Faction Skis is one of the fastest-growing ski and outdoor clothing brands in the world. Founded by Australian product designer Tony McWilliam and American entrepreneur Alex Hoye, today Faction skis and outdoor clothing have won over 50 awards for quality and innovation and are sold in 25 countries around the world.

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Financial data drawn from last filed accounts don't necessarily reflect current trading activity. Financials provided by Company Check.

Accounts

2013 2014 2015 2017 2019 2020
Turnover £591.36k £929.2k £1.14m £2.86m £4.27m £4.9m
Cash £795.62k £269.28k £138.11k £325.62k £50.71k £47.25k
Increase in Cash - - - - - -

Profit & Loss

2013 2014 2015 2017 2019 2020
Audit Fees £0 £0 £0 £0 £0 £0
Cost of Sales - - - £3.34m - -
Depreciation £19.78k £34.9k £107.01k £195.31k £314.24k £429.72k
Directors Emoluments - - - - - -
Dividends - - - - - -
Export - - - - - -
Gross Profit - - - £-480.72k - -
Interest Payments £3.83k £5.93k £4.6k £270.49k £0 £0
Operating Profit - - - - - £-2.34m
Pretax Profit £-1.03m £-1.35m £1.87m £-2.54m £-4.43m £-2.4m
Profit after Tax £-1.03m £-1.35m £1.87m £-2.54m £-4.43m £-2.41m
Retained Profit £-1.03m £-1.35m £1.87m £-2.54m £-4.43m £-2.41m
Taxation £0 £0 £0 £0 £0 £-13.88k
Turnover £591.36k £929.2k £1.14m £2.86m £4.27m £4.9m
Wages & Salaries - - - - - -

Balance Sheet

2013 2014 2015 2017 2019 2020
Intangible Assets £0 £0 £0 £0 £39.75k £105.16k
Bank Loans & Overdrafts £0 £9 £0 £16.83k £0 £0
Cash £795.62k £269.28k £138.11k £325.62k £50.71k £47.25k
Miscellaneous Current Assets £1.02m £1.28m £1.85m £3.62m £7.58m £0
Miscellaneous Current Liabilities £278.7k £403.89k £922.25k £1.21m £2.88m £4.17m
Other Debtors £0 £0 £0 £58.67k £0 £2.04m
Other Long Term Finance £343.32k £305.31k £314.56k £0 £7.29m £9.52m
Other Short Term Finance £0 £0 £0 £1.15m £118.87k £1.86m
Stock £0 £240.92k £169.64k £429.71k £1.83m £2.01m
Tangible Accounts £98.25k £157.41k £279.42k £586.13k £1.01m £6.88m
Total Current Assets £1.85m £1.87m £2.18m £4.66m £9.53m £4.1m
Total Current Liabilities £416.89k £512.88k £1.14m £2.82m £5.59m £6.03m
Total Fixed Assets £98.25k £157.41k £279.42k £586.13k £1.05m £6.99m
Total Long Term Finance £343.32k £305.31k £314.56k £2.77m £7.29m £9.61m
Trade Creditors £138.19k £108.98k £220.31k £438.14k £2.59m £0
Trade Debtors £33.56k £77.91k £28.71k £233.99k £68.75k £0

Capital & Reserves

2013 2014 2015 2017 2019 2020
Profit & Loss Account Reserve £-1.03m £-4.34m £-6.21m £-11.7m £-21.39m £-22.74m
Called up share capital £0 £397.81k £497.35k £695.31k £1.02m £966.09k
Revaluation Reserve £0 £0 £0 £0 £0 £0
Shareholder Funds £1.19m £1.21m £1.01m £-320.63k £-2.3m £-4.56m
Sundry Reserves £2.21m £5.15m £6.72m £10.68m £18.08m £17.22m

Cash

2013 2014 2015 2017 2019 2020
Increase in Cash - - - - - -
Net Cash Flow Before Financing £0 £0 £0 £0 £0 £0
Net Cash Flow From Financing - - - - - -
Net Cash Flow From Operations - - - - - -

Other Financials

2013 2014 2015 2017 2019 2020
Net Assets £1.19m £1.21m £1.01m £-337.46k £-2.3m £-4.56m
Net Worth £1.19m £1.21m £1.01m £-320.63k £-2.34m £-4.66m
Total Assets £1.95m £2.03m £2.46m £5.25m £10.58m £11.09m
Total Liabilities £760.21k £818.19k £1.46m £5.59m £12.88m £15.64m
Working Capital £1.43m £1.36m £1.04m £1.85m £3.94m £-1.93m

Ratios

2013 2014 2015 2017 2019 2020
Creditor Days 85.05% 42.69% 70.52% 55.76% 220.72% 0%
Current Debt Ratio 0.35% 0.42% 1.13% -8.79% -2.43% -1.32%
Current Ratio 4.43% 3.65% 1.91% 1.65% 1.7% 0.68%
Debtor Days 20.65% 30.51% 9.19% 29.78% 5.85% 0%
Equity In Percentage 60.9% 59.6% 40.9% -6.1% -21.8% -41.5%
Gearing 28.9% 25.3% 31.3% -869% -317.1% -211%
Liquidity Ratio Or Acid Test 4.43% 3.17% 1.76% 1.5% 1.37% 0.34%
Pre Tax Profit Margin -174.66% -145.76% 164.66% -88.68% -103.64% -48.93%
Return On Capital Employed -67.51% -89.43% 141.73% -103.55% -88.72% -47.4%
Return On Net Assets Employed -87.04% -112.01% 186.02% 751.48% 192.64% 52.6%
Return On Total Assets Employed -53.05% -66.8% 75.99% -48.29% -41.85% -21.61%
Sales Or Net Working Capital 0% 0% 0% 0% 0% 0%
Stock Turnover Ratio 0% 25.92% 14.91% 15.02% 42.79% 41.14%
Total Debt Ratio 0.64% 0.67% 1.44% -17.42% -5.6% -3.43%