smile stores limited
smile stores limited Company Information
Company Number
00641258
Website
http://smilecoms.comRegistered Address
8th floor central square, 29 wellington street, leeds, LS1 4DL
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Retail sale of tobacco products in specialised stores
Telephone
02038481623
Next Accounts Due
631 days late
Group Structure
View All
Shareholders
key food stores ltd 100%
smile stores limited Estimated Valuation
Pomanda estimates the enterprise value of SMILE STORES LIMITED at £27.2m based on a Turnover of £55.1m and 0.49x industry multiple (adjusted for size and gross margin).
smile stores limited Estimated Valuation
Pomanda estimates the enterprise value of SMILE STORES LIMITED at £12.4m based on an EBITDA of £2.1m and a 5.9x industry multiple (adjusted for size and gross margin).
smile stores limited Estimated Valuation
Pomanda estimates the enterprise value of SMILE STORES LIMITED at £51.9m based on Net Assets of £20.1m and 2.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Smile Stores Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Smile Stores Limited Overview
Smile Stores Limited is a live company located in leeds, LS1 4DL with a Companies House number of 00641258. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in November 1959, it's largest shareholder is key food stores ltd with a 100% stake. Smile Stores Limited is a mature, large sized company, Pomanda has estimated its turnover at £55.1m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Smile Stores Limited Health Check
Pomanda's financial health check has awarded Smile Stores Limited a 4.5 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 £55.1m, make it larger than the average company (£674k)
£55.1m - Smile Stores Limited
£674k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a faster rate (-1.2%)
-1% - Smile Stores Limited
-1.2% - Industry AVG
Production
with a gross margin of 25.6%, this company has a comparable cost of product (24.4%)
25.6% - Smile Stores Limited
24.4% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (1.6%)
-0.1% - Smile Stores Limited
1.6% - Industry AVG
Employees
with 852 employees, this is above the industry average (21)
852 - Smile Stores Limited
21 - Industry AVG
Pay Structure
on an average salary of £10k, the company has an equivalent pay structure (£12k)
£10k - Smile Stores Limited
£12k - Industry AVG
Efficiency
resulting in sales per employee of £64.7k, this is less efficient (£83.4k)
£64.7k - Smile Stores Limited
£83.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (7 days)
0 days - Smile Stores Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (40 days)
63 days - Smile Stores Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 34 days, this is in line with average (29 days)
34 days - Smile Stores Limited
29 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Smile Stores Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61%, this is a lower level of debt than the average (73.1%)
61% - Smile Stores Limited
73.1% - Industry AVG
smile stores limited Credit Report and Business Information
Smile Stores Limited Competitor Analysis
Perform a competitor analysis for smile stores limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
smile stores limited Ownership
SMILE STORES LIMITED group structure
Smile Stores Limited has no subsidiary companies.
Ultimate parent company
2 parents
SMILE STORES LIMITED
00641258
smile stores limited directors
Smile Stores Limited currently has 4 directors. The longest serving directors include Mr Stuart Butler (Feb 2020) and Mr Giles David (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Butler | United Kingdom | 53 years | Feb 2020 | - | Director |
| Mr Giles David | 57 years | Jul 2020 | - | Director | |
| Mr Giles David | England | 57 years | Jul 2020 | - | Director |
| Ms Karen McEwan | 60 years | Jul 2020 | - | Director |
SMILE STORES LIMITED financials
Smile Stores Limited's latest turnover from November 2020 is £55.1 million and the company has net assets of £20.1 million. According to their latest financial statements, Smile Stores Limited has 852 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 55,138,000 | 54,336,000 | 53,669,000 | 56,517,000 | 56,518,000 | 57,788,000 | 59,253,000 | 57,903,000 | 57,221,000 | 55,526,000 | 55,817,000 | 57,606,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 41,026,000 | 38,875,000 | 38,511,000 | 38,954,000 | 40,150,000 | 41,530,000 | 42,697,000 | 41,812,000 | 40,816,000 | 39,676,000 | 38,890,000 | 40,077,000 |
| Gross Profit | 14,112,000 | 15,461,000 | 15,158,000 | 17,563,000 | 16,368,000 | 16,258,000 | 16,556,000 | 16,091,000 | 16,405,000 | 15,850,000 | 16,927,000 | 17,529,000 |
| Admin Expenses | 14,188,000 | 19,313,000 | 14,559,000 | 14,572,000 | 13,516,000 | 13,339,000 | 14,313,000 | 14,430,000 | 14,496,000 | 14,129,000 | 14,873,000 | 14,857,000 |
| Operating Profit | -76,000 | -3,852,000 | 599,000 | 2,991,000 | 2,852,000 | 2,919,000 | 2,243,000 | 1,661,000 | 1,909,000 | 1,721,000 | 2,054,000 | 2,672,000 |
| Interest Payable | 504,000 | 2,000 | 0 | 0 | 4,000 | 0 | 4,000 | 3,000 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -580,000 | -3,854,000 | 599,000 | 2,991,000 | 2,848,000 | 2,919,000 | 2,153,000 | 1,672,000 | 1,700,000 | 2,438,000 | 1,620,000 | 2,495,000 |
| Tax | 270,000 | 25,000 | -79,000 | -671,000 | 287,000 | 38,000 | 94,000 | 83,000 | -43,000 | 30,000 | -2,000 | -46,000 |
| Profit After Tax | -310,000 | -3,829,000 | 520,000 | 2,320,000 | 3,135,000 | 2,957,000 | 2,247,000 | 1,755,000 | 1,657,000 | 2,468,000 | 1,618,000 | 2,449,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -310,000 | -3,829,000 | 520,000 | 2,320,000 | 3,135,000 | 2,957,000 | 2,247,000 | 1,755,000 | 1,657,000 | 2,468,000 | 1,618,000 | 2,449,000 |
| Employee Costs | 8,549,000 | 8,741,000 | 8,623,000 | 8,549,000 | 8,579,000 | 8,476,000 | 7,900,000 | 8,417,000 | 8,676,000 | 8,674,000 | 9,038,000 | 9,189,000 |
| Number Of Employees | 852 | 897 | 941 | 1,079 | 1,285 | 1,261 | 1,201 | 1,249 | 1,495 | 942 | 971 | 986 |
| EBITDA* | 2,104,000 | 1,819,000 | 1,437,000 | 3,946,000 | 2,852,000 | 2,919,000 | 3,459,000 | 2,866,000 | 3,122,000 | 2,863,000 | 3,133,000 | 3,704,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,020,000 | 4,323,000 | 4,585,000 | 4,764,000 | 5,058,000 | 4,940,000 | 5,245,000 | 5,514,000 | 5,892,000 | 5,953,000 | 5,576,000 | 6,009,000 |
| Intangible Assets | 3,303,000 | 3,270,000 | 8,034,000 | 7,899,000 | 7,915,000 | 7,902,000 | 7,170,000 | 8,172,000 | 8,621,000 | 9,576,000 | 9,987,000 | 10,609,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 115,000 | 27,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,208,000 | 7,566,000 | 12,619,000 | 12,663,000 | 12,973,000 | 12,842,000 | 12,415,000 | 13,686,000 | 14,513,000 | 15,529,000 | 15,563,000 | 16,618,000 |
| Stock & work in progress | 3,873,000 | 3,936,000 | 3,415,000 | 3,291,000 | 3,406,000 | 3,172,000 | 2,915,000 | 3,003,000 | 3,255,000 | 2,853,000 | 3,223,000 | 3,449,000 |
| Trade Debtors | 100,000 | 101,000 | 156,000 | 96,000 | 153,000 | 126,000 | 121,000 | 118,000 | 118,000 | 111,000 | 130,000 | 124,000 |
| Group Debtors | 28,786,000 | 28,322,000 | 27,373,000 | 25,813,000 | 23,766,000 | 21,239,000 | 18,171,000 | 15,280,000 | 12,862,000 | 9,961,000 | 6,901,000 | 3,845,000 |
| Misc Debtors | 1,342,000 | 1,756,000 | 1,781,000 | 2,049,000 | 671,000 | 550,000 | 544,000 | 805,000 | 723,000 | 748,000 | 776,000 | 667,000 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 106,000 | 133,000 | 42,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 34,323,000 | 34,120,000 | 32,725,000 | 31,355,000 | 28,129,000 | 25,129,000 | 21,751,000 | 19,206,000 | 16,958,000 | 13,673,000 | 11,030,000 | 8,085,000 |
| total assets | 51,531,000 | 41,686,000 | 45,344,000 | 44,018,000 | 41,102,000 | 37,971,000 | 34,166,000 | 32,892,000 | 31,471,000 | 29,202,000 | 26,593,000 | 24,703,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,092,000 | 7,690,000 | 7,142,000 | 5,700,000 | 5,852,000 | 18,348,000 | 5,393,000 | 5,971,000 | 6,153,000 | 5,462,000 | 5,309,000 | 4,992,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 10,992,000 | 10,992,000 | 10,992,000 | 10,992,000 | 10,992,000 | 10,992,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,171,000 | 0 | 0 | 0 | 0 | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 13,365,000 | 12,741,000 | 13,061,000 | 13,654,000 | 12,979,000 | 159,000 | 1,225,000 | 1,506,000 | 1,570,000 | 1,698,000 | 1,697,000 | 1,725,000 |
| total current liabilities | 21,628,000 | 20,431,000 | 20,203,000 | 19,354,000 | 18,831,000 | 18,507,000 | 17,620,000 | 18,469,000 | 18,715,000 | 18,152,000 | 17,998,000 | 17,709,000 |
| loans | 19,026,000 | 0 | 0 | 0 | 86,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 9,513,000 | 0 | 0 | 0 | 43,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 10,000 | 38,000 | 0 | 116,000 | 0 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 548,000 | 394,000 | 584,000 | 438,000 | 438,000 | 1,156,000 | 557,000 | 681,000 | 769,000 | 720,000 | 733,000 | 750,000 |
| total long term liabilities | 9,797,000 | 235,000 | 292,000 | 335,000 | 262,000 | 590,000 | 557,000 | 681,000 | 769,000 | 720,000 | 733,000 | 750,000 |
| total liabilities | 31,425,000 | 20,666,000 | 20,495,000 | 19,689,000 | 19,093,000 | 19,097,000 | 18,177,000 | 19,150,000 | 19,484,000 | 18,872,000 | 18,731,000 | 18,459,000 |
| net assets | 20,106,000 | 21,020,000 | 24,849,000 | 24,329,000 | 22,009,000 | 18,874,000 | 15,989,000 | 13,742,000 | 11,987,000 | 10,330,000 | 7,862,000 | 6,244,000 |
| total shareholders funds | 20,106,000 | 21,020,000 | 24,849,000 | 24,329,000 | 22,009,000 | 18,874,000 | 15,989,000 | 13,742,000 | 11,987,000 | 10,330,000 | 7,862,000 | 6,244,000 |
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -76,000 | -3,852,000 | 599,000 | 2,991,000 | 2,852,000 | 2,919,000 | 2,243,000 | 1,661,000 | 1,909,000 | 1,721,000 | 2,054,000 | 2,672,000 |
| Depreciation | 2,122,000 | 774,000 | 838,000 | 955,000 | 767,000 | 739,000 | 737,000 | 669,000 | 601,000 | 551,000 | ||
| Amortisation | 58,000 | 4,897,000 | 0 | 449,000 | 466,000 | 476,000 | 473,000 | 478,000 | 481,000 | |||
| Tax | 270,000 | 25,000 | -79,000 | -671,000 | 287,000 | 38,000 | 94,000 | 83,000 | -43,000 | 30,000 | -2,000 | -46,000 |
| Stock | -63,000 | 521,000 | 124,000 | -115,000 | 234,000 | 257,000 | -88,000 | -252,000 | 402,000 | -370,000 | -226,000 | 3,449,000 |
| Debtors | 137,000 | 896,000 | 1,352,000 | 3,368,000 | 2,675,000 | 3,079,000 | 2,633,000 | 2,500,000 | 2,883,000 | 3,013,000 | 3,171,000 | 4,636,000 |
| Creditors | -598,000 | 548,000 | 1,442,000 | -152,000 | -12,496,000 | 12,955,000 | -578,000 | -182,000 | 691,000 | 153,000 | 317,000 | 4,992,000 |
| Accruals and Deferred Income | 624,000 | -320,000 | -593,000 | 675,000 | 12,820,000 | -1,066,000 | -281,000 | -64,000 | -128,000 | 1,000 | -28,000 | 1,725,000 |
| Deferred Taxes & Provisions | 154,000 | -190,000 | 146,000 | 0 | -718,000 | 599,000 | -124,000 | -88,000 | 49,000 | -13,000 | -17,000 | 750,000 |
| Cash flow from operations | 2,480,000 | 465,000 | 877,000 | 25,000 | 367,000 | 406,000 | 391,000 | 458,000 | 3,040,000 | |||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -10,992,000 | 0 | 0 | 0 | 0 | 0 | 10,992,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 19,026,000 | 0 | 0 | -86,000 | 86,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 10,684,000 | 0 | 0 | -43,000 | 43,000 | -10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -28,000 | 38,000 | -116,000 | 116,000 | -12,000 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -504,000 | -2,000 | 0 | 0 | -4,000 | 0 | -4,000 | -3,000 | 0 | 0 | 0 | 0 |
| cash flow from financing | 28,574,000 | 36,000 | -116,000 | -13,000 | 113,000 | -11,062,000 | 6,000 | -3,000 | 0 | 0 | 0 | 14,787,000 |
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
November 2020turnover
55.1m
+1%
operating profit
-76k
-98%
gross margin
25.6%
-10.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2020net assets
20.1m
-0.04%
total assets
51.5m
+0.24%
cash
0
0%
net assets
Total assets minus all liabilities
smile stores limited company details
company number
00641258
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
47260 - Retail sale of tobacco products in specialised stores
incorporation date
November 1959
age
65
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
newshops limited (February 2003)
bristol evening post newshops limited (August 1998)
incorporated
UK
address
8th floor central square, 29 wellington street, leeds, LS1 4DL
last accounts submitted
November 2020
smile stores 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 59 charges/mortgages relating to smile stores limited. Currently there are 3 open charges and 56 have been satisfied in the past.
smile stores limited Companies House Filings - See Documents
| date | description | view/download |
|---|
