elegance wedding services limited

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elegance wedding services limited Company Information

Share ELEGANCE WEDDING SERVICES LIMITED
Live 
MatureMicroDeclining

Company Number

05049919

Website

-

Registered Address

16 shropshire street, market drayton, TF9 3BY

Industry

Other retail sale in non-specialised stores

 

Telephone

01782623200

Next Accounts Due

November 2024

Group Structure

View All

Directors

Karen Lea20 Years

Peter Lea20 Years

Shareholders

karen lea 50%

peter deggory lea 50%

elegance wedding services limited Estimated Valuation

£129.4k

Pomanda estimates the enterprise value of ELEGANCE WEDDING SERVICES LIMITED at £129.4k based on a Turnover of £396.1k and 0.33x industry multiple (adjusted for size and gross margin).

elegance wedding services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ELEGANCE WEDDING SERVICES LIMITED at £0 based on an EBITDA of £-10.7k and a 3.66x industry multiple (adjusted for size and gross margin).

elegance wedding services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ELEGANCE WEDDING SERVICES LIMITED at £0 based on Net Assets of £-100.1k and 4.26x industry multiple (adjusted for liquidity).

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Elegance Wedding Services Limited AI Business Plan

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Elegance Wedding Services Limited Overview

Elegance Wedding Services Limited is a live company located in market drayton, TF9 3BY with a Companies House number of 05049919. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in February 2004, it's largest shareholder is karen lea with a 50% stake. Elegance Wedding Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £396.1k with declining growth in recent years.

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Elegance Wedding Services Limited Health Check

Pomanda's financial health check has awarded Elegance Wedding Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £396.1k, make it smaller than the average company (£1.2m)

£396.1k - Elegance Wedding Services Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (1.4%)

-12% - Elegance Wedding Services Limited

1.4% - Industry AVG

production

Production

with a gross margin of 28.8%, this company has a higher cost of product (41.7%)

28.8% - Elegance Wedding Services Limited

41.7% - Industry AVG

profitability

Profitability

an operating margin of -2.7% make it less profitable than the average company (5.5%)

-2.7% - Elegance Wedding Services Limited

5.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (32)

3 - Elegance Wedding Services Limited

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £18.8k, the company has an equivalent pay structure (£18.8k)

£18.8k - Elegance Wedding Services Limited

£18.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £132k, this is more efficient (£91.5k)

£132k - Elegance Wedding Services Limited

£91.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 70 days, this is later than average (9 days)

70 days - Elegance Wedding Services Limited

9 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 197 days, this is slower than average (35 days)

197 days - Elegance Wedding Services Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Elegance Wedding Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Elegance Wedding Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 225.1%, this is a higher level of debt than the average (66.3%)

225.1% - Elegance Wedding Services Limited

66.3% - Industry AVG

elegance wedding services 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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Elegance Wedding Services Limited Competitor Analysis

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Perform a competitor analysis for elegance wedding services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

elegance wedding services limited Ownership

ELEGANCE WEDDING SERVICES LIMITED group structure

Elegance Wedding Services Limited has no subsidiary companies.

Ultimate parent company

ELEGANCE WEDDING SERVICES LIMITED

05049919

ELEGANCE WEDDING SERVICES LIMITED Shareholders

karen lea 50%
peter deggory lea 50%

elegance wedding services limited directors

Elegance Wedding Services Limited currently has 2 directors. The longest serving directors include Mrs Karen Lea (Feb 2004) and Mr Peter Lea (Feb 2004).

officercountryagestartendrole
Mrs Karen LeaEngland60 years Feb 2004- Director
Mr Peter LeaEngland51 years Feb 2004- Director

ELEGANCE WEDDING SERVICES LIMITED financials

EXPORTms excel logo

Elegance Wedding Services Limited's latest turnover from February 2023 is estimated at £396.1 thousand and the company has net assets of -£100.1 thousand. According to their latest financial statements, Elegance Wedding Services Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover396,103414,781837,748583,208531,169442,645565,345212,236141,039123,164122,36585,62279,65281,413
Other Income Or Grants00000000000000
Cost Of Sales282,120304,652610,216411,136381,695322,646401,679153,931102,07489,35890,28762,69958,07858,894
Gross Profit113,983110,129227,532172,072149,475120,000163,66658,30638,96533,80732,07722,92321,57522,520
Admin Expenses124,638167,622239,930168,337141,74593,510156,44356,92136,15633,14232,79927,96924,82373,486
Operating Profit-10,655-57,493-12,3983,7357,73026,4907,2231,3852,809665-722-5,046-3,248-50,966
Interest Payable00000000000000
Interest Receivable00000053227108742
Pre-Tax Profit-10,655-57,493-12,3983,7357,73026,4907,2291,4162,837675-714-5,039-3,244-50,964
Tax000-710-1,469-5,033-1,446-283-596-1550000
Profit After Tax-10,655-57,493-12,3983,0256,26121,4575,7831,1332,241520-714-5,039-3,244-50,964
Dividends Paid00000000000000
Retained Profit-10,655-57,493-12,3983,0256,26121,4575,7831,1332,241520-714-5,039-3,244-50,964
Employee Costs56,36572,909118,34487,85451,03164,97762,54531,99216,47616,12215,61515,80515,22815,013
Number Of Employees34753442111111
EBITDA*-10,655-57,493-12,3983,7357,73026,4907,2232,6123,693799-565-4,861-3,030-50,762

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets2,6383,2113,3933,2453,9624,0534,8985,6503,9137578911,0481,2331,157
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)0000000000499000
Total Fixed Assets2,6383,2113,3933,2453,9624,0534,8985,6503,9137571,3901,0481,2331,157
Stock & work in progress000000045,00010,5004,5254,2004,6004,5214,493
Trade Debtors76,668101,634139,531118,981113,62089,48767,5940000499576576
Group Debtors00000000000000
Misc Debtors7015184004000000000000
Cash00000004,3228,3422,6421,4821,848902730
misc current assets0000468000000000
total current assets77,369102,152139,931119,381114,08889,48767,59449,32218,8427,1675,6826,9475,9995,799
total assets80,007105,363143,324122,626118,05093,54072,49254,97222,7557,9247,0727,9957,2326,956
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 152,375159,624134,030141,291137,432120,527120,688110,03978,95566,36566,03366,24260,44056,920
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities152,375159,624134,030141,291137,432120,527120,688110,03978,95566,36566,03366,24260,44056,920
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income1,7241,1771,2338763,1841,8402,0880000000
other liabilities25,99533,99440,00000000000000
provisions00000000000000
total long term liabilities27,71935,17141,2338763,1841,8402,0880000000
total liabilities180,094194,795175,263142,167140,616122,367122,776110,03978,95566,36566,03366,24260,44056,920
net assets-100,087-89,432-31,939-19,541-22,566-28,827-50,284-55,067-56,200-58,441-58,961-58,247-53,208-49,964
total shareholders funds-100,087-89,432-31,939-19,541-22,566-28,827-50,284-55,067-56,200-58,441-58,961-58,247-53,208-49,964
Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-10,655-57,493-12,3983,7357,73026,4907,2231,3852,809665-722-5,046-3,248-50,966
Depreciation00000001,227884134157185218204
Amortisation00000000000000
Tax000-710-1,469-5,033-1,446-283-596-1550000
Stock000000-45,00034,5005,975325-40079284,493
Debtors-24,783-37,77920,5505,76124,13321,89367,59400-4990-770576
Creditors-7,24925,594-7,2613,85916,905-16110,64931,08412,590332-2095,8023,52056,920
Accruals and Deferred Income547-56357-2,3081,344-2482,0880000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations7,4265,824-39,852-1,185377-845-4,080-1,0879,7121,150-3749394621,089
Investing Activities
capital expenditure573182-14871791845752-2,964-4,040000-294-1,361
Change in Investments00000000000000
cash flow from investments573182-14871791845752-2,964-4,040000-294-1,361
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-7,999-6,00640,00000000000000
share issue000000-1,0000000001,000
interest00000053227108742
cash flow from financing-7,999-6,00640,000000-9953227108741,002
cash and cash equivalents
cash000000-4,322-4,0205,7001,160-366946172730
overdraft00000000000000
change in cash000000-4,322-4,0205,7001,160-366946172730

P&L

February 2023

turnover

396.1k

-5%

operating profit

-10.7k

0%

gross margin

28.8%

+8.38%

turnover

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

Balance Sheet

February 2023

net assets

-100.1k

+0.12%

total assets

80k

-0.24%

cash

0

0%

net assets

Total assets minus all liabilities

elegance wedding services limited company details

company number

05049919

Type

Private limited with Share Capital

industry

47190 - Other retail sale in non-specialised stores

incorporation date

February 2004

age

20

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

time for craft ltd (April 2011)

incorporated

UK

address

16 shropshire street, market drayton, TF9 3BY

last accounts submitted

February 2023

elegance wedding services 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 elegance wedding services limited.

charges

elegance wedding services limited Companies House Filings - See Documents

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