friargate holdings 2 limited
friargate holdings 2 limited Company Information
Company Number
11720961
Next Accounts
Oct 2025
Shareholders
friargate holdings 1 limited
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
unit 2c saxon business park, littleport, cambridgeshire, CB6 1XX
Website
-friargate holdings 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FRIARGATE HOLDINGS 2 LIMITED at £0 based on a Turnover of £0 and 0.36x industry multiple (adjusted for size and gross margin).
friargate holdings 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FRIARGATE HOLDINGS 2 LIMITED at £0 based on an EBITDA of £-300 and a 3.2x industry multiple (adjusted for size and gross margin).
friargate holdings 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FRIARGATE HOLDINGS 2 LIMITED at £0 based on Net Assets of £-1k and 1.34x industry multiple (adjusted for liquidity).
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Friargate Holdings 2 Limited Overview
Friargate Holdings 2 Limited is a live company located in cambridgeshire, CB6 1XX with a Companies House number of 11720961. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in December 2018, it's largest shareholder is friargate holdings 1 limited with a 100% stake. Friargate Holdings 2 Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Friargate Holdings 2 Limited Health Check
Pomanda's financial health check has awarded Friargate Holdings 2 Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 2 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Friargate Holdings 2 Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Friargate Holdings 2 Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Friargate Holdings 2 Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Friargate Holdings 2 Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Friargate Holdings 2 Limited
- - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Friargate Holdings 2 Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Friargate Holdings 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Friargate Holdings 2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (71%)
- - Friargate Holdings 2 Limited
- - Industry AVG
FRIARGATE HOLDINGS 2 LIMITED financials
Friargate Holdings 2 Limited's latest turnover from January 2024 is 0 and the company has net assets of -£1 thousand. According to their latest financial statements, we estimate that Friargate Holdings 2 Limited has 1 employee 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 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | -300 | -750 | |||
| Interest Payable | 311,467 | 296,368 | 282,001 | ||
| Interest Receivable | 311,467 | 296,368 | 282,001 | ||
| Pre-Tax Profit | -300 | -750 | |||
| Tax | |||||
| Profit After Tax | -300 | -750 | |||
| Dividends Paid | |||||
| Retained Profit | -300 | -750 | |||
| Employee Costs | |||||
| Number Of Employees | |||||
| EBITDA* | -300 | -750 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |
| Stock & work in progress | |||||
| Trade Debtors | |||||
| Group Debtors | 7,924,160 | 7,612,993 | 7,317,375 | 6,285,375 | 5,000,001 |
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 7,924,160 | 7,612,993 | 7,317,375 | 6,285,375 | 5,000,001 |
| total assets | 17,924,160 | 17,612,993 | 17,317,375 | 16,285,375 | 15,000,001 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | |||||
| Group/Directors Accounts | 11,500,000 | 11,500,000 | 11,500,000 | 10,750,000 | 10,000,000 |
| other short term finances | 6,425,209 | 6,113,742 | 5,817,374 | 5,535,374 | 5,000,000 |
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 17,925,209 | 17,613,742 | 17,317,374 | 16,285,374 | 15,000,000 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 17,925,209 | 17,613,742 | 17,317,374 | 16,285,374 | 15,000,000 |
| net assets | -1,049 | -749 | 1 | 1 | 1 |
| total shareholders funds | -1,049 | -749 | 1 | 1 | 1 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -300 | -750 | |||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 311,167 | 295,618 | 1,032,000 | 1,285,374 | 5,000,001 |
| Creditors | |||||
| Accruals and Deferred Income | |||||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | -311,467 | -296,368 | -1,032,000 | -5,000,001 | |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 10,000,000 | ||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 750,000 | 750,000 | 10,000,000 | ||
| Other Short Term Loans | 311,467 | 296,368 | 282,000 | 535,374 | 5,000,000 |
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | 311,467 | 296,368 | 1,032,000 | 15,000,001 | |
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
friargate holdings 2 limited Credit Report and Business Information
Friargate Holdings 2 Limited Competitor Analysis
Perform a competitor analysis for friargate holdings 2 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other young companies, companies in CB6 area or any other competitors across 12 key performance metrics.
friargate holdings 2 limited Ownership
FRIARGATE HOLDINGS 2 LIMITED group structure
Friargate Holdings 2 Limited has no subsidiary companies.
Ultimate parent company
FRIARGATE HOLDINGS 2 LIMITED
11720961
friargate holdings 2 limited directors
Friargate Holdings 2 Limited currently has 3 directors. The longest serving directors include Mr Owen Kirk (Dec 2018) and Mr Michael Cannon (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Owen Kirk | Ireland | 72 years | Dec 2018 | - | Director |
| Mr Michael Cannon | 68 years | Dec 2018 | - | Director | |
| Mr Cathal Cannon | 71 years | Dec 2018 | - | Director |
P&L
January 2024turnover
0
0%
operating profit
-300
-60%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-1k
+0.4%
total assets
17.9m
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
friargate holdings 2 limited company details
company number
11720961
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
December 2018
age
7
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
WOODS AND PARTNERS LIMITED
address
unit 2c saxon business park, littleport, cambridgeshire, CB6 1XX
Bank
-
Legal Advisor
EVERSHEDS SUTHERLAND LLP
friargate holdings 2 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 friargate holdings 2 limited.
friargate holdings 2 limited Capital Raised & Share Issues BETA
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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friargate holdings 2 limited Companies House Filings - See Documents
| date | description | view/download |
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