zinc spoon limited

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zinc spoon limited Company Information

Share ZINC SPOON LIMITED

Company Number

05930649

Shareholders

hassan rashid

suhailla rashid

Group Structure

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Industry

Other information service activities n.e.c.

 

Registered Address

221 cassiobury drive, watford, WD17 3AN

Website

-

zinc spoon limited Estimated Valuation

£40.2k

Pomanda estimates the enterprise value of ZINC SPOON LIMITED at £40.2k based on a Turnover of £60.8k and 0.66x industry multiple (adjusted for size and gross margin).

zinc spoon limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ZINC SPOON LIMITED at £0 based on an EBITDA of £-5.8k and a 3.87x industry multiple (adjusted for size and gross margin).

zinc spoon limited Estimated Valuation

£14k

Pomanda estimates the enterprise value of ZINC SPOON LIMITED at £14k based on Net Assets of £5.9k and 2.39x industry multiple (adjusted for liquidity).

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Zinc Spoon Limited Overview

Zinc Spoon Limited is a live company located in watford, WD17 3AN with a Companies House number of 05930649. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in September 2006, it's largest shareholder is hassan rashid with a 50% stake. Zinc Spoon Limited is a established, micro sized company, Pomanda has estimated its turnover at £60.8k with declining growth in recent years.

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Zinc Spoon Limited Health Check

Pomanda's financial health check has awarded Zinc Spoon Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £60.8k, make it smaller than the average company (£770.5k)

£60.8k - Zinc Spoon Limited

£770.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (6.6%)

-22% - Zinc Spoon Limited

6.6% - Industry AVG

production

Production

with a gross margin of 36.2%, this company has a higher cost of product (70.7%)

36.2% - Zinc Spoon Limited

70.7% - Industry AVG

profitability

Profitability

an operating margin of -9.6% make it less profitable than the average company (5.5%)

-9.6% - Zinc Spoon Limited

5.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (18)

2 - Zinc Spoon Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.8k, the company has an equivalent pay structure (£27.8k)

£27.8k - Zinc Spoon Limited

£27.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £30.4k, this is less efficient (£45.4k)

£30.4k - Zinc Spoon Limited

£45.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (24 days)

67 days - Zinc Spoon Limited

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 73 days, this is slower than average (32 days)

73 days - Zinc Spoon Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Zinc Spoon Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Zinc Spoon Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.1%, this is a higher level of debt than the average (23.7%)

57.1% - Zinc Spoon Limited

23.7% - Industry AVG

ZINC SPOON LIMITED financials

EXPORTms excel logo

Zinc Spoon Limited's latest turnover from March 2024 is estimated at £60.8 thousand and the company has net assets of £5.9 thousand. According to their latest financial statements, Zinc Spoon Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover60,78760,72771,103126,939200,377201,975122,69099,53654,11557,76748,33225,8138676,2715,420
Other Income Or Grants
Cost Of Sales38,75939,59645,54084,814134,735133,92181,19364,36235,19637,71132,61018,2446154,4413,669
Gross Profit22,02721,13125,56342,12565,64268,05441,49735,17418,91920,05615,7227,5692531,8301,751
Admin Expenses27,86124,98944,90458,87959,12614,40038,41937,32820,29238,503-9,4124,49925415,000-16,717
Operating Profit-5,834-3,858-19,341-16,7546,51653,6543,078-2,154-1,373-18,44725,1343,070-1-13,17018,468
Interest Payable
Interest Receivable291141781614015958
Pre-Tax Profit-5,834-3,858-19,341-16,7546,51653,6543,078-2,125-1,259-18,26925,2953,111-13,11118,526
Tax-1,238-10,194-585-5,818-747-5,187
Profit After Tax-5,834-3,858-19,341-16,7545,27843,4602,493-2,125-1,259-18,26919,4772,364-13,11113,339
Dividends Paid
Retained Profit-5,834-3,858-19,341-16,7545,27843,4602,493-2,125-1,259-18,26919,4772,364-13,11113,339
Employee Costs55,52753,07451,21948,79647,75747,31546,84546,66823,81223,51223,64823,53123,26723,37124,470
Number Of Employees222222221111111
EBITDA*-5,834-3,858-19,341-16,7546,51653,6543,078-2,154-1,086-18,13925,1343,070-1-13,17018,468

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,4169611,2811,7092,2656128171,089862924
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,4169611,2811,7092,2656128171,089862924
Stock & work in progress
Trade Debtors11,25812,87214,27140,46173,82577,84529,55823,5008,8029,1041291,108530
Group Debtors
Misc Debtors
Cash22,91022,65048,43515,97210125123,221
misc current assets
total current assets11,25812,87214,27140,46173,82577,84529,55823,50031,71231,75448,43515,9722301,35923,751
total assets13,67413,83315,55242,17076,09078,45730,37524,58932,57432,67848,43515,9722301,35923,751
Bank overdraft
Bank loan
Trade Creditors 7,8142,1397,27724,44332,08827,46624,17330,03128,87626,36413,3781,12910,410
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities7,8142,1397,27724,44332,08827,46624,17330,03128,87626,36413,3781,12910,410
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities7,8142,1397,27724,44332,08827,46624,17330,03128,87626,36413,3781,12910,410
net assets5,86011,69415,55234,89351,64746,3692,9094162,5433,80222,0712,59423023013,341
total shareholders funds5,86011,69415,55234,89351,64746,3692,9094162,5433,80222,0712,59423023013,341
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-5,834-3,858-19,341-16,7546,51653,6543,078-2,154-1,373-18,44725,1343,070-1-13,17018,468
Depreciation287308
Amortisation
Tax-1,238-10,194-585-5,818-747-5,187
Stock
Debtors-1,614-1,399-26,190-33,364-4,02048,2876,05814,698-3029,104-129-979578530
Creditors5,6752,139-7,277-17,166-7,6454,6223,293-5,8581,1552,51212,98613,378-1,129-9,28110,410
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations1,455-320-428-5561,653-205-272-22,710371-24,73132,30215,830-151-23,02923,161
Investing Activities
capital expenditure-1,455320428556-1,653205272-227-225-1,232
Change in Investments
cash flow from investments-1,455320428556-1,653205272-227-225-1,232
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-22
interest291141781614015958
cash flow from financing271141781614015960
cash and cash equivalents
cash-22,910260-25,78532,46315,871-150-22,97023,221
overdraft
change in cash-22,910260-25,78532,46315,871-150-22,97023,221

zinc spoon limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Zinc Spoon Limited Competitor Analysis

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Perform a competitor analysis for zinc spoon limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WD17 area or any other competitors across 12 key performance metrics.

zinc spoon limited Ownership

ZINC SPOON LIMITED group structure

Zinc Spoon Limited has no subsidiary companies.

Ultimate parent company

ZINC SPOON LIMITED

05930649

ZINC SPOON LIMITED Shareholders

hassan rashid 50%
suhailla rashid 50%

zinc spoon limited directors

Zinc Spoon Limited currently has 2 directors. The longest serving directors include Mrs Suhailla Rashid (Sep 2006) and Mr Hassan Rashid (Apr 2013).

officercountryagestartendrole
Mrs Suhailla Rashid47 years Sep 2006- Director
Mr Hassan RashidUnited Kingdom49 years Apr 2013- Director

P&L

March 2024

turnover

60.8k

0%

operating profit

-5.8k

0%

gross margin

36.3%

+4.14%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

5.9k

-0.5%

total assets

13.7k

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

zinc spoon limited company details

company number

05930649

Type

Private limited with Share Capital

industry

63990 - Other information service activities n.e.c.

incorporation date

September 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

hasseen limited (January 2021)

accountant

-

auditor

-

address

221 cassiobury drive, watford, WD17 3AN

Bank

-

Legal Advisor

-

zinc spoon 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 zinc spoon limited.

zinc spoon 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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zinc spoon limited Companies House Filings - See Documents

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