star brands (holdings) limited

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star brands (holdings) limited Company Information

Share STAR BRANDS (HOLDINGS) LIMITED

Company Number

05156476

Shareholders

clean bidco ltd

Group Structure

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Industry

Manufacture of soap and detergents

 +1

Registered Address

suite 1, 1175 century way, thorpe park, leeds, LS15 8ZB

star brands (holdings) limited Estimated Valuation

£6.9m

Pomanda estimates the enterprise value of STAR BRANDS (HOLDINGS) LIMITED at £6.9m based on a Turnover of £5m and 1.38x industry multiple (adjusted for size and gross margin).

star brands (holdings) limited Estimated Valuation

£43.6m

Pomanda estimates the enterprise value of STAR BRANDS (HOLDINGS) LIMITED at £43.6m based on an EBITDA of £5m and a 8.72x industry multiple (adjusted for size and gross margin).

star brands (holdings) limited Estimated Valuation

£19.4m

Pomanda estimates the enterprise value of STAR BRANDS (HOLDINGS) LIMITED at £19.4m based on Net Assets of £8.6m and 2.26x industry multiple (adjusted for liquidity).

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Star Brands (holdings) Limited Overview

Star Brands (holdings) Limited is a live company located in leeds, LS15 8ZB with a Companies House number of 05156476. It operates in the manufacture of soap and detergents sector, SIC Code 20411. Founded in June 2004, it's largest shareholder is clean bidco ltd with a 100% stake. Star Brands (holdings) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5m with rapid growth in recent years.

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Star Brands (holdings) Limited Health Check

Pomanda's financial health check has awarded Star Brands (Holdings) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

2 Weak

size

Size

annual sales of £5m, make it smaller than the average company (£29.1m)

£5m - Star Brands (holdings) Limited

£29.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 77%, show it is growing at a faster rate (8.3%)

77% - Star Brands (holdings) Limited

8.3% - Industry AVG

production

Production

with a gross margin of 100%, this company has a lower cost of product (32.1%)

100% - Star Brands (holdings) Limited

32.1% - Industry AVG

profitability

Profitability

an operating margin of 99% make it more profitable than the average company (6.5%)

99% - Star Brands (holdings) Limited

6.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (101)

3 - Star Brands (holdings) Limited

101 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.2k, the company has an equivalent pay structure (£37.2k)

£37.2k - Star Brands (holdings) Limited

£37.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.7m, this is more efficient (£218.2k)

£1.7m - Star Brands (holdings) Limited

£218.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Star Brands (holdings) Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Star Brands (holdings) Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Star Brands (holdings) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Star Brands (holdings) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.2%, this is a lower level of debt than the average (51.8%)

9.2% - Star Brands (holdings) Limited

51.8% - Industry AVG

STAR BRANDS (HOLDINGS) LIMITED financials

EXPORTms excel logo

Star Brands (Holdings) Limited's latest turnover from August 2023 is £5 million and the company has net assets of £8.6 million. According to their latest financial statements, Star Brands (Holdings) Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover5,000,6332,279,0421,445,504897,352441,90424,041,46918,943,53417,225,31617,095,00715,170,62012,575,57510,439,6639,496,8059,077,4997,478,215
Other Income Or Grants
Cost Of Sales16,694,09312,579,05811,206,46011,546,17110,741,2528,813,4297,287,1426,615,2466,060,0975,237,212
Gross Profit5,000,6332,279,0421,445,504897,352441,9047,347,3766,364,4766,018,8565,548,8364,429,3683,762,1463,152,5212,881,5593,017,4022,241,003
Admin Expenses48,32748,32748,32748,32748,3276,158,6725,524,6125,121,3874,719,1143,998,9613,243,4452,745,2952,626,0852,553,8722,081,107
Operating Profit4,952,3062,230,7151,397,177849,025393,5771,188,704839,864897,469829,722430,407518,701407,226255,474463,530159,896
Interest Payable69048,32787,91158,55255,70664,38784,19085,67491,53190,26693,215115,824
Interest Receivable1431,159
Pre-Tax Profit4,951,6162,230,7151,397,177849,025393,5771,004,912781,312841,906765,335342,944433,027315,695165,208370,31545,231
Tax-1,065,344-423,837-265,463-161,315-181,128-118,405-120,687-68,884-96,242-111,490-77,765-33,861-42,00060,000
Profit After Tax3,886,2721,806,8781,131,714687,710393,577823,784662,907721,219696,451246,702321,537237,930131,347328,315105,231
Dividends Paid200,899
Retained Profit3,886,2721,806,8781,131,714687,710393,577823,784462,008721,219696,451246,702321,537237,930131,347328,315105,231
Employee Costs111,631103,98197,382103,71295,5693,778,9093,113,3262,942,2482,676,5322,266,8911,711,3731,541,1161,480,2811,380,7361,154,168
Number Of Employees33333107959391796355535652
EBITDA*5,000,6332,279,0421,445,414897,352441,9041,645,2041,335,8571,250,5101,238,210829,151837,933668,088476,210622,667251,451

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets2,046,9861,861,9241,715,4611,535,0011,435,5221,550,6581,128,9041,049,429957,044510,087
Intangible Assets193,393241,720290,047338,374386,701480,596832,120933,583975,3511,060,285756,163815,647875,131934,615985,453
Investments & Other228,817228,817228,817228,817228,817
Debtors (Due After 1 year)2,0002,0002,000
Total Fixed Assets422,210470,537518,864567,191615,5182,529,5822,696,0442,651,0442,510,3522,495,8072,306,8211,944,5511,924,5601,891,6591,495,540
Stock & work in progress2,761,8832,139,8941,469,0821,559,6221,464,4201,177,810961,619899,052590,368829,119
Trade Debtors4,928,3573,845,7563,189,2993,328,3992,600,6502,125,0301,534,3051,696,3771,564,1131,182,781
Group Debtors8,994,7577,244,6975,749,4054,489,4301,565,645
Misc Debtors285,345159,122197,575144,021159,284191,28096,48467,64299,471151,673
Cash78,23216,87633,84956,930184,8828,7581,63343,5222,33649,031
misc current assets
total current assets8,994,7577,244,6975,749,4054,489,4301,565,6458,053,8176,161,6484,889,8055,088,9724,409,2363,502,8782,594,0412,706,5932,256,2882,212,604
total assets9,416,9677,715,2346,268,2695,056,6212,181,16310,583,3998,857,6927,540,8497,599,3246,905,0435,809,6994,538,5924,631,1534,147,9473,708,144
Bank overdraft1,796,4572,006,7742,058,830444,61312,124839,662446,876714,294
Bank loan1,774,6891,121,577404,893283,573
Trade Creditors 4,203,6573,050,2422,159,8632,473,1172,539,8551,833,1821,558,6851,452,9561,389,3191,243,673
Group/Directors Accounts2,766,0473,224,9343,168,5481,142,115
other short term finances
hp & lease commitments187,816158,97415,7742,618
other current liabilities865,345283,837184,863161,3151,301,3061,203,2811,252,3101,070,8101,051,9331,159,836561,520516,216611,622369,993
total current liabilities865,3453,049,8843,409,7973,329,8631,142,1157,489,2366,419,2715,486,7775,318,6164,713,3653,842,5242,415,9022,808,8342,447,8172,330,578
loans115,325176,221234,654640,282650,6831,210,7351,220,2941,229,4521,235,203
hp & lease commitments470,663537,73053,292
Accruals and Deferred Income
other liabilities
provisions165,000150,650151,850151,850143,201155,00072,000
total long term liabilities635,663803,705381,363386,504783,483805,6831,282,7351,220,2941,229,4521,235,203
total liabilities865,3453,049,8843,409,7973,329,8631,142,1158,124,8997,222,9765,868,1405,705,1205,496,8484,648,2073,698,6374,029,1283,677,2693,565,781
net assets8,551,6224,665,3502,858,4721,726,7581,039,0482,458,5001,634,7161,672,7091,894,2041,408,1951,161,492839,955602,025470,678142,363
total shareholders funds8,551,6224,665,3502,858,4721,726,7581,039,0482,458,5001,634,7161,672,7091,894,2041,408,1951,161,492839,955602,025470,678142,363
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit4,952,3062,230,7151,397,177849,025393,5771,188,704839,864897,469829,722430,407518,701407,226255,474463,530159,896
Depreciation349,049382,063304,714325,351326,207259,748201,378161,252108,29942,446
Amortisation48,32748,32748,23748,32748,327107,451113,93048,32783,13772,53759,48459,48459,48450,83849,109
Tax-1,065,344-423,837-265,463-161,315-181,128-118,405-120,687-68,884-96,242-111,490-77,765-33,861-42,00060,000
Stock-2,761,883621,989670,812-90,54095,202286,610216,19162,567308,684-238,751829,119
Debtors1,750,0601,495,2921,259,9752,923,785-3,650,0571,208,824618,004-83,546712,486443,624685,521-133,230100,435329,1301,334,454
Creditors-4,203,6571,153,415890,379-313,254-66,738706,673274,497105,72963,637145,6461,243,673
Accruals and Deferred Income581,50898,97423,548161,315-1,301,30698,025-49,029181,50018,877-107,903598,31645,304-95,406241,629369,993
Deferred Taxes & Provisions-165,00014,350-1,2008,649-11,79983,00072,000
Cash flow from operations2,766,737458,887-56,476-2,026,4331,183,881899,053768,7861,172,155322,426589,646780,544884,0191,461877,563-238,456
Investing Activities
capital expenditure902,092,554-477,187213,339-542,188-426,910-205,518-681,502-280,853-253,637-555,256-381,776
Change in Investments228,817
cash flow from investments901,863,737-477,187213,339-542,188-426,910-205,518-681,502-280,853-253,637-555,256-381,776
Financing Activities
Bank loans-1,774,689653,112716,684121,320283,573
Group/Directors Accounts-2,766,047-458,88756,3862,026,4331,142,115
Other Short Term Loans
Long term loans-115,325-60,896-58,433-405,628-10,401-560,052-9,559-9,158-5,7511,235,203
Hire Purchase and Lease Commitments-658,479-38,225627,63869,066-2,6182,618
other long term liabilities
share issue-1,813,029-500,001-942,714-210,442137,132
interest-690-48,327-87,911-58,552-55,563-64,387-84,190-85,674-91,531-90,266-93,215-114,665
cash flow from financing-2,766,737-507,21456,3862,026,433-1,329,393-241,4618,189-2,762,333-27,345622,094-524,406182,483-99,424-101,5841,160,288
cash and cash equivalents
cash-78,23261,356-16,973-23,081-127,952176,1247,125-41,88941,186-46,69549,031
overdraft-1,796,457-210,317-52,0562,058,830-444,613432,489-827,538392,786-267,418714,294
change in cash1,718,225271,67335,083-2,081,911-127,952620,737-425,364785,649-351,600220,723-665,263

star brands (holdings) 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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Star Brands (holdings) Limited Competitor Analysis

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Perform a competitor analysis for star brands (holdings) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in LS15 area or any other competitors across 12 key performance metrics.

star brands (holdings) limited Ownership

STAR BRANDS (HOLDINGS) LIMITED group structure

Star Brands (Holdings) Limited has 4 subsidiary companies.

STAR BRANDS (HOLDINGS) LIMITED Shareholders

clean bidco ltd 100%

star brands (holdings) limited directors

Star Brands (Holdings) Limited currently has 3 directors. The longest serving directors include Mr Timothy North (Jul 2019) and Mr Henrik Nygaard Pade (Jul 2019).

officercountryagestartendrole
Mr Timothy NorthUnited Kingdom59 years Jul 2019- Director
Mr Henrik Nygaard PadeEngland62 years Jul 2019- Director
Mr Gavin ThomasUnited Kingdom50 years Jul 2019- Director

P&L

August 2023

turnover

5m

+119%

operating profit

5m

+122%

gross margin

100%

0%

turnover

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

Balance Sheet

August 2023

net assets

8.6m

+0.83%

total assets

9.4m

+0.22%

cash

0

0%

net assets

Total assets minus all liabilities

star brands (holdings) limited company details

company number

05156476

Type

Private limited with Share Capital

industry

20411 - Manufacture of soap and detergents

20412 - Manufacture of cleaning and polishing preparations

incorporation date

June 2004

age

21

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

August 2023

previous names

star brands limited (May 2009)

brentcote limited (October 2008)

accountant

GRANT THORNTON UK LLP

auditor

-

address

suite 1, 1175 century way, thorpe park, leeds, LS15 8ZB

Bank

-

Legal Advisor

-

star brands (holdings) 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 5 charges/mortgages relating to star brands (holdings) limited. Currently there are 1 open charges and 4 have been satisfied in the past.

star brands (holdings) 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.

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star brands (holdings) limited Companies House Filings - See Documents

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