Pomanda estimates the enterprise value of SPONDON CARPETS LIMITED at £138.6k based on a Turnover of £460.4k and 0.3x industry multiple (adjusted for size and gross margin).
spondon carpets limitedEstimated Valuation
£225.3k
Pomanda estimates the enterprise value of SPONDON CARPETS LIMITED at £225.3k based on an EBITDA of £72.4k and a 3.11x industry multiple (adjusted for size and gross margin).
spondon carpets limitedEstimated Valuation
£906.9k
Pomanda estimates the enterprise value of SPONDON CARPETS LIMITED at £906.9k based on Net Assets of £475.3k and 1.91x industry multiple (adjusted for liquidity).
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Spondon Carpets LimitedOverview
Spondon Carpets Limited is a live company located in belper, DE56 1SW with a Companies House number of 03634430. It operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores sector, SIC Code 47530. Founded in September 1998, it's largest shareholder is
peter joss read
with a 99.8% stake. Spondon Carpets Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£460.4k with
high
growth in recent years.
Pomanda's financial health check has awarded Spondon Carpets Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
1 Regular
6 Weak
Size
annual sales of £460.4k, make it smaller than the average company (£9.2m)
£460.4k - Spondon Carpets Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (5.1%)
22% - Spondon Carpets Limited
5.1% - Industry AVG
Production
with a gross margin of 34.2%, this company has a higher cost of product (44.7%)
34.2% - Spondon Carpets Limited
44.7% - Industry AVG
Profitability
an operating margin of 13.9% make it more profitable than the average company (4.4%)
13.9% - Spondon Carpets Limited
4.4% - Industry AVG
Employees
with 6 employees, this is below the industry average (43)
6 - Spondon Carpets Limited
43 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
£32.4k - Spondon Carpets Limited
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £76.7k, this is less efficient (£169.9k)
£76.7k - Spondon Carpets Limited
£169.9k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (21 days)
55 days - Spondon Carpets Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 146 days, this is slower than average (46 days)
146 days - Spondon Carpets Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 229 days, this is more than average (90 days)
229 days - Spondon Carpets Limited
90 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 46 weeks, this is more cash available to meet short term requirements (22 weeks)
46 weeks - Spondon Carpets Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.3%, this is a lower level of debt than the average (54.8%)
20.3% - Spondon Carpets Limited
54.8% - Industry AVG
SPONDON CARPETS LIMITED financials
EXPORT
Spondon Carpets Limited's latest turnover from September 2023 is estimated at £460.4 thousand and the company has net assets of £475.3 thousand. According to their latest financial statements, Spondon Carpets Limited has 6 employees and maintains cash reserves of £108.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
460,434
422,554
385,181
250,482
366,330
380,462
394,087
218,664
1,942,068
1,961,008
1,959,081
1,730,916
2,095,530
1,604,220
Other Income Or Grants
Cost Of Sales
302,881
276,395
256,939
162,061
249,823
259,016
277,783
155,899
1,343,346
1,389,414
1,371,375
1,209,963
1,430,242
1,097,157
Gross Profit
157,553
146,158
128,242
88,420
116,507
121,446
116,303
62,765
598,722
571,594
587,706
520,953
665,288
507,063
Admin Expenses
93,628
118,996
-28,230
427,987
18,597
66,708
99,343
5,683
583,347
564,154
582,627
481,062
635,117
476,968
-370,989
Operating Profit
63,925
27,162
156,472
-339,567
97,910
54,738
16,960
57,082
15,375
7,440
5,079
39,891
30,171
30,095
370,989
Interest Payable
2,135
5,528
4,884
2,474
3,555
2,309
Interest Receivable
5,356
3,352
177
151
706
354
173
202
255
71
40
70
46
6
Pre-Tax Profit
69,281
30,515
154,515
-344,944
93,732
52,617
13,579
54,975
15,630
7,511
5,119
39,961
30,218
30,101
370,989
Tax
-17,320
-5,798
-29,358
-17,809
-9,997
-2,580
-10,995
-3,126
-1,577
-1,177
-9,591
-7,857
-8,428
-103,877
Profit After Tax
51,961
24,717
125,157
-344,944
75,923
42,620
10,999
43,980
12,504
5,934
3,942
30,370
22,361
21,673
267,112
Dividends Paid
Retained Profit
51,961
24,717
125,157
-344,944
75,923
42,620
10,999
43,980
12,504
5,934
3,942
30,370
22,361
21,673
267,112
Employee Costs
194,315
164,151
152,622
50,148
165,090
152,224
151,766
49,199
242,727
259,433
253,607
214,297
236,587
209,198
Number Of Employees
6
6
6
2
6
6
6
2
10
11
11
10
12
10
EBITDA*
72,371
37,235
166,544
-326,380
108,709
66,442
22,527
63,812
19,180
11,679
9,486
44,531
36,214
36,317
378,452
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
228,021
188,912
198,985
209,057
203,346
213,847
191,534
197,101
86,961
90,766
93,771
96,979
103,688
106,731
112,953
Intangible Assets
Investments & Other
1
Debtors (Due After 1 year)
Total Fixed Assets
228,021
188,912
198,985
209,057
203,346
213,848
191,534
197,101
86,961
90,766
93,771
96,979
103,688
106,731
112,953
Stock & work in progress
190,050
184,800
175,112
138,844
123,200
143,455
165,755
109,451
134,796
124,242
178,150
169,676
181,000
162,942
205,352
Trade Debtors
70,295
64,237
61,593
364,537
350,409
347,335
308,018
338,740
292,123
169,581
Group Debtors
400,246
339,625
403,681
386,535
Misc Debtors
21,223
5,148
4,545
11,339
819
Cash
108,341
95,703
202,282
152,566
148,473
39,714
54,570
83,921
77,754
24,300
4,083
11,962
15,976
2,479
misc current assets
total current assets
368,686
344,740
438,987
312,633
677,067
527,339
635,345
580,726
577,087
498,951
529,568
489,656
535,716
457,544
374,933
total assets
596,707
533,652
637,972
521,690
880,413
741,187
826,879
777,827
664,048
589,717
623,339
586,635
639,404
564,275
487,886
Bank overdraft
3,299
16,659
6,375
6,375
15,120
Bank loan
Trade Creditors
121,396
110,302
175,938
61,641
42,833
68,611
67,209
57,485
253,649
184,916
276,881
244,119
327,258
274,490
219,774
Group/Directors Accounts
25,102
other short term finances
hp & lease commitments
2,509
13,884
4,243
5,475
other current liabilities
116,573
80,313
80,219
211,819
145,373
total current liabilities
121,396
110,302
175,938
181,513
167,416
169,089
289,646
223,453
253,649
184,916
276,881
244,119
327,258
274,490
219,774
loans
66,701
94,577
27,092
33,467
58,782
hp & lease commitments
2,509
3,889
6,714
Accruals and Deferred Income
other liabilities
63,401
45,501
52,409
provisions
total long term liabilities
63,401
66,701
94,577
29,601
37,356
65,496
45,501
52,409
total liabilities
121,396
110,302
239,339
248,214
261,993
198,690
327,002
288,949
299,150
237,325
276,881
244,119
327,258
274,490
219,774
net assets
475,311
423,350
398,633
273,476
618,420
542,497
499,877
488,878
364,898
352,392
346,458
342,516
312,146
289,785
268,112
total shareholders funds
475,311
423,350
398,633
273,476
618,420
542,497
499,877
488,878
364,898
352,392
346,458
342,516
312,146
289,785
268,112
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
63,925
27,162
156,472
-339,567
97,910
54,738
16,960
57,082
15,375
7,440
5,079
39,891
30,171
30,095
370,989
Depreciation
8,446
10,073
10,072
13,187
10,799
11,704
5,567
6,730
3,805
4,239
4,407
4,640
6,043
6,222
7,463
Amortisation
Tax
-17,320
-5,798
-29,358
-17,809
-9,997
-2,580
-10,995
-3,126
-1,577
-1,177
-9,591
-7,857
-8,428
-103,877
Stock
5,250
9,688
36,268
15,644
-20,255
-22,300
56,304
-25,345
10,554
-53,908
8,474
-11,324
18,058
-42,410
205,352
Debtors
6,058
2,644
40,370
-384,171
61,224
-70,850
27,666
22,817
14,128
3,074
39,317
-30,722
46,617
122,542
169,581
Creditors
11,094
-65,636
114,297
18,808
-25,778
1,402
9,724
-196,164
68,733
-91,965
32,762
-83,139
52,768
54,716
219,774
Accruals and Deferred Income
-116,573
36,260
94
-131,600
66,446
145,373
Deferred Taxes & Provisions
Cash flow from operations
54,837
-46,531
58,272
97,215
24,247
19,397
12,147
4,554
60,105
-31,029
-6,720
-6,153
16,450
2,473
119,416
Investing Activities
capital expenditure
-47,555
-18,898
-298
-34,017
-116,870
-1,234
-1,199
2,069
-3,000
-120,416
Change in Investments
-1
1
cash flow from investments
-47,555
-18,898
-297
-34,018
-116,870
-1,234
-1,199
2,069
-3,000
-120,416
Financing Activities
Bank loans
Group/Directors Accounts
-25,102
25,102
Other Short Term Loans
Long term loans
-66,701
-27,876
67,485
-6,375
-25,315
58,782
Hire Purchase and Lease Commitments
-2,509
-13,884
8,261
-4,057
12,189
other long term liabilities
-63,401
63,401
-45,501
-6,908
52,409
share issue
80,000
2
1,000
interest
5,356
3,352
-1,958
-5,377
-4,178
-2,120
-3,382
-2,107
255
71
40
70
46
6
cash flow from financing
5,356
-60,049
-5,258
-60,864
74,525
-234
-32,754
103,363
-6,651
52,480
40
70
46
6
1,000
cash and cash equivalents
cash
12,638
-106,579
49,716
4,093
108,759
-14,856
-29,351
6,167
53,454
20,217
-7,879
-4,014
13,497
2,479
overdraft
-3,299
-13,360
10,284
-8,745
15,120
change in cash
12,638
-106,579
53,015
17,453
98,475
-14,856
-20,606
-8,953
53,454
20,217
-7,879
-4,014
13,497
2,479
spondon carpets limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for spondon carpets limited. Get real-time insights into spondon carpets limited's credit score, group structure and payment trends.
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spondon carpets limited Ownership
SPONDON CARPETS LIMITED group structure
Spondon Carpets Limited has no subsidiary companies.
unit 6 heritage business centre, derby road, belper, derbyshire, DE56 1SW
Bank
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Legal Advisor
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spondon carpets 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 7 charges/mortgages relating to spondon carpets limited. Currently there are 7 open charges and 0 have been satisfied in the past.
spondon carpets 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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spondon carpets limitedCompanies House Filings - See Documents
