tiny sponges ltd.
tiny sponges ltd. Company Information
Company Number
08955191
Next Accounts
Mar 2025
Shareholders
joanne fitzgerald
paul fitzgerald
Group Structure
View All
Industry
Educational support activities
Registered Address
50 lowther road, brighton, BN1 6LH
Website
tinysponges.comtiny sponges ltd. Estimated Valuation
Pomanda estimates the enterprise value of TINY SPONGES LTD. at £343 based on a Turnover of £555 and 0.62x industry multiple (adjusted for size and gross margin).
tiny sponges ltd. Estimated Valuation
Pomanda estimates the enterprise value of TINY SPONGES LTD. at £40.9k based on an EBITDA of £10.1k and a 4.03x industry multiple (adjusted for size and gross margin).
tiny sponges ltd. Estimated Valuation
Pomanda estimates the enterprise value of TINY SPONGES LTD. at £0 based on Net Assets of £-922 and 2.43x industry multiple (adjusted for liquidity).
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Tiny Sponges Ltd. Overview
Tiny Sponges Ltd. is a dissolved company that was located in brighton, BN1 6LH with a Companies House number of 08955191. It operated in the educational support services sector, SIC Code 85600. Founded in March 2014, it's largest shareholder was joanne fitzgerald with a 90% stake. The last turnover for Tiny Sponges Ltd. was estimated at £555.8.
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Tiny Sponges Ltd. Health Check
Pomanda's financial health check has awarded Tiny Sponges Ltd. a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £555.8, make it smaller than the average company (£406.5k)
- Tiny Sponges Ltd.
£406.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -73%, show it is growing at a slower rate (4.2%)
- Tiny Sponges Ltd.
4.2% - Industry AVG
Production
with a gross margin of 63.5%, this company has a comparable cost of product (63.5%)
- Tiny Sponges Ltd.
63.5% - Industry AVG
Profitability
an operating margin of 1825.5% make it more profitable than the average company (4.4%)
- Tiny Sponges Ltd.
4.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
- Tiny Sponges Ltd.
10 - Industry AVG
Pay Structure
on an average salary of £28.8k, the company has an equivalent pay structure (£28.8k)
- Tiny Sponges Ltd.
£28.8k - Industry AVG
Efficiency
resulting in sales per employee of £555.8, this is less efficient (£53.2k)
- Tiny Sponges Ltd.
£53.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tiny Sponges Ltd.
- - Industry AVG
Creditor Days
its suppliers are paid after 152 days, this is slower than average (20 days)
- Tiny Sponges Ltd.
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tiny Sponges Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 46 weeks, this is less cash available to meet short term requirements (93 weeks)
46 weeks - Tiny Sponges Ltd.
93 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.3%, this is a higher level of debt than the average (37.1%)
109.3% - Tiny Sponges Ltd.
37.1% - Industry AVG
TINY SPONGES LTD. financials
Tiny Sponges Ltd.'s latest turnover from December 2022 is estimated at £556 and the company has net assets of -£922. According to their latest financial statements, we estimate that Tiny Sponges Ltd. has 1 employee and maintains cash reserves of £9.8 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 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | 1,450 | 3,664 | |||||||
| Trade Debtors | 170 | 141 | |||||||
| Group Debtors | |||||||||
| Misc Debtors | 185 | 446 | 186 | 319 | 598 | ||||
| Cash | 9,779 | 1,507 | 1,188 | 2,025 | 6,754 | 100 | 100 | 100 | |
| misc current assets | |||||||||
| total current assets | 9,964 | 1,953 | 2,824 | 6,178 | 7,493 | 100 | 100 | 100 | |
| total assets | 9,964 | 1,953 | 2,824 | 6,178 | 7,493 | 100 | 100 | 100 | |
| Bank overdraft | 33 | ||||||||
| Bank loan | |||||||||
| Trade Creditors | 85 | 152 | 162 | 1,221 | |||||
| Group/Directors Accounts | 200 | 1,869 | 1,869 | 2,065 | |||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 10,601 | 11,101 | 11,100 | 10,600 | 8,600 | ||||
| total current liabilities | 10,886 | 11,253 | 13,131 | 13,723 | 10,665 | ||||
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 10,886 | 11,253 | 13,131 | 13,723 | 10,665 | ||||
| net assets | -922 | -9,300 | -10,307 | -7,545 | -3,172 | 100 | 100 | 100 | |
| total shareholders funds | -922 | -9,300 | -10,307 | -7,545 | -3,172 | 100 | 100 | 100 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -1,450 | -2,214 | 3,664 | ||||||
| Debtors | -261 | 260 | -303 | -250 | 739 | ||||
| Creditors | -67 | -10 | -1,059 | 1,221 | |||||
| Accruals and Deferred Income | -500 | 1 | 500 | 2,000 | 8,600 | ||||
| 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 | 200 | -1,869 | -196 | 2,065 | |||||
| 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 | 8,272 | 319 | -837 | -4,729 | 6,654 | 100 | |||
| overdraft | -33 | 33 | |||||||
| change in cash | 8,272 | 319 | -804 | -4,762 | 6,654 | 100 |
tiny sponges ltd. Credit Report and Business Information
Tiny Sponges Ltd. Competitor Analysis
Perform a competitor analysis for tiny sponges ltd. by selecting its closest rivals, whether from the EDUCATION sector, other undefined companies, companies in BN1 area or any other competitors across 12 key performance metrics.
tiny sponges ltd. Ownership
TINY SPONGES LTD. group structure
Tiny Sponges Ltd. has no subsidiary companies.
Ultimate parent company
TINY SPONGES LTD.
08955191
tiny sponges ltd. directors
Tiny Sponges Ltd. currently has 2 directors. The longest serving directors include Mrs Joanne Fitzgerald (Mar 2014) and Mr Paul Fitzgerald (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Joanne Fitzgerald | England | 59 years | Mar 2014 | - | Director |
| Mr Paul Fitzgerald | England | 69 years | Mar 2014 | - | Director |
P&L
December 2022turnover
555.8
-51%
operating profit
10.1k
0%
gross margin
63.5%
+4.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-922
-0.9%
total assets
10k
+4.1%
cash
9.8k
+5.49%
net assets
Total assets minus all liabilities
tiny sponges ltd. company details
company number
08955191
Type
Private limited with Share Capital
industry
85600 - Educational support activities
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
P B SYDDALL & CO
auditor
-
address
50 lowther road, brighton, BN1 6LH
Bank
-
Legal Advisor
-
tiny sponges 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 tiny sponges ltd..
tiny sponges 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.
Click to start generating capital raising & share issue transactions for TINY SPONGES LTD.. This can take several minutes, an email will notify you when this has completed.
tiny sponges ltd. Companies House Filings - See Documents
| date | description | view/download |
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