candle shack limited
candle shack limited Company Information
Company Number
07331656
Next Accounts
Apr 2025
Shareholders
candle shack holdings limited
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
kemp house 152 city road, london, EC1V 2NX
Website
www.candle-shack.co.ukcandle shack limited Estimated Valuation
Pomanda estimates the enterprise value of CANDLE SHACK LIMITED at £7.7m based on a Turnover of £10.5m and 0.73x industry multiple (adjusted for size and gross margin).
candle shack limited Estimated Valuation
Pomanda estimates the enterprise value of CANDLE SHACK LIMITED at £0 based on an EBITDA of £-881.2k and a 4.89x industry multiple (adjusted for size and gross margin).
candle shack limited Estimated Valuation
Pomanda estimates the enterprise value of CANDLE SHACK LIMITED at £0 based on Net Assets of £-1.2m and 2.14x industry multiple (adjusted for liquidity).
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Candle Shack Limited Overview
Candle Shack Limited is a live company located in london, EC1V 2NX with a Companies House number of 07331656. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in July 2010, it's largest shareholder is candle shack holdings limited with a 100% stake. Candle Shack Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.5m with rapid growth in recent years.
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Candle Shack Limited Health Check
Pomanda's financial health check has awarded Candle Shack Limited a 2.5 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
2 Regular
6 Weak
Size
annual sales of £10.5m, make it in line with the average company (£12.9m)
£10.5m - Candle Shack Limited
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (4.7%)
- Candle Shack Limited
4.7% - Industry AVG
Production
with a gross margin of 23.3%, this company has a higher cost of product (30%)
23.3% - Candle Shack Limited
30% - Industry AVG
Profitability
an operating margin of -10.3% make it less profitable than the average company (6.3%)
-10.3% - Candle Shack Limited
6.3% - Industry AVG
Employees
with 98 employees, this is above the industry average (70)
98 - Candle Shack Limited
70 - Industry AVG
Pay Structure
on an average salary of £30.6k, the company has a lower pay structure (£40.6k)
£30.6k - Candle Shack Limited
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £107.5k, this is less efficient (£174.9k)
£107.5k - Candle Shack Limited
£174.9k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (56 days)
2 days - Candle Shack Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is quicker than average (45 days)
39 days - Candle Shack Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 77 days, this is in line with average (71 days)
77 days - Candle Shack Limited
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Candle Shack Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 144.6%, this is a higher level of debt than the average (50%)
144.6% - Candle Shack Limited
50% - Industry AVG
CANDLE SHACK LIMITED financials
Candle Shack Limited's latest turnover from July 2023 is £10.5 million and the company has net assets of -£1.2 million. According to their latest financial statements, Candle Shack Limited has 98 employees and maintains cash reserves of £14.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,539,002 | 10,663,914 | |||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 8,079,493 | 8,122,978 | |||||||||||
| Gross Profit | 2,459,509 | 2,540,936 | |||||||||||
| Admin Expenses | 3,545,838 | 3,216,164 | |||||||||||
| Operating Profit | -1,086,329 | -675,228 | |||||||||||
| Interest Payable | 109,035 | 45,602 | |||||||||||
| Interest Receivable | 146 | ||||||||||||
| Pre-Tax Profit | -1,195,364 | -720,684 | |||||||||||
| Tax | 49,644 | 136,320 | |||||||||||
| Profit After Tax | -1,145,720 | -584,364 | |||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | -1,145,720 | -584,364 | |||||||||||
| Employee Costs | 2,998,553 | 2,985,502 | |||||||||||
| Number Of Employees | 98 | 113 | 80 | 80 | 43 | 25 | 25 | 13 | |||||
| EBITDA* | -881,172 | -484,449 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 313,004 | 514,759 | 414,754 | 318,537 | 125,107 | 98,390 | 142,179 | 93,490 | 67,584 | 24,789 | 11,633 | 2,996 | 300 |
| Intangible Assets | |||||||||||||
| Investments & Other | 85 | 85 | 85 | ||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 313,089 | 514,844 | 414,839 | 318,537 | 125,107 | 98,390 | 142,179 | 93,490 | 67,584 | 24,789 | 11,633 | 2,996 | 300 |
| Stock & work in progress | 1,717,703 | 2,077,339 | 1,543,070 | 624,827 | 470,397 | 318,793 | 300,831 | 189,166 | 70,000 | 29,280 | 19,854 | 13,610 | 1,991 |
| Trade Debtors | 60,996 | 113,821 | 50,426 | 65,630 | 130,387 | 49,558 | 21,550 | 15,952 | 20,149 | 15,497 | 5,910 | 10,032 | 1,982 |
| Group Debtors | 372,056 | 509,190 | |||||||||||
| Misc Debtors | 292,869 | 297,674 | 369,374 | 126,544 | 139,951 | 61,178 | 7,227 | 3,556 | |||||
| Cash | 14,478 | 119,074 | 195,756 | 256,779 | 93,823 | 471 | 564 | 24,431 | 13,463 | 3,065 | 1,405 | ||
| misc current assets | |||||||||||||
| total current assets | 2,458,102 | 3,117,098 | 2,158,626 | 1,073,780 | 834,558 | 430,000 | 330,172 | 233,105 | 90,149 | 44,777 | 39,227 | 26,707 | 5,378 |
| total assets | 2,771,191 | 3,631,942 | 2,573,465 | 1,392,317 | 959,665 | 528,390 | 472,351 | 326,595 | 157,733 | 69,566 | 50,860 | 29,703 | 5,678 |
| Bank overdraft | 424,767 | 87,500 | 238 | 8,937 | |||||||||
| Bank loan | 278,333 | 278,333 | 126,855 | 126,855 | |||||||||
| Trade Creditors | 868,554 | 723,778 | 813,747 | 578,610 | 444,989 | 193,808 | 227,895 | 149,905 | 102,064 | 58,220 | 39,760 | 29,588 | 304 |
| Group/Directors Accounts | 551,748 | 630,877 | 5,000 | ||||||||||
| other short term finances | 245,458 | 59,603 | |||||||||||
| hp & lease commitments | 47,209 | 47,209 | 7,205 | ||||||||||
| other current liabilities | 709,740 | 713,861 | 833,425 | 220,070 | 161,551 | 201,187 | 92,415 | 32,383 | |||||
| total current liabilities | 3,125,809 | 2,453,661 | 1,774,027 | 925,535 | 694,040 | 395,233 | 329,247 | 189,493 | 102,064 | 58,220 | 39,760 | 29,588 | 5,304 |
| loans | 685,604 | 975,931 | 234,591 | 361,446 | 247,917 | ||||||||
| hp & lease commitments | 129,822 | 177,030 | 354 | 2,845 | |||||||||
| Accruals and Deferred Income | 13,506 | ||||||||||||
| other liabilities | 10,051 | ||||||||||||
| provisions | 64,422 | 114,066 | 69,229 | 45,115 | 17,505 | 17,638 | 54,026 | 18,697 | 13,777 | ||||
| total long term liabilities | 879,848 | 1,267,027 | 303,820 | 406,561 | 265,422 | 31,144 | 54,380 | 21,542 | 23,828 | ||||
| total liabilities | 4,005,657 | 3,720,688 | 2,077,847 | 1,332,096 | 959,462 | 426,377 | 383,627 | 211,035 | 125,892 | 58,220 | 39,760 | 29,588 | 5,304 |
| net assets | -1,234,466 | -88,746 | 495,618 | 60,221 | 203 | 102,013 | 88,724 | 115,560 | 31,841 | 11,346 | 11,100 | 115 | 374 |
| total shareholders funds | -1,234,466 | -88,746 | 495,618 | 60,221 | 203 | 102,013 | 88,724 | 115,560 | 31,841 | 11,346 | 11,100 | 115 | 374 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | -1,086,329 | -675,228 | |||||||||||
| Depreciation | 205,157 | 190,779 | 129,286 | 83,380 | 50,731 | 52,541 | 44,029 | 25,723 | 10,788 | 9,235 | 3,889 | 1,033 | 100 |
| Amortisation | |||||||||||||
| Tax | 49,644 | 136,320 | |||||||||||
| Stock | -359,636 | 534,269 | 918,243 | 154,430 | 151,604 | 17,962 | 111,665 | 119,166 | 40,720 | 9,426 | 6,244 | 11,619 | 1,991 |
| Debtors | -194,764 | 500,885 | 227,626 | -78,164 | 159,602 | 81,959 | 9,269 | -641 | 4,652 | 9,587 | -4,122 | 8,050 | 1,982 |
| Creditors | 144,776 | -89,969 | 235,137 | 133,621 | 251,181 | -34,087 | 77,990 | 47,841 | 43,844 | 18,460 | 10,172 | 29,284 | 304 |
| Accruals and Deferred Income | -4,121 | -119,564 | 613,355 | 58,519 | -53,142 | 122,278 | 60,032 | 32,383 | |||||
| Deferred Taxes & Provisions | -49,644 | 44,837 | 24,114 | 27,610 | -133 | -36,388 | 35,329 | 4,920 | 13,777 | ||||
| Cash flow from operations | -186,117 | -1,547,979 | |||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 85 | ||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 151,478 | 126,855 | |||||||||||
| Group/Directors Accounts | -79,129 | 630,877 | -5,000 | 5,000 | |||||||||
| Other Short Term Loans | 185,855 | 59,603 | |||||||||||
| Long term loans | -290,327 | 741,340 | -126,855 | 113,529 | 247,917 | ||||||||
| Hire Purchase and Lease Commitments | -47,208 | 224,239 | -354 | -9,696 | 10,050 | ||||||||
| other long term liabilities | -10,051 | 10,051 | |||||||||||
| share issue | |||||||||||||
| interest | -109,035 | -45,456 | |||||||||||
| cash flow from financing | -339,844 | 1,762,081 | |||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -104,596 | -76,682 | -61,023 | 162,956 | 93,352 | -93 | -23,867 | 24,431 | -13,463 | 10,398 | 1,660 | 1,405 | |
| overdraft | 424,767 | -87,500 | 87,262 | -8,699 | 8,937 | ||||||||
| change in cash | -529,363 | -76,682 | -61,023 | 250,456 | 6,090 | 8,606 | -32,804 | 24,431 | -13,463 | 10,398 | 1,660 | 1,405 |
candle shack limited Credit Report and Business Information
Candle Shack Limited Competitor Analysis
Perform a competitor analysis for candle shack limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in EC1V area or any other competitors across 12 key performance metrics.
candle shack limited Ownership
CANDLE SHACK LIMITED group structure
Candle Shack Limited has no subsidiary companies.
Ultimate parent company
CANDLE SHACK LIMITED
07331656
candle shack limited directors
Candle Shack Limited currently has 4 directors. The longest serving directors include Mr Duncan MacLean (Jul 2010) and Mrs Cheryl MacLean (Jul 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Duncan MacLean | Scotland | 50 years | Jul 2010 | - | Director |
| Mrs Cheryl MacLean | Scotland | 50 years | Jul 2010 | - | Director |
| Mr Alan Robertson | Scotland | 43 years | Sep 2021 | - | Director |
| Mr Anthony Christiaanse | United Kingdom | 62 years | Jun 2024 | - | Director |
P&L
July 2023turnover
10.5m
-1%
operating profit
-1.1m
+61%
gross margin
23.4%
-2.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-1.2m
+12.91%
total assets
2.8m
-0.24%
cash
14.5k
-0.88%
net assets
Total assets minus all liabilities
candle shack limited company details
company number
07331656
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
July 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
FRENCH DUNCAN LLP
address
kemp house 152 city road, london, EC1V 2NX
Bank
HSBC BANK PLC
Legal Advisor
BURNESS PAUL LLP
candle shack 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 3 charges/mortgages relating to candle shack limited. Currently there are 2 open charges and 1 have been satisfied in the past.
candle shack 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.
Click to start generating capital raising & share issue transactions for CANDLE SHACK LIMITED. This can take several minutes, an email will notify you when this has completed.
candle shack limited Companies House Filings - See Documents
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