fireflyfriends ltd
fireflyfriends ltd Company Information
Company Number
NI626626
Website
www.fireflyfriends.comRegistered Address
19c ballinderry road, lisburn, BT28 2SA
Industry
Retail sale via mail order houses or via Internet
Telephone
02892678879
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
james leckey design ltd 100%
fireflyfriends ltd Estimated Valuation
Pomanda estimates the enterprise value of FIREFLYFRIENDS LTD at £610.7k based on a Turnover of £2m and 0.3x industry multiple (adjusted for size and gross margin).
fireflyfriends ltd Estimated Valuation
Pomanda estimates the enterprise value of FIREFLYFRIENDS LTD at £1.8m based on an EBITDA of £407.1k and a 4.32x industry multiple (adjusted for size and gross margin).
fireflyfriends ltd Estimated Valuation
Pomanda estimates the enterprise value of FIREFLYFRIENDS LTD at £1.2m based on Net Assets of £1.9m and 0.59x industry multiple (adjusted for liquidity).
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Fireflyfriends Ltd Overview
Fireflyfriends Ltd is a live company located in lisburn, BT28 2SA with a Companies House number of NI626626. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in September 2014, it's largest shareholder is james leckey design ltd with a 100% stake. Fireflyfriends Ltd is a established, small sized company, Pomanda has estimated its turnover at £2m with healthy growth in recent years.
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Fireflyfriends Ltd Health Check
Pomanda's financial health check has awarded Fireflyfriends Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £2m, make it larger than the average company (£336k)
- Fireflyfriends Ltd
£336k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.1%)
- Fireflyfriends Ltd
6.1% - Industry AVG
Production
with a gross margin of 36.4%, this company has a comparable cost of product (36.4%)
- Fireflyfriends Ltd
36.4% - Industry AVG
Profitability
an operating margin of 18.7% make it more profitable than the average company (2%)
- Fireflyfriends Ltd
2% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Fireflyfriends Ltd
4 - Industry AVG
Pay Structure
on an average salary of £27.1k, the company has an equivalent pay structure (£27.1k)
- Fireflyfriends Ltd
£27.1k - Industry AVG
Efficiency
resulting in sales per employee of £508.7k, this is more efficient (£161.5k)
- Fireflyfriends Ltd
£161.5k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (21 days)
- Fireflyfriends Ltd
21 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (32 days)
- Fireflyfriends Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fireflyfriends Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (17 weeks)
25 weeks - Fireflyfriends Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.3%, this is a lower level of debt than the average (76.2%)
7.3% - Fireflyfriends Ltd
76.2% - Industry AVG
FIREFLYFRIENDS LTD financials
Fireflyfriends Ltd's latest turnover from June 2023 is estimated at £2 million and the company has net assets of £1.9 million. According to their latest financial statements, Fireflyfriends Ltd has 4 employees and maintains cash reserves of £75.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 6 | 6 | 8 | 12 | 13 | 13 | 12 | 10 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,236 | 41,952 | 84,686 | 121,068 | 183,442 | 114,335 | 130,996 | 97,787 | 95,840 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,353 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,589 | 41,952 | 84,686 | 121,068 | 183,442 | 114,335 | 130,996 | 97,787 | 95,840 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 249,802 | 209,399 | 161,121 | 160,443 | 132,303 | 87,462 | 41,583 | 140,524 | 52,366 |
| Group Debtors | 1,613,152 | 1,544,100 | 1,117,363 | 415,918 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 137,857 | 78,094 | 24,548 | 29,612 | 40,813 | 29,108 | 92,467 | 76,327 | 49,872 |
| Cash | 75,185 | 66,035 | 64,575 | 160,157 | 172,370 | 157,543 | 53,571 | 44,555 | 176,885 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,075,996 | 1,897,628 | 1,367,607 | 766,130 | 345,486 | 274,113 | 187,621 | 261,406 | 279,123 |
| total assets | 2,093,585 | 1,939,580 | 1,452,293 | 887,198 | 528,928 | 388,448 | 318,617 | 359,193 | 374,963 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 41,968 | 35,817 | 60,389 | 47,591 | 55,726 | 29,782 | 55,070 | 34,665 | 38,159 |
| Group/Directors Accounts | 30,577 | 28,303 | 94,571 | 0 | 14,936 | 35,304 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 80,404 | 215,791 | 154,950 | 54,704 | 106,054 | 106,674 | 73,573 | 82,163 | 58,490 |
| total current liabilities | 152,949 | 279,911 | 309,910 | 102,295 | 176,716 | 171,760 | 128,643 | 116,828 | 96,649 |
| loans | 0 | 0 | 0 | 0 | 135,045 | 216,084 | 324,674 | 597,606 | 611,614 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 7,682 | 22,594 | 24,083 | 34,577 | 21,554 | 14,128 | 0 | 0 |
| total long term liabilities | 0 | 7,682 | 22,594 | 24,083 | 169,622 | 237,638 | 338,802 | 597,606 | 611,614 |
| total liabilities | 152,949 | 287,593 | 332,504 | 126,378 | 346,338 | 409,398 | 467,445 | 714,434 | 708,263 |
| net assets | 1,940,636 | 1,651,987 | 1,119,789 | 760,820 | 182,590 | -20,950 | -148,828 | -355,241 | -333,300 |
| total shareholders funds | 1,940,636 | 1,651,987 | 1,119,789 | 760,820 | 182,590 | -20,950 | -148,828 | -355,241 | -333,300 |
| Jun 2023 | Jun 2022 | Jun 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 25,716 | 42,734 | 36,382 | 62,374 | 63,169 | 40,302 | 53,421 | 43,116 | 29,658 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 169,218 | 528,561 | 697,059 | 432,857 | 56,546 | -17,480 | -82,801 | 114,613 | 102,238 |
| Creditors | 6,151 | -24,572 | 12,798 | -8,135 | 25,944 | -25,288 | 20,405 | -3,494 | 38,159 |
| Accruals and Deferred Income | -135,387 | 60,841 | 100,246 | -51,350 | -620 | 33,101 | -8,590 | 23,673 | 58,490 |
| Deferred Taxes & Provisions | -7,682 | -14,912 | -1,489 | -10,494 | 13,023 | 7,426 | 14,128 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 1,353 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,274 | -66,268 | 94,571 | -14,936 | -20,368 | 35,304 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -135,045 | -81,039 | -108,590 | -272,932 | -14,008 | 611,614 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 9,150 | 1,460 | -95,582 | -12,213 | 14,827 | 103,972 | 9,016 | -132,330 | 176,885 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 9,150 | 1,460 | -95,582 | -12,213 | 14,827 | 103,972 | 9,016 | -132,330 | 176,885 |
fireflyfriends ltd Credit Report and Business Information
Fireflyfriends Ltd Competitor Analysis
Perform a competitor analysis for fireflyfriends 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 BT28 area or any other competitors across 12 key performance metrics.
fireflyfriends ltd Ownership
FIREFLYFRIENDS LTD group structure
Fireflyfriends Ltd has no subsidiary companies.
Ultimate parent company
CIDRON LIBERTY SYSTEMS LTD
#0100525
2 parents
FIREFLYFRIENDS LTD
NI626626
fireflyfriends ltd directors
Fireflyfriends Ltd currently has 3 directors. The longest serving directors include Mr Adrian Platt (Aug 2020) and Mr Thomas Babacan (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Platt | 59 years | Aug 2020 | - | Director | |
| Mr Thomas Babacan | United Kingdom | 55 years | Aug 2020 | - | Director |
| Mr James Barratt | England | 54 years | Aug 2020 | - | Director |
P&L
June 2023turnover
2m
+28%
operating profit
381.3k
0%
gross margin
36.5%
+0.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.9m
+0.17%
total assets
2.1m
+0.08%
cash
75.2k
+0.14%
net assets
Total assets minus all liabilities
Similar Companies
fireflyfriends ltd company details
company number
NI626626
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
September 2014
age
10
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
19c ballinderry road, lisburn, BT28 2SA
accountant
HARBINSON MULHOLLAND
auditor
-
fireflyfriends 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 found 1 charges/mortgages relating to fireflyfriends ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
fireflyfriends ltd Companies House Filings - See Documents
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