farhad services ltd
farhad services ltd Company Information
Company Number
11572908
Website
-Registered Address
47 - 49 new hall lane, preston, PR1 5NY
Industry
Agents involved in the sale of food, beverages and tobacco
Manufacture of bread; manufacture of fresh pastry goods and cakes
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Directors
Farhad Faraj6 Years
Shareholders
farhad faraj 50%
aiisha ahmed 50%
farhad services ltd Estimated Valuation
Pomanda estimates the enterprise value of FARHAD SERVICES LTD at £543.6k based on a Turnover of £1.3m and 0.43x industry multiple (adjusted for size and gross margin).
farhad services ltd Estimated Valuation
Pomanda estimates the enterprise value of FARHAD SERVICES LTD at £154.3k based on an EBITDA of £33.9k and a 4.55x industry multiple (adjusted for size and gross margin).
farhad services ltd Estimated Valuation
Pomanda estimates the enterprise value of FARHAD SERVICES LTD at £90.1k based on Net Assets of £28.3k and 3.19x industry multiple (adjusted for liquidity).
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Farhad Services Ltd Overview
Farhad Services Ltd is a live company located in preston, PR1 5NY with a Companies House number of 11572908. It operates in the agents involved in the sale of food, beverages and tobacco sector, SIC Code 46170. Founded in September 2018, it's largest shareholder is farhad faraj with a 50% stake. Farhad Services Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.
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Farhad Services Ltd Health Check
Pomanda's financial health check has awarded Farhad Services Ltd a 2 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
2 Regular
7 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£8.3m)
- Farhad Services Ltd
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.8%)
- Farhad Services Ltd
7.8% - Industry AVG
Production
with a gross margin of 27.6%, this company has a comparable cost of product (27.6%)
- Farhad Services Ltd
27.6% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (3.6%)
- Farhad Services Ltd
3.6% - Industry AVG
Employees
with 10 employees, this is below the industry average (57)
10 - Farhad Services Ltd
57 - Industry AVG
Pay Structure
on an average salary of £28.4k, the company has an equivalent pay structure (£28.4k)
- Farhad Services Ltd
£28.4k - Industry AVG
Efficiency
resulting in sales per employee of £127.4k, this is less efficient (£197.6k)
- Farhad Services Ltd
£197.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Farhad Services Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (33 days)
- Farhad Services Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 70 days, this is more than average (22 days)
- Farhad Services Ltd
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (17 weeks)
27 weeks - Farhad Services Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.2%, this is a higher level of debt than the average (67%)
94.2% - Farhad Services Ltd
67% - Industry AVG
FARHAD SERVICES LTD financials
Farhad Services Ltd's latest turnover from September 2023 is estimated at £1.3 million and the company has net assets of £28.3 thousand. According to their latest financial statements, Farhad Services Ltd has 10 employees and maintains cash reserves of £25.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 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 | 10 | 10 | 6 | 4 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 61,283 | 38,241 | 31,833 | 40,459 | 53,210 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 210,264 | 12,550 | 0 | 0 | 0 |
| Total Fixed Assets | 271,547 | 50,791 | 31,833 | 40,459 | 53,210 |
| Stock & work in progress | 179,372 | 181,532 | 129,120 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 124,489 | 63,383 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,413 | 0 | 2,358 | 0 | 0 |
| Cash | 25,455 | 7,272 | 4,808 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 212,240 | 188,804 | 136,286 | 124,489 | 63,383 |
| total assets | 483,787 | 239,595 | 168,119 | 164,948 | 116,593 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 40,155 | 46,535 | 22,892 | 40,790 | 67,247 |
| Group/Directors Accounts | 0 | 0 | 19,078 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,134 | 21,421 | 56,357 | 0 | 0 |
| total current liabilities | 48,289 | 67,956 | 98,327 | 40,790 | 67,247 |
| loans | 206,606 | 125,122 | 47,509 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 200,618 | 22,487 | 0 | 107,308 | 42,723 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 407,224 | 147,609 | 47,509 | 107,308 | 42,723 |
| total liabilities | 455,513 | 215,565 | 145,836 | 148,098 | 109,970 |
| net assets | 28,274 | 24,030 | 22,283 | 16,850 | 6,623 |
| total shareholders funds | 28,274 | 24,030 | 22,283 | 16,850 | 6,623 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 10,816 | 6,750 | |||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | -2,160 | 52,412 | 129,120 | 0 | 0 |
| Debtors | 205,127 | 10,192 | -122,131 | 61,106 | 63,383 |
| Creditors | -6,380 | 23,643 | -17,898 | -26,457 | 67,247 |
| Accruals and Deferred Income | -13,287 | -34,936 | 56,357 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | -19,078 | 19,078 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 81,484 | 77,613 | 47,509 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 178,131 | 22,487 | -107,308 | 64,585 | 42,723 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 18,183 | 2,464 | 4,808 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 18,183 | 2,464 | 4,808 | 0 | 0 |
farhad services ltd Credit Report and Business Information
Farhad Services Ltd Competitor Analysis
Perform a competitor analysis for farhad services ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in PR1 area or any other competitors across 12 key performance metrics.
farhad services ltd Ownership
FARHAD SERVICES LTD group structure
Farhad Services Ltd has no subsidiary companies.
Ultimate parent company
FARHAD SERVICES LTD
11572908
farhad services ltd directors
Farhad Services Ltd currently has 1 director, Mr Farhad Faraj serving since Sep 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Farhad Faraj | England | 52 years | Sep 2018 | - | Director |
P&L
September 2023turnover
1.3m
+5%
operating profit
23.1k
0%
gross margin
27.7%
-6.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
28.3k
+0.18%
total assets
483.8k
+1.02%
cash
25.5k
+2.5%
net assets
Total assets minus all liabilities
farhad services ltd company details
company number
11572908
Type
Private limited with Share Capital
industry
46170 - Agents involved in the sale of food, beverages and tobacco
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
47240 - Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
incorporation date
September 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
MOTIF ACCOUNTING
auditor
-
address
47 - 49 new hall lane, preston, PR1 5NY
Bank
-
Legal Advisor
-
farhad services 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 farhad services ltd.
farhad services ltd Companies House Filings - See Documents
| date | description | view/download |
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