Pomanda estimates the enterprise value of FURNEY & SHORTLAND DEVELOPMENTS LIMITED at £466.2k based on a Turnover of £1.5m and 0.3x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FURNEY & SHORTLAND DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-49.7k and a 2.67x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FURNEY & SHORTLAND DEVELOPMENTS LIMITED at £0 based on Net Assets of £-724.5k and 1.33x industry multiple (adjusted for liquidity).
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Furney & Shortland Developments LimitedOverview
Furney & Shortland Developments Limited is a dissolved company that was located in moira, BT67 0LE with a Companies House number of NI032183. It operated in the construction of domestic buildings sector, SIC Code 41202. Founded in April 1997, it's largest shareholder was
mr john george furney
with a 50% stake. The last turnover for Furney & Shortland Developments Limited was estimated at £1.5m.
Furney & Shortland Developments Limited Health Check
Pomanda's financial health check has awarded Furney & Shortland Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
1 Regular
6 Weak
Size
annual sales of £1.5m, make it larger than the average company (£585.2k)
£1.5m - Furney & Shortland Developments Limited
£585.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Furney & Shortland Developments Limited
- - Industry AVG
Production
with a gross margin of 12%, this company has a higher cost of product (20.5%)
12% - Furney & Shortland Developments Limited
20.5% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (6%)
-3.3% - Furney & Shortland Developments Limited
6% - Industry AVG
Employees
with 3 employees, this is below the industry average (31)
3 - Furney & Shortland Developments Limited
31 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
£36.8k - Furney & Shortland Developments Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £515.2k, this is more efficient (£349.8k)
£515.2k - Furney & Shortland Developments Limited
£349.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (20 days)
0 days - Furney & Shortland Developments Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 163 days, this is slower than average (28 days)
163 days - Furney & Shortland Developments Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 578 days, this is more than average (197 days)
578 days - Furney & Shortland Developments Limited
197 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Furney & Shortland Developments Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 133.5%, this is a higher level of debt than the average (78.7%)
Furney & Shortland Developments Limited's latest turnover from April 2012 is estimated at £1.5 million and the company has net assets of -£724.5 thousand. According to their latest financial statements, we estimate that Furney & Shortland Developments Limited has 3 employees and maintains cash reserves of £1.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2012
Apr 2011
Apr 2010
Turnover
1,545,721
1,427,606
765,938
Other Income Or Grants
Cost Of Sales
1,360,396
1,250,924
677,538
Gross Profit
185,325
176,682
88,399
Admin Expenses
236,188
277,754
671,047
Operating Profit
-50,863
-101,072
-582,648
Interest Payable
Interest Receivable
13
45
36
Pre-Tax Profit
-50,850
-101,027
-582,612
Tax
Profit After Tax
-50,850
-101,027
-582,612
Dividends Paid
Retained Profit
-50,850
-101,027
-582,612
Employee Costs
110,285
105,671
67,838
Number Of Employees
3
3
2
EBITDA*
-49,717
-99,637
-580,850
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
4,546
5,692
7,127
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,546
5,692
7,127
Stock & work in progress
2,154,955
2,154,955
2,154,955
Trade Debtors
690
1,177
1,625
Group Debtors
Misc Debtors
Cash
1,915
3,408
14,477
misc current assets
total current assets
2,157,560
2,159,540
2,171,057
total assets
2,162,106
2,165,232
2,178,184
Bank overdraft
Bank loan
Trade Creditors
610,062
562,338
233,950
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
610,062
562,338
233,950
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,276,533
2,276,533
2,516,846
provisions
total long term liabilities
2,276,533
2,276,533
2,516,846
total liabilities
2,886,595
2,838,871
2,750,796
net assets
-724,489
-673,639
-572,612
total shareholders funds
-724,489
-673,639
-572,612
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-50,863
-101,072
-582,648
Depreciation
1,146
1,435
1,798
Amortisation
Tax
Stock
2,154,955
Debtors
-487
-448
1,625
Creditors
47,724
328,388
233,950
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-1,506
229,199
-2,503,480
Investing Activities
capital expenditure
-8,925
Change in Investments
cash flow from investments
-8,925
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-240,313
2,516,846
share issue
10,000
interest
13
45
36
cash flow from financing
13
-240,268
2,526,882
cash and cash equivalents
cash
-1,493
-11,069
14,477
overdraft
change in cash
-1,493
-11,069
14,477
furney & shortland developments 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 furney & shortland developments limited. Get real-time insights into furney & shortland developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for furney & shortland developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in BT67 area or any other competitors across 12 key performance metrics.
furney & shortland developments limited Ownership
FURNEY & SHORTLAND DEVELOPMENTS LIMITED group structure
Furney & Shortland Developments Limited has no subsidiary companies.
The largest shareholders in Furney & Shortland Developments Limited include Mr John George Furney and Mr Thomas Richard Shortland.
mr john george furney
50%
mr thomas richard shortland
50%
furney & shortland developments limited directors
Furney & Shortland Developments Limited currently has 4 directors.
The longest serving directors include
Mr John Furney (Apr 1997) and
Mr Thomas Shortland (Apr 1997).
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 10 charges/mortgages relating to furney & shortland developments limited. Currently there are 10 open charges and 0 have been satisfied in the past.
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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furney & shortland developments limitedCompanies House Filings - See Documents
