aromaworks limited
aromaworks limited Company Information
Company Number
08039193
Next Accounts
Jan 2025
Industry
Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
Directors
Shareholders
mirakuru ltd
hanover resources ltd
View AllGroup Structure
View All
Contact
Registered Address
the shard, 32 london bridge street, london, SE1 9SG
Website
www.aroma-works.comaromaworks limited Estimated Valuation
Pomanda estimates the enterprise value of AROMAWORKS LIMITED at £3.8m based on a Turnover of £8.6m and 0.44x industry multiple (adjusted for size and gross margin).
aromaworks limited Estimated Valuation
Pomanda estimates the enterprise value of AROMAWORKS LIMITED at £502.5k based on an EBITDA of £121.9k and a 4.12x industry multiple (adjusted for size and gross margin).
aromaworks limited Estimated Valuation
Pomanda estimates the enterprise value of AROMAWORKS LIMITED at £0 based on Net Assets of £-617.5k and 2.76x industry multiple (adjusted for liquidity).
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Aromaworks Limited Overview
Aromaworks Limited is a dissolved company that was located in london, SE1 9SG with a Companies House number of 08039193. It operated in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) sector, SIC Code 47789. Founded in April 2012, it's largest shareholder was mirakuru ltd with a 37.7% stake. The last turnover for Aromaworks Limited was estimated at £8.6m.
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Aromaworks Limited Health Check
Pomanda's financial health check has awarded Aromaworks Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £8.6m, make it larger than the average company (£5.1m)
- Aromaworks Limited
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 77%, show it is growing at a faster rate (2.6%)
- Aromaworks Limited
2.6% - Industry AVG
Production
with a gross margin of 40.5%, this company has a comparable cost of product (40.5%)
- Aromaworks Limited
40.5% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (3.6%)
- Aromaworks Limited
3.6% - Industry AVG
Employees
with 22 employees, this is below the industry average (48)
22 - Aromaworks Limited
48 - Industry AVG
Pay Structure
on an average salary of £23.5k, the company has an equivalent pay structure (£23.5k)
- Aromaworks Limited
£23.5k - Industry AVG
Efficiency
resulting in sales per employee of £392.3k, this is more efficient (£120.3k)
- Aromaworks Limited
£120.3k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (11 days)
- Aromaworks Limited
11 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is quicker than average (41 days)
- Aromaworks Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is less than average (91 days)
- Aromaworks Limited
91 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Aromaworks Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 122.7%, this is a higher level of debt than the average (62.7%)
122.7% - Aromaworks Limited
62.7% - Industry AVG
AROMAWORKS LIMITED financials
Aromaworks Limited's latest turnover from December 2020 is estimated at £8.6 million and the company has net assets of -£617.5 thousand. According to their latest financial statements, Aromaworks Limited has 22 employees and maintains cash reserves of £5.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 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 | 22 | 21 | 13 | 13 | 13 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 52,225 | 56,782 | 56,879 | 59,368 | 46,530 | 34,912 | 20,316 | 23,655 | 0 |
| Intangible Assets | 11,286 | 0 | 0 | 20,159 | 40,318 | 61,457 | 82,595 | 103,733 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 63,511 | 56,782 | 56,879 | 79,527 | 86,848 | 96,369 | 102,911 | 127,388 | 0 |
| Stock & work in progress | 784,125 | 806,287 | 481,531 | 400,557 | 351,815 | 246,447 | 181,494 | 108,987 | 0 |
| Trade Debtors | 1,063,259 | 900,040 | 553,318 | 99,168 | 161,883 | 71,281 | 194,480 | 67,010 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 807,072 | 478,227 | 184,175 | 239,305 | 294,943 | 200,344 | 0 | 0 | 0 |
| Cash | 5,077 | 145,668 | 17,293 | 8,636 | 12,245 | 915 | 29,616 | 8,508 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,659,533 | 2,330,222 | 1,236,317 | 747,666 | 820,886 | 518,987 | 405,590 | 184,505 | 0 |
| total assets | 2,723,044 | 2,387,004 | 1,293,196 | 827,193 | 907,734 | 615,356 | 508,501 | 311,893 | 0 |
| Bank overdraft | 0 | 0 | 99 | 81,005 | 62,828 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 500,424 | 567,915 | 459,587 | 235,952 | 254,467 | 150,877 | 880,423 | 440,170 | 0 |
| Group/Directors Accounts | 305,019 | 183,887 | 183,887 | 208,906 | 183,906 | 185,267 | 0 | 8,152 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 966,149 | 696,454 | 258,539 | 45,657 | 35,167 | 893,416 | 0 | 0 | 0 |
| total current liabilities | 1,771,592 | 1,448,256 | 902,112 | 571,520 | 536,368 | 1,229,560 | 880,423 | 448,322 | 0 |
| loans | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,518,990 | 1,637,686 | 1,222,448 | 1,142,386 | 1,060,101 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,568,990 | 1,637,686 | 1,222,448 | 1,142,386 | 1,060,101 | 0 | 0 | 0 | 0 |
| total liabilities | 3,340,582 | 3,085,942 | 2,124,560 | 1,713,906 | 1,596,469 | 1,229,560 | 880,423 | 448,322 | 0 |
| net assets | -617,538 | -698,938 | -831,364 | -886,713 | -688,735 | -614,204 | -371,922 | -136,429 | 0 |
| total shareholders funds | -617,538 | -698,938 | -831,364 | -886,713 | -688,735 | -614,204 | -371,922 | -136,429 | 0 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 19,976 | 19,591 | 17,950 | 10,387 | 13,753 | 11,037 | 6,720 | 5,978 | |
| Amortisation | 0 | 0 | 20,159 | 20,159 | 21,139 | 21,138 | 21,138 | 0 | |
| Tax | |||||||||
| Stock | -22,162 | 324,756 | 80,974 | 154,110 | 105,368 | 64,953 | 72,507 | 108,987 | 0 |
| Debtors | 492,064 | 640,774 | 399,020 | 66,848 | 185,201 | 77,145 | 127,470 | 67,010 | 0 |
| Creditors | -67,491 | 108,328 | 223,635 | 85,075 | 103,590 | -729,546 | 440,253 | 440,170 | 0 |
| Accruals and Deferred Income | 269,695 | 437,915 | 212,882 | -847,759 | -858,249 | 893,416 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 121,132 | 0 | -25,019 | 23,639 | -1,361 | 185,267 | -8,152 | 8,152 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -118,696 | 415,238 | 80,062 | 1,142,386 | 1,060,101 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -140,591 | 128,375 | 8,657 | 7,721 | 11,330 | -28,701 | 21,108 | 8,508 | 0 |
| overdraft | 0 | -99 | -80,906 | 81,005 | 62,828 | 0 | 0 | 0 | 0 |
| change in cash | -140,591 | 128,474 | 89,563 | -73,284 | -51,498 | -28,701 | 21,108 | 8,508 | 0 |
aromaworks limited Credit Report and Business Information
Aromaworks Limited Competitor Analysis
Perform a competitor analysis for aromaworks limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in SE1 area or any other competitors across 12 key performance metrics.
aromaworks limited Ownership
AROMAWORKS LIMITED group structure
Aromaworks Limited has no subsidiary companies.
Ultimate parent company
AROMAWORKS LIMITED
08039193
aromaworks limited directors
Aromaworks Limited currently has 1 director, Mr Barry Hibbert serving since Jun 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Hibbert | England | 64 years | Jun 2022 | - | Director |
P&L
December 2020turnover
8.6m
+18%
operating profit
101.9k
0%
gross margin
40.6%
-1.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
-617.5k
-0.12%
total assets
2.7m
+0.14%
cash
5.1k
-0.97%
net assets
Total assets minus all liabilities
Similar Companies
aromaworks limited company details
company number
08039193
Type
Private limited with Share Capital
industry
47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
incorporation date
April 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2020
previous names
N/A
accountant
NORWOODS
auditor
-
address
the shard, 32 london bridge street, london, SE1 9SG
Bank
-
Legal Advisor
-
aromaworks 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 aromaworks limited.
aromaworks limited 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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aromaworks limited Companies House Filings - See Documents
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