simply local (uk) ltd
simply local (uk) ltd Company Information
Company Number
08744215
Next Accounts
591 days late
Shareholders
mr kamal nagajan sisodia
mrs sapna keshu sisodia
Group Structure
View All
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered Address
c/o horsfields belgrave place, 8 manchester road, bury, lancashire, BL9 0ED
Website
-simply local (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY LOCAL (UK) LTD at £125.9k based on a Turnover of £398.8k and 0.32x industry multiple (adjusted for size and gross margin).
simply local (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY LOCAL (UK) LTD at £8.8k based on an EBITDA of £2.5k and a 3.57x industry multiple (adjusted for size and gross margin).
simply local (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY LOCAL (UK) LTD at £168.4k based on Net Assets of £63.4k and 2.66x industry multiple (adjusted for liquidity).
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Simply Local (uk) Ltd Overview
Simply Local (uk) Ltd is a live company located in bury, BL9 0ED with a Companies House number of 08744215. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in October 2013, it's largest shareholder is mr kamal nagajan sisodia with a 50% stake. Simply Local (uk) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £398.8k with declining growth in recent years.
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Simply Local (uk) Ltd Health Check
Pomanda's financial health check has awarded Simply Local (Uk) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
8 Weak
Size
annual sales of £398.8k, make it smaller than the average company (£1.9m)
- Simply Local (uk) Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (3.2%)
- Simply Local (uk) Ltd
3.2% - Industry AVG
Production
with a gross margin of 22.8%, this company has a comparable cost of product (22.8%)
- Simply Local (uk) Ltd
22.8% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (3.8%)
- Simply Local (uk) Ltd
3.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (25)
3 - Simply Local (uk) Ltd
25 - Industry AVG
Pay Structure
on an average salary of £16k, the company has an equivalent pay structure (£16k)
- Simply Local (uk) Ltd
£16k - Industry AVG
Efficiency
resulting in sales per employee of £132.9k, this is equally as efficient (£122.8k)
- Simply Local (uk) Ltd
£122.8k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is later than average (5 days)
- Simply Local (uk) Ltd
5 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (29 days)
- Simply Local (uk) Ltd
29 days - Industry AVG
Stock Days
it holds stock equivalent to 27 days, this is more than average (19 days)
- Simply Local (uk) Ltd
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (26 weeks)
7 weeks - Simply Local (uk) Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.6%, this is a lower level of debt than the average (67.7%)
59.6% - Simply Local (uk) Ltd
67.7% - Industry AVG
SIMPLY LOCAL (UK) LTD financials
Simply Local (Uk) Ltd's latest turnover from November 2021 is estimated at £398.8 thousand and the company has net assets of £63.4 thousand. According to their latest financial statements, Simply Local (Uk) Ltd has 3 employees and maintains cash reserves of £6.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 5 | 8 | 7 | 4 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,019 | 10,024 | 3,860 | 4,825 | 6,031 | 7,539 | 1 | 1 |
| Intangible Assets | 76,946 | 76,946 | 79,346 | 81,746 | 84,146 | 86,546 | 76,946 | 76,946 |
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 84,965 | 86,970 | 83,206 | 86,571 | 90,177 | 94,085 | 76,947 | 76,947 |
| Stock & work in progress | 22,980 | 25,740 | 24,620 | 18,330 | 22,735 | 23,985 | 49,350 | 47,635 |
| Trade Debtors | 18,734 | 21,934 | 17,801 | 7,008 | 7,008 | 3,089 | 25,735 | 23,999 |
| Group Debtors | ||||||||
| Misc Debtors | 23,489 | 22,815 | 23,851 | 42,554 | 26,259 | 24,490 | ||
| Cash | 6,796 | 21,396 | 4,537 | 1,598 | 6,492 | 7,981 | 13,266 | 6,766 |
| misc current assets | ||||||||
| total current assets | 71,999 | 91,885 | 70,809 | 69,490 | 62,494 | 59,545 | 88,351 | 78,400 |
| total assets | 156,964 | 178,855 | 154,015 | 156,061 | 152,671 | 153,630 | 165,298 | 155,347 |
| Bank overdraft | 16,441 | 985 | 16,538 | 16,435 | 14,808 | 11,595 | ||
| Bank loan | ||||||||
| Trade Creditors | 13,164 | 38,265 | 47,518 | 35,478 | 15,180 | 37,136 | 133,144 | 125,853 |
| Group/Directors Accounts | 21,059 | 41,798 | 36,396 | |||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 18,927 | 23,215 | 30,031 | 12,043 | 15,614 | 23,054 | ||
| total current liabilities | 48,532 | 62,465 | 94,087 | 85,015 | 87,400 | 108,181 | 133,144 | 125,853 |
| loans | 45,000 | 50,000 | ||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 7,235 | 21,132 | ||||||
| provisions | ||||||||
| total long term liabilities | 45,000 | 50,000 | 7,235 | 21,132 | ||||
| total liabilities | 93,532 | 112,465 | 94,087 | 85,015 | 87,400 | 108,181 | 140,379 | 146,985 |
| net assets | 63,432 | 66,390 | 59,928 | 71,046 | 65,271 | 45,449 | 24,919 | 8,362 |
| total shareholders funds | 63,432 | 66,390 | 59,928 | 71,046 | 65,271 | 45,449 | 24,919 | 8,362 |
| Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 2,005 | 2,506 | 965 | 1,206 | 1,508 | 1,884 | ||
| Amortisation | 2,400 | 2,400 | 2,400 | 2,400 | 2,400 | |||
| Tax | ||||||||
| Stock | -2,760 | 1,120 | 6,290 | -4,405 | -1,250 | -25,365 | 1,715 | 47,635 |
| Debtors | -2,526 | 3,097 | -7,910 | 16,295 | 5,688 | 1,844 | 1,736 | 23,999 |
| Creditors | -25,101 | -9,253 | 12,040 | 20,298 | -21,956 | -96,008 | 7,291 | 125,853 |
| Accruals and Deferred Income | -4,288 | -6,816 | 17,988 | -3,571 | -7,440 | 23,054 | ||
| 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 | -21,059 | -20,739 | 5,402 | 36,396 | ||||
| Other Short Term Loans | ||||||||
| Long term loans | -5,000 | 50,000 | ||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -7,235 | -13,897 | 21,132 | |||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -14,600 | 16,859 | 2,939 | -4,894 | -1,489 | -5,285 | 6,500 | 6,766 |
| overdraft | 15,456 | -15,553 | 103 | 1,627 | 3,213 | 11,595 | ||
| change in cash | -30,056 | 32,412 | 2,836 | -6,521 | -4,702 | -16,880 | 6,500 | 6,766 |
simply local (uk) ltd Credit Report and Business Information
Simply Local (uk) Ltd Competitor Analysis
Perform a competitor analysis for simply local (uk) 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 BL9 area or any other competitors across 12 key performance metrics.
simply local (uk) ltd Ownership
SIMPLY LOCAL (UK) LTD group structure
Simply Local (Uk) Ltd has no subsidiary companies.
Ultimate parent company
SIMPLY LOCAL (UK) LTD
08744215
simply local (uk) ltd directors
Simply Local (Uk) Ltd currently has 2 directors. The longest serving directors include Mrs Sapna Sisodia (Oct 2013) and Mr Kamal Sisodia (Oct 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sapna Sisodia | United Kingdom | 40 years | Oct 2013 | - | Director |
| Mr Kamal Sisodia | United Kingdom | 44 years | Oct 2013 | - | Director |
P&L
November 2021turnover
398.8k
-36%
operating profit
456.9
0%
gross margin
22.8%
-0.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2021net assets
63.4k
-0.04%
total assets
157k
-0.12%
cash
6.8k
-0.68%
net assets
Total assets minus all liabilities
Similar Companies
simply local (uk) ltd company details
company number
08744215
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2021
previous names
N/A
accountant
STERLING ACCOUNTING SERVICES LIMITED
auditor
-
address
c/o horsfields belgrave place, 8 manchester road, bury, lancashire, BL9 0ED
Bank
-
Legal Advisor
-
simply local (uk) 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 simply local (uk) ltd.
simply local (uk) 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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simply local (uk) ltd Companies House Filings - See Documents
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