fridown limited
fridown limited Company Information
Company Number
12114429
Website
-Registered Address
89 ravensdale road, london, N16 6TH
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
a. schlesinger 100%
fridown limited Estimated Valuation
Pomanda estimates the enterprise value of FRIDOWN LIMITED at £408.4k based on a Turnover of £185.3k and 2.2x industry multiple (adjusted for size and gross margin).
fridown limited Estimated Valuation
Pomanda estimates the enterprise value of FRIDOWN LIMITED at £0 based on an EBITDA of £-17.7k and a 5.03x industry multiple (adjusted for size and gross margin).
fridown limited Estimated Valuation
Pomanda estimates the enterprise value of FRIDOWN LIMITED at £86.4k based on Net Assets of £53.3k and 1.62x industry multiple (adjusted for liquidity).
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Fridown Limited Overview
Fridown Limited is a live company located in london, N16 6TH with a Companies House number of 12114429. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2019, it's largest shareholder is a. schlesinger with a 100% stake. Fridown Limited is a young, micro sized company, Pomanda has estimated its turnover at £185.3k with rapid growth in recent years.
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Fridown Limited Health Check
Pomanda's financial health check has awarded Fridown Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £185.3k, make it smaller than the average company (£830.2k)
- Fridown Limited
£830.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 180%, show it is growing at a faster rate (2.4%)
- Fridown Limited
2.4% - Industry AVG
Production
with a gross margin of 29.9%, this company has a higher cost of product (73.6%)
- Fridown Limited
73.6% - Industry AVG
Profitability
an operating margin of -9.6% make it less profitable than the average company (26.6%)
- Fridown Limited
26.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Fridown Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Fridown Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £185.3k, this is equally as efficient (£177.2k)
- Fridown Limited
£177.2k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (32 days)
- Fridown Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 1102 days, this is slower than average (35 days)
- Fridown Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fridown Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fridown Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.6%, this is a higher level of debt than the average (68.4%)
96.6% - Fridown Limited
68.4% - Industry AVG
FRIDOWN LIMITED financials
Fridown Limited's latest turnover from July 2023 is estimated at £185.3 thousand and the company has net assets of £53.3 thousand. According to their latest financial statements, we estimate that Fridown Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|
| 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
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|
| Tangible Assets | 1,556,705 | 1,556,705 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 1,556,705 | 1,556,705 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,556,705 | 1,556,705 | 1,556,705 | 1,556,705 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,951 | 4,477 | 0 | 2,015 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 50,600 | 51,788 |
| Cash | 0 | 0 | 551 | 10,877 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 19,951 | 4,477 | 51,151 | 64,680 |
| total assets | 1,576,656 | 1,561,182 | 1,607,856 | 1,621,385 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 392,384 | 325,398 | 1,862 | 1,784 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 11,628 | 5,780 |
| total current liabilities | 392,384 | 325,398 | 13,490 | 7,564 |
| loans | 0 | 0 | 1,169,091 | 1,170,078 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 1,000 | 0 | 0 |
| other liabilities | 1,130,938 | 1,163,723 | 409,630 | 443,224 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,130,938 | 1,164,723 | 1,578,721 | 1,613,302 |
| total liabilities | 1,523,322 | 1,490,121 | 1,592,211 | 1,620,866 |
| net assets | 53,334 | 71,061 | 15,645 | 519 |
| total shareholders funds | 53,334 | 71,061 | 15,645 | 519 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 15,474 | -46,123 | -3,203 | 53,803 |
| Creditors | 66,986 | 323,536 | 78 | 1,784 |
| Accruals and Deferred Income | -1,000 | -10,628 | 5,848 | 5,780 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | -1,556,705 | 0 | 1,556,705 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -1,169,091 | -987 | 1,170,078 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -32,785 | 754,093 | -33,594 | 443,224 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | -551 | -10,326 | 10,877 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | -551 | -10,326 | 10,877 |
fridown limited Credit Report and Business Information
Fridown Limited Competitor Analysis
Perform a competitor analysis for fridown limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N16 area or any other competitors across 12 key performance metrics.
fridown limited Ownership
FRIDOWN LIMITED group structure
Fridown Limited has no subsidiary companies.
Ultimate parent company
FRIDOWN LIMITED
12114429
fridown limited directors
Fridown Limited currently has 2 directors. The longest serving directors include Mr Jacob Friedman (Jul 2019) and Mr Akiva Schlesinger (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jacob Friedman | England | 49 years | Jul 2019 | - | Director |
| Mr Akiva Schlesinger | 52 years | Jan 2023 | - | Director |
P&L
July 2023turnover
185.3k
+49%
operating profit
-17.7k
0%
gross margin
30%
+11.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
53.3k
-0.25%
total assets
1.6m
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
fridown limited company details
company number
12114429
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
July 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
FINER ACCOUNTING LTD
auditor
-
address
89 ravensdale road, london, N16 6TH
Bank
-
Legal Advisor
-
fridown 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 4 charges/mortgages relating to fridown limited. Currently there are 4 open charges and 0 have been satisfied in the past.
fridown limited Companies House Filings - See Documents
| date | description | view/download |
|---|
