sussex spice ship limited
sussex spice ship limited Company Information
Company Number
09203772
Next Accounts
Dec 2024
Industry
Event catering activities
Directors
Shareholders
alexander stuart farquharson hart
Group Structure
View All
Contact
Registered Address
21 weald view, barcombe, east sussex, BN8 5AZ
Website
-sussex spice ship limited Estimated Valuation
Pomanda estimates the enterprise value of SUSSEX SPICE SHIP LIMITED at £11.2k based on a Turnover of £44.3k and 0.25x industry multiple (adjusted for size and gross margin).
sussex spice ship limited Estimated Valuation
Pomanda estimates the enterprise value of SUSSEX SPICE SHIP LIMITED at £0 based on an EBITDA of £-90 and a 2.01x industry multiple (adjusted for size and gross margin).
sussex spice ship limited Estimated Valuation
Pomanda estimates the enterprise value of SUSSEX SPICE SHIP LIMITED at £0 based on Net Assets of £-15.8k and 3.1x industry multiple (adjusted for liquidity).
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Sussex Spice Ship Limited Overview
Sussex Spice Ship Limited is a dissolved company that was located in east sussex, BN8 5AZ with a Companies House number of 09203772. It operated in the event catering activities sector, SIC Code 56210. Founded in September 2014, it's largest shareholder was alexander stuart farquharson hart with a 100% stake. The last turnover for Sussex Spice Ship Limited was estimated at £44.3k.
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Sussex Spice Ship Limited Health Check
Pomanda's financial health check has awarded Sussex Spice Ship Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £44.3k, make it smaller than the average company (£419.5k)
- Sussex Spice Ship Limited
£419.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (-20.8%)
- Sussex Spice Ship Limited
-20.8% - Industry AVG
Production
with a gross margin of -2.2%, this company has a higher cost of product (33.4%)
- Sussex Spice Ship Limited
33.4% - Industry AVG
Profitability
an operating margin of -0.2% make it more profitable than the average company (-3.6%)
- Sussex Spice Ship Limited
-3.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
- Sussex Spice Ship Limited
17 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
- Sussex Spice Ship Limited
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £44.3k, this is more efficient (£29.6k)
- Sussex Spice Ship Limited
£29.6k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (43 days)
- Sussex Spice Ship Limited
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Sussex Spice Ship Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sussex Spice Ship Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sussex Spice Ship Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 234%, this is a higher level of debt than the average (89.1%)
234% - Sussex Spice Ship Limited
89.1% - Industry AVG
SUSSEX SPICE SHIP LIMITED financials
Sussex Spice Ship Limited's latest turnover from September 2021 is estimated at £44.3 thousand and the company has net assets of -£15.8 thousand. According to their latest financial statements, we estimate that Sussex Spice Ship Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 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
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 11,763 | 11,763 | 0 | 11,763 | 11,757 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 11,763 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 11,763 | 11,763 | 11,763 | 11,763 | 11,757 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 11,763 | 11,763 | 0 | 417 | 417 | 417 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 35 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,763 | 11,763 | 0 | 417 | 417 | 417 | 35 |
| total assets | 11,763 | 11,763 | 11,763 | 12,180 | 12,180 | 12,180 | 11,792 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 27,440 | 0 | 0 | 426 | 600 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 27,440 | 0 | 0 | 426 | 600 |
| 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 | 27,530 | 27,440 | 0 | 27,857 | 27,857 | 27,431 | 20,898 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 27,530 | 27,440 | 0 | 27,857 | 27,857 | 27,431 | 20,898 |
| total liabilities | 27,530 | 27,440 | 27,440 | 27,857 | 27,857 | 27,857 | 21,498 |
| net assets | -15,767 | -15,677 | -15,677 | -15,677 | -15,677 | -15,677 | -9,706 |
| total shareholders funds | -15,767 | -15,677 | -15,677 | -15,677 | -15,677 | -15,677 | -9,706 |
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 11,763 | -417 | 0 | 0 | 417 | 0 |
| Creditors | 0 | -27,440 | 27,440 | 0 | -426 | -174 | 600 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | -11,763 | 11,763 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 90 | 27,440 | -27,857 | 0 | 426 | 6,533 | 20,898 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | -35 | 35 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -35 | 35 |
sussex spice ship limited Credit Report and Business Information
Sussex Spice Ship Limited Competitor Analysis
Perform a competitor analysis for sussex spice ship limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in BN8 area or any other competitors across 12 key performance metrics.
sussex spice ship limited Ownership
SUSSEX SPICE SHIP LIMITED group structure
Sussex Spice Ship Limited has no subsidiary companies.
Ultimate parent company
SUSSEX SPICE SHIP LIMITED
09203772
sussex spice ship limited directors
Sussex Spice Ship Limited currently has 1 director, Mr Alexander Hart serving since Sep 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Hart | United Kingdom | 51 years | Sep 2014 | - | Director |
P&L
September 2021turnover
44.3k
-47%
operating profit
-90
0%
gross margin
-2.2%
-114.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2021net assets
-15.8k
+0.01%
total assets
11.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
sussex spice ship limited company details
company number
09203772
Type
Private limited with Share Capital
industry
56210 - Event catering activities
incorporation date
September 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2021
previous names
N/A
accountant
-
auditor
-
address
21 weald view, barcombe, east sussex, BN8 5AZ
Bank
-
Legal Advisor
-
sussex spice ship 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 did not find charges/mortgages relating to sussex spice ship limited.
sussex spice ship 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.
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sussex spice ship limited Companies House Filings - See Documents
| date | description | view/download |
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