wapping mini store ltd

1.5

wapping mini store ltd Company Information

Share WAPPING MINI STORE LTD
Live 
EstablishedMicroDeclining

Company Number

08079571

Website

-

Registered Address

8 garnet street, london, E1W 3QT

Industry

Retail sale in non-specialised stores with food, beverages or tobacco predominating

 

Telephone

02074884739

Next Accounts Due

February 2025

Group Structure

View All

Directors

Rinat Mingazov12 Years

Shareholders

rinat mingazov 100%

wapping mini store ltd Estimated Valuation

£91k

Pomanda estimates the enterprise value of WAPPING MINI STORE LTD at £91k based on a Turnover of £369.7k and 0.25x industry multiple (adjusted for size and gross margin).

wapping mini store ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of WAPPING MINI STORE LTD at £0 based on an EBITDA of £-21.2k and a 2.9x industry multiple (adjusted for size and gross margin).

wapping mini store ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of WAPPING MINI STORE LTD at £0 based on Net Assets of £-26.1k and 2.76x industry multiple (adjusted for liquidity).

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Wapping Mini Store Ltd Overview

Wapping Mini Store Ltd is a live company located in london, E1W 3QT with a Companies House number of 08079571. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in May 2012, it's largest shareholder is rinat mingazov with a 100% stake. Wapping Mini Store Ltd is a established, micro sized company, Pomanda has estimated its turnover at £369.7k with declining growth in recent years.

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Wapping Mini Store Ltd Health Check

Pomanda's financial health check has awarded Wapping Mini Store Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £369.7k, make it smaller than the average company (£1.1m)

£369.7k - Wapping Mini Store Ltd

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6.2%)

-6% - Wapping Mini Store Ltd

6.2% - Industry AVG

production

Production

with a gross margin of 15.8%, this company has a higher cost of product (22.6%)

15.8% - Wapping Mini Store Ltd

22.6% - Industry AVG

profitability

Profitability

an operating margin of -5.7% make it less profitable than the average company (2.9%)

-5.7% - Wapping Mini Store Ltd

2.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (13)

3 - Wapping Mini Store Ltd

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £15k, the company has an equivalent pay structure (£15k)

£15k - Wapping Mini Store Ltd

£15k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £123.2k, this is equally as efficient (£112.4k)

£123.2k - Wapping Mini Store Ltd

£112.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 57 days, this is later than average (6 days)

57 days - Wapping Mini Store Ltd

6 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 69 days, this is slower than average (25 days)

69 days - Wapping Mini Store Ltd

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wapping Mini Store Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Wapping Mini Store Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 142.3%, this is a higher level of debt than the average (69.2%)

142.3% - Wapping Mini Store Ltd

69.2% - Industry AVG

WAPPING MINI STORE LTD financials

EXPORTms excel logo

Wapping Mini Store Ltd's latest turnover from May 2023 is estimated at £369.7 thousand and the company has net assets of -£26.1 thousand. According to their latest financial statements, Wapping Mini Store Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Turnover369,713275,112461,395447,671285,384256,037291,32952,248127,158121,033113,383
Other Income Or Grants00000000000
Cost Of Sales311,387229,951394,153373,127240,833216,363242,06943,741106,775102,58995,350
Gross Profit58,32645,16067,24274,54444,55139,67549,2608,50720,38218,44418,033
Admin Expenses79,52150,50367,43873,83044,63239,62449,58510,11418,22819,10316,962
Operating Profit-21,195-5,343-196714-8151-325-1,6072,154-6591,071
Interest Payable00000000000
Interest Receivable0000001848221
Pre-Tax Profit-21,195-5,343-196714-8151-324-1,5232,236-6571,073
Tax000-1360-1000-4470-247
Profit After Tax-21,195-5,343-196578-8141-324-1,5231,789-657826
Dividends Paid00000000000
Retained Profit-21,195-5,343-196578-8141-324-1,5231,789-657826
Employee Costs44,86844,68242,90441,71954,85427,77025,63513,19312,96113,03112,122
Number Of Employees33334221111
EBITDA*-21,195-5,343-196714-8151-325-1,6072,154-6591,071

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Tangible Assets3,1858,9769,9883,0370000000
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets3,1858,9769,9883,0370000000
Stock & work in progress00000007,4248,41217,91215,012
Trade Debtors58,55854,503111,68868,96531,88027,44925,8605005305000
Group Debtors00000000000
Misc Debtors00000000000
Cash000000089632,523246587
misc current assets00000000000
total current assets58,55854,503111,68868,96531,88027,44925,8608,82041,46518,65815,599
total assets61,74363,479121,67672,00231,88027,44925,8608,82041,46518,65815,599
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 59,02933,35977,22371,35331,80927,29725,7498,28539,40718,38914,673
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities59,02933,35977,22371,35331,80927,29725,7498,28539,40718,38914,673
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities28,79935,01044,00000000000
provisions00000000000
total long term liabilities28,79935,01044,00000000000
total liabilities87,82868,369121,22371,35331,80927,29725,7498,28539,40718,38914,673
net assets-26,085-4,890453649711521115352,058269926
total shareholders funds-26,085-4,890453649711521115352,058269926
May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Operating Activities
Operating Profit-21,195-5,343-196714-8151-325-1,6072,154-6591,071
Depreciation00000000000
Amortisation00000000000
Tax000-1360-1000-4470-247
Stock000000-7,424-988-9,5002,90015,012
Debtors4,055-57,18542,72337,0854,4311,58925,360-30305000
Creditors25,670-43,8645,87039,5444,5121,54817,464-31,12221,0183,71614,673
Accruals and Deferred Income00000000000
Deferred Taxes & Provisions00000000000
Cash flow from operations4207,978-37,0493,03700-797-31,71132,195-343485
Investing Activities
capital expenditure5,7911,012-6,951-3,0370000000
Change in Investments00000000000
cash flow from investments5,7911,012-6,951-3,0370000000
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities-6,211-8,99044,00000000000
share issue000000-100000100
interest0000001848221
cash flow from financing-6,211-8,99044,000000-9984822101
cash and cash equivalents
cash000000-896-31,62732,277-341587
overdraft00000000000
change in cash000000-896-31,62732,277-341587

wapping mini store ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Wapping Mini Store Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wapping mini store ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in E1W area or any other competitors across 12 key performance metrics.

wapping mini store ltd Ownership

WAPPING MINI STORE LTD group structure

Wapping Mini Store Ltd has no subsidiary companies.

Ultimate parent company

WAPPING MINI STORE LTD

08079571

WAPPING MINI STORE LTD Shareholders

rinat mingazov 100%

wapping mini store ltd directors

Wapping Mini Store Ltd currently has 1 director, Mr Rinat Mingazov serving since May 2012.

officercountryagestartendrole
Mr Rinat MingazovEngland39 years May 2012- Director

P&L

May 2023

turnover

369.7k

+34%

operating profit

-21.2k

0%

gross margin

15.8%

-3.89%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2023

net assets

-26.1k

+4.33%

total assets

61.7k

-0.03%

cash

0

0%

net assets

Total assets minus all liabilities

wapping mini store ltd company details

company number

08079571

Type

Private limited with Share Capital

industry

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

incorporation date

May 2012

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2023

previous names

N/A

accountant

-

auditor

-

address

8 garnet street, london, E1W 3QT

Bank

-

Legal Advisor

-

wapping mini store 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 wapping mini store ltd.

charges

wapping mini store ltd Companies House Filings - See Documents

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