papersmiths limited Company Information
Company Number
07678045
Website
papersmiths.co.ukRegistered Address
21 sydney street, brighton, BN1 4EN
Industry
Retail sale of books in specialised stores
Telephone
01273696769
Next Accounts Due
March 2025
Group Structure
View All
Directors
Sidonie Warren13 Years
Shareholders
sidonie warren 100%
papersmiths limited Estimated Valuation
Pomanda estimates the enterprise value of PAPERSMITHS LIMITED at £216.5k based on a Turnover of £641.3k and 0.34x industry multiple (adjusted for size and gross margin).
papersmiths limited Estimated Valuation
Pomanda estimates the enterprise value of PAPERSMITHS LIMITED at £393.1k based on an EBITDA of £118.2k and a 3.33x industry multiple (adjusted for size and gross margin).
papersmiths limited Estimated Valuation
Pomanda estimates the enterprise value of PAPERSMITHS LIMITED at £562.2k based on Net Assets of £104.8k and 5.36x industry multiple (adjusted for liquidity).
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Papersmiths Limited Overview
Papersmiths Limited is a live company located in brighton, BN1 4EN with a Companies House number of 07678045. It operates in the retail sale of books in specialised stores sector, SIC Code 47610. Founded in June 2011, it's largest shareholder is sidonie warren with a 100% stake. Papersmiths Limited is a established, small sized company, Pomanda has estimated its turnover at £641.3k with declining growth in recent years.
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Papersmiths Limited Health Check
Pomanda's financial health check has awarded Papersmiths Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £641.3k, make it larger than the average company (£235.3k)
- Papersmiths Limited
£235.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (-1.5%)
- Papersmiths Limited
-1.5% - Industry AVG
Production
with a gross margin of 43.8%, this company has a comparable cost of product (43.8%)
- Papersmiths Limited
43.8% - Industry AVG
Profitability
an operating margin of 15.6% make it more profitable than the average company (3.3%)
- Papersmiths Limited
3.3% - Industry AVG
Employees
with 20 employees, this is above the industry average (6)
20 - Papersmiths Limited
6 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- Papersmiths Limited
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £32.1k, this is less efficient (£64.5k)
- Papersmiths Limited
£64.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Papersmiths Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (37 days)
- Papersmiths Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 166 days, this is more than average (93 days)
- Papersmiths Limited
93 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is less cash available to meet short term requirements (43 weeks)
25 weeks - Papersmiths Limited
43 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.8%, this is a similar level of debt than the average (63.6%)
63.8% - Papersmiths Limited
63.6% - Industry AVG
PAPERSMITHS LIMITED financials
Papersmiths Limited's latest turnover from June 2023 is estimated at £641.3 thousand and the company has net assets of £104.8 thousand. According to their latest financial statements, Papersmiths Limited has 20 employees and maintains cash reserves of £68.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 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 | 20 | 15 | 12 | 32 | 33 | 17 | 17 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 5,465 | 23,123 | 37,429 | 71,387 | 100,295 | 90,633 | 58,718 | 20,940 | 26,138 | 5,491 | 4,658 | 3,307 |
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 | 5,465 | 23,123 | 37,429 | 71,387 | 100,295 | 90,633 | 58,718 | 20,940 | 26,138 | 5,491 | 4,658 | 3,307 |
Stock & work in progress | 163,954 | 115,349 | 70,155 | 65,556 | 79,264 | 39,237 | 33,877 | 22,575 | 29,724 | 5,000 | 1,500 | 0 |
Trade Debtors | 0 | 3,424 | 2,718 | 0 | 20,093 | 27,749 | 40,462 | 125,818 | 20,211 | 19,965 | 6,214 | 253 |
Group Debtors | 0 | 0 | 0 | 6,577 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 51,243 | 87,387 | 44,101 | 43,059 | 106,060 | 60,721 | 13,503 | 20,518 | 0 | 0 | 0 | 0 |
Cash | 68,907 | 102,591 | 84,001 | 148,238 | 4,565 | 15,597 | 6,074 | 71,794 | 30,744 | 17,925 | 611 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 37,088 | 36,675 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 284,104 | 308,751 | 200,975 | 263,430 | 247,070 | 179,979 | 93,916 | 240,705 | 80,679 | 42,890 | 8,325 | 253 |
total assets | 289,569 | 331,874 | 238,404 | 334,817 | 347,365 | 270,612 | 152,634 | 261,645 | 106,817 | 48,381 | 12,983 | 3,560 |
Bank overdraft | 10,000 | 10,000 | 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 | 39,325 | 57,921 | 88,023 | 242,386 | 290,897 | 81,331 | 43,241 | 85,565 | 95,579 | 37,672 | 19,938 | 11,750 |
Group/Directors Accounts | 24,474 | 66,376 | 27,847 | 50,882 | 80,216 | 15,783 | 18,276 | 53,730 | 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 | 64,076 | 43,139 | 79,388 | 49,609 | 38,781 | 22,068 | 25,597 | 68,760 | 0 | 0 | 0 | 0 |
total current liabilities | 137,875 | 177,436 | 195,258 | 342,877 | 409,894 | 119,182 | 87,114 | 208,055 | 95,579 | 37,672 | 19,938 | 11,750 |
loans | 20,000 | 30,000 | 50,000 | 50,000 | 0 | 0 | 1,427 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 26,893 | 95,000 | 133,056 | 140,551 | 187,986 | 235,334 | 0 | 0 | 0 | 1,002 | 4,514 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 3,769 | 3,769 | 3,769 | 0 | 0 | 0 | 0 |
total long term liabilities | 46,893 | 125,000 | 183,056 | 190,551 | 187,986 | 239,103 | 5,196 | 3,769 | 0 | 1,002 | 4,514 | 0 |
total liabilities | 184,768 | 302,436 | 378,314 | 533,428 | 597,880 | 358,285 | 92,310 | 211,824 | 95,579 | 38,674 | 24,452 | 11,750 |
net assets | 104,801 | 29,438 | -139,910 | -198,611 | -250,515 | -87,673 | 60,324 | 49,821 | 11,238 | 9,707 | -11,469 | -8,190 |
total shareholders funds | 104,801 | 29,438 | -139,910 | -198,611 | -250,515 | -87,673 | 60,324 | 49,821 | 11,238 | 9,707 | -11,469 | -8,190 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 18,179 | 17,962 | 25,311 | 26,055 | 32,223 | 20,557 | 9,974 | 6,981 | 3,419 | 1,425 | 1,478 | 844 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||
Stock | 48,605 | 45,194 | 4,599 | -13,708 | 40,027 | 5,360 | 11,302 | -7,149 | 24,724 | 3,500 | 1,500 | 0 |
Debtors | -39,568 | 43,992 | -2,817 | -76,517 | 37,683 | 34,505 | -92,371 | 126,125 | 246 | 13,751 | 5,961 | 253 |
Creditors | -18,596 | -30,102 | -154,363 | -48,511 | 209,566 | 38,090 | -42,324 | -10,014 | 57,907 | 17,734 | 8,188 | 11,750 |
Accruals and Deferred Income | 20,937 | -36,249 | 29,779 | 10,828 | 16,713 | -3,529 | -43,163 | 68,760 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -3,769 | 0 | 0 | 3,769 | 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 | -41,902 | 38,529 | -23,035 | -29,334 | 64,433 | -2,493 | -35,454 | 53,730 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -10,000 | -20,000 | 0 | 50,000 | 0 | -1,427 | 1,427 | 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 | -68,107 | -38,056 | -7,495 | -47,435 | -47,348 | 235,334 | 0 | 0 | -1,002 | -3,512 | 4,514 | 0 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | -33,684 | 18,590 | -64,237 | 143,673 | -11,032 | 9,523 | -65,720 | 41,050 | 12,819 | 17,314 | 611 | 0 |
overdraft | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -33,684 | 8,590 | -64,237 | 143,673 | -11,032 | 9,523 | -65,720 | 41,050 | 12,819 | 17,314 | 611 | 0 |
papersmiths limited Credit Report and Business Information
Papersmiths Limited Competitor Analysis
Perform a competitor analysis for papersmiths limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BN1 area or any other competitors across 12 key performance metrics.
papersmiths limited Ownership
PAPERSMITHS LIMITED group structure
Papersmiths Limited has no subsidiary companies.
Ultimate parent company
PAPERSMITHS LIMITED
07678045
papersmiths limited directors
Papersmiths Limited currently has 1 director, Ms Sidonie Warren serving since Jun 2011.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Sidonie Warren | England | 37 years | Jun 2011 | - | Director |
P&L
June 2023turnover
641.3k
+69%
operating profit
100k
0%
gross margin
43.9%
-3.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
104.8k
+2.56%
total assets
289.6k
-0.13%
cash
68.9k
-0.33%
net assets
Total assets minus all liabilities
papersmiths limited company details
company number
07678045
Type
Private limited with Share Capital
industry
47610 - Retail sale of books in specialised stores
incorporation date
June 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
ninesixthree ltd. (October 2020)
accountant
-
auditor
-
address
21 sydney street, brighton, BN1 4EN
Bank
-
Legal Advisor
-
papersmiths 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 papersmiths limited.
papersmiths limited Companies House Filings - See Documents
date | description | view/download |
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