Pomanda estimates the enterprise value of THE SPICERY LTD at £690.1k based on a Turnover of £1.8m and 0.38x industry multiple (adjusted for size and gross margin).
the spicery ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of THE SPICERY LTD at £0 based on an EBITDA of £-25.5k and a 4.09x industry multiple (adjusted for size and gross margin).
the spicery ltdEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of THE SPICERY LTD at £1.4m based on Net Assets of £766.1k and 1.89x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Spicery LtdOverview
The Spicery Ltd is a live company located in bristol, BS2 0TQ with a Companies House number of 06519526. It operates in the agents involved in the sale of food, beverages and tobacco sector, SIC Code 46170. Founded in February 2008, it's largest shareholder is
james robert ransome
with a 100% stake. The Spicery Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.8m with
declining
growth in recent years.
Pomanda's financial health check has awarded The Spicery Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£9.1m)
£1.8m - The Spicery Ltd
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (10.9%)
-10% - The Spicery Ltd
10.9% - Industry AVG
Production
with a gross margin of 23.8%, this company has a comparable cost of product (23.8%)
23.8% - The Spicery Ltd
23.8% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (3%)
-1.9% - The Spicery Ltd
3% - Industry AVG
Employees
with 17 employees, this is below the industry average (22)
17 - The Spicery Ltd
22 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)
£35.6k - The Spicery Ltd
£35.6k - Industry AVG
Efficiency
resulting in sales per employee of £106.2k, this is less efficient (£354.3k)
£106.2k - The Spicery Ltd
£354.3k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (39 days)
1 days - The Spicery Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (36 days)
8 days - The Spicery Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 86 days, this is more than average (23 days)
86 days - The Spicery Ltd
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 208 weeks, this is more cash available to meet short term requirements (18 weeks)
208 weeks - The Spicery Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.5%, this is a lower level of debt than the average (61.5%)
15.5% - The Spicery Ltd
61.5% - Industry AVG
THE SPICERY LTD financials
EXPORT
The Spicery Ltd's latest turnover from March 2024 is estimated at £1.8 million and the company has net assets of £766.1 thousand. According to their latest financial statements, The Spicery Ltd has 17 employees and maintains cash reserves of £496.4 thousand 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
Feb 2010
Turnover
1,806,195
1,873,738
2,346,134
2,515,842
1,737,739
1,593,904
1,898,224
1,606,299
2,029,937
1,763,483
1,164,325
278,384
215,774
128,560
58,043
Other Income Or Grants
Cost Of Sales
1,376,846
1,448,032
1,835,755
2,006,168
1,336,024
1,253,003
1,489,087
1,247,236
1,596,614
1,412,578
903,435
215,433
163,590
98,622
44,861
Gross Profit
429,349
425,707
510,379
509,674
401,715
340,901
409,137
359,064
433,323
350,905
260,890
62,951
52,184
29,938
13,182
Admin Expenses
463,904
424,474
230,643
-169,965
316,151
301,623
481,079
446,157
393,959
396,769
250,586
34,459
35,495
38,132
-5,393
Operating Profit
-34,555
1,233
279,736
679,639
85,564
39,278
-71,942
-87,093
39,364
-45,864
10,304
28,492
16,689
-8,194
18,575
Interest Payable
773
1,981
862
1,060
2,412
3,605
2,031
1,292
1,344
Interest Receivable
29,806
29,476
6,078
462
28
159
289
286
491
409
326
47
37
52
31
Pre-Tax Profit
-5,522
28,728
284,952
679,041
83,180
35,832
-73,684
-88,100
38,511
-45,455
10,630
28,539
16,726
-8,142
18,606
Tax
-5,458
-54,141
-129,018
-15,804
-6,808
-7,702
-2,445
-6,849
-4,349
-5,210
Profit After Tax
-5,522
23,270
230,811
550,023
67,376
29,024
-73,684
-88,100
30,809
-45,455
8,185
21,690
12,377
-8,142
13,396
Dividends Paid
Retained Profit
-5,522
23,270
230,811
550,023
67,376
29,024
-73,684
-88,100
30,809
-45,455
8,185
21,690
12,377
-8,142
13,396
Employee Costs
604,887
715,589
1,037,712
922,437
855,198
849,223
875,562
858,258
722,628
392,831
278,977
81,607
82,907
52,648
32,118
Number Of Employees
17
23
33
28
27
28
29
30
26
14
10
3
3
2
1
EBITDA*
-25,516
11,387
293,727
698,395
106,724
63,838
-45,208
-59,044
65,974
7,824
17,344
37,266
22,823
-2,069
18,742
* 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
Feb 2010
Tangible Assets
65,239
70,091
75,393
40,534
53,364
71,490
92,181
91,958
98,279
98,094
14,380
8,323
402
376
501
Intangible Assets
6,000
12,000
18,000
24,000
Investments & Other
Debtors (Due After 1 year)
16,507
14,429
Total Fixed Assets
65,239
70,091
75,393
40,534
53,364
71,490
92,181
91,958
98,279
98,094
14,380
30,830
26,831
18,376
24,501
Stock & work in progress
325,861
297,663
299,574
246,163
166,040
145,521
186,786
145,080
133,791
163,338
118,542
49,134
37,775
19,485
8,966
Trade Debtors
6,599
10,954
8,047
51,600
24,518
21,471
14,925
12,767
16,601
89,821
65,689
7,964
5,667
4,403
2,646
Group Debtors
Misc Debtors
11,920
10,538
12,854
17,709
7,131
3,446
26,315
1,603
15,469
Cash
496,381
639,095
747,991
872,785
50,553
5,125
37,306
78,406
150,117
46,407
117,389
12,910
5,991
8,757
12,237
misc current assets
total current assets
840,761
958,250
1,068,466
1,188,257
248,242
175,563
265,332
237,856
315,978
299,566
301,620
70,008
49,433
32,645
23,849
total assets
906,000
1,028,341
1,143,859
1,228,791
301,606
247,053
357,513
329,814
414,257
397,660
316,000
100,838
76,264
51,021
48,350
Bank overdraft
4,751
9,574
50,000
Bank loan
Trade Creditors
30,756
44,597
56,582
185,956
57,157
21,560
67,170
31,914
64,040
318,412
219,857
33,515
27,210
17,765
6,952
Group/Directors Accounts
16,038
other short term finances
644
13,096
13,511
hp & lease commitments
24,886
other current liabilities
92,232
184,665
297,232
518,761
233,457
281,066
308,901
330,125
202,944
total current liabilities
123,632
242,358
367,325
704,717
295,365
312,200
426,071
362,039
307,908
318,412
219,857
33,515
27,210
17,765
6,952
loans
12,038
30,001
34,751
12,500
41,350
hp & lease commitments
19,100
Accruals and Deferred Income
other liabilities
47,864
10,350
64,532
48,635
28,000
31,421
28,000
28,000
provisions
16,308
14,401
16,184
6,573
8,762
12,663
13,037
12,663
total long term liabilities
16,308
14,401
28,222
6,573
38,763
34,751
60,364
23,013
73,487
77,195
48,635
28,000
31,421
28,000
28,000
total liabilities
139,940
256,759
395,547
711,290
334,128
346,951
486,435
385,052
381,395
395,607
268,492
61,515
58,631
45,765
34,952
net assets
766,060
771,582
748,312
517,501
-32,522
-99,898
-128,922
-55,238
32,862
2,053
47,508
39,323
17,633
5,256
13,398
total shareholders funds
766,060
771,582
748,312
517,501
-32,522
-99,898
-128,922
-55,238
32,862
2,053
47,508
39,323
17,633
5,256
13,398
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
Feb 2010
Operating Activities
Operating Profit
-34,555
1,233
279,736
679,639
85,564
39,278
-71,942
-87,093
39,364
-45,864
10,304
28,492
16,689
-8,194
18,575
Depreciation
9,039
10,154
13,991
18,756
21,160
24,560
26,734
28,049
26,610
26,844
1,040
2,774
134
125
167
Amortisation
26,844
6,000
6,000
6,000
6,000
Tax
-5,458
-54,141
-129,018
-15,804
-6,808
-7,702
-2,445
-6,849
-4,349
-5,210
Stock
28,198
-1,911
53,411
80,123
20,519
-41,265
41,706
11,289
-29,547
44,796
69,408
11,359
18,290
10,519
8,966
Debtors
-2,973
591
-48,408
37,660
6,732
-16,323
26,870
-17,700
-57,751
24,132
41,218
4,375
15,693
1,757
2,646
Creditors
-13,841
-11,985
-129,374
128,799
35,597
-45,610
35,256
-32,126
-254,372
98,555
186,342
6,305
9,445
10,813
6,952
Accruals and Deferred Income
-92,433
-112,567
-221,529
285,304
-47,609
-27,835
-21,224
127,181
202,944
Deferred Taxes & Provisions
1,907
-1,783
9,611
-2,189
8,762
-12,663
-374
374
12,663
Cash flow from operations
-155,108
-119,086
-106,709
863,508
60,419
41,173
-112,415
42,048
94,516
50,114
90,615
20,988
-6,064
-3,532
8,872
Investing Activities
capital expenditure
-4,187
-4,852
-48,850
-5,926
-3,034
-3,869
-26,957
-21,728
-26,795
-137,402
-7,097
-10,695
-160
-24,668
Change in Investments
cash flow from investments
-4,187
-4,852
-48,850
-5,926
-3,034
-3,869
-26,957
-21,728
-26,795
-137,402
-7,097
-10,695
-160
-24,668
Financing Activities
Bank loans
Group/Directors Accounts
-16,038
16,038
Other Short Term Loans
-12,452
-415
13,511
Long term loans
-12,038
12,038
-30,001
-4,750
22,251
12,500
-41,350
41,350
Hire Purchase and Lease Commitments
-43,986
43,986
other long term liabilities
-47,864
37,514
10,350
-64,532
15,897
20,635
-3,421
3,421
28,000
share issue
2
interest
29,033
27,495
5,216
-598
-2,384
-3,446
-1,742
-1,006
-853
409
326
47
37
52
31
cash flow from financing
16,581
15,042
30,765
-30,599
-7,134
-29,059
48,272
-92,030
35,989
16,306
20,961
-3,374
3,458
52
28,033
cash and cash equivalents
cash
-142,714
-108,896
-124,794
822,232
45,428
-32,181
-41,100
-71,711
103,710
-70,982
104,479
6,919
-2,766
-3,480
12,237
overdraft
-4,751
-4,823
-40,426
50,000
change in cash
-142,714
-108,896
-124,794
826,983
50,251
8,245
-91,100
-71,711
103,710
-70,982
104,479
6,919
-2,766
-3,480
12,237
the spicery ltd 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 the spicery ltd. Get real-time insights into the spicery ltd's credit score, group structure and payment trends.
Perform a competitor analysis for the spicery ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BS2 area or any other competitors across 12 key performance metrics.
the spicery ltd Ownership
THE SPICERY LTD group structure
The Spicery Ltd has no subsidiary companies.
Ultimate parent company
THE SPICERY LTD
06519526
THE SPICERY LTD Shareholders
The sole shareholder of The Spicery Ltd is James Robert Ransome.
james robert ransome
100%
the spicery ltd directors
The Spicery Ltd currently has 1 director, Mr James Ransome serving since Feb 2008.
46170 - Agents involved in the sale of food, beverages and tobacco
incorporation date
February 2008
age
17
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
season & spice limited (May 2009)
accountant
STONE & CO
auditor
-
address
77 feeder road, bristol, BS2 0TQ
Bank
-
Legal Advisor
-
the spicery 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 the spicery ltd.
the spicery ltd Capital Raised & Share Issues BETA
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the spicery ltdCompanies House Filings - See Documents
