fibonacci innovations ltd
fibonacci innovations ltd Company Information
Company Number
12915136
Website
-Registered Address
unit 2 53 sinfin avenue, shelton lock, derby, derbyshire, DE24 9JA
Industry
Retail sale via stalls and markets of other goods
Telephone
01327856235
Next Accounts Due
103 days late
Group Structure
View All
Shareholders
edward ian hall 60%
amendeep singh sandhu 40%
fibonacci innovations ltd Estimated Valuation
Pomanda estimates the enterprise value of FIBONACCI INNOVATIONS LTD at £12.2k based on a Turnover of £35.7k and 0.34x industry multiple (adjusted for size and gross margin).
fibonacci innovations ltd Estimated Valuation
Pomanda estimates the enterprise value of FIBONACCI INNOVATIONS LTD at £7.3k based on an EBITDA of £2.1k and a 3.44x industry multiple (adjusted for size and gross margin).
fibonacci innovations ltd Estimated Valuation
Pomanda estimates the enterprise value of FIBONACCI INNOVATIONS LTD at £0 based on Net Assets of £-6.2k and 2.78x industry multiple (adjusted for liquidity).
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Fibonacci Innovations Ltd Overview
Fibonacci Innovations Ltd is a live company located in derby, DE24 9JA with a Companies House number of 12915136. It operates in the retail sale via stalls and markets of other goods sector, SIC Code 47890. Founded in September 2020, it's largest shareholder is edward ian hall with a 60% stake. Fibonacci Innovations Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £35.7k with unknown growth in recent years.
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Fibonacci Innovations Ltd Health Check
Pomanda's financial health check has awarded Fibonacci Innovations Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £35.7k, make it smaller than the average company (£145.8k)
- Fibonacci Innovations Ltd
£145.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Fibonacci Innovations Ltd
- - Industry AVG
Production
with a gross margin of 57.7%, this company has a comparable cost of product (57.7%)
- Fibonacci Innovations Ltd
57.7% - Industry AVG
Profitability
an operating margin of 6% make it more profitable than the average company (2.7%)
- Fibonacci Innovations Ltd
2.7% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Fibonacci Innovations Ltd
2 - Industry AVG
Pay Structure
on an average salary of £12.6k, the company has an equivalent pay structure (£12.6k)
- Fibonacci Innovations Ltd
£12.6k - Industry AVG
Efficiency
resulting in sales per employee of £17.8k, this is less efficient (£68.9k)
- Fibonacci Innovations Ltd
£68.9k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (43 days)
- Fibonacci Innovations Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (30 days)
- Fibonacci Innovations Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 668 days, this is more than average (135 days)
- Fibonacci Innovations Ltd
135 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (39 weeks)
11 weeks - Fibonacci Innovations Ltd
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.6%, this is a higher level of debt than the average (90.8%)
115.6% - Fibonacci Innovations Ltd
90.8% - Industry AVG
FIBONACCI INNOVATIONS LTD financials
Fibonacci Innovations Ltd's latest turnover from September 2022 is estimated at £35.7 thousand and the company has net assets of -£6.2 thousand. According to their latest financial statements, Fibonacci Innovations Ltd has 2 employees and maintains cash reserves of £10 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 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 | 2 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 27,667 | 36,012 |
| Trade Debtors | 620 | 384 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 1,474 | 1,693 |
| Cash | 10,037 | 169 |
| misc current assets | 0 | 0 |
| total current assets | 39,798 | 38,258 |
| total assets | 39,798 | 38,258 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 935 | 68 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 45,085 | 46,231 |
| total current liabilities | 46,020 | 46,299 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 46,020 | 46,299 |
| net assets | -6,222 | -8,041 |
| total shareholders funds | -6,222 | -8,041 |
| Sep 2022 | Sep 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | -8,345 | 36,012 |
| Debtors | 17 | 2,077 |
| Creditors | 867 | 68 |
| Accruals and Deferred Income | -1,146 | 46,231 |
| 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 | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 9,868 | 169 |
| overdraft | 0 | 0 |
| change in cash | 9,868 | 169 |
fibonacci innovations ltd Credit Report and Business Information
Fibonacci Innovations Ltd Competitor Analysis
Perform a competitor analysis for fibonacci innovations ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in DE24 area or any other competitors across 12 key performance metrics.
fibonacci innovations ltd Ownership
FIBONACCI INNOVATIONS LTD group structure
Fibonacci Innovations Ltd has no subsidiary companies.
Ultimate parent company
FIBONACCI INNOVATIONS LTD
12915136
fibonacci innovations ltd directors
Fibonacci Innovations Ltd currently has 2 directors. The longest serving directors include Mr Edward Hall (Sep 2020) and Mr Amendeep Sandhu (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Hall | England | 40 years | Sep 2020 | - | Director |
| Mr Amendeep Sandhu | United Kingdom | 44 years | Jan 2023 | - | Director |
P&L
September 2022turnover
35.7k
+47%
operating profit
2.1k
0%
gross margin
57.7%
+22.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
-6.2k
-0.23%
total assets
39.8k
+0.04%
cash
10k
+58.39%
net assets
Total assets minus all liabilities
Similar Companies
fibonacci innovations ltd company details
company number
12915136
Type
Private limited with Share Capital
industry
47890 - Retail sale via stalls and markets of other goods
incorporation date
September 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
September 2022
address
unit 2 53 sinfin avenue, shelton lock, derby, derbyshire, DE24 9JA
accountant
ORMEROD RUTTER LIMITED
auditor
-
fibonacci innovations 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 fibonacci innovations ltd.
fibonacci innovations ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
