Price Cut Books Ltd

POWER SEARCH PRICING

SOLUTIONS

price cut books ltd Company Information

Live

MatureMidRapid

Company Number

05005873

Website

https://www.lowplexbooks.com

Registered Address

unit 31, vulcan house business c, vulcan road, leicester, LE5 3EF

Industry

Retail sale of books in specialised stores

Retail sale via mail order houses or via Internet

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Abdul Thadha20 Years

Shareholders

rashid thadha 50%

tasnim thadha 50%

price cut books ltd Estimated Valuation

£34.3m

Pomanda estimates the enterprise value of PRICE CUT BOOKS LTD at £34.3m based on Net Assets of £12.1m and 2.84x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Price Cut Books Ltd is a live company located in leicester, LE5 3EF with a Companies House number of 05005873. It operates in the retail sale of books in specialised stores sector, SIC Code 47610. Founded in January 2004, it's largest shareholder is rashid thadha with a 50% stake. Price Cut Books Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £11.3m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Price Cut Books Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

9 Strong

1 Regular

2 Weak

Size

annual sales of £11.3m, make it larger than the average company (£294.1k)

Growth

3 year (CAGR) sales growth of 79%, show it is growing at a faster rate (2.3%)

EXPORT

Price Cut Books Ltd's latest turnover from March 2023 is estimated at £11.3 million and the company has net assets of £12.1 million. According to their latest financial statements, we estimate that Price Cut Books Ltd has 57 employees and maintains cash reserves of £6.2 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	11,277,163	1,678,064	2,150,193	1,950,763	1,707,597	1,739,950	1,475,828	1,554,843	792,873	765,086	552,862	837,577	587,641	240,982
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	8,243,476	1,257,959	1,597,226	1,457,453	1,241,209	1,228,094	1,024,610	1,140,950	559,245	535,085	389,390	608,740	421,430	170,480
Gross Profit	3,033,687	420,105	552,967	493,311	466,388	511,857	451,218	413,893	233,628	230,001	163,472	228,836	166,211	70,502
Admin Expenses	153,059	-1,050,357	-3,960,600	-865,834	-24,847	84,352	-213,377	-206,947	-206,123	25,794	75,264	118,004	-114,067	-1,153,830
Operating Profit	2,880,628	1,470,462	4,513,567	1,359,145	491,235	427,505	664,595	620,840	439,751	204,207	88,208	110,832	280,278	1,224,332
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	248,701	45,082	4,983	2,883	15,295	9,164	4,490	7,896	6,325	5,033	4,611	4,466	4,083	1,846
Pre-Tax Profit	3,129,328	1,515,544	4,518,551	1,362,028	506,530	436,669	669,085	628,736	446,076	209,240	92,820	115,299	284,361	1,226,178
Tax	-594,572	-287,953	-858,525	-258,785	-96,241	-82,967	-133,817	-125,747	-93,676	-48,125	-22,277	-29,978	-79,621	-343,330
Profit After Tax	2,534,756	1,227,591	3,660,026	1,103,243	410,289	353,702	535,268	502,989	352,400	161,115	70,543	85,321	204,740	882,848
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	2,534,756	1,227,591	3,660,026	1,103,243	410,289	353,702	535,268	502,989	352,400	161,115	70,543	85,321	204,740	882,848
Employee Costs	1,347,491	1,152,210	1,189,025	1,099,878	893,571	892,187	717,755	196,359	89,216	109,484	89,806	132,940	88,778	43,013
Number Of Employees	57	49	50	50	39	38	33	9	4	5	4	6	4	2
EBITDA*	2,880,628	1,506,521	4,538,471	1,379,450	509,375	446,686	678,647	629,692	450,695	216,330	98,766	120,664	289,523	1,231,408

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	280,299	245,469	186,561	136,825	114,570	117,169	117,685	63,212	63,874	72,321	67,618	63,510	59,306	54,488
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	1,030,871	1,801,094	1,030,871	1,030,871	589,183	589,183	239,739	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,311,170	2,046,563	1,217,432	1,167,696	703,753	706,352	357,424	63,212	63,874	72,321	67,618	63,510	59,306	54,488
Stock & work in progress	1,087,648	967,642	614,786	326,874	374,123	314,148	214,863	192,458	142,368	131,417	107,342	85,648	98,313	97,456
Trade Debtors	4,134,323	112,630	354,354	457,562	473,041	493,309	409,734	338,319	125,954	127,656	94,451	171,260	90,149	23,140
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	2,078,679	1,593,622	55,154	44,260	50,031	78,249	69,962	0	0	0	0	0	0
Cash	6,197,970	5,505,598	6,516,344	3,450,476	2,316,334	1,762,288	1,903,384	1,688,698	1,469,738	1,060,325	952,905	891,667	894,809	738,257
misc current assets	638,593	114,855	100,000	100,000	0	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000
total current assets	12,058,534	8,779,404	9,179,106	4,390,066	3,367,758	2,719,776	2,706,230	2,389,437	1,838,060	1,419,398	1,254,698	1,248,575	1,183,271	958,853
total assets	13,369,704	10,825,967	10,396,538	5,557,762	4,071,511	3,426,128	3,063,654	2,452,649	1,901,934	1,491,719	1,322,316	1,312,085	1,242,577	1,013,341
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	1,231,516	770,622	990,174	467,384	197,099	24,797	31,428	3,000	132,760	73,403	66,234	124,139	144,025	120,939
Group/Directors Accounts	0	169,031	119,685	101,666	151,830	119,730	59,077	18,934	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	289,658	928,648	300,393	141,786	110,663	154,737	158,565	0	0	0	0	0	0
total current liabilities	1,231,516	1,229,311	2,038,507	869,443	490,715	255,190	245,242	180,499	132,760	73,403	66,234	124,139	144,025	120,939
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	53,257	46,481	35,447	25,761	21,481	21,912	23,088	12,094	12,107	13,649	12,530	14,937	10,864	9,454
total long term liabilities	53,257	46,481	35,447	25,761	21,481	21,912	23,088	12,094	12,107	13,649	12,530	14,937	10,864	9,454
total liabilities	1,284,773	1,275,792	2,073,954	895,204	512,196	277,102	268,330	192,593	144,867	87,052	78,764	139,076	154,889	130,393
net assets	12,084,931	9,550,175	8,322,584	4,662,558	3,559,315	3,149,026	2,795,324	2,260,056	1,757,067	1,404,667	1,243,552	1,173,009	1,087,688	882,948
total shareholders funds	12,084,931	9,550,175	8,322,584	4,662,558	3,559,315	3,149,026	2,795,324	2,260,056	1,757,067	1,404,667	1,243,552	1,173,009	1,087,688	882,948

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	2,880,628	1,470,462	4,513,567	1,359,145	491,235	427,505	664,595	620,840	439,751	204,207	88,208	110,832	280,278	1,224,332
Depreciation	0	36,059	24,904	20,305	18,140	19,181	14,052	8,852	10,944	12,123	10,558	9,832	9,245	7,076
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-594,572	-287,953	-858,525	-258,785	-96,241	-82,967	-133,817	-125,747	-93,676	-48,125	-22,277	-29,978	-79,621	-343,330
Stock	120,006	352,856	287,912	-47,249	59,975	99,285	22,405	50,090	10,951	24,075	21,694	-12,665	857	97,456
Debtors	1,943,014	243,333	1,435,260	-4,585	-26,039	55,357	79,702	282,327	-1,702	33,205	-76,809	81,111	67,009	23,140
Creditors	460,894	-219,552	522,790	270,285	172,302	-6,631	28,428	-129,760	59,357	7,169	-57,905	-19,886	23,086	120,939
Accruals and Deferred Income	-289,658	-638,990	628,255	158,607	31,123	-44,074	-3,828	158,565	0	0	0	0	0	0
Deferred Taxes & Provisions	6,776	11,034	9,686	4,280	-431	-1,176	10,994	-13	-1,542	1,119	-2,407	4,073	1,410	9,454
Cash flow from operations	401,048	-225,129	3,117,505	1,605,671	582,192	157,196	478,317	200,320	405,585	119,213	71,292	6,427	166,532	897,875
Investing Activities
capital expenditure	-34,830	-94,967	-74,640	-42,560	-15,541	-18,665	-68,525	-8,190	-2,497	-16,826	-14,666	-14,036	-14,063	-61,564
Change in Investments	-770,223	770,223	0	441,688	0	349,444	239,739	0	0	0	0	0	0	0
cash flow from investments	735,393	-865,190	-74,640	-484,248	-15,541	-368,109	-308,264	-8,190	-2,497	-16,826	-14,666	-14,036	-14,063	-61,564
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-169,031	49,346	18,019	-50,164	32,100	60,653	40,143	18,934	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	100
interest	248,701	45,082	4,983	2,883	15,295	9,164	4,490	7,896	6,325	5,033	4,611	4,466	4,083	1,846
cash flow from financing	79,670	94,428	23,002	-47,281	47,395	69,817	44,633	26,830	6,325	5,033	4,611	4,466	4,083	1,946
cash and cash equivalents
cash	692,372	-1,010,746	3,065,868	1,134,142	554,046	-141,096	214,686	218,960	409,413	107,420	61,238	-3,142	156,552	738,257
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	692,372	-1,010,746	3,065,868	1,134,142	554,046	-141,096	214,686	218,960	409,413	107,420	61,238	-3,142	156,552	738,257

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for price cut books ltd. Get real-time insights into price cut books ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for price cut books ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in LE5 area or any other competitors across 12 key performance metrics.

PRICE CUT BOOKS LTD group structure

Price Cut Books Ltd has no subsidiary companies.

Ultimate parent company

PRICE CUT BOOKS LTD

05005873

PRICE CUT BOOKS LTD Shareholders

rashid thadha	50%
tasnim thadha	50%

Price Cut Books Ltd currently has 1 director, Mr Abdul Thadha serving since Jan 2004.

officer	country	age	start	end	role
Mr Abdul Thadha	United Kingdom	52 years	Jan 2004	-	Director

P&L

March 2023

turnover

11.3m

+572%

operating profit

2.9m

gross margin

27%

+7.45%

turnover

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

Balance Sheet

March 2023

net assets

12.1m

+0.27%

total assets

13.4m

+0.23%

cash

6.2m

+0.13%

net assets

Total assets minus all liabilities

Similar Companies

aslan christian books limited

gee dee limited

2.5

adg hospitality ltd

thompson acquisitions limited

clair fashions limited

3.5

company number

05005873

Type

Private limited with Share Capital

industry

47610 - Retail sale of books in specialised stores

47910 - Retail sale via mail order houses or via Internet

incorporation date

January 2004

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

unit 31, vulcan house business c, vulcan road, leicester, LE5 3EF

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 price cut books ltd.

price cut books ltd Company Information

price cut books ltd Estimated Valuation

price cut books ltd Estimated Valuation

price cut books ltd Estimated Valuation

Price Cut Books Ltd Overview

Price Cut Books Ltd Health Check

PRICE CUT BOOKS LTD financials

price cut books ltd Credit Report and Business Information

Price Cut Books Ltd Competitor Analysis

price cut books ltd Ownership

price cut books ltd directors

price cut books ltd company details

price cut books ltd Charges & Mortgages

price cut books ltd Companies House Filings - See Documents