urban splash house limited
urban splash house limited Company Information
Company Number
08765683
Next Accounts
914 days late
Industry
Development of building projects
Directors
Shareholders
urban splash house developments ltd
Group Structure
View All
Contact
Registered Address
c/o teneo financial advisory lim, the colmore building, birmingham, B4 6AT
Website
www.urbansplash.co.ukurban splash house limited Estimated Valuation
Pomanda estimates the enterprise value of URBAN SPLASH HOUSE LIMITED at £1.9m based on a Turnover of £4.7m and 0.4x industry multiple (adjusted for size and gross margin).
urban splash house limited Estimated Valuation
Pomanda estimates the enterprise value of URBAN SPLASH HOUSE LIMITED at £0 based on an EBITDA of £-3.5m and a 2.79x industry multiple (adjusted for size and gross margin).
urban splash house limited Estimated Valuation
Pomanda estimates the enterprise value of URBAN SPLASH HOUSE LIMITED at £2.7m based on Net Assets of £1.8m and 1.56x industry multiple (adjusted for liquidity).
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Urban Splash House Limited Overview
Urban Splash House Limited is a live company located in birmingham, B4 6AT with a Companies House number of 08765683. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2013, it's largest shareholder is urban splash house developments ltd with a 100% stake. Urban Splash House Limited is a established, small sized company, Pomanda has estimated its turnover at £4.7m with rapid growth in recent years.
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Urban Splash House Limited Health Check
Pomanda's financial health check has awarded Urban Splash House Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £4.7m, make it larger than the average company (£2m)
£4.7m - Urban Splash House Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 301%, show it is growing at a faster rate (2.9%)
301% - Urban Splash House Limited
2.9% - Industry AVG
Production
with a gross margin of 7.5%, this company has a higher cost of product (24.6%)
7.5% - Urban Splash House Limited
24.6% - Industry AVG
Profitability
an operating margin of -73.9% make it less profitable than the average company (8.7%)
-73.9% - Urban Splash House Limited
8.7% - Industry AVG
Employees
with 19 employees, this is above the industry average (6)
- Urban Splash House Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Urban Splash House Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £249k, this is equally as efficient (£262.5k)
- Urban Splash House Limited
£262.5k - Industry AVG
Debtor Days
it gets paid by customers after 204 days, this is later than average (29 days)
204 days - Urban Splash House Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 147 days, this is slower than average (30 days)
147 days - Urban Splash House Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 2135 days, this is more than average (215 days)
2135 days - Urban Splash House Limited
215 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (12 weeks)
4 weeks - Urban Splash House Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.2%, this is a higher level of debt than the average (74.4%)
95.2% - Urban Splash House Limited
74.4% - Industry AVG
URBAN SPLASH HOUSE LIMITED financials
Urban Splash House Limited's latest turnover from September 2020 is £4.7 million and the company has net assets of £1.8 million. According to their latest financial statements, we estimate that Urban Splash House Limited has 19 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|
| Turnover | 4,730,922 | 2,149,460 | 23,037,905 | 73,477 | 9,493,606 | 1,750,300 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 4,375,393 | 637,501 | 17,765,232 | -386,320 | 7,531,215 | 1,400,000 | |
| Gross Profit | 355,529 | 1,511,959 | 5,272,673 | 459,797 | 1,962,391 | 350,300 | |
| Admin Expenses | 3,852,001 | 1,781,066 | 563,254 | 814,909 | 661,738 | ||
| Operating Profit | -3,496,472 | -269,107 | 4,709,419 | -355,112 | 1,300,653 | ||
| Interest Payable | 212,628 | 3,456 | 845 | 0 | 0 | 0 | |
| Interest Receivable | 28,875 | 31,275 | 11,328 | 1,781 | 2,675 | 0 | |
| Pre-Tax Profit | -3,680,225 | -241,288 | 4,719,902 | -353,331 | 1,303,328 | 156,439 | |
| Tax | 0 | -80,488 | -115,356 | 0 | 0 | 0 | |
| Profit After Tax | -3,680,225 | -321,776 | 4,604,546 | -353,331 | 1,303,328 | 156,439 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -3,680,225 | -321,776 | 4,604,546 | -353,331 | 1,303,328 | 156,439 | |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | |||||||
| EBITDA* | -3,487,196 | -261,944 | 4,709,419 | -355,112 | 1,300,653 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,490 | 24,747 | 19,562 | 18,248 | 10,035 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 308,286 | 308,286 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 337,776 | 333,033 | 19,562 | 18,248 | 10,035 | 0 | 0 |
| Stock & work in progress | 25,596,133 | 7,919,979 | 1,949,169 | 7,858,615 | 2,354,077 | 3,405,321 | 0 |
| Trade Debtors | 2,655,299 | 9,450 | 74,086 | 1,310 | 44,600 | 120,788 | 0 |
| Group Debtors | 4,380,920 | 2,682,353 | 201,958 | 37,295 | 0 | 1 | 0 |
| Misc Debtors | 695,825 | 305,571 | 238,442 | 20,915 | 51,622 | 4,791 | 0 |
| Cash | 3,191,602 | 543,526 | 8,089,078 | 1,828,529 | 2,229,213 | 548,324 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 36,519,779 | 11,460,879 | 10,552,733 | 9,746,664 | 4,679,512 | 4,079,225 | 0 |
| total assets | 36,857,555 | 11,793,912 | 10,572,295 | 9,764,912 | 4,689,547 | 4,079,225 | 0 |
| Bank overdraft | 0 | 0 | 0 | 3,898,513 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,772,681 | 1,909,384 | 400,503 | 303,511 | 530,098 | 605,876 | 0 |
| Group/Directors Accounts | 32,151,354 | 3,324,107 | 3,999,762 | 3,971,656 | 1,817,921 | 3,157,026 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,172,242 | 1,118,918 | 408,751 | 432,499 | 881,760 | 159,883 | 0 |
| total current liabilities | 35,096,277 | 6,352,409 | 4,809,016 | 8,606,179 | 3,229,779 | 3,922,785 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 35,096,277 | 6,352,409 | 4,809,016 | 8,606,179 | 3,229,779 | 3,922,785 | 0 |
| net assets | 1,761,278 | 5,441,503 | 5,763,279 | 1,158,733 | 1,459,768 | 156,440 | 0 |
| total shareholders funds | 1,761,278 | 5,441,503 | 5,763,279 | 1,158,733 | 1,459,768 | 156,440 | 0 |
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -3,496,472 | -269,107 | 4,709,419 | -355,112 | 1,300,653 | ||
| Depreciation | 9,276 | 7,163 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | -80,488 | -115,356 | 0 | 0 | 0 | |
| Stock | 17,676,154 | 5,970,810 | -5,909,446 | 5,504,538 | -1,051,244 | 3,405,321 | 0 |
| Debtors | 4,734,670 | 2,482,888 | 454,966 | -36,702 | -29,358 | 125,580 | 0 |
| Creditors | -136,703 | 1,508,881 | 96,992 | -226,587 | -75,778 | 605,876 | 0 |
| Accruals and Deferred Income | 53,324 | 710,167 | -23,748 | -449,261 | 721,877 | 159,883 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -25,981,399 | -6,577,082 | 10,121,787 | -6,498,796 | 3,027,354 | ||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 308,286 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 28,827,247 | -675,655 | 28,106 | 2,153,735 | -1,339,105 | 3,157,026 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -183,753 | 27,819 | 10,483 | 1,781 | 2,675 | 0 | |
| cash flow from financing | 28,643,494 | -647,836 | 38,589 | 2,207,812 | -1,336,430 | 3,157,027 | |
| cash and cash equivalents | |||||||
| cash | 2,648,076 | -7,545,552 | 6,260,549 | -400,684 | 1,680,889 | 548,324 | 0 |
| overdraft | 0 | 0 | -3,898,513 | 3,898,513 | 0 | 0 | 0 |
| change in cash | 2,648,076 | -7,545,552 | 10,159,062 | -4,299,197 | 1,680,889 | 548,324 | 0 |
urban splash house limited Credit Report and Business Information
Urban Splash House Limited Competitor Analysis
Perform a competitor analysis for urban splash house limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in B 4 area or any other competitors across 12 key performance metrics.
urban splash house limited Ownership
URBAN SPLASH HOUSE LIMITED group structure
Urban Splash House Limited has 4 subsidiary companies.
Ultimate parent company
URBAN SPLASH HOUSE LIMITED
08765683
4 subsidiaries
urban splash house limited directors
Urban Splash House Limited currently has 1 director, Mr Julian Curnuck serving since Nov 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Julian Curnuck | United Kingdom | 55 years | Nov 2013 | - | Director |
P&L
September 2020turnover
4.7m
+120%
operating profit
-3.5m
+1199%
gross margin
7.6%
-89.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
1.8m
-0.68%
total assets
36.9m
+2.13%
cash
3.2m
+4.87%
net assets
Total assets minus all liabilities
urban splash house limited company details
company number
08765683
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2013
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2020
previous names
N/A
accountant
-
auditor
BDO LLP
address
c/o teneo financial advisory lim, the colmore building, birmingham, B4 6AT
Bank
-
Legal Advisor
-
urban splash house 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 found 14 charges/mortgages relating to urban splash house limited. Currently there are 0 open charges and 14 have been satisfied in the past.
urban splash house 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 URBAN SPLASH HOUSE LIMITED. This can take several minutes, an email will notify you when this has completed.
urban splash house limited Companies House Filings - See Documents
| date | description | view/download |
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