spinalong limited
spinalong limited Company Information
Company Number
01320859
Website
-Registered Address
meadow farm woodshop lane, swarkestone, derby, DE73 7JA
Industry
Manufacture of other wearing apparel and accessories
Telephone
-
Next Accounts Due
4 days late
Group Structure
View All
Shareholders
c & n lewis holdings uk ltd 100%
spinalong limited Estimated Valuation
Pomanda estimates the enterprise value of SPINALONG LIMITED at £396.4k based on a Turnover of £717.2k and 0.55x industry multiple (adjusted for size and gross margin).
spinalong limited Estimated Valuation
Pomanda estimates the enterprise value of SPINALONG LIMITED at £0 based on an EBITDA of £-40.7k and a 4.39x industry multiple (adjusted for size and gross margin).
spinalong limited Estimated Valuation
Pomanda estimates the enterprise value of SPINALONG LIMITED at £252.8k based on Net Assets of £62.2k and 4.07x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spinalong Limited Overview
Spinalong Limited is a live company located in derby, DE73 7JA with a Companies House number of 01320859. It operates in the manufacture of other wearing apparel and accessories n.e.c. sector, SIC Code 14190. Founded in July 1977, it's largest shareholder is c & n lewis holdings uk ltd with a 100% stake. Spinalong Limited is a mature, small sized company, Pomanda has estimated its turnover at £717.2k with high growth in recent years.
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Spinalong Limited Health Check
Pomanda's financial health check has awarded Spinalong Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £717.2k, make it smaller than the average company (£9.3m)
- Spinalong Limited
£9.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (1.5%)
- Spinalong Limited
1.5% - Industry AVG
Production
with a gross margin of 24.6%, this company has a higher cost of product (35.1%)
- Spinalong Limited
35.1% - Industry AVG
Profitability
an operating margin of -5.7% make it less profitable than the average company (5.4%)
- Spinalong Limited
5.4% - Industry AVG
Employees
with 9 employees, this is below the industry average (38)
9 - Spinalong Limited
38 - Industry AVG
Pay Structure
on an average salary of £34.3k, the company has an equivalent pay structure (£34.3k)
- Spinalong Limited
£34.3k - Industry AVG
Efficiency
resulting in sales per employee of £79.7k, this is less efficient (£184.7k)
- Spinalong Limited
£184.7k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (44 days)
- Spinalong Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (41 days)
- Spinalong Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spinalong Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spinalong Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70%, this is a similar level of debt than the average (66.3%)
70% - Spinalong Limited
66.3% - Industry AVG
SPINALONG LIMITED financials
Spinalong Limited's latest turnover from December 2022 is estimated at £717.2 thousand and the company has net assets of £62.2 thousand. According to their latest financial statements, Spinalong Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 548,532 | 529,225 | 752,754 | 865,398 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 486,823 | 448,853 | 527,083 | 633,278 | ||||||||||
| Gross Profit | 61,709 | 80,372 | 225,671 | 232,120 | ||||||||||
| Admin Expenses | 61,034 | 76,905 | 206,716 | 227,960 | ||||||||||
| Operating Profit | 675 | 3,467 | 18,955 | 4,160 | ||||||||||
| Interest Payable | 0 | 0 | 544 | 21 | ||||||||||
| Interest Receivable | 0 | 20 | 65 | 31 | ||||||||||
| Pre-Tax Profit | 675 | 3,487 | 18,476 | 4,170 | ||||||||||
| Tax | 1,324 | -2,761 | -1,831 | 11,231 | ||||||||||
| Profit After Tax | 1,999 | 726 | 16,645 | 15,401 | ||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||||||
| Retained Profit | 1,999 | 726 | 16,645 | 15,401 | ||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 9 | 12 | 14 | 14 | 12 | 10 | 11 | 12 | ||||||
| EBITDA* | 8,899 | 13,803 | 40,708 | 15,480 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,611 | 12,428 | 13,432 | 6,423 | 9,195 | 13,902 | 87,975 | 98,311 | 88,448 | 110,374 | 113,319 | 124,295 | 142,735 | 159,093 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 24,611 | 12,428 | 13,432 | 6,423 | 9,195 | 13,902 | 87,975 | 98,311 | 88,448 | 110,374 | 113,319 | 124,295 | 142,735 | 159,093 |
| Stock & work in progress | 0 | 0 | 0 | 89,508 | 94,717 | 76,852 | 76,852 | 74,201 | 87,346 | 72,346 | 80,853 | 55,853 | 42,539 | 98,229 |
| Trade Debtors | 180,618 | 262,649 | 268,005 | 35,677 | 70,764 | 117,064 | 90,571 | 59,675 | 91,907 | 83,909 | 135,950 | 59,162 | 69,917 | 33,357 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,563 | 1,728 | 0 | 29,181 | 10,990 | 6,333 | 4,576 | 7,228 | 2,502 | 2,502 | 2,502 | 0 | 0 | 36,156 |
| Cash | 0 | 0 | 0 | 71,481 | 31,664 | 45,784 | 57,390 | 99,462 | 88,868 | 58,096 | 112,900 | 108,870 | 124,720 | 68,733 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 182,181 | 264,377 | 268,005 | 225,847 | 208,135 | 246,033 | 229,389 | 240,566 | 270,623 | 216,853 | 332,205 | 223,885 | 237,176 | 236,475 |
| total assets | 206,792 | 276,805 | 281,437 | 232,270 | 217,330 | 259,935 | 317,364 | 338,877 | 359,071 | 327,227 | 445,524 | 348,180 | 379,911 | 395,568 |
| Bank overdraft | 0 | 0 | 0 | 19,691 | 571 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 79,888 | 99,208 | 108,814 | 56,991 | 75,347 | 103,454 | 71,122 | 75,256 | 151,103 | 115,958 | 228,273 | 115,942 | 42,917 | 116,466 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,586 | 9,472 | 3,764 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 49,023 | 29,042 | 28,237 | 38,628 | 56,733 | 0 | 0 | 0 | 0 | 76,954 | 57,707 |
| total current liabilities | 79,888 | 99,208 | 108,814 | 125,705 | 104,960 | 131,691 | 109,750 | 131,989 | 156,689 | 125,430 | 232,037 | 115,942 | 119,871 | 174,173 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 30,157 | 30,157 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 34,596 | 44,579 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,000 | 28,000 | 42,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 64,753 | 74,736 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,000 | 28,000 | 42,000 | 0 |
| total liabilities | 144,641 | 173,944 | 158,814 | 125,705 | 104,960 | 131,691 | 109,750 | 131,989 | 156,689 | 125,430 | 246,037 | 143,942 | 161,871 | 174,173 |
| net assets | 62,151 | 102,861 | 122,623 | 106,565 | 112,370 | 128,244 | 207,614 | 206,888 | 202,382 | 201,797 | 199,487 | 204,238 | 218,040 | 221,395 |
| total shareholders funds | 62,151 | 102,861 | 122,623 | 106,565 | 112,370 | 128,244 | 207,614 | 206,888 | 202,382 | 201,797 | 199,487 | 204,238 | 218,040 | 221,395 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 675 | 3,467 | 18,955 | 4,160 | ||||||||||
| Depreciation | 2,836 | 4,267 | 4,707 | 8,224 | 10,336 | 11,449 | 23,276 | 24,139 | 19,893 | 18,440 | 21,753 | 11,320 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 1,324 | -2,761 | -1,831 | 11,231 | ||||||||||
| Stock | 0 | 0 | -89,508 | -5,209 | 17,865 | 0 | 2,651 | -13,145 | 15,000 | -8,507 | 25,000 | 13,314 | -55,690 | 98,229 |
| Debtors | -82,196 | -3,628 | 203,147 | -16,896 | -41,643 | 28,250 | 28,244 | -27,506 | 7,998 | -52,041 | 79,290 | -10,755 | 404 | 69,513 |
| Creditors | -19,320 | -9,606 | 51,823 | -18,356 | -28,107 | 32,332 | -4,134 | -75,847 | 35,145 | -112,315 | 112,331 | 73,025 | -73,549 | 116,466 |
| Accruals and Deferred Income | 0 | 30,157 | -49,023 | 19,981 | 805 | -10,391 | -18,105 | 56,733 | 0 | 0 | 0 | -76,954 | 19,247 | 57,707 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,914 | -42,092 | 39,861 | 33,142 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 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 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,586 | -3,886 | 5,708 | 3,764 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -9,983 | -5,421 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | -14,000 | -14,000 | -14,000 | 42,000 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 20 | -479 | 10 | ||||||||||
| cash flow from financing | -81,369 | 20 | 21,521 | 206,004 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | -71,481 | 39,817 | -14,120 | -11,606 | -42,072 | 10,594 | 30,772 | -54,804 | 4,030 | -15,850 | 55,987 | 68,733 |
| overdraft | 0 | 0 | -19,691 | 19,120 | 571 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -51,790 | 20,697 | -14,691 | -11,606 | -42,072 | 10,594 | 30,772 | -54,804 | 4,030 | -15,850 | 55,987 | 68,733 |
spinalong limited Credit Report and Business Information
Spinalong Limited Competitor Analysis
Perform a competitor analysis for spinalong limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in DE73 area or any other competitors across 12 key performance metrics.
spinalong limited Ownership
SPINALONG LIMITED group structure
Spinalong Limited has no subsidiary companies.
spinalong limited directors
Spinalong Limited currently has 2 directors. The longest serving directors include Mr Christopher Lewis (Jul 2001) and Mr Nicholas Lewis (Jul 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Lewis | England | 50 years | Jul 2001 | - | Director |
| Mr Nicholas Lewis | England | 51 years | Jul 2001 | - | Director |
P&L
December 2022turnover
717.2k
-24%
operating profit
-40.7k
0%
gross margin
24.6%
+5.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
62.2k
-0.4%
total assets
206.8k
-0.25%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
spinalong limited company details
company number
01320859
Type
Private limited with Share Capital
industry
14190 - Manufacture of other wearing apparel and accessories
incorporation date
July 1977
age
47
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
meadow farm woodshop lane, swarkestone, derby, DE73 7JA
accountant
RDG ACCOUNTING LTD
auditor
-
spinalong 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 did not find charges/mortgages relating to spinalong limited.
spinalong limited Companies House Filings - See Documents
| date | description | view/download |
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