ping ping jewellery limited
ping ping jewellery limited Company Information
Company Number
07483279
Website
http://88london.co.ukRegistered Address
suite 2 healey house, dene road, andover, hampshire, SP10 2AA
Industry
Retail sale of watches and jewellery in specialised stores
Telephone
01980625705
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
shu-pin lee 70%
simon reeve 30%
ping ping jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of PING PING JEWELLERY LIMITED at £213.5k based on a Turnover of £629.2k and 0.34x industry multiple (adjusted for size and gross margin).
ping ping jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of PING PING JEWELLERY LIMITED at £0 based on an EBITDA of £-2.2k and a 2.85x industry multiple (adjusted for size and gross margin).
ping ping jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of PING PING JEWELLERY LIMITED at £0 based on Net Assets of £-243.1k and 2.55x industry multiple (adjusted for liquidity).
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Ping Ping Jewellery Limited Overview
Ping Ping Jewellery Limited is a live company located in hampshire, SP10 2AA with a Companies House number of 07483279. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in January 2011, it's largest shareholder is shu-pin lee with a 70% stake. Ping Ping Jewellery Limited is a established, small sized company, Pomanda has estimated its turnover at £629.2k with declining growth in recent years.
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Ping Ping Jewellery Limited Health Check
Pomanda's financial health check has awarded Ping Ping Jewellery Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £629.2k, make it smaller than the average company (£6.9m)
- Ping Ping Jewellery Limited
£6.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (11.2%)
- Ping Ping Jewellery Limited
11.2% - Industry AVG
Production
with a gross margin of 28.7%, this company has a comparable cost of product (35.1%)
- Ping Ping Jewellery Limited
35.1% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (9%)
- Ping Ping Jewellery Limited
9% - Industry AVG
Employees
with 3 employees, this is below the industry average (21)
3 - Ping Ping Jewellery Limited
21 - Industry AVG
Pay Structure
on an average salary of £30.6k, the company has an equivalent pay structure (£30.6k)
- Ping Ping Jewellery Limited
£30.6k - Industry AVG
Efficiency
resulting in sales per employee of £209.7k, this is equally as efficient (£198.9k)
- Ping Ping Jewellery Limited
£198.9k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (17 days)
- Ping Ping Jewellery Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 297 days, this is slower than average (41 days)
- Ping Ping Jewellery Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ping Ping Jewellery Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ping Ping Jewellery Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 274.3%, this is a higher level of debt than the average (55.7%)
274.3% - Ping Ping Jewellery Limited
55.7% - Industry AVG
ping ping jewellery limited Credit Report and Business Information
Ping Ping Jewellery Limited Competitor Analysis
Perform a competitor analysis for ping ping jewellery limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ping ping jewellery limited Ownership
PING PING JEWELLERY LIMITED group structure
Ping Ping Jewellery Limited has no subsidiary companies.
Ultimate parent company
PING PING JEWELLERY LIMITED
07483279
ping ping jewellery limited directors
Ping Ping Jewellery Limited currently has 2 directors. The longest serving directors include Mr Simon Reeve (Jan 2011) and Shu-Pin Lee (Jan 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Reeve | United Kingdom | 63 years | Jan 2011 | - | Director |
| Shu-Pin Lee | United Kingdom | 49 years | Jan 2011 | - | Director |
PING PING JEWELLERY LIMITED financials
Ping Ping Jewellery Limited's latest turnover from January 2023 is estimated at £629.2 thousand and the company has net assets of -£243.1 thousand. According to their latest financial statements, Ping Ping Jewellery Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 3 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 298 | 391 | 25 | 105 | 360 | 615 | 795 | 923 | 1,636 | 3,051 | 4,218 | 4,979 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 298 | 391 | 25 | 105 | 360 | 615 | 795 | 923 | 1,636 | 3,051 | 4,218 | 4,979 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 188,477 | 142,385 | 121,031 | 124,835 | 66,000 |
| Trade Debtors | 129,435 | 155,308 | 224,147 | 269,763 | 242,373 | 242,657 | 257,993 | 29,622 | 44,322 | 22,863 | 21,344 | 22,302 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,732 | 5,149 | 0 | 2,946 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,001 | 2,083 | 1,518 | 2,988 | 3,672 |
| misc current assets | 0 | 0 | 0 | 0 | 7,153 | 8,846 | 7,976 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 139,167 | 160,457 | 224,147 | 272,709 | 249,526 | 251,503 | 265,969 | 221,100 | 188,790 | 145,412 | 149,167 | 91,974 |
| total assets | 139,465 | 160,848 | 224,172 | 272,814 | 249,886 | 252,118 | 266,764 | 222,023 | 190,426 | 148,463 | 153,385 | 96,953 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 364,950 | 382,377 | 412,788 | 487,399 | 450,972 | 426,154 | 406,277 | 311,933 | 239,372 | 188,159 | 171,872 | 126,913 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 364,950 | 382,377 | 412,788 | 487,399 | 450,972 | 426,154 | 406,277 | 311,933 | 239,372 | 188,159 | 171,872 | 126,913 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 6,154 | 3,100 | 2,930 | 2,930 | 2,930 | 1,530 | 1,530 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 11,439 | 16,242 | 44,000 | 0 | 0 | 0 | 0 | 0 | 4,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 17,593 | 19,342 | 46,930 | 2,930 | 2,930 | 1,530 | 1,530 | 0 | 4,000 | 0 | 0 | 0 |
| total liabilities | 382,543 | 401,719 | 459,718 | 490,329 | 453,902 | 427,684 | 407,807 | 311,933 | 243,372 | 188,159 | 171,872 | 126,913 |
| net assets | -243,078 | -240,871 | -235,546 | -217,515 | -204,016 | -175,566 | -141,043 | -89,910 | -52,946 | -39,696 | -18,487 | -29,960 |
| total shareholders funds | -243,078 | -240,871 | -235,546 | -217,515 | -204,016 | -175,566 | -141,043 | -89,910 | -52,946 | -39,696 | -18,487 | -29,960 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 1,589 | 1,415 | 1,415 | 1,365 | 1,245 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -188,477 | 46,092 | 21,354 | -3,804 | 58,835 | 66,000 |
| Debtors | -21,290 | -63,690 | -48,562 | 30,336 | -284 | -15,336 | 228,371 | -14,700 | 21,459 | 1,519 | -958 | 22,302 |
| Creditors | -17,427 | -30,411 | -74,611 | 36,427 | 24,818 | 19,877 | 94,344 | 72,561 | 51,213 | 16,287 | 44,959 | 126,913 |
| Accruals and Deferred Income | 3,054 | 170 | 0 | 0 | 1,400 | 0 | 1,530 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -4,803 | -27,758 | 44,000 | 0 | 0 | 0 | 0 | -4,000 | 4,000 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -3,001 | 918 | 565 | -1,470 | -684 | 3,672 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -3,001 | 918 | 565 | -1,470 | -684 | 3,672 |
P&L
January 2023turnover
629.2k
-13%
operating profit
-2.2k
0%
gross margin
28.8%
+35.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-243.1k
+0.01%
total assets
139.5k
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ping ping jewellery limited company details
company number
07483279
Type
Private limited with Share Capital
industry
47770 - Retail sale of watches and jewellery in specialised stores
incorporation date
January 2011
age
13
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
suite 2 healey house, dene road, andover, hampshire, SP10 2AA
last accounts submitted
January 2023
ping ping jewellery 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 did not find charges/mortgages relating to ping ping jewellery limited.
ping ping jewellery limited Companies House Filings - See Documents
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