simply sold limited
simply sold limited Company Information
Group Structure
View All
Industry
Retail sale of antiques including antique books, in stores
Registered Address
7 castleham court, 180 high street, edgware, middlesex, HA8 7EX
Website
www.simplysold.co.uksimply sold limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY SOLD LIMITED at £25.9k based on a Turnover of £90k and 0.29x industry multiple (adjusted for size and gross margin).
simply sold limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY SOLD LIMITED at £65.8k based on an EBITDA of £22.7k and a 2.9x industry multiple (adjusted for size and gross margin).
simply sold limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY SOLD LIMITED at £83k based on Net Assets of £35.9k and 2.31x industry multiple (adjusted for liquidity).
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Simply Sold Limited Overview
Simply Sold Limited is a live company located in edgware, HA8 7EX with a Companies House number of 05712756. It operates in the retail sale of antiques including antique books in stores sector, SIC Code 47791. Founded in February 2006, it's largest shareholder is perry mark field with a 100% stake. Simply Sold Limited is a established, micro sized company, Pomanda has estimated its turnover at £90k with healthy growth in recent years.
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Simply Sold Limited Health Check
Pomanda's financial health check has awarded Simply Sold Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £90k, make it smaller than the average company (£154.1k)
- Simply Sold Limited
£154.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (11.9%)
- Simply Sold Limited
11.9% - Industry AVG
Production
with a gross margin of 22.7%, this company has a higher cost of product (49.8%)
- Simply Sold Limited
49.8% - Industry AVG
Profitability
an operating margin of 25.2% make it more profitable than the average company (13.2%)
- Simply Sold Limited
13.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Simply Sold Limited
5 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Simply Sold Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £90k, this is less efficient (£120k)
- Simply Sold Limited
£120k - Industry AVG
Debtor Days
it gets paid by customers after 412 days, this is later than average (76 days)
- Simply Sold Limited
76 days - Industry AVG
Creditor Days
its suppliers are paid after 305 days, this is slower than average (122 days)
- Simply Sold Limited
122 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simply Sold Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Simply Sold Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.7%, this is a higher level of debt than the average (50.6%)
64.7% - Simply Sold Limited
50.6% - Industry AVG
SIMPLY SOLD LIMITED financials
Simply Sold Limited's latest turnover from March 2024 is estimated at £90 thousand and the company has net assets of £35.9 thousand. According to their latest financial statements, Simply Sold Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 499 | 665 | 887 | 1,183 | 1,577 | 2,102 | 2,802 | 3,736 | 4,981 | 6,641 | 8,855 | 11,807 | 26,249 | 33,295 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 499 | 665 | 887 | 1,183 | 1,577 | 2,102 | 2,802 | 3,736 | 4,981 | 6,641 | 8,855 | 11,807 | 26,249 | 33,295 | |
| Stock & work in progress | 5,010 | 20,085 | 21,410 | 52,250 | 32,940 | 34,766 | 17,800 | 19,817 | |||||||
| Trade Debtors | 101,668 | 77,378 | 94,767 | 54,029 | 28,409 | 54,167 | |||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 53,989 | 49,580 | 21,316 | 43,453 | |||||||||||
| Cash | 18,999 | 11,364 | 109,017 | 51,461 | 8,120 | ||||||||||
| misc current assets | |||||||||||||||
| total current assets | 101,668 | 77,378 | 94,767 | 54,029 | 28,409 | 54,167 | 53,989 | 54,590 | 41,401 | 40,409 | 63,614 | 141,957 | 86,227 | 69,373 | 19,817 |
| total assets | 101,668 | 77,877 | 95,432 | 54,916 | 29,592 | 55,744 | 56,091 | 57,392 | 45,137 | 45,390 | 70,255 | 150,812 | 98,034 | 95,622 | 53,112 |
| Bank overdraft | 12,072 | 17,962 | 17,378 | 6,444 | 13,249 | 18,207 | 23,428 | 23,354 | |||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 58,275 | 45,476 | 40,591 | 24,816 | 29,492 | 55,644 | 4,450 | 3,900 | 8,526 | 4,350 | 4,350 | 9,920 | 4,200 | 2,082 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 39,469 | 35,430 | 19,133 | 33,668 | 43,333 | 35,479 | 21,159 | 4,850 | 1,716 | ||||||
| total current liabilities | 58,275 | 45,476 | 40,591 | 24,816 | 29,492 | 55,644 | 55,991 | 57,292 | 45,037 | 38,018 | 54,127 | 58,648 | 43,566 | 28,278 | 27,152 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 7,500 | 13,500 | 19,500 | 30,000 | 103,305 | 295,263 | |||||||||
| provisions | |||||||||||||||
| total long term liabilities | 7,500 | 13,500 | 19,500 | 30,000 | 103,305 | 295,263 | |||||||||
| total liabilities | 65,775 | 58,976 | 60,091 | 54,816 | 29,492 | 55,644 | 55,991 | 57,292 | 45,037 | 38,018 | 54,127 | 58,648 | 43,566 | 131,583 | 322,415 |
| net assets | 35,893 | 18,901 | 35,341 | 100 | 100 | 100 | 100 | 100 | 100 | 7,372 | 16,128 | 92,164 | 54,468 | -35,961 | -269,303 |
| total shareholders funds | 35,893 | 18,901 | 35,341 | 100 | 100 | 100 | 100 | 100 | 100 | 7,372 | 16,128 | 92,164 | 54,468 | -35,961 | -269,303 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 700 | 934 | 1,245 | 1,660 | 2,214 | 2,952 | 3,935 | 7,046 | 8,795 | ||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -5,010 | -15,075 | -1,325 | -30,840 | 19,310 | -1,826 | 16,966 | -2,017 | 19,817 | ||||||
| Debtors | 24,290 | -17,389 | 40,738 | 25,620 | -25,758 | 178 | 4,409 | 28,264 | 21,316 | -43,453 | 43,453 | ||||
| Creditors | 12,799 | 4,885 | 15,775 | -4,676 | -26,152 | 51,194 | 550 | -4,626 | 4,176 | -5,570 | 5,720 | 4,200 | -2,082 | 2,082 | |
| Accruals and Deferred Income | -39,469 | 4,039 | 16,297 | -14,535 | -9,665 | 7,854 | 14,320 | 16,309 | 3,134 | 1,716 | |||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -6,000 | -6,000 | -10,500 | 30,000 | -103,305 | -191,958 | 295,263 | ||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -18,999 | 7,635 | -97,653 | 57,556 | 43,341 | 8,120 | |||||||||
| overdraft | -12,072 | -5,890 | 584 | 17,378 | -6,444 | -6,805 | -4,958 | -5,221 | 74 | 23,354 | |||||
| change in cash | 12,072 | 5,890 | -584 | -36,377 | 14,079 | -90,848 | 62,514 | 48,562 | 8,046 | -23,354 |
simply sold limited Credit Report and Business Information
Simply Sold Limited Competitor Analysis
Perform a competitor analysis for simply sold limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in HA8 area or any other competitors across 12 key performance metrics.
simply sold limited Ownership
SIMPLY SOLD LIMITED group structure
Simply Sold Limited has no subsidiary companies.
Ultimate parent company
SIMPLY SOLD LIMITED
05712756
simply sold limited directors
Simply Sold Limited currently has 1 director, Mr Perry Field serving since Feb 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Perry Field | United Kingdom | 64 years | Feb 2006 | - | Director |
P&L
March 2024turnover
90k
+27%
operating profit
22.7k
0%
gross margin
22.7%
+2.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
35.9k
+0.9%
total assets
101.7k
+0.31%
cash
0
0%
net assets
Total assets minus all liabilities
simply sold limited company details
company number
05712756
Type
Private limited with Share Capital
industry
47791 - Retail sale of antiques including antique books, in stores
incorporation date
February 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
7 castleham court, 180 high street, edgware, middlesex, HA8 7EX
Bank
-
Legal Advisor
-
simply sold 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 simply sold limited. Currently there are 1 open charges and 0 have been satisfied in the past.
simply sold 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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simply sold limited Companies House Filings - See Documents
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