growing fingers limited
growing fingers limited Company Information
Company Number
09466763
Website
-Registered Address
units 1 and 2 boston road, sleaford, lincolnshire, NG34 7HD
Industry
Other education n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
jasvinder randhawa 45.7%
puma vct 11 plc 29.2%
View Allgrowing fingers limited Estimated Valuation
Pomanda estimates the enterprise value of GROWING FINGERS LIMITED at £652.9k based on a Turnover of £845.6k and 0.77x industry multiple (adjusted for size and gross margin).
growing fingers limited Estimated Valuation
Pomanda estimates the enterprise value of GROWING FINGERS LIMITED at £0 based on an EBITDA of £-661.2k and a 4.64x industry multiple (adjusted for size and gross margin).
growing fingers limited Estimated Valuation
Pomanda estimates the enterprise value of GROWING FINGERS LIMITED at £0 based on Net Assets of £-2m and 2.22x industry multiple (adjusted for liquidity).
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Growing Fingers Limited Overview
Growing Fingers Limited is a live company located in lincolnshire, NG34 7HD with a Companies House number of 09466763. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in March 2015, it's largest shareholder is jasvinder randhawa with a 45.7% stake. Growing Fingers Limited is a young, small sized company, Pomanda has estimated its turnover at £845.6k with rapid growth in recent years.
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Growing Fingers Limited Health Check
Pomanda's financial health check has awarded Growing Fingers Limited a 2.5 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
2 Regular
5 Weak
Size
annual sales of £845.6k, make it larger than the average company (£457.4k)
- Growing Fingers Limited
£457.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 105%, show it is growing at a faster rate (3.9%)
- Growing Fingers Limited
3.9% - Industry AVG
Production
with a gross margin of 57%, this company has a comparable cost of product (57%)
- Growing Fingers Limited
57% - Industry AVG
Profitability
an operating margin of -89% make it less profitable than the average company (5.9%)
- Growing Fingers Limited
5.9% - Industry AVG
Employees
with 28 employees, this is above the industry average (13)
28 - Growing Fingers Limited
13 - Industry AVG
Pay Structure
on an average salary of £27.3k, the company has an equivalent pay structure (£27.3k)
- Growing Fingers Limited
£27.3k - Industry AVG
Efficiency
resulting in sales per employee of £30.2k, this is less efficient (£49k)
- Growing Fingers Limited
£49k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (18 days)
- Growing Fingers Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (24 days)
- Growing Fingers Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Growing Fingers Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (133 weeks)
8 weeks - Growing Fingers Limited
133 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 158.2%, this is a higher level of debt than the average (21.7%)
158.2% - Growing Fingers Limited
21.7% - Industry AVG
GROWING FINGERS LIMITED financials
Growing Fingers Limited's latest turnover from March 2023 is estimated at £845.6 thousand and the company has net assets of -£2 million. According to their latest financial statements, Growing Fingers Limited has 28 employees and maintains cash reserves of £106.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 28 | 18 | 12 | 3 | 2 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,250,556 | 3,237,683 | 3,306,823 | 1,820,974 | 933,083 | 863,919 | 743,122 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,250,556 | 3,237,683 | 3,306,823 | 1,820,974 | 933,083 | 863,919 | 743,122 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 16,578 | 8,191 | 4,948 | 2,814 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 18,515 | 77,537 | 7,177 | 1,416 | 0 | 0 | 0 | 0 |
| Cash | 106,217 | 103,521 | 282,372 | 1,223,859 | 2,120,944 | 2,197,116 | 2,358,450 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 141,310 | 189,249 | 294,497 | 1,228,089 | 2,120,944 | 2,197,116 | 2,358,450 | 100 |
| total assets | 3,391,866 | 3,426,932 | 3,601,320 | 3,049,063 | 3,054,027 | 3,061,035 | 3,101,572 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,951 | 77,591 | 830 | 6,655 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 530,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 71,259 | 418,247 | 397,603 | 4,436 | 2,528 | 0 | 20,000 | 0 |
| total current liabilities | 622,210 | 495,838 | 398,433 | 11,091 | 2,528 | 0 | 20,000 | 0 |
| loans | 4,742,610 | 3,695,985 | 2,856,842 | 1,962,636 | 1,492,314 | 1,125,466 | 848,996 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,742,610 | 3,695,985 | 2,856,842 | 1,962,636 | 1,492,314 | 1,125,466 | 848,996 | 0 |
| total liabilities | 5,364,820 | 4,191,823 | 3,255,275 | 1,973,727 | 1,494,842 | 1,125,466 | 868,996 | 0 |
| net assets | -1,972,954 | -764,891 | 346,045 | 1,075,336 | 1,559,185 | 1,935,569 | 2,232,576 | 100 |
| total shareholders funds | -1,972,954 | -764,891 | 346,045 | 1,075,336 | 1,559,185 | 1,935,569 | 2,232,576 | 100 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 91,681 | 100,573 | 13,996 | 307 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -50,635 | 73,603 | 7,895 | 4,230 | 0 | 0 | 0 | 0 |
| Creditors | -56,640 | 76,761 | -5,825 | 6,655 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -346,988 | 20,644 | 393,167 | 1,908 | 2,528 | -20,000 | 20,000 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 530,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,046,625 | 839,143 | 894,206 | 470,322 | 366,848 | 276,470 | 848,996 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 2,696 | -178,851 | -941,487 | -897,085 | -76,172 | -161,334 | 2,358,350 | 100 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,696 | -178,851 | -941,487 | -897,085 | -76,172 | -161,334 | 2,358,350 | 100 |
growing fingers limited Credit Report and Business Information
Growing Fingers Limited Competitor Analysis
Perform a competitor analysis for growing fingers limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in NG34 area or any other competitors across 12 key performance metrics.
growing fingers limited Ownership
GROWING FINGERS LIMITED group structure
Growing Fingers Limited has no subsidiary companies.
Ultimate parent company
GROWING FINGERS LIMITED
09466763
growing fingers limited directors
Growing Fingers Limited currently has 2 directors. The longest serving directors include Mr Jasvinder Randhawa (Mar 2015) and Ms Anita Wilden (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jasvinder Randhawa | England | 44 years | Mar 2015 | - | Director |
| Ms Anita Wilden | England | 54 years | Jan 2023 | - | Director |
P&L
March 2023turnover
845.6k
+47%
operating profit
-752.9k
0%
gross margin
57%
+2.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-2m
+1.58%
total assets
3.4m
-0.01%
cash
106.2k
+0.03%
net assets
Total assets minus all liabilities
growing fingers limited company details
company number
09466763
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
RPG CROUCH CHAPMAN LLP
auditor
-
address
units 1 and 2 boston road, sleaford, lincolnshire, NG34 7HD
Bank
-
Legal Advisor
-
growing fingers 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 found 4 charges/mortgages relating to growing fingers limited. Currently there are 3 open charges and 1 have been satisfied in the past.
growing fingers limited Companies House Filings - See Documents
| date | description | view/download |
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