zippy stitch ltd
zippy stitch ltd Company Information
Company Number
07493934
Next Accounts
Nov 2024
Industry
Repair of other personal and household goods
Directors
Shareholders
melanie beechinor collins
brain services trustees & brain services
View AllGroup Structure
View All
Contact
Registered Address
unit 2 spinnaker court, 1c becketts place, kingston upon thames, KT1 4EQ
Website
www.zippystitch.comzippy stitch ltd Estimated Valuation
Pomanda estimates the enterprise value of ZIPPY STITCH LTD at £999k based on a Turnover of £2.5m and 0.4x industry multiple (adjusted for size and gross margin).
zippy stitch ltd Estimated Valuation
Pomanda estimates the enterprise value of ZIPPY STITCH LTD at £0 based on an EBITDA of £-36.9k and a 4.64x industry multiple (adjusted for size and gross margin).
zippy stitch ltd Estimated Valuation
Pomanda estimates the enterprise value of ZIPPY STITCH LTD at £0 based on Net Assets of £-221k and 1.2x industry multiple (adjusted for liquidity).
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Zippy Stitch Ltd Overview
Zippy Stitch Ltd is a dissolved company that was located in kingston upon thames, KT1 4EQ with a Companies House number of 07493934. It operated in the repair of personal and household goods n.e.c. sector, SIC Code 95290. Founded in January 2011, it's largest shareholder was melanie beechinor collins with a 36% stake. The last turnover for Zippy Stitch Ltd was estimated at £2.5m.
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Zippy Stitch Ltd Health Check
Pomanda's financial health check has awarded Zippy Stitch Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £2.5m, make it larger than the average company (£271.1k)
- Zippy Stitch Ltd
£271.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (-1.8%)
- Zippy Stitch Ltd
-1.8% - Industry AVG
Production
with a gross margin of 33.3%, this company has a comparable cost of product (35.4%)
- Zippy Stitch Ltd
35.4% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (15.7%)
- Zippy Stitch Ltd
15.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (10)
3 - Zippy Stitch Ltd
10 - Industry AVG
Pay Structure
on an average salary of £21.2k, the company has an equivalent pay structure (£21.2k)
- Zippy Stitch Ltd
£21.2k - Industry AVG
Efficiency
resulting in sales per employee of £822.8k, this is more efficient (£50.8k)
- Zippy Stitch Ltd
£50.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (10 days)
- Zippy Stitch Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (31 days)
- Zippy Stitch Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Zippy Stitch Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Zippy Stitch Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 193.7%, this is a higher level of debt than the average (88.7%)
193.7% - Zippy Stitch Ltd
88.7% - Industry AVG
ZIPPY STITCH LTD financials
Zippy Stitch Ltd's latest turnover from January 2018 is estimated at £2.5 million and the company has net assets of -£221 thousand. According to their latest financial statements, Zippy Stitch Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 13 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 189 | 4,813 | 16,888 | 28,737 | 39,058 | 50,660 | 24,617 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 102 | 202 | 202 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 189 | 4,813 | 16,990 | 28,939 | 39,260 | 50,660 | 24,617 |
| Stock & work in progress | 0 | 0 | 6,500 | 6,500 | 6,500 | 6,500 | 2,000 |
| Trade Debtors | 235,640 | 217,243 | 178,760 | 150,602 | 165,016 | 105,626 | 40,110 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 388 | 1,626 | 0 | 0 | 4,003 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 235,640 | 217,243 | 185,648 | 158,728 | 171,516 | 112,126 | 46,113 |
| total assets | 235,829 | 222,056 | 202,638 | 187,667 | 210,776 | 162,786 | 70,730 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 336,779 | 200,449 | 234,801 | 182,946 | 123,733 | 80,874 | 1,900 |
| Group/Directors Accounts | 0 | 85,660 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 336,779 | 286,109 | 234,801 | 182,946 | 123,733 | 80,874 | 1,900 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 120,000 | 120,000 | 120,000 | 120,000 | 104,391 | 106,884 | 109,377 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 120,000 | 120,000 | 120,000 | 120,000 | 104,391 | 106,884 | 109,377 |
| total liabilities | 456,779 | 406,109 | 354,801 | 302,946 | 228,124 | 187,758 | 111,277 |
| net assets | -220,950 | -184,053 | -152,163 | -115,279 | -17,348 | -24,972 | -40,547 |
| total shareholders funds | -220,950 | -184,053 | -152,163 | -115,279 | -17,348 | -24,972 | -40,547 |
| Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 12,141 | 11,761 | 11,602 | 14,719 | 6,155 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||
| Stock | 0 | -6,500 | 0 | 0 | 0 | 4,500 | 2,000 |
| Debtors | 18,397 | 38,483 | 28,158 | -14,414 | 59,390 | 65,516 | 40,110 |
| Creditors | 136,330 | -34,352 | 51,855 | 59,213 | 42,859 | 78,974 | 1,900 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | -102 | -100 | 0 | 202 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -85,660 | 85,660 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 15,609 | -2,493 | -2,493 | 109,377 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | -388 | -1,238 | 1,626 | 0 | -4,003 | 4,003 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -388 | -1,238 | 1,626 | 0 | -4,003 | 4,003 |
zippy stitch ltd Credit Report and Business Information
Zippy Stitch Ltd Competitor Analysis
Perform a competitor analysis for zippy stitch ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in KT1 area or any other competitors across 12 key performance metrics.
zippy stitch ltd Ownership
ZIPPY STITCH LTD group structure
Zippy Stitch Ltd has 3 subsidiary companies.
Ultimate parent company
ZIPPY STITCH LTD
07493934
3 subsidiaries
zippy stitch ltd directors
Zippy Stitch Ltd currently has 1 director, Mrs Melanie Beechinor-Collins serving since Jan 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Melanie Beechinor-Collins | United Kingdom | 52 years | Jan 2011 | - | Director |
P&L
January 2018turnover
2.5m
+29%
operating profit
-36.9k
0%
gross margin
33.4%
-13.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2018net assets
-221k
+0.2%
total assets
235.8k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
zippy stitch ltd company details
company number
07493934
Type
Private limited with Share Capital
industry
95290 - Repair of other personal and household goods
incorporation date
January 2011
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2018
previous names
N/A
accountant
-
auditor
-
address
unit 2 spinnaker court, 1c becketts place, kingston upon thames, KT1 4EQ
Bank
-
Legal Advisor
-
zippy stitch 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 found 1 charges/mortgages relating to zippy stitch ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
zippy stitch ltd Companies House Filings - See Documents
| date | description | view/download |
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