Golden Mantella Jewellers Limited

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golden mantella jewellers limited Company Information

Live

MatureMicroHigh

Company Number

01624745

Website

www.thrissurgoldenjewellers.com

Registered Address

167 turners hill, cheshunt, herts, EN8 9BH

Industry

Retail sale of watches and jewellery in specialised stores

Telephone

01494459878

Next Accounts Due

December 2024

Group Structure

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Directors

Erdal Mehmet33 Years

Siena Mehmet3 Years

Shareholders

erdal mehmet 75%

zehra mehmet 15%

View All

golden mantella jewellers limited Estimated Valuation

£418.6k

Pomanda estimates the enterprise value of GOLDEN MANTELLA JEWELLERS LIMITED at £418.6k based on Net Assets of £143.1k and 2.93x industry multiple (adjusted for liquidity).

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Golden Mantella Jewellers Limited is a live company located in herts, EN8 9BH with a Companies House number of 01624745. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in March 1982, it's largest shareholder is erdal mehmet with a 75% stake. Golden Mantella Jewellers Limited is a mature, micro sized company, Pomanda has estimated its turnover at £394k with high growth in recent years.

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Pomanda's financial health check has awarded Golden Mantella Jewellers Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

4 Regular

5 Weak

Size

annual sales of £394k, make it smaller than the average company (£9.2m)

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (10.8%)

EXPORT

Golden Mantella Jewellers Limited's latest turnover from March 2023 is estimated at £394 thousand and the company has net assets of £143.1 thousand. According to their latest financial statements, Golden Mantella Jewellers Limited has 5 employees and maintains cash reserves of £69.8 thousand 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	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	394,016	365,228	228,623	198,362	240,125	279,118	308,989	268,687	276,744	313,638	335,237	310,247	260,606	232,636
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	278,095	269,469	167,070	137,294	165,881	197,155	216,776	182,064	186,106	209,932	225,177	196,929	178,056	151,084
Gross Profit	115,920	95,759	61,553	61,069	74,243	81,964	92,213	86,623	90,638	103,706	110,060	113,317	82,551	81,552
Admin Expenses	101,051	57,881	80,813	60,749	59,325	63,864	90,942	117,815	80,232	66,187	110,625	123,431	91,569	-61,423
Operating Profit	14,869	37,878	-19,260	320	14,918	18,100	1,271	-31,192	10,406	37,519	-565	-10,114	-9,018	142,975
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	2,510	181	5	6	3	2	1	20	46	28	14	35	31	8
Pre-Tax Profit	17,379	38,059	-19,255	326	14,921	18,102	1,273	-31,172	10,452	37,547	-551	-10,079	-8,987	142,983
Tax	-3,302	-7,231	0	-62	-2,835	-3,439	-254	0	-2,195	-8,636	0	0	0	-40,035
Profit After Tax	14,077	30,828	-19,255	264	12,086	14,663	1,018	-31,172	8,257	28,911	-551	-10,079	-8,987	102,948
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	14,077	30,828	-19,255	264	12,086	14,663	1,018	-31,172	8,257	28,911	-551	-10,079	-8,987	102,948
Employee Costs	163,807	176,026	133,923	76,526	158,473	146,786	142,803	48,434	49,292	51,800	52,424	60,000	30,238	29,513
Number Of Employees	5	6	5	3	5	6	6	2	2	2	2	2	1	1
EBITDA*	18,110	41,835	-14,339	6,071	22,190	27,357	5,440	-26,181	16,437	44,957	12,487	-6,289	-4,144	149,224

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	19,959	21,400	25,357	30,278	33,671	40,943	27,143	31,312	36,323	42,354	49,792	17,542	21,367	26,241
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	40,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000
Debtors (Due After 1 year)	50,000	50,000	50,000	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	109,959	111,400	115,357	70,278	73,671	80,943	67,143	71,312	76,323	82,354	89,792	57,542	61,367	66,241
Stock & work in progress	35,000	37,000	33,500	14,500	20,500	29,000	32,500	30,675	23,995	22,500	28,450	32,300	25,150	21,250
Trade Debtors	87,925	87,925	80,329	90,329	90,329	81,434	61,329	62,173	71,329	71,329	71,329	73,007	71,329	76,329
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	69,765	48,359	0	10,581	425	425	410	410	7,704	10,530	713	5,055	8,994	3,306
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	192,690	173,284	113,829	115,410	111,254	110,859	94,239	93,258	103,028	104,359	100,492	110,362	105,473	100,885
total assets	302,649	284,684	229,186	185,688	184,925	191,802	161,382	164,570	179,351	186,713	190,284	167,904	166,840	167,126
Bank overdraft	0	0	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	0	0
Trade Creditors	149,541	145,653	130,559	67,806	62,223	76,101	71,035	75,241	58,850	74,469	99,445	82,268	66,709	53,592
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	149,541	145,653	130,559	67,806	62,223	76,101	71,035	75,241	58,850	74,469	99,445	82,268	66,709	53,592
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	10,000	10,000	424	424	5,508	10,593	0	0	0	0	7,506	1,752	6,168	10,584
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	10,000	10,000	424	424	5,508	10,593	0	0	0	0	7,506	1,752	6,168	10,584
total liabilities	159,541	155,653	130,983	68,230	67,731	86,694	71,035	75,241	58,850	74,469	106,951	84,020	72,877	64,176
net assets	143,108	129,031	98,203	117,458	117,194	105,108	90,347	89,329	120,501	112,244	83,333	83,884	93,963	102,950
total shareholders funds	143,108	129,031	98,203	117,458	117,194	105,108	90,347	89,329	120,501	112,244	83,333	83,884	93,963	102,950

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	14,869	37,878	-19,260	320	14,918	18,100	1,271	-31,192	10,406	37,519	-565	-10,114	-9,018	142,975
Depreciation	3,241	3,957	4,921	5,751	7,272	9,257	4,169	5,011	6,031	7,438	13,052	3,825	4,874	6,249
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-3,302	-7,231	0	-62	-2,835	-3,439	-254	0	-2,195	-8,636	0	0	0	-40,035
Stock	-2,000	3,500	19,000	-6,000	-8,500	-3,500	1,825	6,680	1,495	-5,950	-3,850	7,150	3,900	21,250
Debtors	0	7,596	40,000	0	8,895	20,105	-844	-9,156	0	0	-1,678	1,678	-5,000	76,329
Creditors	3,888	15,094	62,753	5,583	-13,878	5,066	-4,206	16,391	-15,619	-24,976	17,177	15,559	13,117	53,592
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	20,696	38,602	-10,586	17,592	5,082	12,379	-1	-7,314	-2,872	17,295	35,192	442	10,073	65,202
Investing Activities
capital expenditure	-1,800	0	0	-2,358	0	-23,057	0	0	0	0	-45,302	0	0	-32,490
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	40,000
cash flow from investments	-1,800	0	0	-2,358	0	-23,057	0	0	0	0	-45,302	0	0	-72,490
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	0	0	0	0	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	0	9,576	0	-5,084	-5,085	10,593	0	0	0	-7,506	5,754	-4,416	-4,416	10,584
share issue	0	0	0	0	0	98	0	0	0	0	0	0	0	2
interest	2,510	181	5	6	3	2	1	20	46	28	14	35	31	8
cash flow from financing	2,510	9,757	5	-5,078	-5,082	10,693	1	20	46	-7,478	5,768	-4,381	-4,385	10,594
cash and cash equivalents
cash	21,406	48,359	-10,581	10,156	0	15	0	-7,294	-2,826	9,817	-4,342	-3,939	5,688	3,306
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	21,406	48,359	-10,581	10,156	0	15	0	-7,294	-2,826	9,817	-4,342	-3,939	5,688	3,306

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for golden mantella jewellers limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in EN8 area or any other competitors across 12 key performance metrics.

GOLDEN MANTELLA JEWELLERS LIMITED group structure

Golden Mantella Jewellers Limited has 1 subsidiary company.

Ultimate parent company

GOLDEN MANTELLA JEWELLERS LIMITED

01624745

1 subsidiary

G MANTELLA GROUP LIMITED

05394334

GOLDEN MANTELLA JEWELLERS LIMITED Shareholders

erdal mehmet	75%
zehra mehmet	15%
siena mehmet	10%

Golden Mantella Jewellers Limited currently has 2 directors. The longest serving directors include Mr Erdal Mehmet (Apr 1991) and Ms Siena Mehmet (Sep 2021).

officer	country	age	start	end	role
Mr Erdal Mehmet		63 years	Apr 1991	-	Director
Ms Siena Mehmet		22 years	Sep 2021	-	Director

P&L

March 2023

turnover

394k

+8%

operating profit

14.9k

gross margin

29.5%

+12.21%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

143.1k

+0.11%

total assets

302.6k

+0.06%

cash

69.8k

+0.44%

net assets

Total assets minus all liabilities

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company number

01624745

Type

Private limited with Share Capital

industry

47770 - Retail sale of watches and jewellery in specialised stores

incorporation date

March 1982

ultimate parent company

None

previous names

N/A

address

167 turners hill, cheshunt, herts, EN8 9BH

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.

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golden mantella jewellers limited Company Information

golden mantella jewellers limited Estimated Valuation

golden mantella jewellers limited Estimated Valuation

golden mantella jewellers limited Estimated Valuation

Golden Mantella Jewellers Limited Overview

Golden Mantella Jewellers Limited Health Check

GOLDEN MANTELLA JEWELLERS LIMITED financials

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golden mantella jewellers limited Ownership

golden mantella jewellers limited directors

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