new spitalfields market promotions limited

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new spitalfields market promotions limited Company Information

Share NEW SPITALFIELDS MARKET PROMOTIONS LIMITED
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Company Number

03774358

Registered Address

124-126 church hill, loughton, essex, IG10 1LH

Industry

Activities of professional membership organisations

 

Telephone

02085187670

Next Accounts Due

September 2024

Group Structure

View All

Directors

Peter Thomas18 Years

Paul Walker6 Years

Shareholders

spitalfields market tenants association ltd 100%

new spitalfields market promotions limited Estimated Valuation

£61.2k

Pomanda estimates the enterprise value of NEW SPITALFIELDS MARKET PROMOTIONS LIMITED at £61.2k based on a Turnover of £150.8k and 0.41x industry multiple (adjusted for size and gross margin).

new spitalfields market promotions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NEW SPITALFIELDS MARKET PROMOTIONS LIMITED at £0 based on an EBITDA of £-36 and a 5x industry multiple (adjusted for size and gross margin).

new spitalfields market promotions limited Estimated Valuation

£7.8k

Pomanda estimates the enterprise value of NEW SPITALFIELDS MARKET PROMOTIONS LIMITED at £7.8k based on Net Assets of £2.5k and 3.11x industry multiple (adjusted for liquidity).

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New Spitalfields Market Promotions Limited Overview

New Spitalfields Market Promotions Limited is a live company located in essex, IG10 1LH with a Companies House number of 03774358. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in May 1999, it's largest shareholder is spitalfields market tenants association ltd with a 100% stake. New Spitalfields Market Promotions Limited is a mature, micro sized company, Pomanda has estimated its turnover at £150.8k with declining growth in recent years.

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New Spitalfields Market Promotions Limited Health Check

Pomanda's financial health check has awarded New Spitalfields Market Promotions Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £150.8k, make it smaller than the average company (£751.7k)

£150.8k - New Spitalfields Market Promotions Limited

£751.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (-0.1%)

-27% - New Spitalfields Market Promotions Limited

-0.1% - Industry AVG

production

Production

with a gross margin of 67.4%, this company has a comparable cost of product (67.4%)

67.4% - New Spitalfields Market Promotions Limited

67.4% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (2.5%)

0% - New Spitalfields Market Promotions Limited

2.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (12)

2 - New Spitalfields Market Promotions Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £45k, the company has an equivalent pay structure (£45k)

£45k - New Spitalfields Market Promotions Limited

£45k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £75.4k, this is less efficient (£102.5k)

£75.4k - New Spitalfields Market Promotions Limited

£102.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 25 days, this is later than average (21 days)

25 days - New Spitalfields Market Promotions Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 93 days, this is slower than average (37 days)

93 days - New Spitalfields Market Promotions Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - New Spitalfields Market Promotions Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (109 weeks)

3 weeks - New Spitalfields Market Promotions Limited

109 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.9%, this is a higher level of debt than the average (24.8%)

84.9% - New Spitalfields Market Promotions Limited

24.8% - Industry AVG

new spitalfields market promotions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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New Spitalfields Market Promotions Limited Competitor Analysis

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competitor_analysis_table_img

Perform a competitor analysis for new spitalfields market promotions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

new spitalfields market promotions limited Ownership

NEW SPITALFIELDS MARKET PROMOTIONS LIMITED group structure

New Spitalfields Market Promotions Limited has no subsidiary companies.

Ultimate parent company

1 parent

NEW SPITALFIELDS MARKET PROMOTIONS LIMITED

03774358

NEW SPITALFIELDS MARKET PROMOTIONS LIMITED Shareholders

spitalfields market tenants association ltd 100%

new spitalfields market promotions limited directors

New Spitalfields Market Promotions Limited currently has 2 directors. The longest serving directors include Mr Peter Thomas (Aug 2005) and Mr Paul Walker (May 2018).

officercountryagestartendrole
Mr Peter ThomasEngland70 years Aug 2005- Director
Mr Paul Walker49 years May 2018- Director

NEW SPITALFIELDS MARKET PROMOTIONS LIMITED financials

EXPORTms excel logo

New Spitalfields Market Promotions Limited's latest turnover from December 2022 is estimated at £150.8 thousand and the company has net assets of £2.5 thousand. According to their latest financial statements, we estimate that New Spitalfields Market Promotions Limited has 2 employees and maintains cash reserves of £920 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover150,835413,62594,325384,997246,134325,7970317,950313,701447,503561,235539,104454,0810
Other Income Or Grants00000000000000
Cost Of Sales49,122123,84328,904132,98882,491108,4420108,692131,729201,836209,109210,274181,9770
Gross Profit101,713289,78265,421252,009163,644217,3550209,258181,972245,667352,126328,830272,1040
Admin Expenses101,749289,79565,426252,012163,649217,35916209,289181,979245,677352,132328,836272,1146
Operating Profit-36-13-5-3-5-4-16-31-7-10-6-6-10-6
Interest Payable00000000000000
Interest Receivable361353541631710661083
Pre-Tax Profit00000000000000
Tax00000000000000
Profit After Tax00000000000000
Dividends Paid00000000000000
Retained Profit00000000000000
Employee Costs89,998213,13540,949159,833120,936161,5700116,402117,013159,152228,036186,590186,5330
Number Of Employees25143403346550
EBITDA*-36-13-5-3-5-4-16-31-7-10-6-6243247

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets0000000000001,2691,522
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets0000000000001,2691,522
Stock & work in progress00000000000000
Trade Debtors10,53929,4536,46028,95917,87423,055025,07623,45430,62339,20133,44328,41618,489
Group Debtors00000000000000
Misc Debtors5,14634,73033,10431,44229,81028,24426,9980000000
Cash9201,1519,4055023351,10154712,1634172,2741,8216071,6342,321
misc current assets00000000000000
total current assets16,60565,33448,96960,90348,01952,40027,54537,23923,87132,89741,02234,05030,05020,810
total assets16,60565,33448,96960,90348,01952,40027,54537,23923,87132,89741,02234,05031,31922,332
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 12,60530,71715,22419,03317,87423,055011,55921,37130,39738,52231,55028,81919,832
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities1,50032,11731,24539,37027,64526,84525,04523,180000000
total current liabilities14,10562,83446,46958,40345,51949,90025,04534,73921,37130,39738,52231,55028,81919,832
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities14,10562,83446,46958,40345,51949,90025,04534,73921,37130,39738,52231,55028,81919,832
net assets2,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,500
total shareholders funds2,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,500
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-36-13-5-3-5-4-16-31-7-10-6-6-10-6
Depreciation000000000000253253
Amortisation00000000000000
Tax00000000000000
Stock00000000000000
Debtors-48,49824,619-20,83712,717-3,61524,3011,9221,622-7,169-8,5785,7585,0279,92718,489
Creditors-18,11215,493-3,8091,159-5,18123,055-11,559-9,812-9,026-8,1256,9722,7318,98719,832
Accruals and Deferred Income-30,617872-8,12511,7258001,8001,86523,180000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-267-8,2678,898164-771550-11,63211,715-1,8644431,208-2,302-6971,590
Investing Activities
capital expenditure000000000001,2690-1,775
Change in Investments00000000000000
cash flow from investments000000000001,2690-1,775
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000000002,500
interest361353541631710661083
cash flow from financing36135354163171066102,583
cash and cash equivalents
cash-231-8,2548,903167-766554-11,61611,746-1,8574531,214-1,027-6872,321
overdraft00000000000000
change in cash-231-8,2548,903167-766554-11,61611,746-1,8574531,214-1,027-6872,321

P&L

December 2022

turnover

150.8k

-64%

operating profit

-36.2

0%

gross margin

67.5%

-3.75%

turnover

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

Balance Sheet

December 2022

net assets

2.5k

0%

total assets

16.6k

-0.75%

cash

920

-0.2%

net assets

Total assets minus all liabilities

new spitalfields market promotions limited company details

company number

03774358

Type

Private limited with Share Capital

industry

94120 - Activities of professional membership organisations

incorporation date

May 1999

age

25

accounts

Total Exemption Full

previous names

N/A

incorporated

UK

address

124-126 church hill, loughton, essex, IG10 1LH

last accounts submitted

December 2022

new spitalfields market promotions 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 did not find charges/mortgages relating to new spitalfields market promotions limited.

charges

new spitalfields market promotions limited Companies House Filings - See Documents

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