sofa partners (hertfordshire) limited
sofa partners (hertfordshire) limited Company Information
Group Structure
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Industry
Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
Registered Address
the dairy, tripp hill farm buildings, fittleworth, RH20 1ER
Website
http://sofasandstuff.comsofa partners (hertfordshire) limited Estimated Valuation
Pomanda estimates the enterprise value of SOFA PARTNERS (HERTFORDSHIRE) LIMITED at £23.8k based on a Turnover of £84.3k and 0.28x industry multiple (adjusted for size and gross margin).
sofa partners (hertfordshire) limited Estimated Valuation
Pomanda estimates the enterprise value of SOFA PARTNERS (HERTFORDSHIRE) LIMITED at £0 based on an EBITDA of £-1.2k and a 3.08x industry multiple (adjusted for size and gross margin).
sofa partners (hertfordshire) limited Estimated Valuation
Pomanda estimates the enterprise value of SOFA PARTNERS (HERTFORDSHIRE) LIMITED at £0 based on Net Assets of £-45.9k and 2.12x industry multiple (adjusted for liquidity).
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Sofa Partners (hertfordshire) Limited Overview
Sofa Partners (hertfordshire) Limited is a live company located in fittleworth, RH20 1ER with a Companies House number of 08584372. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in June 2013, it's largest shareholder is sofas & stuff limited with a 100% stake. Sofa Partners (hertfordshire) Limited is a established, micro sized company, Pomanda has estimated its turnover at £84.3k with declining growth in recent years.
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Sofa Partners (hertfordshire) Limited Health Check
Pomanda's financial health check has awarded Sofa Partners (Hertfordshire) Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
9 Weak
Size
annual sales of £84.3k, make it smaller than the average company (£6.6m)
- Sofa Partners (hertfordshire) Limited
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (9.1%)
- Sofa Partners (hertfordshire) Limited
9.1% - Industry AVG
Production
with a gross margin of 29.3%, this company has a higher cost of product (40.2%)
- Sofa Partners (hertfordshire) Limited
40.2% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (3.3%)
- Sofa Partners (hertfordshire) Limited
3.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
1 - Sofa Partners (hertfordshire) Limited
41 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)
- Sofa Partners (hertfordshire) Limited
£35.6k - Industry AVG
Efficiency
resulting in sales per employee of £84.3k, this is less efficient (£183.9k)
- Sofa Partners (hertfordshire) Limited
£183.9k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is later than average (18 days)
- Sofa Partners (hertfordshire) Limited
18 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Sofa Partners (hertfordshire) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sofa Partners (hertfordshire) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Sofa Partners (hertfordshire) Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 932.3%, this is a higher level of debt than the average (61.8%)
932.3% - Sofa Partners (hertfordshire) Limited
61.8% - Industry AVG
SOFA PARTNERS (HERTFORDSHIRE) LIMITED financials
Sofa Partners (Hertfordshire) Limited's latest turnover from December 2023 is estimated at £84.3 thousand and the company has net assets of -£45.9 thousand. According to their latest financial statements, Sofa Partners (Hertfordshire) Limited has 1 employee and maintains cash reserves of £189 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 1 | 1 | 1 | 3 | 3 | 4 | 4 | 4 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 188 | ||||||||||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 188 | ||||||||||
| Stock & work in progress | |||||||||||
| Trade Debtors | 5,321 | 5,078 | 4,819 | 51,367 | 20,110 | 31,428 | 31,454 | 28,055 | 28,974 | 30,031 | 10,278 |
| Group Debtors | |||||||||||
| Misc Debtors | 6 | ||||||||||
| Cash | 189 | 324 | 272 | 229 | 231 | 295 | 1,411 | 420 | 168 | 747 | 1,224 |
| misc current assets | |||||||||||
| total current assets | 5,510 | 5,402 | 5,091 | 51,596 | 20,341 | 31,723 | 32,865 | 28,475 | 29,142 | 30,778 | 11,508 |
| total assets | 5,510 | 5,402 | 5,091 | 51,784 | 20,341 | 31,723 | 32,865 | 28,475 | 29,142 | 30,778 | 11,508 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 485 | 1,229 | 476 | 2,649 | 37 | 99 | 58,164 | 33,535 | |||
| Group/Directors Accounts | 50,927 | 49,602 | 47,936 | 73,057 | 63,038 | 56,158 | 54,209 | 50,000 | 54,082 | ||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 440 | 440 | 500 | 21,169 | 9,571 | 11,359 | 10,623 | 9,537 | 7,269 | ||
| total current liabilities | 51,367 | 50,042 | 48,436 | 94,711 | 73,838 | 67,993 | 67,481 | 59,574 | 61,450 | 58,164 | 33,535 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 51,367 | 50,042 | 48,436 | 94,711 | 73,838 | 67,993 | 67,481 | 59,574 | 61,450 | 58,164 | 33,535 |
| net assets | -45,857 | -44,640 | -43,345 | -42,927 | -53,497 | -36,270 | -34,616 | -31,099 | -32,308 | -27,386 | -22,027 |
| total shareholders funds | -45,857 | -44,640 | -43,345 | -42,927 | -53,497 | -36,270 | -34,616 | -31,099 | -32,308 | -27,386 | -22,027 |
| Dec 2023 | 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 | 188 | ||||||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | 243 | 259 | -46,548 | 31,257 | -11,318 | -26 | 3,399 | -919 | -1,057 | 19,747 | 10,284 |
| Creditors | -485 | -744 | 753 | -2,173 | 2,612 | -62 | -58,065 | 24,629 | 33,535 | ||
| Accruals and Deferred Income | -60 | -20,669 | 11,598 | -1,788 | 736 | 1,086 | 2,268 | 7,269 | |||
| 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 | 1,325 | 1,666 | -25,121 | 10,019 | 6,880 | 1,949 | 4,209 | -4,082 | 54,082 | ||
| 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 | -135 | 52 | 43 | -2 | -64 | -1,116 | 991 | 252 | -579 | -477 | 1,224 |
| overdraft | |||||||||||
| change in cash | -135 | 52 | 43 | -2 | -64 | -1,116 | 991 | 252 | -579 | -477 | 1,224 |
sofa partners (hertfordshire) limited Credit Report and Business Information
Sofa Partners (hertfordshire) Limited Competitor Analysis
Perform a competitor analysis for sofa partners (hertfordshire) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in RH20 area or any other competitors across 12 key performance metrics.
sofa partners (hertfordshire) limited Ownership
SOFA PARTNERS (HERTFORDSHIRE) LIMITED group structure
Sofa Partners (Hertfordshire) Limited has no subsidiary companies.
Ultimate parent company
1 parent
SOFA PARTNERS (HERTFORDSHIRE) LIMITED
08584372
sofa partners (hertfordshire) limited directors
Sofa Partners (Hertfordshire) Limited currently has 1 director, Mr Andrew Cussins serving since Jun 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Cussins | England | 67 years | Jun 2013 | - | Director |
P&L
December 2023turnover
84.3k
+15%
operating profit
-1.2k
0%
gross margin
29.4%
+3.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-45.9k
+0.03%
total assets
5.5k
+0.02%
cash
189
-0.42%
net assets
Total assets minus all liabilities
sofa partners (hertfordshire) limited company details
company number
08584372
Type
Private limited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
the dairy, tripp hill farm buildings, fittleworth, RH20 1ER
Bank
-
Legal Advisor
-
sofa partners (hertfordshire) 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 sofa partners (hertfordshire) limited.
sofa partners (hertfordshire) 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.
Click to start generating capital raising & share issue transactions for SOFA PARTNERS (HERTFORDSHIRE) LIMITED. This can take several minutes, an email will notify you when this has completed.
sofa partners (hertfordshire) limited Companies House Filings - See Documents
| date | description | view/download |
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