | 3,135 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 25,351 | 33,258 | 27,136 | 13,931 | 3,135 |
| Stock & work in progress | 20,521 | 11,280 | 20,217 | 14,210 | 9,108 |
| Trade Debtors | 63,205 | 49,962 | 59,635 | 60,761 | 76,584 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,798 | 14,383 | 12,384 | 11,828 | 26,873 |
| Cash | 18,064 | 152,294 | 75,603 | 129,581 | 6,787 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 103,588 | 227,919 | 167,839 | 216,380 | 119,352 |
| total assets | 128,939 | 261,177 | 194,975 | 230,311 | 122,487 |
| Bank overdraft | 9,994 | 9,747 | 9,507 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,669 | 6,552 | 10,172 | 6,993 | 16,833 |
| Group/Directors Accounts | 18,201 | 23,013 | 8,210 | 9,120 | 2,340 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 47,051 | 71,010 | 33,800 | 52,141 | 41,850 |
| total current liabilities | 82,915 | 110,322 | 61,689 | 68,254 | 61,023 |
| loans | 20,753 | 30,746 | 40,493 | 50,000 | 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 | 6,338 | 6,301 | 5,300 | 2,647 | 533 |
| total long term liabilities | 27,091 | 37,047 | 45,793 | 52,647 | 533 |
| total liabilities | 110,006 | 147,369 | 107,482 | 120,901 | 61,556 |
| net assets | 18,933 | 113,808 | 87,493 | 109,410 | 60,931 |
| total shareholders funds | 18,933 | 113,808 | 87,493 | 109,410 | 60,931 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 14,076 | 10,893 | 8,006 | 2,381 | 890 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 9,241 | -8,937 | 6,007 | 5,102 | 9,108 |
| Debtors | 658 | -7,674 | -570 | -30,868 | 103,457 |
| Creditors | 1,117 | -3,620 | 3,179 | -9,840 | 16,833 |
| Accruals and Deferred Income | -23,959 | 37,210 | -18,341 | 10,291 | 41,850 |
| Deferred Taxes & Provisions | 37 | 1,001 | 2,653 | 2,114 | 533 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -4,812 | 14,803 | -910 | 6,780 | 2,340 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,993 | -9,747 | -9,507 | 50,000 | 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 | -134,230 | 76,691 | -53,978 | 122,794 | 6,787 |
| overdraft | 247 | 240 | 9,507 | 0 | 0 |
| change in cash | -134,477 | 76,451 | -63,485 | 122,794 | 6,787 |
fiftyseven design ltd Credit Report and Business Information
Fiftyseven Design Ltd Competitor Analysis
Perform a competitor analysis for fiftyseven design ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NR6 area or any other competitors across 12 key performance metrics.
fiftyseven design ltd Ownership
FIFTYSEVEN DESIGN LTD group structure
Fiftyseven Design Ltd has no subsidiary companies.
Ultimate parent company
FIFTYSEVEN DESIGN LTD
11417671
fiftyseven design ltd directors
Fiftyseven Design Ltd currently has 2 directors. The longest serving directors include Mr Martin Fitton (Jun 2018) and Mrs Amanda Fitton (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Fitton | England | 61 years | Jun 2018 | - | Director |
| Mrs Amanda Fitton | England | 61 years | Jun 2018 | - | Director |
P&L
June 2023turnover
254.2k
+36%
operating profit
-95.2k
0%
gross margin
50.1%
-10.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
18.9k
-0.83%
total assets
128.9k
-0.51%
cash
18.1k
-0.88%
net assets
Total assets minus all liabilities
fiftyseven design ltd company details
company number
11417671
Type
Private limited with Share Capital
industry
74100 - Specialised design activities
incorporation date
June 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
evolution house iceni court, delft way, norwich, norfolk, NR6 6BB
accountant
FARNELL CLARKE LIMITED
auditor
-
fiftyseven design 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 fiftyseven design ltd.
fiftyseven design ltd Companies House Filings - See Documents
| date | description | view/download |
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