Pomanda estimates the enterprise value of SPA DECORATORS LIMITED at £419.4k based on a Turnover of £1.4m and 0.29x industry multiple (adjusted for size and gross margin).
spa decorators limitedEstimated Valuation
£30.6k
Pomanda estimates the enterprise value of SPA DECORATORS LIMITED at £30.6k based on an EBITDA of £10.5k and a 2.91x industry multiple (adjusted for size and gross margin).
spa decorators limitedEstimated Valuation
£927.1k
Pomanda estimates the enterprise value of SPA DECORATORS LIMITED at £927.1k based on Net Assets of £429.2k and 2.16x industry multiple (adjusted for liquidity).
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Spa Decorators LimitedOverview
Spa Decorators Limited is a live company located in droitwich, WR9 9AU with a Companies House number of 05702180. It operates in the painting sector, SIC Code 43341. Founded in February 2006, it's largest shareholder is
alan gandy
with a 50% stake. Spa Decorators Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.4m with
declining
growth in recent years.
Pomanda's financial health check has awarded Spa Decorators Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
1 Regular
5 Weak
Size
annual sales of £1.4m, make it larger than the average company (£501.6k)
£1.4m - Spa Decorators Limited
£501.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (13.7%)
-2% - Spa Decorators Limited
13.7% - Industry AVG
Production
with a gross margin of 22.2%, this company has a higher cost of product (32.3%)
22.2% - Spa Decorators Limited
32.3% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (6.4%)
0.5% - Spa Decorators Limited
6.4% - Industry AVG
Employees
with 8 employees, this is above the industry average (4)
8 - Spa Decorators Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.6k, the company has an equivalent pay structure (£31.6k)
£31.6k - Spa Decorators Limited
£31.6k - Industry AVG
Efficiency
resulting in sales per employee of £180.7k, this is more efficient (£110.7k)
£180.7k - Spa Decorators Limited
£110.7k - Industry AVG
Debtor Days
it gets paid by customers after 119 days, this is later than average (44 days)
119 days - Spa Decorators Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (29 days)
68 days - Spa Decorators Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is more than average (13 days)
21 days - Spa Decorators Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 43 weeks, this is more cash available to meet short term requirements (21 weeks)
43 weeks - Spa Decorators Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.3%, this is a lower level of debt than the average (64.4%)
41.3% - Spa Decorators Limited
64.4% - Industry AVG
SPA DECORATORS LIMITED financials
EXPORT
Spa Decorators Limited's latest turnover from February 2024 is estimated at £1.4 million and the company has net assets of £429.2 thousand. According to their latest financial statements, Spa Decorators Limited has 8 employees and maintains cash reserves of £177.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
1,445,322
958,685
781,908
1,513,929
1,198,864
1,959,144
1,209,751
1,288,829
729,567
907,384
923,591
968,834
781,861
966,967
697,760
Other Income Or Grants
Cost Of Sales
1,124,841
738,310
630,887
1,196,046
943,187
1,564,386
955,924
990,044
576,324
709,835
720,183
743,588
599,089
723,569
534,833
Gross Profit
320,481
220,375
151,021
317,884
255,677
394,758
253,828
298,786
153,243
197,549
203,409
225,246
182,772
243,399
162,927
Admin Expenses
313,590
263,659
103,631
362,215
80,804
214,589
251,816
287,098
113,270
201,162
267,664
249,490
175,592
220,784
-105,701
Operating Profit
6,891
-43,284
47,390
-44,331
174,873
180,169
2,012
11,688
39,973
-3,613
-64,255
-24,244
7,180
22,615
268,628
Interest Payable
Interest Receivable
10,585
9,044
860
135
567
132
333
168
105
267
410
326
177
Pre-Tax Profit
17,476
-34,240
48,251
-44,196
175,441
180,169
2,012
11,820
40,306
-3,445
-64,150
-23,977
7,589
22,940
268,806
Tax
-4,369
-9,168
-33,334
-34,232
-382
-2,364
-8,061
-1,973
-6,423
-75,266
Profit After Tax
13,107
-34,240
39,083
-44,196
142,107
145,937
1,630
9,456
32,245
-3,445
-64,150
-23,977
5,616
16,517
193,540
Dividends Paid
Retained Profit
13,107
-34,240
39,083
-44,196
142,107
145,937
1,630
9,456
32,245
-3,445
-64,150
-23,977
5,616
16,517
193,540
Employee Costs
252,948
255,670
260,809
230,097
258,630
295,062
217,591
211,628
147,630
179,834
177,506
225,864
160,497
180,140
156,542
Number Of Employees
8
9
9
9
9
9
7
7
5
6
6
8
6
7
6
EBITDA*
10,500
-38,663
52,481
-38,358
174,873
180,169
2,012
11,688
46,051
4,290
-54,139
-13,104
21,570
24,886
271,152
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
14,274
17,883
19,126
21,866
26,620
15,056
15,873
19,656
24,409
30,487
38,390
35,309
44,985
9,085
10,095
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
14,274
17,883
19,126
21,866
26,620
15,056
15,873
19,656
24,409
30,487
38,390
35,309
44,985
9,085
10,095
Stock & work in progress
66,000
76,000
176,000
226,000
101,000
50,000
50,000
55,000
95,000
105,000
30,000
30,000
Trade Debtors
473,472
294,894
220,744
401,703
361,131
616,689
321,352
320,694
140,538
214,804
223,419
253,756
192,936
285,827
184,269
Group Debtors
Misc Debtors
Cash
177,154
226,066
226,119
118,057
151,283
105,543
27,800
39,390
2,448
104,460
59,386
70,877
misc current assets
total current assets
716,626
596,960
622,863
745,760
613,414
616,689
321,352
320,694
296,081
292,604
317,809
351,204
402,396
375,213
285,146
total assets
730,900
614,843
641,989
767,626
640,034
631,745
337,225
340,350
320,490
323,091
356,199
386,513
447,381
384,298
295,241
Bank overdraft
Bank loan
Trade Creditors
211,459
177,615
159,151
314,677
183,889
316,076
167,693
172,548
164,142
198,988
143,527
47,016
108,646
93,362
67,310
Group/Directors Accounts
69,535
103,855
89,034
46,840
911
other short term finances
hp & lease commitments
other current liabilities
15,589
43,944
34,026
34,037
33,478
total current liabilities
211,459
177,615
159,151
314,677
183,889
316,076
167,693
172,548
164,142
198,988
228,651
194,815
231,706
174,239
101,699
loans
hp & lease commitments
Accruals and Deferred Income
2,300
2,100
2,000
other liabilities
90,209
21,103
32,473
41,667
667
provisions
total long term liabilities
90,209
21,103
32,473
41,667
667
2,300
2,100
2,000
total liabilities
301,668
198,718
191,624
356,344
184,556
318,376
169,793
174,548
164,142
198,988
228,651
194,815
231,706
174,239
101,699
net assets
429,232
416,125
450,365
411,282
455,478
313,369
167,432
165,802
156,348
124,103
127,548
191,698
215,675
210,059
193,542
total shareholders funds
429,232
416,125
450,365
411,282
455,478
313,369
167,432
165,802
156,348
124,103
127,548
191,698
215,675
210,059
193,542
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
6,891
-43,284
47,390
-44,331
174,873
180,169
2,012
11,688
39,973
-3,613
-64,255
-24,244
7,180
22,615
268,628
Depreciation
3,609
4,621
5,091
5,973
6,078
7,903
10,116
11,140
14,390
2,271
2,524
Amortisation
Tax
-4,369
-9,168
-33,334
-34,232
-382
-2,364
-8,061
-1,973
-6,423
-75,266
Stock
-10,000
-100,000
-50,000
125,000
101,000
-50,000
-5,000
-40,000
-10,000
75,000
30,000
Debtors
178,578
74,150
-180,959
40,572
-255,558
295,337
658
180,156
-74,266
-8,615
-30,337
60,820
-92,891
101,558
184,269
Creditors
33,844
18,464
-155,526
130,788
-132,187
148,383
-4,855
8,406
-34,846
55,461
96,511
-61,630
15,284
26,052
67,310
Accruals and Deferred Income
-2,300
200
100
2,000
-15,589
-28,355
9,918
-11
559
33,478
Deferred Taxes & Provisions
Cash flow from operations
-128,603
5,651
118,746
-73,142
161,610
-817
-3,783
-110,426
77,410
57,777
84,354
-115,636
52,761
-56,484
82,405
Investing Activities
capital expenditure
-3,378
-2,351
-1,219
-11,564
817
3,783
4,753
-13,197
-1,464
-50,290
-1,261
-12,619
Change in Investments
cash flow from investments
-3,378
-2,351
-1,219
-11,564
817
3,783
4,753
-13,197
-1,464
-50,290
-1,261
-12,619
Financing Activities
Bank loans
Group/Directors Accounts
-69,535
-34,320
14,821
42,194
45,929
911
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
69,106
-11,370
-9,194
41,000
667
share issue
2
-2
2
interest
10,585
9,044
860
135
567
132
333
168
105
267
410
326
177
cash flow from financing
79,691
-2,326
-8,334
41,135
1,236
130
333
-69,367
-34,215
15,088
42,604
46,255
1,090
cash and cash equivalents
cash
-48,912
-53
108,062
-33,226
151,283
-105,543
77,743
-11,590
36,942
-102,012
45,074
-11,491
70,877
overdraft
change in cash
-48,912
-53
108,062
-33,226
151,283
-105,543
77,743
-11,590
36,942
-102,012
45,074
-11,491
70,877
spa decorators limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for spa decorators limited. Get real-time insights into spa decorators limited's credit score, group structure and payment trends.
Perform a competitor analysis for spa decorators limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WR9 area or any other competitors across 12 key performance metrics.
spa decorators limited Ownership
SPA DECORATORS LIMITED group structure
Spa Decorators Limited has no subsidiary companies.
Ultimate parent company
SPA DECORATORS LIMITED
05702180
SPA DECORATORS LIMITED Shareholders
The largest shareholders in Spa Decorators Limited include Alan Gandy and Gary Rogers.
alan gandy
50%
gary rogers
50%
spa decorators limited directors
Spa Decorators Limited currently has 2 directors.
The longest serving directors include
Mr Gary Rogers (Feb 2006) and
Mr Alan Gandy (Feb 2006).
unit 13 spa decorators limited, unit 13, site 25c northbank, droitwich, worcester, WR9 9AU
Bank
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Legal Advisor
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spa decorators 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 spa decorators limited.
spa decorators 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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spa decorators limitedCompanies House Filings - See Documents
