Pomanda estimates the enterprise value of FIREFLY HOLDINGS (MANCHESTER) LTD at £1.5m based on a Turnover of £2.3m and 0.67x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FIREFLY HOLDINGS (MANCHESTER) LTD at £0 based on an EBITDA of £-96.6k and a 4.29x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FIREFLY HOLDINGS (MANCHESTER) LTD at £0 based on Net Assets of £-529.1k and 2.36x industry multiple (adjusted for liquidity).
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Firefly Holdings (manchester) LtdOverview
Firefly Holdings (manchester) Ltd is a live company located in whitefield, M45 7TA with a Companies House number of 12369843. It operates in the licenced restaurants sector, SIC Code 56101. Founded in December 2019, it's largest shareholder is
daniel noel drinkwater
with a 70% stake. Firefly Holdings (manchester) Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£2.3m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Firefly Holdings (Manchester) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
3 Regular
4 Weak
Size
annual sales of £2.3m, make it in line with the average company (£2.1m)
£2.3m - Firefly Holdings (manchester) Ltd
£2.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Firefly Holdings (manchester) Ltd
- - Industry AVG
Production
with a gross margin of 56.6%, this company has a comparable cost of product (56.6%)
56.6% - Firefly Holdings (manchester) Ltd
56.6% - Industry AVG
Profitability
an operating margin of -5.5% make it less profitable than the average company (5.7%)
-5.5% - Firefly Holdings (manchester) Ltd
5.7% - Industry AVG
Employees
with 70 employees, this is above the industry average (49)
70 - Firefly Holdings (manchester) Ltd
49 - Industry AVG
Pay Structure
on an average salary of £19.9k, the company has an equivalent pay structure (£19.9k)
£19.9k - Firefly Holdings (manchester) Ltd
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £32.9k, this is less efficient (£51.4k)
£32.9k - Firefly Holdings (manchester) Ltd
£51.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (6 days)
0 days - Firefly Holdings (manchester) Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 137 days, this is slower than average (55 days)
137 days - Firefly Holdings (manchester) Ltd
55 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Firefly Holdings (manchester) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (17 weeks)
8 weeks - Firefly Holdings (manchester) Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 179.5%, this is a higher level of debt than the average (80.2%)
179.5% - Firefly Holdings (manchester) Ltd
80.2% - Industry AVG
FIREFLY HOLDINGS (MANCHESTER) LTD financials
EXPORT
Firefly Holdings (Manchester) Ltd's latest turnover from December 2022 is estimated at £2.3 million and the company has net assets of -£529.1 thousand. According to their latest financial statements, Firefly Holdings (Manchester) Ltd has 70 employees and maintains cash reserves of £156.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2022
Dec 2021
Dec 2020
Turnover
2,300,009
1,222,102
956,475
Other Income Or Grants
Cost Of Sales
997,438
524,738
393,216
Gross Profit
1,302,570
697,364
563,259
Admin Expenses
1,429,990
708,121
953,273
Operating Profit
-127,420
-10,757
-390,014
Interest Payable
4,511
3,129
1,525
Interest Receivable
7,630
398
19
Pre-Tax Profit
-124,301
-13,488
-391,520
Tax
Profit After Tax
-124,301
-13,488
-391,520
Dividends Paid
Retained Profit
-124,301
-13,488
-391,520
Employee Costs
1,393,979
979,026
513,495
Number Of Employees
70
54
29
EBITDA*
-96,617
90,237
-277,318
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022
Dec 2021
Dec 2020
Tangible Assets
368,590
358,368
405,183
Intangible Assets
79,800
91,200
102,600
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
448,390
449,568
507,783
Stock & work in progress
21,162
1,200
Trade Debtors
1,050
3,405
Group Debtors
Misc Debtors
59,620
35,613
21,908
Cash
156,287
279,713
38,653
misc current assets
total current assets
216,957
339,893
61,761
total assets
665,347
789,461
569,544
Bank overdraft
Bank loan
6,678
6,618
Trade Creditors
376,031
380,735
200,917
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
579,841
481,530
279,719
total current liabilities
962,550
868,883
480,636
loans
38,142
43,523
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
113,645
207,104
353,379
provisions
80,119
74,759
76,949
total long term liabilities
231,906
325,386
480,328
total liabilities
1,194,456
1,194,269
960,964
net assets
-529,109
-404,808
-391,420
total shareholders funds
-529,109
-404,808
-391,420
Dec 2022
Dec 2021
Dec 2020
Operating Activities
Operating Profit
-127,420
-10,757
-390,014
Depreciation
19,403
89,594
101,296
Amortisation
11,400
11,400
11,400
Tax
Stock
-21,162
19,962
1,200
Debtors
21,652
17,110
21,908
Creditors
-4,704
179,818
200,917
Accruals and Deferred Income
98,311
201,811
279,719
Deferred Taxes & Provisions
5,360
-2,190
76,949
Cash flow from operations
1,860
432,604
257,159
Investing Activities
capital expenditure
-29,625
-42,779
-620,479
Change in Investments
cash flow from investments
-29,625
-42,779
-620,479
Financing Activities
Bank loans
60
6,618
Group/Directors Accounts
Other Short Term Loans
Long term loans
-5,381
-6,477
50,000
Hire Purchase and Lease Commitments
other long term liabilities
-93,459
-146,275
353,379
share issue
100
100
interest
3,119
-2,731
-1,506
cash flow from financing
-95,661
-148,765
401,973
cash and cash equivalents
cash
-123,426
241,060
38,653
overdraft
change in cash
-123,426
241,060
38,653
firefly holdings (manchester) ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for firefly holdings (manchester) ltd. Get real-time insights into firefly holdings (manchester) ltd's credit score, group structure and payment trends.
Perform a competitor analysis for firefly holdings (manchester) ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in M45 area or any other competitors across 12 key performance metrics.
firefly holdings (manchester) ltd Ownership
FIREFLY HOLDINGS (MANCHESTER) LTD group structure
Firefly Holdings (Manchester) Ltd has no subsidiary companies.
Ultimate parent company
FIREFLY HOLDINGS (MANCHESTER) LTD
12369843
FIREFLY HOLDINGS (MANCHESTER) LTD Shareholders
The largest shareholders in Firefly Holdings (Manchester) Ltd include Daniel Noel Drinkwater and Christian Anthony Coates.
daniel noel drinkwater
70%
christian anthony coates
30%
firefly holdings (manchester) ltd directors
Firefly Holdings (Manchester) Ltd currently has 1 director, Mr Christian Coates serving since Dec 2019.
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 2 charges/mortgages relating to firefly holdings (manchester) ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
firefly holdings (manchester) ltd 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.
Click to start generating capital raising & share issue transactions for FIREFLY HOLDINGS (MANCHESTER) LTD. This can take several minutes, an email will notify you when this has completed.
firefly holdings (manchester) ltdCompanies House Filings - See Documents
