smilers nursery limited

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smilers nursery limited Company Information

Share SMILERS NURSERY LIMITED

Company Number

09720137

Shareholders

surinder kaur jandoo

sarbjit singh jandoo

Group Structure

View All

Industry

Child day-care activities

 

Registered Address

lorimar house 556-558 high road, ilford, IG3 8EG

smilers nursery limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of SMILERS NURSERY LIMITED at £1.4m based on a Turnover of £1.4m and 0.95x industry multiple (adjusted for size and gross margin).

smilers nursery limited Estimated Valuation

£887.8k

Pomanda estimates the enterprise value of SMILERS NURSERY LIMITED at £887.8k based on an EBITDA of £125.2k and a 7.09x industry multiple (adjusted for size and gross margin).

smilers nursery limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of SMILERS NURSERY LIMITED at £2.2m based on Net Assets of £470.4k and 4.59x industry multiple (adjusted for liquidity).

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Smilers Nursery Limited Overview

Smilers Nursery Limited is a live company located in ilford, IG3 8EG with a Companies House number of 09720137. It operates in the child day-care activities sector, SIC Code 88910. Founded in August 2015, it's largest shareholder is surinder kaur jandoo with a 60% stake. Smilers Nursery Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with rapid growth in recent years.

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Smilers Nursery Limited Health Check

Pomanda's financial health check has awarded Smilers Nursery Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £1.4m, make it larger than the average company (£325.4k)

£1.4m - Smilers Nursery Limited

£325.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (7.5%)

31% - Smilers Nursery Limited

7.5% - Industry AVG

production

Production

with a gross margin of 50.6%, this company has a comparable cost of product (50.6%)

50.6% - Smilers Nursery Limited

50.6% - Industry AVG

profitability

Profitability

an operating margin of 8.1% make it more profitable than the average company (5.3%)

8.1% - Smilers Nursery Limited

5.3% - Industry AVG

employees

Employees

with 60 employees, this is above the industry average (16)

60 - Smilers Nursery Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £17.1k, the company has an equivalent pay structure (£17.1k)

£17.1k - Smilers Nursery Limited

£17.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £24k, this is equally as efficient (£24k)

£24k - Smilers Nursery Limited

£24k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Smilers Nursery Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Smilers Nursery Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Smilers Nursery Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 23 weeks, this is less cash available to meet short term requirements (156 weeks)

23 weeks - Smilers Nursery Limited

156 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.9%, this is a higher level of debt than the average (28.6%)

66.9% - Smilers Nursery Limited

28.6% - Industry AVG

SMILERS NURSERY LIMITED financials

EXPORTms excel logo

Smilers Nursery Limited's latest turnover from March 2024 is estimated at £1.4 million and the company has net assets of £470.4 thousand. According to their latest financial statements, Smilers Nursery Limited has 60 employees and maintains cash reserves of £233.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover1,438,505983,755698,680636,235261,3524,063
Other Income Or Grants
Cost Of Sales710,768512,247355,241399,270136,9482,166
Gross Profit727,737471,507343,439236,965124,4041,897
Admin Expenses611,614307,903201,171-53,07969,258-3,8891,774
Operating Profit116,123163,604142,268290,04455,1463,889123
Interest Payable56,86159,59443,56335,66617,3542,363
Interest Receivable14,31713,3472,3131763353
Pre-Tax Profit73,579117,358101,019254,55437,8251,579123
Tax-18,395-22,298-19,194-48,365-7,187-300-23
Profit After Tax55,18495,06081,825206,18930,6381,279100
Dividends Paid
Retained Profit55,18495,06081,825206,18930,6381,279100
Employee Costs1,025,447696,638484,235455,394181,52913,486
Number Of Employees60453232131
EBITDA*125,160174,900156,389307,61785,2203,889123

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets1,186,8881,195,9251,207,2211,195,749506,49358,582
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,186,8881,195,9251,207,2211,195,749506,49358,582
Stock & work in progress
Trade Debtors100
Group Debtors
Misc Debtors
Cash233,311312,089316,022300,78351,83114,079
misc current assets
total current assets233,311312,089316,022300,78351,83114,079100
total assets1,420,1991,508,0141,523,2431,496,532558,32472,661100
Bank overdraft
Bank loan29,67429,67429,67429,67429,674
Trade Creditors
Group/Directors Accounts440,369503,116539,664515,982252477
other short term finances
hp & lease commitments
other current liabilities41,02347,26843,08771,86426,970705
total current liabilities511,066580,058612,425617,52056,8961,182
loans438,758512,765590,687640,706469,31170,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities438,758512,765590,687640,706469,31170,000
total liabilities949,8241,092,8231,203,1121,258,226526,20771,182
net assets470,375415,191320,131238,30632,1171,479100
total shareholders funds470,375415,191320,131238,30632,1171,479100
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit116,123163,604142,268290,04455,1463,889123
Depreciation9,03711,29614,12117,57330,074
Amortisation
Tax-18,395-22,298-19,194-48,365-7,187-300-23
Stock
Debtors-100100
Creditors
Accruals and Deferred Income-6,2454,181-28,77744,89426,265705
Deferred Taxes & Provisions
Cash flow from operations100,520156,783108,418304,146104,2984,394
Investing Activities
capital expenditure-25,593-706,829-477,985-58,582
Change in Investments
cash flow from investments-25,593-706,829-477,985-58,582
Financing Activities
Bank loans29,674
Group/Directors Accounts-62,747-36,54823,682515,730-225477
Other Short Term Loans
Long term loans-74,007-77,922-50,019171,395399,31170,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-42,544-46,247-41,250-35,490-17,321-2,310
cash flow from financing-179,298-160,717-67,587651,635411,43968,267
cash and cash equivalents
cash-78,778-3,93315,239248,95237,75214,079
overdraft
change in cash-78,778-3,93315,239248,95237,75214,079

smilers nursery limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Smilers Nursery Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for smilers nursery limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in IG3 area or any other competitors across 12 key performance metrics.

smilers nursery limited Ownership

SMILERS NURSERY LIMITED group structure

Smilers Nursery Limited has no subsidiary companies.

Ultimate parent company

SMILERS NURSERY LIMITED

09720137

SMILERS NURSERY LIMITED Shareholders

surinder kaur jandoo 60%
sarbjit singh jandoo 40%

smilers nursery limited directors

Smilers Nursery Limited currently has 2 directors. The longest serving directors include Mrs Surinder Jandoo (Aug 2015) and Mr Sarbjit Jandoo (Aug 2015).

officercountryagestartendrole
Mrs Surinder JandooUnited Kingdom56 years Aug 2015- Director
Mr Sarbjit JandooEngland59 years Aug 2015- Director

P&L

March 2024

turnover

1.4m

+46%

operating profit

116.1k

0%

gross margin

50.6%

+5.55%

turnover

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

Balance Sheet

March 2024

net assets

470.4k

+0.13%

total assets

1.4m

-0.06%

cash

233.3k

-0.25%

net assets

Total assets minus all liabilities

smilers nursery limited company details

company number

09720137

Type

Private limited with Share Capital

industry

88910 - Child day-care activities

incorporation date

August 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

lorimar house 556-558 high road, ilford, IG3 8EG

Bank

-

Legal Advisor

-

smilers nursery 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 2 charges/mortgages relating to smilers nursery limited. Currently there are 2 open charges and 0 have been satisfied in the past.

smilers nursery 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.

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smilers nursery limited Companies House Filings - See Documents

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