uk sofa wholesale ltd Company Information
Company Number
09654946
Website
-Registered Address
1 castle street, worcester, WR1 3AA
Industry
Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
Wholesale of furniture, carpets and lighting equipment
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Directors
Muhammad Khan8 Years
Shareholders
muhammad rizwan anwar khan 100%
uk sofa wholesale ltd Estimated Valuation
Pomanda estimates the enterprise value of UK SOFA WHOLESALE LTD at £599.8k based on a Turnover of £2.1m and 0.29x industry multiple (adjusted for size and gross margin).
uk sofa wholesale ltd Estimated Valuation
Pomanda estimates the enterprise value of UK SOFA WHOLESALE LTD at £231.7k based on an EBITDA of £67.2k and a 3.45x industry multiple (adjusted for size and gross margin).
uk sofa wholesale ltd Estimated Valuation
Pomanda estimates the enterprise value of UK SOFA WHOLESALE LTD at £107.5k based on Net Assets of £49.9k and 2.16x industry multiple (adjusted for liquidity).
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Uk Sofa Wholesale Ltd Overview
Uk Sofa Wholesale Ltd is a dissolved company that was located in worcester, WR1 3AA with a Companies House number of 09654946. It operated in the wholesale of furniture, carpets and lighting equipment sector, SIC Code 46470. Founded in June 2015, it's largest shareholder was muhammad rizwan anwar khan with a 100% stake. The last turnover for Uk Sofa Wholesale Ltd was estimated at £2.1m.
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Uk Sofa Wholesale Ltd Health Check
Pomanda's financial health check has awarded Uk Sofa Wholesale Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
8 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£4.8m)
- Uk Sofa Wholesale Ltd
£4.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Uk Sofa Wholesale Ltd
- - Industry AVG
Production
with a gross margin of 27.2%, this company has a higher cost of product (34.5%)
- Uk Sofa Wholesale Ltd
34.5% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (4.2%)
- Uk Sofa Wholesale Ltd
4.2% - Industry AVG
Employees
with 8 employees, this is below the industry average (51)
- Uk Sofa Wholesale Ltd
51 - Industry AVG
Pay Structure
on an average salary of £27.6k, the company has an equivalent pay structure (£27.6k)
- Uk Sofa Wholesale Ltd
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £263k, this is more efficient (£182.6k)
- Uk Sofa Wholesale Ltd
£182.6k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (25 days)
- Uk Sofa Wholesale Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 161 days, this is slower than average (33 days)
- Uk Sofa Wholesale Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 107 days, this is more than average (78 days)
- Uk Sofa Wholesale Ltd
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Uk Sofa Wholesale Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.3%, this is a higher level of debt than the average (66.2%)
94.3% - Uk Sofa Wholesale Ltd
66.2% - Industry AVG
UK SOFA WHOLESALE LTD financials
Uk Sofa Wholesale Ltd's latest turnover from May 2016 is estimated at £2.1 million and the company has net assets of £49.9 thousand. According to their latest financial statements, we estimate that Uk Sofa Wholesale Ltd has 8 employees and maintains cash reserves of £7.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 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 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2016 | |
---|---|
Tangible Assets | 45,000 |
Intangible Assets | 25,000 |
Investments & Other | 0 |
Debtors (Due After 1 year) | 0 |
Total Fixed Assets | 70,000 |
Stock & work in progress | 450,567 |
Trade Debtors | 345,900 |
Group Debtors | 0 |
Misc Debtors | 0 |
Cash | 7,896 |
misc current assets | 4,667 |
total current assets | 809,030 |
total assets | 879,030 |
Bank overdraft | 0 |
Bank loan | 0 |
Trade Creditors | 675,666 |
Group/Directors Accounts | 0 |
other short term finances | 0 |
hp & lease commitments | 0 |
other current liabilities | 0 |
total current liabilities | 675,666 |
loans | 0 |
hp & lease commitments | 0 |
Accruals and Deferred Income | 3,500 |
other liabilities | 150,000 |
provisions | 0 |
total long term liabilities | 153,500 |
total liabilities | 829,166 |
net assets | 49,864 |
total shareholders funds | 49,864 |
May 2016 | |
---|---|
Operating Activities | |
Operating Profit | |
Depreciation | 5,000 |
Amortisation | 0 |
Tax | |
Stock | 450,567 |
Debtors | 345,900 |
Creditors | 675,666 |
Accruals and Deferred Income | 3,500 |
Deferred Taxes & Provisions | 0 |
Cash flow from operations | |
Investing Activities | |
capital expenditure | |
Change in Investments | 0 |
cash flow from investments | |
Financing Activities | |
Bank loans | 0 |
Group/Directors Accounts | 0 |
Other Short Term Loans | 0 |
Long term loans | 0 |
Hire Purchase and Lease Commitments | 0 |
other long term liabilities | 150,000 |
share issue | |
interest | |
cash flow from financing | |
cash and cash equivalents | |
cash | 7,896 |
overdraft | 0 |
change in cash | 7,896 |
uk sofa wholesale ltd Credit Report and Business Information
Uk Sofa Wholesale Ltd Competitor Analysis
Perform a competitor analysis for uk sofa wholesale ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
uk sofa wholesale ltd Ownership
UK SOFA WHOLESALE LTD group structure
Uk Sofa Wholesale Ltd has no subsidiary companies.
Ultimate parent company
UK SOFA WHOLESALE LTD
09654946
uk sofa wholesale ltd directors
Uk Sofa Wholesale Ltd currently has 1 director, Mr Muhammad Khan serving since Jun 2015.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Muhammad Khan | United Kingdom | 40 years | Jun 2015 | - | Director |
P&L
May 2016turnover
2.1m
0%
operating profit
62.2k
0%
gross margin
27.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2016net assets
49.9k
0%
total assets
879k
0%
cash
7.9k
0%
net assets
Total assets minus all liabilities
uk sofa wholesale ltd company details
company number
09654946
Type
Private limited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
46470 - Wholesale of furniture, carpets and lighting equipment
incorporation date
June 2015
age
9
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
incorporated
UK
address
1 castle street, worcester, WR1 3AA
last accounts submitted
May 2016
uk sofa wholesale 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 uk sofa wholesale ltd.
uk sofa wholesale ltd Companies House Filings - See Documents
date | description | view/download |
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