simply sugar ltd Company Information
Company Number
09313510
Next Accounts
535 days late
Directors
Shareholders
kingdom of sweets limited
Group Structure
View All
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
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
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
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


5 Strong

2 Regular

3 Weak

Size
annual sales of £1.6m, make it larger than the average company (£435.9k)
- Simply Sugar Ltd
£435.9k - Industry AVG

Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (3.2%)
- Simply Sugar Ltd
3.2% - Industry AVG

Production
with a gross margin of 24.6%, this company has a higher cost of product (49.8%)
- Simply Sugar Ltd
49.8% - Industry AVG

Profitability
an operating margin of 11.6% make it more profitable than the average company (3.4%)
- Simply Sugar Ltd
3.4% - Industry AVG

Employees
with 55 employees, this is above the industry average (18)
55 - Simply Sugar Ltd
18 - Industry AVG

Pay Structure
on an average salary of £15.2k, the company has an equivalent pay structure (£15.2k)
- Simply Sugar Ltd
£15.2k - Industry AVG

Efficiency
resulting in sales per employee of £29.1k, this is less efficient (£58.6k)
- Simply Sugar Ltd
£58.6k - Industry AVG

Debtor Days
it gets paid by customers after 77 days, this is later than average (43 days)
- Simply Sugar Ltd
43 days - Industry AVG

Creditor Days
its suppliers are paid after 229 days, this is slower than average (54 days)
- Simply Sugar Ltd
54 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simply Sugar Ltd
- - Industry AVG

Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Simply Sugar Ltd
- - Industry AVG

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

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 House, Pomanda Estimates
Dec 2021 | Dec 2020 | Dec 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 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 | 55 | 6 | 30 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2021 | Dec 2020 | Dec 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 723,221 | 779,331 | 790,279 | 776,650 | 776,650 | 784,495 | 302,746 |
Intangible Assets | |||||||
Investments & Other | |||||||
Debtors (Due After 1 year) | |||||||
Total Fixed Assets | 723,221 | 779,331 | 790,279 | 776,650 | 776,650 | 784,495 | 302,746 |
Stock & work in progress | 48,000 | 50,000 | 48,500 | 33,000 | 22,074 | ||
Trade Debtors | 337,769 | 426,136 | 2,700 | 1,874 | 1,874 | 1,083 | 1,083 |
Group Debtors | |||||||
Misc Debtors | 9,200 | 7,500 | 38,950 | 23,282 | |||
Cash | 144,760 | 107,503 | 502 | 19,030 | 7,626 | ||
misc current assets | |||||||
total current assets | 346,969 | 433,636 | 234,410 | 182,659 | 50,876 | 53,113 | 30,783 |
total assets | 1,070,190 | 1,212,967 | 1,024,689 | 959,309 | 827,526 | 837,608 | 333,529 |
Bank overdraft | 39,983 | 37,731 | |||||
Bank loan | |||||||
Trade Creditors | 760,182 | 679,203 | 234,848 | 318,901 | 189,791 | 65,632 | 68,779 |
Group/Directors Accounts | 288,348 | 45,543 | |||||
other short term finances | |||||||
hp & lease commitments | |||||||
other current liabilities | 164,897 | 21,449 | 17,991 | 20,734 | |||
total current liabilities | 760,182 | 679,203 | 728,076 | 423,624 | 207,782 | 86,366 | 68,779 |
loans | 99,618 | 277,206 | 444,660 | ||||
hp & lease commitments | |||||||
Accruals and Deferred Income | 3,250 | 3,250 | |||||
other liabilities | 50,000 | 424,255 | 203,544 | 299,593 | 225,284 | 252,163 | 252,163 |
provisions | |||||||
total long term liabilities | 53,250 | 427,505 | 203,544 | 399,211 | 502,490 | 696,823 | 252,163 |
total liabilities | 813,432 | 1,106,708 | 931,620 | 822,835 | 710,272 | 783,189 | 320,942 |
net assets | 256,758 | 106,259 | 93,069 | 136,474 | 117,254 | 54,419 | 12,587 |
total shareholders funds | 256,758 | 106,259 | 93,069 | 136,474 | 117,254 | 54,419 | 12,587 |
Dec 2021 | Dec 2020 | Dec 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 15,769 | 7,845 | 7,924 | ||||
Amortisation | |||||||
Tax | |||||||
Stock | -48,000 | -2,000 | 1,500 | 15,500 | 10,926 | 22,074 | |
Debtors | -86,667 | 391,986 | 16,494 | 23,282 | 791 | 1,083 | |
Creditors | 80,979 | 444,355 | -84,053 | 129,110 | 124,159 | -3,147 | 68,779 |
Accruals and Deferred Income | -161,647 | 143,448 | 3,458 | -2,743 | 20,734 | ||
Deferred Taxes & Provisions | |||||||
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | |||||||
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | |||||||
Group/Directors Accounts | -288,348 | 242,805 | 45,543 | ||||
Other Short Term Loans | |||||||
Long term loans | -99,618 | -177,588 | -167,454 | 444,660 | |||
Hire Purchase and Lease Commitments | |||||||
other long term liabilities | -374,255 | 220,711 | -96,049 | 74,309 | -26,879 | 252,163 | |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | -144,760 | 37,257 | 107,001 | -18,528 | 11,404 | 7,626 | |
overdraft | -39,983 | 2,252 | 37,731 | ||||
change in cash | -104,777 | 35,005 | 69,270 | -18,528 | 11,404 | 7,626 |
simply sugar ltd Credit Report and Business Information
Simply Sugar Ltd Competitor Analysis

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.
simply sugar ltd directors
Simply Sugar Ltd currently has 1 director, Mr Chase Manders serving since Nov 2014.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Chase Manders | England | 43 years | Nov 2014 | - | Director |
P&L
December 2021turnover
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 2021net 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.
Click to start generating capital raising & share issue transactions for SIMPLY SUGAR LTD. This can take several minutes, an email will notify you when this has completed.
simply sugar ltd Companies House Filings - See Documents
date | description | view/download |
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