fs888 ltd
fs888 ltd Company Information
Company Number
12408413
Website
-Registered Address
77 holyhead road, birmingham, B21 0LG
Industry
Unlicensed restaurants and cafes
Telephone
-
Next Accounts Due
242 days late
Group Structure
View All
Directors
Farhad Spinzar4 Years
Shareholders
farhad ahmad sakhi spinzar 100%
fs888 ltd Estimated Valuation
Pomanda estimates the enterprise value of FS888 LTD at £440.3k based on a Turnover of £602.2k and 0.73x industry multiple (adjusted for size and gross margin).
fs888 ltd Estimated Valuation
Pomanda estimates the enterprise value of FS888 LTD at £50.4k based on an EBITDA of £12.5k and a 4.03x industry multiple (adjusted for size and gross margin).
fs888 ltd Estimated Valuation
Pomanda estimates the enterprise value of FS888 LTD at £229.5k based on Net Assets of £61.7k and 3.72x industry multiple (adjusted for liquidity).
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Fs888 Ltd Overview
Fs888 Ltd is a live company located in birmingham, B21 0LG with a Companies House number of 12408413. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in January 2020, it's largest shareholder is farhad ahmad sakhi spinzar with a 100% stake. Fs888 Ltd is a startup, small sized company, Pomanda has estimated its turnover at £602.2k with unknown growth in recent years.
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Fs888 Ltd Health Check
Pomanda's financial health check has awarded Fs888 Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £602.2k, make it in line with the average company (£733.3k)
- Fs888 Ltd
£733.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Fs888 Ltd
- - Industry AVG
Production
with a gross margin of 43%, this company has a higher cost of product (64.5%)
- Fs888 Ltd
64.5% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (8.7%)
- Fs888 Ltd
8.7% - Industry AVG
Employees
with 15 employees, this is below the industry average (41)
15 - Fs888 Ltd
41 - Industry AVG
Pay Structure
on an average salary of £11.4k, the company has an equivalent pay structure (£11.4k)
- Fs888 Ltd
£11.4k - Industry AVG
Efficiency
resulting in sales per employee of £40.1k, this is equally as efficient (£38.3k)
- Fs888 Ltd
£38.3k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (4 days)
- Fs888 Ltd
4 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (33 days)
- Fs888 Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fs888 Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fs888 Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.6%, this is a similar level of debt than the average (73.2%)
75.6% - Fs888 Ltd
73.2% - Industry AVG
FS888 LTD financials
Fs888 Ltd's latest turnover from January 2022 is estimated at £602.2 thousand and the company has net assets of £61.7 thousand. According to their latest financial statements, Fs888 Ltd has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2022 | Jan 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 | 15 | 10 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2022 | Jan 2021 | |
|---|---|---|
| Tangible Assets | 90,668 | 90,418 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 90,668 | 90,418 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 161,888 | 75,084 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 161,888 | 75,084 |
| total assets | 252,556 | 165,502 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 40,821 | 13,889 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 40,821 | 13,889 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 150,000 | 100,000 |
| provisions | 0 | 0 |
| total long term liabilities | 150,000 | 100,000 |
| total liabilities | 190,821 | 113,889 |
| net assets | 61,735 | 51,613 |
| total shareholders funds | 61,735 | 51,613 |
| Jan 2022 | Jan 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 86,804 | 75,084 |
| Creditors | 26,932 | 13,889 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 50,000 | 100,000 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
fs888 ltd Credit Report and Business Information
Fs888 Ltd Competitor Analysis
Perform a competitor analysis for fs888 ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
fs888 ltd Ownership
FS888 LTD group structure
Fs888 Ltd has no subsidiary companies.
Ultimate parent company
FS888 LTD
12408413
fs888 ltd directors
Fs888 Ltd currently has 1 director, Mr Farhad Spinzar serving since Jan 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Farhad Spinzar | United Kingdom | 48 years | Jan 2020 | - | Director |
P&L
January 2022turnover
602.2k
+85%
operating profit
12.5k
0%
gross margin
43%
+12.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
61.7k
+0.2%
total assets
252.6k
+0.53%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
fs888 ltd company details
company number
12408413
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
January 2020
age
4
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
77 holyhead road, birmingham, B21 0LG
last accounts submitted
January 2022
fs888 ltd 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 fs888 ltd.
fs888 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
