spring (cultivated) limited
spring (cultivated) limited Company Information
Company Number
05420115
Website
www.springonline.co.ukRegistered Address
16 bainbridge drive, tiptree, colchester, CO5 0BP
Industry
Landscape service activities
Telephone
01277822773
Next Accounts Due
January 2026
Group Structure
View All
Shareholders
paul steven tillman 26%
david james tillman 26%
View Allspring (cultivated) limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING (CULTIVATED) LIMITED at £70.4k based on a Turnover of £178.1k and 0.4x industry multiple (adjusted for size and gross margin).
spring (cultivated) limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING (CULTIVATED) LIMITED at £214.6k based on an EBITDA of £57k and a 3.77x industry multiple (adjusted for size and gross margin).
spring (cultivated) limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING (CULTIVATED) LIMITED at £165.3k based on Net Assets of £58.9k and 2.81x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spring (cultivated) Limited Overview
Spring (cultivated) Limited is a live company located in colchester, CO5 0BP with a Companies House number of 05420115. It operates in the landscape service activities sector, SIC Code 81300. Founded in April 2005, it's largest shareholder is paul steven tillman with a 26% stake. Spring (cultivated) Limited is a established, micro sized company, Pomanda has estimated its turnover at £178.1k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Spring (cultivated) Limited Health Check
Pomanda's financial health check has awarded Spring (Cultivated) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £178.1k, make it larger than the average company (£147.4k)
- Spring (cultivated) Limited
£147.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (7.4%)
- Spring (cultivated) Limited
7.4% - Industry AVG
Production
with a gross margin of 53.6%, this company has a comparable cost of product (53.6%)
- Spring (cultivated) Limited
53.6% - Industry AVG
Profitability
an operating margin of 19.1% make it more profitable than the average company (6%)
- Spring (cultivated) Limited
6% - Industry AVG
Employees
with 5 employees, this is above the industry average (3)
5 - Spring (cultivated) Limited
3 - Industry AVG
Pay Structure
on an average salary of £21.4k, the company has an equivalent pay structure (£21.4k)
- Spring (cultivated) Limited
£21.4k - Industry AVG
Efficiency
resulting in sales per employee of £35.6k, this is less efficient (£60.8k)
- Spring (cultivated) Limited
£60.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Spring (cultivated) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (41 days)
- Spring (cultivated) Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 62 days, this is more than average (22 days)
- Spring (cultivated) Limited
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (23 weeks)
50 weeks - Spring (cultivated) Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.9%, this is a higher level of debt than the average (63.3%)
74.9% - Spring (cultivated) Limited
63.3% - Industry AVG
SPRING (CULTIVATED) LIMITED financials
Spring (Cultivated) Limited's latest turnover from April 2024 is estimated at £178.1 thousand and the company has net assets of £58.9 thousand. According to their latest financial statements, Spring (Cultivated) Limited has 5 employees and maintains cash reserves of £108.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 5 | 5 | 5 | 5 | 4 | 4 | 11 | 11 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 69,121 | 21,705 | 28,941 | 54,707 | 45,198 | 59,800 | 88,743 | 118,323 | 144,873 | 113,537 | 132,734 | 81,987 | 69,462 | 53,757 | 57,056 |
| Intangible Assets | 0 | 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 | 0 |
| Total Fixed Assets | 69,121 | 21,705 | 28,941 | 54,707 | 45,198 | 59,800 | 88,743 | 118,323 | 144,873 | 113,537 | 132,734 | 81,987 | 69,462 | 53,757 | 57,056 |
| Stock & work in progress | 14,179 | 5,004 | 12,659 | 22,883 | 16,146 | 15,369 | 44,995 | 24,939 | 33,742 | 41,038 | 32,598 | 24,991 | 19,766 | 26,806 | 10,000 |
| Trade Debtors | 0 | 7,897 | 10,774 | 4,220 | 1,184 | 34,237 | 32,478 | 25,040 | 67,023 | 87,392 | 77,806 | 108,321 | 34,902 | 92,132 | 78,840 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 42,688 | 56,710 | 99,581 | 82,867 | 110,314 | 125,325 | 101,243 | 62,627 | 18,666 | 4,129 | 63,361 | 42,707 | 41,459 | 37,389 | 0 |
| Cash | 108,738 | 42,381 | 15,243 | 0 | 0 | 0 | 0 | 9,370 | 872 | 501 | 4 | 33,874 | 85,933 | 41,409 | 53,735 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 165,605 | 111,992 | 138,257 | 109,970 | 127,644 | 174,931 | 178,716 | 121,976 | 120,303 | 133,060 | 173,769 | 209,893 | 182,060 | 197,736 | 142,575 |
| total assets | 234,726 | 133,697 | 167,198 | 164,677 | 172,842 | 234,731 | 267,459 | 240,299 | 265,176 | 246,597 | 306,503 | 291,880 | 251,522 | 251,493 | 199,631 |
| Bank overdraft | 8,310 | 8,640 | 0 | 26,374 | 33,151 | 14,492 | 32,050 | 0 | 1,541 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,828 | 22,880 | 27,728 | 24,114 | 16,884 | 65,279 | 76,587 | 68,794 | 67,920 | 179,084 | 225,167 | 181,448 | 153,375 | 141,834 | 145,576 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 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 | 0 | 0 |
| hp & lease commitments | 14,448 | 5,477 | 5,478 | 12,091 | 6,613 | 19,197 | 25,953 | 25,897 | 30,725 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 76,373 | 38,572 | 63,990 | 21,764 | 85,934 | 103,288 | 85,583 | 91,966 | 91,783 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 111,959 | 75,569 | 97,196 | 84,343 | 142,582 | 202,256 | 240,173 | 186,657 | 191,969 | 179,084 | 225,167 | 181,448 | 153,375 | 141,834 | 145,576 |
| loans | 8,144 | 15,401 | 31,827 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 43,092 | 6,840 | 12,317 | 29,921 | 18,739 | 25,352 | 29,294 | 56,414 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 71,343 | 63,921 | 85,525 | 26,690 | 20,839 | 0 | 3,101 |
| provisions | 12,681 | 3,672 | 5,047 | 9,943 | 8,136 | 10,911 | 16,311 | 22,876 | 28,123 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 63,917 | 25,913 | 49,191 | 79,864 | 26,875 | 36,263 | 45,605 | 79,290 | 99,466 | 63,921 | 85,525 | 26,690 | 20,839 | 0 | 3,101 |
| total liabilities | 175,876 | 101,482 | 146,387 | 164,207 | 169,457 | 238,519 | 285,778 | 265,947 | 291,435 | 243,005 | 310,692 | 208,138 | 174,214 | 141,834 | 148,677 |
| net assets | 58,850 | 32,215 | 20,811 | 470 | 3,385 | -3,788 | -18,319 | -25,648 | -26,259 | 3,592 | -4,189 | 83,742 | 77,308 | 109,659 | 50,954 |
| total shareholders funds | 58,850 | 32,215 | 20,811 | 470 | 3,385 | -3,788 | -18,319 | -25,648 | -26,259 | 3,592 | -4,189 | 83,742 | 77,308 | 109,659 | 50,954 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 23,040 | 7,236 | 9,647 | 18,235 | 15,065 | 19,935 | 29,580 | 39,440 | 48,293 | 37,844 | 95,345 | 25,495 | 23,155 | 17,918 | 19,020 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 9,175 | -7,655 | -10,224 | 6,737 | 777 | -29,626 | 20,056 | -8,803 | -7,296 | 8,440 | 7,607 | 5,225 | -7,040 | 16,806 | 10,000 |
| Debtors | -21,919 | -45,748 | 23,268 | -24,411 | -48,064 | 25,841 | 46,054 | 1,978 | -5,832 | -49,646 | -9,861 | 74,667 | -53,160 | 50,681 | 78,840 |
| Creditors | -10,052 | -4,848 | 3,614 | 7,230 | -48,395 | -11,308 | 7,793 | 874 | -111,164 | -46,083 | 43,719 | 28,073 | 11,541 | -3,742 | 145,576 |
| Accruals and Deferred Income | 37,801 | -25,418 | 42,226 | -64,170 | -17,354 | 17,705 | -6,383 | 183 | 91,783 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 9,009 | -1,375 | -4,896 | 1,807 | -2,775 | -5,400 | -6,565 | -5,247 | 28,123 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -20,000 | 20,000 | 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 | 0 | 0 |
| Long term loans | -7,257 | -16,426 | -8,173 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 45,223 | -5,478 | -24,217 | 16,660 | -19,197 | -10,698 | -27,064 | 51,586 | 30,725 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -71,343 | 7,422 | -21,604 | 58,835 | 5,851 | 20,839 | -3,101 | 3,101 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 66,357 | 27,138 | 15,243 | 0 | 0 | 0 | -9,370 | 8,498 | 371 | 497 | -33,870 | -52,059 | 44,524 | -12,326 | 53,735 |
| overdraft | -330 | 8,640 | -26,374 | -6,777 | 18,659 | -17,558 | 32,050 | -1,541 | 1,541 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 66,687 | 18,498 | 41,617 | 6,777 | -18,659 | 17,558 | -41,420 | 10,039 | -1,170 | 497 | -33,870 | -52,059 | 44,524 | -12,326 | 53,735 |
spring (cultivated) limited Credit Report and Business Information
Spring (cultivated) Limited Competitor Analysis
Perform a competitor analysis for spring (cultivated) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CO5 area or any other competitors across 12 key performance metrics.
spring (cultivated) limited Ownership
SPRING (CULTIVATED) LIMITED group structure
Spring (Cultivated) Limited has no subsidiary companies.
Ultimate parent company
SPRING (CULTIVATED) LIMITED
05420115
spring (cultivated) limited directors
Spring (Cultivated) Limited currently has 2 directors. The longest serving directors include Mr Paul Tillman (Apr 2005) and Mr David Tillman (Apr 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Tillman | United Kingdom | 51 years | Apr 2005 | - | Director |
| Mr David Tillman | 54 years | Apr 2005 | - | Director |
P&L
April 2024turnover
178.1k
+19%
operating profit
34k
0%
gross margin
53.6%
+36.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
58.9k
+0.83%
total assets
234.7k
+0.76%
cash
108.7k
+1.57%
net assets
Total assets minus all liabilities
spring (cultivated) limited company details
company number
05420115
Type
Private limited with Share Capital
industry
81300 - Landscape service activities
incorporation date
April 2005
age
19
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
April 2024
address
16 bainbridge drive, tiptree, colchester, CO5 0BP
accountant
C J COATES & CO
auditor
-
spring (cultivated) 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 1 charges/mortgages relating to spring (cultivated) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
spring (cultivated) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
