friendz corner limited
friendz corner limited Company Information
Company Number
14004826
Next Accounts
Dec 2025
Industry
Other food service activities
Take away food shops and mobile food stands
Directors
Shareholders
azeem syed
Group Structure
View All
Contact
Registered Address
1st floor north westgate house, harlow, essex, CM20 1YS
Website
friendzcorner.co.ukfriendz corner limited Estimated Valuation
Pomanda estimates the enterprise value of FRIENDZ CORNER LIMITED at £46.5k based on a Turnover of £87.8k and 0.53x industry multiple (adjusted for size and gross margin).
friendz corner limited Estimated Valuation
Pomanda estimates the enterprise value of FRIENDZ CORNER LIMITED at £0 based on an EBITDA of £-61.3k and a 3.56x industry multiple (adjusted for size and gross margin).
friendz corner limited Estimated Valuation
Pomanda estimates the enterprise value of FRIENDZ CORNER LIMITED at £0 based on Net Assets of £-76.9k and 2.72x industry multiple (adjusted for liquidity).
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Friendz Corner Limited Overview
Friendz Corner Limited is a live company located in essex, CM20 1YS with a Companies House number of 14004826. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in March 2022, it's largest shareholder is azeem syed with a 100% stake. Friendz Corner Limited is a startup, micro sized company, Pomanda has estimated its turnover at £87.8k with unknown growth in recent years.
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Friendz Corner Limited Health Check
Pomanda's financial health check has awarded Friendz Corner Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £87.8k, make it smaller than the average company (£1.1m)
- Friendz Corner Limited
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Friendz Corner Limited
- - Industry AVG
Production
with a gross margin of 29.5%, this company has a higher cost of product (49.3%)
- Friendz Corner Limited
49.3% - Industry AVG
Profitability
an operating margin of -69.9% make it less profitable than the average company (2.7%)
- Friendz Corner Limited
2.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
- Friendz Corner Limited
23 - Industry AVG
Pay Structure
on an average salary of £16.7k, the company has an equivalent pay structure (£16.7k)
- Friendz Corner Limited
£16.7k - Industry AVG
Efficiency
resulting in sales per employee of £43.9k, this is equally as efficient (£50.4k)
- Friendz Corner Limited
£50.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (15 days)
- Friendz Corner Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 454 days, this is slower than average (32 days)
- Friendz Corner Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Friendz Corner Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Friendz Corner Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32808.1%, this is a higher level of debt than the average (76.7%)
32808.1% - Friendz Corner Limited
76.7% - Industry AVG
FRIENDZ CORNER LIMITED financials
Friendz Corner Limited's latest turnover from March 2024 is estimated at £87.8 thousand and the company has net assets of -£76.9 thousand. According to their latest financial statements, we estimate that Friendz Corner Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | |
|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | |
|---|---|---|
| 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 | 0 | 0 |
| Trade Debtors | 235 | 7,573 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 235 | 7,573 |
| total assets | 235 | 7,573 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 77,099 | 23,109 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 77,099 | 23,109 |
| 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 | 77,099 | 23,109 |
| net assets | -76,864 | -15,536 |
| total shareholders funds | -76,864 | -15,536 |
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | -7,338 | 7,573 |
| Creditors | 53,990 | 23,109 |
| 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 | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
friendz corner limited Credit Report and Business Information
Friendz Corner Limited Competitor Analysis
Perform a competitor analysis for friendz corner limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in CM20 area or any other competitors across 12 key performance metrics.
friendz corner limited Ownership
FRIENDZ CORNER LIMITED group structure
Friendz Corner Limited has no subsidiary companies.
Ultimate parent company
FRIENDZ CORNER LIMITED
14004826
friendz corner limited directors
Friendz Corner Limited currently has 1 director, Mr Azeem Syed serving since Mar 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Azeem Syed | England | 50 years | Mar 2022 | - | Director |
P&L
March 2024turnover
87.8k
+25%
operating profit
-61.3k
0%
gross margin
29.5%
-3.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-76.9k
+3.95%
total assets
235
-0.97%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
friendz corner limited company details
company number
14004826
Type
Private limited with Share Capital
industry
56290 - Other food service activities
56103 - Take away food shops and mobile food stands
56102 - Unlicensed restaurants and cafes
incorporation date
March 2022
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
1st floor north westgate house, harlow, essex, CM20 1YS
Bank
-
Legal Advisor
-
friendz corner 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 did not find charges/mortgages relating to friendz corner limited.
friendz corner limited 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.
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friendz corner limited Companies House Filings - See Documents
| date | description | view/download |
|---|
