swico watch service centre limited
swico watch service centre limited Company Information
Company Number
08415308
Website
www.swico.co.ukRegistered Address
5 station road, liphook, GU30 7DW
Industry
Wholesale of watches and jewellery
Telephone
-
Next Accounts Due
2 days late
Group Structure
View All
Shareholders
swico ltd 85%
sippchoice trustees limited 15%
swico watch service centre limited Estimated Valuation
Pomanda estimates the enterprise value of SWICO WATCH SERVICE CENTRE LIMITED at £215.7k based on a Turnover of £696.3k and 0.31x industry multiple (adjusted for size and gross margin).
swico watch service centre limited Estimated Valuation
Pomanda estimates the enterprise value of SWICO WATCH SERVICE CENTRE LIMITED at £0 based on an EBITDA of £-32.5k and a 2.8x industry multiple (adjusted for size and gross margin).
swico watch service centre limited Estimated Valuation
Pomanda estimates the enterprise value of SWICO WATCH SERVICE CENTRE LIMITED at £1.9m based on Net Assets of £1.1m and 1.67x industry multiple (adjusted for liquidity).
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Swico Watch Service Centre Limited Overview
Swico Watch Service Centre Limited is a live company located in liphook, GU30 7DW with a Companies House number of 08415308. It operates in the wholesale of watches and jewellery sector, SIC Code 46480. Founded in February 2013, it's largest shareholder is swico ltd with a 85% stake. Swico Watch Service Centre Limited is a established, small sized company, Pomanda has estimated its turnover at £696.3k with declining growth in recent years.
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Swico Watch Service Centre Limited Health Check
Pomanda's financial health check has awarded Swico Watch Service Centre Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
5 Weak
Size
annual sales of £696.3k, make it smaller than the average company (£11.8m)
- Swico Watch Service Centre Limited
£11.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (1.9%)
- Swico Watch Service Centre Limited
1.9% - Industry AVG
Production
with a gross margin of 33.9%, this company has a comparable cost of product (33.9%)
- Swico Watch Service Centre Limited
33.9% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (4.8%)
- Swico Watch Service Centre Limited
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (35)
2 - Swico Watch Service Centre Limited
35 - Industry AVG
Pay Structure
on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)
- Swico Watch Service Centre Limited
£42.1k - Industry AVG
Efficiency
resulting in sales per employee of £348.1k, this is equally as efficient (£345.6k)
- Swico Watch Service Centre Limited
£345.6k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is near the average (33 days)
- Swico Watch Service Centre Limited
33 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Swico Watch Service Centre Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Swico Watch Service Centre Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (17 weeks)
6 weeks - Swico Watch Service Centre Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6%, this is a lower level of debt than the average (57.2%)
6% - Swico Watch Service Centre Limited
57.2% - Industry AVG
SWICO WATCH SERVICE CENTRE LIMITED financials
Swico Watch Service Centre Limited's latest turnover from December 2022 is estimated at £696.3 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Swico Watch Service Centre Limited has 2 employees and maintains cash reserves of £5.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 64,368 | 159,921 | 138,871 | 175,575 | 158,745 | 194,808 | 272,260 | 217,942 | 252,429 | 282,242 |
| Group Debtors | 1,117,167 | 1,018,677 | 1,055,804 | 1,029,954 | 856,074 | 612,215 | 233,961 | 111,945 | 0 | 0 |
| Misc Debtors | 1,065 | 3,529 | 3,529 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 5,191 | 48,954 | 49,987 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,187,791 | 1,231,081 | 1,248,191 | 1,205,529 | 1,014,819 | 807,023 | 506,221 | 329,887 | 252,429 | 282,242 |
| total assets | 1,187,791 | 1,231,081 | 1,248,191 | 1,205,529 | 1,014,819 | 807,023 | 506,221 | 329,887 | 252,429 | 282,242 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,000 | 10,000 | 833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 107,793 | 246,833 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 31,775 | 29,275 | 35,471 | 33,411 | 34,335 | 47,718 | 60,343 | 92,167 | 0 | 0 |
| total current liabilities | 41,775 | 39,275 | 36,304 | 33,411 | 34,335 | 47,718 | 60,343 | 92,167 | 107,793 | 246,833 |
| loans | 28,998 | 39,064 | 49,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 28,998 | 39,064 | 49,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 70,773 | 78,339 | 85,471 | 33,411 | 34,335 | 47,718 | 60,343 | 92,167 | 107,793 | 246,833 |
| net assets | 1,117,018 | 1,152,742 | 1,162,720 | 1,172,118 | 980,484 | 759,305 | 445,878 | 237,720 | 144,636 | 35,409 |
| total shareholders funds | 1,117,018 | 1,152,742 | 1,162,720 | 1,172,118 | 980,484 | 759,305 | 445,878 | 237,720 | 144,636 | 35,409 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 473 | -16,077 | -7,325 | 190,710 | 207,796 | 300,802 | 176,334 | 77,458 | -29,813 | 282,242 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -107,793 | -139,040 | 246,833 |
| Accruals and Deferred Income | 2,500 | -6,196 | 2,060 | -924 | -13,383 | -12,625 | -31,824 | 92,167 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 9,167 | 833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,066 | -10,103 | 49,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -43,763 | -1,033 | 49,987 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -43,763 | -1,033 | 49,987 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
swico watch service centre limited Credit Report and Business Information
Swico Watch Service Centre Limited Competitor Analysis
Perform a competitor analysis for swico watch service centre 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 GU30 area or any other competitors across 12 key performance metrics.
swico watch service centre limited Ownership
SWICO WATCH SERVICE CENTRE LIMITED group structure
Swico Watch Service Centre Limited has no subsidiary companies.
Ultimate parent company
2 parents
SWICO WATCH SERVICE CENTRE LIMITED
08415308
swico watch service centre limited directors
Swico Watch Service Centre Limited currently has 2 directors. The longest serving directors include Mr Gerard Yip (Feb 2013) and Mr Theodore Sheppard (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gerard Yip | 63 years | Feb 2013 | - | Director | |
| Mr Theodore Sheppard | England | 39 years | Jul 2023 | - | Director |
P&L
December 2022turnover
696.3k
-32%
operating profit
-32.5k
0%
gross margin
34%
-0.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.1m
-0.03%
total assets
1.2m
-0.04%
cash
5.2k
-0.89%
net assets
Total assets minus all liabilities
swico watch service centre limited company details
company number
08415308
Type
Private limited with Share Capital
industry
46480 - Wholesale of watches and jewellery
incorporation date
February 2013
age
11
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
5 station road, liphook, GU30 7DW
accountant
-
auditor
-
swico watch service centre 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 swico watch service centre limited.
swico watch service centre limited Companies House Filings - See Documents
| date | description | view/download |
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