fifab holdings limited
fifab holdings limited Company Information
Company Number
SC575116
Website
fifab.comRegistered Address
29 rutherford road, southfield industrial estate, glenrothes, KY6 2RT
Industry
Manufacture of other fabricated metal products n.e.c.
Telephone
01592776700
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
fifab limited 100%
fifab holdings limited Estimated Valuation
Pomanda estimates the enterprise value of FIFAB HOLDINGS LIMITED at £0 based on a Turnover of £0 and 0.52x industry multiple (adjusted for size and gross margin).
fifab holdings limited Estimated Valuation
Pomanda estimates the enterprise value of FIFAB HOLDINGS LIMITED at £0 based on an EBITDA of £-20.6k and a 3.96x industry multiple (adjusted for size and gross margin).
fifab holdings limited Estimated Valuation
Pomanda estimates the enterprise value of FIFAB HOLDINGS LIMITED at £2.6m based on Net Assets of £1.3m and 1.98x industry multiple (adjusted for liquidity).
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Fifab Holdings Limited Overview
Fifab Holdings Limited is a live company located in glenrothes, KY6 2RT with a Companies House number of SC575116. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in August 2017, it's largest shareholder is fifab limited with a 100% stake. Fifab Holdings Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Fifab Holdings Limited Health Check
Pomanda's financial health check has awarded Fifab Holdings Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Fifab Holdings Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (5.5%)
- - Fifab Holdings Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Fifab Holdings Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Fifab Holdings Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (80)
- Fifab Holdings Limited
- - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
- Fifab Holdings Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Fifab Holdings Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Fifab Holdings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Fifab Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fifab Holdings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fifab Holdings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.4%, this is a lower level of debt than the average (48.1%)
- - Fifab Holdings Limited
- - Industry AVG
FIFAB HOLDINGS LIMITED financials
Fifab Holdings Limited's latest turnover from September 2023 is 0 and the company has net assets of £1.3 million. According to their latest financial statements, we estimate that Fifab Holdings Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 0 | 10,383,535 | 9,104,439 | 7,247,054 | 7,346,773 | 8,127,023 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 8,096,715 | 7,468,958 | 6,132,333 | 6,165,105 | 6,407,618 | |
| Gross Profit | 2,286,820 | 1,635,481 | 1,114,721 | 1,181,668 | 1,719,405 | |
| Admin Expenses | 1,036,150 | 746,071 | 956,480 | 555,366 | 836,717 | |
| Operating Profit | 1,250,670 | 889,410 | 158,241 | 626,302 | 882,688 | |
| Interest Payable | 12,379 | 36,021 | 38,033 | 50,575 | 68,248 | 62,758 |
| Interest Receivable | 0 | 895 | 80 | 690 | 922 | 210 |
| Pre-Tax Profit | -12,379 | 1,215,544 | 851,457 | 108,356 | 558,976 | 820,140 |
| Tax | 0 | -231,153 | -204,949 | -35,448 | -42,832 | -174,388 |
| Profit After Tax | -12,379 | 984,391 | 646,508 | 72,908 | 516,144 | 645,752 |
| Dividends Paid | 0 | 55,100 | 66,120 | 0 | 49,590 | 33,060 |
| Retained Profit | -12,379 | 929,291 | 580,388 | 72,908 | 466,554 | 612,692 |
| Employee Costs | 3,483,605 | 3,282,968 | 3,021,165 | 3,079,731 | 3,011,403 | |
| Number Of Employees | 109 | 106 | 107 | 117 | 112 | |
| EBITDA* | 1,561,652 | 1,196,724 | 581,051 | 1,034,907 | 1,240,449 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 1,594,487 | 1,567,806 | 1,445,787 | 1,863,960 | 2,265,689 |
| Intangible Assets | 0 | 101,213 | 121,455 | 141,697 | 161,939 | 182,181 |
| Investments & Other | 1,998,820 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,998,820 | 1,695,700 | 1,689,261 | 1,587,484 | 2,025,899 | 2,447,870 |
| Stock & work in progress | 0 | 682,731 | 943,105 | 429,785 | 346,978 | 502,400 |
| Trade Debtors | 0 | 1,878,306 | 1,776,916 | 1,416,309 | 1,383,463 | 1,557,031 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 70,890 | 76,416 | 34,053 | 40,069 | 144,022 |
| Cash | 0 | 1,859,298 | 1,352,061 | 865,322 | 737,402 | 651,602 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 4,491,225 | 4,148,498 | 2,745,469 | 2,507,912 | 2,855,055 |
| total assets | 1,998,820 | 6,186,925 | 5,837,759 | 4,332,953 | 4,533,811 | 5,302,925 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 28,455 |
| Bank loan | 0 | 696,250 | 67,500 | 0 | 67,500 | 67,500 |
| Trade Creditors | 0 | 1,046,722 | 1,734,865 | 1,728,851 | 728,512 | 1,008,867 |
| Group/Directors Accounts | 684,554 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 159,471 | 155,447 | 0 | 166,695 | 231,243 |
| other current liabilities | 3,000 | 1,072,534 | 821,221 | 0 | 787,027 | 920,016 |
| total current liabilities | 687,554 | 2,974,977 | 2,779,033 | 1,728,851 | 1,749,734 | 2,256,081 |
| loans | 0 | 0 | 696,250 | 0 | 814,375 | 1,231,875 |
| hp & lease commitments | 0 | 173,464 | 332,946 | 0 | 643,757 | 783,050 |
| Accruals and Deferred Income | 0 | 0 | 0 | 1,858 | 14,986 | 28,114 |
| other liabilities | 0 | 88,640 | 37,372 | 1,252,154 | 0 | 150,000 |
| provisions | 0 | 178,061 | 149,666 | 87,986 | 121,763 | 131,163 |
| total long term liabilities | 0 | 440,165 | 1,216,234 | 1,341,998 | 1,594,881 | 2,324,202 |
| total liabilities | 687,554 | 3,415,142 | 3,995,267 | 3,070,849 | 3,344,615 | 4,580,283 |
| net assets | 1,311,266 | 2,771,783 | 1,842,492 | 1,262,104 | 1,189,196 | 722,642 |
| total shareholders funds | 1,311,266 | 2,771,783 | 1,842,492 | 1,262,104 | 1,189,196 | 722,642 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 1,250,670 | 889,410 | 158,241 | 626,302 | 882,688 | |
| Depreciation | 0 | 290,740 | 287,072 | 402,568 | 388,363 | 337,519 |
| Amortisation | 0 | 20,242 | 20,242 | 20,242 | 20,242 | 20,242 |
| Tax | 0 | -231,153 | -204,949 | -35,448 | -42,832 | -174,388 |
| Stock | -682,731 | -260,374 | 513,320 | 82,807 | -155,422 | 502,400 |
| Debtors | -1,949,196 | 95,864 | 402,970 | 26,830 | -277,521 | 1,701,053 |
| Creditors | -1,046,722 | -688,143 | 6,014 | 1,000,339 | -280,355 | 1,008,867 |
| Accruals and Deferred Income | -1,069,534 | 251,313 | 819,363 | -800,155 | -146,117 | 948,130 |
| Deferred Taxes & Provisions | -178,061 | 28,395 | 61,680 | -33,777 | -9,400 | 131,163 |
| Cash flow from operations | 1,086,574 | 962,542 | 602,373 | 989,146 | 950,768 | |
| Investing Activities | ||||||
| capital expenditure | 0 | 0 | 0 | 0 | -1,032,161 | |
| Change in Investments | 1,998,820 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -1,032,161 | |
| Financing Activities | ||||||
| Bank loans | -696,250 | 628,750 | 67,500 | -67,500 | 0 | 67,500 |
| Group/Directors Accounts | 684,554 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -696,250 | 696,250 | -814,375 | -417,500 | 1,231,875 |
| Hire Purchase and Lease Commitments | -332,935 | -155,458 | 488,393 | -810,452 | -203,841 | 1,014,293 |
| other long term liabilities | -88,640 | 51,268 | -1,214,782 | 1,252,154 | -150,000 | 150,000 |
| share issue | ||||||
| interest | -12,379 | -35,126 | -37,953 | -49,885 | -67,326 | -62,548 |
| cash flow from financing | -1,893,788 | -206,816 | -592 | -490,058 | -838,667 | 2,511,070 |
| cash and cash equivalents | ||||||
| cash | -1,859,298 | 507,237 | 486,739 | 127,920 | 85,800 | 651,602 |
| overdraft | 0 | 0 | 0 | 0 | -28,455 | 28,455 |
| change in cash | -1,859,298 | 507,237 | 486,739 | 127,920 | 114,255 | 623,147 |
fifab holdings limited Credit Report and Business Information
Fifab Holdings Limited Competitor Analysis
Perform a competitor analysis for fifab holdings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other young companies, companies in KY6 area or any other competitors across 12 key performance metrics.
fifab holdings limited Ownership
FIFAB HOLDINGS LIMITED group structure
Fifab Holdings Limited has 1 subsidiary company.
Ultimate parent company
1 parent
FIFAB HOLDINGS LIMITED
SC575116
1 subsidiary
fifab holdings limited directors
Fifab Holdings Limited currently has 7 directors. The longest serving directors include Mr John Penman (Aug 2017) and Mr Craig McIntosh (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Penman | Scotland | 56 years | Aug 2017 | - | Director |
| Mr Craig McIntosh | England | 44 years | Oct 2017 | - | Director |
| Mr Steven Smith | 50 years | Oct 2017 | - | Director | |
| Mr Roberto Morris | England | 44 years | Oct 2017 | - | Director |
| Mr Michael Gare | United Kingdom | 54 years | Feb 2023 | - | Director |
| Mr Robert Waterson | England | 62 years | Feb 2023 | - | Director |
| Mr William Taylor | England | 64 years | Feb 2023 | - | Director |
P&L
September 2023turnover
0
-100%
operating profit
-20.6k
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
1.3m
-0.53%
total assets
2m
-0.68%
cash
0
-1%
net assets
Total assets minus all liabilities
fifab holdings limited company details
company number
SC575116
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
August 2017
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
fife fabrications holdings limited (September 2017)
accountant
-
auditor
AZETS AUDIT SERVICES
address
29 rutherford road, southfield industrial estate, glenrothes, KY6 2RT
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
YOUNG & PARTNERS
fifab holdings 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 found 4 charges/mortgages relating to fifab holdings limited. Currently there are 4 open charges and 0 have been satisfied in the past.
fifab holdings limited Companies House Filings - See Documents
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