spaggetti ltd

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spaggetti ltd Company Information

Share SPAGGETTI LTD

Company Number

04917261

Directors

Jonathan Holttum

Ke Han

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Shareholders

jon holttum

wcs nominees ltd

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Group Structure

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Industry

Other retail sale not in stores, stalls or markets

 +1

Registered Address

7400 daresbury park, daresbury, warrington, cheshire, WA4 4BS

spaggetti ltd Estimated Valuation

£381.4k

Pomanda estimates the enterprise value of SPAGGETTI LTD at £381.4k based on a Turnover of £747.2k and 0.51x industry multiple (adjusted for size and gross margin).

spaggetti ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SPAGGETTI LTD at £0 based on an EBITDA of £-299k and a 4.24x industry multiple (adjusted for size and gross margin).

spaggetti ltd Estimated Valuation

£665.8k

Pomanda estimates the enterprise value of SPAGGETTI LTD at £665.8k based on Net Assets of £304.4k and 2.19x industry multiple (adjusted for liquidity).

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Spaggetti Ltd Overview

Spaggetti Ltd is a live company located in warrington, WA4 4BS with a Companies House number of 04917261. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in October 2003, it's largest shareholder is jon holttum with a 42.9% stake. Spaggetti Ltd is a mature, small sized company, Pomanda has estimated its turnover at £747.2k with unknown growth in recent years.

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Spaggetti Ltd Health Check

Pomanda's financial health check has awarded Spaggetti Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £747.2k, make it smaller than the average company (£1.1m)

£747.2k - Spaggetti Ltd

£1.1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Spaggetti Ltd

- - Industry AVG

production

Production

with a gross margin of 38.7%, this company has a comparable cost of product (38.7%)

38.7% - Spaggetti Ltd

38.7% - Industry AVG

profitability

Profitability

an operating margin of -40.2% make it less profitable than the average company (7.2%)

-40.2% - Spaggetti Ltd

7.2% - Industry AVG

employees

Employees

with 15 employees, this is above the industry average (11)

15 - Spaggetti Ltd

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.2k, the company has an equivalent pay structure (£43.2k)

£43.2k - Spaggetti Ltd

£43.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £49.8k, this is less efficient (£168.6k)

£49.8k - Spaggetti Ltd

£168.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (52 days)

11 days - Spaggetti Ltd

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 28 days, this is quicker than average (34 days)

28 days - Spaggetti Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Spaggetti Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 26 weeks, this is average cash available to meet short term requirements (24 weeks)

26 weeks - Spaggetti Ltd

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 83.2%, this is a higher level of debt than the average (59.1%)

83.2% - Spaggetti Ltd

59.1% - Industry AVG

SPAGGETTI LTD financials

EXPORTms excel logo

Spaggetti Ltd's latest turnover from January 2022 is estimated at £747.2 thousand and the company has net assets of £304.4 thousand. According to their latest financial statements, Spaggetti Ltd has 15 employees and maintains cash reserves of £74.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2022Jan 2021Jan 2020Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover747,169793,460714,859816,900418,202156,804284,34258,56196,63713,80828,85712,376
Other Income Or Grants
Cost Of Sales457,923460,898406,432451,743220,78682,094151,72430,55650,3037,03914,8046,327
Gross Profit289,246332,562308,427365,158197,41674,710132,61828,00546,3346,76914,0536,049
Admin Expenses589,286527,389352,858509493,035271,453124,843-29,865-48,5527,20712,4467,207-7,632
Operating Profit-300,040-194,827-44,431364,649-295,619-196,7437,77557,87094,886-4381,607-1,1587,632
Interest Payable7,72213,72513,50014,8201,222
Interest Receivable4293431,56650246952356657727464619162
Pre-Tax Profit-307,333-208,209-56,365350,331-296,372-196,2208,34158,44795,160-3741,668-1,0677,694
Tax-66,563-1,668-12,274-21,887-434-2,154
Profit After Tax-307,333-208,209-56,365283,768-296,372-196,2206,67346,17373,273-3741,234-1,0675,540
Dividends Paid
Retained Profit-307,333-208,209-56,365283,768-296,372-196,2206,67346,17373,273-3741,234-1,0675,540
Employee Costs648,262625,909480,906524,317316,36944,33391,15844,25943,01842,43941,78640,000
Number Of Employees1516121281211111
EBITDA*-299,040-193,657-43,810365,091-295,219-196,0188,25058,12094,886-4381,607-1,1587,632

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2022Jan 2021Jan 2020Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets2,5123,5122,1311,3271,2014501,175750
Intangible Assets1,622,6041,307,305892,740526,789
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,625,1161,310,817894,871528,1161,2014501,175750
Stock & work in progress
Trade Debtors23,24491,38558,797129,77141,08027,93659,0385,8369,1051011157
Group Debtors
Misc Debtors18,85712,43523,696885
Cash74,587268,571417,51184,52449,381325,87392,482134,00496,78612,74312,78411,45324,864
misc current assets70,382
total current assets187,070372,391500,004214,29591,346353,809151,520139,840105,89112,75312,78411,46425,021
total assets1,812,1861,683,2081,394,875742,41192,547354,259152,695140,590105,89112,75312,78411,46425,021
Bank overdraft34,4003,33439,111
Bank loan
Trade Creditors 35,72113,59656,5198,98410,72615,1777,88615,51126,9857,4187,0756,98919,479
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities74,922107,836118,3716,949
total current liabilities145,043124,766174,89015,93349,83715,1777,88615,51126,9857,4187,0756,98919,479
loans162,70046,666400,000400,000
hp & lease commitments
Accruals and Deferred Income13,057
other liabilities1,200,000900,000
provisions
total long term liabilities1,362,700946,666400,000400,00013,057
total liabilities1,507,7431,071,432574,890415,93349,83715,17720,94315,51126,9857,4187,0756,98919,479
net assets304,443611,776819,985326,47842,710339,082131,752125,07978,9065,3355,7094,4755,542
total shareholders funds304,443611,776819,985326,47842,710339,082131,752125,07978,9065,3355,7094,4755,542
Jan 2022Jan 2021Jan 2020Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-300,040-194,827-44,431364,649-295,619-196,7437,77557,87094,886-4381,607-1,1587,632
Depreciation1,0001,170621442400725475250
Amortisation
Tax-66,563-1,668-12,274-21,887-434-2,154
Stock
Debtors-61,71921,32782,49387,80614,029-31,10253,202-3,2699,09510-11-146157
Creditors22,125-42,92356,519-1,742-4,4517,291-7,625-11,47419,56734386-12,49019,479
Accruals and Deferred Income-32,914-10,535118,3716,949-13,05713,057
Deferred Taxes & Provisions
Cash flow from operations-248,110-268,44248,587215,929-313,699-170,682-41,18837,64183,471-1051,270-13,50224,800
Investing Activities
capital expenditure-315,299-417,116-895,492-527,357-1,151-900-1,000
Change in Investments
cash flow from investments-315,299-417,116-895,492-527,357-1,151-900-1,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans116,034-353,334400,000400,000
Hire Purchase and Lease Commitments
other long term liabilities300,000900,000
share issue876,350403,5502982
interest-7,293-13,382-11,934-14,318-75352356657727464619162
cash flow from financing408,741533,2841,264,416385,682-753404,07356657757264619164
cash and cash equivalents
cash-193,984-148,940417,51135,143-276,492233,391-41,52237,21884,043-411,331-13,41124,864
overdraft31,0663,334-39,11139,111
change in cash-225,050-152,274417,51174,254-315,603233,391-41,52237,21884,043-411,331-13,41124,864

spaggetti ltd 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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Spaggetti Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for spaggetti ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WA4 area or any other competitors across 12 key performance metrics.

spaggetti ltd Ownership

SPAGGETTI LTD group structure

Spaggetti Ltd has no subsidiary companies.

Ultimate parent company

SPAGGETTI LTD

04917261

SPAGGETTI LTD Shareholders

jon holttum 42.93%
wcs nominees ltd 24.4%
nick lawford 18.95%
john hunt 8.47%
growthdeck nominees limited 5.25%

spaggetti ltd directors

Spaggetti Ltd currently has 4 directors. The longest serving directors include Mr Jonathan Holttum (Aug 2013) and Mr Ke Han (Dec 2017).

officercountryagestartendrole
Mr Jonathan Holttum60 years Aug 2013- Director
Mr Ke HanEngland39 years Dec 2017- Director
Mr Jigang WuEngland39 years Feb 2018- Director
Mr David Wybourne56 years Jan 2020- Director

P&L

January 2022

turnover

747.2k

-6%

operating profit

-300k

0%

gross margin

38.8%

-7.64%

turnover

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

Balance Sheet

January 2022

net assets

304.4k

-0.5%

total assets

1.8m

+0.08%

cash

74.6k

-0.72%

net assets

Total assets minus all liabilities

spaggetti ltd company details

company number

04917261

Type

Private limited with Share Capital

industry

47990 - Other retail sale not in stores, stalls or markets

62020 - Computer consultancy activities

incorporation date

October 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2022

previous names

fissara limited (January 2023)

framvern limited (December 2016)

accountant

LITKE WOOD & CO LIMITED

auditor

-

address

7400 daresbury park, daresbury, warrington, cheshire, WA4 4BS

Bank

-

Legal Advisor

-

spaggetti ltd 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 spaggetti ltd.

spaggetti ltd Capital Raised & Share Issues BETA

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spaggetti ltd Companies House Filings - See Documents

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