fine fit fasteners limited

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fine fit fasteners limited Company Information

Share FINE FIT FASTENERS LIMITED

Company Number

12324609

Directors

Shilpa Patel

Shareholders

shilpa sudesh patel

Group Structure

View All

Industry

Retail sale via mail order houses or via Internet

 

Registered Address

32 jubilee drive, loughborough, LE11 5XS

fine fit fasteners limited Estimated Valuation

£28k

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

£43.1k

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

£0

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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £113.1k, make it smaller than the average company (£307.5k)

£113.1k - Fine Fit Fasteners Limited

£307.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (3.1%)

3% - Fine Fit Fasteners Limited

3.1% - Industry AVG

production

Production

with a gross margin of 19.1%, this company has a higher cost of product (36.5%)

19.1% - Fine Fit Fasteners Limited

36.5% - Industry AVG

profitability

Profitability

an operating margin of 13.4% make it more profitable than the average company (2.7%)

13.4% - Fine Fit Fasteners Limited

2.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Fine Fit Fasteners Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.1k, the company has an equivalent pay structure (£29.1k)

£29.1k - Fine Fit Fasteners Limited

£29.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £56.6k, this is less efficient (£159.2k)

£56.6k - Fine Fit Fasteners Limited

£159.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (22 days)

0 days - Fine Fit Fasteners Limited

22 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 250 days, this is slower than average (34 days)

250 days - Fine Fit Fasteners Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fine Fit Fasteners Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Fine Fit Fasteners Limited

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021
Turnover113,110137,784142,737103,276
Other Income Or Grants0000
Cost Of Sales91,496110,277111,22179,896
Gross Profit21,61527,50731,51623,380
Admin Expenses6,48643,44570,27579,103
Operating Profit15,129-15,938-38,759-55,723
Interest Payable0000
Interest Receivable0000
Pre-Tax Profit15,129-15,938-38,759-55,723
Tax-3,782000
Profit After Tax11,347-15,938-38,759-55,723
Dividends Paid0000
Retained Profit11,347-15,938-38,759-55,723
Employee Costs58,19582,008110,394108,248
Number Of Employees2344
EBITDA*15,129-15,938-38,759-55,723

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021
Tangible Assets0000
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets0000
Stock & work in progress0000
Trade Debtors881,6091,9454,400
Group Debtors0000
Misc Debtors0000
Cash0000
misc current assets0000
total current assets881,6091,9454,400
total assets881,6091,9454,400
Bank overdraft0000
Bank loan0000
Trade Creditors 62,70071,66751,05710,123
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities0000
total current liabilities62,70071,66751,05710,123
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities36,46140,36245,37050,000
provisions0000
total long term liabilities36,46140,36245,37050,000
total liabilities99,161112,02996,42760,123
net assets-99,073-110,420-94,482-55,723
total shareholders funds-99,073-110,420-94,482-55,723
Mar 2024Mar 2023Mar 2022Mar 2021
Operating Activities
Operating Profit15,129-15,938-38,759-55,723
Depreciation0000
Amortisation0000
Tax-3,782000
Stock0000
Debtors-1,521-336-2,4554,400
Creditors-8,96720,61040,93410,123
Accruals and Deferred Income0000
Deferred Taxes & Provisions0000
Cash flow from operations3,9015,0084,630-50,000
Investing Activities
capital expenditure0000
Change in Investments0000
cash flow from investments0000
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities-3,901-5,008-4,63050,000
share issue0000
interest0000
cash flow from financing-3,901-5,008-4,63050,000
cash and cash equivalents
cash0000
overdraft0000
change in cash0000

fine fit fasteners limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Fine Fit Fasteners Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

shilpa sudesh patel 100%

fine fit fasteners limited directors

Fine Fit Fasteners Limited currently has 1 director, Mrs Shilpa Patel serving since Nov 2019.

officercountryagestartendrole
Mrs Shilpa Patel45 years Nov 2019- Director

P&L

March 2024

turnover

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 2024

net 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

None

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

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