10-12 new college parade, finchley road, london, NW3 5EP
Website
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songkran ltdEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of SONGKRAN LTD at £2.3m based on a Turnover of £3.8m and 0.6x industry multiple (adjusted for size and gross margin).
songkran ltdEstimated Valuation
£521.4k
Pomanda estimates the enterprise value of SONGKRAN LTD at £521.4k based on an EBITDA of £135.5k and a 3.85x industry multiple (adjusted for size and gross margin).
songkran ltdEstimated Valuation
£1.9m
Pomanda estimates the enterprise value of SONGKRAN LTD at £1.9m based on Net Assets of £804.5k and 2.36x industry multiple (adjusted for liquidity).
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Songkran LtdOverview
Songkran Ltd is a dissolved company that was located in london, NW3 5EP with a Companies House number of 07402380. It operated in the licenced restaurants sector, SIC Code 56101. Founded in October 2010, it's largest shareholder was
nonin liemphetcharat
with a 45% stake. The last turnover for Songkran Ltd was estimated at £3.8m.
Pomanda's financial health check has awarded Songkran Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
1 Regular
6 Weak
Size
annual sales of £3.8m, make it larger than the average company (£1m)
£3.8m - Songkran Ltd
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (5.1%)
-10% - Songkran Ltd
5.1% - Industry AVG
Production
with a gross margin of 40.7%, this company has a higher cost of product (62.7%)
40.7% - Songkran Ltd
62.7% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (4.2%)
2.9% - Songkran Ltd
4.2% - Industry AVG
Employees
with 33 employees, this is below the industry average (69)
33 - Songkran Ltd
69 - Industry AVG
Pay Structure
on an average salary of £17.2k, the company has an equivalent pay structure (£17.2k)
£17.2k - Songkran Ltd
£17.2k - Industry AVG
Efficiency
resulting in sales per employee of £116.3k, this is more efficient (£46.6k)
£116.3k - Songkran Ltd
£46.6k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (5 days)
43 days - Songkran Ltd
5 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (47 days)
68 days - Songkran Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (14 days)
1 days - Songkran Ltd
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (12 weeks)
8 weeks - Songkran Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.7%, this is a lower level of debt than the average (83.2%)
34.7% - Songkran Ltd
83.2% - Industry AVG
SONGKRAN LTD financials
EXPORT
Songkran Ltd's latest turnover from March 2017 is estimated at £3.8 million and the company has net assets of £804.5 thousand. According to their latest financial statements, Songkran Ltd has 33 employees and maintains cash reserves of £73.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Turnover
3,836,983
4,216,584
7,189,819
5,214,169
3,080,061
1,517,022
Other Income Or Grants
Cost Of Sales
2,275,810
2,546,829
4,395,985
3,228,325
1,958,655
951,573
Gross Profit
1,561,172
1,669,754
2,793,834
1,985,844
1,121,407
565,449
Admin Expenses
1,451,608
1,465,656
2,642,418
1,717,085
842,795
551,136
Operating Profit
109,564
204,098
151,416
268,759
278,612
14,313
Interest Payable
Interest Receivable
228
358
904
1,717
1,838
939
Pre-Tax Profit
109,793
204,456
152,320
270,475
280,450
15,253
Tax
-21,958
-40,891
-31,987
-62,209
-67,308
-3,966
Profit After Tax
87,834
163,565
120,333
208,266
213,142
11,287
Dividends Paid
Retained Profit
87,834
163,565
120,333
208,266
213,142
11,287
Employee Costs
565,961
546,218
2,027,314
1,462,081
862,110
420,141
Number Of Employees
33
33
123
91
56
28
EBITDA*
135,474
238,575
198,753
338,082
378,553
133,944
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Tangible Assets
51,820
69,998
94,688
140,748
202,909
239,263
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
51,820
69,998
94,688
140,748
202,909
239,263
Stock & work in progress
9,011
4,425
16,840
13,650
11,150
3,650
Trade Debtors
459,214
451,879
389,235
293,843
150,961
73,932
Group Debtors
Misc Debtors
Cash
73,590
108,946
34,199
327,336
359,322
375,787
misc current assets
638,915
612,302
604,225
113,566
24,217
total current assets
1,180,730
1,177,552
1,044,499
748,395
545,650
453,369
total assets
1,232,550
1,247,550
1,139,187
889,143
748,559
692,632
Bank overdraft
Bank loan
Trade Creditors
428,023
530,857
586,059
456,348
524,030
681,245
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
428,023
530,857
586,059
456,348
524,030
681,245
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
428,023
530,857
586,059
456,348
524,030
681,245
net assets
804,527
716,693
553,128
432,795
224,529
11,387
total shareholders funds
804,527
716,693
553,128
432,795
224,529
11,387
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Operating Activities
Operating Profit
109,564
204,098
151,416
268,759
278,612
14,313
Depreciation
25,910
34,477
47,337
69,323
99,941
119,631
Amortisation
Tax
-21,958
-40,891
-31,987
-62,209
-67,308
-3,966
Stock
4,586
-12,415
3,190
2,500
7,500
3,650
Debtors
7,335
62,644
95,392
142,882
77,029
73,932
Creditors
-102,834
-55,202
129,711
-67,682
-157,215
681,245
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-1,239
92,253
197,895
62,809
69,501
733,641
Investing Activities
capital expenditure
-7,732
-9,787
-1,277
-7,162
-63,587
-358,894
Change in Investments
cash flow from investments
-7,732
-9,787
-1,277
-7,162
-63,587
-358,894
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
100
interest
228
358
904
1,717
1,838
939
cash flow from financing
228
358
904
1,717
1,838
1,039
cash and cash equivalents
cash
-35,356
74,747
-293,137
-31,986
-16,465
375,787
overdraft
change in cash
-35,356
74,747
-293,137
-31,986
-16,465
375,787
songkran 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 songkran ltd. Get real-time insights into songkran ltd's credit score, group structure and payment trends.
Perform a competitor analysis for songkran ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in NW3 area or any other competitors across 12 key performance metrics.
songkran ltd Ownership
SONGKRAN LTD group structure
Songkran Ltd has no subsidiary companies.
Ultimate parent company
SONGKRAN LTD
07402380
SONGKRAN LTD Shareholders
The largest shareholders in Songkran Ltd include Nonin Liemphetcharat and Coca Restaurants (Uk) Limited.
nonin liemphetcharat
45%
coca restaurants (uk) limited
30%
doranbridge limited
15%
andrew lloyd
10%
songkran ltd directors
Songkran Ltd currently has 2 directors.
The longest serving directors include
Mr Eddie Lim (Oct 2010) and
Mr Andrew Lloyd (Nov 2011).
10-12 new college parade, finchley road, london, NW3 5EP
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songkran 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 songkran ltd.
songkran 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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songkran ltdCompanies House Filings - See Documents
