simba sleep limited
simba sleep limited Company Information
Company Number
09703422
Next Accounts
Sep 2025
Shareholders
pangaea three global gp llc acting as general partner of pangaea three gp lp acting as general partner of pangaea three-b lp
glengrace ltd
View AllGroup Structure
View All
Industry
Manufacture of mattresses
Registered Address
5th floor halo, counterslip, bristol, BS1 6AJ
Website
simbasleep.comsimba sleep limited Estimated Valuation
Pomanda estimates the enterprise value of SIMBA SLEEP LIMITED at £67.9m based on a Turnover of £95.1m and 0.71x industry multiple (adjusted for size and gross margin).
simba sleep limited Estimated Valuation
Pomanda estimates the enterprise value of SIMBA SLEEP LIMITED at £27.3m based on an EBITDA of £3.2m and a 8.66x industry multiple (adjusted for size and gross margin).
simba sleep limited Estimated Valuation
Pomanda estimates the enterprise value of SIMBA SLEEP LIMITED at £14.9m based on Net Assets of £6.4m and 2.32x industry multiple (adjusted for liquidity).
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Simba Sleep Limited Overview
Simba Sleep Limited is a live company located in bristol, BS1 6AJ with a Companies House number of 09703422. It operates in the manufacture of mattresses sector, SIC Code 31030. Founded in July 2015, it's largest shareholder is pangaea three global gp llc acting as general partner of pangaea three gp lp acting as general partner of pangaea three-b lp with a 13.6% stake. Simba Sleep Limited is a established, large sized company, Pomanda has estimated its turnover at £95.1m with healthy growth in recent years.
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Simba Sleep Limited Health Check
Pomanda's financial health check has awarded Simba Sleep Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £95.1m, make it larger than the average company (£17.7m)
£95.1m - Simba Sleep Limited
£17.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (6.2%)
12% - Simba Sleep Limited
6.2% - Industry AVG
Production
with a gross margin of 50.2%, this company has a lower cost of product (37.2%)
50.2% - Simba Sleep Limited
37.2% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (3.2%)
1.8% - Simba Sleep Limited
3.2% - Industry AVG
Employees
with 83 employees, this is below the industry average (115)
83 - Simba Sleep Limited
115 - Industry AVG
Pay Structure
on an average salary of £93.4k, the company has a higher pay structure (£34.9k)
£93.4k - Simba Sleep Limited
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£129.5k)
£1.1m - Simba Sleep Limited
£129.5k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (35 days)
9 days - Simba Sleep Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (43 days)
133 days - Simba Sleep Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 48 days, this is in line with average (41 days)
48 days - Simba Sleep Limited
41 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is average cash available to meet short term requirements (29 weeks)
29 weeks - Simba Sleep Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.6%, this is a higher level of debt than the average (55.9%)
84.6% - Simba Sleep Limited
55.9% - Industry AVG
SIMBA SLEEP LIMITED financials
Simba Sleep Limited's latest turnover from December 2023 is £95.1 million and the company has net assets of £6.4 million. According to their latest financial statements, Simba Sleep Limited has 83 employees and maintains cash reserves of £18.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | Sep 2016 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 95,050,000 | 82,729,000 | 105,206,000 | 67,099,000 | 47,969,000 | 75,115,412 | 28,350,879 | 3,953,313 | |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 47,306,000 | 46,972,000 | 57,435,000 | 36,101,000 | 32,211,000 | 58,789,058 | 18,572,439 | 2,539,922 | |
| Gross Profit | 47,744,000 | 35,757,000 | 47,771,000 | 30,998,000 | 15,758,000 | 16,326,354 | 9,778,440 | 1,413,391 | |
| Admin Expenses | 46,051,000 | 41,679,000 | 49,862,000 | 30,855,000 | 29,872,000 | 65,243,712 | 37,600,438 | 4,681,033 | |
| Operating Profit | 1,693,000 | -5,922,000 | -2,091,000 | 143,000 | -14,114,000 | -48,917,358 | -27,821,998 | -3,267,642 | |
| Interest Payable | 2,580,000 | 2,739,000 | 2,438,000 | 2,832,000 | 2,237,000 | 172,757 | 158,574 | ||
| Interest Receivable | 134,000 | 16,000 | 2,980 | ||||||
| Pre-Tax Profit | -753,000 | -8,661,000 | -5,331,000 | -2,689,000 | -16,351,000 | -49,090,115 | -27,980,572 | -3,264,662 | |
| Tax | -114,000 | 1,981,000 | 3,009,000 | 5,420,181 | -20,180 | ||||
| Profit After Tax | -867,000 | -8,661,000 | -3,350,000 | 320,000 | -16,351,000 | -43,669,934 | -28,000,752 | -3,264,662 | |
| Dividends Paid | |||||||||
| Retained Profit | -867,000 | -8,661,000 | -3,350,000 | 320,000 | -16,351,000 | -43,669,934 | -28,000,752 | -3,264,662 | |
| Employee Costs | 7,755,000 | 8,197,000 | 7,126,000 | 5,082,000 | 6,989,000 | 8,400,402 | 2,628,992 | 176,333 | |
| Number Of Employees | 83 | 79 | 49 | 52 | 81 | 123 | 75 | 8 | 6 |
| EBITDA* | 3,153,000 | -4,965,000 | -434,000 | 1,189,000 | -13,343,000 | -48,687,457 | -27,791,846 | -3,267,642 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | Sep 2016 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 316,000 | 221,000 | 55,000 | 23,000 | 94,000 | 220,935 | 128,938 | ||
| Intangible Assets | 2,520,000 | 2,086,000 | 992,000 | 2,035,000 | 2,447,000 | 2,409,691 | 144,301 | 20,000 | 20,000 |
| Investments & Other | 818,000 | 3,049,000 | 430,878 | 61 | |||||
| Debtors (Due After 1 year) | 8,037,000 | 9,605,000 | 9,145,000 | 7,615,000 | 5,400,000 | 4,995,087 | |||
| Total Fixed Assets | 10,873,000 | 11,912,000 | 10,192,000 | 10,491,000 | 10,990,000 | 8,056,591 | 273,300 | 20,000 | 20,000 |
| Stock & work in progress | 6,315,000 | 4,371,000 | 4,665,000 | 2,265,000 | 1,918,000 | 4,749,316 | 866,048 | ||
| Trade Debtors | 2,449,000 | 3,128,000 | 5,353,000 | 6,105,000 | 3,958,000 | 6,435,317 | 2,007,224 | 124,608 | 349,709 |
| Group Debtors | 179,000 | 1,039,643 | |||||||
| Misc Debtors | 3,495,000 | 1,567,000 | 2,830,000 | 2,167,000 | 1,651,000 | 4,443,044 | 2,864,881 | 1,339,493 | 560,490 |
| Cash | 18,544,000 | 15,816,000 | 10,701,000 | 9,506,000 | 4,538,000 | 3,313,423 | 5,341,957 | 3,678,696 | 2,680,096 |
| misc current assets | |||||||||
| total current assets | 30,803,000 | 24,882,000 | 23,728,000 | 20,043,000 | 12,065,000 | 19,980,743 | 11,080,110 | 5,142,797 | 3,590,295 |
| total assets | 41,676,000 | 36,794,000 | 33,920,000 | 30,534,000 | 23,055,000 | 28,037,334 | 11,353,410 | 5,162,797 | 3,610,295 |
| Bank overdraft | |||||||||
| Bank loan | 6,711,000 | 3,534,348 | |||||||
| Trade Creditors | 17,243,000 | 15,860,000 | 14,005,000 | 10,054,000 | 6,749,000 | 11,287,827 | 4,458,862 | 1,161,031 | 709,438 |
| Group/Directors Accounts | |||||||||
| other short term finances | 6,330,000 | ||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 8,774,000 | 7,392,000 | 10,562,000 | 13,362,000 | 5,008,000 | 7,964,684 | 3,534,224 | 901,550 | 637,366 |
| total current liabilities | 32,347,000 | 23,252,000 | 24,567,000 | 23,416,000 | 18,468,000 | 22,786,859 | 7,993,086 | 2,062,581 | 1,346,804 |
| loans | 5,344,000 | 3,166,000 | 3,166,000 | 3,118,000 | 1,979,643 | ||||
| hp & lease commitments | 217,000 | 158,000 | |||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 2,702,000 | 2,562,000 | 3,070,000 | 3,442,000 | 123,000 | 169,034 | |||
| total long term liabilities | 2,919,000 | 8,064,000 | 6,236,000 | 6,608,000 | 3,241,000 | 2,148,677 | |||
| total liabilities | 35,266,000 | 31,316,000 | 30,803,000 | 30,024,000 | 21,709,000 | 24,935,536 | 7,993,086 | 2,062,581 | 1,346,804 |
| net assets | 6,410,000 | 5,478,000 | 3,117,000 | 510,000 | 1,346,000 | 3,101,798 | 3,360,324 | 3,100,216 | 2,263,491 |
| total shareholders funds | 6,410,000 | 5,478,000 | 3,117,000 | 510,000 | 1,346,000 | 3,101,798 | 3,360,324 | 3,100,216 | 2,263,491 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | Sep 2016 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 1,693,000 | -5,922,000 | -2,091,000 | 143,000 | -14,114,000 | -48,917,358 | -27,821,998 | -3,267,642 | |
| Depreciation | 88,000 | 25,000 | 26,000 | 78,000 | 136,000 | 136,111 | 22,921 | ||
| Amortisation | 1,372,000 | 932,000 | 1,631,000 | 968,000 | 635,000 | 93,790 | 7,231 | ||
| Tax | -114,000 | 1,981,000 | 3,009,000 | 5,420,181 | -20,180 | ||||
| Stock | 1,944,000 | -294,000 | 2,400,000 | 347,000 | -2,831,316 | 3,883,268 | 866,048 | ||
| Debtors | -319,000 | -3,207,000 | 1,620,000 | 4,878,000 | -5,904,091 | 12,040,986 | 3,408,004 | 1,464,101 | 910,199 |
| Creditors | 1,383,000 | 1,855,000 | 3,951,000 | 3,305,000 | -4,538,827 | 6,828,965 | 3,297,831 | 1,161,031 | 709,438 |
| Accruals and Deferred Income | 1,382,000 | -3,170,000 | -2,800,000 | 8,354,000 | -2,956,684 | 4,430,460 | 2,632,674 | 901,550 | 637,366 |
| Deferred Taxes & Provisions | 140,000 | -508,000 | -372,000 | 3,319,000 | -46,034 | 169,034 | |||
| Cash flow from operations | 4,319,000 | -3,287,000 | -1,694,000 | 13,951,000 | -12,149,138 | -47,763,071 | -26,155,573 | -2,669,162 | |
| Investing Activities | |||||||||
| capital expenditure | -3,018,166 | ||||||||
| Change in Investments | -818,000 | -2,231,000 | 2,618,122 | 430,817 | 61 | ||||
| cash flow from investments | 818,000 | 2,231,000 | -2,618,122 | -3,448,983 | |||||
| Financing Activities | |||||||||
| Bank loans | -6,711,000 | 3,176,652 | 3,534,348 | ||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | 6,330,000 | ||||||||
| Long term loans | -5,344,000 | 2,178,000 | 48,000 | 1,138,357 | 1,979,643 | ||||
| Hire Purchase and Lease Commitments | 59,000 | 158,000 | |||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -2,446,000 | -2,739,000 | -2,422,000 | -2,832,000 | -2,237,000 | -172,757 | -158,574 | 2,980 | |
| cash flow from financing | 398,000 | 10,619,000 | 3,535,000 | -10,651,000 | 16,673,211 | 48,752,642 | 28,102,286 | 6,367,858 | |
| cash and cash equivalents | |||||||||
| cash | 2,728,000 | 5,115,000 | 1,195,000 | 4,968,000 | 1,224,577 | -2,028,534 | 1,663,261 | 3,678,696 | 2,680,096 |
| overdraft | |||||||||
| change in cash | 2,728,000 | 5,115,000 | 1,195,000 | 4,968,000 | 1,224,577 | -2,028,534 | 1,663,261 | 3,678,696 | 2,680,096 |
simba sleep limited Credit Report and Business Information
Simba Sleep Limited Competitor Analysis
Perform a competitor analysis for simba sleep limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in BS1 area or any other competitors across 12 key performance metrics.
simba sleep limited Ownership
SIMBA SLEEP LIMITED group structure
Simba Sleep Limited has no subsidiary companies.
Ultimate parent company
SIMBA SLEEP LIMITED
09703422
simba sleep limited directors
Simba Sleep Limited currently has 10 directors. The longest serving directors include Mr Andrew McClements (Aug 2015) and Mr Steve Reid (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew McClements | United Kingdom | 62 years | Aug 2015 | - | Director |
| Mr Steve Reid | United Kingdom | 45 years | Nov 2015 | - | Director |
| Mr Thomas Teichman | United Kingdom | 77 years | Feb 2016 | - | Director |
| Mr Nigel Wray | 76 years | Mar 2019 | - | Director | |
| Mr Allan Leighton | 71 years | Mar 2019 | - | Director | |
| Mr Peter Yu | United States | 63 years | Dec 2019 | - | Director |
| Nam Trinh | United States | 43 years | Dec 2019 | - | Director |
| Mr James Cox | United Kingdom | 37 years | Jun 2020 | - | Director |
| Mr James Cox | United Kingdom | 37 years | Jun 2020 | - | Director |
| Mr Paul Blunden | United Kingdom | 47 years | May 2022 | - | Director |
P&L
December 2023turnover
95.1m
+15%
operating profit
1.7m
-129%
gross margin
50.3%
+16.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6.4m
+0.17%
total assets
41.7m
+0.13%
cash
18.5m
+0.17%
net assets
Total assets minus all liabilities
simba sleep limited company details
company number
09703422
Type
Private limited with Share Capital
industry
31030 - Manufacture of mattresses
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
5th floor halo, counterslip, bristol, BS1 6AJ
Bank
-
Legal Advisor
-
simba sleep 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 6 charges/mortgages relating to simba sleep limited. Currently there are 1 open charges and 5 have been satisfied in the past.
simba sleep limited 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 SIMBA SLEEP LIMITED. This can take several minutes, an email will notify you when this has completed.
simba sleep limited Companies House Filings - See Documents
| date | description | view/download |
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