ping pong limited Company Information
Company Number
05126756
Website
www.pingpongdimsum.comRegistered Address
pearl assurance house, 319 ballards lane, london, N12 8LY
Industry
Licensed restaurants
Telephone
02074733546
Next Accounts Due
93 days late
Group Structure
View All
Shareholders
dim sum holdings limited 100%
ping pong limited Estimated Valuation
Pomanda estimates the enterprise value of PING PONG LIMITED at £10.3m based on a Turnover of £12.2m and 0.85x industry multiple (adjusted for size and gross margin).
ping pong limited Estimated Valuation
Pomanda estimates the enterprise value of PING PONG LIMITED at £6.8m based on an EBITDA of £1m and a 6.55x industry multiple (adjusted for size and gross margin).
ping pong limited Estimated Valuation
Pomanda estimates the enterprise value of PING PONG LIMITED at £0 based on Net Assets of £-9.6m and 3.96x industry multiple (adjusted for liquidity).
Ping Pong Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Ping Pong Limited Overview
Ping Pong Limited is a live company located in london, N12 8LY with a Companies House number of 05126756. It operates in the licenced restaurants sector, SIC Code 56101. Founded in May 2004, it's largest shareholder is dim sum holdings limited with a 100% stake. Ping Pong Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ping Pong Limited Health Check
Pomanda's financial health check has awarded Ping Pong Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
4 Weak
Size
annual sales of £12.2m, make it larger than the average company (£870.2k)
£12.2m - Ping Pong Limited
£870.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a faster rate (-9.7%)
-8% - Ping Pong Limited
-9.7% - Industry AVG
Production
with a gross margin of 71.5%, this company has a lower cost of product (58.2%)
71.5% - Ping Pong Limited
58.2% - Industry AVG
Profitability
an operating margin of 5.7% make it more profitable than the average company (4%)
5.7% - Ping Pong Limited
4% - Industry AVG
Employees
with 208 employees, this is above the industry average (29)
208 - Ping Pong Limited
29 - Industry AVG
Pay Structure
on an average salary of £20.9k, the company has a higher pay structure (£17.2k)
£20.9k - Ping Pong Limited
£17.2k - Industry AVG
Efficiency
resulting in sales per employee of £58.7k, this is more efficient (£37.7k)
£58.7k - Ping Pong Limited
£37.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ping Pong Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 310 days, this is slower than average (67 days)
310 days - Ping Pong Limited
67 days - Industry AVG
Stock Days
it holds stock equivalent to 83 days, this is more than average (17 days)
83 days - Ping Pong Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (16 weeks)
7 weeks - Ping Pong Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 260%, this is a higher level of debt than the average (87.2%)
260% - Ping Pong Limited
87.2% - Industry AVG
ping pong limited Credit Report and Business Information
Ping Pong Limited Competitor Analysis
Perform a competitor analysis for ping pong limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ping pong limited Ownership
PING PONG LIMITED group structure
Ping Pong Limited has no subsidiary companies.
ping pong limited directors
Ping Pong Limited currently has 3 directors. The longest serving directors include Mr Timothy Thorpe (Sep 2012) and Mr Artem Sagiryan (Nov 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Timothy Thorpe | 53 years | Sep 2012 | - | Director | |
Mr Artem Sagiryan | 43 years | Nov 2013 | - | Director | |
Mr James Horler | England | 59 years | Sep 2015 | - | Director |
PING PONG LIMITED financials
Ping Pong Limited's latest turnover from March 2022 is £12.2 million and the company has net assets of -£9.6 million. According to their latest financial statements, Ping Pong Limited has 208 employees and maintains cash reserves of £804.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 12,204,100 | 3,983,646 | 13,755,468 | 15,444,377 | 16,826,990 | 16,834,308 | 15,301,004 | 15,244,430 | 13,924,810 | 14,419,418 | 15,608,849 | 15,535,389 | 15,150,018 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 3,474,454 | 1,191,391 | 3,784,184 | 4,483,112 | 4,901,199 | 5,042,460 | 4,548,649 | 4,583,077 | 4,374,031 | 4,249,790 | 3,955,463 | 3,888,823 | 3,450,660 |
Gross Profit | 8,729,646 | 2,792,255 | 9,971,284 | 10,961,265 | 11,925,791 | 11,791,848 | 10,752,355 | 10,661,353 | 9,550,779 | 10,169,628 | 11,653,386 | 11,646,566 | 11,699,358 |
Admin Expenses | 8,037,712 | 4,546,754 | 11,292,404 | 13,420,177 | 12,887,296 | 12,327,158 | 10,964,396 | 10,394,366 | 10,173,204 | 10,296,625 | 12,046,518 | 11,313,010 | |
Operating Profit | 691,934 | -1,754,499 | -1,321,120 | -2,458,912 | -961,505 | -535,310 | -212,041 | 266,987 | -622,425 | -126,997 | -399,952 | 386,348 | |
Interest Payable | 357,794 | 103,891 | 82,633 | 93,223 | 140,150 | 142,290 | 230,366 | 224,848 | 190,469 | 175,728 | 219,502 | 170,579 | 73,067 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,120 | 16 | 24 | 19 |
Pre-Tax Profit | 334,140 | -1,858,390 | -1,403,753 | -2,557,970 | -755,025 | -711,390 | -545,240 | 18,907 | -1,487,000 | -295,606 | -1,814,959 | -809,098 | 1,233,483 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | -125,168 | 92,124 | 158,278 | 55,725 | 248,589 | 100,452 | -454,500 |
Profit After Tax | 334,140 | -1,858,390 | -1,403,753 | -2,557,970 | -755,025 | -711,390 | -670,408 | 111,031 | -1,328,722 | -239,881 | -1,566,370 | -708,646 | 778,983 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 334,140 | -1,858,390 | -1,403,753 | -2,557,970 | -755,025 | -711,390 | -670,408 | 111,031 | -1,328,722 | -239,881 | -1,566,370 | -708,646 | 778,983 |
Employee Costs | 4,352,251 | 3,783,179 | 5,557,633 | 5,868,605 | 5,975,166 | 6,022,553 | 5,360,069 | 5,257,593 | 5,177,866 | 5,422,736 | 5,962,664 | 5,961,025 | 5,762,382 |
Number Of Employees | 208 | 177 | 266 | 294 | 308 | 360 | 344 | 339 | 347 | 377 | 417 | 423 | 430 |
EBITDA* | 1,039,505 | -1,287,864 | -122,039 | -108,138 | 899,090 | 866,810 | 758,317 | 1,145,505 | 134,860 | 719,479 | 593,066 | 1,375,901 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,503,641 | 2,224,602 | 2,761,094 | 4,410,942 | 7,006,889 | 9,230,278 | 8,826,351 | 7,995,637 | 7,862,440 | 9,210,410 | 11,790,497 | 14,340,127 | 14,717,724 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 551,759 | 298,866 | 1,072,492 | 695,402 | 1,150,553 | 1,357,960 | 1,789,987 | 2,048,986 | 1,859,096 | 2,478,929 | 3,406,983 | 3,783,000 | 0 |
Total Fixed Assets | 3,055,400 | 2,523,468 | 3,833,586 | 4,410,942 | 7,006,889 | 9,230,278 | 8,826,351 | 7,995,637 | 7,862,440 | 9,210,410 | 11,790,497 | 14,340,127 | 14,717,724 |
Stock & work in progress | 793,042 | 481,825 | 601,164 | 666,765 | 844,717 | 875,490 | 968,601 | 988,155 | 1,381,058 | 1,135,602 | 1,072,046 | 1,010,028 | 784,378 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,350,761 |
Misc Debtors | 1,333,225 | 815,523 | 329,904 | 1,531,143 | 1,412,093 | 1,448,528 | 1,154,439 | 510,284 | 481,729 | 450,309 | 561,915 | 593,055 | 1,529,011 |
Cash | 804,274 | 251,263 | 220,025 | 543,863 | 263,805 | 222,430 | 192,212 | 901,928 | 218,012 | 304,095 | 548,831 | 399,055 | 710,091 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 286,874 | 984,036 | 0 | 0 | 420,500 | 0 |
total current assets | 2,930,541 | 1,548,611 | 1,151,093 | 2,741,771 | 2,520,615 | 2,546,448 | 2,315,252 | 2,687,241 | 3,064,835 | 1,890,006 | 2,182,792 | 2,422,638 | 5,374,241 |
total assets | 5,985,941 | 4,072,079 | 4,984,679 | 7,152,713 | 9,527,504 | 11,776,726 | 11,141,603 | 10,682,878 | 10,927,275 | 11,100,416 | 13,973,289 | 16,762,765 | 20,091,965 |
Bank overdraft | 0 | 0 | 0 | 261,359 | 523,875 | 902,732 | 485,529 | 262,728 | 262,728 | 0 | 300,000 | 300,000 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 2,958,446 | 2,079,606 | 675,008 | 3,558,278 | 809,443 | 1,845,890 | 1,413,329 | 653,978 | 977,342 | 615,956 | 1,215,716 | 1,391,555 | 790,125 |
Group/Directors Accounts | 0 | 0 | 739,232 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 | 3,153 |
other current liabilities | 2,688,249 | 2,158,228 | 1,641,116 | 0 | 2,041,781 | 1,596,799 | 1,550,084 | 1,579,441 | 1,348,777 | 1,113,666 | 1,976,705 | 1,912,252 | 1,944,752 |
total current liabilities | 5,646,695 | 4,237,834 | 3,055,356 | 3,819,637 | 3,375,099 | 4,345,421 | 3,448,942 | 2,496,147 | 2,588,847 | 1,729,622 | 3,492,421 | 3,603,807 | 2,738,030 |
loans | 9,918,363 | 9,747,502 | 2,889,348 | 2,889,348 | 3,412,066 | 4,459,816 | 3,559,748 | 3,207,072 | 6,621,876 | 5,778,696 | 4,518,284 | 6,244,546 | 6,478,480 |
hp & lease commitments | 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 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,268,912 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250,468 | 361,918 | 859,096 | 1,060,000 |
total long term liabilities | 9,918,363 | 9,747,502 | 2,889,348 | 2,889,348 | 3,150,707 | 3,674,582 | 3,224,548 | 3,048,210 | 3,310,938 | 3,014,582 | 3,884,775 | 4,996,495 | 8,482,826 |
total liabilities | 15,565,058 | 13,985,336 | 5,944,704 | 6,708,985 | 6,525,806 | 8,020,003 | 6,673,490 | 5,544,357 | 5,899,785 | 4,744,204 | 7,377,196 | 8,600,302 | 11,220,856 |
net assets | -9,579,117 | -9,913,257 | -960,025 | 443,728 | 3,001,698 | 3,756,723 | 4,468,113 | 5,138,521 | 5,027,490 | 6,356,212 | 6,596,093 | 8,162,463 | 8,871,109 |
total shareholders funds | -9,579,117 | -9,913,257 | -960,025 | 443,728 | 3,001,698 | 3,756,723 | 4,468,113 | 5,138,521 | 5,027,490 | 6,356,212 | 6,596,093 | 8,162,463 | 8,871,109 |
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | 691,934 | -1,754,499 | -1,321,120 | -2,458,912 | -961,505 | -535,310 | -212,041 | 266,987 | -622,425 | -126,997 | -399,952 | 386,348 | |
Depreciation | 347,571 | 466,635 | 1,199,081 | 2,350,774 | 1,860,595 | 1,402,120 | 970,358 | 878,518 | 757,285 | 846,476 | 2,624,051 | 962,638 | 962,638 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,380 | 26,915 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | -125,168 | 92,124 | 158,278 | 55,725 | 248,589 | 100,452 | -454,500 |
Stock | 311,217 | -119,339 | -65,601 | -177,952 | -30,773 | -93,111 | -19,554 | -392,903 | 245,456 | 63,556 | 62,018 | 225,650 | 784,378 |
Debtors | 770,595 | -288,007 | -824,149 | -336,101 | -243,842 | -137,938 | 385,156 | 218,445 | -588,413 | -1,039,660 | -407,157 | 496,283 | 3,879,772 |
Creditors | 878,840 | 1,404,598 | -2,883,270 | 2,748,835 | -1,036,447 | 432,561 | 759,351 | -323,364 | 361,386 | -599,760 | -175,839 | 601,430 | 790,125 |
Accruals and Deferred Income | 530,021 | 517,112 | 1,641,116 | -2,041,781 | 444,982 | 46,715 | -29,357 | 230,664 | 235,111 | -863,039 | 64,453 | -32,500 | 1,944,752 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -250,468 | -111,450 | -497,178 | -200,904 | 1,060,000 |
Cash flow from operations | 1,366,554 | 1,041,192 | -474,443 | 1,112,969 | 582,240 | 1,577,135 | 997,541 | 1,319,387 | 982,124 | 177,059 | 339,611 | 52,128 | |
Investing Activities | |||||||||||||
capital expenditure | 0 | 0 | 0 | ||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | ||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -739,232 | 739,232 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 170,861 | 6,858,154 | 0 | -522,718 | -1,047,750 | 900,068 | 352,676 | -3,414,804 | 843,180 | 1,260,412 | -1,726,262 | -233,934 | 6,478,480 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,153 | 3,153 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,268,912 | 3,268,912 |
share issue | |||||||||||||
interest | -357,794 | -103,891 | -82,633 | -93,223 | -140,150 | -142,290 | -230,366 | -224,848 | -190,469 | -168,608 | -219,486 | -170,555 | -73,048 |
cash flow from financing | -186,933 | -1,079,811 | 656,599 | -615,941 | -1,187,900 | 757,778 | 122,310 | -3,639,652 | 652,711 | 1,091,804 | -1,945,748 | -3,676,554 | 17,769,623 |
cash and cash equivalents | |||||||||||||
cash | 553,011 | 31,238 | -323,838 | 280,058 | 41,375 | 30,218 | -709,716 | 683,916 | -86,083 | -244,736 | 149,776 | -311,036 | 710,091 |
overdraft | 0 | 0 | -261,359 | -262,516 | -378,857 | 417,203 | 222,801 | 0 | 262,728 | -300,000 | 0 | 300,000 | 0 |
change in cash | 553,011 | 31,238 | -62,479 | 542,574 | 420,232 | -386,985 | -932,517 | 683,916 | -348,811 | 55,264 | 149,776 | -611,036 | 710,091 |
P&L
March 2022turnover
12.2m
+206%
operating profit
691.9k
-139%
gross margin
71.6%
+2.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-9.6m
-0.03%
total assets
6m
+0.47%
cash
804.3k
+2.2%
net assets
Total assets minus all liabilities
ping pong limited company details
company number
05126756
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
May 2004
age
20
accounts
Full Accounts
ultimate parent company
previous names
risen limited (December 2004)
incorporated
UK
address
pearl assurance house, 319 ballards lane, london, N12 8LY
last accounts submitted
March 2022
ping pong 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 33 charges/mortgages relating to ping pong limited. Currently there are 8 open charges and 25 have been satisfied in the past.
ping pong limited Companies House Filings - See Documents
date | description | view/download |
---|