Pomanda estimates the enterprise value of DESIGNER SOFAS (LONDON) LTD at £157.2k based on a Turnover of £537.9k and 0.29x industry multiple (adjusted for size and gross margin).
designer sofas (london) ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of DESIGNER SOFAS (LONDON) LTD at £0 based on an EBITDA of £-3.2k and a 3.2x industry multiple (adjusted for size and gross margin).
designer sofas (london) ltdEstimated Valuation
£3.1m
Pomanda estimates the enterprise value of DESIGNER SOFAS (LONDON) LTD at £3.1m based on Net Assets of £1.5m and 2.12x industry multiple (adjusted for liquidity).
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Designer Sofas (london) LtdOverview
Designer Sofas (london) Ltd is a live company located in ilford, IG6 3XH with a Companies House number of 08600083. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in July 2013, it's largest shareholder is
michael solomon
with a 100% stake. Designer Sofas (london) Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£537.9k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Designer Sofas (London) Ltd a 1.5 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
Health Rating1.5out of 5
1 Strong
2 Regular
5 Weak
Size
annual sales of £537.9k, make it smaller than the average company (£5.6m)
£537.9k - Designer Sofas (london) Ltd
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (10.1%)
8% - Designer Sofas (london) Ltd
10.1% - Industry AVG
Production
with a gross margin of 31.2%, this company has a higher cost of product (41.1%)
31.2% - Designer Sofas (london) Ltd
41.1% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (2.9%)
-0.6% - Designer Sofas (london) Ltd
2.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (33)
2 - Designer Sofas (london) Ltd
33 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
£34.9k - Designer Sofas (london) Ltd
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £269k, this is more efficient (£171.2k)
£269k - Designer Sofas (london) Ltd
£171.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Designer Sofas (london) Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Designer Sofas (london) Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 344 days, this is more than average (72 days)
344 days - Designer Sofas (london) Ltd
72 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Designer Sofas (london) Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Designer Sofas (london) Ltd
- - Industry AVG
DESIGNER SOFAS (LONDON) LTD financials
EXPORT
Designer Sofas (London) Ltd's latest turnover from January 2024 is estimated at £537.9 thousand and the company has net assets of £1.5 million. According to their latest financial statements, we estimate that Designer Sofas (London) Ltd has 2 employees and maintains cash reserves of £60.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Turnover
537,946
543,028
340,803
423,829
3,276,883
2,554,380
1,283,504
720,850
610,800
154,303
Other Income Or Grants
Cost Of Sales
370,381
373,230
236,449
291,139
2,260,918
1,747,083
872,743
503,172
422,025
105,934
Gross Profit
167,565
169,798
104,354
132,690
1,015,965
807,297
410,761
217,678
188,775
48,369
Admin Expenses
170,753
170,927
107,136
-1,685,072
555,053
585,450
84,727
-190,854
-85,090
11,338
Operating Profit
-3,188
-1,129
-2,782
1,817,762
460,912
221,847
326,034
408,532
273,865
37,031
Interest Payable
Interest Receivable
3,188
1,129
97
37
2,895
1,351
526
1,274
1,022
254
Pre-Tax Profit
-2,685
1,817,799
463,806
223,198
326,560
409,806
274,888
37,285
Tax
-345,382
-88,123
-42,408
-62,046
-81,961
-54,977
-7,830
Profit After Tax
-2,685
1,472,417
375,683
180,790
264,514
327,845
219,910
29,455
Dividends Paid
Retained Profit
-2,685
1,472,417
375,683
180,790
264,514
327,845
219,910
29,455
Employee Costs
69,748
64,097
61,872
57,014
444,488
353,988
188,904
110,451
81,908
23,239
Number Of Employees
2
2
2
2
16
13
7
4
3
1
EBITDA*
-3,188
-1,129
72,218
1,943,762
581,212
221,847
392,266
447,534
285,001
37,031
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Tangible Assets
1,059,000
1,059,000
1,059,000
1,134,000
1,260,000
1,000,123
596,088
471,775
65,331
6,848
Intangible Assets
Investments & Other
1
1
Debtors (Due After 1 year)
Total Fixed Assets
1,059,000
1,059,000
1,059,000
1,134,000
1,260,000
1,000,123
596,088
471,775
65,332
6,849
Stock & work in progress
350,000
350,000
350,000
411,666
1,310,650
989,320
574,630
301,340
185,076
10,500
Trade Debtors
76,926
Group Debtors
Misc Debtors
Cash
60,733
60,733
3,770
73,677
450,174
321,735
218,626
202,216
307,392
101,534
misc current assets
total current assets
410,733
410,733
430,696
485,343
1,760,824
1,311,055
793,256
503,556
492,468
112,034
total assets
1,469,733
1,469,733
1,489,696
1,619,343
3,020,824
2,311,178
1,389,344
975,331
557,800
118,883
Bank overdraft
Bank loan
Trade Creditors
3,000
85,871
1,622,626
1,218,214
470,036
299,044
308,434
89,427
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
16,963
61,054
total current liabilities
19,963
146,925
1,622,626
1,218,214
470,036
299,044
308,434
89,427
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
70,449
77,583
99,076
total long term liabilities
70,449
77,583
99,076
total liabilities
19,963
146,925
1,622,626
1,288,663
547,619
398,120
308,434
89,427
net assets
1,469,733
1,469,733
1,469,733
1,472,418
1,398,198
1,022,515
841,725
577,211
249,366
29,456
total shareholders funds
1,469,733
1,469,733
1,469,733
1,472,418
1,398,198
1,022,515
841,725
577,211
249,366
29,456
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Operating Activities
Operating Profit
-3,188
-1,129
-2,782
1,817,762
460,912
221,847
326,034
408,532
273,865
37,031
Depreciation
75,000
126,000
120,300
66,232
39,002
11,136
Amortisation
Tax
-345,382
-88,123
-42,408
-62,046
-81,961
-54,977
-7,830
Stock
-61,666
411,666
321,330
414,690
273,290
116,264
174,576
10,500
Debtors
-76,926
76,926
1,760,824
Creditors
-3,000
-82,871
85,871
404,412
748,178
170,992
-9,390
219,007
89,427
Accruals and Deferred Income
-16,963
-44,091
61,054
Deferred Taxes & Provisions
-70,449
-7,134
-21,493
99,076
Cash flow from operations
-3,188
55,834
-70,004
1,333,639
-1,255,102
505,793
206,429
338,995
274,455
108,128
Investing Activities
capital expenditure
-1,260,000
-380,177
-404,035
-190,545
-445,446
-69,619
-6,848
Change in Investments
-1
1
cash flow from investments
-1,260,000
-380,177
-404,035
-190,545
-445,445
-69,619
-6,849
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
1
1
interest
3,188
1,129
97
37
2,895
1,351
526
1,274
1,022
254
cash flow from financing
3,188
1,129
97
38
2,895
1,351
526
1,274
1,022
255
cash and cash equivalents
cash
56,963
-69,907
73,677
128,439
103,109
16,410
-105,176
205,858
101,534
overdraft
change in cash
56,963
-69,907
73,677
128,439
103,109
16,410
-105,176
205,858
101,534
designer sofas (london) ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for designer sofas (london) ltd. Get real-time insights into designer sofas (london) ltd's credit score, group structure and payment trends.
Perform a competitor analysis for designer sofas (london) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in IG6 area or any other competitors across 12 key performance metrics.
designer sofas (london) ltd Ownership
DESIGNER SOFAS (LONDON) LTD group structure
Designer Sofas (London) Ltd has no subsidiary companies.
Ultimate parent company
DESIGNER SOFAS (LONDON) LTD
08600083
DESIGNER SOFAS (LONDON) LTD Shareholders
The sole shareholder of Designer Sofas (London) Ltd is Michael Solomon.
michael solomon
100%
designer sofas (london) ltd directors
Designer Sofas (London) Ltd currently has 1 director, Mr Michael Solomon serving since Dec 2023.
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
July 2013
age
12
incorporated
UK
ultimate parent company
None
accounts
Dormant
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
unit 9, 97 - 101 peregrine road, hainault business park, ilford, IG6 3XH
Bank
-
Legal Advisor
-
designer sofas (london) 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 designer sofas (london) ltd.
designer sofas (london) 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.
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designer sofas (london) ltdCompanies House Filings - See Documents
