smiths of wapping ltd
smiths of wapping ltd Company Information
Group Structure
View All
Industry
Licensed restaurants
Registered Address
1st floor 87/89 high street, hoddesdon, herts, EN11 8TL
Website
smithsrestaurants.comsmiths of wapping ltd Estimated Valuation
Pomanda estimates the enterprise value of SMITHS OF WAPPING LTD at £2.8m based on a Turnover of £3.9m and 0.72x industry multiple (adjusted for size and gross margin).
smiths of wapping ltd Estimated Valuation
Pomanda estimates the enterprise value of SMITHS OF WAPPING LTD at £950.4k based on an EBITDA of £204.6k and a 4.64x industry multiple (adjusted for size and gross margin).
smiths of wapping ltd Estimated Valuation
Pomanda estimates the enterprise value of SMITHS OF WAPPING LTD at £2.5m based on Net Assets of £930.1k and 2.72x industry multiple (adjusted for liquidity).
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Smiths Of Wapping Ltd Overview
Smiths Of Wapping Ltd is a live company located in herts, EN11 8TL with a Companies House number of 07785194. It operates in the licenced restaurants sector, SIC Code 56101. Founded in September 2011, it's largest shareholder is gregory molen with a 100% stake. Smiths Of Wapping Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.9m with high growth in recent years.
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Smiths Of Wapping Ltd Health Check
Pomanda's financial health check has awarded Smiths Of Wapping Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £3.9m, make it larger than the average company (£2.5m)
- Smiths Of Wapping Ltd
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (17.1%)
- Smiths Of Wapping Ltd
17.1% - Industry AVG
Production
with a gross margin of 59.9%, this company has a comparable cost of product (59.9%)
- Smiths Of Wapping Ltd
59.9% - Industry AVG
Profitability
an operating margin of 2.8% make it as profitable than the average company (2.5%)
- Smiths Of Wapping Ltd
2.5% - Industry AVG
Employees
with 93 employees, this is above the industry average (48)
93 - Smiths Of Wapping Ltd
48 - Industry AVG
Pay Structure
on an average salary of £20k, the company has an equivalent pay structure (£20k)
- Smiths Of Wapping Ltd
£20k - Industry AVG
Efficiency
resulting in sales per employee of £41.9k, this is less efficient (£55.9k)
- Smiths Of Wapping Ltd
£55.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Smiths Of Wapping Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (49 days)
- Smiths Of Wapping Ltd
49 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is in line with average (11 days)
- Smiths Of Wapping Ltd
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 59 weeks, this is more cash available to meet short term requirements (12 weeks)
59 weeks - Smiths Of Wapping Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.8%, this is a lower level of debt than the average (84.2%)
46.8% - Smiths Of Wapping Ltd
84.2% - Industry AVG
SMITHS OF WAPPING LTD financials
Smiths Of Wapping Ltd's latest turnover from January 2024 is estimated at £3.9 million and the company has net assets of £930.1 thousand. According to their latest financial statements, Smiths Of Wapping Ltd has 93 employees and maintains cash reserves of £888.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 93 | 86 | 70 | 69 | 77 | 77 | 64 | 65 | 57 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 281,983 | 127,304 | 38,039 | 55,495 | 41,048 | 52,228 | 44,651 | 49,837 | 54,033 | 62,725 | 83,634 | 1,511 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 281,983 | 127,304 | 38,039 | 55,495 | 41,048 | 52,228 | 44,651 | 49,837 | 54,033 | 62,725 | 83,634 | 1,511 |
| Stock & work in progress | 56,400 | 34,800 | 30,000 | 32,000 | 82,000 | 76,000 | 73,000 | 63,000 | 59,000 | 57,000 | 51,000 | 47,000 |
| Trade Debtors | 105,721 | 67,800 | 127,166 | |||||||||
| Group Debtors | ||||||||||||
| Misc Debtors | 520,890 | 659,812 | 176,951 | 347,970 | 425,385 | 397,058 | 203,562 | 265,089 | 192,549 | |||
| Cash | 888,518 | 862,671 | 1,250,454 | 410,220 | 237,760 | 126,004 | 294,807 | 274,277 | 90,285 | 117,861 | 92,078 | 33,962 |
| misc current assets | ||||||||||||
| total current assets | 1,465,808 | 1,557,283 | 1,457,405 | 790,190 | 745,145 | 599,062 | 571,369 | 602,366 | 341,834 | 280,582 | 210,878 | 208,128 |
| total assets | 1,747,791 | 1,684,587 | 1,495,444 | 845,685 | 786,193 | 651,290 | 616,020 | 652,203 | 395,867 | 343,307 | 294,512 | 209,639 |
| Bank overdraft | 10,000 | 10,000 | 10,000 | 6,667 | ||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 143,273 | 138,724 | 142,238 | 105,775 | 127,497 | 135,346 | 137,435 | 127,190 | 87,339 | 313,125 | 276,522 | 209,733 |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 627,580 | 673,290 | 863,035 | 629,315 | 493,132 | 478,761 | 458,548 | 392,101 | 288,819 | |||
| total current liabilities | 780,853 | 822,014 | 1,015,273 | 741,757 | 620,629 | 614,107 | 595,983 | 519,291 | 376,158 | 313,125 | 276,522 | 209,733 |
| loans | 13,333 | 23,333 | 33,333 | 43,333 | ||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | 23,499 | 24,188 | 7,227 | 3,425 | 2,589 | |||||||
| total long term liabilities | 36,832 | 47,521 | 40,560 | 46,758 | 2,589 | |||||||
| total liabilities | 817,685 | 869,535 | 1,055,833 | 788,515 | 623,218 | 614,107 | 595,983 | 519,291 | 376,158 | 313,125 | 276,522 | 209,733 |
| net assets | 930,106 | 815,052 | 439,611 | 57,170 | 162,975 | 37,183 | 20,037 | 132,912 | 19,709 | 30,182 | 17,990 | -94 |
| total shareholders funds | 930,106 | 815,052 | 439,611 | 57,170 | 162,975 | 37,183 | 20,037 | 132,912 | 19,709 | 30,182 | 17,990 | -94 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 94,003 | 27,280 | 12,686 | 11,230 | 13,689 | 17,417 | 14,887 | 16,614 | 18,014 | 20,909 | 27,877 | 138 |
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | 21,600 | 4,800 | -2,000 | -50,000 | 6,000 | 3,000 | 10,000 | 4,000 | 2,000 | 6,000 | 4,000 | 47,000 |
| Debtors | -138,922 | 482,861 | -171,019 | -77,415 | 28,327 | 193,496 | -61,527 | 72,540 | 86,828 | 37,921 | -59,366 | 127,166 |
| Creditors | 4,549 | -3,514 | 36,463 | -21,722 | -7,849 | -2,089 | 10,245 | 39,851 | -225,786 | 36,603 | 66,789 | 209,733 |
| Accruals and Deferred Income | -45,710 | -189,745 | 233,720 | 136,183 | 14,371 | 20,213 | 66,447 | 103,282 | 288,819 | |||
| Deferred Taxes & Provisions | -689 | 16,961 | 3,802 | 836 | 2,589 | |||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -10,000 | -10,000 | -10,000 | 43,333 | ||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 25,847 | -387,783 | 840,234 | 172,460 | 111,756 | -168,803 | 20,530 | 183,992 | -27,576 | 25,783 | 58,116 | 33,962 |
| overdraft | 3,333 | 6,667 | ||||||||||
| change in cash | 25,847 | -387,783 | 836,901 | 165,793 | 111,756 | -168,803 | 20,530 | 183,992 | -27,576 | 25,783 | 58,116 | 33,962 |
smiths of wapping ltd Credit Report and Business Information
Smiths Of Wapping Ltd Competitor Analysis
Perform a competitor analysis for smiths of wapping ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in EN11 area or any other competitors across 12 key performance metrics.
smiths of wapping ltd Ownership
SMITHS OF WAPPING LTD group structure
Smiths Of Wapping Ltd has no subsidiary companies.
Ultimate parent company
SMITHS OF WAPPING LTD
07785194
smiths of wapping ltd directors
Smiths Of Wapping Ltd currently has 1 director, Mr Gregory Molen serving since May 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gregory Molen | England | 63 years | May 2013 | - | Director |
P&L
January 2024turnover
3.9m
+17%
operating profit
110.6k
0%
gross margin
59.9%
+1.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
930.1k
+0.14%
total assets
1.7m
+0.04%
cash
888.5k
+0.03%
net assets
Total assets minus all liabilities
smiths of wapping ltd company details
company number
07785194
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
September 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
1st floor 87/89 high street, hoddesdon, herts, EN11 8TL
Bank
-
Legal Advisor
-
smiths of wapping 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 smiths of wapping ltd.
smiths of wapping 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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smiths of wapping ltd Companies House Filings - See Documents
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