ancient greek sandals ltd
ancient greek sandals ltd Company Information
Company Number
09671831
Next Accounts
May 2025
Industry
Retail sale of footwear in specialised stores
Shareholders
nicholas panayis minoglou
christina martini
View AllGroup Structure
View All
Contact
Registered Address
francis house 2 park road, barnet, herts, EN5 5RN
ancient greek sandals ltd Estimated Valuation
Pomanda estimates the enterprise value of ANCIENT GREEK SANDALS LTD at £929.2k based on a Turnover of £2.1m and 0.44x industry multiple (adjusted for size and gross margin).
ancient greek sandals ltd Estimated Valuation
Pomanda estimates the enterprise value of ANCIENT GREEK SANDALS LTD at £0 based on an EBITDA of £-1.6m and a 3.91x industry multiple (adjusted for size and gross margin).
ancient greek sandals ltd Estimated Valuation
Pomanda estimates the enterprise value of ANCIENT GREEK SANDALS LTD at £4.3m based on Net Assets of £1.7m and 2.57x industry multiple (adjusted for liquidity).
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Ancient Greek Sandals Ltd Overview
Ancient Greek Sandals Ltd is a live company located in herts, EN5 5RN with a Companies House number of 09671831. It operates in the retail sale of footwear in specialised stores sector, SIC Code 47721. Founded in July 2015, it's largest shareholder is nicholas panayis minoglou with a 45% stake. Ancient Greek Sandals Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.1m with declining growth in recent years.
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Ancient Greek Sandals Ltd Health Check
Pomanda's financial health check has awarded Ancient Greek Sandals Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£12.4m)
- Ancient Greek Sandals Ltd
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (2.9%)
- Ancient Greek Sandals Ltd
2.9% - Industry AVG
Production
with a gross margin of 45.4%, this company has a comparable cost of product (45.4%)
- Ancient Greek Sandals Ltd
45.4% - Industry AVG
Profitability
an operating margin of -76.2% make it less profitable than the average company (3.7%)
- Ancient Greek Sandals Ltd
3.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (103)
3 - Ancient Greek Sandals Ltd
103 - Industry AVG
Pay Structure
on an average salary of £23.5k, the company has an equivalent pay structure (£23.5k)
- Ancient Greek Sandals Ltd
£23.5k - Industry AVG
Efficiency
resulting in sales per employee of £703.3k, this is more efficient (£148.6k)
- Ancient Greek Sandals Ltd
£148.6k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is later than average (14 days)
- Ancient Greek Sandals Ltd
14 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ancient Greek Sandals Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ancient Greek Sandals Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (12 weeks)
35 weeks - Ancient Greek Sandals Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.6%, this is a lower level of debt than the average (77.2%)
35.6% - Ancient Greek Sandals Ltd
77.2% - Industry AVG
ANCIENT GREEK SANDALS LTD financials
Ancient Greek Sandals Ltd's latest turnover from August 2023 is estimated at £2.1 million and the company has net assets of £1.7 million. According to their latest financial statements, Ancient Greek Sandals Ltd has 3 employees and maintains cash reserves of £629.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 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 | 3 | 7 | 7 | 6 | 7 | 7 | 7 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,125 | 78,869 | 73,353 | 60,090 | 66,549 | 33,710 | 29,472 | 29,377 |
| Intangible Assets | 0 | 3,947 | 394 | 2,377 | 6,336 | 12,928 | 21,444 | 24,896 |
| Investments & Other | 1,763,818 | 351,624 | 351,624 | 351,624 | 351,624 | 135,846 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,764,943 | 434,440 | 425,371 | 414,091 | 424,509 | 182,484 | 50,916 | 54,273 |
| Stock & work in progress | 0 | 10,996 | 65,030 | 44,251 | 30,952 | 28,938 | 282,260 | 369,586 |
| Trade Debtors | 174,238 | 1,556,850 | 1,054,007 | 987,214 | 771,290 | 541,871 | 332,951 | 760,841 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 29,919 | 97,945 | 159,494 | 467,897 | 939,872 | 712,474 | 665,298 | 113,809 |
| Cash | 629,371 | 2,190,360 | 2,272,163 | 2,170,450 | 1,613,208 | 1,663,788 | 1,116,963 | 1,071,474 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 833,528 | 3,856,151 | 3,550,694 | 3,669,812 | 3,355,322 | 2,947,071 | 2,397,472 | 2,315,710 |
| total assets | 2,598,471 | 4,290,591 | 3,976,065 | 4,083,903 | 3,779,831 | 3,129,555 | 2,448,388 | 2,369,983 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 26,953 | 39,255 | 109,059 | 90,534 | 193,874 | 37,716 | 345,242 |
| Group/Directors Accounts | 191,375 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 734,515 | 1,057,470 | 834,276 | 1,115,275 | 1,178,663 | 896,123 | 621,809 | 529,824 |
| total current liabilities | 925,890 | 1,084,423 | 873,531 | 1,224,334 | 1,269,197 | 1,089,997 | 659,525 | 875,066 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 925,890 | 1,084,423 | 873,531 | 1,224,334 | 1,269,197 | 1,089,997 | 659,525 | 875,066 |
| net assets | 1,672,581 | 3,206,168 | 3,102,534 | 2,859,569 | 2,510,634 | 2,039,558 | 1,788,863 | 1,494,917 |
| total shareholders funds | 1,672,581 | 3,206,168 | 3,102,534 | 2,859,569 | 2,510,634 | 2,039,558 | 1,788,863 | 1,494,917 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 12,242 | 13,031 | 12,212 | 12,568 | 7,457 | 10,467 | 33 |
| Amortisation | 0 | 48 | 1,873 | 3,924 | 6,754 | 7,903 | 13,633 | 0 |
| Tax | ||||||||
| Stock | -10,996 | -54,034 | 20,779 | 13,299 | 2,014 | -253,322 | -87,326 | 369,586 |
| Debtors | -1,450,638 | 441,294 | -241,610 | -256,051 | 456,817 | 256,096 | 123,599 | 874,650 |
| Creditors | -26,953 | -12,302 | -69,804 | 18,525 | -103,340 | 156,158 | -307,526 | 345,242 |
| Accruals and Deferred Income | -322,955 | 223,194 | -280,999 | -63,388 | 282,540 | 274,314 | 91,985 | 529,824 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 1,412,194 | 0 | 0 | 0 | 215,778 | 135,846 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 191,375 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -1,560,989 | -81,803 | 101,713 | 557,242 | -50,580 | 546,825 | 45,489 | 1,071,474 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,560,989 | -81,803 | 101,713 | 557,242 | -50,580 | 546,825 | 45,489 | 1,071,474 |
ancient greek sandals ltd Credit Report and Business Information
Ancient Greek Sandals Ltd Competitor Analysis
Perform a competitor analysis for ancient greek sandals 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 EN5 area or any other competitors across 12 key performance metrics.
ancient greek sandals ltd Ownership
ANCIENT GREEK SANDALS LTD group structure
Ancient Greek Sandals Ltd has no subsidiary companies.
Ultimate parent company
ANCIENT GREEK SANDALS LTD
09671831
ancient greek sandals ltd directors
Ancient Greek Sandals Ltd currently has 3 directors. The longest serving directors include Mr Nicholas Minoglou (Jul 2015) and Mr John Vaghenas (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Minoglou | United Kingdom | 45 years | Jul 2015 | - | Director |
| Mr John Vaghenas | United Kingdom | 58 years | Jul 2015 | - | Director |
| Mrs Christina Martini | United Kingdom | 47 years | Jul 2015 | - | Director |
P&L
August 2023turnover
2.1m
-83%
operating profit
-1.6m
0%
gross margin
45.4%
+2.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
1.7m
-0.48%
total assets
2.6m
-0.39%
cash
629.4k
-0.71%
net assets
Total assets minus all liabilities
ancient greek sandals ltd company details
company number
09671831
Type
Private limited with Share Capital
industry
47721 - Retail sale of footwear in specialised stores
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
MHA
auditor
-
address
francis house 2 park road, barnet, herts, EN5 5RN
Bank
-
Legal Advisor
-
ancient greek sandals 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 found 1 charges/mortgages relating to ancient greek sandals ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
ancient greek sandals 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 ANCIENT GREEK SANDALS LTD. This can take several minutes, an email will notify you when this has completed.
ancient greek sandals ltd Companies House Filings - See Documents
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