the spirit of dubai limited

the spirit of dubai limited Company Information

Share THE SPIRIT OF DUBAI LIMITED
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EstablishedSmallDeclining

Company Number

09878574

Industry

Wholesale of perfume and cosmetics

 

Retail sale of cosmetic and toilet articles in specialised stores

 

Directors

Howaida Ali

Asghar Ibrahim

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Shareholders

asghar ibrahim

howaida ali

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Group Structure

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Contact

Registered Address

unit 3, hounslow business park, alice wa, hounslow, TW3 3UD

the spirit of dubai limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of THE SPIRIT OF DUBAI LIMITED at £1.4m based on a Turnover of £2.9m and 0.48x industry multiple (adjusted for size and gross margin).

the spirit of dubai limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of THE SPIRIT OF DUBAI LIMITED at £1.9m based on an EBITDA of £525.6k and a 3.58x industry multiple (adjusted for size and gross margin).

the spirit of dubai limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE SPIRIT OF DUBAI LIMITED at £0 based on Net Assets of £-1.7m and 2.93x industry multiple (adjusted for liquidity).

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The Spirit Of Dubai Limited Overview

The Spirit Of Dubai Limited is a live company located in hounslow, TW3 3UD with a Companies House number of 09878574. It operates in the retail sale of cosmetic and toilet articles in specialised stores sector, SIC Code 47750. Founded in November 2015, it's largest shareholder is asghar ibrahim with a 40% stake. The Spirit Of Dubai Limited is a established, small sized company, Pomanda has estimated its turnover at £2.9m with declining growth in recent years.

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The Spirit Of Dubai Limited Health Check

Pomanda's financial health check has awarded The Spirit Of Dubai Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.9m, make it smaller than the average company (£17.8m)

£2.9m - The Spirit Of Dubai Limited

£17.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.6%)

-3% - The Spirit Of Dubai Limited

5.6% - Industry AVG

production

Production

with a gross margin of 29%, this company has a higher cost of product (43.8%)

29% - The Spirit Of Dubai Limited

43.8% - Industry AVG

profitability

Profitability

an operating margin of 18.2% make it more profitable than the average company (3.7%)

18.2% - The Spirit Of Dubai Limited

3.7% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (67)

6 - The Spirit Of Dubai Limited

67 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)

£40.3k - The Spirit Of Dubai Limited

£40.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £480.7k, this is more efficient (£248.2k)

£480.7k - The Spirit Of Dubai Limited

£248.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 18 days, this is earlier than average (42 days)

18 days - The Spirit Of Dubai Limited

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 324 days, this is slower than average (35 days)

324 days - The Spirit Of Dubai Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Spirit Of Dubai Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - The Spirit Of Dubai Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1260.9%, this is a higher level of debt than the average (65%)

1260.9% - The Spirit Of Dubai Limited

65% - Industry AVG

THE SPIRIT OF DUBAI LIMITED financials

EXPORTms excel logo

The Spirit Of Dubai Limited's latest turnover from December 2023 is estimated at £2.9 million and the company has net assets of -£1.7 million. According to their latest financial statements, we estimate that The Spirit Of Dubai Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Nov 2016
Turnover2,884,4162,751,2312,568,2963,148,7133,689,2663,521,9633,374,5451,655,137
Other Income Or Grants00000000
Cost Of Sales2,046,9741,939,7691,812,0212,233,4722,594,1482,533,8492,414,1641,235,250
Gross Profit837,442811,462756,275915,2401,095,119988,114960,381419,887
Admin Expenses311,830764,374442,6161,646,7601,518,4491,388,7121,522,655663,520
Operating Profit525,61247,088313,659-731,520-423,330-400,598-562,274-243,633
Interest Payable00000000
Interest Receivable09857000000
Pre-Tax Profit525,61248,073313,730-731,520-423,330-400,598-562,274-243,633
Tax-131,403-9,134-59,60900000
Profit After Tax394,20938,939254,121-731,520-423,330-400,598-562,274-243,633
Dividends Paid00000000
Retained Profit394,20938,939254,121-731,520-423,330-400,598-562,274-243,633
Employee Costs241,938258,333248,072316,374314,924252,003266,781164,352
Number Of Employees67799896
EBITDA*525,61247,088313,659-731,520-423,330-400,598-562,274-243,633

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Nov 2016
Tangible Assets0000569,336624,711679,750514,635
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets0000569,336624,711679,750514,635
Stock & work in progress0066,42300000
Trade Debtors144,212160,902092,587278,732371,799429,573208,009
Group Debtors00000000
Misc Debtors00000000
Cash0056,28900000
misc current assets00000000
total current assets144,212160,902122,71292,587278,732371,799429,573208,009
total assets144,212160,902122,71292,587848,068996,5101,109,323722,644
Bank overdraft00000000
Bank loan00000000
Trade Creditors 1,818,2982,229,1972,229,8462,453,9422,477,9032,203,0151,915,230966,277
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities1,818,2982,229,1972,229,8462,453,9422,477,9032,203,0151,915,230966,277
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities00000000
total liabilities1,818,2982,229,1972,229,8462,453,9422,477,9032,203,0151,915,230966,277
net assets-1,674,086-2,068,295-2,107,134-2,361,355-1,629,835-1,206,505-805,907-243,633
total shareholders funds-1,674,086-2,068,295-2,107,134-2,361,355-1,629,835-1,206,505-805,907-243,633
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Nov 2016
Operating Activities
Operating Profit525,61247,088313,659-731,520-423,330-400,598-562,274-243,633
Depreciation00000000
Amortisation00000000
Tax-131,403-9,134-59,60900000
Stock0-66,42366,42300000
Debtors-16,690160,902-92,587-186,145-93,067-57,774221,564208,009
Creditors-410,899-649-224,096-23,961274,888287,785948,953966,277
Accruals and Deferred Income00000000
Deferred Taxes & Provisions00000000
Cash flow from operations0-57,17456,118-569,336-55,375-55,039165,115514,635
Investing Activities
capital expenditure000569,33655,37555,039-165,115-514,635
Change in Investments00000000
cash flow from investments000569,33655,37555,039-165,115-514,635
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue0-10010000000
interest09857000000
cash flow from financing088517000000
cash and cash equivalents
cash0-56,28956,28900000
overdraft00000000
change in cash0-56,28956,28900000

the spirit of dubai 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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The Spirit Of Dubai Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the spirit of dubai limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in TW3 area or any other competitors across 12 key performance metrics.

the spirit of dubai limited Ownership

THE SPIRIT OF DUBAI LIMITED group structure

The Spirit Of Dubai Limited has no subsidiary companies.

Ultimate parent company

THE SPIRIT OF DUBAI LIMITED

09878574

THE SPIRIT OF DUBAI LIMITED Shareholders

asghar ibrahim 40%
howaida ali 30%
mustafa asghar adam ali ibrahim 30%

the spirit of dubai limited directors

The Spirit Of Dubai Limited currently has 3 directors. The longest serving directors include Mrs Howaida Ali (Nov 2015) and Mr Asghar Ibrahim (Aug 2016).

officercountryagestartendrole
Mrs Howaida AliEngland43 years Nov 2015- Director
Mr Asghar IbrahimEngland71 years Aug 2016- Director
Mr Mustafa Adam Ali IbrahimEngland46 years Aug 2016- Director

P&L

December 2023

turnover

2.9m

+5%

operating profit

525.6k

0%

gross margin

29.1%

-1.56%

turnover

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

Balance Sheet

December 2023

net assets

-1.7m

-0.19%

total assets

144.2k

-0.1%

cash

0

0%

net assets

Total assets minus all liabilities

the spirit of dubai limited company details

company number

09878574

Type

Private limited with Share Capital

industry

46450 - Wholesale of perfume and cosmetics

47750 - Retail sale of cosmetic and toilet articles in specialised stores

incorporation date

November 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

unit 3, hounslow business park, alice wa, hounslow, TW3 3UD

Bank

-

Legal Advisor

-

the spirit of dubai 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 did not find charges/mortgages relating to the spirit of dubai limited.

the spirit of dubai 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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the spirit of dubai limited Companies House Filings - See Documents

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