spellstates limited
spellstates limited Company Information
Company Number
02389999
Next Accounts
Dec 2025
Shareholders
hco subsidiary ltd
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
new burlington house, 1075 finchley road, london, NW11 0PU
Website
-spellstates limited Estimated Valuation
Pomanda estimates the enterprise value of SPELLSTATES LIMITED at £2.5m based on a Turnover of £745.7k and 3.42x industry multiple (adjusted for size and gross margin).
spellstates limited Estimated Valuation
Pomanda estimates the enterprise value of SPELLSTATES LIMITED at £1m based on an EBITDA of £154.7k and a 6.68x industry multiple (adjusted for size and gross margin).
spellstates limited Estimated Valuation
Pomanda estimates the enterprise value of SPELLSTATES LIMITED at £4.8m based on Net Assets of £2.7m and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spellstates Limited Overview
Spellstates Limited is a live company located in london, NW11 0PU with a Companies House number of 02389999. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 1989, it's largest shareholder is hco subsidiary ltd with a 100% stake. Spellstates Limited is a mature, small sized company, Pomanda has estimated its turnover at £745.7k with low growth in recent years.
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Spellstates Limited Health Check
Pomanda's financial health check has awarded Spellstates Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £745.7k, make it in line with the average company (£921.2k)
- Spellstates Limited
£921.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.9%)
- Spellstates Limited
4.9% - Industry AVG
Production
with a gross margin of 75.3%, this company has a comparable cost of product (75.3%)
- Spellstates Limited
75.3% - Industry AVG
Profitability
an operating margin of 20.7% make it less profitable than the average company (29.3%)
- Spellstates Limited
29.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Spellstates Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- Spellstates Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £372.9k, this is more efficient (£177.6k)
- Spellstates Limited
£177.6k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (30 days)
- Spellstates Limited
30 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Spellstates Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spellstates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Spellstates Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.3%, this is a higher level of debt than the average (64.3%)
80.3% - Spellstates Limited
64.3% - Industry AVG
SPELLSTATES LIMITED financials
Spellstates Limited's latest turnover from March 2024 is estimated at £745.7 thousand and the company has net assets of £2.7 million. According to their latest financial statements, Spellstates Limited has 2 employees and maintains cash reserves of £217.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | |||||||||||||||
| 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 | 2 | 2 | 2 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 6,761,406 | 6,761,406 | 6,698,125 | 6,698,125 | 6,698,125 | 3,702,500 | 3,436,256 | 3,302,500 | 3,112,500 | ||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 6,761,406 | 6,761,406 | 6,698,125 | 6,698,125 | 6,698,125 | 3,702,500 | 3,436,256 | 3,302,500 | 3,112,500 | ||||||
| Stock & work in progress | 655,951 | 630,951 | 641,376 | 459,155 | 465,055 | 504,514 | |||||||||
| Trade Debtors | 81,028 | 67,604 | 71,095 | 90,835 | 80,730 | 46,129 | 21,690 | 63,727 | 42,307 | 6,057,599 | 4,966,703 | 2,849,875 | 2,791,436 | 2,562,887 | 2,614,718 |
| Group Debtors | 4,521,575 | 4,521,575 | 4,841,575 | 4,901,575 | 5,370,575 | 3,528,498 | 3,392,498 | 3,002,498 | 2,377,575 | ||||||
| Misc Debtors | 2,301,286 | 2,372,831 | 1,856,444 | 1,824,532 | 1,988,988 | 1,939,069 | 1,897,764 | 2,296,845 | 3,272,431 | ||||||
| Cash | 217,933 | 3,025 | 23,302 | 22,980 | 9,061 | 51,376 | 20,263 | 17,541 | 221,497 | 12,507 | 394,686 | 891 | 9,097 | 208,430 | 33 |
| misc current assets | 688 | ||||||||||||||
| total current assets | 7,121,822 | 6,965,723 | 6,792,416 | 6,839,922 | 7,449,354 | 5,565,072 | 5,332,215 | 5,380,611 | 5,913,810 | 6,726,057 | 5,992,340 | 3,492,142 | 3,259,688 | 3,236,372 | 3,119,265 |
| total assets | 13,883,228 | 13,727,129 | 13,490,541 | 13,538,047 | 14,147,479 | 9,267,572 | 8,768,471 | 8,683,111 | 9,026,310 | 6,726,057 | 5,992,340 | 3,492,142 | 3,259,688 | 3,236,372 | 3,119,265 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 7,257,003 | 6,701,521 | 4,363,188 | 4,170,184 | 4,165,535 | 4,151,815 | |||||||||
| Group/Directors Accounts | 7,171,446 | 7,029,171 | 7,005,013 | 7,362,777 | 7,623,436 | 6,705,892 | 6,832,892 | 6,804,892 | 7,649,969 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 466,942 | 471,300 | 597,494 | 511,661 | 729,706 | 597,898 | 325,763 | 327,363 | 64,927 | ||||||
| total current liabilities | 7,638,388 | 7,500,471 | 7,602,507 | 7,874,438 | 8,353,142 | 7,303,790 | 7,158,655 | 7,132,255 | 7,714,896 | 7,257,003 | 6,701,521 | 4,363,188 | 4,170,184 | 4,165,535 | 4,151,815 |
| loans | 2,700,000 | 2,700,000 | 2,700,000 | 2,700,000 | 2,700,000 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 803,808 | 610,894 | 610,894 | 610,894 | 610,894 | 378,261 | 372,176 | 372,176 | 338,965 | ||||||
| total long term liabilities | 3,503,808 | 3,310,894 | 3,310,894 | 3,310,894 | 3,310,894 | 378,261 | 372,176 | 372,176 | 338,965 | ||||||
| total liabilities | 11,142,196 | 10,811,365 | 10,913,401 | 11,185,332 | 11,664,036 | 7,682,051 | 7,530,831 | 7,504,431 | 8,053,861 | 7,257,003 | 6,701,521 | 4,363,188 | 4,170,184 | 4,165,535 | 4,151,815 |
| net assets | 2,741,032 | 2,915,764 | 2,577,140 | 2,352,715 | 2,483,443 | 1,585,521 | 1,237,640 | 1,178,680 | 972,449 | -530,946 | -709,181 | -871,046 | -910,496 | -929,163 | -1,032,550 |
| total shareholders funds | 2,741,032 | 2,915,764 | 2,577,140 | 2,352,715 | 2,483,443 | 1,585,521 | 1,237,640 | 1,178,680 | 972,449 | -530,946 | -709,181 | -871,046 | -910,496 | -929,163 | -1,032,550 |
| Mar 2024 | 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 | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -655,951 | 25,000 | -10,425 | 182,221 | -5,900 | -39,459 | 504,514 | ||||||||
| Debtors | -58,121 | 192,896 | -47,828 | -623,351 | 1,926,597 | 201,744 | -51,118 | -329,243 | -365,286 | 1,090,896 | 2,116,828 | 58,439 | 228,549 | -51,831 | 2,614,718 |
| Creditors | -7,257,003 | 555,482 | 2,338,333 | 193,004 | 4,649 | 13,720 | 4,151,815 | ||||||||
| Accruals and Deferred Income | -4,358 | -126,194 | 85,833 | -218,045 | 131,808 | 272,135 | -1,600 | 262,436 | 64,927 | ||||||
| Deferred Taxes & Provisions | 192,914 | 232,633 | 6,085 | 33,211 | 338,965 | ||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 63,281 | 2,995,625 | 266,244 | 133,756 | 190,000 | 3,112,500 | |||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 142,275 | 24,158 | -357,764 | -260,659 | 917,544 | -127,000 | 28,000 | -845,077 | 7,649,969 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 2,700,000 | ||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 214,908 | -20,277 | 322 | 13,919 | -42,315 | 31,113 | 2,722 | -203,956 | 208,990 | -382,179 | 393,795 | -8,206 | -199,333 | 208,397 | 33 |
| overdraft | |||||||||||||||
| change in cash | 214,908 | -20,277 | 322 | 13,919 | -42,315 | 31,113 | 2,722 | -203,956 | 208,990 | -382,179 | 393,795 | -8,206 | -199,333 | 208,397 | 33 |
spellstates limited Credit Report and Business Information
Spellstates Limited Competitor Analysis
Perform a competitor analysis for spellstates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NW11 area or any other competitors across 12 key performance metrics.
spellstates limited Ownership
SPELLSTATES LIMITED group structure
Spellstates Limited has no subsidiary companies.
Ultimate parent company
2 parents
SPELLSTATES LIMITED
02389999
spellstates limited directors
Spellstates Limited currently has 2 directors. The longest serving directors include Mrs Zelda Sternlicht (May 1992) and Mr Abraham Klein (May 1994).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Zelda Sternlicht | 60 years | May 1992 | - | Director | |
| Mr Abraham Klein | United Kingdom | 62 years | May 1994 | - | Director |
P&L
March 2024turnover
745.7k
+20%
operating profit
154.7k
0%
gross margin
75.3%
+0.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.7m
-0.06%
total assets
13.9m
+0.01%
cash
217.9k
+71.04%
net assets
Total assets minus all liabilities
spellstates limited company details
company number
02389999
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
May 1989
age
36
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
COHEN ARNOLD
auditor
-
address
new burlington house, 1075 finchley road, london, NW11 0PU
Bank
NATIONWIDE BUILDING SOCIETY
Legal Advisor
-
spellstates 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 14 charges/mortgages relating to spellstates limited. Currently there are 3 open charges and 11 have been satisfied in the past.
spellstates limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for SPELLSTATES LIMITED. This can take several minutes, an email will notify you when this has completed.
spellstates limited Companies House Filings - See Documents
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