spencerhurst limited
spencerhurst limited Company Information
Company Number
01784402
Website
http://twobrothers.co.ukRegistered Address
297/303 regents park road, finchley, london, N3 1DP
Industry
Licensed restaurants
Telephone
02083460469
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
malginder singh atwal 75%
narinder singh atwal 25%
spencerhurst limited Estimated Valuation
Pomanda estimates the enterprise value of SPENCERHURST LIMITED at £200.2k based on a Turnover of £394.5k and 0.51x industry multiple (adjusted for size and gross margin).
spencerhurst limited Estimated Valuation
Pomanda estimates the enterprise value of SPENCERHURST LIMITED at £59.8k based on an EBITDA of £15.5k and a 3.86x industry multiple (adjusted for size and gross margin).
spencerhurst limited Estimated Valuation
Pomanda estimates the enterprise value of SPENCERHURST LIMITED at £0 based on Net Assets of £-99.4k and 3.04x industry multiple (adjusted for liquidity).
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Spencerhurst Limited Overview
Spencerhurst Limited is a live company located in london, N3 1DP with a Companies House number of 01784402. It operates in the licenced restaurants sector, SIC Code 56101. Founded in January 1984, it's largest shareholder is malginder singh atwal with a 75% stake. Spencerhurst Limited is a mature, micro sized company, Pomanda has estimated its turnover at £394.5k with healthy growth in recent years.
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Spencerhurst Limited Health Check
Pomanda's financial health check has awarded Spencerhurst Limited a 3 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £394.5k, make it smaller than the average company (£2.1m)
- Spencerhurst Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.9%)
- Spencerhurst Limited
4.9% - Industry AVG
Production
with a gross margin of 34.5%, this company has a higher cost of product (57%)
- Spencerhurst Limited
57% - Industry AVG
Profitability
an operating margin of 3.9% make it more profitable than the average company (3%)
- Spencerhurst Limited
3% - Industry AVG
Employees
with 9 employees, this is below the industry average (43)
9 - Spencerhurst Limited
43 - Industry AVG
Pay Structure
on an average salary of £19.1k, the company has an equivalent pay structure (£19.1k)
- Spencerhurst Limited
£19.1k - Industry AVG
Efficiency
resulting in sales per employee of £43.8k, this is equally as efficient (£50.9k)
- Spencerhurst Limited
£50.9k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is later than average (6 days)
- Spencerhurst Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 210 days, this is slower than average (49 days)
- Spencerhurst Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spencerhurst Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spencerhurst Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 227.9%, this is a higher level of debt than the average (86%)
227.9% - Spencerhurst Limited
86% - Industry AVG
SPENCERHURST LIMITED financials
Spencerhurst Limited's latest turnover from April 2023 is estimated at £394.5 thousand and the company has net assets of -£99.4 thousand. According to their latest financial statements, Spencerhurst Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 9 | 10 | 10 | 10 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 45,622 | 47,063 | 51,022 | 56,428 | 71,534 | 80,917 | 92,646 | 106,032 | 84,915 | 31,725 | 19,356 | 18,127 | 17,984 | 13,990 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34,000 | 34,000 | 34,000 | 34,000 | 34,000 | 34,000 |
| 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 | 45,622 | 47,063 | 51,022 | 56,428 | 71,534 | 80,917 | 92,646 | 106,032 | 118,915 | 65,725 | 53,356 | 52,127 | 51,984 | 47,990 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,261 | 19,284 | 16,424 | 15,451 | 11,658 | 7,501 |
| Trade Debtors | 32,061 | 33,187 | 36,124 | 16,124 | 17,755 | 25,126 | 26,336 | 21,428 | 0 | 0 | 1,485 | 485 | 8,012 | 7,909 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,154 | 46,788 | 7,497 | 16,370 | 103 | 13,830 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 32,061 | 33,187 | 36,124 | 16,124 | 17,755 | 25,126 | 26,336 | 21,428 | 22,415 | 66,072 | 25,406 | 32,306 | 19,773 | 29,240 |
| total assets | 77,683 | 80,250 | 87,146 | 72,552 | 89,289 | 106,043 | 118,982 | 127,460 | 141,330 | 131,797 | 78,762 | 84,433 | 71,757 | 77,230 |
| 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 | 149,036 | 150,627 | 160,234 | 140,261 | 152,689 | 131,137 | 110,421 | 102,403 | 114,358 | 68,226 | 77,184 | 78,269 | 70,419 | 76,836 |
| 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 | 149,036 | 150,627 | 160,234 | 140,261 | 152,689 | 131,137 | 110,421 | 102,403 | 114,358 | 68,226 | 77,184 | 78,269 | 70,419 | 76,836 |
| 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 | 23,042 | 17,186 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 28,026 | 40,632 | 50,975 | 66,123 | 76,121 | 91,027 | 96,378 | 49,368 | 60,722 | 62,805 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 28,026 | 40,632 | 50,975 | 66,123 | 76,121 | 91,027 | 119,420 | 66,554 | 60,722 | 62,805 | 0 | 0 | 0 | 0 |
| total liabilities | 177,062 | 191,259 | 211,209 | 206,384 | 228,810 | 222,164 | 229,841 | 168,957 | 175,080 | 131,031 | 77,184 | 78,269 | 70,419 | 76,836 |
| net assets | -99,379 | -111,009 | -124,063 | -133,832 | -139,521 | -116,121 | -110,859 | -41,497 | -33,750 | 766 | 1,578 | 6,164 | 1,338 | 394 |
| total shareholders funds | -99,379 | -111,009 | -124,063 | -133,832 | -139,521 | -116,121 | -110,859 | -41,497 | -33,750 | 766 | 1,578 | 6,164 | 1,338 | 394 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 21,229 | 7,931 | 6,452 | 6,042 | 5,995 | 3,498 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,261 | 977 | 2,860 | 973 | 3,793 | 4,157 | 7,501 |
| Debtors | -1,126 | -2,937 | 20,000 | -1,631 | -7,371 | -1,210 | 4,908 | 21,428 | 0 | -1,485 | 1,000 | -7,527 | 103 | 7,909 |
| Creditors | -1,591 | -9,607 | 19,973 | -12,428 | 21,552 | 20,716 | 8,018 | -11,955 | 46,132 | -8,958 | -1,085 | 7,850 | -6,417 | 76,836 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -23,042 | 5,856 | 17,186 | 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 | ||||||||||||||
| 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 | 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 | -12,606 | -10,343 | -15,148 | -9,998 | -14,906 | -5,351 | 47,010 | -11,354 | -2,083 | 62,805 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,154 | -44,634 | 39,291 | -8,873 | 16,267 | -13,727 | 13,830 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,154 | -44,634 | 39,291 | -8,873 | 16,267 | -13,727 | 13,830 |
spencerhurst limited Credit Report and Business Information
Spencerhurst Limited Competitor Analysis
Perform a competitor analysis for spencerhurst limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.
spencerhurst limited Ownership
SPENCERHURST LIMITED group structure
Spencerhurst Limited has no subsidiary companies.
Ultimate parent company
SPENCERHURST LIMITED
01784402
spencerhurst limited directors
Spencerhurst Limited currently has 2 directors. The longest serving directors include Mr Narinder Atwal (Jan 2008) and Mr Malginder Atwal (Jan 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Narinder Atwal | England | 49 years | Jan 2008 | - | Director |
| Mr Malginder Atwal | 49 years | Jan 2008 | - | Director |
P&L
April 2023turnover
394.5k
+35%
operating profit
15.5k
0%
gross margin
34.6%
+2.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-99.4k
-0.1%
total assets
77.7k
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
spencerhurst limited company details
company number
01784402
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
January 1984
age
40
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
297/303 regents park road, finchley, london, N3 1DP
Bank
-
Legal Advisor
-
spencerhurst 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 spencerhurst limited. Currently there are 0 open charges and 4 have been satisfied in the past.
spencerhurst limited Companies House Filings - See Documents
| date | description | view/download |
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