smart choice home improvements ltd
smart choice home improvements ltd Company Information
Company Number
08197990
Next Accounts
1024 days late
Directors
Shareholders
muhammed ahsan hayat
Group Structure
View All
Industry
Wholesale of computers, computer peripheral equipment and software
Registered Address
3a wilton street, bradford, BD5 0AX
smart choice home improvements ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART CHOICE HOME IMPROVEMENTS LTD at £45.7k based on a Turnover of £167.4k and 0.27x industry multiple (adjusted for size and gross margin).
smart choice home improvements ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART CHOICE HOME IMPROVEMENTS LTD at £0 based on an EBITDA of £-4.5k and a 3.51x industry multiple (adjusted for size and gross margin).
smart choice home improvements ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART CHOICE HOME IMPROVEMENTS LTD at £0 based on Net Assets of £-797 and 1.95x industry multiple (adjusted for liquidity).
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Smart Choice Home Improvements Ltd Overview
Smart Choice Home Improvements Ltd is a live company located in bradford, BD5 0AX with a Companies House number of 08197990. It operates in the wholesale of computers, computer peripheral equipment and software sector, SIC Code 46510. Founded in August 2012, it's largest shareholder is muhammed ahsan hayat with a 100% stake. Smart Choice Home Improvements Ltd is a established, micro sized company, Pomanda has estimated its turnover at £167.4k with unknown growth in recent years.
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Smart Choice Home Improvements Ltd Health Check
Pomanda's financial health check has awarded Smart Choice Home Improvements Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £167.4k, make it smaller than the average company (£16.7m)
- Smart Choice Home Improvements Ltd
£16.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Smart Choice Home Improvements Ltd
- - Industry AVG
Production
with a gross margin of 19.8%, this company has a comparable cost of product (19.8%)
- Smart Choice Home Improvements Ltd
19.8% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (3.2%)
- Smart Choice Home Improvements Ltd
3.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (39)
1 - Smart Choice Home Improvements Ltd
39 - Industry AVG
Pay Structure
on an average salary of £52.7k, the company has an equivalent pay structure (£52.7k)
- Smart Choice Home Improvements Ltd
£52.7k - Industry AVG
Efficiency
resulting in sales per employee of £167.4k, this is less efficient (£470k)
- Smart Choice Home Improvements Ltd
£470k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (53 days)
- Smart Choice Home Improvements Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (32 days)
- Smart Choice Home Improvements Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Smart Choice Home Improvements Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (14 weeks)
30 weeks - Smart Choice Home Improvements Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.4%, this is a higher level of debt than the average (65.2%)
105.4% - Smart Choice Home Improvements Ltd
65.2% - Industry AVG
SMART CHOICE HOME IMPROVEMENTS LTD financials
Smart Choice Home Improvements Ltd's latest turnover from August 2020 is estimated at £167.4 thousand and the company has net assets of -£797. According to their latest financial statements, Smart Choice Home Improvements Ltd has 1 employee and maintains cash reserves of £9.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2020 | Aug 2019 | Aug 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 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2020 | Aug 2019 | Aug 2013 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | |||
| Trade Debtors | 5,777 | 6,701 | |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 9,101 | 6,701 | 4,727 |
| misc current assets | |||
| total current assets | 14,878 | 13,402 | 4,727 |
| total assets | 14,878 | 13,402 | 4,727 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 8,800 | 4,300 | 3,524 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 6,875 | 5,375 | |
| total current liabilities | 15,675 | 9,675 | 3,524 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 15,675 | 9,675 | 3,524 |
| net assets | -797 | 3,727 | 1,203 |
| total shareholders funds | -797 | 3,727 | 1,203 |
| Aug 2020 | Aug 2019 | Aug 2013 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -924 | 6,701 | |
| Creditors | 4,500 | 4,300 | 3,524 |
| Accruals and Deferred Income | 1,500 | 5,375 | |
| Deferred Taxes & Provisions | |||
| 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 | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 2,400 | 6,701 | 4,727 |
| overdraft | |||
| change in cash | 2,400 | 6,701 | 4,727 |
smart choice home improvements ltd Credit Report and Business Information
Smart Choice Home Improvements Ltd Competitor Analysis
Perform a competitor analysis for smart choice home improvements 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 BD5 area or any other competitors across 12 key performance metrics.
smart choice home improvements ltd Ownership
SMART CHOICE HOME IMPROVEMENTS LTD group structure
Smart Choice Home Improvements Ltd has no subsidiary companies.
Ultimate parent company
SMART CHOICE HOME IMPROVEMENTS LTD
08197990
smart choice home improvements ltd directors
Smart Choice Home Improvements Ltd currently has 1 director, Mr Muhammed Hayat serving since Feb 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Muhammed Hayat | England | 31 years | Feb 2021 | - | Director |
P&L
August 2020turnover
167.4k
+5%
operating profit
-4.5k
0%
gross margin
19.8%
+17.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2020net assets
-797
-1.21%
total assets
14.9k
+0.11%
cash
9.1k
+0.36%
net assets
Total assets minus all liabilities
smart choice home improvements ltd company details
company number
08197990
Type
Private limited with Share Capital
industry
46510 - Wholesale of computers, computer peripheral equipment and software
incorporation date
August 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2020
previous names
N/A
accountant
-
auditor
-
address
3a wilton street, bradford, BD5 0AX
Bank
-
Legal Advisor
-
smart choice home improvements 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 smart choice home improvements ltd.
smart choice home improvements 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.
Click to start generating capital raising & share issue transactions for SMART CHOICE HOME IMPROVEMENTS LTD. This can take several minutes, an email will notify you when this has completed.
smart choice home improvements ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
