colindale local ltd
colindale local ltd Company Information
Company Number
09027566
Registered Address
189 colindale avenue, colindale, NW9 5HY
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Telephone
02083584762
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
dalair singh sethi 50%
swaran kaur sethi 50%
colindale local ltd Estimated Valuation
Pomanda estimates the enterprise value of COLINDALE LOCAL LTD at £240k based on a Turnover of £961.2k and 0.25x industry multiple (adjusted for size and gross margin).
colindale local ltd Estimated Valuation
Pomanda estimates the enterprise value of COLINDALE LOCAL LTD at £268.5k based on an EBITDA of £91.1k and a 2.95x industry multiple (adjusted for size and gross margin).
colindale local ltd Estimated Valuation
Pomanda estimates the enterprise value of COLINDALE LOCAL LTD at £535.1k based on Net Assets of £193.7k and 2.76x industry multiple (adjusted for liquidity).
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Colindale Local Ltd Overview
Colindale Local Ltd is a live company located in colindale, NW9 5HY with a Companies House number of 09027566. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in May 2014, it's largest shareholder is dalair singh sethi with a 50% stake. Colindale Local Ltd is a established, small sized company, Pomanda has estimated its turnover at £961.2k with declining growth in recent years.
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Colindale Local Ltd Health Check
Pomanda's financial health check has awarded Colindale Local Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £961.2k, make it in line with the average company (£1.1m)
- Colindale Local Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.2%)
- Colindale Local Ltd
6.2% - Industry AVG
Production
with a gross margin of 15.8%, this company has a higher cost of product (22.6%)
- Colindale Local Ltd
22.6% - Industry AVG
Profitability
an operating margin of 9.5% make it more profitable than the average company (2.9%)
- Colindale Local Ltd
2.9% - Industry AVG
Employees
with 6 employees, this is below the industry average (13)
6 - Colindale Local Ltd
13 - Industry AVG
Pay Structure
on an average salary of £15k, the company has an equivalent pay structure (£15k)
- Colindale Local Ltd
£15k - Industry AVG
Efficiency
resulting in sales per employee of £160.2k, this is more efficient (£112.4k)
- Colindale Local Ltd
£112.4k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (6 days)
- Colindale Local Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (25 days)
- Colindale Local Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Colindale Local Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Colindale Local Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.3%, this is a lower level of debt than the average (69.2%)
39.3% - Colindale Local Ltd
69.2% - Industry AVG
COLINDALE LOCAL LTD financials
Colindale Local Ltd's latest turnover from May 2023 is estimated at £961.2 thousand and the company has net assets of £193.7 thousand. According to their latest financial statements, Colindale Local Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 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 | 6 | 6 | 6 | 6 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 68,490 | 17,796 | 21,157 | 24,518 | 13,725 | 9,674 | 12,377 | 13,870 | 928 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 68,490 | 17,796 | 21,157 | 24,518 | 13,725 | 9,674 | 12,377 | 13,870 | 928 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 92,250 | 95,245 | 106,060 | 79,160 |
| Trade Debtors | 250,588 | 268,133 | 222,608 | 211,120 | 148,166 | 36,702 | 24,000 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 648 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 4,367 | 13,699 | 13,355 | 1,081 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 250,588 | 268,133 | 222,608 | 211,120 | 148,166 | 133,967 | 132,944 | 119,415 | 80,241 |
| total assets | 319,078 | 285,929 | 243,765 | 235,638 | 161,891 | 143,641 | 145,321 | 133,285 | 81,169 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 103,587 | 129,138 | 114,026 | 128,986 | 131,375 | 17,837 | 14,291 | 14,415 | 80,806 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 5,276 | 24,776 | 77,598 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 56,568 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 32,204 | 46,103 | 18,851 | 0 |
| total current liabilities | 103,587 | 129,138 | 114,026 | 128,986 | 131,375 | 111,885 | 85,170 | 110,864 | 80,806 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,900 | 1,832 | 1,400 | 0 | 8,000 | 0 | 0 | 0 | 0 |
| other liabilities | 19,932 | 29,636 | 50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 21,832 | 31,468 | 51,400 | 50,000 | 8,000 | 0 | 0 | 0 | 0 |
| total liabilities | 125,419 | 160,606 | 165,426 | 178,986 | 139,375 | 111,885 | 85,170 | 110,864 | 80,806 |
| net assets | 193,659 | 125,323 | 78,339 | 56,652 | 22,516 | 31,756 | 60,151 | 22,421 | 363 |
| total shareholders funds | 193,659 | 125,323 | 78,339 | 56,652 | 22,516 | 31,756 | 60,151 | 22,421 | 363 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,703 | 2,703 | 558 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | |||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | -92,250 | -2,995 | -10,815 | 26,900 | 79,160 |
| Debtors | -17,545 | 45,525 | 11,488 | 62,954 | 110,816 | 13,350 | 24,000 | 0 | 0 |
| Creditors | -25,551 | 15,112 | -14,960 | -2,389 | 113,538 | 3,546 | -124 | -66,391 | 80,806 |
| Accruals and Deferred Income | 68 | 432 | 1,400 | -8,000 | -24,204 | -13,899 | 27,252 | 18,851 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -5,276 | -19,500 | -52,822 | 77,598 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -56,568 | 56,568 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -9,704 | -20,364 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | -4,367 | -9,332 | 344 | 12,274 | 1,081 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -4,367 | -9,332 | 344 | 12,274 | 1,081 |
colindale local ltd Credit Report and Business Information
Colindale Local Ltd Competitor Analysis
Perform a competitor analysis for colindale local 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 NW9 area or any other competitors across 12 key performance metrics.
colindale local ltd Ownership
COLINDALE LOCAL LTD group structure
Colindale Local Ltd has no subsidiary companies.
Ultimate parent company
COLINDALE LOCAL LTD
09027566
colindale local ltd directors
Colindale Local Ltd currently has 2 directors. The longest serving directors include Mr Dalair Sethi (Sep 2016) and Mr Paul Sethi (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dalair Sethi | United Kingdom | 59 years | Sep 2016 | - | Director |
| Mr Paul Sethi | England | 36 years | Nov 2023 | - | Director |
P&L
May 2023turnover
961.2k
-6%
operating profit
91.1k
0%
gross margin
15.8%
-3.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
193.7k
+0.55%
total assets
319.1k
+0.12%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
colindale local ltd company details
company number
09027566
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
May 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
189 colindale avenue, colindale, NW9 5HY
Bank
-
Legal Advisor
-
colindale local 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 colindale local ltd.
colindale local ltd Companies House Filings - See Documents
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