Pomanda estimates the enterprise value of FURNITURE IS US LIMITED at £272.6k based on a Turnover of £1.1m and 0.25x industry multiple (adjusted for size and gross margin).
furniture is us limitedEstimated Valuation
£17.7k
Pomanda estimates the enterprise value of FURNITURE IS US LIMITED at £17.7k based on an EBITDA of £6.7k and a 2.64x industry multiple (adjusted for size and gross margin).
furniture is us limitedEstimated Valuation
£261.6k
Pomanda estimates the enterprise value of FURNITURE IS US LIMITED at £261.6k based on Net Assets of £157.1k and 1.67x industry multiple (adjusted for liquidity).
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Furniture Is Us LimitedOverview
Furniture Is Us Limited is a live company located in newry, BT34 3NJ with a Companies House number of NI615115. It operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery sector, SIC Code 46150. Founded in October 2012, it's largest shareholder is
martina lynch
with a 100% stake. Furniture Is Us Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Furniture Is Us Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
8 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£1.6m)
£1.1m - Furniture Is Us Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.7%)
8% - Furniture Is Us Limited
6.7% - Industry AVG
Production
with a gross margin of 20.7%, this company has a higher cost of product (33.7%)
20.7% - Furniture Is Us Limited
33.7% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (6.1%)
0.6% - Furniture Is Us Limited
6.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
3 - Furniture Is Us Limited
15 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
£45.4k - Furniture Is Us Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £366.6k, this is more efficient (£288k)
£366.6k - Furniture Is Us Limited
£288k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (40 days)
53 days - Furniture Is Us Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 229 days, this is slower than average (49 days)
229 days - Furniture Is Us Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 207 days, this is more than average (95 days)
207 days - Furniture Is Us Limited
95 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (20 weeks)
2 weeks - Furniture Is Us Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.8%, this is a higher level of debt than the average (62.7%)
77.8% - Furniture Is Us Limited
62.7% - Industry AVG
FURNITURE IS US LIMITED financials
EXPORT
Furniture Is Us Limited's latest turnover from March 2023 is estimated at £1.1 million and the company has net assets of £157.1 thousand. According to their latest financial statements, we estimate that Furniture Is Us Limited has 3 employees and maintains cash reserves of £22.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Turnover
1,099,924
947,626
1,065,467
871,007
1,075,371
842,191
793,755
619,314
601,382
321,952
Other Income Or Grants
Cost Of Sales
872,464
775,783
826,965
636,061
777,823
617,777
619,295
481,813
479,356
238,980
Gross Profit
227,459
171,843
238,502
234,945
297,548
224,414
174,460
137,502
122,026
82,972
Admin Expenses
220,752
138,450
206,623
207,895
233,792
106,538
284,941
91,886
132,367
65,906
Operating Profit
6,707
33,393
31,879
27,050
63,756
117,876
-110,481
45,616
-10,341
17,066
Interest Payable
Interest Receivable
770
282
40
10
5
5
12
43
22
Pre-Tax Profit
7,477
33,675
31,919
27,059
63,760
117,880
-110,469
45,659
-10,319
17,066
Tax
-1,421
-6,398
-6,065
-5,141
-12,114
-22,397
-9,132
-3,925
Profit After Tax
6,056
27,277
25,854
21,918
51,646
95,483
-110,469
36,527
-10,319
13,141
Dividends Paid
Retained Profit
6,056
27,277
25,854
21,918
51,646
95,483
-110,469
36,527
-10,319
13,141
Employee Costs
136,247
74,210
115,583
89,379
161,953
123,382
83,582
80,586
71,094
35,905
Number Of Employees
3
2
3
2
4
3
2
2
2
1
EBITDA*
6,707
46,306
38,174
34,183
72,848
130,133
-98,778
61,219
-4,140
20,034
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Tangible Assets
29,056
38,741
51,654
18,469
27,678
36,770
35,107
46,810
18,603
8,904
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
29,056
38,741
51,654
18,469
27,678
36,770
35,107
46,810
18,603
8,904
Stock & work in progress
495,000
465,000
397,000
321,000
326,000
396,450
382,000
340,000
336,000
235,000
Trade Debtors
160,248
145,932
171,213
136,000
192,977
71,244
49,600
12,150
5,372
1,176
Group Debtors
Misc Debtors
Cash
22,366
13,860
61,329
18,097
931
366
1,504
8,402
8,785
misc current assets
total current assets
677,614
624,792
629,542
475,097
519,908
468,060
433,104
360,552
350,157
236,176
total assets
706,670
663,533
681,196
493,566
547,586
504,830
468,211
407,362
368,760
245,080
Bank overdraft
Bank loan
Trade Creditors
549,554
504,347
557,413
395,637
471,575
480,465
539,329
368,011
365,936
231,937
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
549,554
504,347
557,413
395,637
471,575
480,465
539,329
368,011
365,936
231,937
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
8,126
provisions
total long term liabilities
8,126
total liabilities
549,554
512,473
557,413
395,637
471,575
480,465
539,329
368,011
365,936
231,937
net assets
157,116
151,060
123,783
97,929
76,011
24,365
-71,118
39,351
2,824
13,143
total shareholders funds
157,116
151,060
123,783
97,929
76,011
24,365
-71,118
39,351
2,824
13,143
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Operating Activities
Operating Profit
6,707
33,393
31,879
27,050
63,756
117,876
-110,481
45,616
-10,341
17,066
Depreciation
12,913
6,295
7,133
9,092
12,257
11,703
15,603
6,201
2,968
Amortisation
Tax
-1,421
-6,398
-6,065
-5,141
-12,114
-22,397
-9,132
-3,925
Stock
30,000
68,000
76,000
-5,000
-70,450
14,450
42,000
4,000
101,000
235,000
Debtors
14,316
-25,281
35,213
-56,977
121,733
21,644
37,450
6,778
4,196
1,176
Creditors
45,207
-53,066
161,776
-75,938
-8,890
-58,864
171,318
2,075
133,999
231,937
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
6,177
-55,877
82,672
15,081
561
12,778
-6,910
43,384
24,663
11,870
Investing Activities
capital expenditure
9,685
-39,480
2,076
-13,920
-43,810
-15,900
-11,872
Change in Investments
cash flow from investments
9,685
-39,480
2,076
-13,920
-43,810
-15,900
-11,872
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-8,126
8,126
share issue
2
interest
770
282
40
10
5
5
12
43
22
cash flow from financing
-7,356
8,408
40
10
5
5
12
43
22
2
cash and cash equivalents
cash
8,506
-47,469
43,232
17,166
565
-1,138
-6,898
-383
8,785
overdraft
change in cash
8,506
-47,469
43,232
17,166
565
-1,138
-6,898
-383
8,785
furniture is us 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 furniture is us limited. Get real-time insights into furniture is us limited's credit score, group structure and payment trends.
Perform a competitor analysis for furniture is us limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BT34 area or any other competitors across 12 key performance metrics.
furniture is us limited Ownership
FURNITURE IS US LIMITED group structure
Furniture Is Us Limited has no subsidiary companies.
Ultimate parent company
FURNITURE IS US LIMITED
NI615115
FURNITURE IS US LIMITED Shareholders
The sole shareholder of Furniture Is Us Limited is Martina Lynch.
martina lynch
100%
furniture is us limited directors
Furniture Is Us Limited currently has 1 director, Mrs Martina Lynch serving since Nov 2017.
46150 - Agents involved in the sale of furniture, household goods, hardware and ironmongery
incorporation date
October 2012
age
13
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
PHELAN & PRESCOTT
auditor
-
address
13 seaview, warrenpoint, newry, BT34 3NJ
Bank
DANSKE BANK
Legal Advisor
-
furniture is us 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 furniture is us limited.
furniture is us 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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furniture is us limitedCompanies House Filings - See Documents
