sphere clothing limited
sphere clothing limited Company Information
Company Number
05735611
Website
-Registered Address
griffin court 201 chapel street, manchester, M3 5EQ
Industry
Wholesale of clothing and footwear
Telephone
-
Next Accounts Due
4644 days late
Group Structure
View All
Directors
Ajay Sidana13 Years
Shareholders
mr ajay sidana 100%
sphere clothing limited Estimated Valuation
Pomanda estimates the enterprise value of SPHERE CLOTHING LIMITED at £188.1k based on a Turnover of £668.3k and 0.28x industry multiple (adjusted for size and gross margin).
sphere clothing limited Estimated Valuation
Pomanda estimates the enterprise value of SPHERE CLOTHING LIMITED at £128k based on an EBITDA of £38.7k and a 3.31x industry multiple (adjusted for size and gross margin).
sphere clothing limited Estimated Valuation
Pomanda estimates the enterprise value of SPHERE CLOTHING LIMITED at £20.8k based on Net Assets of £24.8k and 0.84x industry multiple (adjusted for liquidity).
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Sphere Clothing Limited Overview
Sphere Clothing Limited is a live company located in manchester, M3 5EQ with a Companies House number of 05735611. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in March 2006, it's largest shareholder is mr ajay sidana with a 100% stake. Sphere Clothing Limited is a established, small sized company, Pomanda has estimated its turnover at £668.3k with unknown growth in recent years.
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Sphere Clothing Limited Health Check
Pomanda's financial health check has awarded Sphere Clothing Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £668.3k, make it smaller than the average company (£7.2m)
- Sphere Clothing Limited
£7.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sphere Clothing Limited
- - Industry AVG
Production
with a gross margin of 20.8%, this company has a higher cost of product (32%)
- Sphere Clothing Limited
32% - Industry AVG
Profitability
an operating margin of 5.1% make it more profitable than the average company (3.3%)
- Sphere Clothing Limited
3.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (48)
- Sphere Clothing Limited
48 - Industry AVG
Pay Structure
on an average salary of £28.3k, the company has an equivalent pay structure (£28.3k)
- Sphere Clothing Limited
£28.3k - Industry AVG
Efficiency
resulting in sales per employee of £334.2k, this is more efficient (£234.5k)
- Sphere Clothing Limited
£234.5k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (49 days)
- Sphere Clothing Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 160 days, this is slower than average (32 days)
- Sphere Clothing Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 43 days, this is less than average (83 days)
- Sphere Clothing Limited
83 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (9 weeks)
5 weeks - Sphere Clothing Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.4%, this is a higher level of debt than the average (65.3%)
90.4% - Sphere Clothing Limited
65.3% - Industry AVG
SPHERE CLOTHING LIMITED financials
Sphere Clothing Limited's latest turnover from March 2010 is estimated at £668.3 thousand and the company has net assets of £24.8 thousand. According to their latest financial statements, we estimate that Sphere Clothing Limited has 2 employees and maintains cash reserves of £24.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2010 | |
|---|---|
| Tangible Assets | 12,313 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 12,313 |
| Stock & work in progress | 63,535 |
| Trade Debtors | 157,716 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 24,341 |
| misc current assets | 0 |
| total current assets | 245,592 |
| total assets | 257,905 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 233,077 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 233,077 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 233,077 |
| net assets | 24,828 |
| total shareholders funds | 24,828 |
| Mar 2010 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 4,255 |
| Amortisation | 0 |
| Tax | |
| Stock | 63,535 |
| Debtors | 157,716 |
| Creditors | 233,077 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 24,341 |
| overdraft | 0 |
| change in cash | 24,341 |
sphere clothing limited Credit Report and Business Information
Sphere Clothing Limited Competitor Analysis
Perform a competitor analysis for sphere clothing 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 M 3 area or any other competitors across 12 key performance metrics.
sphere clothing limited Ownership
SPHERE CLOTHING LIMITED group structure
Sphere Clothing Limited has no subsidiary companies.
Ultimate parent company
SPHERE CLOTHING LIMITED
05735611
sphere clothing limited directors
Sphere Clothing Limited currently has 1 director, Mr Ajay Sidana serving since Mar 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ajay Sidana | England | 57 years | Mar 2011 | - | Director |
P&L
March 2010turnover
668.3k
0%
operating profit
34.4k
0%
gross margin
20.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2010net assets
24.8k
0%
total assets
257.9k
0%
cash
24.3k
0%
net assets
Total assets minus all liabilities
Similar Companies
sphere clothing limited company details
company number
05735611
Type
Private limited with Share Capital
industry
46420 - Wholesale of clothing and footwear
incorporation date
March 2006
age
18
incorporated
UK
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
last accounts submitted
March 2010
address
griffin court 201 chapel street, manchester, M3 5EQ
accountant
-
auditor
-
sphere clothing 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 sphere clothing limited. Currently there are 1 open charges and 0 have been satisfied in the past.
sphere clothing limited Companies House Filings - See Documents
| date | description | view/download |
|---|
