one silk street limited
one silk street limited Company Information
Company Number
09736862
Website
-Registered Address
jactin house 24 hood street, ancoats urban village, manchester, M4 6WX
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01619743232
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
nathan joshua ezair 50%
nubis rock real estate limited 50%
one silk street limited Estimated Valuation
Pomanda estimates the enterprise value of ONE SILK STREET LIMITED at £687.1k based on a Turnover of £210.4k and 3.27x industry multiple (adjusted for size and gross margin).
one silk street limited Estimated Valuation
Pomanda estimates the enterprise value of ONE SILK STREET LIMITED at £13.4m based on an EBITDA of £1.9m and a 6.9x industry multiple (adjusted for size and gross margin).
one silk street limited Estimated Valuation
Pomanda estimates the enterprise value of ONE SILK STREET LIMITED at £0 based on Net Assets of £-3.2m and 0.99x industry multiple (adjusted for liquidity).
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One Silk Street Limited Overview
One Silk Street Limited is a live company located in manchester, M4 6WX with a Companies House number of 09736862. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2015, it's largest shareholder is nathan joshua ezair with a 50% stake. One Silk Street Limited is a young, micro sized company, Pomanda has estimated its turnover at £210.4k with declining growth in recent years.
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One Silk Street Limited Health Check
Pomanda's financial health check has awarded One Silk Street Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £210.4k, make it smaller than the average company (£801k)
- One Silk Street Limited
£801k - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (1.9%)
- One Silk Street Limited
1.9% - Industry AVG
Production
with a gross margin of 74.6%, this company has a comparable cost of product (74.6%)
- One Silk Street Limited
74.6% - Industry AVG
Profitability
an operating margin of 915.9% make it more profitable than the average company (36.5%)
- One Silk Street Limited
36.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - One Silk Street Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- One Silk Street Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £105.2k, this is less efficient (£171.7k)
- One Silk Street Limited
£171.7k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (30 days)
- One Silk Street Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 705 days, this is slower than average (37 days)
- One Silk Street Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- One Silk Street Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (15 weeks)
5 weeks - One Silk Street Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.2%, this is a higher level of debt than the average (62.8%)
120.2% - One Silk Street Limited
62.8% - Industry AVG
ONE SILK STREET LIMITED financials
One Silk Street Limited's latest turnover from March 2023 is estimated at £210.4 thousand and the company has net assets of -£3.2 million. According to their latest financial statements, One Silk Street Limited has 2 employees and maintains cash reserves of £452.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 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 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,141 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 15,253,944 | 13,931,031 | 8,686,879 | 1,947,353 | 1,242,331 | 1,124,216 | 1,124,216 | 511,523 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 15,283,085 | 13,931,031 | 8,686,879 | 1,947,353 | 1,242,331 | 1,124,216 | 1,124,216 | 511,523 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,898 | 0 | 0 | 73,890 | 0 | 1,743 | 3,765 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,826 | 277,762 | 153,456 | 84,332 | 2,671 | 1,135 | 4,601 | 312 |
| Cash | 452,461 | 51,460 | 140,015 | 280,265 | 29,491 | 141,621 | 82,542 | 23,040 |
| misc current assets | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 466,186 | 329,223 | 293,471 | 438,487 | 32,162 | 144,499 | 90,908 | 23,352 |
| total assets | 15,749,271 | 14,260,254 | 8,980,350 | 2,385,840 | 1,274,493 | 1,268,715 | 1,215,124 | 534,875 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 103,336 | 1,029,461 | 220,004 | 71,327 | 14,957 | 1,348 | 24,868 | 1,343 |
| Group/Directors Accounts | 0 | 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 | 3,769,317 | 4,413,259 | 4,672,381 | 2,368,870 | 1,300,722 | 1,303,845 | 1,213,667 | 519,095 |
| total current liabilities | 4,072,653 | 5,442,720 | 4,892,385 | 2,440,197 | 1,315,679 | 1,305,193 | 1,238,535 | 520,438 |
| loans | 14,859,766 | 12,428,772 | 4,145,041 | 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 | 14,859,766 | 12,428,772 | 4,145,041 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 18,932,419 | 17,871,492 | 9,037,426 | 2,440,197 | 1,315,679 | 1,305,193 | 1,238,535 | 520,438 |
| net assets | -3,183,148 | -3,611,238 | -57,076 | -54,357 | -41,186 | -36,478 | -23,411 | 14,437 |
| total shareholders funds | -3,183,148 | -3,611,238 | -57,076 | -54,357 | -41,186 | -36,478 | -23,411 | 14,437 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 14,570 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -264,038 | 124,306 | -4,766 | 155,551 | -207 | -5,488 | 8,054 | 312 |
| Creditors | -926,125 | 809,457 | 148,677 | 56,370 | 13,609 | -23,520 | 23,525 | 1,343 |
| Accruals and Deferred Income | -643,942 | -259,122 | 2,303,511 | 1,068,148 | -3,123 | 90,178 | 694,572 | 519,095 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 1,322,913 | 5,244,152 | 6,739,526 | 705,022 | 118,115 | 0 | 612,693 | 511,523 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 2,430,994 | 8,283,731 | 4,145,041 | 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 | 401,001 | -88,555 | -140,250 | 250,774 | -112,130 | 59,079 | 59,502 | 23,040 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 401,001 | -88,555 | -140,250 | 250,774 | -112,130 | 59,079 | 59,502 | 23,040 |
one silk street limited Credit Report and Business Information
One Silk Street Limited Competitor Analysis
Perform a competitor analysis for one silk street limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 4 area or any other competitors across 12 key performance metrics.
one silk street limited Ownership
ONE SILK STREET LIMITED group structure
One Silk Street Limited has 1 subsidiary company.
one silk street limited directors
One Silk Street Limited currently has 2 directors. The longest serving directors include Mr Nathan Ezair (Aug 2015) and Mr Vincent Kompany (Aug 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nathan Ezair | England | 44 years | Aug 2015 | - | Director |
| Mr Vincent Kompany | England | 38 years | Aug 2015 | - | Director |
P&L
March 2023turnover
210.4k
-82%
operating profit
1.9m
0%
gross margin
74.6%
+0.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-3.2m
-0.12%
total assets
15.7m
+0.1%
cash
452.5k
+7.79%
net assets
Total assets minus all liabilities
Similar Companies
one silk street limited company details
company number
09736862
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 2015
age
9
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
m4nchester two limited (February 2022)
last accounts submitted
March 2023
address
jactin house 24 hood street, ancoats urban village, manchester, M4 6WX
accountant
-
auditor
-
one silk street 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 one silk street limited. Currently there are 1 open charges and 1 have been satisfied in the past.
one silk street limited Companies House Filings - See Documents
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