firstborn group limited

2.5

firstborn group limited Company Information

Share FIRSTBORN GROUP LIMITED
Live 
StartupSmall

Company Number

12822767

Registered 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

Directors

Pinesh Mehta4 Years

Philip Male4 Years

View All

Shareholders

roi media ltd 100%

firstborn group limited Estimated Valuation

£2.6m

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

£1.4m

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

£1.1m

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).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

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

Growth

There is insufficient data available for this Key Performance Indicator!

- - Firstborn Group Limited

- - Industry AVG

production

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

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

Employees

with 7 employees, this is below the industry average (19)

7 - Firstborn Group Limited

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)

£49.9k - Firstborn Group Limited

£49.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £463.2k, this is more efficient (£123.7k)

£463.2k - Firstborn Group Limited

£123.7k - Industry AVG

debtordays

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

creditordays

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

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Firstborn Group Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2022Dec 2021
Turnover3,242,460597,256
Other Income Or Grants00
Cost Of Sales2,025,12675,376
Gross Profit1,217,334521,880
Admin Expenses1,330,507657,487
Operating Profit-113,173-135,607
Interest Payable0320,071
Interest Receivable00
Pre-Tax Profit2,997,449-455,678
Tax-44,0590
Profit After Tax2,953,390-455,678
Dividends Paid00
Retained Profit2,953,390-455,678
Employee Costs349,532361,282
Number Of Employees77
EBITDA*406,556321,627

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021
Tangible Assets75,5151,022
Intangible Assets3,304,3303,473,561
Investments & Other2,0010
Debtors (Due After 1 year)00
Total Fixed Assets3,381,8463,474,583
Stock & work in progress00
Trade Debtors2,8266,197
Group Debtors117,5891,729
Misc Debtors432,885117,071
Cash106,20994,342
misc current assets00
total current assets659,509219,339
total assets4,041,3553,693,922
Bank overdraft00
Bank loan00
Trade Creditors 152,00024,082
Group/Directors Accounts3,279,094868,977
other short term finances00
hp & lease commitments00
other current liabilities68,390228,160
total current liabilities3,499,4841,121,219
loans03,028,281
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions44,0590
total long term liabilities44,0593,028,281
total liabilities3,543,5434,149,500
net assets497,812-455,578
total shareholders funds497,812-455,578
Dec 2022Dec 2021
Operating Activities
Operating Profit-113,173-135,607
Depreciation23,2532,786
Amortisation496,476454,448
Tax-44,0590
Stock00
Debtors428,303124,997
Creditors127,91824,082
Accruals and Deferred Income-159,770228,160
Deferred Taxes & Provisions44,0590
Cash flow from operations-53,599448,872
Investing Activities
capital expenditure-424,991-3,931,817
Change in Investments2,0010
cash flow from investments-426,992-3,931,817
Financing Activities
Bank loans00
Group/Directors Accounts2,410,117868,977
Other Short Term Loans 00
Long term loans-3,028,2813,028,281
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue-2,000,000100
interest0-320,071
cash flow from financing-2,618,1643,577,287
cash and cash equivalents
cash11,86794,342
overdraft00
change in cash11,86794,342

firstborn group limited 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 firstborn group limited. Get real-time insights into firstborn group limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Firstborn Group Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

roi media ltd 100%

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).

officercountryagestartendrole
Mr Pinesh MehtaEngland43 years Aug 2020- Director
Mr Philip Male58 years Aug 2020- Director
Mr David PearceUnited Kingdom48 years Aug 2024- Director

P&L

December 2022

turnover

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 2022

net assets

497.8k

-2.09%

total assets

4m

+0.09%

cash

106.2k

+0.13%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

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

None

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.

charges

firstborn group limited Companies House Filings - See Documents

datedescriptionview/download