fine fit fasteners limited Company Information
Group Structure
View All
Industry
Retail sale via mail order houses or via Internet
Registered Address
32 jubilee drive, loughborough, LE11 5XS
Website
finefitfasteners.co.ukfine fit fasteners limited Estimated Valuation
Pomanda estimates the enterprise value of FINE FIT FASTENERS LIMITED at £28k based on a Turnover of £113.1k and 0.25x industry multiple (adjusted for size and gross margin).
fine fit fasteners limited Estimated Valuation
Pomanda estimates the enterprise value of FINE FIT FASTENERS LIMITED at £43.1k based on an EBITDA of £15.1k and a 2.85x industry multiple (adjusted for size and gross margin).
fine fit fasteners limited Estimated Valuation
Pomanda estimates the enterprise value of FINE FIT FASTENERS LIMITED at £0 based on Net Assets of £-99.1k and 2.21x industry multiple (adjusted for liquidity).
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Fine Fit Fasteners Limited Overview
Fine Fit Fasteners Limited is a live company located in loughborough, LE11 5XS with a Companies House number of 12324609. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in November 2019, it's largest shareholder is shilpa sudesh patel with a 100% stake. Fine Fit Fasteners Limited is a young, micro sized company, Pomanda has estimated its turnover at £113.1k with low growth in recent years.
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Fine Fit Fasteners Limited Health Check
Pomanda's financial health check has awarded Fine Fit Fasteners Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
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3 Strong
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2 Regular
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5 Weak
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Size
annual sales of £113.1k, make it smaller than the average company (£307.5k)
- Fine Fit Fasteners Limited
£307.5k - Industry AVG
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Growth
3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (3.1%)
- Fine Fit Fasteners Limited
3.1% - Industry AVG
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Production
with a gross margin of 19.1%, this company has a higher cost of product (36.5%)
- Fine Fit Fasteners Limited
36.5% - Industry AVG
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Profitability
an operating margin of 13.4% make it more profitable than the average company (2.7%)
- Fine Fit Fasteners Limited
2.7% - Industry AVG
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Employees
with 2 employees, this is below the industry average (4)
2 - Fine Fit Fasteners Limited
4 - Industry AVG
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Pay Structure
on an average salary of £29.1k, the company has an equivalent pay structure (£29.1k)
- Fine Fit Fasteners Limited
£29.1k - Industry AVG
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Efficiency
resulting in sales per employee of £56.6k, this is less efficient (£159.2k)
- Fine Fit Fasteners Limited
£159.2k - Industry AVG
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Debtor Days
it gets paid by customers after 0 days, this is earlier than average (22 days)
- Fine Fit Fasteners Limited
22 days - Industry AVG
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Creditor Days
its suppliers are paid after 250 days, this is slower than average (34 days)
- Fine Fit Fasteners Limited
34 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fine Fit Fasteners Limited
- - Industry AVG
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fine Fit Fasteners Limited
- - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 112683%, this is a higher level of debt than the average (72.5%)
112683% - Fine Fit Fasteners Limited
72.5% - Industry AVG
FINE FIT FASTENERS LIMITED financials
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Fine Fit Fasteners Limited's latest turnover from March 2024 is estimated at £113.1 thousand and the company has net assets of -£99.1 thousand. According to their latest financial statements, Fine Fit Fasteners Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|
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 | 2 | 3 | 4 | 4 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 |
Trade Debtors | 88 | 1,609 | 1,945 | 4,400 |
Group Debtors | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 |
total current assets | 88 | 1,609 | 1,945 | 4,400 |
total assets | 88 | 1,609 | 1,945 | 4,400 |
Bank overdraft | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 |
Trade Creditors | 62,700 | 71,667 | 51,057 | 10,123 |
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 | 0 | 0 |
total current liabilities | 62,700 | 71,667 | 51,057 | 10,123 |
loans | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 |
other liabilities | 36,461 | 40,362 | 45,370 | 50,000 |
provisions | 0 | 0 | 0 | 0 |
total long term liabilities | 36,461 | 40,362 | 45,370 | 50,000 |
total liabilities | 99,161 | 112,029 | 96,427 | 60,123 |
net assets | -99,073 | -110,420 | -94,482 | -55,723 |
total shareholders funds | -99,073 | -110,420 | -94,482 | -55,723 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | ||||
Depreciation | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 |
Tax | ||||
Stock | 0 | 0 | 0 | 0 |
Debtors | -1,521 | -336 | -2,455 | 4,400 |
Creditors | -8,967 | 20,610 | 40,934 | 10,123 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||
Investing Activities | ||||
capital expenditure | ||||
Change in Investments | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
other long term liabilities | -3,901 | -5,008 | -4,630 | 50,000 |
share issue | ||||
interest | ||||
cash flow from financing | ||||
cash and cash equivalents | ||||
cash | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 |
fine fit fasteners limited Credit Report and Business Information
Fine Fit Fasteners Limited Competitor Analysis
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Perform a competitor analysis for fine fit fasteners limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in LE11 area or any other competitors across 12 key performance metrics.
fine fit fasteners limited Ownership
FINE FIT FASTENERS LIMITED group structure
Fine Fit Fasteners Limited has no subsidiary companies.
Ultimate parent company
FINE FIT FASTENERS LIMITED
12324609
fine fit fasteners limited directors
Fine Fit Fasteners Limited currently has 1 director, Mrs Shilpa Patel serving since Nov 2019.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Shilpa Patel | 45 years | Nov 2019 | - | Director |
P&L
March 2024turnover
113.1k
-18%
operating profit
15.1k
0%
gross margin
19.2%
-4.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-99.1k
-0.1%
total assets
88
-0.95%
cash
0
0%
net assets
Total assets minus all liabilities
fine fit fasteners limited company details
company number
12324609
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
November 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
32 jubilee drive, loughborough, LE11 5XS
Bank
-
Legal Advisor
-
fine fit fasteners 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 fine fit fasteners limited.
fine fit fasteners 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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fine fit fasteners limited Companies House Filings - See Documents
date | description | view/download |
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