original brands ltd.
original brands ltd. Company Information
Company Number
09050976
Website
www.originaladditions.comRegistered Address
units 1-6, euro centre, 116-118 bury new road, manchester, M8 8EB
Industry
Wholesale of clothing and footwear
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Amarjit Singh Grewal5 Years
Shareholders
amarjit singh grewal 100%
original brands ltd. Estimated Valuation
Pomanda estimates the enterprise value of ORIGINAL BRANDS LTD. at £583.2k based on a Turnover of £1.9m and 0.3x industry multiple (adjusted for size and gross margin).
original brands ltd. Estimated Valuation
Pomanda estimates the enterprise value of ORIGINAL BRANDS LTD. at £1.3m based on an EBITDA of £357.9k and a 3.5x industry multiple (adjusted for size and gross margin).
original brands ltd. Estimated Valuation
Pomanda estimates the enterprise value of ORIGINAL BRANDS LTD. at £2.2m based on Net Assets of £1.2m and 1.82x industry multiple (adjusted for liquidity).
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Original Brands Ltd. Overview
Original Brands Ltd. is a live company located in manchester, M8 8EB with a Companies House number of 09050976. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in May 2014, it's largest shareholder is amarjit singh grewal with a 100% stake. Original Brands Ltd. is a established, small sized company, Pomanda has estimated its turnover at £1.9m with declining growth in recent years.
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Original Brands Ltd. Health Check
Pomanda's financial health check has awarded Original Brands Ltd. a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£16.9m)
- Original Brands Ltd.
£16.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (4.2%)
- Original Brands Ltd.
4.2% - Industry AVG
Production
with a gross margin of 31%, this company has a comparable cost of product (31%)
- Original Brands Ltd.
31% - Industry AVG
Profitability
an operating margin of 18.3% make it more profitable than the average company (4%)
- Original Brands Ltd.
4% - Industry AVG
Employees
with 4 employees, this is below the industry average (49)
4 - Original Brands Ltd.
49 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
- Original Brands Ltd.
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £479.3k, this is more efficient (£319.1k)
- Original Brands Ltd.
£319.1k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (42 days)
- Original Brands Ltd.
42 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (38 days)
- Original Brands Ltd.
38 days - Industry AVG
Stock Days
it holds stock equivalent to 317 days, this is more than average (136 days)
- Original Brands Ltd.
136 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (10 weeks)
6 weeks - Original Brands Ltd.
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.2%, this is a lower level of debt than the average (59.4%)
37.2% - Original Brands Ltd.
59.4% - Industry AVG
original brands ltd. Credit Report and Business Information
Original Brands Ltd. Competitor Analysis
Perform a competitor analysis for original brands ltd. by selecting its closest rivals and benchmarking them against 12 key performance metrics.
original brands ltd. Ownership
ORIGINAL BRANDS LTD. group structure
Original Brands Ltd. has no subsidiary companies.
Ultimate parent company
ORIGINAL BRANDS LTD.
09050976
original brands ltd. directors
Original Brands Ltd. currently has 1 director, Mr Amarjit Singh Grewal serving since Sep 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Amarjit Singh Grewal | England | 56 years | Sep 2018 | - | Director |
ORIGINAL BRANDS LTD. financials
Original Brands Ltd.'s latest turnover from July 2023 is estimated at £1.9 million and the company has net assets of £1.2 million. According to their latest financial statements, Original Brands Ltd. has 4 employees and maintains cash reserves of £90.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Mar 2016 | 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 | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 22,891 | 25,246 | 32,320 | 3,046 | 368 | 460 | 585 | 783 | 979 |
| Intangible Assets | 807 | 1,076 | 1,345 | 1,614 | 1,883 | 2,152 | 2,421 | 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 | 23,698 | 26,322 | 33,665 | 4,660 | 2,251 | 2,612 | 3,006 | 783 | 979 |
| Stock & work in progress | 1,150,267 | 889,093 | 778,173 | 1,024,593 | 573,294 | 409,661 | 585,881 | 1,291,550 | 2,252,458 |
| Trade Debtors | 402,632 | 409,905 | 423,631 | 324,441 | 362,979 | 865,866 | 746,187 | 694,931 | 663,917 |
| Group Debtors | 167,565 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 109,284 | 253,013 | 14,545 | 49,080 | 33,029 | 4,895 | 7,969 | 45,427 | 0 |
| Cash | 90,403 | 106,576 | 12,953 | 48,858 | 177,472 | 28,437 | 3,024 | 9,009 | 67,661 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,920,151 | 1,658,587 | 1,229,302 | 1,446,972 | 1,146,774 | 1,308,859 | 1,343,061 | 2,040,917 | 2,984,036 |
| total assets | 1,943,849 | 1,684,909 | 1,262,967 | 1,451,632 | 1,149,025 | 1,311,471 | 1,346,067 | 2,041,700 | 2,985,015 |
| Bank overdraft | 315,733 | 241,636 | 58,715 | 182,171 | 0 | 0 | 678,435 | 482,413 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,506 | 33,135 | 765 | 412,349 | 244,183 | 386,235 | 124,588 | 701,129 | 2,790,051 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 20,174 | 2,324 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 374,773 | 403,041 | 358,762 | 287,422 | 450,789 | 609,808 | 468,914 | 797,149 | 0 |
| total current liabilities | 722,186 | 680,136 | 418,242 | 881,942 | 694,972 | 996,043 | 1,271,937 | 1,980,691 | 2,790,051 |
| loans | 0 | 0 | 127,980 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 20,124 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 25,362 | 0 | 0 | 0 | 0 | 0 | 150,000 |
| provisions | 0 | 6,312 | 694 | 579 | 70 | 87 | 0 | 0 | 0 |
| total long term liabilities | 0 | 26,436 | 154,036 | 579 | 70 | 87 | 0 | 0 | 150,000 |
| total liabilities | 722,186 | 706,572 | 572,278 | 882,521 | 695,042 | 996,130 | 1,271,937 | 1,980,691 | 2,940,051 |
| net assets | 1,221,663 | 978,337 | 690,689 | 569,111 | 453,983 | 315,341 | 74,130 | 61,009 | 44,964 |
| total shareholders funds | 1,221,663 | 978,337 | 690,689 | 569,111 | 453,983 | 315,341 | 74,130 | 61,009 | 44,964 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 7,510 | 7,074 | 3,880 | 523 | 92 | 125 | 198 | 196 | 151 |
| Amortisation | 269 | 269 | 269 | 269 | 269 | 269 | 269 | 0 | 0 |
| Tax | |||||||||
| Stock | 261,174 | 110,920 | -246,420 | 451,299 | 163,633 | -176,220 | -705,669 | -960,908 | 2,252,458 |
| Debtors | 16,563 | 224,742 | 64,655 | -22,487 | -474,753 | 116,605 | 13,798 | 76,441 | 663,917 |
| Creditors | -21,629 | 32,370 | -411,584 | 168,166 | -142,052 | 261,647 | -576,541 | -2,088,922 | 2,790,051 |
| Accruals and Deferred Income | -28,268 | 44,279 | 71,340 | -163,367 | -159,019 | 140,894 | -328,235 | 797,149 | 0 |
| Deferred Taxes & Provisions | -6,312 | 5,618 | 115 | 509 | -17 | 87 | 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 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -127,980 | 127,980 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -2,274 | 22,448 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -25,362 | 25,362 | 0 | 0 | 0 | 0 | -150,000 | 150,000 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -16,173 | 93,623 | -35,905 | -128,614 | 149,035 | 25,413 | -5,985 | -58,652 | 67,661 |
| overdraft | 74,097 | 182,921 | -123,456 | 182,171 | 0 | -678,435 | 196,022 | 482,413 | 0 |
| change in cash | -90,270 | -89,298 | 87,551 | -310,785 | 149,035 | 703,848 | -202,007 | -541,065 | 67,661 |
P&L
July 2023turnover
1.9m
+21%
operating profit
350.2k
0%
gross margin
31.1%
-0.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.2m
+0.25%
total assets
1.9m
+0.15%
cash
90.4k
-0.15%
net assets
Total assets minus all liabilities
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original brands ltd. company details
company number
09050976
Type
Private limited with Share Capital
industry
46420 - Wholesale of clothing and footwear
incorporation date
May 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
official brands limited (May 2014)
incorporated
UK
address
units 1-6, euro centre, 116-118 bury new road, manchester, M8 8EB
last accounts submitted
July 2023
original brands 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 original brands ltd..
original brands ltd. Companies House Filings - See Documents
| date | description | view/download |
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