farooq and noor ahmed ltd.

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farooq and noor ahmed ltd. Company Information

Share FAROOQ AND NOOR AHMED LTD.

Company Number

NI052005

Directors

Farooq Ahmed

Farooq Ahmed

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Shareholders

mrs niamtia ahmed

mr farooq ahmed

Group Structure

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Industry

Other personal service activities n.e.c.

 

Registered Address

40 railway street, lisburn, antrim, BT28 1XP

Website

-

farooq and noor ahmed ltd. Estimated Valuation

£508.3k

Pomanda estimates the enterprise value of FAROOQ AND NOOR AHMED LTD. at £508.3k based on a Turnover of £859.9k and 0.59x industry multiple (adjusted for size and gross margin).

farooq and noor ahmed ltd. Estimated Valuation

£161.1k

Pomanda estimates the enterprise value of FAROOQ AND NOOR AHMED LTD. at £161.1k based on an EBITDA of £50.6k and a 3.19x industry multiple (adjusted for size and gross margin).

farooq and noor ahmed ltd. Estimated Valuation

£695.4k

Pomanda estimates the enterprise value of FAROOQ AND NOOR AHMED LTD. at £695.4k based on Net Assets of £288.3k and 2.41x industry multiple (adjusted for liquidity).

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Farooq And Noor Ahmed Ltd. Overview

Farooq And Noor Ahmed Ltd. is a live company located in antrim, BT28 1XP with a Companies House number of NI052005. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 2004, it's largest shareholder is mrs niamtia ahmed with a 50% stake. Farooq And Noor Ahmed Ltd. is a mature, small sized company, Pomanda has estimated its turnover at £859.9k with healthy growth in recent years.

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Farooq And Noor Ahmed Ltd. Health Check

Pomanda's financial health check has awarded Farooq And Noor Ahmed Ltd. a 3.5 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

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £859.9k, make it in line with the average company (£845.4k)

£859.9k - Farooq And Noor Ahmed Ltd.

£845.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.2%)

5% - Farooq And Noor Ahmed Ltd.

8.2% - Industry AVG

production

Production

with a gross margin of 19.1%, this company has a higher cost of product (40.2%)

19.1% - Farooq And Noor Ahmed Ltd.

40.2% - Industry AVG

profitability

Profitability

an operating margin of 5.9% make it as profitable than the average company (5.7%)

5.9% - Farooq And Noor Ahmed Ltd.

5.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - Farooq And Noor Ahmed Ltd.

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £29k, the company has an equivalent pay structure (£29k)

£29k - Farooq And Noor Ahmed Ltd.

£29k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £859.9k, this is more efficient (£73.6k)

£859.9k - Farooq And Noor Ahmed Ltd.

£73.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 147 days, this is later than average (28 days)

147 days - Farooq And Noor Ahmed Ltd.

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is quicker than average (37 days)

31 days - Farooq And Noor Ahmed Ltd.

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Farooq And Noor Ahmed Ltd.

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Farooq And Noor Ahmed Ltd.

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.3%, this is a lower level of debt than the average (38.2%)

17.3% - Farooq And Noor Ahmed Ltd.

38.2% - Industry AVG

FAROOQ AND NOOR AHMED LTD. financials

EXPORTms excel logo

Farooq And Noor Ahmed Ltd.'s latest turnover from March 2024 is estimated at £859.9 thousand and the company has net assets of £288.3 thousand. According to their latest financial statements, Farooq And Noor Ahmed Ltd. has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover859,873766,341754,167732,847332,999540,451502,185788,085171,841117,59097,320186,580202,538244,006
Other Income Or Grants
Cost Of Sales695,865618,247614,881605,310268,320438,186402,392627,052135,32793,20075,884146,015157,348186,112
Gross Profit164,008148,094139,286127,53664,678102,26599,792161,03336,51324,39021,43640,56545,19057,894
Admin Expenses113,44596,20498,73583,41769,47696,21983,843212,896-186,73619,00817,23941,79841,62854,186-207,732
Operating Profit50,56351,89040,55144,119-4,7986,04615,949-51,863223,2495,3824,197-1,2333,5623,708207,732
Interest Payable
Interest Receivable1791591032488811350
Pre-Tax Profit50,56351,89040,55144,119-4,7986,04615,965-51,854223,2505,4414,206-1,2014,0504,519208,082
Tax-12,641-9,859-7,705-8,383-1,149-3,033-44,650-1,143-967-1,053-1,265-58,263
Profit After Tax37,92242,03132,84635,736-4,7984,89712,932-51,854178,6004,2983,239-1,2012,9973,254149,819
Dividends Paid
Retained Profit37,92242,03132,84635,736-4,7984,89712,932-51,854178,6004,2983,239-1,2012,9973,254149,819
Employee Costs29,04428,25627,13625,39924,87599,26195,904143,64849,97326,13025,86551,63650,97849,247
Number Of Employees11111446211222
EBITDA*50,56351,89040,55144,119-4,7986,04615,949-51,863223,2495,3824,1971,0725,8676,013207,732

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets103223,135223,135223,135223,135225,440227,745230,000
Intangible Assets
Investments & Other888869
Debtors (Due After 1 year)
Total Fixed Assets10388223,223223,204223,135223,135225,440227,745230,000
Stock & work in progress
Trade Debtors348,585323,663327,118302,491139,778148,576140,032200,99926,0004,5774,00091550,000
Group Debtors
Misc Debtors
Cash6,71743521,6791,7292,08010,619184,410140,124
misc current assets
total current assets348,585323,663327,118302,491139,778148,576140,032207,71626,43526,2565,7292,08010,619185,325190,124
total assets348,585323,663327,118302,491139,778148,576140,135207,804249,658249,460228,864225,215236,059413,070420,124
Bank overdraft
Bank loan
Trade Creditors 60,27373,273118,759126,97814,00145780,95870,95886,95470,65670,24679,889259,897270,205
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities60,27373,273118,759126,97814,00145780,95870,95886,95470,65670,24679,889259,897270,205
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities60,27373,273118,759126,97814,00145780,95870,95886,95470,65670,24679,889259,897270,205
net assets288,312250,390208,359175,513139,777144,575139,678126,846178,700162,506158,208154,969156,170153,173149,919
total shareholders funds288,312250,390208,359175,513139,777144,575139,678126,846178,700162,506158,208154,969156,170153,173149,919
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit50,56351,89040,55144,119-4,7986,04615,949-51,863223,2495,3824,197-1,2333,5623,708207,732
Depreciation2,3052,3052,305
Amortisation
Tax-12,641-9,859-7,705-8,383-1,149-3,033-44,650-1,143-967-1,053-1,265-58,263
Stock
Debtors24,922-3,45524,627162,713-8,7988,544-60,967174,99926,0005774,000-915-49,08550,000
Creditors-13,000-45,486-8,219126,977-4,0003,544-80,50110,00070,95816,298410-9,643-180,008-10,308270,205
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-103-6,618-216,862223,55719,960-360-8,571-174,27943,525369,674
Investing Activities
capital expenditure103-103223,135-223,135-50-230,000
Change in Investments-888869
cash flow from investments103-15223,135-223,223-69-50-230,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100100
interest1791591032488811350
cash flow from financing-839101591032488811450
cash and cash equivalents
cash-6,7176,28243519,950-351-8,539-173,79144,286140,124
overdraft
change in cash-6,7176,28243519,950-351-8,539-173,79144,286140,124

farooq and noor ahmed ltd. Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Farooq And Noor Ahmed Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for farooq and noor ahmed ltd. by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in BT28 area or any other competitors across 12 key performance metrics.

farooq and noor ahmed ltd. Ownership

FAROOQ AND NOOR AHMED LTD. group structure

Farooq And Noor Ahmed Ltd. has 1 subsidiary company.

Ultimate parent company

FAROOQ AND NOOR AHMED LTD.

NI052005

1 subsidiary

FAROOQ AND NOOR AHMED LTD. Shareholders

mrs niamtia ahmed 50%
mr farooq ahmed 50%

farooq and noor ahmed ltd. directors

Farooq And Noor Ahmed Ltd. currently has 3 directors. The longest serving directors include Farooq Ahmed (Oct 2004) and Mr Farooq Ahmed (Oct 2004).

officercountryagestartendrole
Farooq Ahmed50 years Oct 2004- Director
Mr Farooq AhmedNorthern Ireland50 years Oct 2004- Director
Mr Farooq AhmedNorthern Ireland49 years May 2019- Director

P&L

March 2024

turnover

859.9k

+12%

operating profit

50.6k

0%

gross margin

19.1%

-1.3%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

288.3k

+0.15%

total assets

348.6k

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

farooq and noor ahmed ltd. company details

company number

NI052005

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

October 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

lambeg stores ltd (July 2011)

accountant

MAGILL ADAMS

auditor

-

address

40 railway street, lisburn, antrim, BT28 1XP

Bank

-

Legal Advisor

-

farooq and noor ahmed 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 farooq and noor ahmed ltd..

farooq and noor ahmed 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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farooq and noor ahmed ltd. Companies House Filings - See Documents

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