fifo capital finance ltd
fifo capital finance ltd Company Information
Company Number
NI637421
Website
fifocapital.co.ukRegistered Address
1 highfield grove, omagh, county tyrone, BT79 7WQ
Industry
Factoring
Telephone
01344388084
Next Accounts Due
December 2024
Group Structure
View All
Directors
Declan Devlin8 Years
Shareholders
o'doibhilin's ltd 100%
fifo capital finance ltd Estimated Valuation
Pomanda estimates the enterprise value of FIFO CAPITAL FINANCE LTD at £321.5k based on a Turnover of £222.6k and 1.44x industry multiple (adjusted for size and gross margin).
fifo capital finance ltd Estimated Valuation
Pomanda estimates the enterprise value of FIFO CAPITAL FINANCE LTD at £6.3k based on an EBITDA of £1.4k and a 4.33x industry multiple (adjusted for size and gross margin).
fifo capital finance ltd Estimated Valuation
Pomanda estimates the enterprise value of FIFO CAPITAL FINANCE LTD at £0 based on Net Assets of £-110.8k and 1.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fifo Capital Finance Ltd Overview
Fifo Capital Finance Ltd is a live company located in county tyrone, BT79 7WQ with a Companies House number of NI637421. It operates in the factoring sector, SIC Code 64992. Founded in March 2016, it's largest shareholder is o'doibhilin's ltd with a 100% stake. Fifo Capital Finance Ltd is a young, micro sized company, Pomanda has estimated its turnover at £222.6k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Fifo Capital Finance Ltd Health Check
Pomanda's financial health check has awarded Fifo Capital Finance Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
7 Weak
Size
annual sales of £222.6k, make it smaller than the average company (£3.6m)
- Fifo Capital Finance Ltd
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (-4.2%)
- Fifo Capital Finance Ltd
-4.2% - Industry AVG
Production
with a gross margin of 71.8%, this company has a comparable cost of product (71.8%)
- Fifo Capital Finance Ltd
71.8% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (35%)
- Fifo Capital Finance Ltd
35% - Industry AVG
Employees
with 1 employees, this is below the industry average (38)
1 - Fifo Capital Finance Ltd
38 - Industry AVG
Pay Structure
on an average salary of £63.6k, the company has an equivalent pay structure (£63.6k)
- Fifo Capital Finance Ltd
£63.6k - Industry AVG
Efficiency
resulting in sales per employee of £222.6k, this is equally as efficient (£245.9k)
- Fifo Capital Finance Ltd
£245.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Fifo Capital Finance Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (247 days)
- Fifo Capital Finance Ltd
247 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fifo Capital Finance Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (1 weeks)
0 weeks - Fifo Capital Finance Ltd
1 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 228.9%, this is a higher level of debt than the average (92.6%)
228.9% - Fifo Capital Finance Ltd
92.6% - Industry AVG
FIFO CAPITAL FINANCE LTD financials
Fifo Capital Finance Ltd's latest turnover from March 2023 is estimated at £222.6 thousand and the company has net assets of -£110.8 thousand. According to their latest financial statements, Fifo Capital Finance Ltd has 1 employee and maintains cash reserves of £266 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 | |
|---|---|---|---|---|---|---|---|
| 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 | 1 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,456 | 3,070 | 3,167 | 416 | 270 | 337 | 421 |
| Intangible Assets | 51,200 | 55,200 | 59,200 | 63,200 | 67,200 | 71,200 | 91,200 |
| Investments & Other | 18,174 | 18,305 | 19,913 | 21,303 | 21,141 | 16,080 | 8,033 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 71,830 | 76,575 | 82,280 | 84,919 | 88,611 | 87,617 | 99,654 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 717 | 0 | 0 | 0 | 9,703 | 0 |
| Group Debtors | 13,789 | 18,005 | 18,005 | 17,810 | 17,810 | 17,810 | 0 |
| Misc Debtors | 41 | 41 | 229 | 41 | 41 | 348 | 1 |
| Cash | 266 | 8,680 | 16,745 | 7,243 | 158 | 525 | 1,256 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,096 | 27,443 | 34,979 | 25,094 | 18,009 | 28,386 | 1,257 |
| total assets | 85,926 | 104,018 | 117,259 | 110,013 | 106,620 | 116,003 | 100,911 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 2,105 | 4,443 | 3,618 | 0 | 0 | 0 | 0 |
| Trade Creditors | 172 | 45 | 269 | 1,201 | 1,342 | 8,520 | 7,126 |
| Group/Directors Accounts | 173,406 | 183,273 | 194,570 | 210,487 | 202,322 | 175,601 | 130,500 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,145 | 8,333 | 7,687 | 8,056 | 7,742 | 10,983 | 1,200 |
| total current liabilities | 183,828 | 196,094 | 206,144 | 219,744 | 211,406 | 195,104 | 138,826 |
| loans | 12,853 | 13,992 | 18,923 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,853 | 13,992 | 18,923 | 0 | 0 | 0 | 0 |
| total liabilities | 196,681 | 210,086 | 225,067 | 219,744 | 211,406 | 195,104 | 138,826 |
| net assets | -110,755 | -106,068 | -107,808 | -109,731 | -104,786 | -79,101 | -37,915 |
| total shareholders funds | -110,755 | -106,068 | -107,808 | -109,731 | -104,786 | -79,101 | -37,915 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 614 | 768 | 792 | 104 | 67 | 84 | 105 |
| Amortisation | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 0 | 4,800 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,933 | 529 | 383 | 0 | -10,010 | 27,860 | 1 |
| Creditors | 127 | -224 | -932 | -141 | -7,178 | 1,394 | 7,126 |
| Accruals and Deferred Income | -188 | 646 | -369 | 314 | -3,241 | 9,783 | 1,200 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -131 | -1,608 | -1,390 | 162 | 5,061 | 8,047 | 8,033 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | -2,338 | 825 | 3,618 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -9,867 | -11,297 | -15,917 | 8,165 | 26,721 | 45,101 | 130,500 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -1,139 | -4,931 | 18,923 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -8,414 | -8,065 | 9,502 | 7,085 | -367 | -731 | 1,256 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,414 | -8,065 | 9,502 | 7,085 | -367 | -731 | 1,256 |
fifo capital finance ltd Credit Report and Business Information
Fifo Capital Finance Ltd Competitor Analysis
Perform a competitor analysis for fifo capital finance ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BT79 area or any other competitors across 12 key performance metrics.
fifo capital finance ltd Ownership
FIFO CAPITAL FINANCE LTD group structure
Fifo Capital Finance Ltd has no subsidiary companies.
fifo capital finance ltd directors
Fifo Capital Finance Ltd currently has 1 director, Mr Declan Devlin serving since Mar 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Declan Devlin | Northern Ireland | 47 years | Mar 2016 | - | Director |
P&L
March 2023turnover
222.6k
-1%
operating profit
-3.2k
0%
gross margin
71.9%
+9.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-110.8k
+0.04%
total assets
85.9k
-0.17%
cash
266
-0.97%
net assets
Total assets minus all liabilities
fifo capital finance ltd company details
company number
NI637421
Type
Private limited with Share Capital
industry
64992 - Factoring
incorporation date
March 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
fifo capital uk ltd (December 2018)
a&d consultancy ireland ltd (September 2016)
last accounts submitted
March 2023
address
1 highfield grove, omagh, county tyrone, BT79 7WQ
accountant
-
auditor
-
fifo capital finance 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 fifo capital finance ltd.
fifo capital finance ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
