Pomanda estimates the enterprise value of SBS SPAS LTD at £29.1k based on a Turnover of £89.5k and 0.33x industry multiple (adjusted for size and gross margin).
sbs spas ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SBS SPAS LTD at £0 based on an EBITDA of £-18.6k and a 3.21x industry multiple (adjusted for size and gross margin).
sbs spas ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SBS SPAS LTD at £0 based on Net Assets of £-16.1k and 2.04x industry multiple (adjusted for liquidity).
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Sbs Spas LtdOverview
Sbs Spas Ltd is a live company located in poole, BH12 1DW with a Companies House number of 04940467. 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
ian elvin
with a 75% stake. Sbs Spas Ltd is a mature,
micro sized company, Pomanda has estimated its turnover at
£89.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Sbs Spas Ltd 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 Rating1out of 5
1 Strong
2 Regular
8 Weak
Size
annual sales of £89.5k, make it smaller than the average company (£1.2m)
£89.5k - Sbs Spas Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -42%, show it is growing at a slower rate (8.2%)
-42% - Sbs Spas Ltd
8.2% - Industry AVG
Production
with a gross margin of 38.2%, this company has a lower cost of product (31.8%)
38.2% - Sbs Spas Ltd
31.8% - Industry AVG
Profitability
an operating margin of -20.8% make it less profitable than the average company (4.5%)
-20.8% - Sbs Spas Ltd
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - Sbs Spas Ltd
10 - Industry AVG
Pay Structure
on an average salary of £35.8k, the company has an equivalent pay structure (£35.8k)
£35.8k - Sbs Spas Ltd
£35.8k - Industry AVG
Efficiency
resulting in sales per employee of £89.5k, this is less efficient (£205.4k)
£89.5k - Sbs Spas Ltd
£205.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Sbs Spas Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (39 days)
38 days - Sbs Spas Ltd
39 days - Industry AVG
Stock Days
it holds stock equivalent to 121 days, this is more than average (72 days)
121 days - Sbs Spas Ltd
72 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is less cash available to meet short term requirements (23 weeks)
7 weeks - Sbs Spas Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 149.5%, this is a higher level of debt than the average (62.6%)
149.5% - Sbs Spas Ltd
62.6% - Industry AVG
SBS SPAS LTD financials
EXPORT
Sbs Spas Ltd's latest turnover from October 2023 is £89.5 thousand and the company has net assets of -£16.1 thousand. According to their latest financial statements, we estimate that Sbs Spas Ltd has 1 employee and maintains cash reserves of £6.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Turnover
89,536
124,314
440,697
467,555
323,530
462,949
304,730
107,640
194,363
155,869
192,160
89,519
98,353
124,947
78,523
Other Income Or Grants
Cost Of Sales
55,312
52,177
306,914
316,958
215,546
308,917
199,159
69,656
128,715
103,823
129,509
68,497
63,300
102,361
46,877
Gross Profit
34,224
72,137
133,783
150,597
107,985
154,031
105,571
37,984
65,648
52,046
62,652
21,022
35,053
22,586
31,646
Admin Expenses
52,831
72,182
127,208
104,093
111,219
163,928
117,131
18,670
68,508
29,892
66,431
37,749
36,274
39,812
36,156
Operating Profit
-18,607
-45
6,575
46,504
-3,234
-9,897
-11,560
19,314
-2,860
22,154
-3,779
-16,727
-1,221
-17,226
-4,510
Interest Payable
482
Interest Receivable
27
52
88
81
54
79
Pre-Tax Profit
-19,515
-477
6,575
46,504
-3,234
-9,897
-11,533
19,366
-2,772
22,235
-3,725
-16,685
-1,127
-17,136
-4,913
Tax
-1,249
-8,836
-3,873
-4,669
846
Profit After Tax
-19,515
-477
5,326
37,668
-3,234
-9,897
-11,533
15,493
-2,772
17,566
-3,725
-16,685
-1,127
-17,136
-4,067
Dividends Paid
2,000
Retained Profit
-19,515
-2,477
5,326
37,668
-3,234
-9,897
-11,533
15,493
-2,772
17,566
-3,725
-16,685
-1,127
-17,136
-4,067
Employee Costs
35,802
33,618
32,733
30,277
32,278
32,701
57,750
31,368
33,624
31,213
31,834
31,186
30,090
28,957
Number Of Employees
1
1
1
1
1
1
2
1
1
1
1
1
1
1
EBITDA*
-18,607
-45
6,575
46,504
-3,234
-9,897
-11,560
19,686
-2,395
22,735
-3,053
-15,819
-87
-15,895
-2,846
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Tangible Assets
535
713
951
1,189
1,486
1,858
2,323
2,904
3,630
4,538
5,323
6,654
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
535
713
951
1,189
1,486
1,858
2,323
2,904
3,630
4,538
5,323
6,654
Stock & work in progress
18,440
24,862
23,706
27,086
18,784
17,212
14,095
13,724
18,476
38,100
Trade Debtors
74,114
73,240
33,376
54,921
63,730
13,033
3,210
3,987
3,125
3,566
105
13,760
Group Debtors
Misc Debtors
7,435
3,085
8,611
11,960
1,563
3,545
4,385
3,125
Cash
6,652
25,598
21,793
20,032
15,200
17,301
4,326
12,560
25,092
11,081
misc current assets
9,953
1,563
846
846
total current assets
32,527
53,545
82,725
85,200
34,939
64,874
65,293
58,532
50,328
37,971
37,638
21,987
30,675
48,904
66,066
total assets
32,527
53,545
82,725
85,735
35,652
65,825
66,482
60,018
52,186
40,294
40,542
25,617
35,213
54,227
72,720
Bank overdraft
13,711
17,457
Bank loan
Trade Creditors
5,855
1,740
58,382
59,272
71,907
98,846
3,740
14,525
80,020
65,356
83,170
6,160
4,979
16,123
5,517
Group/Directors Accounts
22,386
28,360
85,866
57,834
55,179
48,264
56,486
64,314
other short term finances
29
hp & lease commitments
other current liabilities
6,649
2,576
3,181
4,188
2,709
6,844
total current liabilities
48,630
50,133
58,382
59,272
71,907
98,846
89,606
72,359
80,020
65,356
83,170
64,520
57,431
75,318
76,675
loans
hp & lease commitments
Accruals and Deferred Income
1,000
900
850
850
850
other liabilities
17,454
25,000
provisions
total long term liabilities
18,454
25,900
850
850
850
total liabilities
48,630
50,133
76,836
85,172
72,757
99,696
90,456
72,359
80,020
65,356
83,170
64,520
57,431
75,318
76,675
net assets
-16,103
3,412
5,889
563
-37,105
-33,871
-23,974
-12,341
-27,834
-25,062
-42,628
-38,903
-22,218
-21,091
-3,955
total shareholders funds
-16,103
3,412
5,889
563
-37,105
-33,871
-23,974
-12,341
-27,834
-25,062
-42,628
-38,903
-22,218
-21,091
-3,955
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Operating Activities
Operating Profit
-18,607
-45
6,575
46,504
-3,234
-9,897
-11,560
19,314
-2,860
22,154
-3,779
-16,727
-1,221
-17,226
-4,510
Depreciation
372
465
581
726
908
1,134
1,331
1,664
Amortisation
Tax
-1,249
-8,836
-3,873
-4,669
846
Stock
-6,422
24,862
-23,706
-3,380
8,302
1,572
3,117
371
-4,752
-19,624
38,100
Debtors
4,350
-79,640
-2,475
50,261
-19,982
-8,809
50,697
9,823
-777
862
-441
21
-945
-12,395
16,885
Creditors
4,115
-56,642
-890
-12,635
-26,939
95,106
-10,785
-65,495
14,664
-17,814
77,010
1,181
-11,144
10,606
5,517
Accruals and Deferred Income
4,073
1,576
100
50
850
-3,181
-1,007
1,479
-4,135
6,844
Deferred Taxes & Provisions
Cash flow from operations
-8,347
-333
7,011
-25,178
-10,191
94,018
-48,486
-56,125
4,744
-2,182
68,100
-16,037
-4,055
22,595
-44,624
Investing Activities
capital expenditure
535
178
238
238
297
-349
-8,318
Change in Investments
cash flow from investments
535
178
238
238
297
-349
-8,318
Financing Activities
Bank loans
Group/Directors Accounts
-5,974
28,360
-85,866
28,032
57,834
-55,179
6,915
-8,222
-7,828
64,314
Other Short Term Loans
29
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-17,454
-7,546
25,000
share issue
-100
112
interest
27
52
88
81
54
-403
cash flow from financing
-5,945
10,906
-7,546
25,000
-85,866
27,959
57,886
88
81
-55,125
6,915
-8,222
-7,828
64,023
cash and cash equivalents
cash
-18,946
25,598
-21,793
1,761
4,832
-2,101
12,975
-8,234
-12,532
14,011
11,081
overdraft
-3,746
17,457
change in cash
-15,200
8,141
-21,793
1,761
4,832
-2,101
12,975
-8,234
-12,532
14,011
11,081
sbs spas ltd 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 sbs spas ltd. Get real-time insights into sbs spas ltd's credit score, group structure and payment trends.
Perform a competitor analysis for sbs spas ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BH12 area or any other competitors across 12 key performance metrics.
sbs spas ltd Ownership
SBS SPAS LTD group structure
Sbs Spas Ltd has no subsidiary companies.
Ultimate parent company
SBS SPAS LTD
04940467
SBS SPAS LTD Shareholders
The largest shareholders in Sbs Spas Ltd include Ian Elvin and Lorrain Wells.
ian elvin
75%
lorrain wells
25%
sbs spas ltd directors
Sbs Spas Ltd currently has 2 directors.
The longest serving directors include
Mr Ian Elvin (Nov 2003) and
Miss Lorrian Wells (Nov 2003).
47990 - Other retail sale not in stores, stalls or markets
incorporation date
October 2003
age
22
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
santa barbara spas south ltd (January 2004)
accountant
M J RHODES & CO
auditor
-
address
unit 14 branksome business park, bourne valley road, poole, dorset, BH12 1DW
Bank
-
Legal Advisor
-
sbs spas 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 found 1 charges/mortgages relating to sbs spas ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
sbs spas ltd 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 SBS SPAS LTD. This can take several minutes, an email will notify you when this has completed.
sbs spas ltdCompanies House Filings - See Documents
