spiral wing ltd
spiral wing ltd Company Information
Group Structure
View All
Industry
Other retail sale not in stores, stalls or markets
Registered Address
forbury farm kimbolton, leominster, HR6 0EP
Website
www.spiralwingaviation.comspiral wing ltd Estimated Valuation
Pomanda estimates the enterprise value of SPIRAL WING LTD at £1.3k based on a Turnover of £4.5k and 0.28x industry multiple (adjusted for size and gross margin).
spiral wing ltd Estimated Valuation
Pomanda estimates the enterprise value of SPIRAL WING LTD at £0 based on an EBITDA of £-193 and a 2.92x industry multiple (adjusted for size and gross margin).
spiral wing ltd Estimated Valuation
Pomanda estimates the enterprise value of SPIRAL WING LTD at £0 based on Net Assets of £-1k and 2.09x industry multiple (adjusted for liquidity).
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Spiral Wing Ltd Overview
Spiral Wing Ltd is a live company located in leominster, HR6 0EP with a Companies House number of 06465892. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in January 2008, it's largest shareholder is verve systems ltd with a 100% stake. Spiral Wing Ltd is a established, micro sized company, Pomanda has estimated its turnover at £4.5k with declining growth in recent years.
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Spiral Wing Ltd Health Check
Pomanda's financial health check has awarded Spiral Wing Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £4.5k, make it smaller than the average company (£2.4m)
- Spiral Wing Ltd
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -73%, show it is growing at a slower rate (9.5%)
- Spiral Wing Ltd
9.5% - Industry AVG
Production
with a gross margin of 17.8%, this company has a higher cost of product (30.7%)
- Spiral Wing Ltd
30.7% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (4.3%)
- Spiral Wing Ltd
4.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
- Spiral Wing Ltd
16 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
- Spiral Wing Ltd
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £4.5k, this is less efficient (£233.6k)
- Spiral Wing Ltd
£233.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Spiral Wing Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 118 days, this is slower than average (37 days)
- Spiral Wing Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spiral Wing Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spiral Wing Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 685.1%, this is a higher level of debt than the average (61.8%)
685.1% - Spiral Wing Ltd
61.8% - Industry AVG
SPIRAL WING LTD financials
Spiral Wing Ltd's latest turnover from December 2023 is estimated at £4.5 thousand and the company has net assets of -£1 thousand. According to their latest financial statements, we estimate that Spiral Wing Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 71,250 | 71,839 | 71,943 | 72,065 | 959 | 1,128 | 1,917 | 2,795 | |||||||
| Intangible Assets | 175 | 200 | 225 | 250 | 275 | 300 | 325 | 350 | 375 | 400 | 425 | 450 | 475 | ||
| Investments & Other | 1,000 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 175 | 200 | 225 | 250 | 275 | 300 | 325 | 71,600 | 72,214 | 72,343 | 72,490 | 1,409 | 1,603 | 1,917 | 3,795 |
| Stock & work in progress | 77,500 | 77,500 | 77,500 | 77,500 | 77,500 | 77,500 | |||||||||
| Trade Debtors | 87,054 | 88,554 | 89,133 | 152,677 | 218,785 | ||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 69,209 | 41,500 | 6,000 | ||||||||||||
| Cash | 254 | 1,769 | 296 | 75,300 | 10,391 | 29,632 | |||||||||
| misc current assets | 472 | 1,731 | |||||||||||||
| total current assets | 77,500 | 77,500 | 77,500 | 77,500 | 77,500 | 77,500 | 254 | 88,823 | 158,059 | 205,933 | 169,540 | 250,148 | |||
| total assets | 175 | 77,700 | 77,725 | 77,750 | 77,775 | 77,800 | 77,825 | 71,600 | 72,214 | 72,597 | 161,313 | 159,468 | 207,536 | 171,457 | 253,943 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,199 | 78,506 | 78,313 | 78,120 | 2,760 | 2,580 | 3,064 | 12,940 | 12,755 | 13,763 | 13,374 | 56,352 | 44,211 | 109,063 | |
| Group/Directors Accounts | 2,760 | 44 | 21,400 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 180 | ||||||||||||||
| total current liabilities | 1,199 | 78,506 | 78,313 | 78,120 | 2,940 | 2,760 | 2,580 | 3,064 | 12,940 | 12,755 | 13,807 | 13,374 | 56,352 | 44,211 | 130,463 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 1,199 | 78,506 | 78,313 | 78,120 | 2,940 | 2,760 | 2,580 | 3,064 | 12,940 | 12,755 | 13,807 | 13,374 | 56,352 | 44,211 | 130,463 |
| net assets | -1,024 | -806 | -588 | -370 | 74,835 | 75,040 | 75,245 | 68,536 | 59,274 | 59,842 | 147,506 | 146,094 | 151,184 | 127,246 | 123,480 |
| total shareholders funds | -1,024 | -806 | -588 | -370 | 74,835 | 75,040 | 75,245 | 68,536 | 59,274 | 59,842 | 147,506 | 146,094 | 151,184 | 127,246 | 123,480 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 104 | 122 | 144 | 169 | 199 | 345 | 749 | ||||||||
| Amortisation | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | ||||
| Tax | |||||||||||||||
| Stock | -77,500 | 77,500 | |||||||||||||
| Debtors | -87,054 | -70,709 | 27,130 | -28,044 | -60,108 | 218,785 | |||||||||
| Creditors | -77,307 | 193 | 193 | 78,120 | -2,760 | 180 | -484 | -9,876 | 185 | -1,008 | 389 | -42,978 | 12,141 | -64,852 | 109,063 |
| Accruals and Deferred Income | -180 | 180 | |||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1,000 | 1,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -2,760 | 2,760 | -44 | 44 | -21,400 | 21,400 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -254 | -1,515 | 1,473 | -75,004 | 64,909 | -19,241 | 29,632 | ||||||||
| overdraft | |||||||||||||||
| change in cash | -254 | -1,515 | 1,473 | -75,004 | 64,909 | -19,241 | 29,632 |
spiral wing ltd Credit Report and Business Information
Spiral Wing Ltd Competitor Analysis
Perform a competitor analysis for spiral wing ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in HR6 area or any other competitors across 12 key performance metrics.
spiral wing ltd Ownership
SPIRAL WING LTD group structure
Spiral Wing Ltd has no subsidiary companies.
Ultimate parent company
VERVE SYSTEMS LTD
#0077753
1 parent
SPIRAL WING LTD
06465892
spiral wing ltd directors
Spiral Wing Ltd currently has 1 director, Mr Julian Palmer serving since Feb 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Julian Palmer | 56 years | Feb 2008 | - | Director |
P&L
December 2023turnover
4.5k
-98%
operating profit
-218
0%
gross margin
17.8%
-1.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1k
+0.27%
total assets
175
-1%
cash
0
0%
net assets
Total assets minus all liabilities
spiral wing ltd company details
company number
06465892
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
January 2008
age
17
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
q aviation limited (April 2009)
accountant
ASHWORTH TREASURE LIMITED
auditor
-
address
forbury farm kimbolton, leominster, HR6 0EP
Bank
HSBC BANK PLC
Legal Advisor
-
spiral wing ltd 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 spiral wing ltd.
spiral wing ltd 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.
Click to start generating capital raising & share issue transactions for SPIRAL WING LTD. This can take several minutes, an email will notify you when this has completed.
spiral wing ltd Companies House Filings - See Documents
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