usleep limited
usleep limited Company Information
Company Number
04995362
Next Accounts
895 days late
Shareholders
palma midco limited
Group Structure
View All
Industry
Manufacture of mattresses
Registered Address
kroll advisory ltd the shard, 32 london bridge street, london, SE1 9SG
usleep limited Estimated Valuation
Pomanda estimates the enterprise value of USLEEP LIMITED at £15.7m based on a Turnover of £39.3m and 0.4x industry multiple (adjusted for size and gross margin).
usleep limited Estimated Valuation
Pomanda estimates the enterprise value of USLEEP LIMITED at £15.4m based on an EBITDA of £3.2m and a 4.85x industry multiple (adjusted for size and gross margin).
usleep limited Estimated Valuation
Pomanda estimates the enterprise value of USLEEP LIMITED at £16.3m based on Net Assets of £7m and 2.32x industry multiple (adjusted for liquidity).
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Usleep Limited Overview
Usleep Limited is a live company located in london, SE1 9SG with a Companies House number of 04995362. It operates in the manufacture of mattresses sector, SIC Code 31030. Founded in December 2003, it's largest shareholder is palma midco limited with a 100% stake. Usleep Limited is a mature, large sized company, Pomanda has estimated its turnover at £39.3m with declining growth in recent years.
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Usleep Limited Health Check
Pomanda's financial health check has awarded Usleep Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £39.3m, make it larger than the average company (£18.3m)
£39.3m - Usleep Limited
£18.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a similar rate (-3.3%)
-3% - Usleep Limited
-3.3% - Industry AVG
Production
with a gross margin of 16.4%, this company has a higher cost of product (32.6%)
16.4% - Usleep Limited
32.6% - Industry AVG
Profitability
an operating margin of 7% make it more profitable than the average company (4%)
7% - Usleep Limited
4% - Industry AVG
Employees
with 183 employees, this is similar to the industry average (159)
183 - Usleep Limited
159 - Industry AVG
Pay Structure
on an average salary of £27.4k, the company has an equivalent pay structure (£29.9k)
£27.4k - Usleep Limited
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £214.6k, this is more efficient (£104.7k)
£214.6k - Usleep Limited
£104.7k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (36 days)
28 days - Usleep Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 99 days, this is slower than average (54 days)
99 days - Usleep Limited
54 days - Industry AVG
Stock Days
it holds stock equivalent to 48 days, this is more than average (35 days)
48 days - Usleep Limited
35 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (17 weeks)
7 weeks - Usleep Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.9%, this is a similar level of debt than the average (58.3%)
60.9% - Usleep Limited
58.3% - Industry AVG
USLEEP LIMITED financials
Usleep Limited's latest turnover from December 2020 is £39.3 million and the company has net assets of £7 million. According to their latest financial statements, Usleep Limited has 183 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 39,275,000 | 34,484,000 | 41,680,000 | 43,394,000 | 35,820,000 | 29,317,000 | 26,765,000 | 25,834,000 | 22,918,000 | 18,040,000 | 15,785,000 | 17,141,514 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 32,851,000 | 29,543,000 | 35,700,000 | 35,992,000 | 29,717,000 | 24,327,000 | 22,145,000 | 21,593,000 | 19,241,000 | 15,170,000 | 13,206,000 | 14,114,880 |
| Gross Profit | 6,424,000 | 4,941,000 | 5,980,000 | 7,402,000 | 6,103,000 | 4,990,000 | 4,620,000 | 4,241,000 | 3,677,000 | 2,870,000 | 2,579,000 | 3,026,634 |
| Admin Expenses | 3,660,000 | 3,131,000 | 3,725,000 | 4,971,000 | 4,305,000 | 3,777,000 | 3,689,000 | 3,372,000 | 2,906,000 | 2,407,000 | 2,189,000 | 1,894,233 |
| Operating Profit | 2,764,000 | 1,810,000 | 2,255,000 | 2,431,000 | 1,798,000 | 1,213,000 | 931,000 | 869,000 | 771,000 | 463,000 | 390,000 | 1,132,401 |
| Interest Payable | 18,000 | 1,000 | 13,000 | 55,000 | 60,000 | 75,000 | 103,000 | 121,000 | 215,300 | |||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | 2,746,000 | 1,809,000 | 2,255,000 | 2,431,000 | 1,798,000 | 1,200,000 | 876,000 | 809,000 | 696,000 | 360,000 | 269,000 | 917,101 |
| Tax | -497,000 | -346,000 | -450,000 | -403,000 | -436,000 | -250,000 | -201,000 | -203,000 | -182,000 | -101,000 | -16,000 | 96,530 |
| Profit After Tax | 2,249,000 | 1,463,000 | 1,805,000 | 2,028,000 | 1,362,000 | 950,000 | 675,000 | 606,000 | 514,000 | 259,000 | 253,000 | 1,013,631 |
| Dividends Paid | 2,000,000 | 2,000,000 | 1,000,000 | |||||||||
| Retained Profit | 2,249,000 | 1,463,000 | -195,000 | 28,000 | 362,000 | 950,000 | 675,000 | 606,000 | 514,000 | 259,000 | 253,000 | 1,013,631 |
| Employee Costs | 5,022,000 | 4,215,000 | 4,862,000 | 4,878,000 | 4,077,000 | 3,336,000 | 3,250,000 | 3,046,000 | 2,684,000 | 1,931,000 | 1,915,000 | 1,843,308 |
| Number Of Employees | 183 | 154 | 192 | 203 | 162 | 130 | 129 | 118 | 98 | 92 | 74 | 47 |
| EBITDA* | 3,179,000 | 2,129,000 | 2,687,000 | 2,801,000 | 2,218,000 | 1,673,000 | 1,424,000 | 1,310,000 | 1,147,000 | 795,000 | 619,000 | 1,568,371 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,759,000 | 431,000 | 679,000 | 1,165,000 | 1,006,000 | 963,000 | 1,433,000 | 1,702,000 | 1,975,000 | 2,073,000 | 2,288,000 | 2,441,482 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 1,759,000 | 431,000 | 679,000 | 1,165,000 | 1,006,000 | 963,000 | 1,433,000 | 1,702,000 | 1,975,000 | 2,073,000 | 2,288,000 | 2,441,482 |
| Stock & work in progress | 4,335,000 | 1,986,000 | 2,953,000 | 2,117,000 | 2,398,000 | 1,603,000 | 2,330,000 | 2,273,000 | 1,643,000 | 1,504,000 | 1,227,000 | 1,292,811 |
| Trade Debtors | 3,112,000 | 2,569,000 | 2,684,000 | 3,099,000 | 4,182,000 | 3,049,000 | 2,260,000 | 2,480,000 | 2,012,000 | 1,559,000 | 999,000 | 1,147,952 |
| Group Debtors | 5,893,000 | 4,692,000 | 1,473,000 | 3,451,000 | 1,679,000 | 950,000 | 1,097,000 | 1,096,824 | ||||
| Misc Debtors | 1,275,000 | 614,000 | 958,000 | 994,000 | 734,000 | 375,000 | 367,000 | 300,000 | 174,000 | 247,000 | 249,000 | 318,019 |
| Cash | 1,623,000 | 1,521,000 | 1,440,000 | 960,000 | 990,000 | 902,000 | 993,000 | 936,000 | 760,000 | 712,000 | 768,000 | 708,249 |
| misc current assets | ||||||||||||
| total current assets | 16,238,000 | 11,382,000 | 9,508,000 | 10,621,000 | 9,983,000 | 6,879,000 | 5,950,000 | 5,989,000 | 4,589,000 | 4,022,000 | 4,340,000 | 4,563,855 |
| total assets | 17,997,000 | 11,813,000 | 10,187,000 | 11,786,000 | 10,989,000 | 7,842,000 | 7,383,000 | 7,691,000 | 6,564,000 | 6,095,000 | 6,628,000 | 7,005,337 |
| Bank overdraft | ||||||||||||
| Bank loan | 16,009 | |||||||||||
| Trade Creditors | 8,983,000 | 4,544,000 | 6,069,000 | 7,145,000 | 6,547,000 | 3,911,000 | 4,056,000 | 4,076,000 | 3,322,000 | 2,625,000 | 2,063,000 | 1,536,838 |
| Group/Directors Accounts | 505,000 | 1,510,000 | 1,521,000 | 2,404,000 | 3,719,000 | 4,779,760 | ||||||
| other short term finances | ||||||||||||
| hp & lease commitments | 192,000 | 258,583 | ||||||||||
| other current liabilities | 1,822,000 | 2,478,000 | 774,000 | 911,000 | 805,000 | 798,000 | 582,000 | 499,000 | 653,000 | 489,000 | 345,000 | 109,681 |
| total current liabilities | 10,805,000 | 7,022,000 | 6,843,000 | 8,056,000 | 7,352,000 | 4,709,000 | 5,143,000 | 6,085,000 | 5,496,000 | 5,518,000 | 6,319,000 | 6,700,871 |
| loans | ||||||||||||
| hp & lease commitments | 185,943 | |||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | 152,000 | 16,000 | 207,000 | 142,000 | 57,000 | 98,000 | 166,000 | 189,000 | 180,000 | 241,888 | ||
| total long term liabilities | 152,000 | 16,000 | 207,000 | 142,000 | 57,000 | 98,000 | 166,000 | 189,000 | 180,000 | 427,831 | ||
| total liabilities | 10,957,000 | 7,022,000 | 6,859,000 | 8,263,000 | 7,494,000 | 4,709,000 | 5,200,000 | 6,183,000 | 5,662,000 | 5,707,000 | 6,499,000 | 7,128,702 |
| net assets | 7,040,000 | 4,791,000 | 3,328,000 | 3,523,000 | 3,495,000 | 3,133,000 | 2,183,000 | 1,508,000 | 902,000 | 388,000 | 129,000 | -123,365 |
| total shareholders funds | 7,040,000 | 4,791,000 | 3,328,000 | 3,523,000 | 3,495,000 | 3,133,000 | 2,183,000 | 1,508,000 | 902,000 | 388,000 | 129,000 | -123,365 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 2,764,000 | 1,810,000 | 2,255,000 | 2,431,000 | 1,798,000 | 1,213,000 | 931,000 | 869,000 | 771,000 | 463,000 | 390,000 | 1,132,401 |
| Depreciation | 415,000 | 319,000 | 432,000 | 370,000 | 420,000 | 460,000 | 493,000 | 441,000 | 376,000 | 332,000 | 229,000 | 435,970 |
| Amortisation | ||||||||||||
| Tax | -497,000 | -346,000 | -450,000 | -403,000 | -436,000 | -250,000 | -201,000 | -203,000 | -182,000 | -101,000 | -16,000 | 96,530 |
| Stock | 2,349,000 | -967,000 | 836,000 | -281,000 | 795,000 | -727,000 | 57,000 | 630,000 | 139,000 | 277,000 | -65,811 | 1,292,811 |
| Debtors | 2,405,000 | 2,760,000 | -2,429,000 | 949,000 | 2,221,000 | 1,747,000 | -153,000 | 594,000 | 380,000 | -539,000 | -217,795 | 2,562,795 |
| Creditors | 4,439,000 | -1,525,000 | -1,076,000 | 598,000 | 2,636,000 | -145,000 | -20,000 | 754,000 | 697,000 | 562,000 | 526,162 | 1,536,838 |
| Accruals and Deferred Income | -656,000 | 1,704,000 | -137,000 | 106,000 | 7,000 | 216,000 | 83,000 | -154,000 | 164,000 | 144,000 | 235,319 | 109,681 |
| Deferred Taxes & Provisions | 152,000 | -16,000 | -191,000 | 65,000 | 142,000 | -57,000 | -41,000 | -68,000 | -23,000 | 9,000 | -61,888 | 241,888 |
| Cash flow from operations | 1,863,000 | 153,000 | 2,426,000 | 2,499,000 | 1,551,000 | 417,000 | 1,341,000 | 415,000 | 1,284,000 | 1,671,000 | 1,586,199 | -302,298 |
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | -16,009 | 16,009 | ||||||||||
| Group/Directors Accounts | -505,000 | -1,005,000 | -11,000 | -883,000 | -1,315,000 | -1,060,760 | 4,779,760 | |||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | -192,000 | -252,526 | 444,526 | |||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | -18,000 | -1,000 | -13,000 | -55,000 | -60,000 | -75,000 | -103,000 | -121,000 | -215,300 | |||
| cash flow from financing | -18,000 | -1,000 | -518,000 | -1,060,000 | -71,000 | -958,000 | -1,610,000 | -1,450,930 | 3,887,999 | |||
| cash and cash equivalents | ||||||||||||
| cash | 102,000 | 81,000 | 480,000 | -30,000 | 88,000 | -91,000 | 57,000 | 176,000 | 48,000 | -56,000 | 59,751 | 708,249 |
| overdraft | ||||||||||||
| change in cash | 102,000 | 81,000 | 480,000 | -30,000 | 88,000 | -91,000 | 57,000 | 176,000 | 48,000 | -56,000 | 59,751 | 708,249 |
usleep limited Credit Report and Business Information
Usleep Limited Competitor Analysis
Perform a competitor analysis for usleep limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in SE1 area or any other competitors across 12 key performance metrics.
usleep limited Ownership
USLEEP LIMITED group structure
Usleep Limited has no subsidiary companies.
Ultimate parent company
VITA GLOBAL HOLDINGS LTD
#0075669
2 parents
USLEEP LIMITED
04995362
usleep limited directors
Usleep Limited currently has 4 directors. The longest serving directors include Mr Darren Round (Sep 2021) and Mr Mark Lewis (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darren Round | 61 years | Sep 2021 | - | Director | |
| Mr Mark Lewis | 57 years | Sep 2021 | - | Director | |
| Mr Daniel O'Riordan | 50 years | Sep 2021 | - | Director | |
| Mr Gilbert Davids | 56 years | Sep 2021 | - | Director |
P&L
December 2020turnover
39.3m
+14%
operating profit
2.8m
+53%
gross margin
16.4%
+14.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
7m
+0.47%
total assets
18m
+0.52%
cash
1.6m
+0.07%
net assets
Total assets minus all liabilities
usleep limited company details
company number
04995362
Type
Private limited with Share Capital
industry
31030 - Manufacture of mattresses
incorporation date
December 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2020
previous names
duflex foam limited (June 2020)
castlegate 295 limited (April 2004)
accountant
-
auditor
BDO LLP
address
kroll advisory ltd the shard, 32 london bridge street, london, SE1 9SG
Bank
VIRGIN MONEY
Legal Advisor
BROWNE JACOBSON LLP
usleep 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 10 charges/mortgages relating to usleep limited. Currently there are 0 open charges and 10 have been satisfied in the past.
usleep 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.
Click to start generating capital raising & share issue transactions for USLEEP LIMITED. This can take several minutes, an email will notify you when this has completed.
usleep limited Companies House Filings - See Documents
| date | description | view/download |
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