simply sugar ltd

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simply sugar ltd Company Information

Share SIMPLY SUGAR LTD

Company Number

09313510

Directors

Chase Manders

Shareholders

kingdom of sweets limited

Group Structure

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Industry

Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

 

Registered Address

167-169 great portland street, 5th floor, london, W1W 5PF

Website

-

simply sugar ltd Estimated Valuation

£668.2k

Pomanda estimates the enterprise value of SIMPLY SUGAR LTD at £668.2k based on a Turnover of £1.6m and 0.42x industry multiple (adjusted for size and gross margin).

simply sugar ltd Estimated Valuation

£619.3k

Pomanda estimates the enterprise value of SIMPLY SUGAR LTD at £619.3k based on an EBITDA of £185.8k and a 3.33x industry multiple (adjusted for size and gross margin).

simply sugar ltd Estimated Valuation

£788k

Pomanda estimates the enterprise value of SIMPLY SUGAR LTD at £788k based on Net Assets of £256.8k and 3.07x industry multiple (adjusted for liquidity).

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Simply Sugar Ltd Overview

Simply Sugar Ltd is a live company located in london, W1W 5PF with a Companies House number of 09313510. It operates in the retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores sector, SIC Code 47240. Founded in November 2014, it's largest shareholder is kingdom of sweets limited with a 100% stake. Simply Sugar Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.6m with rapid growth in recent years.

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Simply Sugar Ltd Health Check

Pomanda's financial health check has awarded Simply Sugar Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £1.6m, make it larger than the average company (£435.9k)

£1.6m - Simply Sugar Ltd

£435.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (3.2%)

53% - Simply Sugar Ltd

3.2% - Industry AVG

production

Production

with a gross margin of 24.6%, this company has a higher cost of product (49.8%)

24.6% - Simply Sugar Ltd

49.8% - Industry AVG

profitability

Profitability

an operating margin of 11.6% make it more profitable than the average company (3.4%)

11.6% - Simply Sugar Ltd

3.4% - Industry AVG

employees

Employees

with 55 employees, this is above the industry average (18)

55 - Simply Sugar Ltd

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £15.2k, the company has an equivalent pay structure (£15.2k)

£15.2k - Simply Sugar Ltd

£15.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £29.1k, this is less efficient (£58.6k)

£29.1k - Simply Sugar Ltd

£58.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 77 days, this is later than average (43 days)

77 days - Simply Sugar Ltd

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 229 days, this is slower than average (54 days)

229 days - Simply Sugar Ltd

54 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Simply Sugar Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Simply Sugar Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76%, this is a similar level of debt than the average (84.3%)

76% - Simply Sugar Ltd

84.3% - Industry AVG

SIMPLY SUGAR LTD financials

EXPORTms excel logo

Simply Sugar Ltd's latest turnover from December 2021 is estimated at £1.6 million and the company has net assets of £256.8 thousand. According to their latest financial statements, Simply Sugar Ltd has 55 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2021Dec 2020Dec 2019Nov 2018Nov 2017Nov 2016Nov 2015
Turnover1,600,5591,408,426625,784447,043305,019143,657125,169
Other Income Or Grants
Cost Of Sales1,206,6611,093,939495,842349,085236,803106,79696,282
Gross Profit393,899314,487129,94297,95968,21736,86128,888
Admin Expenses208,098297,055168,30860,644-32,769-29,29113,175
Operating Profit185,80117,432-38,36637,315100,98666,15215,713
Interest Payable1,2195,98513,99123,46113,896
Interest Receivable72946405493319
Pre-Tax Profit185,80116,285-43,40523,72877,57452,29015,733
Tax-35,302-3,094-4,508-14,739-10,458-3,146
Profit After Tax150,49913,191-43,40519,22062,83541,83212,586
Dividends Paid
Retained Profit150,49913,191-43,40519,22062,83541,83212,586
Employee Costs838,046115,330591,22776,50941,86225,13030,156
Number Of Employees556305322
EBITDA*185,80117,432-38,36653,084108,83174,07615,713

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2021Dec 2020Dec 2019Nov 2018Nov 2017Nov 2016Nov 2015
Tangible Assets723,221779,331790,279776,650776,650784,495302,746
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets723,221779,331790,279776,650776,650784,495302,746
Stock & work in progress48,00050,00048,50033,00022,074
Trade Debtors337,769426,1362,7001,8741,8741,0831,083
Group Debtors
Misc Debtors9,2007,50038,95023,282
Cash144,760107,50350219,0307,626
misc current assets
total current assets346,969433,636234,410182,65950,87653,11330,783
total assets1,070,1901,212,9671,024,689959,309827,526837,608333,529
Bank overdraft39,98337,731
Bank loan
Trade Creditors 760,182679,203234,848318,901189,79165,63268,779
Group/Directors Accounts288,34845,543
other short term finances
hp & lease commitments
other current liabilities164,89721,44917,99120,734
total current liabilities760,182679,203728,076423,624207,78286,36668,779
loans99,618277,206444,660
hp & lease commitments
Accruals and Deferred Income3,2503,250
other liabilities50,000424,255203,544299,593225,284252,163252,163
provisions
total long term liabilities53,250427,505203,544399,211502,490696,823252,163
total liabilities813,4321,106,708931,620822,835710,272783,189320,942
net assets256,758106,25993,069136,474117,25454,41912,587
total shareholders funds256,758106,25993,069136,474117,25454,41912,587
Dec 2021Dec 2020Dec 2019Nov 2018Nov 2017Nov 2016Nov 2015
Operating Activities
Operating Profit185,80117,432-38,36637,315100,98666,15215,713
Depreciation15,7697,8457,924
Amortisation
Tax-35,302-3,094-4,508-14,739-10,458-3,146
Stock-48,000-2,0001,50015,50010,92622,074
Debtors-86,667391,98616,49423,2827911,083
Creditors80,979444,355-84,053129,110124,159-3,14768,779
Accruals and Deferred Income-161,647143,4483,458-2,74320,734
Deferred Taxes & Provisions
Cash flow from operations318,145-46,9406,535156,362199,21770,27958,189
Investing Activities
capital expenditure56,11010,948-13,629-15,769-489,673-302,746
Change in Investments
cash flow from investments56,11010,948-13,629-15,769-489,673-302,746
Financing Activities
Bank loans
Group/Directors Accounts-288,348242,80545,543
Other Short Term Loans
Long term loans-99,618-177,588-167,454444,660
Hire Purchase and Lease Commitments
other long term liabilities-374,255220,711-96,04974,309-26,879252,163
share issue-11
interest-1,147-5,039-13,586-23,412-13,86319
cash flow from financing-374,255-68,78542,099-71,322-217,745430,797252,183
cash and cash equivalents
cash-144,76037,257107,001-18,52811,4047,626
overdraft-39,9832,25237,731
change in cash-104,77735,00569,270-18,52811,4047,626

simply sugar ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Simply Sugar Ltd Competitor Analysis

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Perform a competitor analysis for simply sugar 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 W1W area or any other competitors across 12 key performance metrics.

simply sugar ltd Ownership

SIMPLY SUGAR LTD group structure

Simply Sugar Ltd has no subsidiary companies.

Ultimate parent company

1 parent

SIMPLY SUGAR LTD

09313510

SIMPLY SUGAR LTD Shareholders

kingdom of sweets limited 100%

simply sugar ltd directors

Simply Sugar Ltd currently has 1 director, Mr Chase Manders serving since Nov 2014.

officercountryagestartendrole
Mr Chase MandersEngland43 years Nov 2014- Director

P&L

December 2021

turnover

1.6m

+14%

operating profit

185.8k

0%

gross margin

24.7%

+10.22%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2021

net assets

256.8k

+1.42%

total assets

1.1m

-0.12%

cash

0

0%

net assets

Total assets minus all liabilities

simply sugar ltd company details

company number

09313510

Type

Private limited with Share Capital

industry

47240 - Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

incorporation date

November 2014

age

11

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

December 2021

previous names

N/A

accountant

-

auditor

-

address

167-169 great portland street, 5th floor, london, W1W 5PF

Bank

-

Legal Advisor

-

simply sugar 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 simply sugar ltd.

simply sugar 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.

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simply sugar ltd Companies House Filings - See Documents

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