smartway pharma limited

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smartway pharma limited Company Information

Share SMARTWAY PHARMA LIMITED

Company Number

08252650

Directors

-

Shareholders

smartway pw holdings ltd

kaushik patel

Group Structure

View All

Industry

Wholesale of perfume and cosmetics

 

Registered Address

the old mill 9 soar lane, leicester, leicestershire, LE3 5DE

smartway pharma limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of SMARTWAY PHARMA LIMITED at £1.3m based on a Turnover of £2.2m and 0.59x industry multiple (adjusted for size and gross margin).

smartway pharma limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of SMARTWAY PHARMA LIMITED at £2m based on an EBITDA of £482.5k and a 4.11x industry multiple (adjusted for size and gross margin).

smartway pharma limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of SMARTWAY PHARMA LIMITED at £1.4m based on Net Assets of £535.2k and 2.68x industry multiple (adjusted for liquidity).

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Smartway Pharma Limited Overview

Smartway Pharma Limited is a live company located in leicestershire, LE3 5DE with a Companies House number of 08252650. It operates in the wholesale of perfume and cosmetics sector, SIC Code 46450. Founded in October 2012, it's largest shareholder is smartway pw holdings ltd with a 90% stake. Smartway Pharma Limited is a established, small sized company, Pomanda has estimated its turnover at £2.2m with declining growth in recent years.

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Smartway Pharma Limited Health Check

Pomanda's financial health check has awarded Smartway Pharma Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

5 Regular

positive_score

5 Weak

size

Size

annual sales of £2.2m, make it smaller than the average company (£16.5m)

£2.2m - Smartway Pharma Limited

£16.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (10.2%)

-14% - Smartway Pharma Limited

10.2% - Industry AVG

production

Production

with a gross margin of 42.1%, this company has a comparable cost of product (42.1%)

42.1% - Smartway Pharma Limited

42.1% - Industry AVG

profitability

Profitability

an operating margin of 21.9% make it more profitable than the average company (5.5%)

21.9% - Smartway Pharma Limited

5.5% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (46)

7 - Smartway Pharma Limited

46 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.1k, the company has an equivalent pay structure (£45.1k)

£45.1k - Smartway Pharma Limited

£45.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £314.7k, this is equally as efficient (£338k)

£314.7k - Smartway Pharma Limited

£338k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is later than average (49 days)

69 days - Smartway Pharma Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 88 days, this is slower than average (38 days)

88 days - Smartway Pharma Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 132 days, this is in line with average (118 days)

132 days - Smartway Pharma Limited

118 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (15 weeks)

4 weeks - Smartway Pharma Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.5%, this is a similar level of debt than the average (53.2%)

49.5% - Smartway Pharma Limited

53.2% - Industry AVG

SMARTWAY PHARMA LIMITED financials

EXPORTms excel logo

Smartway Pharma Limited's latest turnover from March 2024 is estimated at £2.2 million and the company has net assets of £535.2 thousand. According to their latest financial statements, we estimate that Smartway Pharma Limited has 7 employees and maintains cash reserves of £47.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014
Turnover2,203,0933,631,8302,711,3713,483,2141,804,959793,967120,7980221156,23852,413
Other Income Or Grants00000000000
Cost Of Sales1,276,1242,052,9521,562,0372,021,0701,123,205476,94470,614012693,50931,498
Gross Profit926,9691,578,8781,149,3341,462,144681,754317,02350,18409462,73020,915
Admin Expenses444,4951,466,5351,029,0651,578,219654,779256,637-12,76743769263,03455,610
Operating Profit482,474112,343120,269-116,07526,97560,38662,951-437-598-304-34,695
Interest Payable00000000000
Interest Receivable5,82910,3201,40452342731161111
Pre-Tax Profit488,303122,663121,673-116,02327,00960,65963,067-436-597-303-34,694
Tax-122,076-23,306-23,1180-5,132-11,525-11,9830000
Profit After Tax366,22799,35798,555-116,02321,87749,13451,084-436-597-303-34,694
Dividends Paid00000000000
Retained Profit366,22799,35798,555-116,02321,87749,13451,084-436-597-303-34,694
Employee Costs316,038488,921349,659452,644223,122106,48534,428031,47533,17734,977
Number Of Employees7119126310111
EBITDA*482,474112,343120,269-116,07526,97560,38662,951-437-598-304-34,695

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014
Tangible Assets00000000000
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets00000000000
Stock & work in progress462,792372,653141,884147,179110,774104,60752,4240000
Trade Debtors421,115573,651494,792677,250378,750158,31126,19503001,000
Group Debtors00000000000
Misc Debtors127,267105,64317,08601,68813,98900000
Cash47,778174,271311,36962,98040,56227,02245,79342637212315
misc current assets00000000000
total current assets1,058,9521,226,218965,131887,409531,774303,929124,412426402121,315
total assets1,058,9521,226,218965,131887,409531,774303,929124,412426402121,315
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 309,9231,027,958773,975813,032333,641130,8946,0290034,00935,009
Group/Directors Accounts0092,32292,32293,82293,82293,82235,45634,99600
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities213,84829,30629,23711,01317,24614,0258,5070000
total current liabilities523,7711,057,264895,534916,367444,709238,741108,35835,45634,99634,00935,009
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities00000000000
total liabilities523,7711,057,264895,534916,367444,709238,741108,35835,45634,99634,00935,009
net assets535,181168,95469,597-28,95887,06565,18816,054-35,030-34,594-33,997-33,694
total shareholders funds535,181168,95469,597-28,95887,06565,18816,054-35,030-34,594-33,997-33,694
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014
Operating Activities
Operating Profit482,474112,343120,269-116,07526,97560,38662,951-437-598-304-34,695
Depreciation00000000000
Amortisation00000000000
Tax-122,076-23,306-23,1180-5,132-11,525-11,9830000
Stock90,139230,769-5,29536,4056,16752,18352,4240000
Debtors-130,912167,416-165,372296,812208,138146,10526,195-3030-1,0001,000
Creditors-718,035253,983-39,057479,391202,747124,8656,0290-34,009-1,00035,009
Accruals and Deferred Income184,5426918,224-6,2333,2215,5188,5070000
Deferred Taxes & Provisions00000000000
Cash flow from operations-132,322-55,096246,98523,86613,506-19,044-13,115-407-34,637-304-686
Investing Activities
capital expenditure00000000000
Change in Investments00000000000
cash flow from investments00000000000
Financing Activities
Bank loans00000000000
Group/Directors Accounts0-92,3220-1,5000058,36646034,99600
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue00000000001,000
interest5,82910,3201,40452342731161111
cash flow from financing5,829-82,0021,404-1,4483427358,48246134,99711,001
cash and cash equivalents
cash-126,493-137,098248,38922,41813,540-18,77145,36754360-303315
overdraft00000000000
change in cash-126,493-137,098248,38922,41813,540-18,77145,36754360-303315

smartway pharma limited 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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Smartway Pharma Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for smartway pharma limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in LE3 area or any other competitors across 12 key performance metrics.

smartway pharma limited Ownership

SMARTWAY PHARMA LIMITED group structure

Smartway Pharma Limited has no subsidiary companies.

Ultimate parent company

1 parent

SMARTWAY PHARMA LIMITED

08252650

SMARTWAY PHARMA LIMITED Shareholders

smartway pw holdings ltd 90%
kaushik patel 10%

smartway pharma limited directors

Smartway Pharma Limited currently has 1 director, undefined undefined serving since - .

officercountryagestartendrole

P&L

March 2024

turnover

2.2m

-39%

operating profit

482.5k

0%

gross margin

42.1%

-3.21%

turnover

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

Balance Sheet

March 2024

net assets

535.2k

+2.17%

total assets

1.1m

-0.14%

cash

47.8k

-0.73%

net assets

Total assets minus all liabilities

smartway pharma limited company details

company number

08252650

Type

Private limited with Share Capital

industry

46450 - Wholesale of perfume and cosmetics

incorporation date

October 2012

age

13

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

VERSANT ASSOCIATES LLP

address

the old mill 9 soar lane, leicester, leicestershire, LE3 5DE

Bank

-

Legal Advisor

-

smartway pharma 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 smartway pharma limited.

smartway pharma 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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smartway pharma limited Companies House Filings - See Documents

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