concept-fitout ltd
concept-fitout ltd Company Information
Company Number
NI630182
Next Accounts
34 days late
Industry
Joinery installation
Shareholders
steven george mealey
leslie hamilton burns
Group Structure
View All
Contact
Registered Address
unit f8 16 carrowreagh road, dundonald, belfast, BT16 1QT
Website
www.concept-fitout.comconcept-fitout ltd Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT-FITOUT LTD at £276.2k based on a Turnover of £1.1m and 0.26x industry multiple (adjusted for size and gross margin).
concept-fitout ltd Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT-FITOUT LTD at £28.6k based on an EBITDA of £10.7k and a 2.68x industry multiple (adjusted for size and gross margin).
concept-fitout ltd Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT-FITOUT LTD at £38.2k based on Net Assets of £19.3k and 1.98x industry multiple (adjusted for liquidity).
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Concept-fitout Ltd Overview
Concept-fitout Ltd is a live company located in belfast, BT16 1QT with a Companies House number of NI630182. It operates in the joinery installation sector, SIC Code 43320. Founded in March 2015, it's largest shareholder is steven george mealey with a 90% stake. Concept-fitout Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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Concept-fitout Ltd Health Check
Pomanda's financial health check has awarded Concept-Fitout Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.1m, make it larger than the average company (£206.9k)
- Concept-fitout Ltd
£206.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (5.1%)
- Concept-fitout Ltd
5.1% - Industry AVG
Production
with a gross margin of 18.5%, this company has a higher cost of product (28.2%)
- Concept-fitout Ltd
28.2% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (6.7%)
- Concept-fitout Ltd
6.7% - Industry AVG
Employees
with 9 employees, this is above the industry average (2)
9 - Concept-fitout Ltd
2 - Industry AVG
Pay Structure
on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)
- Concept-fitout Ltd
£26.9k - Industry AVG
Efficiency
resulting in sales per employee of £117.3k, this is equally as efficient (£112.4k)
- Concept-fitout Ltd
£112.4k - Industry AVG
Debtor Days
it gets paid by customers after 113 days, this is later than average (54 days)
- Concept-fitout Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 126 days, this is slower than average (42 days)
- Concept-fitout Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Concept-fitout Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Concept-fitout Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.4%, this is a higher level of debt than the average (67.6%)
94.4% - Concept-fitout Ltd
67.6% - Industry AVG
CONCEPT-FITOUT LTD financials
Concept-Fitout Ltd's latest turnover from March 2023 is estimated at £1.1 million and the company has net assets of £19.3 thousand. According to their latest financial statements, Concept-Fitout Ltd has 9 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 9 | 9 | 9 | 9 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,140 | 17,484 | 48,021 | 40,410 | 61,191 | 48,869 | 17,096 | 12,712 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,140 | 17,484 | 48,021 | 40,410 | 61,191 | 48,869 | 17,096 | 12,712 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 328,120 | 342,866 | 350,221 | 401,809 | 426,646 | 93,450 | 88,630 | 30,622 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32,440 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 328,120 | 342,866 | 350,221 | 401,809 | 426,646 | 93,450 | 88,630 | 63,062 |
| total assets | 341,260 | 360,350 | 398,242 | 442,219 | 487,837 | 142,319 | 105,726 | 75,774 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 298,459 | 340,591 | 365,455 | 346,214 | 307,244 | 106,155 | 89,052 | 64,066 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 298,459 | 340,591 | 365,455 | 346,214 | 307,244 | 106,155 | 89,052 | 64,066 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 20,989 | 26,009 | 46,569 | 30,493 | 13,722 | 10,452 |
| provisions | 23,504 | 9,124 | 9,124 | 7,678 | 11,626 | 0 | 0 | 0 |
| total long term liabilities | 23,504 | 9,124 | 30,113 | 33,687 | 58,195 | 30,493 | 13,722 | 10,452 |
| total liabilities | 321,963 | 349,715 | 395,568 | 379,901 | 365,439 | 136,648 | 102,774 | 74,518 |
| net assets | 19,297 | 10,635 | 2,674 | 62,318 | 122,398 | 5,671 | 2,952 | 1,256 |
| total shareholders funds | 19,297 | 10,635 | 2,674 | 62,318 | 122,398 | 5,671 | 2,952 | 1,256 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -14,746 | -7,355 | -51,588 | -24,837 | 333,196 | 4,820 | 58,008 | 30,622 |
| Creditors | -42,132 | -24,864 | 19,241 | 38,970 | 201,089 | 17,103 | 24,986 | 64,066 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 14,380 | 0 | 1,446 | -3,948 | 11,626 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -20,989 | -5,020 | -20,560 | 16,076 | 16,771 | 3,270 | 10,452 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -32,440 | 32,440 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -32,440 | 32,440 |
concept-fitout ltd Credit Report and Business Information
Concept-fitout Ltd Competitor Analysis
Perform a competitor analysis for concept-fitout ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BT16 area or any other competitors across 12 key performance metrics.
concept-fitout ltd Ownership
CONCEPT-FITOUT LTD group structure
Concept-Fitout Ltd has no subsidiary companies.
Ultimate parent company
CONCEPT-FITOUT LTD
NI630182
concept-fitout ltd directors
Concept-Fitout Ltd currently has 2 directors. The longest serving directors include Miss Emma Chambers (Mar 2015) and Mr Leslie Burns (May 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Emma Chambers | Northern Ireland | 38 years | Mar 2015 | - | Director |
| Mr Leslie Burns | Northern Ireland | 52 years | May 2016 | - | Director |
P&L
March 2023turnover
1.1m
-11%
operating profit
10.7k
0%
gross margin
18.6%
+17.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
19.3k
+0.81%
total assets
341.3k
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
concept-fitout ltd company details
company number
NI630182
Type
Private limited with Share Capital
industry
43320 - Joinery installation
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
unit f8 16 carrowreagh road, dundonald, belfast, BT16 1QT
Bank
-
Legal Advisor
-
concept-fitout 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 concept-fitout ltd.
concept-fitout 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.
Click to start generating capital raising & share issue transactions for CONCEPT-FITOUT LTD. This can take several minutes, an email will notify you when this has completed.
concept-fitout ltd Companies House Filings - See Documents
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