firstborn group limited
firstborn group limited Company Information
Company Number
12822767
Website
roimedia.groupRegistered Address
squire patton boggs (uk) llp, rutland house, birmingham, B3 2JR
Industry
Web portals
Telephone
01612416609
Next Accounts Due
43 days late
Group Structure
View All
Shareholders
roi media ltd 100%
firstborn group limited Estimated Valuation
Pomanda estimates the enterprise value of FIRSTBORN GROUP LIMITED at £2.6m based on a Turnover of £3.2m and 0.8x industry multiple (adjusted for size and gross margin).
firstborn group limited Estimated Valuation
Pomanda estimates the enterprise value of FIRSTBORN GROUP LIMITED at £1.4m based on an EBITDA of £406.6k and a 3.57x industry multiple (adjusted for size and gross margin).
firstborn group limited Estimated Valuation
Pomanda estimates the enterprise value of FIRSTBORN GROUP LIMITED at £1.1m based on Net Assets of £497.8k and 2.21x industry multiple (adjusted for liquidity).
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Firstborn Group Limited Overview
Firstborn Group Limited is a live company located in birmingham, B3 2JR with a Companies House number of 12822767. It operates in the web portals sector, SIC Code 63120. Founded in August 2020, it's largest shareholder is roi media ltd with a 100% stake. Firstborn Group Limited is a startup, small sized company, Pomanda has estimated its turnover at £3.2m with unknown growth in recent years.
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Firstborn Group Limited Health Check
Pomanda's financial health check has awarded Firstborn Group Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £3.2m, make it larger than the average company (£2.6m)
£3.2m - Firstborn Group Limited
£2.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Firstborn Group Limited
- - Industry AVG
Production
with a gross margin of 37.5%, this company has a higher cost of product (63.1%)
37.5% - Firstborn Group Limited
63.1% - Industry AVG
Profitability
an operating margin of -3.5% make it less profitable than the average company (2.6%)
-3.5% - Firstborn Group Limited
2.6% - Industry AVG
Employees
with 7 employees, this is below the industry average (19)
7 - Firstborn Group Limited
19 - Industry AVG
Pay Structure
on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)
- Firstborn Group Limited
£49.9k - Industry AVG
Efficiency
resulting in sales per employee of £463.2k, this is more efficient (£123.7k)
£463.2k - Firstborn Group Limited
£123.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (36 days)
0 days - Firstborn Group Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (37 days)
27 days - Firstborn Group Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Firstborn Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (17 weeks)
1 weeks - Firstborn Group Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.7%, this is a higher level of debt than the average (70.9%)
87.7% - Firstborn Group Limited
70.9% - Industry AVG
FIRSTBORN GROUP LIMITED financials
Firstborn Group Limited's latest turnover from December 2022 is £3.2 million and the company has net assets of £497.8 thousand. According to their latest financial statements, Firstborn Group Limited has 7 employees and maintains cash reserves of £106.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Turnover | 3,242,460 | 597,256 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 2,025,126 | 75,376 |
| Gross Profit | 1,217,334 | 521,880 |
| Admin Expenses | 1,330,507 | 657,487 |
| Operating Profit | -113,173 | -135,607 |
| Interest Payable | 0 | 320,071 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | 2,997,449 | -455,678 |
| Tax | -44,059 | 0 |
| Profit After Tax | 2,953,390 | -455,678 |
| Dividends Paid | 0 | 0 |
| Retained Profit | 2,953,390 | -455,678 |
| Employee Costs | ||
| Number Of Employees | 7 | 7 |
| EBITDA* | 406,556 | 321,627 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Tangible Assets | 75,515 | 1,022 |
| Intangible Assets | 3,304,330 | 3,473,561 |
| Investments & Other | 2,001 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 3,381,846 | 3,474,583 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 2,826 | 6,197 |
| Group Debtors | 117,589 | 1,729 |
| Misc Debtors | 432,885 | 117,071 |
| Cash | 106,209 | 94,342 |
| misc current assets | 0 | 0 |
| total current assets | 659,509 | 219,339 |
| total assets | 4,041,355 | 3,693,922 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 152,000 | 24,082 |
| Group/Directors Accounts | 3,279,094 | 868,977 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 68,390 | 228,160 |
| total current liabilities | 3,499,484 | 1,121,219 |
| loans | 0 | 3,028,281 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 44,059 | 0 |
| total long term liabilities | 44,059 | 3,028,281 |
| total liabilities | 3,543,543 | 4,149,500 |
| net assets | 497,812 | -455,578 |
| total shareholders funds | 497,812 | -455,578 |
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -113,173 | -135,607 |
| Depreciation | 23,253 | 2,786 |
| Amortisation | 496,476 | 454,448 |
| Tax | -44,059 | 0 |
| Stock | 0 | 0 |
| Debtors | 428,303 | 124,997 |
| Creditors | 127,918 | 24,082 |
| Accruals and Deferred Income | -159,770 | 228,160 |
| Deferred Taxes & Provisions | 44,059 | 0 |
| Cash flow from operations | -53,599 | 448,872 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 2,001 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 2,410,117 | 868,977 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | -3,028,281 | 3,028,281 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | 0 | -320,071 |
| cash flow from financing | -2,618,164 | 3,577,287 |
| cash and cash equivalents | ||
| cash | 11,867 | 94,342 |
| overdraft | 0 | 0 |
| change in cash | 11,867 | 94,342 |
firstborn group limited Credit Report and Business Information
Firstborn Group Limited Competitor Analysis
Perform a competitor analysis for firstborn group limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in B 3 area or any other competitors across 12 key performance metrics.
firstborn group limited Ownership
FIRSTBORN GROUP LIMITED group structure
Firstborn Group Limited has no subsidiary companies.
Ultimate parent company
FIRSTBORN GROUP LIMITED
12822767
firstborn group limited directors
Firstborn Group Limited currently has 3 directors. The longest serving directors include Mr Pinesh Mehta (Aug 2020) and Mr Philip Male (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Pinesh Mehta | England | 43 years | Aug 2020 | - | Director |
| Mr Philip Male | 58 years | Aug 2020 | - | Director | |
| Mr David Pearce | United Kingdom | 48 years | Aug 2024 | - | Director |
P&L
December 2022turnover
3.2m
+443%
operating profit
-113.2k
-17%
gross margin
37.6%
-57.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
497.8k
-2.09%
total assets
4m
+0.09%
cash
106.2k
+0.13%
net assets
Total assets minus all liabilities
Similar Companies
firstborn group limited company details
company number
12822767
Type
Private limited with Share Capital
industry
63120 - Web portals
incorporation date
August 2020
age
4
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
roi media uk ltd (April 2022)
accountant
-
auditor
HURST ACCOUNTANTS LIMITED
address
squire patton boggs (uk) llp, rutland house, birmingham, B3 2JR
Bank
-
Legal Advisor
-
firstborn group 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 firstborn group limited. Currently there are 2 open charges and 2 have been satisfied in the past.
firstborn group limited Companies House Filings - See Documents
| date | description | view/download |
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