sphere consumer products limited
sphere consumer products limited Company Information
Company Number
05217791
Website
www.sphere.euRegistered Address
suite g04-7, chadwick house, warrington road, warrington, cheshire, WA3 6AE
Industry
Wholesale of household goods (other than musical instruments) n.e.c.
Telephone
01432262626
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
sphere consolidated holding uk limited 100%
sphere consumer products limited Estimated Valuation
Pomanda estimates the enterprise value of SPHERE CONSUMER PRODUCTS LIMITED at £18.1m based on a Turnover of £47.7m and 0.38x industry multiple (adjusted for size and gross margin).
sphere consumer products limited Estimated Valuation
Pomanda estimates the enterprise value of SPHERE CONSUMER PRODUCTS LIMITED at £6.5m based on an EBITDA of £1.3m and a 4.86x industry multiple (adjusted for size and gross margin).
sphere consumer products limited Estimated Valuation
Pomanda estimates the enterprise value of SPHERE CONSUMER PRODUCTS LIMITED at £2.6m based on Net Assets of £1.5m and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sphere Consumer Products Limited Overview
Sphere Consumer Products Limited is a live company located in warrington, WA3 6AE with a Companies House number of 05217791. It operates in the wholesale of household goods (other than musical instruments) n.e.c. sector, SIC Code 46499. Founded in August 2004, it's largest shareholder is sphere consolidated holding uk limited with a 100% stake. Sphere Consumer Products Limited is a mature, large sized company, Pomanda has estimated its turnover at £47.7m with high growth in recent years.
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Sphere Consumer Products Limited Health Check
Pomanda's financial health check has awarded Sphere Consumer Products Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £47.7m, make it larger than the average company (£22m)
£47.7m - Sphere Consumer Products Limited
£22m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (4.6%)
16% - Sphere Consumer Products Limited
4.6% - Industry AVG
Production
with a gross margin of 10.4%, this company has a higher cost of product (32%)
10.4% - Sphere Consumer Products Limited
32% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (4.3%)
2.7% - Sphere Consumer Products Limited
4.3% - Industry AVG
Employees
with 9 employees, this is below the industry average (64)
9 - Sphere Consumer Products Limited
64 - Industry AVG
Pay Structure
on an average salary of £78.2k, the company has a higher pay structure (£44k)
£78.2k - Sphere Consumer Products Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £5.3m, this is more efficient (£354.4k)
£5.3m - Sphere Consumer Products Limited
£354.4k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (50 days)
54 days - Sphere Consumer Products Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (30 days)
4 days - Sphere Consumer Products Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 43 days, this is less than average (107 days)
43 days - Sphere Consumer Products Limited
107 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Sphere Consumer Products Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.7%, this is a higher level of debt than the average (49.3%)
88.7% - Sphere Consumer Products Limited
49.3% - Industry AVG
SPHERE CONSUMER PRODUCTS LIMITED financials
Sphere Consumer Products Limited's latest turnover from December 2023 is £47.7 million and the company has net assets of £1.5 million. According to their latest financial statements, Sphere Consumer Products Limited has 9 employees and maintains cash reserves of £205 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 47,654,000 | 47,860,000 | 37,286,000 | 30,297,000 | 15,926,000 | 13,593,000 | 10,365,000 | 6,913,000 | 8,419,000 | 8,277,000 | 7,639,000 | 7,144,000 | 16,722,000 | 25,929,000 | 24,030,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 42,683,000 | 43,434,000 | 34,315,000 | 27,891,000 | 14,469,000 | 12,205,000 | 9,130,000 | 5,900,000 | 7,505,000 | 7,205,000 | 6,454,000 | 6,052,000 | 14,239,000 | 22,067,000 | 20,255,000 |
| Gross Profit | 4,971,000 | 4,426,000 | 2,971,000 | 2,406,000 | 1,457,000 | 1,388,000 | 1,235,000 | 1,013,000 | 914,000 | 1,072,000 | 1,185,000 | 1,092,000 | 2,483,000 | 3,862,000 | 3,775,000 |
| Admin Expenses | 3,677,000 | 3,882,000 | 2,932,000 | 1,667,000 | 1,385,000 | 1,245,000 | 1,054,000 | 1,009,000 | 1,134,000 | 1,826,000 | 2,072,000 | 1,869,000 | 2,583,000 | 3,201,000 | 3,226,000 |
| Operating Profit | 1,294,000 | 544,000 | 39,000 | 739,000 | 72,000 | 143,000 | 181,000 | 4,000 | -220,000 | -754,000 | -887,000 | -777,000 | -100,000 | 661,000 | 549,000 |
| Interest Payable | 318,000 | 97,000 | 32,000 | 24,000 | 26,000 | 31,000 | 24,000 | 24,000 | 34,000 | 27,000 | 22,000 | 16,000 | 90,000 | 91,000 | 31,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 976,000 | 447,000 | 7,000 | 715,000 | 46,000 | 112,000 | 157,000 | -20,000 | -254,000 | -781,000 | -909,000 | -793,000 | -190,000 | 570,000 | 518,000 |
| Tax | -199,000 | -82,000 | -2,000 | -131,000 | 228,000 | 0 | 0 | 1,000 | 50,000 | 39,000 | 0 | 144,000 | 0 | -152,000 | -71,000 |
| Profit After Tax | 777,000 | 365,000 | 5,000 | 584,000 | 274,000 | 112,000 | 157,000 | -19,000 | -204,000 | -742,000 | -909,000 | -649,000 | -190,000 | 418,000 | 447,000 |
| Dividends Paid | 190,000 | 60,000 | 0 | 0 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 587,000 | 305,000 | 5,000 | 584,000 | 174,000 | 112,000 | 157,000 | -19,000 | -204,000 | -742,000 | -909,000 | -649,000 | -190,000 | 418,000 | 447,000 |
| Employee Costs | 704,000 | 615,000 | 576,000 | 546,000 | 516,000 | 463,000 | 442,000 | 438,000 | 457,000 | 701,000 | 885,000 | 778,000 | 1,161,000 | 1,799,000 | 1,786,000 |
| Number Of Employees | 9 | 9 | 8 | 7 | 7 | 6 | 5 | 5 | 5 | 22 | 30 | 30 | 36 | 63 | 65 |
| EBITDA* | 1,331,000 | 575,000 | 59,000 | 757,000 | 88,000 | 158,000 | 204,000 | 30,000 | -200,000 | -607,000 | -636,000 | -506,000 | 189,000 | 910,000 | 820,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 155,000 | 82,000 | 34,000 | 46,000 | 61,000 | 32,000 | 14,000 | 36,000 | 60,000 | 41,000 | 381,000 | 604,000 | 875,000 | 1,153,000 | 1,005,000 |
| Intangible Assets | 39,000 | 0 | 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 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 97,000 |
| Total Fixed Assets | 194,000 | 82,000 | 34,000 | 46,000 | 61,000 | 32,000 | 14,000 | 36,000 | 60,000 | 41,000 | 381,000 | 604,000 | 875,000 | 1,153,000 | 1,102,000 |
| Stock & work in progress | 5,035,000 | 10,313,000 | 2,150,000 | 2,085,000 | 2,007,000 | 1,101,000 | 1,319,000 | 893,000 | 725,000 | 972,000 | 1,661,000 | 1,546,000 | 1,579,000 | 3,373,000 | 2,353,000 |
| Trade Debtors | 7,077,000 | 8,661,000 | 6,370,000 | 4,552,000 | 3,687,000 | 2,377,000 | 2,094,000 | 785,000 | 1,397,000 | 1,410,000 | 1,395,000 | 999,000 | 1,723,000 | 4,240,000 | 3,159,000 |
| Group Debtors | 9,000 | 0 | 40,000 | 5,000 | 47,000 | 10,000 | 6,000 | 0 | 50,000 | 39,000 | 16,000 | 146,000 | 80,000 | 20,000 | 56,000 |
| Misc Debtors | 507,000 | 606,000 | 248,000 | 911,000 | 251,000 | 36,000 | 32,000 | 150,000 | 44,000 | 245,000 | 112,000 | 120,000 | 190,000 | 92,000 | 115,000 |
| Cash | 205,000 | 26,000 | 677,000 | 622,000 | 207,000 | 100,000 | 4,000 | 2,000 | 1,000 | 18,000 | 2,000 | 13,000 | 25,000 | 5,000 | 133,000 |
| misc current assets | 0 | 0 | 789,000 | 185,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,000 | 0 | 0 | 0 |
| total current assets | 12,833,000 | 19,606,000 | 10,274,000 | 8,360,000 | 6,199,000 | 3,624,000 | 3,455,000 | 1,830,000 | 2,217,000 | 2,684,000 | 3,186,000 | 2,848,000 | 3,597,000 | 7,730,000 | 5,816,000 |
| total assets | 13,027,000 | 19,688,000 | 10,308,000 | 8,406,000 | 6,260,000 | 3,656,000 | 3,469,000 | 1,866,000 | 2,277,000 | 2,725,000 | 3,567,000 | 3,452,000 | 4,472,000 | 8,883,000 | 6,918,000 |
| Bank overdraft | 2,204,000 | 5,447,000 | 0 | 0 | 1,117,000 | 613,000 | 745,000 | 89,000 | 0 | 866,000 | 840,000 | 636,000 | 804,000 | 2,275,000 | 427,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 853,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 478,000 | 889,000 | 447,000 | 657,000 | 254,000 | 230,000 | 91,000 | 208,000 | 62,000 | 337,000 | 740,000 | 483,000 | 480,000 | 1,755,000 | 1,755,000 |
| Group/Directors Accounts | 6,894,000 | 9,968,000 | 5,577,000 | 5,263,000 | 3,046,000 | 1,551,000 | 1,560,000 | 1,131,000 | 856,000 | 1,112,000 | 950,000 | 871,000 | 910,000 | 1,377,000 | 1,967,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,945,000 | 2,511,000 | 3,716,000 | 1,371,000 | 1,212,000 | 805,000 | 728,000 | 250,000 | 399,000 | 399,000 | 374,000 | 100,000 | 267,000 | 1,275,000 | 986,000 |
| total current liabilities | 11,545,000 | 18,815,000 | 9,740,000 | 7,291,000 | 5,629,000 | 3,199,000 | 3,124,000 | 1,678,000 | 2,170,000 | 2,714,000 | 2,904,000 | 2,090,000 | 2,461,000 | 6,682,000 | 5,135,000 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 210,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 210,000 | 0 | 0 | 0 | 0 |
| total liabilities | 11,560,000 | 18,815,000 | 9,740,000 | 7,291,000 | 5,629,000 | 3,199,000 | 3,124,000 | 1,678,000 | 2,170,000 | 2,714,000 | 3,114,000 | 2,090,000 | 2,461,000 | 6,682,000 | 5,135,000 |
| net assets | 1,467,000 | 873,000 | 568,000 | 1,115,000 | 631,000 | 457,000 | 345,000 | 188,000 | 107,000 | 11,000 | 453,000 | 1,362,000 | 2,011,000 | 2,201,000 | 1,783,000 |
| total shareholders funds | 1,467,000 | 873,000 | 568,000 | 1,115,000 | 631,000 | 457,000 | 345,000 | 188,000 | 107,000 | 11,000 | 453,000 | 1,362,000 | 2,011,000 | 2,201,000 | 1,783,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,294,000 | 544,000 | 39,000 | 739,000 | 72,000 | 143,000 | 181,000 | 4,000 | -220,000 | -754,000 | -887,000 | -777,000 | -100,000 | 661,000 | 549,000 |
| Depreciation | 37,000 | 31,000 | 20,000 | 18,000 | 16,000 | 15,000 | 23,000 | 26,000 | 20,000 | 147,000 | 251,000 | 271,000 | 289,000 | 249,000 | 271,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -199,000 | -82,000 | -2,000 | -131,000 | 228,000 | 0 | 0 | 1,000 | 50,000 | 39,000 | 0 | 144,000 | 0 | -152,000 | -71,000 |
| Stock | -5,278,000 | 8,163,000 | 65,000 | 78,000 | 906,000 | -218,000 | 426,000 | 168,000 | -247,000 | -689,000 | 115,000 | -33,000 | -1,794,000 | 1,020,000 | 2,353,000 |
| Debtors | -1,674,000 | 2,609,000 | 1,190,000 | 1,483,000 | 1,562,000 | 291,000 | 1,197,000 | -556,000 | -203,000 | 171,000 | 258,000 | -728,000 | -2,359,000 | 925,000 | 3,427,000 |
| Creditors | -411,000 | 442,000 | -210,000 | 403,000 | 24,000 | 139,000 | -117,000 | 146,000 | -275,000 | -403,000 | 257,000 | 3,000 | -1,275,000 | 0 | 1,755,000 |
| Accruals and Deferred Income | -566,000 | -1,205,000 | 2,345,000 | 159,000 | 407,000 | 77,000 | 478,000 | -149,000 | 0 | 25,000 | 274,000 | -167,000 | -1,008,000 | 289,000 | 986,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -210,000 | 210,000 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 7,107,000 | -11,042,000 | 937,000 | -373,000 | -1,721,000 | 301,000 | -1,058,000 | 416,000 | 25,000 | -638,000 | -268,000 | 235,000 | 2,059,000 | -898,000 | -2,290,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -853,000 | 853,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -3,074,000 | 4,391,000 | 314,000 | 2,217,000 | 1,495,000 | -9,000 | 429,000 | 275,000 | -256,000 | 162,000 | 79,000 | -39,000 | -467,000 | -590,000 | 1,967,000 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -318,000 | -97,000 | -32,000 | -24,000 | -26,000 | -31,000 | -24,000 | -24,000 | -34,000 | -27,000 | -22,000 | -16,000 | -90,000 | -91,000 | -31,000 |
| cash flow from financing | -3,346,000 | 4,294,000 | -270,000 | 2,093,000 | 1,469,000 | -40,000 | 405,000 | -502,000 | 863,000 | 435,000 | 57,000 | -55,000 | -557,000 | -681,000 | 3,272,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 179,000 | -651,000 | 55,000 | 415,000 | 107,000 | 96,000 | 2,000 | 1,000 | -17,000 | 16,000 | -11,000 | -12,000 | 20,000 | -128,000 | 133,000 |
| overdraft | -3,243,000 | 5,447,000 | 0 | -1,117,000 | 504,000 | -132,000 | 656,000 | 89,000 | -866,000 | 26,000 | 204,000 | -168,000 | -1,471,000 | 1,848,000 | 427,000 |
| change in cash | 3,422,000 | -6,098,000 | 55,000 | 1,532,000 | -397,000 | 228,000 | -654,000 | -88,000 | 849,000 | -10,000 | -215,000 | 156,000 | 1,491,000 | -1,976,000 | -294,000 |
sphere consumer products limited Credit Report and Business Information
Sphere Consumer Products Limited Competitor Analysis
Perform a competitor analysis for sphere consumer products limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in WA3 area or any other competitors across 12 key performance metrics.
sphere consumer products limited Ownership
SPHERE CONSUMER PRODUCTS LIMITED group structure
Sphere Consumer Products Limited has no subsidiary companies.
Ultimate parent company
SPHERE SA
#0113406
2 parents
SPHERE CONSUMER PRODUCTS LIMITED
05217791
sphere consumer products limited directors
Sphere Consumer Products Limited currently has 3 directors. The longest serving directors include Mr Hugh Weston Smith (Sep 2004) and Mr Kieran MacSweeney (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hugh Weston Smith | Wales | 63 years | Sep 2004 | - | Director |
| Mr Kieran MacSweeney | England | 56 years | May 2015 | - | Director |
| Mr Jean Gallet | Wales | 63 years | Sep 2022 | - | Director |
P&L
December 2023turnover
47.7m
0%
operating profit
1.3m
+138%
gross margin
10.5%
+12.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.5m
+0.68%
total assets
13m
-0.34%
cash
205k
+6.88%
net assets
Total assets minus all liabilities
Similar Companies
sphere consumer products limited company details
company number
05217791
Type
Private limited with Share Capital
industry
46499 - Wholesale of household goods (other than musical instruments) n.e.c.
incorporation date
August 2004
age
20
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
sphere consumer products plc (August 2018)
sp metal consumer products (chilwood) plc (February 2006)
See moreaccountant
-
auditor
MAZARS LLP
address
suite g04-7, chadwick house, warrington road, warrington, cheshire, WA3 6AE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
sphere consumer products 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 3 charges/mortgages relating to sphere consumer products limited. Currently there are 2 open charges and 1 have been satisfied in the past.
sphere consumer products limited Companies House Filings - See Documents
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