wapping mini store ltd Company Information
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
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
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
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
1 Strong
2 Regular
7 Weak
Size
annual sales of £369.7k, make it smaller than the average company (£1.1m)
- Wapping Mini Store Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6.2%)
- Wapping Mini Store Ltd
6.2% - Industry AVG
Production
with a gross margin of 15.8%, this company has a higher cost of product (22.6%)
- Wapping Mini Store Ltd
22.6% - Industry AVG
Profitability
an operating margin of -5.7% make it less profitable than the average company (2.9%)
- Wapping Mini Store Ltd
2.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (13)
3 - Wapping Mini Store Ltd
13 - Industry AVG
Pay Structure
on an average salary of £15k, the company has an equivalent pay structure (£15k)
- Wapping Mini Store Ltd
£15k - Industry AVG
Efficiency
resulting in sales per employee of £123.2k, this is equally as efficient (£112.4k)
- Wapping Mini Store Ltd
£112.4k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (6 days)
- Wapping Mini Store Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (25 days)
- Wapping Mini Store Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wapping Mini Store Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wapping Mini Store Ltd
- - Industry AVG
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
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 House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 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 | 3 | 3 | 3 | 3 | 4 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,185 | 8,976 | 9,988 | 3,037 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 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 |
Total Fixed Assets | 3,185 | 8,976 | 9,988 | 3,037 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,424 | 8,412 | 17,912 | 15,012 |
Trade Debtors | 58,558 | 54,503 | 111,688 | 68,965 | 31,880 | 27,449 | 25,860 | 500 | 530 | 500 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 896 | 32,523 | 246 | 587 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 58,558 | 54,503 | 111,688 | 68,965 | 31,880 | 27,449 | 25,860 | 8,820 | 41,465 | 18,658 | 15,599 |
total assets | 61,743 | 63,479 | 121,676 | 72,002 | 31,880 | 27,449 | 25,860 | 8,820 | 41,465 | 18,658 | 15,599 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 59,029 | 33,359 | 77,223 | 71,353 | 31,809 | 27,297 | 25,749 | 8,285 | 39,407 | 18,389 | 14,673 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 59,029 | 33,359 | 77,223 | 71,353 | 31,809 | 27,297 | 25,749 | 8,285 | 39,407 | 18,389 | 14,673 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 28,799 | 35,010 | 44,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 28,799 | 35,010 | 44,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 87,828 | 68,369 | 121,223 | 71,353 | 31,809 | 27,297 | 25,749 | 8,285 | 39,407 | 18,389 | 14,673 |
net assets | -26,085 | -4,890 | 453 | 649 | 71 | 152 | 111 | 535 | 2,058 | 269 | 926 |
total shareholders funds | -26,085 | -4,890 | 453 | 649 | 71 | 152 | 111 | 535 | 2,058 | 269 | 926 |
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Tax | |||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -7,424 | -988 | -9,500 | 2,900 | 15,012 |
Debtors | 4,055 | -57,185 | 42,723 | 37,085 | 4,431 | 1,589 | 25,360 | -30 | 30 | 500 | 0 |
Creditors | 25,670 | -43,864 | 5,870 | 39,544 | 4,512 | 1,548 | 17,464 | -31,122 | 21,018 | 3,716 | 14,673 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 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 | 0 | 0 |
cash flow from investments | |||||||||||
Financing Activities | |||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -6,211 | -8,990 | 44,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -896 | -31,627 | 32,277 | -341 | 587 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -896 | -31,627 | 32,277 | -341 | 587 |
wapping mini store ltd Credit Report and Business Information
Wapping Mini Store Ltd Competitor Analysis
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 directors
Wapping Mini Store Ltd currently has 1 director, Mr Rinat Mingazov serving since May 2012.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Rinat Mingazov | England | 39 years | May 2012 | - | Director |
P&L
May 2023turnover
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 2023net 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
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.
wapping mini store ltd Companies House Filings - See Documents
date | description | view/download |
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