teen spirit limited
teen spirit limited Company Information
Company Number
03048036
Next Accounts
Oct 2025
Shareholders
mr walter sheeran
mrs sally jane sheeran
Group Structure
View All
Industry
Other amusement and recreation activities
Registered Address
the tower cinema, 111 lumley road, skegness, lincs, PE25 3LZ
Website
teen-spiritltd.co.ukteen spirit limited Estimated Valuation
Pomanda estimates the enterprise value of TEEN SPIRIT LIMITED at £5.5m based on a Turnover of £6.3m and 0.87x industry multiple (adjusted for size and gross margin).
teen spirit limited Estimated Valuation
Pomanda estimates the enterprise value of TEEN SPIRIT LIMITED at £7.4m based on an EBITDA of £1.7m and a 4.39x industry multiple (adjusted for size and gross margin).
teen spirit limited Estimated Valuation
Pomanda estimates the enterprise value of TEEN SPIRIT LIMITED at £10.8m based on Net Assets of £5.9m and 1.84x industry multiple (adjusted for liquidity).
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Teen Spirit Limited Overview
Teen Spirit Limited is a live company located in skegness, PE25 3LZ with a Companies House number of 03048036. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in April 1995, it's largest shareholder is mr walter sheeran with a 50% stake. Teen Spirit Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.3m with rapid growth in recent years.
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Teen Spirit Limited Health Check
Pomanda's financial health check has awarded Teen Spirit Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £6.3m, make it larger than the average company (£382.2k)
£6.3m - Teen Spirit Limited
£382.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (13.6%)
33% - Teen Spirit Limited
13.6% - Industry AVG
Production
with a gross margin of 58.6%, this company has a comparable cost of product (64.2%)
58.6% - Teen Spirit Limited
64.2% - Industry AVG
Profitability
an operating margin of 16.2% make it more profitable than the average company (8.2%)
16.2% - Teen Spirit Limited
8.2% - Industry AVG
Employees
with 95 employees, this is above the industry average (10)
95 - Teen Spirit Limited
10 - Industry AVG
Pay Structure
on an average salary of £19.9k, the company has an equivalent pay structure (£18.7k)
£19.9k - Teen Spirit Limited
£18.7k - Industry AVG
Efficiency
resulting in sales per employee of £66.1k, this is more efficient (£54.7k)
£66.1k - Teen Spirit Limited
£54.7k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (9 days)
1 days - Teen Spirit Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (45 days)
28 days - Teen Spirit Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 27 days, this is more than average (22 days)
27 days - Teen Spirit Limited
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (81 weeks)
12 weeks - Teen Spirit Limited
81 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.4%, this is a higher level of debt than the average (34.6%)
53.4% - Teen Spirit Limited
34.6% - Industry AVG
TEEN SPIRIT LIMITED financials
Teen Spirit Limited's latest turnover from January 2024 is £6.3 million and the company has net assets of £5.9 million. According to their latest financial statements, Teen Spirit Limited has 95 employees and maintains cash reserves of £404 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,276,237 | 6,237,069 | 5,920,016 | 2,655,715 | 4,934,283 | 4,886,826 | 4,614,100 | 4,377,339 | 4,149,751 | 3,169,863 | 2,761,591 | 2,746,297 | 2,720,633 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 2,601,084 | 2,539,578 | 2,266,323 | 1,234,569 | 2,216,954 | 2,145,649 | 2,021,832 | 1,830,612 | 2,731,767 | 1,354,252 | 1,198,609 | ||||
| Gross Profit | 3,675,153 | 3,697,491 | 3,653,693 | 1,421,146 | 2,717,329 | 2,741,177 | 2,592,268 | 2,546,727 | 1,417,984 | 1,815,611 | 1,522,024 | ||||
| Admin Expenses | 2,659,986 | 2,219,064 | 1,504,841 | 565,276 | 1,934,265 | 1,923,857 | 1,572,618 | 1,554,273 | 1,614,186 | 1,351,612 | 1,176,719 | ||||
| Operating Profit | 1,015,167 | 1,478,427 | 2,148,852 | 855,870 | 783,064 | 817,320 | 1,019,650 | 992,454 | -196,202 | 463,999 | 342,183 | 237,754 | 345,305 | ||
| Interest Payable | 344,378 | 257,700 | 272,270 | 158,340 | 209,946 | 159,972 | 155,164 | 134,882 | 180,327 | 57,111 | 57,985 | 55,530 | 147,915 | ||
| Interest Receivable | 6 | 3,224 | 12 | 6 | 1,048 | 6,362 | 18,003 | ||||||||
| Pre-Tax Profit | 739,032 | 1,220,733 | 2,024,272 | 697,542 | 573,118 | 657,348 | 715,508 | 893,673 | -371,589 | 463,683 | 285,246 | 253,586 | 215,393 | ||
| Tax | -200,777 | -228,773 | -359,270 | -44,628 | -103,452 | -312,331 | 149,447 | -275,223 | 173,052 | -110,881 | -67,585 | -53,047 | -46,485 | ||
| Profit After Tax | 538,255 | 991,960 | 1,665,002 | 652,914 | 469,666 | 345,017 | 864,955 | 618,450 | -198,537 | 352,802 | 217,661 | 200,539 | 168,908 | ||
| Dividends Paid | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 359,334 | 334,787 | 287,001 | 241,028 | 167,614 | 133,248 | 195,144 | 100,213 | ||
| Retained Profit | 438,255 | 891,960 | 1,565,002 | 552,914 | 369,666 | -14,317 | 530,168 | 365,864 | -415,786 | 185,188 | 84,413 | 5,395 | 68,695 | ||
| Employee Costs | 1,894,308 | 1,831,925 | 1,653,574 | 1,131,992 | 1,404,614 | 1,328,052 | 839,725 | 735,944 | 735,944 | 735,944 | 618,923 | 646,343 | |||
| Number Of Employees | 95 | 95 | 90 | 73 | 93 | 103 | 57 | 51 | 51 | 51 | 47 | 55 | |||
| EBITDA* | 1,695,506 | 2,073,784 | 2,694,467 | 1,266,477 | 1,200,973 | 1,486,168 | 1,415,905 | 1,357,758 | 198,118 | 859,000 | 722,488 | 624,526 | 657,037 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,982,592 | 8,147,153 | 7,980,217 | 7,273,249 | 7,178,712 | 7,298,291 | 6,664,551 | 6,529,572 | 2,158,400 | 2,421,416 | 2,610,355 | 2,734,328 | 2,646,244 | 2,189,608 | 2,344,075 |
| Intangible Assets | 8,798 | 20,198 | 31,598 | 42,998 | 54,398 | 30,800 | 35,200 | 39,600 | 52,222 | ||||||
| Investments & Other | 1,005,675 | 718,657 | 558,657 | 427,403 | 427,403 | 427,403 | 421,706 | 567,428 | 497,631 | 502,278 | 195,500 | 195,500 | 195,500 | 195,500 | 165,219 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 9,988,267 | 8,865,810 | 8,538,874 | 7,700,652 | 7,606,115 | 7,734,492 | 7,106,455 | 7,128,598 | 2,699,029 | 2,978,092 | 2,836,655 | 2,965,028 | 2,881,344 | 2,385,108 | 2,561,516 |
| Stock & work in progress | 197,262 | 242,062 | 239,888 | 152,526 | 181,877 | 198,061 | 204,098 | 167,772 | 3,152,241 | 159,250 | 173,888 | 164,483 | 99,217 | 57,517 | 59,206 |
| Trade Debtors | 17,471 | 6,219 | 19,082 | 7,524 | 5,148 | 3,976 | 2,751 | 3,219 | 1,326 | 5,462 | 10,563 | 6,825 | 4,744 | 150,339 | 330,468 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,974,067 | 1,836,595 | 783,402 | 897,611 | 569,199 | 332,501 | 441,994 | 316,056 | 508,283 | 1,880,500 | 166,553 | 120,309 | 281,983 | 103,495 | 85,183 |
| Cash | 404,005 | 1,073,852 | 707,627 | 1,407,101 | 284,411 | 263,659 | 388,253 | 247,608 | 466,983 | 354,961 | 262,851 | 196,511 | 251,250 | 630,010 | 170,377 |
| misc current assets | |||||||||||||||
| total current assets | 2,592,805 | 3,158,728 | 1,749,999 | 2,464,762 | 1,040,635 | 798,197 | 1,037,096 | 734,655 | 4,128,833 | 2,400,173 | 613,855 | 488,128 | 637,194 | 941,361 | 645,234 |
| total assets | 12,581,072 | 12,024,538 | 10,288,873 | 10,165,414 | 8,646,750 | 8,532,689 | 8,143,551 | 7,863,253 | 6,827,862 | 5,378,265 | 3,450,510 | 3,453,156 | 3,518,538 | 3,326,469 | 3,206,750 |
| Bank overdraft | 107,981 | 453,683 | 3 | 3 | 3 | 1 | 32,640 | ||||||||
| Bank loan | 721,322 | 587,813 | 624,311 | 648,420 | 674,054 | 269,407 | 269,407 | 564,784 | 4,961 | 69,870 | 63,041 | 66,659 | |||
| Trade Creditors | 204,850 | 184,630 | 204,982 | 391,000 | 172,068 | 247,066 | 180,144 | 185,201 | 262,174 | 450,353 | 154,085 | 164,432 | 287,048 | 702,992 | 892,349 |
| Group/Directors Accounts | 100 | 100 | 100 | 100 | 100 | 100 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 93,287 | 46,176 | 18,183 | 37,225 | 68,943 | 149,764 | 162,358 | 128,247 | 33,861 | 130,175 | 98,546 | 98,546 | |||
| other current liabilities | 723,105 | 595,796 | 627,013 | 554,860 | 721,599 | 811,984 | 679,739 | 727,663 | 749,236 | 293,232 | 247,826 | 108,142 | 123,457 | ||
| total current liabilities | 1,742,664 | 1,414,515 | 1,474,589 | 1,631,605 | 1,744,745 | 1,662,597 | 1,291,648 | 1,310,521 | 1,610,058 | 878,724 | 570,328 | 466,801 | 477,164 | 702,992 | 892,349 |
| loans | 4,101,108 | 4,485,358 | 3,661,243 | 5,035,723 | 3,976,507 | 4,297,269 | 4,195,002 | 4,475,047 | 3,538,824 | 2,494,175 | 1,034,057 | 1,106,544 | 1,143,341 | ||
| hp & lease commitments | 118,107 | 53,086 | 27,386 | 43,544 | 45,769 | 129,932 | 30,544 | 47,043 | 5,023 | 104,801 | 203,348 | ||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 363,302 | 387,522 | 411,742 | 435,962 | 460,182 | 484,402 | 470,000 | 470,000 | 470,000 | 350,418 | 418,688 | 447,798 | 660,894 | 1,447,084 | 1,100,578 |
| provisions | 395,442 | 261,863 | 211,065 | 69,506 | 9,454 | 49,340 | 72,202 | 41,451 | 31,893 | 45,762 | 53,711 | 55,074 | |||
| total long term liabilities | 4,977,959 | 5,187,829 | 4,284,050 | 5,568,577 | 4,489,687 | 4,827,440 | 4,794,934 | 5,024,931 | 4,055,867 | 2,921,818 | 1,598,997 | 1,789,583 | 1,849,997 | 1,500,795 | 1,155,652 |
| total liabilities | 6,720,623 | 6,602,344 | 5,758,639 | 7,200,182 | 6,234,432 | 6,490,037 | 6,086,582 | 6,335,452 | 5,665,925 | 3,800,542 | 2,169,325 | 2,256,384 | 2,327,161 | 2,203,787 | 2,048,001 |
| net assets | 5,860,449 | 5,422,194 | 4,530,234 | 2,965,232 | 2,412,318 | 2,042,652 | 2,056,969 | 1,527,801 | 1,161,937 | 1,577,723 | 1,281,185 | 1,196,772 | 1,191,377 | 1,122,682 | 1,158,749 |
| total shareholders funds | 5,860,449 | 5,422,194 | 4,530,234 | 2,965,232 | 2,412,318 | 2,042,652 | 2,056,969 | 1,527,801 | 1,161,937 | 1,577,723 | 1,281,185 | 1,196,772 | 1,191,377 | 1,122,682 | 1,158,749 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,015,167 | 1,478,427 | 2,148,852 | 855,870 | 783,064 | 817,320 | 1,019,650 | 992,454 | -196,202 | 463,999 | 342,183 | 237,754 | 345,305 | ||
| Depreciation | 680,339 | 595,357 | 545,615 | 410,607 | 409,111 | 566,458 | 384,855 | 353,904 | 382,920 | 383,601 | 375,905 | 382,372 | 307,332 | 260,897 | 324,383 |
| Amortisation | 8,798 | 102,390 | 11,400 | 11,400 | 11,400 | 11,400 | 4,400 | 4,400 | 4,400 | 22,222 | 7,689 | ||||
| Tax | -200,777 | -228,773 | -359,270 | -44,628 | -103,452 | -312,331 | 149,447 | -275,223 | 173,052 | -110,881 | -67,585 | -53,047 | -46,485 | ||
| Stock | -44,800 | 2,174 | 87,362 | -29,351 | -16,184 | -6,037 | 36,326 | -2,984,469 | 2,992,991 | -14,638 | 9,405 | 65,266 | 41,700 | -1,689 | 59,206 |
| Debtors | 148,724 | 1,040,330 | -102,651 | 330,788 | 237,870 | -108,268 | 125,470 | -190,334 | -1,376,353 | 1,708,846 | 49,982 | -159,593 | 32,893 | -161,817 | 415,651 |
| Creditors | 20,220 | -20,352 | -186,018 | 218,932 | -74,998 | 66,922 | -5,057 | -76,973 | -188,179 | 296,268 | -10,347 | -122,616 | -415,944 | -189,357 | 892,349 |
| Accruals and Deferred Income | 127,309 | -31,217 | 72,153 | -166,739 | -90,385 | 132,245 | -47,924 | -21,573 | 456,004 | 45,406 | 139,684 | -15,315 | 123,457 | ||
| Deferred Taxes & Provisions | 133,579 | 50,798 | 141,559 | 60,052 | 9,454 | -49,340 | 49,340 | -72,202 | 30,751 | 9,558 | -13,869 | -7,949 | -1,363 | 55,074 | |
| Cash flow from operations | 1,671,913 | 801,736 | 2,378,180 | 1,032,657 | 719,906 | 1,487,309 | 1,301,235 | 4,208,132 | -1,049,845 | -573,664 | 734,411 | 514,006 | 235,523 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | -1,166,028 | -290,415 | -4,740,712 | -615,296 | -256,802 | -467,634 | -805,917 | ||||||||
| Change in Investments | 287,018 | 160,000 | 131,254 | 5,697 | -145,722 | 69,797 | -4,647 | 306,778 | 30,281 | 165,219 | |||||
| cash flow from investments | -287,018 | -160,000 | -131,254 | -1,171,725 | -144,693 | -4,810,509 | 4,647 | -922,074 | -256,802 | -467,634 | -805,917 | ||||
| Financing Activities | |||||||||||||||
| Bank loans | 133,509 | -36,498 | -24,109 | -25,634 | 674,054 | -269,407 | -295,377 | 559,823 | -64,909 | 6,829 | -3,618 | 66,659 | |||
| Group/Directors Accounts | 100 | ||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -384,250 | 824,115 | -1,374,480 | 1,059,216 | -320,762 | 102,267 | -280,045 | 936,223 | 1,044,649 | 1,460,118 | -72,487 | -36,797 | 1,143,341 | ||
| Hire Purchase and Lease Commitments | 112,132 | 81,079 | -46,428 | -47,876 | -83,046 | -96,757 | 133,499 | 77,887 | -54,294 | -68,149 | -98,547 | 301,894 | |||
| other long term liabilities | -24,220 | -24,220 | -24,220 | -24,220 | -24,220 | 14,402 | 119,582 | -68,270 | -29,110 | -213,096 | -786,190 | 346,506 | 1,100,578 | ||
| share issue | |||||||||||||||
| interest | -344,378 | -257,694 | -269,046 | -158,328 | -209,946 | -159,972 | -155,164 | -134,882 | -180,327 | -57,105 | -56,937 | -49,168 | -129,912 | ||
| cash flow from financing | -507,207 | 586,782 | -1,738,283 | 803,158 | 36,080 | -409,367 | -302,710 | 583,851 | 1,489,433 | 1,313,035 | -250,252 | -785 | 293,898 | ||
| cash and cash equivalents | |||||||||||||||
| cash | -669,847 | 366,225 | -699,474 | 1,122,690 | 20,752 | -124,594 | 140,645 | -219,375 | 112,022 | 92,110 | 66,340 | -54,739 | -378,760 | 459,633 | 170,377 |
| overdraft | -107,981 | -345,702 | 453,683 | -3 | 2 | -32,639 | 32,640 | ||||||||
| change in cash | -669,847 | 366,225 | -699,474 | 1,230,671 | 366,454 | -578,277 | 140,648 | -219,375 | 112,022 | 92,108 | 98,979 | -87,379 | -378,760 | 459,633 | 170,377 |
teen spirit limited Credit Report and Business Information
Teen Spirit Limited Competitor Analysis
Perform a competitor analysis for teen spirit limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in PE25 area or any other competitors across 12 key performance metrics.
teen spirit limited Ownership
TEEN SPIRIT LIMITED group structure
Teen Spirit Limited has 2 subsidiary companies.
Ultimate parent company
TEEN SPIRIT LIMITED
03048036
2 subsidiaries
teen spirit limited directors
Teen Spirit Limited currently has 3 directors. The longest serving directors include Mr Walter Sheeran (Apr 1995) and Mrs Sally Sheeran (Apr 1995).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Walter Sheeran | England | 62 years | Apr 1995 | - | Director |
| Mrs Sally Sheeran | England | 61 years | Apr 1995 | - | Director |
| Mr Scott Sinclair | England | 49 years | Oct 2024 | - | Director |
P&L
January 2024turnover
6.3m
+1%
operating profit
1m
-31%
gross margin
58.6%
-1.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
5.9m
+0.08%
total assets
12.6m
+0.05%
cash
404k
-0.62%
net assets
Total assets minus all liabilities
teen spirit limited company details
company number
03048036
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
April 1995
age
30
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
DUNCAN & TOPLIS AUDIT LTD
address
the tower cinema, 111 lumley road, skegness, lincs, PE25 3LZ
Bank
HSBC BANK PLC
Legal Advisor
-
teen spirit 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 22 charges/mortgages relating to teen spirit limited. Currently there are 5 open charges and 17 have been satisfied in the past.
teen spirit 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.
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teen spirit limited Companies House Filings - See Documents
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