faz direct ltd
faz direct ltd Company Information
Group Structure
View All
Industry
Retail sale of electrical household appliances in specialised stores
+1Registered Address
426a new hall lane, preston, PR1 4TA
Website
-faz direct ltd Estimated Valuation
Pomanda estimates the enterprise value of FAZ DIRECT LTD at £282.2k based on a Turnover of £704.4k and 0.4x industry multiple (adjusted for size and gross margin).
faz direct ltd Estimated Valuation
Pomanda estimates the enterprise value of FAZ DIRECT LTD at £187.3k based on an EBITDA of £62.5k and a 3x industry multiple (adjusted for size and gross margin).
faz direct ltd Estimated Valuation
Pomanda estimates the enterprise value of FAZ DIRECT LTD at £105.7k based on Net Assets of £46.9k and 2.25x industry multiple (adjusted for liquidity).
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Faz Direct Ltd Overview
Faz Direct Ltd is a live company located in preston, PR1 4TA with a Companies House number of 14167994. It operates in the retail sale of electrical household appliances in specialised stores sector, SIC Code 47540. Founded in June 2022, it's largest shareholder is faisal saeed patel with a 100% stake. Faz Direct Ltd is a startup, small sized company, Pomanda has estimated its turnover at £704.4k with unknown growth in recent years.
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Faz Direct Ltd Health Check
Pomanda's financial health check has awarded Faz Direct Ltd a 2 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
1 Regular
6 Weak
Size
annual sales of £704.4k, make it smaller than the average company (£8.8m)
- Faz Direct Ltd
£8.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Faz Direct Ltd
- - Industry AVG
Production
with a gross margin of 19.4%, this company has a higher cost of product (34.2%)
- Faz Direct Ltd
34.2% - Industry AVG
Profitability
an operating margin of 8.9% make it more profitable than the average company (6.6%)
- Faz Direct Ltd
6.6% - Industry AVG
Employees
with 13 employees, this is below the industry average (32)
13 - Faz Direct Ltd
32 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Faz Direct Ltd
£33k - Industry AVG
Efficiency
resulting in sales per employee of £54.2k, this is less efficient (£185.7k)
- Faz Direct Ltd
£185.7k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (26 days)
- Faz Direct Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (41 days)
- Faz Direct Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Faz Direct Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Faz Direct Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.7%, this is a higher level of debt than the average (50.6%)
61.7% - Faz Direct Ltd
50.6% - Industry AVG
FAZ DIRECT LTD financials
Faz Direct Ltd's latest turnover from June 2023 is estimated at £704.4 thousand and the company has net assets of £46.9 thousand. According to their latest financial statements, Faz Direct Ltd has 13 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 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 | 13 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 122,217 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 122,217 |
| total assets | 122,217 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 75,349 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 75,349 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 75,349 |
| net assets | 46,868 |
| total shareholders funds | 46,868 |
| Jun 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 122,217 |
| Creditors | 75,349 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
faz direct ltd Credit Report and Business Information
Faz Direct Ltd Competitor Analysis
Perform a competitor analysis for faz direct ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in PR1 area or any other competitors across 12 key performance metrics.
faz direct ltd Ownership
FAZ DIRECT LTD group structure
Faz Direct Ltd has no subsidiary companies.
Ultimate parent company
FAZ DIRECT LTD
14167994
faz direct ltd directors
Faz Direct Ltd currently has 1 director, Mr Faisal Patel serving since Jun 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Faisal Patel | England | 26 years | Jun 2022 | - | Director |
P&L
June 2023turnover
704.4k
0%
operating profit
62.5k
0%
gross margin
19.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
46.9k
0%
total assets
122.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
faz direct ltd company details
company number
14167994
Type
Private limited with Share Capital
industry
47540 - Retail sale of electrical household appliances in specialised stores
96090 - Other personal service activities n.e.c.
incorporation date
June 2022
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
426a new hall lane, preston, PR1 4TA
Bank
-
Legal Advisor
-
faz direct 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 faz direct ltd.
faz direct ltd 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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faz direct ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
