>8< paintings ltd

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>8< paintings ltd Company Information

Share >8< PAINTINGS LTD

Company Number

09492911

Shareholders

helen caswell

sarah anne caswell

Group Structure

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Industry

Retail sale via stalls and markets of other goods

 +3

Registered Address

unit 5, great walsingham barns, hindringham road, walsingham, NR22 6DR

Website

-

>8< paintings ltd Estimated Valuation

£24.4k

Pomanda estimates the enterprise value of >8< PAINTINGS LTD at £24.4k based on a Turnover of £40.1k and 0.61x industry multiple (adjusted for size and gross margin).

>8< paintings ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of >8< PAINTINGS LTD at £0 based on an EBITDA of £-1.7k and a 4.98x industry multiple (adjusted for size and gross margin).

>8< paintings ltd Estimated Valuation

£28.7k

Pomanda estimates the enterprise value of >8< PAINTINGS LTD at £28.7k based on Net Assets of £14k and 2.05x industry multiple (adjusted for liquidity).

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>8< Paintings Ltd Overview

>8< Paintings Ltd is a live company located in walsingham, NR22 6DR with a Companies House number of 09492911. It operates in the artistic creation sector, SIC Code 90030. Founded in March 2015, it's largest shareholder is helen caswell with a 50% stake. >8< Paintings Ltd is a established, micro sized company, Pomanda has estimated its turnover at £40.1k with rapid growth in recent years.

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>8< Paintings Ltd Health Check

Pomanda's financial health check has awarded >8< Paintings Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £40.1k, make it smaller than the average company (£1.4m)

£40.1k - >8< Paintings Ltd

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (8.4%)

33% - >8< Paintings Ltd

8.4% - Industry AVG

production

Production

with a gross margin of 44%, this company has a comparable cost of product (44%)

44% - >8< Paintings Ltd

44% - Industry AVG

profitability

Profitability

an operating margin of -4.5% make it less profitable than the average company (3.5%)

-4.5% - >8< Paintings Ltd

3.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - >8< Paintings Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)

£36.2k - >8< Paintings Ltd

£36.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40.1k, this is less efficient (£287.3k)

£40.1k - >8< Paintings Ltd

£287.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - >8< Paintings Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - >8< Paintings Ltd

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 237 days, this is more than average (78 days)

237 days - >8< Paintings Ltd

78 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is average cash available to meet short term requirements (43 weeks)

38 weeks - >8< Paintings Ltd

43 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.2%, this is a lower level of debt than the average (61.2%)

20.2% - >8< Paintings Ltd

61.2% - Industry AVG

>8< PAINTINGS LTD financials

EXPORTms excel logo

>8< Paintings Ltd's latest turnover from March 2024 is estimated at £40.1 thousand and the company has net assets of £14 thousand. According to their latest financial statements, we estimate that >8< Paintings Ltd has 1 employee and maintains cash reserves of £2.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover40,07228,2616,63617,22523,51510,41716,816284,61514,008
Other Income Or Grants000000000
Cost Of Sales22,44215,9713,6589,82813,1925,6179,129156,7567,835
Gross Profit17,63012,2902,9787,39710,3234,8007,687127,8586,173
Admin Expenses19,44015,831-9,0418,4436,3567,5083,298124,8371,420
Operating Profit-1,810-3,54112,019-1,0463,967-2,7084,3893,0214,753
Interest Payable000000000
Interest Receivable14622938327421
Pre-Tax Profit-1,664-3,31212,057-1,0443,969-2,7014,3943,0234,754
Tax00-2,2910-7540-835-604-951
Profit After Tax-1,664-3,3129,766-1,0443,215-2,7013,5592,4183,803
Dividends Paid000000000
Retained Profit-1,664-3,3129,766-1,0443,215-2,7013,5592,4183,803
Employee Costs36,23733,68232,71731,14028,22734,80634,33833,62934,878
Number Of Employees111111111
EBITDA*-1,740-3,45312,129-1,0463,967-2,7084,3893,0214,753

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets282352440000000
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets282352440000000
Stock & work in progress14,61314,27914,6118,8629,9799,58610,1387,7806,456
Trade Debtors00408005761,35800
Group Debtors000000000
Misc Debtors1035141071062712521,35800
Cash2,5942,9547,8152,2972,693879978786480
misc current assets000000000
total current assets17,31017,74722,94111,26512,94311,29312,4748,5666,936
total assets17,59218,09923,38111,26512,94311,29312,4748,5666,936
Bank overdraft000000000
Bank loan000000000
Trade Creditors 00000067700
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities3,4962,3264,2792,0132,6474,2122,0152,3433,131
total current liabilities3,4962,3264,2792,0132,6474,2122,6922,3433,131
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities000000000
provisions546784000000
total long term liabilities546784000000
total liabilities3,5502,3934,3632,0132,6474,2122,6922,3433,131
net assets14,04215,70619,0189,25210,2967,0819,7826,2233,805
total shareholders funds14,04215,70619,0189,25210,2967,0819,7826,2233,805
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit-1,810-3,54112,019-1,0463,967-2,7084,3893,0214,753
Depreciation7088110000000
Amortisation000000000
Tax00-2,2910-7540-835-604-951
Stock334-3325,749-1,117393-5522,3581,3246,456
Debtors-411-1409-165-557-5301,35800
Creditors00000-67767700
Accruals and Deferred Income1,170-1,9532,266-634-1,5652,197-328-7883,131
Deferred Taxes & Provisions-13-1784000000
Cash flow from operations-506-5,0906,030-3981,812-106187305477
Investing Activities
capital expenditure00-550000000
Change in Investments000000000
cash flow from investments00-550000000
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue000000002
interest14622938327421
cash flow from financing14622938327423
cash and cash equivalents
cash-360-4,8615,518-3961,814-99192306480
overdraft000000000
change in cash-360-4,8615,518-3961,814-99192306480

>8< paintings ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for >8< paintings ltd. Get real-time insights into >8< paintings ltd's credit score, group structure and payment trends.

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>8< Paintings Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for >8< paintings ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in NR22 area or any other competitors across 12 key performance metrics.

>8< paintings ltd Ownership

>8< PAINTINGS LTD group structure

>8< Paintings Ltd has no subsidiary companies.

Ultimate parent company

>8< PAINTINGS LTD

09492911

>8< PAINTINGS LTD Shareholders

helen caswell 50%
sarah anne caswell 50%

>8< paintings ltd directors

>8< Paintings Ltd currently has 2 directors. The longest serving directors include Ms Sarah Caswell (Mar 2015) and Dr Helen Caswell (Nov 2021).

officercountryagestartendrole
Ms Sarah CaswellEngland58 years Mar 2015- Director
Dr Helen CaswellEngland63 years Nov 2021- Director

P&L

March 2024

turnover

40.1k

+42%

operating profit

-1.8k

0%

gross margin

44%

+1.17%

turnover

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

Balance Sheet

March 2024

net assets

14k

-0.11%

total assets

17.6k

-0.03%

cash

2.6k

-0.12%

net assets

Total assets minus all liabilities

>8< paintings ltd company details

company number

09492911

Type

Private limited with Share Capital

industry

47890 - Retail sale via stalls and markets of other goods

47910 - Retail sale via mail order houses or via Internet

47781 - Retail sale in commercial art galleries

incorporation date

March 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

STEVE PYE & CO

auditor

-

address

unit 5, great walsingham barns, hindringham road, walsingham, NR22 6DR

Bank

-

Legal Advisor

-

>8< paintings 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 >8< paintings ltd.

>8< paintings 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 >8< PAINTINGS LTD. This can take several minutes, an email will notify you when this has completed.

>8< paintings ltd Companies House Filings - See Documents

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