my head is spinning ltd
my head is spinning ltd Company Information
Company Number
09212861
Website
-Registered Address
21 foxglove drive, biggleswade, bedfordshire, SG18 8SP
Industry
Artistic creation
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
colin norman morrison 60%
julie anne morrison 40%
my head is spinning ltd Estimated Valuation
Pomanda estimates the enterprise value of MY HEAD IS SPINNING LTD at £37.5k based on a Turnover of £133.1k and 0.28x industry multiple (adjusted for size and gross margin).
my head is spinning ltd Estimated Valuation
Pomanda estimates the enterprise value of MY HEAD IS SPINNING LTD at £36.4k based on an EBITDA of £25.6k and a 1.42x industry multiple (adjusted for size and gross margin).
my head is spinning ltd Estimated Valuation
Pomanda estimates the enterprise value of MY HEAD IS SPINNING LTD at £34.3k based on Net Assets of £54.5k and 0.63x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
My Head Is Spinning Ltd Overview
My Head Is Spinning Ltd is a live company located in bedfordshire, SG18 8SP with a Companies House number of 09212861. It operates in the artistic creation sector, SIC Code 90030. Founded in September 2014, it's largest shareholder is colin norman morrison with a 60% stake. My Head Is Spinning Ltd is a established, micro sized company, Pomanda has estimated its turnover at £133.1k with healthy growth in recent years.
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My Head Is Spinning Ltd Health Check
Pomanda's financial health check has awarded My Head Is Spinning Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £133.1k, make it smaller than the average company (£295.3k)
- My Head Is Spinning Ltd
£295.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6%)
- My Head Is Spinning Ltd
6% - Industry AVG
Production
with a gross margin of 23.8%, this company has a higher cost of product (48.8%)
- My Head Is Spinning Ltd
48.8% - Industry AVG
Profitability
an operating margin of 19.2% make it more profitable than the average company (7.1%)
- My Head Is Spinning Ltd
7.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - My Head Is Spinning Ltd
5 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
- My Head Is Spinning Ltd
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £133.1k, this is more efficient (£76.1k)
- My Head Is Spinning Ltd
£76.1k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (16 days)
- My Head Is Spinning Ltd
16 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (26 days)
- My Head Is Spinning Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- My Head Is Spinning Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - My Head Is Spinning Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.6%, this is a higher level of debt than the average (32%)
36.6% - My Head Is Spinning Ltd
32% - Industry AVG
MY HEAD IS SPINNING LTD financials
My Head Is Spinning Ltd's latest turnover from October 2023 is estimated at £133.1 thousand and the company has net assets of £54.5 thousand. According to their latest financial statements, My Head Is Spinning Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 305,329 | 97,581 | 12,848 | ||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | |||||||
| Pre-Tax Profit | 49,929 | 8,131 | -3,263 | ||||||
| Tax | -6,733 | 0 | 0 | ||||||
| Profit After Tax | 43,196 | 8,131 | -3,263 | ||||||
| Dividends Paid | 0 | 0 | 0 | ||||||
| Retained Profit | 43,196 | 8,131 | -3,263 | ||||||
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,009 | 1,154 | 1,540 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 5,009 | 1,154 | 1,540 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 33,240 | 43,321 | 68,809 | 0 | 137 | 658 | 61 | 41 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 47,654 | 1,100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 125 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 80,894 | 44,421 | 68,809 | 0 | 137 | 658 | 61 | 41 | 125 |
| total assets | 85,903 | 45,575 | 70,349 | 0 | 137 | 658 | 61 | 41 | 125 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,401 | 10,303 | 8,891 | 1,092 | 0 | 15,204 | 11,343 | 8,972 | 7,467 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 20,401 | 10,303 | 8,891 | 1,092 | 0 | 15,204 | 11,343 | 8,972 | 7,467 |
| 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 | 11,049 | 0 | 33,854 | 14,500 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 23,860 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 11,049 | 0 | 33,854 | 14,500 | 23,860 | 0 | 0 | 0 | 0 |
| total liabilities | 31,450 | 10,303 | 42,745 | 15,592 | 23,860 | 15,204 | 11,343 | 8,972 | 7,467 |
| net assets | 54,453 | 35,272 | 27,604 | -15,592 | -23,723 | -14,546 | -11,282 | -8,931 | -7,342 |
| total shareholders funds | 54,453 | 35,272 | 27,604 | -15,592 | -23,723 | -14,546 | -11,282 | -8,931 | -7,342 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 325 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -6,733 | 0 | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 36,473 | -24,388 | 68,809 | -137 | -521 | 597 | 20 | 41 | 0 |
| Creditors | 10,098 | 1,412 | 7,799 | 1,092 | -15,204 | 3,861 | 2,371 | 1,505 | 7,467 |
| Accruals and Deferred Income | 11,049 | -33,854 | 19,354 | 14,500 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | -23,860 | 23,860 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | |||||||
| cash flow from financing | 0 | -23,860 | |||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -125 | 125 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -125 | 125 |
my head is spinning ltd Credit Report and Business Information
My Head Is Spinning Ltd Competitor Analysis
Perform a competitor analysis for my head is spinning ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in SG18 area or any other competitors across 12 key performance metrics.
my head is spinning ltd Ownership
MY HEAD IS SPINNING LTD group structure
My Head Is Spinning Ltd has no subsidiary companies.
Ultimate parent company
MY HEAD IS SPINNING LTD
09212861
my head is spinning ltd directors
My Head Is Spinning Ltd currently has 3 directors. The longest serving directors include Mr Colin Morrison (Sep 2014) and Mrs Julie Morrison (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Morrison | England | 59 years | Sep 2014 | - | Director |
| Mrs Julie Morrison | England | 59 years | Sep 2014 | - | Director |
| Mr Gordon Chapman-Fox | 49 years | Aug 2023 | - | Director |
P&L
October 2023turnover
133.1k
-2%
operating profit
25.6k
0%
gross margin
23.8%
+6.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
54.5k
+0.54%
total assets
85.9k
+0.88%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
my head is spinning ltd company details
company number
09212861
Type
Private limited with Share Capital
industry
90030 - Artistic creation
incorporation date
September 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
21 foxglove drive, biggleswade, bedfordshire, SG18 8SP
accountant
-
auditor
-
my head is spinning 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 my head is spinning ltd.
my head is spinning ltd Companies House Filings - See Documents
| date | description | view/download |
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