pickled ink ltd

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pickled ink ltd Company Information

Share PICKLED INK LTD

Company Number

07070225

Shareholders

charlotte bowden

Group Structure

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Industry

Artistic creation

 

Registered Address

27 mortimer street, london, W1T 3BL

pickled ink ltd Estimated Valuation

£181.1k

Pomanda estimates the enterprise value of PICKLED INK LTD at £181.1k based on a Turnover of £594.8k and 0.3x industry multiple (adjusted for size and gross margin).

pickled ink ltd Estimated Valuation

£57.8k

Pomanda estimates the enterprise value of PICKLED INK LTD at £57.8k based on an EBITDA of £13.4k and a 4.3x industry multiple (adjusted for size and gross margin).

pickled ink ltd Estimated Valuation

£121.2k

Pomanda estimates the enterprise value of PICKLED INK LTD at £121.2k based on Net Assets of £132.1k and 0.92x industry multiple (adjusted for liquidity).

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Pickled Ink Ltd Overview

Pickled Ink Ltd is a live company located in london, W1T 3BL with a Companies House number of 07070225. It operates in the artistic creation sector, SIC Code 90030. Founded in November 2009, it's largest shareholder is charlotte bowden with a 100% stake. Pickled Ink Ltd is a established, small sized company, Pomanda has estimated its turnover at £594.8k with high growth in recent years.

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Pickled Ink Ltd Health Check

Pomanda's financial health check has awarded Pickled Ink Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £594.8k, make it larger than the average company (£307.1k)

£594.8k - Pickled Ink Ltd

£307.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6%)

21% - Pickled Ink Ltd

6% - Industry AVG

production

Production

with a gross margin of 23.8%, this company has a higher cost of product (56.7%)

23.8% - Pickled Ink Ltd

56.7% - Industry AVG

profitability

Profitability

an operating margin of 2.3% make it less profitable than the average company (6.6%)

2.3% - Pickled Ink Ltd

6.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - Pickled Ink Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)

£26.9k - Pickled Ink Ltd

£26.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £297.4k, this is more efficient (£78.1k)

£297.4k - Pickled Ink Ltd

£78.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 104 days, this is later than average (16 days)

104 days - Pickled Ink Ltd

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is slower than average (26 days)

31 days - Pickled Ink Ltd

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Pickled Ink Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Pickled Ink Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23.1%, this is a lower level of debt than the average (35.1%)

23.1% - Pickled Ink Ltd

35.1% - Industry AVG

PICKLED INK LTD financials

EXPORTms excel logo

Pickled Ink Ltd's latest turnover from November 2023 is estimated at £594.8 thousand and the company has net assets of £132.1 thousand. According to their latest financial statements, Pickled Ink Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010
Turnover594,780497,560336,485331,755260,329140,89482,83484,59956,453187,662155,99974,70964,57523,757
Other Income Or Grants
Cost Of Sales453,490371,038240,775260,267188,88099,44058,05359,87538,202129,46998,35149,75744,66416,439
Gross Profit141,290126,52295,71071,48871,44941,45424,78124,72418,25258,19357,64924,95119,9117,318
Admin Expenses127,87187,96688,17317,47852,70032,15727,19914,75223,02351,26647,5558,3338,10324,995
Operating Profit13,41938,5567,53754,01018,7499,297-2,4189,972-4,7716,92710,09416,61811,808-17,677
Interest Payable
Interest Receivable981434962736345206
Pre-Tax Profit13,41938,5567,53754,01018,7499,395-2,27510,021-4,7097,00010,15716,66311,828-17,671
Tax-3,355-7,326-1,432-10,262-3,562-1,785-2,004-1,470-2,336-3,999-3,075
Profit After Tax10,06431,2306,10543,74815,1877,610-2,2758,017-4,7095,5307,82112,6648,753-17,671
Dividends Paid
Retained Profit10,06431,2306,10543,74815,1877,610-2,2758,017-4,7095,5307,82112,6648,753-17,671
Employee Costs53,78652,95553,31152,25550,20551,81549,75453,48827,22455,68055,13127,41726,28725,421
Number Of Employees22222222122111
EBITDA*13,41938,5567,53754,01018,7499,297-2,27710,113-4,4687,23010,25616,78011,970-17,477

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010
Tangible Assets1,8912,1701,6441,201270141282423726324486648800
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,8912,1701,6441,201270141282423726324486648800
Stock & work in progress270270270270270268400800
Trade Debtors169,669148,738110,37499,64169,41936,23010,72433,33729,15114,82912,6903,718
Group Debtors
Misc Debtors1761691701655,3288,1499,586
Cash26,08631,0658,51816,33613,05712,3035,6812,418
misc current assets3,021
total current assets169,845148,907110,54499,80674,74739,25134,50540,92119,51249,94342,47827,40018,7716,936
total assets171,736151,077112,188101,00775,01739,25134,64641,20319,93550,66942,80227,88619,4197,736
Bank overdraft
Bank loan
Trade Creditors 39,66229,06721,40816,33234,09013,5117,44733,47231,13524,04028,23725,307
Group/Directors Accounts1,254126
other short term finances
hp & lease commitments
other current liabilities15,16220,572
total current liabilities39,66229,06721,40816,33234,09013,51116,41620,6987,44733,47231,13524,04028,23725,307
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities39,66229,06721,40816,33234,09013,51116,41620,6987,44733,47231,13524,04028,23725,307
net assets132,074122,01090,78084,67540,92725,74018,23020,50512,48817,19711,6673,846-8,818-17,571
total shareholders funds132,074122,01090,78084,67540,92725,74018,23020,50512,48817,19711,6673,846-8,818-17,571
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010
Operating Activities
Operating Profit13,41938,5567,53754,01018,7499,297-2,4189,972-4,7716,92710,09416,61811,808-17,677
Depreciation141141303303162162162200
Amortisation
Tax-3,355-7,326-1,432-10,262-3,562-1,785-2,004-1,470-2,336-3,999-3,075
Stock-2702-132-400800
Debtors20,93838,36310,73825,05938,51728,081-1,437-1,138-22,6134,18614,3222,1398,9723,718
Creditors10,5957,6595,076-17,75820,57913,511-7,447-26,0252,3377,095-4,1972,93025,307
Accruals and Deferred Income-15,162-5,41020,572
Deferred Taxes & Provisions
Cash flow from operations-279526443931-2,751-21,950-6,25022,372-7,8803,9116916,5773,2533,312
Investing Activities
capital expenditure279-526-443-931-270141-705-10-1,000
Change in Investments
cash flow from investments279-526-443-931-270141-705-10-1,000
Financing Activities
Bank loans
Group/Directors Accounts-1,2541,128126
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest981434962736345206
cash flow from financing-1,2561,2711756273634520106
cash and cash equivalents
cash-26,086-4,97922,547-7,8183,2797546,6223,2632,418
overdraft
change in cash-26,086-4,97922,547-7,8183,2797546,6223,2632,418

pickled ink ltd 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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Pickled Ink Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for pickled ink ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in W1T area or any other competitors across 12 key performance metrics.

pickled ink ltd Ownership

PICKLED INK LTD group structure

Pickled Ink Ltd has no subsidiary companies.

Ultimate parent company

PICKLED INK LTD

07070225

PICKLED INK LTD Shareholders

charlotte bowden 100%

pickled ink ltd directors

Pickled Ink Ltd currently has 2 directors. The longest serving directors include Ms Charlotte Bowden (Nov 2009) and Mr Arthur Bowden (Nov 2009).

officercountryagestartendrole
Ms Charlotte BowdenEngland40 years Nov 2009- Director
Mr Arthur Bowden75 years Nov 2009- Director

P&L

November 2023

turnover

594.8k

+20%

operating profit

13.4k

0%

gross margin

23.8%

-6.58%

turnover

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

Balance Sheet

November 2023

net assets

132.1k

+0.08%

total assets

171.7k

+0.14%

cash

0

0%

net assets

Total assets minus all liabilities

pickled ink ltd company details

company number

07070225

Type

Private limited with Share Capital

industry

90030 - Artistic creation

incorporation date

November 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

27 mortimer street, london, W1T 3BL

Bank

-

Legal Advisor

-

pickled ink 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 pickled ink ltd.

pickled ink 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.

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pickled ink ltd Companies House Filings - See Documents

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