ethnic touch limited

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ethnic touch limited Company Information

Share ETHNIC TOUCH LIMITED

Company Number

05214596

Shareholders

c.s. sekhon

m.k. sekhon

Group Structure

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Industry

Retail sale of textiles in specialised stores

 

Registered Address

6 conway road, hounslow, middlesex, TW4 5LR

ethnic touch limited Estimated Valuation

£545k

Pomanda estimates the enterprise value of ETHNIC TOUCH LIMITED at £545k based on a Turnover of £960.5k and 0.57x industry multiple (adjusted for size and gross margin).

ethnic touch limited Estimated Valuation

£313.4k

Pomanda estimates the enterprise value of ETHNIC TOUCH LIMITED at £313.4k based on an EBITDA of £80.1k and a 3.91x industry multiple (adjusted for size and gross margin).

ethnic touch limited Estimated Valuation

£737.2k

Pomanda estimates the enterprise value of ETHNIC TOUCH LIMITED at £737.2k based on Net Assets of £275.8k and 2.67x industry multiple (adjusted for liquidity).

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Ethnic Touch Limited Overview

Ethnic Touch Limited is a live company located in middlesex, TW4 5LR with a Companies House number of 05214596. It operates in the retail sale of textiles in specialised stores sector, SIC Code 47510. Founded in August 2004, it's largest shareholder is c.s. sekhon with a 50% stake. Ethnic Touch Limited is a mature, small sized company, Pomanda has estimated its turnover at £960.5k with rapid growth in recent years.

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Ethnic Touch Limited Health Check

Pomanda's financial health check has awarded Ethnic Touch Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £960.5k, make it larger than the average company (£649.5k)

£960.5k - Ethnic Touch Limited

£649.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (8.5%)

34% - Ethnic Touch Limited

8.5% - Industry AVG

production

Production

with a gross margin of 32.9%, this company has a higher cost of product (47.6%)

32.9% - Ethnic Touch Limited

47.6% - Industry AVG

profitability

Profitability

an operating margin of 8.3% make it more profitable than the average company (4.3%)

8.3% - Ethnic Touch Limited

4.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (18)

2 - Ethnic Touch Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.2k, the company has an equivalent pay structure (£24.2k)

£24.2k - Ethnic Touch Limited

£24.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £480.2k, this is more efficient (£128.5k)

£480.2k - Ethnic Touch Limited

£128.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 139 days, this is later than average (24 days)

139 days - Ethnic Touch Limited

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 51 days, this is slower than average (43 days)

51 days - Ethnic Touch Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ethnic Touch Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ethnic Touch Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 25.2%, this is a lower level of debt than the average (76.8%)

25.2% - Ethnic Touch Limited

76.8% - Industry AVG

ETHNIC TOUCH LIMITED financials

EXPORTms excel logo

Ethnic Touch Limited's latest turnover from August 2023 is estimated at £960.5 thousand and the company has net assets of £275.8 thousand. According to their latest financial statements, Ethnic Touch Limited has 2 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
Turnover960,488747,091621,288400,742519,370611,606605,420388,798319,931240,065166,022159,184223,545477,5320
Other Income Or Grants000000000000000
Cost Of Sales644,480481,845454,650278,591374,611418,361413,817261,203197,947159,740108,852111,487154,980327,0210
Gross Profit316,009265,246166,638122,151144,759193,245191,603127,595121,98480,32457,17147,69868,565150,5110
Admin Expenses235,914200,869135,453104,561129,743165,152171,596116,766141,95796,48884,85077,02547,871104,520-145,481
Operating Profit80,09564,37731,18517,59015,01628,09320,00710,829-19,973-16,164-27,679-29,32720,69445,991145,481
Interest Payable000000000000000
Interest Receivable000000171273573790800770670463184
Pre-Tax Profit80,09564,37731,18517,59015,01628,09320,17811,103-19,400-15,374-26,879-28,55721,36446,454145,665
Tax-20,024-12,232-5,925-3,342-2,853-5,338-3,834-2,2200000-5,555-13,007-40,786
Profit After Tax60,07152,14525,26014,24812,16322,75516,3448,882-19,400-15,374-26,879-28,55715,80933,447104,879
Dividends Paid000000000000000
Retained Profit60,07152,14525,26014,24812,16322,75516,3448,882-19,400-15,374-26,879-28,55715,80933,447104,879
Employee Costs48,39946,34737,45537,15836,48536,70940,79670,00052,93732,10033,58734,86228,95871,4130
Number Of Employees222222243222250
EBITDA*80,09564,37731,18517,59015,01628,09320,00712,178-18,523-14,480-25,574-26,96020,69445,991145,481

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets1,1421,4282,7793,4743,5193,4524,3145,3935,8016,7348,4189,467000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,1421,4282,7793,4743,5193,4524,3145,3935,8016,7348,4189,467000
Stock & work in progress000000034,00045,00012,0005,0005,0005,0005,00010,000
Trade Debtors367,628294,963250,539230,552226,010241,376208,19452,28783,93483,67640,15435,56654,562110,45372,889
Group Debtors000000000000000
Misc Debtors01,4171,6872,1062,5860000000000
Cash0000000136,93081,496147,788168,169151,683156,488111,42573,656
misc current assets000003,1662,50700000000
total current assets367,628296,380252,226232,658228,596244,542210,701223,217210,430243,464213,323192,249216,050226,878156,545
total assets368,770297,808255,005236,132232,115247,994215,015228,610216,231250,198221,741201,716216,050226,878156,545
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 91,47780,73690,22896,615106,846135,058124,964155,8019,14610,0499,4929,7849,9166,50051,664
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities00000000143,158156,822113,54866,35251,99782,0500
total current liabilities91,47780,73690,22896,615106,846135,058124,964155,801152,304166,871123,04076,13661,91388,55051,664
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income1,5001,3501,2001,2001,2001,03090000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities1,5001,3501,2001,2001,2001,03090000000000
total liabilities92,97782,08691,42897,815108,046136,088125,864155,801152,304166,871123,04076,13661,91388,55051,664
net assets275,793215,722163,577138,317124,069111,90689,15172,80963,92783,32798,701125,580154,137138,328104,881
total shareholders funds275,793215,722163,577138,317124,069111,90689,15172,80963,92783,32798,701125,580154,137138,328104,881
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit80,09564,37731,18517,59015,01628,09320,00710,829-19,973-16,164-27,679-29,32720,69445,991145,481
Depreciation00000001,3491,4501,6842,1052,367000
Amortisation000000000000000
Tax-20,024-12,232-5,925-3,342-2,853-5,338-3,834-2,2200000-5,555-13,007-40,786
Stock000000-34,000-11,00033,0007,000000-5,00010,000
Debtors71,24844,15419,5684,062-12,78033,182155,907-31,64725843,5224,588-18,996-55,89137,56472,889
Creditors10,741-9,492-6,387-10,231-28,21210,094-30,837146,655-903557-292-1323,416-45,16451,664
Accruals and Deferred Income15015000170130900-143,158-13,66443,27447,19614,355-30,05382,0500
Deferred Taxes & Provisions000000000000000
Cash flow from operations-286-1,351-695-45-3,099-203-135,67156,102-66,348-21,17116,7426,25944,39337,30673,470
Investing Activities
capital expenditure2861,35169545-678621,079-941-5170-1,056-11,834000
Change in Investments000000000000000
cash flow from investments2861,35169545-678621,079-941-5170-1,056-11,834000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000-200000002
interest000000171273573790800770670463184
cash flow from financing000000169273573790800770670463186
cash and cash equivalents
cash000000-136,93055,434-66,292-20,38116,486-4,80545,06337,76973,656
overdraft000000000000000
change in cash000000-136,93055,434-66,292-20,38116,486-4,80545,06337,76973,656

ethnic touch 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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Ethnic Touch Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ethnic touch limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in TW4 area or any other competitors across 12 key performance metrics.

ethnic touch limited Ownership

ETHNIC TOUCH LIMITED group structure

Ethnic Touch Limited has no subsidiary companies.

Ultimate parent company

ETHNIC TOUCH LIMITED

05214596

ETHNIC TOUCH LIMITED Shareholders

c.s. sekhon 50%
m.k. sekhon 50%

ethnic touch limited directors

Ethnic Touch Limited currently has 1 director, Charanjit Sekhon serving since Aug 2004.

officercountryagestartendrole
Charanjit Sekhon67 years Aug 2004- Director

P&L

August 2023

turnover

960.5k

+29%

operating profit

80.1k

0%

gross margin

33%

-7.33%

turnover

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

Balance Sheet

August 2023

net assets

275.8k

+0.28%

total assets

368.8k

+0.24%

cash

0

0%

net assets

Total assets minus all liabilities

ethnic touch limited company details

company number

05214596

Type

Private limited with Share Capital

industry

47510 - Retail sale of textiles in specialised stores

incorporation date

August 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2023

previous names

N/A

accountant

WARREN SHARPE & KAZMI

auditor

-

address

6 conway road, hounslow, middlesex, TW4 5LR

Bank

-

Legal Advisor

-

ethnic touch 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 ethnic touch limited.

ethnic touch 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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ethnic touch limited Companies House Filings - See Documents

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